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
PSYCHO15rus [73]
3 years ago
11

Investment A pays 8 percent simple interest for 10 years. Investment B pays 7.75 percent compound interest for 10 years. Both re

quire an initial $10,000 investment. The future value of A minus the future value of B is equal to ________ (to the nearest penny).
Business
1 answer:
Dafna11 [192]3 years ago
4 0

Answer:

$3.344,67

Explanation:

Investment A( Simple interest) =  Cf= Ci x(1+(ixn)) = $10.000 x(1+0,0775*10)=

$17.750

Investment B (Compound interest)= Cf= Ci x(1+i)^n = $10.000 (1+0,0775)^10=

$ 21.094,67

A - B = $17.750 - 21.094,67 =  - $3.344,67

You might be interested in
There is an upside to linking the s&op process with supply chain partners. for one thing, __________ can help firms do a bet
Tcecarenko [31]
I am not sure I will notify you when I know
7 0
3 years ago
I'm selling candy and need tips.
krok68 [10]
I would love to help you! I will talk to you in a PM. Talk to you then : )
4 0
3 years ago
An organization that creates many products with similar characteristics, using assembly lines would most likely be categorized a
Kisachek [45]

Answer:

Continuous manufacturing organisation

Explanation:

Continuous production uses a production plant to manufacture a product continuously. It is also called continuous flow.

This is so called because the materials inputted in the production process is in continuous motion as it moves through the production line.

The products tend to be similar or standardised with no distinguishing features. For example cement, fertiliser, and sugar

6 0
2 years ago
A company borrowed $15,000 by signing a 120-day promissory note at 10%. The total interest due on the maturity date is: (Use 360
topjm [15]

Answer: $500

Explanation:

Interest for the period = Amount borrowed * Interest rate * 120/360 days

= 15,000 * 10% * 120/360

= $500

7 0
3 years ago
Initial margin requirements are determined by:________
Goryan [66]

Answer:

b. the Federal Reserve System.

Explanation:

Initial margin refers to the deposit made by an investor with a broker, in order to open a margin account. The purpose of initial margin is security and collateral to ensure enough availability of cash in the trading account of the investor.

For instance an investor wants to purchase 4000 shares priced at 15$. In this case, he is supposed to deposit 50% of $60,000 i.e $30,000. The remaining $30,000 is contributed by the brokerage firm, regarded as borrowings on which the investor pays interest.

The initial margin limit is fixed by the Federal Reserve System.

3 0
3 years ago
Other questions:
  • A manager who is brought in from outside the organization to help complete a specific task
    12·1 answer
  • The equation 4 + 4 = 8 would be considered a scientific _____. theory
    8·1 answer
  • On January 1, 2021, G Corporation agreed to grant all its employees two weeks paid vacation each year, with the stipulation that
    11·1 answer
  • Suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon. Com
    6·1 answer
  • Samantha's rating in a job interview is high in contrast to the candidate who was interviewed directly before her, who was rated
    14·1 answer
  • Is sand and salt mixture homogeneous or heterogeneous?
    8·1 answer
  • Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream
    10·1 answer
  • Farmer's Fine Furnishings manufactures upscale custom furniture. Farmer's currently uses a plantwide overhead rate based on dire
    14·1 answer
  • he adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Accounts Debit Credit Cash $ 11,000 Ac
    7·1 answer
  • Can any one start a conversation for 25tps
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!