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Galina-37 [17]
3 years ago
5

Kari would like to save $10,000 for a down payment on a house.Illustrate the difference in years it will take her to double her

current $5,000 savings based on a 6%, 12% and 18% interest rate.
Business
1 answer:
lord [1]3 years ago
8 0

Answer:

This question requires us to tell the time in which investment of $ 5000 will double based on a 6%, 12% and 18% interest rate. Time period (n) based on a 6%, 12% and 18% interest rate is calculated below.

(FV =PV (1+i)^n)

6%

10,000 = 5,000 (1.06)^n

Log 2 = n log 1.06

n = 11.9 years

12%

10,000 = 5,000 (1.12)^n

Log 2 = n log 1.12

n = 6.1 years

18%

10,000 = 5,000 (1.12)^n

Log 2 = n log 1.18

n = 4.2 years

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The two major characteristics that differentiate mobile computing from other forms of computing are _________ and _________.
Bond [772]

Answer:

broad reach and mobility

Explanation:

Mobile computing refers to all types of devices that allow access to information regardless of the individuals' location. Laptops, smartphones, tablets, handle gaming devices, and wearable devices are part of mobile computing.  

8 0
2 years ago
Suppose you will receive $500 in one year and the risk-free interest rate (rf) is 5%. The equivalent value today is closest to:
scoundrel [369]

Answer:

$525

Explanation:

Calculation for The equivalent value today

Equivalent value=$500 × (1+.05)

Equivalent value=$500 × (1.05)

Equivalent value= $525

Therefore The equivalent value today is closest to:$525

6 0
3 years ago
Barney extends his lunch break beyond the allotted time. Wilma uses the office telephone for unauthorized personal phone calls.
kaheart [24]

Answer:

Th answer is true

Explanation:

Unethical behavior is doing what is not doing the right thing at the workplace.

5 0
4 years ago
Read 2 more answers
Which of the following companies has the lowest degree of leverage?
LiRa [457]

The firm with a 20% Debt and 80% Equity has the lowest degree of leverage.

<h3>What is a degree of leverage?</h3>

This means  how much a firm operating income changes in response to a change in sales.

Because the Firm C has a low debt, this means its has the lowest degree of leverage when compared to others.

Therefore, the Option C is correct.

Missing options "90% Debt, 10% Equity

30% Debt, 70% Equity

20% Debt, 80% Equity

50% Debt, 50% Equity"

Read more about degree of leverage

<em>brainly.in/question/8720374</em>

#SPJ1

4 0
3 years ago
Why is it valuable for entrepreneurs to understand political and regulatory factors? select all that apply.
SVEN [57.7K]

Understanding political and regulatory considerations is important for entrepreneurs because we want to know how the laws affect the firms that we are in or that we may start.

<h3>Why is it important for business owners to comprehend political and regulatory factors?</h3>

We are interested in learning how the laws affect the businesses that we are in or may start. We also want to consider the government as a consumer and potential growth areas. We also wish to raise awareness of these factors and changes in politics and regulation.

<h3>Does politics have a role in fostering entrepreneurship?</h3>

In a certain geographic area, entrepreneurial development is greatly influenced by political issues. This is due to the fact that politicians determine the kind of market that is present. The market may be capitalistic, communist, or a mixed economy in various nations.

<h3>Why is a stable political environment crucial for business?</h3>

The foundation of a country's commercial climate is its political environment. Businesses would be positively influenced by stable and improved government policies, and vice versa. Changes in policy are frequently brought about by changes in government.

Learn more about political and regulatory factors: brainly.com/question/28900810

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4 0
1 year ago
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