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ss7ja [257]
3 years ago
6

If you put $2,620 in a savings account and make no further deposits, what type of calculation would provide you with the value o

f the account in 28 years?
Business
1 answer:
riadik2000 [5.3K]3 years ago
3 0

Answer:

future value of a lump sum:

Nominal(1+r)^n = FV\\2,620(1+r)^{28} = FV

Explanation:

when there is only a single deposits the formula will be the compounding interest future value of a lump sum

The deposits will generate incoem at a given rate r which, will make it increase their value over the course of time.

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Hurdzan, Inc., has a 30-day average collection period and wants to maintain a minimum cash balance of $20 million, which is what
tia_tia [17]

Answer:

Attached below

Explanation:

Receivables balance = $196 million

Minimum cash balance = $20 million

Given data :

                                                                Q1        Q2        Q3           Q4

Sales                                                      $441     $513      $594      $558

Total cash disbursement                       368      465       720         456

attached below is the cash budget for the company as required

7 0
3 years ago
How do the Holland Codes help individuals make career choices?
nlexa [21]

Answer:

Holland codes are also known as Holland Occupational Themes, which is a theory based on Vocational choice and careers. The theory was revealed by John L. Holland, who was an American Psychologist.

Explanation:

The Holland codes are involved in career counseling practices and researches. The basic theory was that the occupational preferences of the individuals were surrounded by the underlying character of the individual. The theory is centered on the following six personality traits:

  • Realistic - They like to work with hands, assembling and building things, working on tools and machines. They like to work outdoor.
  • Investigative -  They are more into discovering new ideas, investigating and, asking the questions to solve the problem.
  • Artistic- They are more performance-oriented, more expressive, and good at designing and creating things.
  • Social- They like working with people and are concerned about the welfare and well-being of other people.
  • Enterprising - They like leading, influencing, and encouraging others.
  • Conventional- They like following the procedures to work, planning the events, and work. They also like working indoor.

The Holland codes state that the people who possess similar personality traits aim to create an environment that fits them best and their type of work. Holland further stated that when people choose to work in a situation that is related to their personality, they are more contented and successful.  

7 0
3 years ago
Customers compare brands and plan for the purchase of which products?
UkoKoshka [18]

Answer

Customers compare brands and plan for the purchase of a speciality product.

Explanation

These are those products that have unique characteristic and brand identification where specific customers are willing to make a purchase of the product with personal efforts.These products apply to specif customers who are willing to make an effort during the purchase process.A Ferrari can serve as a good example.

6 0
3 years ago
Read 2 more answers
An informal tool used to organize the accounting information needed to prepare adjusting and closing entries and the financial s
Anton [14]

Accountants usually organize the accounting information on a <u>worksheet </u>when they prepare adjusting and closing entries and the financial statements.

<h3>What is a worksheet?</h3>

A worksheet is a piece of paper used for performing tasks. It can also refer to an Excel sheet. Thus, a worksheet simply means a working paper.

Thus, the informal tool that can be used to organize the accounting information for the preparation of adjusting and closing entries and the financial statements is <u>a worksheet</u>.

Learn more about the worksheet at brainly.com/question/11892503

6 0
2 years ago
Which statement best summarizes the law of demand ?
miskamm [114]

Answer:it’s D

Explanation: Just answered it

5 0
3 years ago
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