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Anton [14]
4 years ago
11

Imagine Fry knew in advance that he would be frozen for 1000 years and wanted to have $9,999,999,999 when he thaws out. How much

would Fry need to deposit in his account paying 2% APR compounded quarterly before falling into the cryogenic freezer
Business
1 answer:
Over [174]4 years ago
6 0

Answer:

$21.66

Explanation:

We are to find the present value of $9,999,999,999.

The formula to be used is :

P = FV (1 + r/m) ^-mn

FV = Future value

P = Present value

R = interest rate

N = number of years

M = number of compounding

= $9,999,999,999 ( 1 + 0.02 / 4 ) ^-4000 = $21.66

I hope my answer helps you

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You expect General Motors (GM) to have a beta of 1.3 over the next year and the beta of Exxon Mobil (XOM) to be 0.9 over the nex
professor190 [17]

Answer:

d

Explanation:

Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

GM has a higher beta and thus it has a higher systemic risk

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3 0
3 years ago
__________ have an increasingly important role in top management because of their ability to think strategically, bringing with
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Answer:

The correct answer is a) Chief Marketing Officers (CMOs).

Explanation:

Chief marketing Officers determine the demand for the products and services offered by a company and its competitors, and identify potential customers. They develop pricing strategies with the objective of maximizing the benefits of the company or its participation in the market, while ensuring the satisfaction of the company's customers. They monitor product development or follow trends that indicate the need for new products and services.

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6 0
3 years ago
When opening your Roth IRA investing account , your financial advisor gives you two options.
Charra [1.4K]

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3 0
3 years ago
Macro-economiscs college level .
Thepotemich [5.8K]

Answer/Explanation:

A. Increase in import WOULD NOT lead to a decrease in national income because it would lead to increase in revenue derived from import duties.

B. A decrease in interest (leakage) WOULD lead to decrease in national income because it will increase borrowing and reduces investment.

C. A decrease in money supply (money available in an economy) WOULD NOT lead to decrease in national income because it reduces inflational rate.

D. An increase in exchange rate WOULD lead to decrease in national income because it would encourage capital flight.

E. A decrease in foreign income WOULD lead to decrease in national income because it reduces revenue earnings.

3 0
3 years ago
You want to have $5 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is
motikmotik

Answer: $18,128.27

Explanation:

Real interest rate = [( 1 + Nominal rate ) / ( 1 + inflation rate)] - 1

= [(1 + 13%) / ( 1 + 4.4%) ] - 1

= 8.2375478927203065134%

This is dealing with the future value of an annuity where $5,000,000 is that future value.

Future Value of an annuity = Amount * {[((1 + r )^n) - 1] / r}

5,000,000 = Amount * {[((1 + 8.2375478927203065134%% )^ 40) - 1] / 8.2375478927203065134%}

5,000,000 = Amount * 275.81229325572622843153903061969

Amount = 5,000,000/275.81229325572622843153903061969

= $18,128.27

7 0
2 years ago
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