Answer:
The correct answer is C: $4300
Explanation:
Giving the following information:
They will invest an equal amount each month for 5 years.
This account will earn 6% per year(0.5% per month)and will have $300,000 at the end of the 5-year term
We need to use the following formula:
final value= {A[(1+i)^n-1]}/r
A= cuota
i= monthly interest
n= 60 months
Isolating A:
A= (FV*i)/[(1+i)^n-1]
A= (300000*0.005)/[(1.005^60)-1]
A= 1500/0.34885= 4300
They must have good communication manners and be polite
Answer:
yes, it is true
Explanation:
the expected value of game 1 = ($30 x 0.5) + (-$1 x 0.5) = $15 - $0.50 = $14.50
- since the expected value of game 1 is very high compared to the risk of losing, then most of us would probably want to play that game.
the expected value of game 2 = ($2,000 x 0.5) + (-$19,000 x 0.5) = $1,000 - $9,500 = -$8,500
- on the contrary, since the expected value of game 2 is negative and the risk of losing a large amount is very high, very few people will be willing to play game 2 without being paid to do so.
Answer:
the funds available for business growth, after expenses and salaries are paid.
Explanation:
Mainly profit is the earnings that calculated after paying all the types of expenses and it could be used for growing the business
So according to the given options the second one is correct as it represent that the profit is the fund that available for the growth of the business after pay off all the expenses
So the same is to be relevant
