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Semmy [17]
3 years ago
11

Jessica invested $2,000 today in an investment that pays 6.5 percent annual interest. Which one of the following statements is c

orrect, assuming all interest is reinvested? Group of answer choices She will earn an increasing amount of interest each and every year even if she should decide to withdraw the interest annually rather than reinvesting the interest. Her interest for Year 2 will be equal to $2,000 ×.065 × 2. She could have the same future value and invest less than $2,000 initially if she could earn more than 6.5 percent interest. She will be earning simple interest. She will earn the same amount of interest each year.
Business
1 answer:
lyudmila [28]3 years ago
4 0

Answer:

If the interest rate is higher, to earn the same amount, she will need to invest a lesser amount of money.

Explanation:

Giving the following information:

Jessica invested $2,000 today in an investment that pays 6.5 percent annual interest.

The correct answer is:

She could have the same future value and invest less than $2,000 initially if she could earn more than 6.5 percent interest.

If the interest rate is higher, to earn the same amount, she will need to invest a lesser amount of money.

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A company purchased $10,300 of merchandise on June 15 with terms of 2/10. n/45, and FOB shipping point. The freight charge, $650
Mariana [72]

b should be that correct answer

7 0
3 years ago
Sister Pools sells outdoor swimming pools and currently has an aftertax cost of capital of 11.6 percent. Al's Construction build
Aloiza [94]

Answer:

$1,952 (Positive NPV)

Explanation:

Year   Annual CF ($)   PV factor at 10.30%    PV of Cash Flow ($)

1               17,000                  0.90662                         15,413

2              17,000                  0.82196                          13,973

3              17,000                   0.74520                         12,668

4              17,000                   0.67561                          11,485

5              17,000                   0.61252                          10,413

6              17,000                   0.55532                          9,441

7              17,000                    0.50347                          8,559

TOTAL                                    1.73554                          81,952

Net Present Value (NPV) = Present value of annual cash flows - Initial Cost

Net Present Value (NPV) = $81,952 - $80,000

Net Present Value (NPV) = $1,952 (Positive NPV)

8 0
3 years ago
Assume mark-up percentage equals desired profit divided by total costs. What is the correct calculation to determine the dollar
UkoKoshka [18]

Answer:

C. Total cost per unit times mark-up percentage per unit

Explanation:

The mark-up percentage is assumed to be computed by dividing the desired profit by the total cost.

The dollar amount of the mark-up per unit shall be computed by multiplying the total cost per unit with the markup percentage per unit.

The selling price of the product can be computed by adding the mark-up per unit to the cost price of each unit.

8 0
3 years ago
Complete the sentences. Yellowstone National Park is​ ______. A. a natural monopoly good B. a private good C. a common resource
Gekata [30.6K]

Answer:

The correct answers are:

1)  "B": a common resource.

2) "A": excludable and rival.

Explanation:

1) A common resource is one that provides tangible benefits. This is the type of resource that can be used by several people at the same time without excluding the availability for its use to others. If they are not owned by anyone they take the name of open-access resources.

2) A good is excludable and rival if someone can prevent the use of it and when its use necessarily implies others not using it. Under this category fall all private resources since their ownership belongs to a certain number of people only if not only one.

7 0
3 years ago
Solve the equation 60%of 45
prohojiy [21]

Explanation:

60%of 45

0.6×45

=27

....................

7 0
2 years ago
Read 2 more answers
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