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Trava [24]
4 years ago
12

What is the future value of $375 at an interest rate of 3 percent one year from today? a. $371.75 b. $393.33 c. $386.25 d. none

of the above are correct to the nearest cent?
Business
1 answer:
IgorLugansk [536]4 years ago
3 0
The future value of a current investment is calculated through the equation,
    F = P x (1 + i)^n

where F is the present value, F is the future value, i is the nominal interest rate, and n is the number of years.

Substituting the known values,
   F = ($375)(1 + 0.03)^1 = $386.25

Hence, the answer to this item is letter C. 
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What are the 3 psychological states reviewed in class that may improve engagement in the workplace?
Masteriza [31]

Answer:

Experienced meaningfulness: This is a positive psychological state that will be achieved if the first three job dimensions—skill variety, task identity, and task significance—are in place. All three dimensions help employees feel that what they do is meaningful.

3 0
3 years ago
what is the equivalent present amount of an eight year series of decreasing amaounts if the interest rate is 10% compounded annu
zepelin [54]

Answer: $93,876

Explanation:

The equivalent present amount of an 8year series of decreasing amounts when the interest rate is 10% compounded annually, the first year amount is $20,000, and the rate of decrease is $800 per year will be calculated thus:

PV = C / (1+r) ^ t

= 20,000/1.1 + 19,200/1.1² + 18,400/1.1³ + 17,600/1.1⁴ +16,800/1.1^5 + 16,000/1.1^6 + 15,200/1.1^7 + 14,400/1.1^8

= $93,876

Therefore, the equivalent present value is $93,876.

6 0
3 years ago
Select the correct answer.
irga5000 [103]
$60, because 4 percent of 300 is 12, and 12*5 years is $60 earned through interest.

The answer is 60.
5 0
3 years ago
Read 2 more answers
which categoryh of inventory holding costs would be much higher than average for rapidly chaning industries
Alex787 [66]

The correct option is (c) i.e, The pilferage, scrap, and obsolescence category of inventory holding costs are much higher than average for rapid-change industries such as PCs and cell phones.

<h3>What does Inventory Holding Cost mean?</h3>

Expenses associated with keeping inventory at a warehouse are known as inventory holding costs. Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms.

Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.

Businesses must take demand planning and demand sensing into account when these prices rise. These technologies can help businesses keep the right amount of stock on hand.

Therefore, The category of inventory holding costs that are depicted, based on the information provided comprises pilferage, scrap, and obsolescence.

The complete question is:

Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as PCs and cell phones?

A) housing costs

B) material handling costs

C) pilferage, scrap, and obsolescence

D) investment costs

To know more about inventory holding costs refer to: brainly.com/question/15298484

#SPJ4

6 0
2 years ago
When an organization’s internal environment no longer allows the organization to perform effectively, a manager might do which o
Drupady [299]

<u><em>Explanation</em></u>:

<u>Question 1.</u> These options apply;

  • Create a culture of innovation by inviting and expecting employees to contribute new ideas.
  • Hire people with new skills and perspectives and train current employees on new skills.
  • Restructure the organization to be more customer-centric and make work processes more efficient.

<u>Question 2.</u> These options apply;

  • Think about new possibilities for the organization.
  • Spend a good deal of time determining what the problem is and find out what caused it.
  • Create deadlines and checkpoints for solving the problem

<u>Question 3</u>

B. slow moving and stable

<u>Question 4</u>

D. incremental

<u>Question 5. </u>

D. made a proactive change

7 0
4 years ago
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