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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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In Chapter 7 bankruptcy, liquidation, A. all the debtors' debts are discharged. B. the debtor keeps their assets. C. the trustee
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8 0
3 years ago
During January, the solar cell factory begins 57,000 solar cells, and completes 53,000 of them. The remaining 4,000 solar cells
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Answer:

"2000 units" is the right solution.

Explanation:

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3 years ago
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                                                              SHARP SCREEN FILMS, INC.    

                                                                Statement of Cash Flows    

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Adjustments to reconcile net income to net cash provided by operating activities:          

Depreciation expense                                 13650        

Decrease in accounts receivable                  7200        

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Decrease in accounts payable               -10200        

Decrease in wages payable                            -400            5400      

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Net cash provided by operating activities          

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Cash payments to purchase fixed assets -58950        

Net cash used in investing activities                              -58950      

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Cash payments on long-term note          -10900        

Cash payments for dividends                 -13950        

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