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Julli [10]
3 years ago
5

Justin deposits $4,000 into an IRA account that earns an annual interest rate of 6.5%. If he makes no additional deposits, how m

uch money will he have in the account one year later?
Business
1 answer:
Liula [17]3 years ago
8 0

Answer:

The Future value at year time is $4,260

Explanation:

The future value at the end of the year one can be found by using the compounding formula which is as under:

Future Value = Present Value * (1 +r)^n

Future Value  = $4,000 * (1.065)^ 1 = $4,260

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Carly’s Clips charges for their grooming services based on the following:________.
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Answer: $256

Explanation:

Using time and materials pricing, the total price for a job requiring 3 direct labor hours and $54 of materials will be calculated as:

Materials = $54

Add: Materials markup = 30% × $54 = 0.3 × $54 = $16.2 = $16

Add: Labour = 3 × $62 = $186

Total price of job = $256

7 0
2 years ago
2. Which two of the following are most likely to be advantages of taking on a
Mariana [72]

Answer:

A).The franchisor provides a tried and tested product to sell

C ). The franchisee receives ongoing help and support from the franchisor

Explanation:

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The franchisor provides technical, operational,  and managerial support to the franchisee. The franchisee pays an initial fee and a percentage of monthly sales to the franchisor to open a franchise business.

3 0
3 years ago
Communism promotes the idea that equality in society comes from having political and economic fairness among citizens
yKpoI14uk [10]
True seems about right
5 0
3 years ago
In preparation for developing its statement of cash flows for the year ended December 31, 2016, Millennium Solutions, Inc., coll
-Dominant- [34]

Answer:

$7 million

Explanation:

Investing activities: it monitors the operations that include buying and selling long-term assets. The buying is a cash outflow, while the selling is a cash inflow

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Cash flow from Investing activities  

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3 years ago
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