1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRa [10]
3 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]3 years ago
3 0
GOOGLE  IT PLSSSS <3 ;D
You might be interested in
Judy's Boutique just paid an annual dividend of $2.77 on its common stock. The firm increases its dividend by 3.50 percent annua
Shalnov [3]

Answer:

10.4%

Explanation:

The formula to calculate the cost of equity is:

Cost of equity= (DPS/MPS)+r

DPS= Dividend per share

MPS= Market price per share

r= Growth rate of Dividends

Cost of equity= (2.77/40.12)+0.0350

Cost of equity=0.069+0.0350

Cost of equity=0.104→ 10.4%

The company's cost of equity if the current stock price is $40.12 per share is 10.4%.

8 0
3 years ago
While differing in details, all of the major types of project life cycle models have a series of phases with activities that nee
Gnoma [55]

Answer: True

Explanation:

The project life cycle is simply the path that is taken by a project from its start to the end. A standard project normally has the initiation phase, planning phase, the implementation phase and lastly the closure phase.

All of the major types of project life cycle models have a series of phases with activities that need to be completed and approvals that must be received before the project can proceed to the next phase.

5 0
3 years ago
The decrease in total surplus that results from a market distortion, such as a tax, is called a a. consumer surplus loss. b. wed
Dafna11 [192]

Answer:

Option "C" is the correct answer to the following question.

Explanation:

Dead-weight loss : A dead-weight loss seems to be a burden or tax or pay  to society generated by the ineffectiveness of the economy, which arises when market forces are out of control. Dead-weight loss may be attributed to any deficit caused by an inadequate redistribution of capital primarily used of economy.

3 0
2 years ago
A binding minimum wage will increase the income of Question 7 options: A. all workers. B. potential workers seeking employment.
katovenus [111]

Answer:

D. only those workers in jobs that would normally pay more than minimum wage.

Explanation:

A minimum wage is a price floor implemented by the government, which ensures that an employer must pay a minimum rate of pay to an employee, and anything lower than this rate of pay is illegal. “A minimum wage is binding if it is set above the equilibrium wage.

5 0
3 years ago
Read 2 more answers
Widget, a manufacturer of widgits, agreed to supply Midgit all the widgits that Midgit needed in his gidgit business. For severa
ZanzabumX [31]

Answer:

It is not a valid agreement as it has to be in writing the no of widgits per month and cost of widgit.

Explanation:

Widgit is liable to Midgit if only if there exists a written agreement regarding quantity and price per month. If there is one, then Widgit is liable to Midgit for breking the agreement.

4 0
3 years ago
Other questions:
  • Which of the following is an example of an accrual? A : Record Revenues that were received in cash in an earlier period. B : Rec
    5·1 answer
  • When you want to start a business, what is the first step
    5·2 answers
  • A certificate of deposit is a receipt showing that an investor has made an interest bearing loan to a bank or a government or a
    5·2 answers
  • On June 30, 2021, Georgia-Atlantic, Inc. leased warehouse equipment from IC Leasing Corporation. The lease agreement calls for G
    8·1 answer
  • To leave the impression of a well-organized office for visitors to see, which of the following habits should you develop?
    12·1 answer
  • How do priorities and goals influence the way money is managed?
    12·1 answer
  • Which of the following can increase your credit card’s APR?
    8·2 answers
  • Duck, an accrual basis corporation, sponsored a rock concert on December 29, 2020. Gross receipts were $300,000. The following e
    7·1 answer
  • Senath Company's annual report reveals net credit sales of $266,000 and average accounts receivable of $46,000. The report also
    15·1 answer
  • Yard Professionals Inc. experienced the following events in Year 1, its first year of operation:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!