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]
3 years ago
8

Lance Rice has decided to invest $1,200 quarterly for eight years in an ordinary annuity at 4%. The total cash value of the annu

ity at end of year 8 is (use the tables in the handbook):
Business
1 answer:
tester [92]3 years ago
4 0
First step is to compute for the interest that is gained from the described investment.
                             I = P x i  x n
where P is the principal amount, i is the interest rate, and n is the number of years.
                             I  = ($1200) x 0.04 x 8 = $384
Then, we add the interest gained to the original amount. 
                        F = P + I = ($1200) + ($384) = $1584
Thus, the amount after 8 years is $1584. 
You might be interested in
One of the most important in-store factors is the salesperson. This influence can be understood in terms of ________ theory, whi
amm1812

Option (b), The salesperson is one of the most crucial in-store elements. The exchange theory, which emphasizes that each participant provides to the other and anticipates receiving something in return, can be used to explain this influence.

<h3>What does exchange theory actually mean?</h3>

According to the social exchange hypothesis, two people's relationships grow as a result of a process of cost-benefit analysis. In other words, it's a statistic designed to measure the amount of effort a person expends during a face-to-face conversation.

<h3>What are the basic tenets of the exchange theory?</h3>

The basic tenet of the theory of social trade is the concept of costs and benefits. This suggests that people's decisions and behaviors are influenced by their estimations of cost and reward. Costs are the unfavorable outcomes of a decision, including time, money, and energy. Social interactions produce benefits, which are rewards.

Learn more about exchange theory: brainly.com/question/29611150

#SPJ4

6 0
1 year ago
Leyton Lumber Company has sales of $12 million per year, all on credit terms calling for payment within 30 days, and its account
s2008m [1.1K]

<u>Solution and Explanation:</u>

The following formula is used in order to calculate the days sales outstanding:

Days sales out standing = ( Accounts receivable divided by Sales )  multiply with 365

= $1.5 million divided by $12 million multiply with 365

After calculating we get, 45.625 days

<u>In order to calculate the capital released, the following formula is used: </u>

Capital released $=$ Sales $*$ (DSO - Credit period) $/ 365$

=\$ 12 \text { million } *(45.625-30) / 365

= 513699

Therefore, the capital released is $513699

8 0
3 years ago
What is the totality of a firm's organizational arrangements, including its formal organizational structure, control systems, in
Rainbow [258]

Answer:

Organizational architecture.

Explanation:

The organizational architecture can be defined as the structure of the company, which includes all the integrated systems of the organization, that is, all the tangible and intangible assets that make up the organizational whole.

In order to operate effectively, every organization must have an organizational architecture that enables the correct flow of processes that will assist in achieving the objectives and goals.

To assess which type of organizational architecture is appropriate for a business, it is necessary to analyze the company's systems, culture and strategy.

3 0
3 years ago
The publisher is __________. The publishing date is __________. The author is __________.
Rina8888 [55]

Answer:

Houghton Mifflin Company . . . 2002 . . . Robert Overholtzer

Explanation:

A well-known publisher named "Houghton Mifflin Company" published and issued a book known as 'Courage for the earth'. Since year 2oo2 the book was written and composed by the great writer of the books known as Robert Overholtzer. He use to be passionate about writing books for humankind, his thinking was to guide humankind through his books. So this is also one of the book that had been written by him.

7 0
3 years ago
Read 2 more answers
The leading and the lagging strands differ in that _____.
lesya692 [45]

Answer: Option (C)

Explanation:

The known key difference in between the leading and lagging strand can be described as that leading strand is referred to as DNA strand, that tends to  grows continuously during the process of DNA replication on the other hand  lagging strand is known as DNA strand, which tends to grow discontinuously by formulating the segments referred to as the Okazaki fragments.

3 0
4 years ago
Other questions:
  • Intel pioneered microprocessor development in the 1970s and introduced its microprocessor well ahead of competitors. According t
    6·1 answer
  • Marquis Company estimates that annual manufacturing overhead costs will be $809,000. Estimated annual operating activity bases a
    10·1 answer
  • White Leo Autos manufactures and markets four different cars, Leo Sport, Leo Prestige, Leo Spark, and Leo Ease. These four produ
    10·1 answer
  • The law of variability says that​ "the greater the random variability either demanded of the process or inherent in the process
    13·1 answer
  • Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $308,000, total variable expenses were $215,600, an
    6·1 answer
  • The business judgment rule protects corporate officers and directors when: _________
    10·1 answer
  • Consider the determination of whether a worthwhile enterprise should be developed now, or at a later date. Consider a hydro-elec
    14·1 answer
  • 15 points please help
    13·1 answer
  • Charlie wants to get a job in which he is rewarded for his work on a fixed interval reinforcement schedule. which job should cha
    11·1 answer
  • The phase of the business cycle at which real domestic output is at minimum during a cycle is called:_______
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!