What is the interest rate on a three-year investment with a future value of $1000 and a present value of $863.84?

In addition to telling readers why an illustration is important, why else should you refer to it in the text of your document?

Bumek [7]

Answer:

To assist the readers to relate objects and actions with texts.

Explanation:

Aside from telling readers why an illustration is important, the other reason you should refer to it in the text of your document is "to assist the readers to relate objects and actions with texts."

This is evident in the fact that illustration in a text is a means of presenting a graphical representation of ideas, processes, or theories to aid or give elaborate meaning to what is written.

5 0

3 years ago

Last year, you earned a rate of return of 11.29 percent on your bond investments. During that time, the inflation rate was 4.6 p

nordsb [41]

Answer:

the real rate of interest of 6.39 %

Explanation:

given,

rate of return on your bond = 11.29 %

the inflation rate = 4.6 %

real rate of return = ?

rate of return = $(\dfrac{1+ return\ rate}{1 + inflation }-1)\times 100$

rate of return = $(\dfrac{1+ 0.1129 }{1 + 0.046 }-1)\times 100$

rate of return = $(\dfrac{1.1129}{1.046 }-1)\times 100$

= 6.39 %

the real rate of interest of 6.39 %

5 0

3 years ago

If a business is in need of working capital, one option is to use a(n) ________ that will buy the company's account receivables

vesna_86 [32]

Answer:

factoring company

Explanation:

Factoring companies purchase your company's invoices (account receivables). When they do that, your company promptly receives a cash advance, instead of waiting for the usual 60, 90 day period to receive the full payment amount. Afterward, the factoring company collects the payment from your clients.

All of that is done for a fee to the factoring company (deducted from the full payment amount) and mostly with clients with whom it is normal to have longer payment periods. Factoring is an essential way to get bigger working capital.

5 0

3 years ago

Read 2 more answers

Sue sells authentic Amish quilts on her website. Suppose Sue expects to sell 3 comma 000 quilts during the coming year. Her aver

e-lub [12.9K]

Answer:

(A) 1,200 Margin of Safety_{units}

(B) 330,000 Margin of Safety_{usd}

(C) Margin of Safety 40% of Sales

Explanation:

(A)

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$