When u.s. soldiers returned home from world war ii, they influenced the marketing of products by _______

It takes 11.553 years for an initial investment to double at an annual force of interest δ. How long will it take for an initial

Triss [41]

Answer:

It will take 18.041 years to triple the investment.

Explanation:

$(1+\delta )^{11.553} =2 \\$

We need to solve for delta:

$\delta = \sqrt[11.5530]{2} -1$

delta = 0.06183353

now solve for this rate compounding twice per year to triple the investment:

$(1+0.06183353/2 )^{n*2} =3 \\$

we use logarithmics properties and solve for n:

[tex]2 \times n= \frac{log3}{log(1+06183353/2)

n = 18.04051743

It will take 18.041 years to triple the investment.

3 0

4 years ago

Brooklyn has been contributing to a traditional IRA for seven years (all deductible contributions) and has a total of $30,000 in

Zolol [24]

Answer: $13,200

Explanation:

Given that,

Contributing to a traditional IRA = 7 years

Total in account = $30,000

Withdrawal from IRA to help pay for the car = $20,000

marginal tax bracket = 24 percent

Therefore,

After tax withdrawal:

= Withdraws - 10% penalty as per IRS for early withdrawal - 24% tax on $20,000

= $20,000 - 0.1 × 20,000 - 0.24 × 20,000

= $20,000 - 2,000 - 4,800

= $13,200

6 0

3 years ago

Read 2 more answers

There are some 200 economic integration agreements around the world today, far more than a few years ago.NAFTA, EU, Asean etc. V

kicyunya [14]

Answer:

Economic integration agreement is when countries within a particular geographical area decide to remove or relax tariff or non-tariff barriers to trade between themselves and also to coordinate and harmonize their fiscal and economic policies. Free trade area is the simplest form of an economic integration; it is when governments of member countries agree to remove trade restriction between each other and when member countries are given the freedom to determine their own external trade policies towards non-members.

Supporters of free trade area argue that it is beneficial to the country based on the trade creation argument. Trade creation is where high-cost domestic production is replaced by more efficiently produced imports from within the group; that is, more expensive domestic products are replaced by lower priced imports from countries within the group. The trade creation argument is hinged on the fact that a free trade area ensures that trade is generated over and above what would otherwise have happened if there was no integration. Further, the removal of tariffs allows members to specialize in those products for which they have a comparative advantage leading to a variety of cheap imports for domestic consumers, thereby increasing living standards or welfare gains. Trade creation also creates an incentive for high cost domestic producers to cut cost so as to remain competitive thereby enhancing efficiency.

On the other hand, a free trade area is criticized on the basis of trade diversion. This is where trade with a low-cost country outside the group is influenced by higher–cost products supplied from within the group; this results in a less efficient allocation of resources as trade from outside the group is replaced by trade from within the group. Trade diversion could mean that local consumers would have to buy products at less competitive prices. Another argument would be that a free trade area would lead to a removal of tariff between member countries thereby resulting in a cessation of government revenue from tariffs. As opposed to a free trade area, free trade would increase world output and employment, raise quality and lower prices of goods as firms have access to factor inputs; it will also increase world living standards or enhances welfare gains. A free trade agreement only restricts these potential advantages to a particular geographical space.

Explanation:

8 0

3 years ago

Upon graduating from UCI, you start a job in finance earning $72,000 per year and decide to buy a home. You can afford to pay no

vovikov84 [41]

Answer:

Maximum size of home loan than can afford is $209,471

Explanation:

Rate of interest on borrowing = 4%

Per month rate (r) = 4% / 12 = 0.33%

n = 30*12 = 360 months

Maximum size of home loan than can afford =

= $1000 * PVAF (0.33% , 360)

= $1000 * 209.47135

= $209471.35

= $209,471

Maximum size of home loan than can afford = $209471

Note: Monthly payment * PVAF( r, n)

PVAF at (0.33% , 360)

PVAF = 209.47135

6 0

4 years ago

Hylands is admitted to the partnership of Reddick & Nole. Prior to her admission, the partnership books show Reddick's capit

tatuchka [14]

Answer:

1a. Hylands capital $90,000 and Reddick capital $180,000

1b. Hylands capital $90,000, Reddick capital $180,000 and Nole capital $90,000

1c. Hylands capital $101,250, Reddick capital $196,875 and Nole capital $106,875

2a. Debit Nole, capital $90,000

Credit Hylands, capital $90,000

2b. Debit Cash $90,000

Credit Hylands, capital $90,000

2c. Debit cash $135,000

Credit Hylands, capital $101,250

Credit Reddick, capital $16,875

Credit Nole, capital $16,875

Explanation:

1a and 2a. The transaction between Hylands and Nole is a sale on Nole's capital to Hylands at $100,000. Thus, the effect of this on partnership's book is the transfer of partner's capital from Nole to Hylands. The entry of transfer is to debit Nole's capital and credit Hylands capital in the amount of $90,000. Hylands pays Nole a greater amount than the capital he receives in the partnership. Partners capital after the transaction is Reddick $180,000 same amount before the acquisition and Hylands capital is $90,000, the total capital of Nole before the transaction.

1b and 2b. First, let's compute if the acquisition is at bonus

Total contribution $270,000 + $90,000 = $360,000

$360,000 x 25% = $90,000 (interest)

Therefore, $90,000 contributed capital by Hylands compared to $90,000 interest is the same so there is no bonus.

In this purchase of interest, the total contribution of partners is $360,000 ($270,000 old contribution plus $90,000 investment of Hylands). The capital each partners is; Hylands $90,000, Reddick $180,000 and Nole $90,000. To record the transaction, we have to debit the cash received by the partnership in the amount of $90,000 and credit Hylands' capital in the amount of $90,000.

1c and 2c. First, let's compute if the acquisition is at bonus.

New capital contribution $135,000 + 90,000 + 180,000 = $405,000

$405,000 x 25% = $101,250

Therefore, $135,000 contributed capital by Hylands compared to $101,250 interest acquired, there is difference of $33,750 served as bonus. Hylands pays greater amount than the interest acquires, therefore there is bonusto od partners divided equally by Nole and Reddick.

$135,000 - $101,250 = $33,750 / 2 = $16,875 (bonus to Nole and Reddick each)

In this purchase of interest, the total contribution of partners is $405,000 ($270,000 old contribution plus $135,000 investment of Hylands). The capital each partners is; Hylands $101,250, Reddick $196,875 ($180,000 + $16,875) and Nole $106,875 ($90,000 + $16,875). To record the transaction, we have to debit the cash received by the partnership in the amount of $135,000 and credit Hylands' capital in the amount of $101,250, Credit Nole capital $16,875 to recognize the bonus and another credit to Reddick capital in the amount of $16,875.

7 0

4 years ago

When u.s. soldiers returned home from world war ii, they influenced the marketing of products by ________?