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kupik [55]
3 years ago
8

Kevin has deposited money into a savings account. Choose the correct terms to complete each sentence. Kevin deposits $100 into a

savings account today. This is his . In one year, Kevin’s money earns 5 percent. The $5 he earns is . In one year’s time, Kevin’s money is worth $105. This is his . The interest Kevin earns in the first year will also earn interest in subsequent years. This is called .
Business
1 answer:
lesya692 [45]3 years ago
4 0

Answer

In series, the answer of 'this is his' is:

  1. Principal Amount
  2. Interest
  3. Total amount
  4. Compound interest

Explanation:

  1. Kevin deposit $100 in a savings bank account, this is his principal. Principal is the initial amount that a person deposit in his account.
  2. Kevin's money earn 5 percent. the $5 he earn is the interest. Interest is the earning that a person earn on the overall amount deposited.
  3. Kevin's money worth is $105, this is his total accrued amount. Acquired amount= Principal + Interest
  4. The interest Kevin earn in first year is the interest in subsequent years. this is called compound  interest.

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stiks02 [169]

Answer:

She invested $2,167

Explanation:

As interest rate is not compounded, the 9-month interest of a 8% annual interest is simply:

8% * 9 / 12 = 6%

Let A be the amount of money she invest. After 9 month she will receive:

A * 0.06 dollars.

And the actual amount is $130. So she invested

A = $130 / 0.06 = $2,167

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3 years ago
Andy just purchased a 2.5 acre vacant lot of land for $500,000. What was the price per square yard?
julsineya [31]

Andy just purchased a 2.5 acre vacant lot of land for $500,000. $41.32 per sq. yd price per square yard.

$500,000 ÷ 12,100 sq. yds. = $41.32 per sq. yd

What is square yard?

  • The length times the width, expressed in feet, must be multiplied by 9, and the result is the square yard (SQYDS). A square yard measures 9 square feet.
  • One billion is referred to as "yard" in finance. The word is derived from "milliard," which is comparable to the number one billion in American English and is used in various European languages.
  • Add the area to the conversion factor to convert a square yard measurement to a square foot measurement. The square yards multiplied by nine gives the area in square feet.
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7 0
1 year ago
(a)<br>What is the meaning of subsidiary company (2)<br>​
netineya [11]

Answer:

A subsidiary company is a business that is owned, either partially or completely, by another company. This company is referred to as a parent company.

Explanation:

8 0
2 years ago
Best Ever Toys just paid its annual dividend of $1.78 per share. The required return is 10.6 percent and the dividend growth rat
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Answer: $20.44

Explanation:

From the question given, we are informed that Best Ever Toys just paid its annual dividend of $1.78 per share and that the required return is 10.6% and the dividend growth rate is 1.23%, then the expected value of this stock five years from now will be:

= [$1.78 × (1 + 1.23%)^6] / (10.6% - 1.23%)

= (1.78 × 1.0123^6)/(10.6% - 1.23%)

= 20.44

The expected value of the stock is $20.44

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Click on the link below(I will add it below) to access a video on Entrepreneur Mark Zuckerberg. As you watch the video, fill in
Virty [35]

Answer:

This is what shows

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