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devlian [24]
3 years ago
13

How do we know our current money has value?

Business
1 answer:
Andreyy893 years ago
8 0
If you can use it to get stuff then it has value
You might be interested in
If you invest $100 at 10 percent compounded annually, how much money will you have at the end of 3 years?
fiasKO [112]

The amount I would have at the end of 3 years is $133.10.

<h3>How much would I have at the end of the 3 years?</h3>

When an amount is compounded annually, both the amount invested and the interest accrued increase in value one a year.

The formula for calculating future value:

FV = P (1 + r)^n

  • FV = Future value
  • P = Present value
  • R = interest rate
  • N = number of years

$100 x (1.1^3) = $133.10

To learn more about future value, please check: brainly.com/question/18760477

#SPJ1

4 0
1 year ago
Following the Enron debacle, which resulted in employees losing 100% of their 401(k), Congress enacted new laws to protect inves
pychu [463]

Answer:

According to my point of view whenever the employees or any individual who are aware about their money and where their money is being invested to generate more returns. More over if the investments are at high risk for them it is obvious that they should definitely take responsibility for their own investments.

8 0
3 years ago
Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,
quester [9]

Answer:

 The impact of eliminating the backpack division

Particulars                                           Amount

Decrease in contribution margin      $480,500   ($950500-$470,000)

<u>Decrease in Expenses:</u>

Fixed expenses                                  <u>$208,800 </u>   ($70522,000*40%)

Decrease in Net operating income <u>$271,700</u>      (Financial disadvantage)

3 0
3 years ago
How can communicators show respect and communicate effectively and positively with people in other cultures?
taurus [48]

<u>Answer:</u>

<em>C. By allowing members of the other culture to understand your role within their culture </em>

<u>Explanation:</u>

  • <em>Look to get it. </em>
  • <em>Try not to make assumptions. </em>
  • <em>Keep a receptive outlook. </em>
  • <em>Evade generalizations. </em>
  • <em>Start with who you know. </em>
  • <em>Go to multicultural systems administration occasions. </em>
  • <em>Get involved. </em>
  • <em>Keep your statement.  </em>
  • <em> Accept positive expectation. </em>

This is the way communicators show regard and impart successfully and decidedly with individuals in different societies, By enabling individuals from the other <em>culture to comprehend your job</em> inside their way of life.

8 0
3 years ago
You just sold 300 shares of stock at a price of $42.06 a share. You purchased the stock for $39.80 a share and have received tot
Alex Ar [27]

Answer:

$678

Explanation:

Given that,

Number of shares sold = 300

Selling price of each share = $42.06

Cost of purchasing shares = $39.80 per share

Total dividend received = $1,272

We can easily determine the total capital gain on this investment by comparing the sales value and purchase value of this stock.

Total capital gain on this investment:

= Sales value - Purchase value

= (Number of units × Selling price per unit) - (Number of units × cost of purchasing per share)

= (300 × $42.06) - (300 × $39.80)

= $12,618 - $11,940

= $678

3 0
3 years ago
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