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mart [117]
4 years ago
14

What information is needed to create a monthly budget

Business
1 answer:
adell [148]4 years ago
8 0
First, Identify your income.
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A "think global, act global" approach to strategy-making is preferable to a "think local, act local"approach when
olga55 [171]

Answer:

The Correct option is C

Explanation:

A think global, act global approach to strategy making is preferable to a think local, act local approach when the country-to-country differences are small enough to be accommodated with the framework of a mostly uniform global strategy.

6 0
3 years ago
Read 2 more answers
If $3000 is invested at 5% interest, compounded annually, then after n years the investment is worth an
Nonamiya [84]

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment (PV)= $3,400

Interest rate (i)= 5% = 0.05

Number of years= ?

<u>To calculate the future value, we need to use the following formula:</u>

FV= PV*(1+i)^n

<u>For example:</u>

n= 10 years

FV= 3,400*(1.05^10)

FV= $5,538.24

n= 8 years

FV= 3,400*(1.05^8)

FV= 5,023.35

8 0
3 years ago
"You deposit $12,000 today into an account that pays you 12% annual interest, compounded daily. How much MORE will you have in 4
Solnce55 [7]

Answer:

$340,363.55

Explanation:

you need to calculate the future value of your deposit:

future value = present value x (1 + interest rate)ⁿ

  • present value = $12,000
  • interest rate = 12% / 365 = 0.032877%
  • n = 40 x 365 = 14,600

future value = $12,000 x (1 + 0.032877%)¹⁴⁶⁰⁰ = $1,456,975.20

if the interest is compounded annually, the future value = $12,000 x 1.12⁴⁰ = $1,116,611.65

the difference = $1,456,975.20 - $1,116,611.65 = $340,363.55

5 0
3 years ago
If Tommy started work at 7 a.m. and left at 2:45p.m., how many hours should
IRISSAK [1]

Answer:

7 hours (if the question asked us how many hours he spent without adding the value of the minutes).

Explanation:

From 7 a.m. to 2 pm its 7 hours.

The remainder is 45 minutes.

7 hours + 45 minutes.

If it's in hours it'll be 7 hours. If the question asked hours and minutes it would be 7 hours and 45 minutes.

7 0
3 years ago
Read 2 more answers
Company X has 2 million shares of common stock outstanding with a book value of $2 per share. The stock trades for $3 per share.
gladu [14]

Answer:

23.08%

Explanation:

The computation of the debt ratio is shown below:

Debt amount

= 2 million × 0.90

= 1.80 million

And,

Equity amount

= 2 million × 3

= 6 million

Now

debt ratio = debt amount  ÷ (amount of debt + amount of equity)

= 1.80 million ÷ ( 6 million + 1.80 million)

= 23.08%

4 0
3 years ago
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