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
Olenka [21]
2 years ago
11

What will be the amount accumulated by each of the given present investment? (a) (a) $5,500 in 10 years at 9% compounded semiann

ually. (b) (b) $12,500 in 15 years at 8% compounded quarterly. (c) (c) $13,600 in seven years at 6% compounded monthly.
Business
1 answer:
Softa [21]2 years ago
6 0

Answer:

Explanation:

Giving the following information:

For each of the following investments, we need to use the following formula:

FV= PV*(1+i)^n

(a) $5,500 in 10 years at 9% compounded semiannually.

i= 0.09/2= 0.045

n= 10*2= 20

FV= 5,500*1.045^20= $13,264.43

(b) $12,500 in 15 years at 8% compounded quarterly.

i= 0.08/4= 0.02

n= 15*4= 60

FV= 12,500*(1.02^60)= $41,012.88

(c) $13,600 in seven years at 6% compounded monthly.

i= 0.06/12= 0.005

n= 7*12= 84

FV= 13,600*(1.005^84)= $20,677.03

You might be interested in
When someone comes to your web site through an ad campaign, leaves the site, and then comes back later by another link or search
Anna [14]

A <em>latent conversion. </em>

While the first ad click didn't result in a sale, the person eventually came back and made a purchase. They "converted" from a looker to a buyer, but since it was not directly through the first ad it is considered latent.

8 0
2 years ago
Assume that 11 comma 200 units were in beginning WIP​ Inventory, 35 comma 500 were​ started, 33 comma 000 were​ completed, and 1
Wittaler [7]

Answer:

If company uses weighted average method, then equivalent unit of direct material = Units completed + units in ending WIP

= 33,000 + 13,700

= 46,700 units

If company uses FIFO method, then equivalant unit of direct material = Unit started and completed + Units in ending WIP  

= 33,000 - 11,200 + 13,700

= 35,500 units

5 0
2 years ago
If you were a systems administrator for a data center, what steps would you take to create and manage a data center to store the
Dafna11 [192]

Answer:

As a system administrator, I would take the following steps :

1. Perform an energy audit to establish a baseline.

2. Choose environmentally friendly components as well as attributes.

3. Make Data Center Energy Consumption Lowering a priority.

4. Improve the cooling of data centers.

5. Create data centers that are modular.

7 0
2 years ago
Suppose Rainforest sells 2 comma 000 books on account for $ 19 each​ (cost of these books is $ 22 comma 800​) on October ​10, 20
Step2247 [10]

Answer:

Journal entries for ABC Store's

inventory   38,000

  account payable 38,000

to record purchase of 2,000 books

account payable 1,900

   inventory                  1,900

to record return of 100 damaged books

Explanation:

Requirement 1 journalize ABC Store's

We need to journalize base on ABC store. Assuming perpetual inventory.

ABC purchased 2,000 books at $19 each total 38,000

we increase our inventory for the amount purchased and also declare the liability, as those book were not paid right away

later it return 100 books the cost is $19 each total 1,900

this decrease the ammount due to Rainforest and also decrease the inventory

4 0
3 years ago
Suppose the production of long-distance airline flights is described by a fixed proportion production process in which three cre
Elina [12.6K]

Answer:

production at this point is technically inefficient.

Explanation:

Efficient production processes requires a producer to either minimise the inputs they are using at a given output or maximise output level at a given input level.

Technical inefficiency is when input is not minimised or output maximised.

In the given instance the fixed cost (airplane) remains unchanged. However crew members can be variable.

If the airplane only requires 3 crew members and 4 crew members are now used, the company is not minimising inputs used so they are technically inefficient.

3 0
2 years ago
Other questions:
  • SmartKids, a textbook publisher, is considering investing in a software company that collects and stores data. What beta should
    11·1 answer
  • Fabrication, Inc, makes steel forms that are substandard. Geo Manufacturing Company has never bought or used a Fabrication form,
    12·1 answer
  • The Green Machine Manufacturing Company has the option to make or buy a component part for one of its lawnmowers. The annual req
    15·1 answer
  • The benefits of comparing actual performance of the operations against planned goals include all of the following except A. prov
    5·1 answer
  • Walter builds birdhouses. He spends $5 on the materials for each birdhouse. He can build one in 30 minutes. He is semi-retired b
    13·1 answer
  • A buyer made an offer to purchase a property. The owner responded with a counteroffer. While the buyer was reviewing the counter
    10·1 answer
  • Foreign investment in U.S. companies continues to be strong. When Belgian-based In-Bev purchased the largest beer company in the
    14·1 answer
  • The end product of a team effort is often a written report, a series of self-contained electronic slides, and an oral presentati
    7·1 answer
  • GDP is not a perfect measure of well-being; for example, a. GDP incorporates a large number of non-market goods and services tha
    5·1 answer
  • When a market is in equilibrium, the: multiple choice 1 quantity demanded equals the price. quantity demanded equals the quantit
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!