Answer:
If John Paul invests $9000 in six years' time at an interest of 3.5% per year, he would have $12695.39 in sixteen years' time
Explanation:
John Paul would receive the gift for his promotion in six years' time and would only be able to invest the amount for ten years(16 years less 6 years).
In knowing the amount he would have if invests the $9000 for 10 years at an interest rate of 3.5%, we need to use future value formula,which is given as :
Future value=PV*(1+i)^n
PV present value is the amount to be invested =$9000
i is the rate of return of 3.5%
n is the period of investmet i.e. 10 years
FV=9000*(1+0.035)^10
FV=$12695.39
Answer:
Star in BCG matrix
Explanation:
BCG matrix is a system that helps the organization to decide on product sales, investment, etc. In BCG matrix, the product is divided into four types: dog, cash cows, stars and question marks.
stars - it is the type of product that makes high market share and growth. These produced large income but also require high investment
Answer:
Present Value= $1,772.115
Explanation:
Giving the following information:
You have won the $3 million first prize in the Centennial Lottery.
However, the prize will be awarded on your 100th birthday, 78 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent.
We need to use the following formula:
PV= FV/[(1+i)^n]
PV= present value
FV= final value
PV= 3000000/(1.10^78)= $1,772.115
Based on the PPC given, the points given would represent the following:
- Point B = Efficient use of resources.
- Point X = Impossible use of resources.
- Point A = Underutilized resources.
<h3>What do points on the PPC represent/</h3>
Points on the curve represent the efficient usage of resources because they show that all available resources are being used. Points B, C, and D are therefore all efficient.
Point X is impossible because all points outside of the PPC are not attainable due to a lack of resources. Point A shows that the available resources are not being fully utilized.
Options to describe the points:
- Efficient use of resources
- Under utilized resources
- Economic growth
- Trade-off
- Opportunity cost
Find out more on the PPC at brainly.com/question/2617319.
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