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
Dmitriy789 [7]
3 years ago
14

Karley's setting aside $32,000 each quarter, starting today, for the next three years for an expansion project. How much money w

ill the firm have at the end of the three years if it can earn an average of 5.45 percent on its savings
Business
1 answer:
Mashutka [201]3 years ago
8 0

Answer:

Final Value= $414,135.43

Explanation:

Giving the following information:

Quarterly deposit= $32,000

Number of quarters= 3*4= 12

Interest rate= 0.0545/4= 0.01363

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= quarterly deposit

FV= {32,000*[(1.01363^12)-1]} / 0.01363

FV= $414,135.43

You might be interested in
Punishments help comfort your behavior right
NikAS [45]

Answer:

true isthe answer

6 0
2 years ago
Advise florence and her team on how they can convince the staff using john kotters theory to lead change
mestny [16]
John kotters theory consist of 8 steps processes for leading change.

Change is hard.

Especially if we wanted to change something that deeply immersed in our habit. Florence and her team cannot just tell and force the staff to change. They have to be patient and implement the correct ways to the changes in order for it to be happen.
8 0
3 years ago
A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours woul
ipn [44]

Answer:

The plant would have to work 8.33 hours

Explanation:

Initial productivity:

100 parts were produced in 1 hour

Percentage increase in productivity = 20%

New productivity:

100 + (100 × 0.2) = 100 + 20 = 120

120 parts would be produced in 1 hour

Number of hours the plant would have to work to produce 1000 parts = 1000/120 = 8.33 hours

3 0
3 years ago
The liquidity approach to measuring money defines the M2 money supply as A. near monies. B. currency plus travelers checks and c
tatiyna

Answer:

The correct answer is C. M1 plus near monies.

Explanation:

The liquidity approach emphasizes the role of money as a store of value and downplays the role it plays as a means of payment. To assess the amount of money emphasizes that the essentially distinctive property of money is that it is the most liquid of assets.

The strict money supply or circulating medium (M1), which defines money as the money in the hands of the public and demand deposits (DV) is the usual most accepted formula as money. Therefore, money in the strict sense is listed as such in the monetary statistics of the International Monetary Fund (IMF) and many other financial institutions around the world.

7 0
3 years ago
If Kindle e-readers and Nook e-readers are substitutes, a higher price for Nooks would result in a(n) ______.
lara31 [8.8K]

Answer: a) increase in the demand for Kindles.

Explanation: the substitution effect for substitute goods gives that, if the price of good A rises, the demand for good B rises. Since a substitute good is a good that can be used in place of another, they are goods that a consumer perceives as similar or are comparable, in such a way that having more of one good causes the consumer to desire less of the other good. From the viewpoint of price, and given that consumers always prefer to spend less in instances where two goods are substitutes, it then means that Kindle can be used and preferred in place of Nooks given that the price of Nooks had gone up. Therefore, increasing the price of Nooks causes a corresponding increase in the demand for Kindles.

3 0
3 years ago
Other questions:
  • Be-The-One is a motivational consulting business. At the end of its accounting period, December 31, 2017, Be-The-One has assets
    10·1 answer
  • As a PR practitioner, imagine you work for a large corporation that has recently launched a new product that has not lived up to
    11·1 answer
  • At the end of 2016, Sunland Company has accounts receivable of $653,700 and an allowance for doubtful accounts of $24,200.1.On J
    10·1 answer
  • Use the below information to answer the following question.
    13·1 answer
  • Creaky and Toady. Beverly decides to go on a great trip to Hawaii. She needs someone, however, to take care of her two dogs, Cre
    14·1 answer
  • Quality that measures usefulness vs. price paid is which definition of quality? A. Conformance to specifications B. Fitness for
    14·1 answer
  • George and Dan's political consulting firm is losing money, but it is more than covering its variable costs. What is the most ac
    11·1 answer
  • ________ communication is a form of two-way communication, a dialogue.
    5·1 answer
  • Hollister Company amended its defined benefit pension plan at the beginning of 2020 and recognized prior service cost of $1,700,
    13·1 answer
  • On January 1, 2019, Caswell Company signs a 10-year cancelable (at the option of either party) agreement to lease a storage buil
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!