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Inessa05 [86]
3 years ago
8

What amount do you need to invest to obtain $20,000 at 6 percent simple interest per year, after ten years?

Business
2 answers:
Anna007 [38]3 years ago
8 0

This is a question which requires you to use the simple interest formula, that being I = PRT. Therefore, you get 20000 = P x 6% x 10, which means the amount you need to invest is 33333.3 rounded off to 1 decimal place.

sineoko [7]3 years ago
4 0

Answer:

$12,500

Explanation:

Given information:

Amount = $20,000

Rate of interest = 6% = 0.06

Time = 10 years

Let x be the amount invested or principal amount.

Interest = Principal × Rate of interest × Time

Interest = x × 0.06 × 10

Interest = 0.6x

Amount = Principal + Interest

A=x+0.6x

20000=1.6x

Divide both sides by 1.6.

\dfrac{20000}{1.6}=x

12500=x

Therefore, the principal amount is $12500.

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PLEASE HELP! WORTH 25 POINTS
Mariulka [41]

Answer:

Something to do when youre younger 16^ is go to your dream job and ask if they need help now if they say yes than put in double the work to show them that you actaully want this job.

Explanation:

1

Write down a list of your skills and abilities. Research careers suited to your skills. Think about the jobs you are truly able to do and would enjoy most. This will help you narrow your search and focus your visualization.

2

Imagine that you have your dream job. Picture yourself waking up, getting ready for work and driving to your new job. Think about your tasks and what your co-workers and boss say to you. Make the scenario as real as possible.

3

Incorporate all five senses into your visualization, including touch, taste, hearing, smell and sight. These details will make your brain think the scenario is real.

4

Act as if you have your dream job. For example, write "I work as a chef and I love my new job" on a sticky note. Stick the note where you'll see it often. Think about the note frequently throughout the day.

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Think about the lifestyle you'll have because of your dream job. Visualize getting your first paycheck from the job. Imagine being able to meet your financial goals, such as buying a house, going on vacation or taking care of your family.

6

Write your goals on index cards and review them daily. Take a few moments every day to create a visualization based on each card.

7

Visualize your dream job for five minutes each morning when you wake up and before you go to bed at night. Eliminate noises and outside distractions to help you concentrate.

8

Take actual steps toward obtaining your dream job. For example, enroll in college and earn a degree that will help you get a job in your desired field. Go to seminars related to your field to meet managers and business owners who can hire you. Make friends with someone who has your dream job and ask him how he got the position.

3 0
2 years ago
Explain how motor vehicle production is a bulk-gaining industry ap human geo
zhannawk [14.2K]

A bulk gaining industry is one where the product gains weight or volume through the production process (the whole is greater than the sum of the parts). Due to logistical and transportation costs it is advantageous to produce bulk-gaining materials closer to where they are sold. This is why foreign car companies (Toyota, mazda, etc) have US-based production plants to save on these costs.

6 0
3 years ago
An aircraft factory manufactures airplane engines. The unit cost (the cost in dollars to make each airplane engine) depends on t
nataly862011 [7]

Answer:

Incomplete question

Complete question:

An aircraft factory manufactures airplane engines. The unite cost C ( the cost in dollars to make each airplane engine) depends on the number of engines made. If x is the number of engines made, then the unit cost is given by the function C(x)=0.8x^2-160x+26848. What is the minimum unit cost? not rounded

Answer: $18848

Explanation:

Since we have the function

C(x) = 0.8x²-160x+26,848

Firstly, we differentiate

C'(x) = 1.6x - 160

The minimum cost will occur where x = 100.

The vertex of a parabola (quadratic equation) occurs where X = -b/2a, in this case we have that

X = 160/(2×0.8) = 100

Therefore, we substitute x = 100 into the original equation

We have that

C(x) = 0.8(100)²-160(100)+26848

C(x) = 8000-16000+26848

C(x) = $18848

8 0
3 years ago
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noname [10]
The answer would be True if it’s a true or false question
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3 years ago
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7nadin3 [17]

Answer:

Value conflicts can be defined as the issues which arose when the standard or predicted results are not achieved.

Explanation:

In an organization, a values conflict might arise if decisions are made or actions taken that result in compromising a stated value. Tools to resolve value conflicts.

Ignorance: Ignorance can be useful sometimes. If a mistake is too small which  can be ignored or which has not that much affect on the concern topic then it is necessary to ignore.

Mediate it: Sometimes, the small or unnecessary things turn into a big issue which can be dangerous if not mediate properly. Thus correct and timely mediation is a required factor to resolve value conflict.

8 0
3 years ago
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