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Andrej [43]
3 years ago
14

The average annual stock return is 11.3%. If you begin your investment portfolio with $2,000, what will your portfolio be worth

in 30 years if the average holds?
Business
2 answers:
Natasha_Volkova [10]3 years ago
6 0

Answer:

6780$

Explanation:

We first find 11% of 2000 by the following equation

2000 x .11

From this we get the annual interest 226$

226$ x 30 = $6780

Artemon [7]3 years ago
4 0

Answer:

$49,646

Explanation:

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The following accounts have normal credit balances? a. liabilities b. revenues c. assets d. all of the listed accounts have a no
Mademuasel [1]

So the correct option is D, Because increases in any account are often bigger than losses, accounts with normal balances are on the side where increases go. As a result, the owner's drawing, spending, and asset accounts typically have negative balances. Accounts for liabilities, income, and owner capital typically have credit balances.

What is Financial Statement?
Financial statements are written documents that convey the business activities and the financial performance of a corporation. The balance sheet, income statement, statement of cash flow, and statement of changes in equity are the four primary financial statements for for-profit entities. Nonprofit organizations employ a comparable but different set of financial statements.

To learn more about Financial Statement
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7 0
2 years ago
Marked out of 1.00
Tom [10]

Answer:

The correct answer is True.

Explanation:

As mentioned, it is necessary to know that the employee who enters a new company does so under a series of basic skills and knowledge that must be improved and increased over time, so a system based on knowledge and skills must recognize the effort of workers to specialize in their tasks effectively, performing their duties in a committed, fast and quality manner.

4 0
4 years ago
A stock was purchased for $51 a share and sold eleven months later for $54 a share. If the shares were purchased totally with ca
nekit [7.7K]

Answer: 5.88%; 8.40%

Explanation:

In finance, the holding period return is simply the return that a portfolio or an asset has accrued during the entire period that the asset or portfolio was being held. It is a way of measuring the performance of an investment.

Based on the information that have been provided in the question,

HPR without margin will be:

= ($54 - $51)/$51

= $3/$51

= 0.588

= 5.88%

HPR with margin will be:

= ($54 - $51)/($51 × 0.70)

= $3/($35.7)

= 0.84

= 8.40%

7 0
3 years ago
Choose all that apply.
Aliun [14]
Annual fee, balance transfer fee, cash advanced fee, late fee, and over-the-limit fee are your answers.
8 0
3 years ago
Read 2 more answers
g Credit card applicants have an average credit rating score of 667. Assume the distribution of credit scores is Normal with a s
Marizza181 [45]

Answer:

P(X>700)=P(\frac{X-\mu}{\sigma}>\frac{700-\mu}{\sigma})=P(Z>\frac{700-667}{65})=P(z>0.508)

And we can find this probability using the complement rule and excel or a calculator and we got:

P(z>0.508)=1-P(z

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the rating score of a population, and for this case we know the distribution for X is given by:

X \sim N(667,65)  

Where \mu=667 and \sigma=65

We are interested on this probability

P(X>700)

And the best way to solve this problem is using the normal standard distribution and the z score given by:

z=\frac{x-\mu}{\sigma}

If we apply this formula to our probability we got this:

P(X>700)=P(\frac{X-\mu}{\sigma}>\frac{700-\mu}{\sigma})=P(Z>\frac{700-667}{65})=P(z>0.508)

And we can find this probability using the complement rule and excel or a calculator and we got:

P(z>0.508)=1-P(z

7 0
3 years ago
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