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Mariulka [41]
3 years ago
9

Suppose ​$21 comma 00021,000 is invested at an annual rate of 77​% for 1313 yearsyears. Find the future value if interest is com

pounded as follows. a. Annually b. Quarterly c. Monthly d. Daily​ (365 days) e. Continuously
Business
1 answer:
antiseptic1488 [7]3 years ago
3 0

Answer:

Annually         50,606.75

Quarterly        51, 761.76

Daily               ​ 52,166.22

Continuously  52,170.77

Explanation:

We have to use the future value for different compounding:

<u>Annually:</u>

Principal \: (1+ r)^{time} = Amount

Principal 21,000.00

time 13.00

rate 0.07000

21000 \: (1+ 0.07)^{13} = Amount

Amount 50,606.75

<u>Quarterly:</u>

Principal \: (1+ r)^{time} = Amount

time 52.00 (13 years x 4 quarter per year)

rate 0.01750 ( 7% over 4 quarters)

21000 \: (1+ 0.0175)^{52} = Amount

Amount 51,761.76

<u>Daily (365 days):</u>

Principal \: (1+ r)^{time} = Amount

time 4,745 (13 years x 365 days per year

rate 0.00019  (0.07 / 365)

21000 \: (1+ 0.000191780821917808)^{4745} = Amount

Amount 52,166.22

<u>Continuously:</u>

Principal \: e^{rate \times time} = Amount

21000 \: e^{0.07 \times 13} = Amount

Amount 52,170.7732

<u></u>

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A. The rate of inflation is zero
B. The economy is at full employment
C
alexira [117]

Answer:

The correct answer to the following question is B) the economy is at full employment.

Explanation:

Standardized budget which is also know as full employment budget , is used to measure the federal budget deficit or surplus , with the given tax rates and government spending. Here the assumption made is that the economy has full employment, and this is one of the major difference between standardized and actual budget . Also standardized budget would reflect any type of adjustment that has to be made in the actual budget. So therefore the only way that actual budget and standardized budget are equal is when they both have full employment present in the economy.

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Select the best definition of labor productivity:
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<span>Labor productivity is the ability to earn the highest amount of profit for a company for an employees time. Such as a chef, cooking 10 meals in an hour will bring in 100 dollars for those 10 meals and only gets paid 10 dollars. His labor productivity is earning the company 90 dollars for his time.</span>
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Mathematics for Business and Finance
Marina CMI [18]

Answer:

Explanation:

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8 0
3 years ago
a study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts rec
erica [24]

The deadweight loss is $90.6.

<h3>How to calculate the loss?</h3>

The study suggested that the average recipient's valuation of the gift received was approximately 90% of the actual purchase price of the gift.

This means there's a loss of 10% in value constitute the deadweight loss.

Average amount spent on gift = $906

Percentage loss in value = 10% or 0.10

Calculate the deadweight loss -

= Average amount spent on gifts * Percentage loss in value

DWL = $906 * 0.10

The deadweight loss would be $90.6.

Learn more about dead weight loss on:

brainly.com/question/15415492

#SPJ1

A study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts received and how much the recipients would have been willing to pay to buy them on their own. the study suggested that the average recipient’s valuation was approximately 90% of the actual purchase price.

Calculate the deadweight loss if the average amount is $906.

8 0
2 years ago
You would like to invest in one of the profitable business units of a multinational corporation. In a meeting with management, y
zubka84 [21]

Answer:

Unit A has revenue of $27 billion and a profit of $6 billion. While its product is based on a new technology that is rapidly increasing in sales, the product currently lags the market share of competitors.

Explanation:

According to the BCG Matrix, question marks are business units that operate in rapidly growing markets but currently only possess a low market share.

This results in a lot of cash being consumed by the business unit, but also the possibility of high growth. It is called a question mark because it is uncertain if the business unit will be successful or not. This means that they are very risky investments.

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