Ask question

Ask question

All categories

3 years ago

10

According to the rule of 72, if holly invests $200, $400, and $1000 into three separate accounts with the same interest rate, wh

ich amount will double fastest?

2 answers:

777dan777 [17]3 years ago

7 0

It will double at the same rate

Musya8 [376]3 years ago

7 0

All the accounts will double at the same rate

-from an Apex User

You might be interested in

Your generous grandmother has just announced that she’s opened a savings account for you with a deposit of $10,000. Moreover, sh

daser333 [38]

Answer:

$156,454.87

Explanation:

Future Value of an annuity due: FV = Pmt x ((1+r)n -1))/r) x (1+r)

When Payment per period (PMT) = $10,000, Discount Rate per period= 8%,Number of periods (n) = 10

Future Value = $10,000 * ((1+0.08)^10 -1))/0.08) * 1.08

Future Value = $10,000 * [(1.08)^10 - 1 ]/ 0.08 * 1.08

Future Value = $10,000 * 2.15892499727-1/0.08 * 1.08

Future Value = $10,000 * 1.15892499727/0.08 * 1.08

Future Value = $10,000 * 14.486562465875 * 1.08

Future Value = 156454.87463145

Future Value = $156,454.87

3 0

2 years ago

Excel provides _____ in categories such as financial management and budgets.

a_sh-v [17]

Excel provides <u>Expenses</u> in categories such as financial management and budgets.

Excel is a Microsoft Office application designed to carry out variation functions, including financial analysis.

Microsoft Excel can be used in many ways. When it comes to finances, it can be used for budgeting or costing before a product or project is made, where each expense is categorized under a different heading.

Microsoft Excel can also carry out a valuation of expenses made, with each expense listed under different categories.

Hence, in this case, it is concluded that Microsoft Excel is a vital tool in financial management.

Learn more here: brainly.com/question/23960987

7 0

2 years ago

Using a $ sign before a column label ________.

Licemer1 [7]

Answer:

The alignment of the choices are off but here's the explanation for solving this question below;

Explanation:

Using a $ sign before a column label, keeps the reference to column fixed,

but allows the row reference to change. Generally, putting a dollar sign ($) before a column label or row label puts an absolute reference to that respective column or row while keeping the other changing. For example;

In $C5, "C" is the column reference while "5" is the row reference. Because there is $ sign before C, that column will be fixed and the row will change

6 0

3 years ago

A listing given to any number of brokers without liability to compensate any broker, except the one who first secures a buyer re

german

Answer:OPEN LISTING

Explanation:

Open listing is a term used in the Marketing of securities like bonds,stocks and other marketable securities and real estates, in this type of listing it is made open to all the brokers available who are ready to help facilitate the sale.

Compensation can only be paid to the Broker who first brings the buyer of the listing. A broker is compensated based on the amount made buy the owner of the listing.

6 0

3 years ago

Target Corporation prepares its financial statements according to U.S. GAAP. Target’s financial statements and disclosure notes

Mandarinka [93]

Answer:

1. What amounts did Target report for the following items for the year ended January 30, 2016?

b) Income from current operations

$2,669 million

c) Net income or net loss

$2,737 million

d) Total assets

$37,431 million

e) Total equity

$10,953

2) What was Target’s basic earnings per share for the year ended January 30, 2016?

$4.74 per share

Why do you think Target has chosen to have its fiscal year end on January 30, as opposed to December 31?

I guess that Christmas Holiday season is very important for them and a large percentage of their revenue is generated during November and December. It reports at the end of January to have time to consolidate its financial statements.

3) Regarding Target’s audit report:

Who is Target’s auditor?

Ernst & Young

Did Target receive a "clean" (unmodified) audit opinion?

yes, it did

7 0

3 years ago