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
olasank [31]
4 years ago
14

Your coin collection contains fifty-four 1941 silver dollars. Your grandparents purchased them for their face value when they we

re new. These coins have appreciated at a 10 percent annual rate. How much will your collection be worth when you retire in 2060?
A. $3,611,008
B. $4,421,008
C. $3,987,456
D. $4,122,394
E. $4,551,172
Business
1 answer:
s344n2d4d5 [400]4 years ago
6 0

Answer:

The correct answer is 3.

Explanation:

Giving the following information:

Your coin collection contains fifty-four 1941 silver dollars. These coins have appreciated at a 10 percent annual rate.

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

i= 0.10

PV= 54

n= 2060 - 1942= 119

FV= 54*1.10^119= 4,551,172.47

You might be interested in
which costs of inflation could the government reduce without reducing inflation? a. arbitrary redistributions of wealth b. shoel
Ilya [14]

Answer:

A is the correct answer.

Explanation:

Inflation causes an arbitrary redistribution of wealth and income. Unexpected inflation is responsible for it. The redistribution of income is caused because the wages and salaries increase rapidly the prices.  and other wages and salaries slowly than the price level. The increase in the prices of some assets more rapidly than the price level while the asset prices increase slower than the price level causes the redistribution.

4 0
3 years ago
Peter contracted with Abe to buy his motorcycle. Peter thought he had bought the 2011 motorcycle, but Abe had intended to sell h
Molodets [167]

Answer:

This is called a MUTUAL MISTAKE

6 0
3 years ago
An increase in government spending initially and primarily shifts
Ira Lisetskai [31]

Answer:

The correct answer is option a.

Explanation:

The aggregate demand in an economy comprises of consumer spending, government spending, investment expenditure, and net exports.

An increase in any of these components will cause the aggregate demand to increase or decrease.

So when the government spending increases the aggregate demand will increase. This increase in the aggregate demand will cause the aggregate demand curve to shift to the right.

This rightward shift in the aggregate demand curve will cause the price level and equilibrium quantity to increase.

8 0
3 years ago
Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000. Also, cash of $50,000 was borrowe
zhannawk [14.2K]

Answer:

$520,000

Explanation:

Kela corporation reports a net income of $450,000

The depreciation is $70,000

A cash of $50,000 was borrowed on a 5-year note payable

Therefore, the total cash inflows from operating activities can be calculated as follows

= Net income+depreciation

= $450,000+$70,000

= $520,000

Hence the total cash inflow from operating activities is $520,000

8 0
3 years ago
An overgrown lawn is manicured by mowing it with a lawn mower is an example of
Marta_Voda [28]

An overgrown lawn is manicured by mowing it with a lawn mower is an example of physical change. Physical change is a change that affects the physical form of the substance or environment but not its chemical composition. In this example, the lawn is manicured by mowing it, so the physical form would be changed. But, the chemical composition of the lawn was maintained and was not change. So,<span> this is clearly a physical change.</span> 

<span> </span>

4 0
4 years ago
Other questions:
  • Assume you own and operate a small advertising business that employs 25 people. With increased health care costs and related ins
    10·1 answer
  • Buckette co. owned 60% of shuvelle corp. and 40% of tayle corp., and shuvelle owned 35% of tayle. what is this pattern of owners
    10·1 answer
  • If the expected path of interest rates on one-year bonds over the next five years is 2%, 4%, 3%, 2%, and 1%, the expectations th
    5·1 answer
  • Newspaper 14 think and review
    11·1 answer
  • Which account is an example of a contra-expense account?
    9·2 answers
  • Unemployment is studied as a part of​
    11·1 answer
  • Time period is important in accounting. Companies need to report revenue and expenses on their income statement based on what th
    6·1 answer
  • Explain how and why each of the following factors would influence current aggregate demand in the United States: a. increased fe
    13·1 answer
  • A company is seeking to avoid the mistakes disney made with disneyland paris. A key priority then is to?
    9·1 answer
  • When shipments from a number of sources are combined into one larger shipment going to a single location, the operation is known
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!