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Vesna [10]
4 years ago
6

If you deposit $86,601 in an account that earns 4% per year, compounded annually. What would be the balance in the account at th

e end of 32 years?
Business
1 answer:
masya89 [10]4 years ago
7 0

Answer:

$303,801.3955

Explanation:

The formula for calculating the total amount at the end of 32 years using the compounding interest is mentioned as follows:

Future value=P(1+i)^n

Where in given question

Future value=?

P=amount deposited today=$86,601

Interest rate=4%

n=number of years involved=32

Future value=86,601(1+4%)^32=$303,801.3955

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Which of the following statements is true​?
stich3 [128]

Answer:

The correct answer is option C.

Explanation:

A monopolistic competitive firm has a downward sloping demand curve. Such a firm is a price maker. It decides price and output through the interaction of the marginal revenue and marginal cost.

The marginal revenue is the change in revenue because of selling an additional output. At high prices, the marginal revenue will be positive while at low prices it will be negative.

4 0
4 years ago
Scenario: Fiscal Policy Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no tax
nika2105 [10]

Answer:

less than the government spending multiplier

Explanation:

Given :

Percentage spends  by a households for the increase in the income = 75%

So the mpc = 0.75

Potential output = 600 billion arcs

The government multiplier is = $\frac{1}{1-0.75}$

                                                $=\frac{1}{0.25}$

                                                = 4

The tax multiplier is = $\frac{c}{1-c}$

                                 $=\frac{0.75}{0.25}$

                                 = 3

Thus we see that the tax multiplier is less than the government spending multiplier.

7 0
3 years ago
A company plans on selling 500 units. The selling price per unit is $10. There are 60 units in beginning inventory, and the comp
BaLLatris [955]

Answer:

Units to be produced will be 540

So option (a) will be the correct answer

Explanation:

We have given number of units sold = 500 units

Beginning inventory is given = 60 units

And ending Inventory= 100 units

We have to find units to be produced

Units to be produced is given by

Units to be Produced= Ending Inventory + Units to be Sold - Beginning Inventory = 500 + 100 - 60 = 540 units

So 540 units are produced

So option (a) will be the correct answer

5 0
3 years ago
Ramon did not have health insurance in 2019, how does that affect his return? A. He must pay a $695 shared responsibility paymen
Sever21 [200]

Answer:

<em><u>The answer is</u></em>: <u>B. It has no effect on his Form 1040. The "Full-year health care coverage or exempt" box is eliminated from Form 1040 because the shared responsibility payment is reduced to zero for tax year 2019.</u>

Explanation:

<u>Health insurance coverage is no longer mandatory at the federal level, as of January 1, 2019,</u> so the shared responsibility payment is reduced to zero for the 2019 fiscal year.

So it has no effect on your 1040 form, because the entire year of health care coverage or the exempt box is removed from the 1040 form.

<em><u>The answer is</u></em>: <u>B. It has no effect on his Form 1040. The "Full-year health care coverage or exempt" box is eliminated from Form 1040 because the shared responsibility payment is reduced to zero for tax year 2019.</u>

4 0
3 years ago
Discuss 2 of the 10 Marketing trends that I went over. Answer the following questions: 1. What is the trend? 2. How does it impa
tester [92]

Explanation:

The 2 of the market trend which I am going to discuss is that.

1. Customer experience: Nowadays you need not go to customer, convince and make them to buy the product. Nowadays, people get huge information online and then they shop. So given customer experience is vital to be on road

2. Live platform: People's interest has been changed from time to time. Now its all the live platform where the people spend lot of time over the recorded video.

Answers for the questions asked:

1. The thing which people likes the most at present and it keeps changing.

2. A product will be sold, only if the people mass likes it.

3. Trend cannot be eliminated. It keeps changing.

4. Do things which are trendy.

7 0
4 years ago
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