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Degger [83]
3 years ago
9

Use the compound interest formula to determine the accumulated balance after the stated period. ​$60006000 invested at an APR of

66​% for 33 years. If interest is compounded​ annually, what is the amount of money after 33 ​years?
Business
1 answer:
My name is Ann [436]3 years ago
3 0

Answer:

The final value of the investment after 3 years is $7,146.10

Explanation:

Giving the following information:

Investment= $6,000

Interest rate= 6​% compounded annually

The number of years= 3 years.

To calculate the final value, we need to use the following formula:

FV= PV*(1+i)^n

FV= 6,000*(1.06^3)

FV= $7,146.10

The final value of the investment after 3 years is $7,146.10

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Answer:

b. $1.82m

Explanation:

Capital Intensity ratio = Total aasets / sales

1.5 = Total Assets / 9m

Total Assets = 9m x 1.5 = 13.5

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27% = Total Income / (13.5 x 50%)

27% = Total Income / 6.75

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The correct option is b. $1.82m.

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Total caloric restriction over 6 moths:

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------------------------------------

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2 years ago
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at t
Maksim231197 [3]

Answer:

FV= $1,181.62

Explanation:

Giving the following information:

Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?

We need to use the following formula:

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