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
wariber [46]
3 years ago
8

In which of the following scenarios would you have the most money at the end of the year? 3% compounded yearly 2% compounded mon

thly 2% compounded yearly 2% compounded weekly
Business
2 answers:
atroni [7]3 years ago
8 0
Hi there
Let's assume that your initial deposite is 100 for 1 year
The formula is
A=p (1+r/k)^kt

Let's try each option to see which one is the most money at the end of the year
3% compounded yearly
A=100×(1+0.03)
=103
2% compounded monthly
100×(1+0.02÷12)^(12)
=102.018
2% compounded yearly
100×(1+0.02)
=102
2% compounded weekly
100×(1+0.02÷52)^(52)
=102.019

So it's A

Good luck!
larisa [96]3 years ago
4 0
3% compounded yearly<span />
You might be interested in
Gander, an apparel company, is known to be a profit-hungry company. It lands in a controversy when it comes to light that the co
Otrada [13]

Answer:

Legal but Unethical

Explanation:

Based on the information provided within the question it can be said that Gander's business conduct is Legal but Unethical. It is legal because since it is a developing country there is most likely no law against the amount that the company's must pay employees. On the other hand it is unethical because the company is taking advantage of the necessity of the workers and is paying them nonliving wages.

If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Assume that you and your best friend each have $1,000 to invest. You invest your money in a fund that pays 10% per year compound
marishachu [46]

Answer:

correct answer is c. You both have the same amount of money

Explanation:

given data

invest = $1000

pay compound interest = 10%

pay simple interest = 10%

time = 1 year

solution

we get here difference in the total amount that is your friend money -  your money  .................1

so difference in the total amount = invest × (1+rate)^{time} - [ invest + ( invest  × rate × time) ] ......................2

put here value

difference in the total amount = $1000 × (1+0.10)^{1} - [$1000 +  ( 1000  × 10% × 1) ]

difference in the total amount = 0

so correct answer is c. You both have the same amount of money

7 0
3 years ago
The large amount of advertising by firms such as Procter &amp; Gamble and Colgate-Palmolive promotes which of the following barr
Kobotan [32]

Answer:

C

Explanation:

product differentiation

4 0
3 years ago
Price controls on rents are frequently implemented by governments in an effort to protect renters from high housing prices. Diff
Mamont248 [21]

The two primary varieties of price restrictions are known as price ceilings and price floors respectively.

<h3>What exactly are these pricing controls?</h3>

Price control is a technique that the government uses to guarantee that the price of a product or service on the market does not become too high or cheap.

Price controls may be broken down into two categories: price ceilings and price floors. Price floors and ceilings are used to determine the lowest and maximum amounts of a product's price, respectively. Price ceilings are used to determine the maximum amount of a product's price.

Read more about Price controls

brainly.com/question/1150883

#SPJ1

3 0
2 years ago
The business judgment rule is important because it reflects the principle that ________, not _________, have the greatest latitu
Shalnov [3]

Answer: d. company directors; shareholders

Explanation: The conduction and management of a business usually involve making controversial decisions or taking actions that might put the business at risk. In a general sense, greater profits calls for greater risks. As such, the business judgement rule states that the board of directors should be allowed to make such decisions without fear of prosecution by shareholders who might object while acknowledging that managers are not capable of making optimal decisions at all times. The rule therefore aid in protecting a business's board of directors from slight legal allegations about the conduct of business. It is thus important because it reflects the principle that company directors, not shareholders, have the greatest latitude to run companies.

6 0
3 years ago
Other questions:
  • Wither Spoon Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capa
    8·1 answer
  • Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,600 monthly. The contract currently sells for $117
    15·1 answer
  • John Smith owns a bookstore that is covered under an unendorsed Commercial General Liability (CGL) Coverage Form. A customer fal
    13·1 answer
  • Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-e
    12·1 answer
  • Marshall's &amp; Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
    15·1 answer
  • The supplies inventory on August 1, 2017 was $9,350. Supplies costing $24,150 were acquired during the year and charged to the s
    13·1 answer
  • A colleague at work takes small amounts of office supplies for her own personal use, saying that this is a tiny loss to the comp
    9·1 answer
  • esterday, Berryman Investments was selling for $50 per share. Today, the company completed a 7-for-2 stock split. If the total m
    6·1 answer
  • Kawamura, a careful utility maximizer, consumes peanut butter and ice cream. Assume that both peanut butter and ice cream are no
    8·1 answer
  • Which financing method would be ideal for funding long term investments?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!