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
levacccp [35]
3 years ago
6

Approximately how much of the initial investment's value would be lost after 15 years at 3% inflation?

Business
2 answers:
Travka [436]3 years ago
8 0
The answer is-40 Percent.
Arisa [49]3 years ago
5 0
Approximently 40% is the answer
You might be interested in
In a dutch-internet auction, the highest price wins.<br> a. true<br> b. false
Zolol [24]
A. True in a dutch interenet auction the highest price wins
7 0
3 years ago
Pei's savings account balance is $12,000 today. Pei opened the account exactly 7 years ago with a $10,000 deposit. Pei has made
koban [17]

Answer:

2.64%

Explanation:

A = P(1 + r)^n

A = $12,000

P = $10,000

n = 7 years

12,000 = 10,000(1 + r)^7

(1 + r)^7 = 12,000/10,000 = 1.2

(1 + r)^7 = 1.2

1 + r = (1.2)^1/7

I + r = 1.0264

r = 1.0264 - 1 = 0.0264

r = 0.0264 × 100 = 2.64%

5 0
2 years ago
If the amount realized at a Sheriff's sale upon a delinquent mortgage is more than the indebtedness, the excess belongs to:_____
timofeeve [1]

Answer: The mortgagor

Explanation:

If the amount realized at a Sheriff's sale upon a delinquent mortgage is more than the indebtedness, the excess belongs to the mortgagor.

It should be noted that the mortgagor is the borrower, therefore he or she is the person that is entitled to the excess received upon the sake of the asset.

4 0
3 years ago
The summary of a state’s financial transactions with the rest of the world, including trade, __________, and the remittance of i
Oduvanchick [21]
The summary .................. including trade, FOREIGN AID and the remittance............. Balance of payment is the record of all economic transactions between the residents of a country and the rest of the world in a particular period of time. A balance of payment allows a country to monitor its import and export rates.
8 0
2 years ago
Beech Company produces a single product. The company has 50,000 units in its beginning inventory. Beech's variable production co
sdas [7]

Answer:

Closing inventory = 54,000 units

Explanation:

<em>The difference between profit under variable costing and under absorption costing is simply the value of the change in inventory.</em>

<em>Usually, a decrease in inventory would cause profit under absorption costing to be lower . This is so because cost of goods sold would become higher leading to a lower profit</em>

Difference in profit = POAR × change inventory

POAR- fixed overhead cost per unit- $10,

Difference in profit - $120,000

let the change inventory be y

120,000 = 30 ×   y

y= 120,000/30

y = 4000 units

Inventory at the end = opening inventory  + change inventory

                               = 50,000 + 4000  

                               = 54,000 units

<em>Note; An increase in inventory will produce a higher profit using absorption costing. Hence, we added the change inventory to the opening inventory, to reflect an increase in inventory</em>

7 0
3 years ago
Other questions:
  • What will happen when I link two text boxes? When I click on the box, it will take me to a Web site. When the first box is full,
    5·2 answers
  • When your resume is first reviewed, a potential employer looks at it for approximately ____?
    15·1 answer
  • Why can trendy items be made more cheaply than wardrobe staples?
    7·1 answer
  • Folsom Fashions sells a line of women's dresses. Folsom's performance report for November Year 1 follows.Actual : Dresses Sold:
    7·1 answer
  • The stockholders equity section of Martino Inc. at the beginning of the current year appears below.Common stock, $10 par value,
    15·1 answer
  • Controversy seemed to follow Rivera wherever he went. In 1933, while working on a Man at the Crossroads at Rockefeller in New Yo
    13·1 answer
  • Which of the following is a difference between planning and control?
    7·1 answer
  • Jonathan recently sold his home and was able to take home $423,000 after paying the real estate broker's commission of 6%. If th
    6·1 answer
  • Selected financial data for Spark Enterprises follows for a production level of 120,000 units: (4 points) Total fixed costs $300
    5·1 answer
  • Compound interest means that interest is calculated on:.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!