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
olganol [36]
3 years ago
10

Mark Johnson invests a fixed percentage of his salary at the end of each year. This year he invested $1500 For the next 5 years,

he expects his salary to increase 8% annually, and he plans to increase his savings at the same rate. How much will the investments be worth at the end of 6 years if the average increase in the stock market is (a) 8% (b) 5%(c) 3%
Business
1 answer:
meriva3 years ago
5 0

Answer:

Mark Johnson's investment would worth $ 13,223.95  at 8%,$ 12,338.93  

at 5% and $ 11,784.66  at 3%

Explanation:

In calculating the worth of the investments at different rates of interest I adopted the future value approach as contained in the attached.

Download xlsx
You might be interested in
A book that weighs 0.35 kilograms is kept on a shelf that’s 2.0 meters above the ground. A picture frame that weighs 0.5 kilogra
Arisa [49]
E p = m · g  · h
E p ( book ) = 0.35 kg · 9.8 m/s² · 2 m = 6.86 J
E p ( picture frame ) = 6.86 J 
( same gravitational  potential energy as the book )
6.86 = 0.5 · 9.8 · h
6.86 = 4.9  h
h = 6.86 : 4.9
h = 1.4 m
Answer: ... to a height of 1.4 m. 
3 0
3 years ago
Read 2 more answers
Which of the following would be the best allocation base for the Assembly​ activity? A. Direct labor hours hours B. Number of or
Elden [556K]

Answer:

The best allocation base for assembling activities costs are the number of parts actually assembled.

Since the number of parts is not an option int his question, the second best allocation base for the assembling process is A) direct labor hours.

If the process is highly automated, then the second best allocation base would be machine hours, but that isn't an option either.

8 0
3 years ago
What is one major measure of economic growth?
Olegator [25]

Answer:

yo mama

Explanation:

<h2>yo mama's so ugly, she made a blind kid cry.</h2>
4 0
2 years ago
Which of the following is the first step in Kotter's eight-step plan for implementing change?A) Create a new vision to direct th
forsale [732]

Answer:

The correct answer is letter "B": Establish a sense of urgency by creating a compelling reason for why change is needed.

Explanation:

American educator John Kotter (born in 1947) in his book "<em>Leading Change</em>" (2011) proposed an eight-step method to generate change within an organization. The first of them is to Create Urgency, where potential risks are identified, and scenarios that illustrate what might happen in the future are created. Also, honest discussions are carried out to offer diverse and compelling reasons of why the change is needed.

4 0
2 years ago
"An individual is unique and does not speak for or represent anything other than themselves." This statement is an argument agai
aivan3 [116]
I think it’s c , i might be wrong tho lol
3 0
3 years ago
Other questions:
  • Scenario 3 A not-so-popular student has invited you to a sleepover at a birthday party on Friday night. You have accepted the in
    14·1 answer
  • During the first two years, supplies, inc. drove the company truck 15,000 and 22,000 miles, respectively, to deliver merchandise
    6·1 answer
  • An investment portfolio contains stocks of a large number of corporations. Over the last year the rates of return on these corpo
    9·1 answer
  • What are four reasons to limit the scope of a small business
    5·1 answer
  • Bison Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recen
    11·1 answer
  • A company uses the periodic inventory method. If beginning inventory is understated by $10,000 because the prior’s year’s ending
    13·1 answer
  • In 1999, the bureau of labor statistics reported that ? died from electrocutions at work, accounting for almost ? of all on-the-
    9·1 answer
  • PLS HELP QUICK<br> I’LL MARK BRAINLIEST
    5·2 answers
  • Please choose A, B, C, or D
    7·2 answers
  • According to the law governing mortgage loan brokers, what is the maximum commission Broker Dan can charge for securing a $15,00
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!