One way that leads a person to earn additional income is for the person to

lucy invests $800 in an account that earns 6.12% annual interest compounded continuously. juan invests $1600 in an account that

Len [333]

Answer:

Both their investments will reach a similar value in 32 years, 9 months and 8 days. Both accounts will have exactly $5,606.

Explanation:

Original investment: $800 at 6.12% $1,600 at 3.9%

future value 10 years $1,449 $2,346

future value 20 years $2,624 $3,439

future value 30 years $4,753 $5,042

future value 31 years $5,044 $5,238

future value 32 years $5,353 $5,442

future value 33 years $5,681 $5,655

It will take over 32 years for both investments to match their amounts.

to determine the approximate month we start with the future value in 32 years:

$5,353 $5,442

future value in 6 months $5,517 $5,548

future value in 9 months $5,599 $5,601

future value in 9 months

and 5 days $5,603 $5,604

future value in 9 months

and 8 days $5,606 $5,606

7 0

4 years ago

Which type of tax analytics provide insight creating a trend analysis for sales and use tax paid in different locations would he

sashaice [31]

Based on the information given, it can be inferred that the type of tax that is illustrated is known as the diagnostic analytics.

Diagnostic analytics simply means a form of advanced analytics that is vital for the examination of data in order to be able to answer the question "why did it happen?"

It should be noted that diagnostic analytics takes a deeper look at the datas in order to understand the causes of events and to help answer some workforce questions.

Read more about tax on:

brainly.com/question/25815069

6 0

2 years ago

Market failures : a) are only a concern when they result in prices that are too high. b) apply exclusively to situations where p

ZanzabumX [31]

Answer:

d) result in overproduction or underproduction of a good.

Explanation:

Market failure occurs when market forces fails to allocate goods and services efficiently.

The government usually intervenes to correct market failure.

Externalities usually lead to market failure.

Positive externality is when the benefits of economic activities to third parties exceeds its cost. Research and development usually yield postive externality.

Goods that yield postive externality are usually underproduced. Government can intervene by giving subsidies and grants which encourages production.

A negative externality is when the cost of economic activities to third parties exceeds the benefit. Pollution is an example of negative externality. Goods that yield negative externality are usually overproduced. Government can intervene by taxing companies producing negative externality. This would increase the cost of production and discourage production.

I hope my answer helps you

4 0

3 years ago

A manufacturer makes two types of handmade fancy paper bags: type A and type B. Two designers—a cutter and a finisher—need to wo

avanturin [10]

Answer:

Type A to produce 44 bags and Type B to produce 16 bags to maximize profit of $440

Explanation:

Let X be the number of bags for Type A and Y be the number of bags for Type B

Cutter Finisher

Type A 2X 1X = $6X

Type B 1Y 2Y = $11Y

104 76

2x+1y= 104

1x+2y=76

y= 104-2x

x+2(104-2x) = 76

x+ 208-4x = 76

132= 3x

x= 44 bags

y= 104-2(44)

y= 16 bags

Type A should produce 44 bags and Type B 16 bags to maximize profit

Maximum Profit = 6X + 11Y

= 6(44) + 11(16)

= $440

7 0

3 years ago

On which of these are individuals required to pay income taxes in the United States? Check all that apply. wages tips gasoline s

Ber [7]

Answer: wages, tips and investment earnings

Explanation: I took the test

3 0

3 years ago

Read 2 more answers