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Anton [14]
3 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]3 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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Answer:

business plan

Explanation:

A<u> business plan</u> is a written document that details the business idea, the target market and the business's competitive advantage, financial resources available for the business, and the qualification of the management.

7 0
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Who thinks that Brainly Inc. removing private message and profile comment features is a bad PR decision?
Dennis_Churaev [7]

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What would be the return on total assets of a firm if net income is $50,000, total sales are $100,000, and total assets are $175
lesantik [10]

Answer: 28.6%

Explanation:

The return on the total asset of a firm will be calculated as the net income divided by the total asset and this will be:

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Therefore, return on total asset is 28.6%

7 0
3 years ago
Suppose that in a month the price of movie rentals decreases from​ $3.25 to​ $3. At the same​ time, the quantity of movie rental
Sergeeva-Olga [200]

Answer:

The correct answer is option a.

Explanation:

The initial price of movie rentals is $3.25.

The initial quantity is 100.

The price falls to $3.

This causes demand to rise to 120.

The price elasticity of demand a ratio of change in quantity demanded to change in price level.

The elasticity is calculated at -2.25, through the process given in images.

The price elasticity of demand here is greater than 1 which means it is elastic.

So, option a is the correct answer.

4 0
3 years ago
What is an advantage of radio advertising? It offers an excellent combination of reach and frequency. It is free from the proble
vovikov84 [41]

Answer:

It offers an excellent combination of reach and frequency

Explanation:

The question basically seeks to extract the advantage of radio advertising in contemporary time. It must be noted that there are varying forms of advertisements, with one edging the other by one feature or the other.

The feature that ultimately stands radio advertising is the ubiquitous nature of its distribution. Simply put, it offers an excellent combination of reach and frequency. The implication of this is that the messages and information being passed out from this medium commands a far reach, attention and feedback from the larger audience.

While other listed options could be relevant, it must be stated that option A is the feature that categorically set radio advertisements apart from others.

6 0
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