Answer:
the price will grow to $ 507,571.77 If it continues with the same grow rate
Explanation:
first we solve for the rate:
2006 - 1895 = 111 years
![Nominal (1+r)^{n} = FV\\150 (1+r)^{111} = 70,000\\\\r = \sqrt[111]{70,000 / 150 } -1](https://tex.z-dn.net/?f=Nominal%20%281%2Br%29%5E%7Bn%7D%20%3D%20FV%5C%5C150%20%281%2Br%29%5E%7B111%7D%20%3D%2070%2C000%5C%5C%5C%5Cr%20%3D%20%5Csqrt%5B111%5D%7B70%2C000%20%2F%20150%20%7D%20-1)
r = 0.06
Now we apply this rate for the year 2040:
2040 - 2006 = 34 years
Principal 70,000.00
time 34.00
rate 0.06000
Amount 507,571.77
Answer:
l
Explanation:
the core concept of marketing is a social and managerial process by which individuals and groups obtained what they need and want through creating,offering and exchangeing products of value with others
The cash flow (payment or receipt) made for a given period or set of periods. The present value, PV, of a series of cash flows is the present value, at time 0, of the sum of the present values of all cash flows, CF. We start with the formula for PV of a future value ( FV) single lump sum at time n and interest rate.
Yw and pls mark me as brainiest
Answer:
They provide buyers with anytime, anywhere access to products.
Explanation:
Direct digital marketing is the type of marketing that is done exclusively through digital channels such as email and the internet. It is becoming the more convinient way of marketing and is used by most businesses and even replaces traditional marketing in some cases.
Email marketing involves promotion of products through targeted emails to selected customer segments.
Marketing on the internet involves advert placement on various internet channels such as social media and search engines.
A minor advantage of digital marketing is that it is available at every time. So the customer can access information on products at any time of the day.
Answer
Payroll Journal Entry
Explanation
A payroll entry is used to record the compensations paid to employees by the company. Payroll journal entries can be initial recordation, accrued wages or manual payments. This entry is prepared from the payroll register and it includes debits for labor, salaries and the firm’s fraction of payroll taxes.
