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Anton [14]
3 years ago
7

Brandon Ramirez wants to set up a scholarship at his alma mater. He is willing to invest $320,000 in an account earning 11 perce

nt. What will be the annual scholarship that can be given from this investment
Business
1 answer:
sukhopar [10]3 years ago
4 0

Answer:

$35,200

Explanation:

Given that

Invested amount = $320,000

Rate of interest = 11%

So by considering the above information, the amount of annual scholarship that can be given from this investment is  

= Invested amount × Rate of interest

= $110,000 × 11%

= $35,200

By multiplying the invested amount with the rate of interest we can find out the annual scholarship amount

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IgorC [24]
The answer would be b
6 0
3 years ago
Social commerce is ______. Multiple choice question. browsing for or trying a product in a physical store but buying it online a
maxonik [38]

Answer:

D. the use of social networks for browsing and buying products

Explanation:

A. browsing for or trying a product in a physical store but buying it online

B. advertising within social networks to promote goods and services

C. recommending a product to a personal connection in exchange for a discount

D. the use of social networks for browsing and buying products

Social commerce is the use of social networks for browsing and buying products

Commerce means means the exchange of goods and services between the seller and the buyer.

Social means the gathering where people of different ages, cultures gets to meet each other. There different social networks where people meets on the internet.

Therefore, social commerce is the use of social network for buying and selling of products. The buyer gets to browse different products and order from the seller. The delivery of ordered products could be door step delivery or the buyer picks the product up at a pick up station.

6 0
3 years ago
According to the Monetarist theory, _____________is a critical causal force that determines the nominal GDP..
aivan3 [116]

Answer:

money supply

Explanation:

Monetarists are a branch of new classical economists that, as the name  suggests, believe that money has a very important part to play within an  economy.They believe that aggregate expenditures in the economy are influenced by the  market rate of interest, and therefore money can affect the level of output in the  short run economy.However, they further believe that money influences the long run unemployment  in the economy. If monetary policies are used to increase aggregate demand, it is  thought that this use of additional money may cause a short term boost in output,  but will ultimately lead to inflation in the economy.

So the answer is money supply

7 0
4 years ago
How do you give bainliest
FromTheMoon [43]
After 2 people answer on-top of their name will have the option for you to choose which answer is the most helpful to you
7 0
3 years ago
Sheffield Corp. uses the composite method and its composite rate is 7.5% per year, what entry should it make when plant assets t
muminat

Answer:

$ 142 375

Explanation:

Thinking process:

Let the composite rate be given by the formula:

A = P (1+\frac{r}{n})^{nt}

where

A = amount after interest

\frac{r}{n} = interest rate

t = time

n = number of times (per year)

Therefore, this gives:

A =134 000 (1+\frac{0.75}{12})^{1}\\   = $ 142 375

8 0
4 years ago
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