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CaHeK987 [17]
3 years ago
14

You are investing $500 today. If it is compounded semi-annually at an annual interest rate of 13% for the next 5 years, your inv

estment will grow to_______ after five years.
Business
1 answer:
Ilya [14]3 years ago
4 0

Answer:

Explanation:

In this question, we are expected to know the amount a certain investment would have grown to after 5 years.

Mathematically, the amount is calculated by the formula below:

A = P(1 + r/n)^nt

The parameters have the following values: A = ? P = $500 r = 13% = 13/100 = 0.13 n = 2 ( semi-annually means two times a year) and t = 5 years

A = 500( 1 + 0.13/2)^(2 * 5)

A = 500(1 + 0.065)^10

A = 500( 1.877)

A = 938.56 or simply $939

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Answer:

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4 0
2 years ago
Read 2 more answers
Only three airlines fly from San Francisco to Medford, Oregon. No new airline will enter this market, because there are not enou
I am Lyosha [343]

Answer:

a) Oligopoly

Explanation:

The oligopoly is a market structure which characterized by the presence of a few large companies producing homogeneous or differentiated products

In this market, there are few sellers plus there is also a barriers for entering the new firms in the market. Also, the prices are normally fixed in this market because due to the competitors as they are fear of price war

So in the given question, it indicated the oligopoly scenario

8 0
3 years ago
Assume that the money demand function is (M/P)d = 2,200 – 200r, where r is the interest rate in percent. The money supply M is 2
liubo4ka [24]

Answer: The nominal money supply should set at 1,600.

Explanation:

Given that,

Money demand function: (M/P)d = 2,200 – 200r

r - Interest rate

Money supply (M) = 2,000

Price level (P) = 2

If the fed wants to set the interest rate at 7% then,

Money supply = money demand

(\frac{M}{P})^{s} = (\frac{M}{P})^{d}

\frac{M}{P} = 2,200 – 200r

P = 2 and r = 7%

\frac{M}{2} = 2,200 – 200 × 7

                            M = 800 × 2

                            M = 1,600

The nominal money supply should set at 1,600.

6 0
3 years ago
Until 1996, U.S. carmakers sent very few right-hand-drive cars to Japan while German carmakers exported several models with the
Alona [7]

Answer:

not satisfying customer needs on critical factors.

Explanation:

In this scenario American companies were supplying more of left hand side cars to Japan. When Japan needed more of the right hand side cars. They ignored the customer needs and instead gave him what he has little use for.

On the other hand Germany supplied Japan the specification of cars that they wanted.

American car manufacturers will be blamed for not satisfying customer needs on critical factor of right hand drive cars.

7 0
3 years ago
Atlanta Company Spokane Company
liraira [26]

Answer:

C) Atlanta Company

Explanation:

Let's bear in mind that equity is an advantage that allows your company to buy and sell more.

So more equity means more ability to buy and sell and less the possibility of going bankrupt.

Liability on the other hand also gives advantage in trade r company , so more liability shows strongness of the company.

Now let's compare the equity and liability of the both companies

Atlanta Company

Total liabilities $ 429,000

Total equity 572,000

Spokane Company

Total liabilities $ 549,000

Total equity 1,830,000

The equity ratio is about 1:3

While liability is about 1:1.2

So Atlanta company has more riskier structure

5 0
3 years ago
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