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MrRa [10]
4 years ago
5

How long will it take for an investment of $15,000 to grow to $19,100 if the investment earns interest at the rate of 9%/year co

mpounded monthly? (round your answer to one decimal place?
Business
1 answer:
sveticcg [70]4 years ago
3 0
GOOGLE  IT PLSSSS <3 ;D
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Long-term investments tie up money for
Nezavi [6.7K]

Answer:Long-term investments tie up money for More than one year.

One reason why individuals focus on long-term investments is to save for retirement.

A(n) 401(k) allows both employees and employers to contribute to a retirement plan.

5 0
3 years ago
When McDonald's and other fast food restaurants offer "value menu" items at surprisingly low prices, they are most likely using
photoshop1234 [79]

Answer:

Good value, is the right answer.

Explanation:

The given blank will be filled by “good value” because when a restaurant charges or offer a value menu it means that it is just making a minimum profit in order to attract the customers. However, charging a lower price which makes minimum profit results in the good value pricing process. Additionally, good value pricing is a technique to increase their sales.

7 0
3 years ago
How can residential interior and architectural design contribute towards housing evolution(s)?
Ne4ueva [31]

Answer: Residential interior and architectural design contribute towards housing evolution by building and designing the houses.

<u>Explanation:</u>

Architectures are one who works on the structure of the house. They decide what should be the structure of the house. But the residential interior designers, on the other hand, look after the interior of the house. They decorate the house from inside.

Both of them play a very important role in housing evolution. Houses have developed a lot due to the work done by interiors and architectures. Today a large number of houses are seen in urban areas with all the modern amenities.

6 0
3 years ago
On July 1, 2021, Ross-Livermore Industries issued nine-month notes in the amount of $400 million. Interest is payable at maturit
Novay_Z [31]

Answer:

accrued interest owed at the end of the year = $400 x interest rate x 6/12 months

the interest rate was not given, but we can assume that it was 5% just as an example:

total accrued interest expense = $400 x 5% x 6/12 = $10

the journal entry would be

December 31, 2021

Dr Interest expense 10 million

    Cr Interest payable 10 million

8 0
3 years ago
What effects did the Great Depression have on the credit industry?
koban [17]
There were no effects the great depression has on the credit industry. There was instead insider trading. people didn't care about the dangers of inside trading. But then WWII put the US back on track.

The effects Postwar Era had been good. Consumer borrowing increased. the G.I Bill was used by thousands of veterans to go to college or buy homes. Wages were mostly higher now and there were many jobs out there.
7 0
4 years ago
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