1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
boyakko [2]
3 years ago
7

You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which wo

uld you rather​ have: a daily compounded rate of ​%, a weekly compounded rate of ​%, a monthly compounded rate of ​%, a quarterly compounded rater of ​%, a semiannually compounded rate of ​%, or an annually compounded rate of ​%? Which periodic rate would you rather have for your savings​ account
Business
1 answer:
Dvinal [7]3 years ago
8 0

Answer:

a weekly compounded rate of 0.355​%

Explanation:

the question is incomplete:

a daily compounded rate of 0.040​%, a weekly compounded rate of 0.355​%, a monthly compounded rate of 1.15​%, a quarterly compounded rater of 4.00​%, a semiannually compounded rate of 7.5% or an annually compounded rate of 14​%

compounded daily:

  • effective interest rate = (1 + 0.0004)³⁶⁵ - 1 = 0.157162407

compounded weekly:

  • effective interest rate = (1 + 0.00355)⁵² - 1 = 0.202344148

compounded monthly:

  • effective interest rate = (1 + 0.0115)¹² - 1 = 0.147071911

compounded quarterly:

  • effective interest rate = (1 + 0.04)⁴ - 1 = 0.16985856

compounded semiannually:

  • effective interest rate = (1 + 0.075)² - 1 = 0.155625

compounded annually

  • effective interest rate = 14%

You might be interested in
The debt has an interest rate of 8.50% (short term) and 10.50% (long term). The expected rate of return on the company's shares
viva [34]

Answer:

Re = 16.02%

Explanation:

current stock price 36 x 7,660,000 = 275,760,000

cost of equity = 17.5%

current short term debt = 141,600,000

cost of short term debt = 8.5%

current long term debt = 210,600,000

cost of long term debt = 10.5%

total financing = 627,960,000

  • equity = 275,760,000 / 627,960,000 = 0.4391
  • short term debt = 141,600,000 / 627,960,000 = 0.2255
  • long term debt = 210,600,000 / 627,960,000 = 0.3354

WACC = (0.4391 x 0.175) + (0.2255 x 0.085 x 0.75) + (0.3354 x 0.105 x 0.75) = 0.0768 + 0.0144 + 0.0264 = 0.1176 or 11.76%

under the new structure:

total financing = 627,960,000

  • equity = 325,760,000 / 627,960,000 = 0.5188
  • short term debt = 141,600,000 / 627,960,000 = 0.2255
  • long term debt = 160,600,000 / 627,960,000 = 0.2557

assuming WACC remains unchanged:

0.1176 = (0.5188 x Re) + (0.2255 x 0.085 x 0.75) + (0.2557 x 0.105 x 0.75) = (0.5188 x Re) + 0.0144 + 0.0201 = (0.5188 x Re) + 0.0345

0.5188 x Re = 0.1176 - 0.0345 = 0.0831

Re = 0.0831 / 0.5188 = 0.1602 or 16.02%

4 0
3 years ago
Parker Industries is a small company with a big name! Parker Industries is actually a one-person company that imports strands of
Tamiku [17]

Answer:

Total fixed costs= $150

Explanation:

Giving the following information:

Parker's only overhead is a storage unit for the inventory that costs $125 a month and a $25 monthly fee for website hosting.

<u>A cost is categorized as fixed because it does not vary with production (in relevant ranges).</u>

In this case, the only two cost that is fixed is the storage and website hosting.

Total fixed costs= 125 + 25= $150

7 0
3 years ago
Connie opened a link that she received in an email. It led to a webpage that congratulated her on winning $1 million. The webpag
Mariana [72]

Answer:

This kind of malware attack is known as ransomware.

Explanation:

-Ransomware is a type of malicious software that typically involves encrypting the files of a victim's PC, laptop or systems. The hacker(s) This essentially denies the victim any access to their data.They then demands payment in order to allow the victim access to their own data. The payment is always required to be transferred in crypto-currency to the hackers.

-Examples of ransomware includes Reveton, CryptoLocker, CryptoWall and the infamous Wannacry which attacked many victims PC across the globe in 2017. Ransomware attacks can be initiated by a user unknowingly visits an infected website.The malware then self downloads and installs itself onto the user’s PC without their knowledge.

-Ransomware attacks can be prevented by using advanced antivirus.

7 0
3 years ago
On January 1, 2012 Morgan Co. purchased a truck that cost $32,000. The truck had an expected useful life of 10 years and a $5,00
Novay_Z [31]

Answer:

Annual depreciation= $2,700

Explanation:

Giving the following information:

Morgan Co. purchased a truck that cost $32,000. The truck had an expected useful life of 10 years and a $5,000 salvage value.

The straight-line depreciation method provides an annual depreciation expense by dividing the book value by the number of useful years.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (32,000 - 5,000)/10= $2,700

8 0
3 years ago
The term _____ is defined as the activity, set of institutions, and processes for creating, communicating, delivering, and excha
Temka [501]

Answer:

American Marketing Association

Explanation:

American Marketing Association -

It refers to the association of many marketing professionals all together , is referred to as the American Marketing Association  .

In the year 2012 , there were 30,000 members , present in the United states .

Which consists of 250 collegiate chapters and 76 professional chapters .

Hence from the given scenario of the question ,

The correct option is American Marketing Association .

3 0
3 years ago
Other questions:
  • Applicants describe how they handled specific problems and situations in previous jobs in a(n) ________ interview.
    15·1 answer
  • Match each scenario with the correct term. IPO, stock, mutual fund and NASDAQ. These are the scenarios:
    14·2 answers
  • Pinterest allows users to save and share images they find online, building their own collections. This type of site is populated
    13·1 answer
  • Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 5.7 percent. The bond sells for $
    14·1 answer
  • Chaia makes slate table tops for a living. She is guaranteed a base pay of $300 per week, and also earns $75 per completed table
    11·1 answer
  • Lagoon has two food stores Buck's and Combo's. It costs $1 to make one of Buck's bread loaves and $2 to make one of Combo's chee
    11·1 answer
  • While sailboarding, Jolie is injured when Kirby carelessly crosses her path. Kirby’s insurance company offers Jolie $50,000 to r
    14·1 answer
  • You have $100,000 invested in a 2-stock portfolio. $30,000 is invested in stock with a beta of 1.60 and the remainder is investe
    7·1 answer
  • Members of 67 countries attended a conference on economic development hosted by an international organization based in Gent, Bel
    13·1 answer
  • Online Analytical Processing (OLAP) is included in many Business Intelligence (BI) software applications. We use this OLAP for a
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!