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Goshia [24]
3 years ago
12

To what amount will ​$4 comma 900 invested for 9 years at 10 percent compounded annually​ accumulate?

Business
1 answer:
Mila [183]3 years ago
8 0

Answer:

=$11,553.94

≅$11,554

Explanation:

A = P(1 + r/1)^t

Given that

P = $4,900

r = 10%

t = 9years

= 4900 * (1 + 0.1)^9

= 4900 * 1.1^9

= 4900 * 2.3579

= $11553.94

≅ $11554

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Answer:

B. Progressive elaboration

Explanation:

Progressive Elaboration is done for a specific project and then such planning is thoroughly descriptive and detailed, and the management tends to develop the plan more and more with each day, make it more accurate for the project.

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Therefore, the correct option is:

B. Progressive elaboration

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What is meant by reconciliation, and how can it be useful as an input to staff ing planning? wuizlet
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2 years ago
A popular clothing brand has released a new range of pants. The brand manager wants to target several sections of youth with thi
Andrej [43]

.Answer:

A.  customer classification

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Classification of consumers is the process of grouping customers according to shared traits. Customers in the same group will share some common characteristics that a business can use to serve them better. In customer classification, the firm seeks to identify the common traits that make customers have similar buying patterns.

The manager in the clothing brand has identified traits he can use to classify the target customers into four groups. He has applied customer classification. If he subdivides each group by specific attributes such as age, gender, or other similarities, he would be doing customer segmentation

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3 years ago
At the annual holiday party, ABC Airlines gives awards to employees to recognize examples of "going above and beyond" to serve c
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3 years ago
Suppose 6 months ago a Swiss investor bought a 6-month U.S. Treasury bill at a price of $9,708.74, with a maturity value of $10,
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Answer:

The annualized rate of return to the Swiss investor is -7.93%.

Explanation:

This is an instance of foreign currency bond.

Using the exchange rate of $1 = 1.420, purchase price of the bond is calculated as $9,708.74 x 1.420 = 13,786.4108 Swiss Francs

Using the exchange rate of $1 = 1.324, maturity value is $10,000 x 1.324 = 13,240 Swiss Francs

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Annualized rate of return is -7.93% approximately.

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