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e-lub [12.9K]
4 years ago
7

Find the interest rate for a $5000 deposit accumulating to $7647.81, compounded quarterly for 9 years.

Business
1 answer:
kobusy [5.1K]4 years ago
7 0
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In the last decade or so, there has been a dramatic expansion of small retail convenience stores (such as 7-Eleven, Kwik Shop, a
Vladimir79 [104]

Answer:

yes                                                                                                                                                                                                                  

Explanation:

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3 0
3 years ago
_________ is the incremental cost of wear and tear on an asset.
bogdanovich [222]

The correct answer is DEPRECIATION.

Depreciation is defined as the incremental cost of wear and tear on an asset.

Depreciation is an accounting concept that allows a business or individual to allocate the cost of a capital item over the useful life of the item.

6 0
3 years ago
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Suppose that a person's nominal income rises from $10,000 to $12,000 and the consumer price index rises from 100 to 105. The per
Kazeer [188]

Answer:

C) Rise about 15 percent

Explanation:

The computation of the increase or decrease of real income is shown below:

Initial income equals to

= Nominal income ÷ Consumer price index

= $10,000 ÷ 100

= 100

If it increases, then it would be

= Nominal income ÷ Consumer price index

= $12,000 ÷ 105

= 114.28

So, the real income is increased from

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= 14.28 approx i.e 15 percent

8 0
3 years ago
Robichau Incorporated reported the following results from last year’s operations: Sales $ 6,300,000 Variable expenses 4,930,000
photoshop1234 [79]

Answer:

Return on Investment = 17%

Explanation:

Return on Investment = Net income from investment / Investment opportunity * 100

Where Net income from investment = (Sales * Contribution margin ratio) - Fixed expenses

Net income = ($1,530,000 * 30%) - $306,000

Net income = $459,000 - $306,000

Net income = $153,000

Return on Investment = $153,000 / $900,000 * 100

Return on Investment = 17%

5 0
3 years ago
After several years of study as a part-time student, Alex recently earned a degree in marketing at a local college. The growth i
e-lub [12.9K]

Answer:

A) TRUE

Explanation:

Updating marketing skills is not unrelated to modern demands in a global environment influenced by technological disruption. The need to keep abreast of changes in digital marketing for instance is essential if you have to stay relevant in the world of marketing.

8 0
3 years ago
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