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castortr0y [4]
3 years ago
9

When your father was born 46 years ago, his grandparents deposited $450 in an account for him. Today, that account is worth $25,

000. What was the annual rate of return on this account
Business
1 answer:
Agata [3.3K]3 years ago
5 0

Answer:

9.1%

Explanation:

To calculate the annual rate of return on this account you can use the following formula:

r = ( FV / PV )^1/n - 1, where

r= rate of return

FV= future value= 25,000

PV= present value= 450

n= number of periods of time= 46

r=(25,000/450)^(1/46)-1

r=55.56^0.0217-1

r=1.091-1

r=0.091 → 9.1%

According to this, the annual rate of return on this account was 9.1%.

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Answer:

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Explanation:

answer my newest question and i'll give it to you <3

5 0
2 years ago
QUESTION 1 The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value
yawa3891 [41]

Answer:

Option d (economy of the country) is the appropriate answer.

Explanation:

  • Along with many other things, the economy of such a given country is regulated by its society, rules, history, as well as geography, and then it develops out of requirement.
  • This example better shows the operational effects of the country's economy although inflation continues threatening the position due to certain external causes and leading to a decrease in present value.

Some other options offered aren't relevant to the situation described. For the aforementioned to be the right answer.

5 0
3 years ago
Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current
Arisa [49]

Answer:

a. $293,000

b. $203,000

Explanation:

a. What is Robert's qualified business income?

Robert's qualified business income is the net income minus Robert's salary. Since the salary of $87,900 has already been deducted, $293,000 is Robert's qualified business income.

b. What is Robert's qualified business income if you determined that reasonable compensation for someone with Robert's experience and responsibilities is $177,900?

Extra deductible salary = $177,900 - $87,900 = $90,000

New Robert's qualified business income = $293,000 - $90,000 = $203,000

3 0
3 years ago
Manufacturers use wholesalers and retailers becauseA. they have no other choice.B. they do not cost much.C. they create value fo
KiRa [710]

Answer:  Option C

Explanation: Manufacturers refers to the entity producing a good while wholesaler are the second in supply chain who procures the product from manufacturer in bulk.

The retailer is the entity that deals with the final consumer in the market. The retailer creates value to the customer by making the product available in small distance, and in timely manner.

Thus, the retailer is sued by manufacturer and wholesaler as they create value to the customer.

4 0
3 years ago
After getting her degree in Economics, Jeanine went to work for the Bureau of Labor Statistics. She compiles data on the unemplo
DaniilM [7]

Answer:

The correct answer is letter "D": How well the economy is doing at a macro level.

Explanation:

The U.S. Bureau of Labor Statistics (BLS) is an agency in charge of gathering ad analyzing data regarding the labor market and productivity. In such a way, it provides useful output about unemployment and employment in different sectors of an overall economy. If the economy is underperforming, the unemployment rate will be higher but, it the economy is healthy and prosperous the unemployment rate should be lower than the employment rate.

Therefore, <em>by taking a look at the unemployment rate given by the BLS, Jeanine can have an idea of how well the U.S. economy is performing at a macro level.</em>

6 0
3 years ago
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