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romanna [79]
2 years ago
6

You have an investment that will pay you .67 percent per month. a. How much will you have per dollar invested in one year? (Do n

ot round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have per dollar invested in two years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Vinil7 [7]2 years ago
5 0

Answer:

Results are below.

Explanation:

Giving the following information:

You have an investment that will pay you .67 percent per month.

Interest rate= 0.67/100= 0.0067

We need to use the following formula:

FV= PV*(1+i)^n

<u>In one year, we will have:</u>

FV= 1*(1.0067^12)

FV= $1.08

I<u>n two years:</u>

FV= 1*(1.0067^24)

FV= $1.17

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gizmo_the_mogwai [7]

Answer: Broker

Explanation: An insurance broker is a person or group of persons who have the legal authority to trade or manage insurance policy of his or her clients. A broker advices the policy holder on necessary actions to take.

Under the California code insurance brokers are not permitted for life and health insurance policy.

An insurance broker is acting as a third party to his or her clients.

6 0
3 years ago
Today only, a table is being sold for $217 . this is 62% of its regular price. what was the price yesterday?
Troyanec [42]
If yesterday's price was the regular price then the equation $217=62%x can be used to solve for x. so x = $217/0.62=$350. To check the answer, multiply $350 by 0.62 = $217. In other words, x is the unknown regular price so 0.62 times x = $217 and then cross multiplying means dividing $217 by 0.62, to get the answer.
8 0
3 years ago
The late famous broadcast journalist Walter Cronkite said that one of his regrets in life was not actively participating in the
Wewaii [24]

Answer:

The correct answer is True.

Explanation:

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6 0
2 years ago
If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing acti
irinina [24]

Answer:

standardization

Explanation:

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4 0
3 years ago
Find an equation of the line slope 2/3; through (-6,3)
Minchanka [31]
If you are given a point and the slope, use the point-slope formula.
m = 2/3
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y - y₁ = m(x - x₁)

y - 3 = 2/3(x + 6)
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y - 3 = 2/3x + 4
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The equation of the line is y = 2/3x + 1.

4 0
3 years ago
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