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
andrezito [222]
3 years ago
13

Given a 4 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,600, $1,800, $1,

800, and $2,100. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Business
1 answer:
Bess [88]3 years ago
4 0

Answer:

$8,348.51

Explanation:

Computation of the year 6 future value of deposits

6 years Future value = $1,600 × (1 + 0.04)^5+ $1,800 × (1 + 0.04)^4+ $1,800 × (1 + 0.04)^3+ $2,100 × (1 + 0.04)^2

6 years Future value= $1,946.64 + $2,105.75 + $2,024.76 + $2,271.36

6 years Future value= $8,348.51

Therefore the year 6 future value of deposits will be $8,348.51

You might be interested in
Music is effective at gaining a viewer's attention:a) and increases the retention of information in the ad b) and increasing the
swat32

Answer:

A. And increases the retention of information in the ad

Explanation:

Music in ad is a way of creating awareness which excite the prospective customers, it help to gain their attention and also helps to remember the information of the advert because subconsciously the music plays in their head and as it does , the information about the product keeps coming to them.

4 0
3 years ago
Read 2 more answers
Appliance maker whirlpool assigns individual teams of salespeople to big retail customers such as sears, lowe's, best buy, and h
kogti [31]
Whirlpool has most likely adopted a Customer (or market) Sales Force Structure. 
Customer (or market) Sales Force Structure  refers to a sales technique in which companies assigned a number of employees to handles all the sales specifically on a certain region and introducing company's full line of product/services to the customers in the process.
3 0
4 years ago
If your expenses are greater than your income you need to
lubasha [3.4K]
Lower your amount of expenses
4 0
4 years ago
Stacy Hanes is an African-American woman who has recently taken her first job and does not seem to like the work environment at
Anni [7]

Answer:

A. Mockery

Explanation:

Mockery -

It refers to the practice of unfair and absurd behaviour of a certain person or group of people in the society is referred to as mockery .

This is an absurd method of teasing any person , without considering about her or her thoughts and feelings .

The practice is seen in social places , company , schools , institutes etc.  

Hence , from the given scenario of the question ,

Stacy Hanes is facing the issue of mockery , as the colleagues keep of teasing her about her educational qualifications and knowledge and the capability to work in the company .

Hence ,

The correct option is A. Mockery .

5 0
3 years ago
A company wants to identify which of two production methods has the smaller completion time. One sample of workers is randomly s
Marina CMI [18]

Answer:

A. Matched Samples

Explanation:

Matched samples is a situation whereby participants are paired, sharing every other characteristics except the one under investigation. The idea behind this is to have more control over unwanted variables. In this case, the study is measuring two production methods and in order to control the unwanted variable and leave only the characteristic or variable under investigation which is the production method, the two method is carried out by the same workers each.

6 0
4 years ago
Other questions:
  • If a country suffers from inflation, changes in will reflect changes in the price level in addition to any changes in output and
    15·1 answer
  • Andrew is a 16-year-old who doesn't participate in any sports or clubs in school, and does not attend social events or have a gi
    5·1 answer
  • Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 bil
    14·2 answers
  • Drawing a judgmental sample
    13·1 answer
  • The people who work in buisness, include all managers and all workers?
    15·1 answer
  • The assets of a company total $738,000; the liabilities, $219,000. what are the net assets?
    14·1 answer
  • Nation A's real GDP increased from $100 billion to $106 billion from 2010 to 2011. Nation A's population grew from 50 million to
    9·1 answer
  • An important application of regression analysis in accounting is in the estimation of cost. Bycollecting data on volume and cost
    12·1 answer
  • Compare the job of an order-taker at a fast-food restaurant, marketing manager of the telecommunication sector, police officer,
    7·1 answer
  • The Audi A6 is a luxury sports sedan known for its muscular design and exceptional performance. The Audi brand evokes a sense of
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!