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3 years ago

The nation with the largest percentage of publically held land is

1 answer:

6 0

The nation with the largest percentage of publicly held land is United state of America. These lands are usually set aside for different purposes such as parks, refuge camps, forests, historical places, etc.

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Staci invested $950 five years ago. Her investment paid 7.2 percent interest compounded monthly. Staci's twin sister Shelli inve

AysviL [449]

Answer:

$1,360.20 and $1,337.35

Explanation:

In this question, we have to used the Future value formula that is shown below:

Future value = Present value × (1 + rate)^number of years

For Staci, it would be

Present value = $950

Rate = 7.2% ÷ 12 months = 0.6%

Number of years = 5 year × 12 months = 60

So, the future value

= $950 × (1 + 0.6%)^60

= $950 × 1.431788412

= $1,360.20

For Shelli, it would be

Present value = $900

Rate = 8% ÷ 4 quarters = 2%

Number of years = 5 year × 4 quarters = 20

So, the future value

= $950 × (1 + 2%)^20

= $950 × 1.485947396

= $1,337.35

5 0

3 years ago

You invest $500 at 10 percent interest per annum. at the end of 2 years with simple interest you will have ____ and with compoun

frez [133]

If you invest $500 at 10 percent interest per annum. at the end of 2 years with simple interest you will have $600 and with compound interest you will have $605.

<h3>Simple interest and compound interest</h3>

We would be making use of financial calculator to find the compound interest by inputting the below data:

Present value=PV = -500 (ouflow)

Number of years=N = 2

Interest=I/Y = 10

Face value=?

Hence:

CPT FV = 605

Compound Interest = $605

Simple interest:

Simple Interest = $500+[2 x ($500x0.10)]

Simple interest=$500+(2×$50)

Simple Interest =$500+100

Simple interest =$600

Therefore If you invest $500 at 10 percent interest per annum. at the end of 2 years with simple interest you will have $600 and with compound interest you will have $605.

Learn more about Simple interest and compound interest here:brainly.com/question/20406888

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7 0

1 year ago

The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the fi

Mekhanik [1.2K]

Answer:

Cost of goods transferred out $71,061.012

Value of closing inventory = $17,540.98

Explanation:

Cost per equivalent unit = Cost /total equivalent unit

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