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
sergeinik [125]
3 years ago
10

Maria invests $8,000 in a bank account, which pays 9% annual interest, compounded yearly. What will be Maria’s account balance a

t the end of the second year?
Mathematics
1 answer:
Aleksandr [31]3 years ago
8 0
Her bank account will be at $9,440 and the end of the second year
You might be interested in
Solve for w in the proportion 32/40 = 28/w W= ?
Nana76 [90]
W= 35 this is because it is and i need 20 characters i don’t know how to explain but it is 35
8 0
3 years ago
Read 2 more answers
Are used car was purchased for 7,800 one year later it was worth 6,400 what is the percentage depreciation
sashaice [31]

Answer:

Step-by-step explanatio 16%

7 0
3 years ago
Paladin furnishings generated $4 million in sales during 2021, and its year end total assets were $3.2 million. also, at year en
ElenaW [278]

Without having to raise funds externally sales could increase by $84,507.04.

Given that $4 million sales in 2021 and in end of the year total assets are $3.2, current liabilities are $500,000, payable notes are $200,000, accounts payable is $200,000 and accrued liabilities are $100,000 and in 2022 assets must increase by $.80 for every $1.00 increase in sales.

The amount of sales increase that the company can achieve without having to raise funds externally is calculated by multiplying the current year sales with the self-supporting growth rate.

Current Year Sales = $4,000,000

Profit Margin = 3.00%

Dividend Payout Ratio = 50%

Therefore, the Retention Ratio = 50%

Total Spontaneous Liabilities is, $200,000 + $100,000=$300,000

Last Year Total Assets = $3,200,000

Therefore, the Self-supporting Growth Rate=Addition to Retained Earnings÷[Total Assets–Total Spontaneous Liabilities-Addition to Retained Earnings]

= [Last year sales×Profit Margin×(1-Dividend Payout Ratio)]÷[Total Assets-Total Spontaneous Liabilities-Addition to Retained Earnings]

= [$4,000,000×0.03×(1–0.50)]÷[$3,200,000-$300,000–{[$4,000,000×0.04×(1–0.050)}]

= $60,000÷[$3,200,000-$300,000-$60,000]

= $80,000÷$2,840,000

= 0.02112676 or 2.112676%

Therefore, the increase in sales that the company can achieve without having to raise funds externally = Last Year Sales×Self-supporting Growth Rate

= $4,000,000×2.112676%

= $84,507.04

Hence, the Increase in Sales so the company achieve without having to raise funds externally $84,507.04”

Learn about profit margin from here brainly.com/question/5193190

#SPJ4

7 0
2 years ago
A number line is numbered in tenths describe where you would plot 87.35 squared
Aloiza [94]
87.35 squared would be 7,630.02.(87.35)^2 = 7,630.02Rounded off further, it will be 7,630.On a number line numbered in tenths, 7,630.02 could be plotted on 7,630, as rounding off the number to the nearest integer, the answer will be 7,630.
7 0
3 years ago
!(URGENT)! True or False
sergeinik [125]

its false

im sure

hope it helps!

thanks!

8 0
3 years ago
Read 2 more answers
Other questions:
  • 365/12 divide it.................................pls help me
    12·1 answer
  • Thirty pounds of a salt-water solution contains fifteen percent salt. How much salt is in the water?
    7·2 answers
  • The vertices of a triangle are A(5, –4), B(7, 0), and C(1, –2). If the triangle is a right triangle, which vertex is the right a
    6·1 answer
  • I have tried doing both of these trying to skip it but there my last ones
    15·1 answer
  • What is the effect on the graph of the function f(x) = x2 when f(x) is changed to 1/5 f(x)?
    14·1 answer
  • Find tan 0, where is the angle shown. Give an exact value, not a decimal approximation. (PLZ HELP DUE SOON I GIVE BRAINLIST :D)​
    11·1 answer
  • James purchased 3 pounds of steak for $21. Which equation can be used to determine the cost, y, to purchase
    8·1 answer
  • Enlarge the rectangle.
    5·2 answers
  • • 1.Find the scale factor of a blueprint if the scale is 3 inches = 6 feet. A. 1/2 B. 1/24 C. 1/3 D. 1/72
    7·1 answer
  • I would like to know what is 4x2/3
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!