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
Step2247 [10]
4 years ago
14

David Spear invested $14,000 today in a fund that earns 10% compounded annually. Click here to view factor tables To what amount

will the investment grow in 4 years? To what amount would the investment grow in 4 years if the fund earns 10% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) Investment at 10% annual interest $enter a dollar amount rounded to 0 decimal places Investment at 10% annual interest, compounded semiannually $enter a dollar amount rounded to 0 decimal places eTextbook and Media
Business
1 answer:
docker41 [41]4 years ago
8 0

Answer:

The investment will grow to $20,497 in four years if interest is compounded annually.

On other hand, the investment will grow to $20,684 if interest is compounded at 10% semi-annually

Explanation:

Using compound interest formula below the,the total investment after four years:

A=P(1+r/n)^nt

A=Future value

P=Principal amount invested

n=number of time interest is paid per time period

t=number of time period

First question:

P=$14000

r=10%

n=4 years

t=1 period

A=$14000*(1+0.1)^4

A=$20497.4

Second question

P=$14000

r=10%

n=4years

t=2 times

A=$14000*(1+0.1/2)^4*2

A=$20684.38

In short , the investment grows better if the interest is compounded at 10% semi-annually.

You might be interested in
The following is an example of what type of group norm?
SCORPION-xisa [38]

Answer:

Procedural Group Norm.

Explanation:

The group norms are a set of guidelines that enables the group work according to them. These norms enables a group to work in a systemmaized manner and order.

The procedural group norms are those groups that follows the procedure of functioning. The procedural norms suggests that how a task will be carried out and what to do the next. This group consists of several procedural roles such as facilitator, recorder, etc.

The stated type of group exemplifies the 'procedural group norms.' As the guidelines are set for the group to first complete their individual tasks and then help other's who have not done their tasks.

So, the correct answer is the second option.

8 0
3 years ago
What are dividends?
sergeinik [125]
C. Distribution of a small percentage of profits to shareholders.
4 0
3 years ago
"Many forms of online communication, such as e-mails, tweets, and the content of Web pages, requires short-form, concise writing
STatiana [176]

Explanation:

The advertising strategy before the internet was carried out on platforms such as radio, television and newspapers, which were the media that people most had access to. Currently, the internet is the main platform for advertising and interaction between companies and consumers. This is due to the ease and speed with which the flow of the internet happens, the messages are seen almost instantly and available in the palm of the hand, available from a smarthphone.

However, despite the ease of implementing marketing through social media, it is necessary for companies to adopt an advertising engagement strategy, the narrative must be summarized and contain essential traits that convey who the company is and what it wants to pass on to consumers , generating value and direct communication, making the message different and striking in a medium where there is different information every second.

4 0
3 years ago
What are organizations that are in the business of benefiting society and operate like a business called
Rudik [331]

Answer:

Nonprofit organisation

Explanation:

A nonprofit organisation is also known as nonbusiness entity is dedicated to promoting a social cause by taking surplus in the society to further a particular objective. Nonprofit organisations are usually exempt from tax for the contributions they receive.

There are not accountable to shareholders but rather to donors, volunteers, program recipients, and the community at large.

4 0
3 years ago
HELP PLEASE HURRY!!!! Is it fair to restrict people's ability to work based on their age? Why or why not? Justify your answer.
7nadin3 [17]
Yes, it is fair. Younger people (Below 18) need to focus more on school. Work can take their attention off of school. And without school they wont be able to get a better job. Plus younger people can only work part time due to child labor. Most workers below 18 also have parents  that's job is to feed and care for them, which means they do not even need to work until they are over 18. most people that work under the age of 18 is just for the fact of having money, not because they need it to live.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Who is the president of malaysia
    10·2 answers
  • Write 15 sentences paragraph on yur favorite book​,film or documentary
    6·2 answers
  • Suppose that an investor with a 5-year investment horizon is considering purchasing a 7-year 9% coupon bond selling at par. The
    6·1 answer
  • The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Debits Credit
    5·1 answer
  • okay y'all so I'm just starting a business I make lollipops and I've been just doing this since this summer and I got everything
    9·2 answers
  • The interest rate is 15.5 percent a year in Indonesia and 1.7 percent in a year in Hong Kong. The inflation rate is 12.6 percent
    11·1 answer
  • STEVE
    6·2 answers
  • Golden Arch Company uses the periodic inventory system. It has compiled the following information in order to prepare the financ
    9·1 answer
  • Bank a has total deposits of $125 million and total reserves of $26 million. the required reserve ratio is 15 percent. the bank
    10·1 answer
  • Tight monetary policy theory dictates that when the economy is faced with inflation, the government should:______
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!