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Luba_88 [7]
3 years ago
5

Martha's grandfather put $2000 in a savings account for Martha's college fund when she was born. If the account pays three perce

nt interest, compounded quarterly, how much will Martha have for college when she is 18?
Business
1 answer:
seraphim [82]3 years ago
8 0

Answer: $3,425

Explanation: Quarterly compounding periods for 18 years is 4 x 18 = 72 and the payment amount is $2,000.

2000 (1+.03/4)^72 = 3425.11

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More than 99% of all U.S. firms are classified as small businesses, and they employ about half of private workers. A small busin
V125BC [204]

Answer:

A

Explanation:

5 0
3 years ago
It costs $49 to get basic roadside help from Urgent.ly and Honk versus the typical $200 charged by AAA. If tow-truck operators w
Butoxors [25]

Answer:

work as contractors and must add Urgent.ly and Honk to their insurance policies.

Explanation:

Both Urgent.ly and Honk are apps that help drivers get roadside assistance if they lack roadside coverage either from their insurance company or the car's warranty. Honk also provides features that allow you to pay for parking fees.

Both companies work similarly to Uber or Lyft, since they do not own the tow trucks. The tow trucks are owned and operated by associates that join them.

8 0
3 years ago
My answer c not sure
AleksandrR [38]
A is your answer so then there is less supply than there is demand.
8 0
3 years ago
Crystal corporation makes $2,000 payments every month for leasing office equipment. crystal recorded a lease payment as follows:
Svetlanka [38]
<span>Crystal corporation makes $2,000 payments every month for leasing office equipment. Crystal recorded a lease payment as an operating lease.

An operating lease is a lease that is commonly used for a short term basis and asset. The operating lease payment is found on the financial statement. 
</span>
4 0
3 years ago
A producer of fixed proportion goods X and Y (Q = Qx = Qy) has marginal costs and revenues of MC = 10 Q, MRX = 150 - 6 QX, MRy =
sammy [17]

Answer:

a. Qx =9, Qy=9

Explanation:

As per the given data

Q = QX = QY

MRX = 150 - 6QX = 150 - 6Q

MRY = 30 - 4QY = 30 - 4Q

MC = 10Q

Now calculate the Marginal revenue as follow

MR = MRX + MRY

MR = 150 - 6Q + 30 - 4Q

MR = 150 + 30 - 6Q - 4Q

MR = 180 - 10Q

The Equilibrium of the producer will be

MR = MC

180 - 10Q = 10Q

180 = 10Q + 10Q

180 = 20Q

Q = 180 / 20

Q = 9

As we know

Q = Qx = QY

Hence, the value of Qx  and QY is 9

7 0
3 years ago
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