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
borishaifa [10]
3 years ago
6

You are scheduled to receive $7,500 in three years. When you receive it, you will invest it for eight more years at 7.5 percent

per year. How much will you have in eleven years?
Business
1 answer:
taurus [48]3 years ago
4 0

Answer:

$13,376

Explanation:

Given an initial investment (P) of $7,500 invested for 8 years (n) at 7.5% per annum (r),

the amount at the end of the investment will be

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

= 7,500 * (1.075)^{8}

= 7,500 * 1.7835

= $13,376.

You might be interested in
The following information is from Morris company: Direct materials : $30,000 Wages for production workers: $50,000 Lease, utilit
bixtya [17]

Answer:

Number of units produced during the period: 38,000 units

Explanation:

Cost to produce the product exclude General Selling and administrative Expenses - selling and management expense.

Total Cost to produce the product = Direct materials + Wages for production workers + Lease, utility costs and depreciation for factory workers = $30,000 + $50,000 + $15,000 = $95,000

The average cost to produce one unit: $2,50. Number of units produced during the period = $95,000/$2,50 = 38,000 units

3 0
4 years ago
Carrie is a project manager. She is using a spreadsheet to calculate how much the project will cost. She enters the salaries for
mart [117]

Answer: =(B2+1.5)*(B3+1.5)*(B4+1.5)*(B5*1.5)

Explanation: my guess

5 0
3 years ago
Read 2 more answers
How do we minimize short run cost and maximize short run profits?​
Oksanka [162]
  • In the short run, a firm that is maximizing its profits will:-

  • Increase production if the marginal cost is less than the marginal revenue.
  • Decrease production if marginal cost is greater than marginal revenue.
  • Continue producing if average variable cost is less than price per unit.
<h3><u>__________________________</u></h3>
3 0
2 years ago
During the current​ year, Karen sells her entire interest in Central Corporation common stock for $ 22 comma 000. She is the sol
statuscvo [17]

<u>Solution and Explanation:</u>

Amount realized   22,000 Minus: Basis 89,000 Loss recognized 67000

<u>answer a </u>) Since Karen is single she can guarantee this lose as a common misfortune to a limit of $50,000. Karen won't have the option to guarantee the whole $67,000 that she lost she can just guarantee $50,000.  

<u>answer b) </u>Since Karen is recording a joint government form she can guarantee a lose of upto $100,000. Karen will have the option to guarantee the whole loss of $67,000.  

<u>answer c )</u> With the stock being bought from another investor as opposed to the sorting out enterprise she can guarantee the whole loss of $67,000 as a captial gain misfortune.  

<u>answer d )</u> B. By selling a segment of the stock in one year and the staying stock in one more year Karen could change over the whole misfortune on the deal to a normal misfortune.

7 0
3 years ago
Sanjeev enters into a contract offering variable consideration. The contract pays him $1,000/month for six months of continuous
Anna [14]

Answer:

$1,400

Explanation:

The computation of the amount of revenue recognized for the first month is shown below:

= Contract paid amount × number of months + additional amount paid × given percentage + additional amount paid × given percentage

= $1,000 × 6 months + $2,000 × 60% + $3,000 × 40%

= $6,000 + $1,200 + $1,200

= $8,400

Now for one month it is

= $8,400 ÷ 6 months

= $1,400

4 0
3 years ago
Other questions:
  • Any establishment formed to carry on commercial enterprises is a
    10·1 answer
  • Megan used to do all of her shopping at the local mall. However, recently, she is spending less time at the mall and doing more
    10·1 answer
  • Freitas Corporation was organized early in 2021. The following expenditures were made during the first few months of the year: A
    15·1 answer
  • Carter Pearson is a partner in Event Promoters. His beginning partnership capital balance for the current year is $55,700, and h
    15·1 answer
  • Doggle, Inc. has two categories of overhead: maintenance and inspection. Costs expected for these categories for the coming year
    13·1 answer
  • The money supply is backed Multiple Choice by the government's ability to control the supply of money and therefore to keep its
    7·1 answer
  • Suppose we have a 2-person world, with only Stephen and his friend LeBron. Suppose that Stephen can move 70 boxes or bake 28 coo
    6·1 answer
  • Identify information that would be included in a printed, hand-delivered résumé and not an online résumé.
    11·2 answers
  • From a salesperson's perspective, the characteristics of a good manager: A. vary from manager to manager. B. conflict with the c
    14·1 answer
  • 4 Select the correct answer. Which of these components is a part of the Central Processing Unit (CPU) of a computer?​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!