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3 years ago

10

If private investors put a lot of money into the U.S. economy, the gross domestic product will increase. What else will likely o

ccur?

1 answer:

Phoenix [80]3 years ago

8 0

An increase in jobs and inflation.

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Each year a company selects a number of employees for a management training program. On average, 60 percent of those sent comple

Gnesinka [82]

Answer:

the probability that exactly 8 complete the program is 0.001025

Explanation:

given information:

60 % of those sent complete the program, p = 0.6

the total of people being sent, n = 27

exactly 8 complete the program, x = 8

to find the probability, we can use the following formula

$P(X=x)=\left[\begin{array}{ccc}n\\x\\\end{array}\right] p^{x} (1-p)^{n-x}$

$P(X=8)=\left[\begin{array}{ccc}27\\8\\\end{array}\right] 0.6^{8} (1-0.6)^{27-8}$

$P(X=8)=\left[\begin{array}{ccc}27\\8\\\end{array}\right] 0.6^{8} (0.4)^{19}$

= 0.001025

3 0

3 years ago

At the time of her grandson's birth, a grandmother deposits $4000 in an account that pays 5% compounded monthly. What will be t

defon

Answer:

$874,507,135

Explanation:

To find the final capital, we use the compound interest formula:

Final Capital (FC)= Initial Capital (IC)*[(1+interest(i))]^(number of periods(n))

The problem is givining this information:

IC= $4000

i= 5% compounded monthly

n=21 (is it 21 because the grandmother started at the granson´s birth, if she would started when the baby had 1 year, then n=20 and so on)

Before we apply the formula, we have to notice that there is and inconsistency. The interest rate is compounded monthly but n is in years. So, we must change <em>i</em> or <em>n. </em>We will change the interest.

First, we have to transform the periodic interest rate into an Effective Annual rate using this formula:

Effective Annual rate= [(1+periodic interest)^(n)] -1

Effective Annual rate= [(1+5%)^(12)]-1= 79,59%

Now, we can apply the first formula:

FC= $4000*(1+79,59%)^(21)= $874,507,135

4 0

3 years ago

douglas pays selena $43,300 for her 30% interest in a partnership with net assets of $127,900. following this transaction, dougl

Katarina [22]

Selena receives $43,300 from Douglas for her 30% stake in a partnership with $127,900 in net assets. After this transaction, the capital account of Douglas should have a account balance of $38,370.

Douglas's Capital account balance

= Net assets x30%

= $127,900 x 30%

= $31,875

Therefore, Douglas's capital account should have a credit balance of $38,370

A financial repository's account balance represents the amount of money there is at the end of the current accounting period. It is the sum net assets of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.

The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include net assets recurring bills, like those for utilities or gym memberships. The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts.

Learn more about account balance here

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4 0

1 year ago

You just paid $574,000 for an annuity that will pay you and your heirs $14,000 a year forever. what rate of return are you earni

ivann1987 [24]

Simply paying $574,000 for an annuity is a good way to pay you and your heirs $14,000 a yr for all time. what fee of return are you earning on this coverage 2.44%

The components of an annuity are:

total quantity = cash glide every yr fee of return

574, 000 = 14,000 charge of go back

rate of go back = frac{14,000}{574,000}

charge of go back=zero.0244

The fee of going back that you will be earning in this coverage is two. forty four%

An annuity is protracted-term funding this is issued by a covered employer and is designed to help defend you from the hazard of outliving your profits. through annuitization, your buy payments (what you make a contribution) are transformed into periodic bills which can final for existence.

An annuity is a sequence of payments made at identical intervals. Examples of annuities are regular deposits to a financial savings account, month-to-month domestic loan payments, month-to-month insurance payments, and pension payments. Annuities can be categorized by using the frequency of fee dates.

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5 0

2 years ago

Exercise 25-08 Pierre’s Hair Salon is considering opening a new location in French Lick, California. The cost of building a new

Bas_tet [7]

Answer: 14%

Explanation:

To calculate the Annual Rate of Return on such a project, you divide the Average net profit that the project is expected to make by the Average investment value.

This in effect compares future income to the investment in the project and so is a very useful tool in analysis.

Annual Rate of Return = Average Net Profit / Average Investment

Average Net Profit.

A new salon will normally generate annual revenues of $64,160, with annual expenses (including depreciation) of $40,500.

The net profit is revenue less expenses so,

= 64,160 - 40,500

= $23,660

Average Investment

The Average Investment is calculated by taking the average of the Initial Value of the project and it's ending value.

Initial value is $262,000 as that was the cost.

The Ending Value is the salvage value of $76,000.

= (262,000 + 76,000) / 2

= $169,000

The Annual Rate of Return is,

= 23,660 / 169,000

= 0.14

= <u>14%</u>

6 0

3 years ago