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Alja [10]
3 years ago
9

Assume that you invest $550 in a certificate of deposit that has an annual interest rate of 4.5 percent. According to the rule o

f 72, what will your investment be worth after 16 years
Business
1 answer:
RoseWind [281]3 years ago
5 0

Answer:

$1,100

Explanation:

Calculation for what will the investment be worth after 16 years

Rule of 72 is the rule or methods which help in estimating an investment's doubling time.

Therefore According to the rule of 72 what we are going to do is to double the amount of money invested in the Certificate of deposit which was $550

Hence,

Since $550 was invested at an annual interest rate of 4.5%. Thus the rule of 72 tells us that the money will double every 16 years,

Approximately:

Years Balance

Now $550

16 $1,100

( The amount of $550 doubles every  16 years)

Therefore what the investment be worth after 16 years will be $1,100

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The multiplier applies to Group of answer choices investment, net exports, and government spending. increases in spending but no
olga2289 [7]

The multiplier applies to the investment, net exports and government spending.

<h3>What is a multiplier?</h3>

This refers to an economic factor that of increased, it can causes an increases in many other related economic variables.

Hence, in economics, its applies to the investment, net exports and government spending.

Therefore, the Option A is correct.

Read more about multiplier

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3 0
2 years ago
Abigail (Abby) Boxer, age 38, is a single mother (birthdate April 28, 1982) working as a civilian accountant for the U.S. Army.
DochEvi [55]

Answer:

Step 1 of 4

Aby is a single mother with a dependent child. She files Form 1040A. The form is attached herewith.Some of the highlights are given below:

• Gross Income is calculated as follows.

• Adjusted gross income is same as gross income as there are no deductions for AGI. So, adjusted gross income is $42,730 (line 21).

• Standard deduction under Head of Households is $8,700 (line 24).

• She claims one personal and one dependent exemption. So, her total exemptions are (line 26).

7 0
3 years ago
Net Present Value Method
arsen [322]

Answer:

year               net cash flow

0                     -$150,000

1                        $80,000

2                       $65,000

3                       $50,000

4                       $40,000

A) NPV = -$150,000 + ($80,000 x .87) + ($65,000 x .756) + ($50,000 x .658) + ($40,000 x .572) = -$150,000 + $69,600 + $49,140 + $32,900 + $22,880 = -$150,000 + $174,520 = $24,520

B) Yes , because the net present value indicates that the return on the proposal is greater than the minimum desired rate of return of 15%. Since the NPV is positive ($24,520), it means that the cash inflows are higher than the cash outflows when we use a 15% discount rate.

4 0
3 years ago
Blanche, a minor, enters into a contract to buy two all-season passes from Chalet Mountain Resort. The contract will be made enf
WARRIOR [948]

Answer:

ratifies it

Explanation:

7 0
3 years ago
What do you understand by the term social structure? Explain social roles in the context of social structure and quote real life
Alex73 [517]

Answer:

Social structure is the arrangement in the society where people live and interact together in the society.

Explanation:

Social structure in humanism is considered to be the specific and stable plan of the organizations where the people in general public collaborates and lives respectively. The social structure is often treated together with the very idea of the social change that tries to manage the powers of the people which changes the social structure as well as the association of the society.

Social structure helps the individuals to sort out their current circumstances and it limits which characterize the insiders and the outcasts. Social structure restricts certain alternatives and spots us in the discretionary classes that is not based on the personal preferences.

Karl Marx once stated how the monetary creation is coordinated by central main part of the general public.

7 0
3 years ago
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