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s344n2d4d5 [400]
3 years ago
15

Assume Coronado Industries deposits $98000 with First National Bank in an account earning interest at 8% per annum, compounded s

emi-annually. How much will Coronado have in the account after 6 years if interest is reinvested?
Business
1 answer:
kiruha [24]3 years ago
6 0

Answer:

Future Value= $156,901.16

Explanation:

Giving the following information:

Assume Coronado Industries deposits $98000 with First National Bank in an account earning interest at 8% per annum, compounded semi-annually.

To calculate the future value of this investment, we need to use the following formula:

FV=PV*(1+i)^n

PV= 98,000

i= 0.08/2= 0.04

n= 6*2= 12

FV= 98,000*(1.04^12)= $156,901.16

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A property was purchased two years ago for $300,000; the investor just sold the property for $379,000. What was the percentage o
ikadub [295]

Answer:

percentage of profit is 26.3%

Explanation:

given data

purchase property cost = $300,000

time = 2 year ago

sold  property = $379,000

solution

we get here percentage of profit in relation to the cost

first we get here percentage value increase  that is

percentage value increase = \frac{379000}{300000}

percentage value increase = 1.263

percentage value increase = 126.3%

so here 1 in 1.263 represent you the original cost

so profit % = 1 - 1.263

profit % = 26.3%

3 0
3 years ago
What percentage of greek students would participate in a hazing activity, even if it made them uncomfortable?
pogonyaev

Less than 10% is the percentage of Greek students that would participate in a hazing activity, even if it made them uncomfortable. This percentage is justifiable because student participation in hazing activities is prohibited and the accompanying danger to physical and mental health induced to a student is one factor that makes it more off-putting.

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3 years ago
A company uses a process costing system. Its Weaving Department completed and transferred out 120,000 units during the current p
Colt1911 [192]

Answer:  128,000 materials; 144,000 conversion

Explanation:

Materials

Equivalent Units of Production = Units transferred out + Percentage complete of ending inventory

= 120,000 + (20% * 40,000)

= 128,000 units

Conversion

Equivalent Units of Production = Units transferred out + Percentage complete of ending inventory

= 120,000 + (60% * 24,000)

= 144,000 units

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3 years ago
Phương pháp công ty Samsung xác định giá, phân tích ưu/ nhược điểm:<br> help me
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I’m not sure how to help you.
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Sumitomo Bank's risk manager has estimated that its DEAR of two of its major assets in its trading portfolio, foreign exchange a
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Answer:

-$380,789

Explanation:

Dear Portfolio = [(1,50,000)2 + (2,50,000)2 + 2(0.8)(1,50,000) ( 2,50,000)]0.5

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