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
bulgar [2K]
3 years ago
5

Find the amount of interest earned by a deposit of $2450 for 6.5 years at 5.25% compounded

Business
1 answer:
Serggg [28]3 years ago
4 0

Answer:

$3443.86

Explanation:

a=p(1+r/n)^nt

a=2450(1+.0525/12)^12*6.5

3443.86

You might be interested in
Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
suter [353]

Answer:

The stock will trade for 4.30 dollars in the market

Explanation:

The stock will be valued at the discounted value of their future cash flow.

w calculate the cas flow by multiplying by the grow rate given.

Then we discount using the present value of a lump sum:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $0.5000  

time   3.00  

rate  0.18

\frac{0.5}{(1 + 0.18)^{3} } = PV  

PV   0.30  

Then, for the entire of the dividend after year 6th we use the gordon model:

dividends / (rate - grow) and then we discount that

\frac{dividends}{return - growh}

Y# Cashflow Discounted

0 0          

1 0        

2 0          

3 0.5                 0.304315436

4 0.825         0.425525822

5 1.36125          0.595014921

6 1.4565375 2.971555503

Total 4.296411682

8 0
3 years ago
Mia kaminsky wants to attend riverside community college. she'll need to have $25,000 six years from today. mia is wondering wha
VMariaS [17]

Mia needs to deposit

$18,588.90


7 0
3 years ago
Read 2 more answers
Where should you explain the factors that led you to submit an unsolicited proposal, such as conversations with members of the r
ira [324]

Solicited business proposals are executed in reaction to a purchaser's want, at the same time as unsolicited proposals are used to market it to capacity customers.

It is an internal suggestion due to the fact it's miles from a worker in the organization. And unsolicited due to the fact this is an idea that became an independent idea up and the employee now desires to endorse this idea to the top of the employer.

The advent of an unsolicited proposal consists of a statement of the hassle or opportunity that the concept addresses to reinforce the argument stated in the record.

Learn more about organization here: brainly.com/question/24448358

#SPJ4

5 0
1 year ago
Stone Co. began operations in year 3 and reported $225,000 in income before income taxes for the year. Stone's year 3 tax deprec
Lubov Fominskaja [6]

Answer:

Given:

Income before income taxes = $225,000

Book depreciation = $25,000

Nondeductible book expenses = $10,000

Tax rate = 40%

Enacted rate = 35%

Deferred income tax liability is computed as:

Deferred income tax liability = Book depreciation × Enacted rate

= $25,000 × 35%

= $8,750

3 0
3 years ago
An industry has 5 firms. Firm A has 30% of the market, Firm B and Firm C each have 25% of the market, Firm D has 15% of the mark
stiks02 [169]

Answer:

2400

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

30² + 25² + 25² + 15² + 5² = 2400

5 0
3 years ago
Other questions:
  • The set of companies a product goes through on the way to the consumer is called
    13·2 answers
  • Beartowne Enterprises uses an activityminusbased costing system to assign costs in its autominusparts division.
    12·1 answer
  • Which of the following statements about executing and evaluating the promotion program is most accurate?
    7·1 answer
  • Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufact
    9·1 answer
  • Give an example of one good or service produced in the United States using the command model. Justify your example using researc
    9·1 answer
  • Which of the following statements is true of financial leverage
    7·1 answer
  • Applying the lower of cost or market method, the reported value of this company's ending inventory if LCM is applied to individu
    13·1 answer
  • Psychologists have observed that: Multiple Choice once investors have made a loss, they become much more willing to take risks.
    11·1 answer
  • What component of GDP would a consumer buying a new house affect?
    7·1 answer
  • An investor would expect which type of preferred stock to pay the highest stated dividend rate?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!