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
Sidana [21]
3 years ago
8

Suppose you invest $2500 each year in a savings account that earns 12% per year. How much will be in the account in 10 years?

Business
1 answer:
iVinArrow [24]3 years ago
4 0

Answer:

Final Value= $43,871.84

Explanation:

Giving the following information:

Suppose you invest $2500 each year in a savings account that earns 12% per year.

Number of years= 10

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

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

A= annual deposit= 2,500

i= 0.12

n=10

FV= {2,500*[(1.12^10)-1]}/0.12= $43,871.84

You might be interested in
Product mix width refers to the ________. A) number of versions offered for each product in the line B) ways in which the variou
sergey [27]

Answer:

D. number of different product lines the company carries

Explanation:

Product mix is referred to as product assortment which is the total number of product lines a company offers to its customers.

3 0
3 years ago
Please help ASAP<br><br>Is an interior design company a industry business or service businesses?​
777dan777 [17]

Answer:

Both

Explanation:

Interior design business combines both elements of service and product business. A majority of businesses in the interior design sector will offer their clients consulting services and also sell furniture and other products required to achieve the intended look.  Almost all the store that sells decor and other interior designs product will offer consultation services on interior design.

The interior design business is more of a practice than a theory sector. Customers want to see, feel, and experience the final product before they can commit. Most start-ups will begin by providing consulting services only. As they grow, they set up a showroom where they exhibit and sell interior design products.

5 0
3 years ago
Successful marketing focuses solely on selling more products. continues long after the product is purchased. ends once the produ
PSYCHO15rus [73]

<u>Answer:</u>

<em>The most effective marketing strategies are those that are targeted toward a specific audience.</em>

<u>Explanation:</u>

The most effective marketing strategies are those that are targeted toward a specific audience,focused on key benefits based on the audience's point of view and interests, and delivered at an appropriate time, when the audience is most likely to be attentive to and interested in the message being delivered.

Successful marketing focuses solely on selling more products. continues long after the product is purchased. ends once the product is sold to consumers. includes preproduction through selling the product.

6 0
3 years ago
A firm improves product quality and adds new product features and models. it also shifts some advertising from building product
marin [14]
The product life cycle (PLC) has 5 stages: product development stage, introduction stage, growth stage, maturity stage and decline stage.<span>
The strategy that includes shifting some advertising from building product awareness to building product conviction and purchase is part of the growth stage of the product life cycle. I</span><span>f the new product satisfies the market, it enters this  growth stage. In the growth stage the sales will start climbing quickly.</span>
6 0
3 years ago
Read 2 more answers
My left shoulder hurts but I'm not sure if its torn or if i should work out today as well (its not soreness)
STALIN [3.7K]
Most likely you've pulled a muscle. The pain will probably go away in the next day or so, if not you should wrap it with a sprain cast in case you sprained it somehow. But definitely do not work out today. That could worsen it and make the pain more severe.

hope this helps!
5 0
3 years ago
Read 2 more answers
Other questions:
  • At the beginning of the month, Bobcat Boards and Skis received $800 in advance for future services to be performed. At the end o
    13·1 answer
  • The formal written document identifying the criminal charge, the date and place where the crime occurred, and the circumstances
    6·1 answer
  • What are three ways to increase productivity?
    12·1 answer
  • Fraudsters typically try to justify their behavior by telling themselves that they intend to repay the amount stolen or that the
    12·1 answer
  • Grossnickle Corporation issued 20-year, noncallable, 7.5% annualcouponbonds at their par value of $1,000 one year ago. Today, th
    10·1 answer
  • Why the aggregate demand curve slopes downward
    5·1 answer
  • Knowledge Check 01 The standard quantity per unit defines the ________. multiple choice price that should be paid for each unit
    15·1 answer
  • Sheffield Corp. has beginning work in process inventory of $148000 and total manufacturing costs of $677000. If cost of goods ma
    13·1 answer
  • 1. Employees at a call centre have earned a bonus of 0.25% of their salary. The bonus that an
    10·1 answer
  • A project manager has multiple projects. One project has new team members and is in its early stages. Unfortunately, the project
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!