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Andreas93 [3]
3 years ago
14

JG Asset Services is recommending that you invest $1,275 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compou

nded annually. How much will you have when the CD matures
Business
1 answer:
ArbitrLikvidat [17]3 years ago
5 0

Answer:

The amount that will be received when CD matures is $1514.30

Explanation:

To calculate the amount that will be received at the maturity of the CD, we simply need to calculate the future value of the invested amount using annual compounding. The formula for the future value that we will use is,

Future value = Present value * (1+r)^t

Where,

  • r is the rate of interest
  • t is the time in years

Future value = 1275 * (1+0.035)^5

Future value = $1514.30

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Agile project management is an approach to _______________product development time while _____________ risk through continuous i
grigory [225]

Answer:

Reduce, Minimizing

Explanation:

As per the given scenario Agile product, management wants to reduce the time for making the product on the other hand Agile minimizing the risk by making interaction from the customers and self-organizing team by taking care of quality, price, quantity, etc.

Since the company wants to reduce its product development time with the motive to produce more and more products in lesser time so that it delivers the product to the customer within the prescribed time.

7 0
3 years ago
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product I49V
german

Answer:The break-even point for the entire company is closest to $69,625

Explanation:

Contribution margin =Sales-Variable costs

For   Product I49V

Contribution margin=$45,000 - 13,300=$31,700

Product  Z50U

Contribution margin=$50,000 - $28,500 =$21,500

Total Contribution margin of the two products =$31,700+$21,500=$53,200

Total sales of the two products =$45,000 + $50,000  =$95,000

Total Contribution margin ratio  =Total   Contribution margin / Total Sales

=$53,200 /$95,000 = 0.56

Therefore  total breakeven point=Fixed costs/Contribution margin ratio

=$38,990/0.56

=$69,625

7 0
3 years ago
Joe Jackson operates a sole proprietorship, but he is in poor health and may be unable to continue running the business. If Joe
Marrrta [24]

Answer:

The business cease to exists unless sold or taken over by Joe's heirs.

Explanation:

Sole proprietorship is a term that describes the business enterprise which is owned or run by just one person known as the sole trader. In other words, sole proprietorship is a one man's business.

One of the major drawbacks of this kind of business is the fact that when a sole proprietor is sick or incapacitated, his/her business would suffer or cease to exist unless he/she sells it or allows family members (heirs) to take over its management or ownership.

8 0
3 years ago
Green Care Landscaping Company minimizes attention to a price increase by selling lawn care treatments to a subsidiary, Keep It
Len [333]

Answer:

The correct answer is B. indirect blindness.

Explanation:

Blindness is lack of vision. It can also refer to vision loss that cannot be corrected with conventional lenses or with contact lenses.

Partial blindness means that you have very limited vision.

Complete blindness means that you cannot see anything and DO NOT see the light. (Most people who use the term "blindness" mean complete blindness.)

People with less than 20/200 vision with glasses or contact lenses are considered legally blind in most states in the United States.

Vision loss refers to partial or complete loss of vision. Such loss of vision can happen suddenly or over time.

4 0
3 years ago
Basically, competition in a free market system tends to have what effect on prices?
zheka24 [161]
Basically, competition in a free market system tends to <span>Help approach price equilibrium.

The competition in a free market system is fileld with response battle between supply and demand.(When supply is incresed, demand is decreased and vice versa). This constant pulling will eventually make the price fall to the equilibrium price, where both producer and customer feel the most comfort regarding the price.
</span>
7 0
3 years ago
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