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
Sonbull [250]
3 years ago
10

If the rate of inflation is 2.2% per year, the future price pt (in dollars) of a certain item can be modeled by the following ex

ponential function, where t is the number of years from today.
p(t)=1200(1.039^t)

Find the current price of the item and the price 9 years from today.
Business
1 answer:
postnew [5]3 years ago
6 0

Answer:

1693.25

Explanation:

The computation of the current price of the item and the price 9 years from today is shown below:-

p(t) = 1,200 × (1.039)^t

Now, the current price can be found by putting t = 0

p(0) is

1,200\times (1.039)^0 = $1,200

The price 10 years from today

p(9) is

1,200\times (1.039)^9

Now we will solve the above equation

= 1,200 × 1.411041958

= 1693.25035

or

= 1693.25

You might be interested in
During risk management activities, 236 risks have been identified which are caused by 13 root causes. You could eliminate 234 ri
alisha [4.7K]

Answer: (D) Accept the risk

Explanation:

 According to the given question, the one of the best solution is to accept the risk as the 2 given risks in the project cannot be removed or also outsourced from the given project scope.

Accepting the risk is one of the risk retention process in which we sometimes cannot avoid the given risk in the risk management and it is commonly found in the various types of investment process and also in the business.

 On the basis of the given scenario, we could not eliminate the two risks in the project so the best solution is to using the risk acknowledgement due to some limitations. Therefore, Option (D) is correct answer.

5 0
3 years ago
Jan Throng invested $39,000 in the Invesco Charter mutual fund. The fund charges a commission (load) of 4.5 percent when shares
Karolina [17]

Answer:

amount of commission (load) Jan must pay is $1755

Explanation:

given data

investment  = $39,000

charges commission (load)  = 4.5 percent

to find out

Calculate the amount of commission (load) Jan must pay

solution

we get amount of commission will be here as

amount of commission = investment × charges commission %   ......................1

put here value we will get

amount of commission = $39000 ×  4.5%

amount of commission = $39000 ×  0.045

amount of commission = $1755

so amount of commission (load) Jan must pay is $1755

5 0
3 years ago
As the chief executive officer of Hayden Corp., Kim found an effective way to reward high-performing employees and boost their m
mixas84 [53]

Answer:

c. Leading

Explanation:

According to my research on the different management functions, I can say that based on the information provided within the question the management function that Kim is engaged in is called Leading. This is the act of a manager influencing or motivating his/her employees so that they perform at optimal capacity in order to achieve the organizational goals. Which is what Kim is doing by looking for a way to reward the best employees.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Should companies hire only people who represent the company image based on how they look?
Alex_Xolod [135]
No, companies need to hire people who have experience.
3 0
3 years ago
Why do many executives prefer visioning to execution?
alexgriva [62]

Answer:

Visioning is more exciting than execution.

Explanation:

4 0
2 years ago
Other questions:
  • George is trying to teach his two-year old son to gently caress their cat. George softly strokes the animal and every time his s
    5·1 answer
  • Upon seeing the fraser's spiral, most people must carefully trace one of the circles to confirm what is "real" in the design. th
    11·1 answer
  • A sunk cost: Requires a current outlay of cash. Is the lost benefit of choosing an alternative course of action. Is irrelevant i
    7·1 answer
  • Willie is the production manager of the sterile ophthalmic formulations division of Pharmogrep, a pharmaceutical manufacturing c
    8·1 answer
  • Paxson began 2014 with an inventory T-account debit balance of $22,000. In 2014, its inventory purchases amounted to $42,000, an
    7·1 answer
  • Who benefits from the free market economy ​
    5·1 answer
  • A graduating high school student decides to take a year off and work to save money for college. The student plans to invest all
    10·1 answer
  • Which two advantages do renters have that home buyers don’t have?
    7·1 answer
  • AMaZon is taking forever to ship my tablet. answer with problems you've had with aMaZon
    8·1 answer
  • Discounted cash flow methods consider the present value of the cash flows after the recovery of the initial investment. quizlet
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!