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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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Which of the following communication styles includes the desire to avoid conflict but still tries to manipulate the situation so
Paraphin [41]

Answer:

☆Passive aggressive☆

Explanation:

•Passive Assertive: Not a communication style.

•Passive: Developed patterns of avoiding expresing feelings/ emotions.

•Aggressive: can involve manipulation or

intimidation to achieve an end goal.

6 0
3 years ago
Determine Digby's current strategy. How will they seek a competitive advantage? From the following list, select the top five sou
GalinKa [24]

Answer:

Please find the detailed answer as follows:

Explanation:

After reviewing Digby's current strategy, top five sources of competitive advantage for digby are as follows:

  • Increase demand through TQM initiatives .
  • Offer attractive credit terms .
  • Seek excellent product designs, high awareness, and high accessibility .
  • Seek high plant utilization, even if it risks occasional small stockouts .
  • Reduce cost of goods through TQM initiative.

Related concepts to understand the problem.

Competitive advantage. A competitive advantage is an improvement over competitors gained by contribuiting consumers greater value.

5 0
4 years ago
If you were an advisor at a global summit on alternative energy, which source of energy would you recommend countries invest mor
Vera_Pavlovna [14]

Answer:

If I were an advisor at the alternative energy summit I would support investing in <u>solar energy. </u>

Explanation:

The reasons are various:

- The cost of implementation is much cheaper than that of wind turbines or hydrogenerators, which is why it is more economically profitable.

- It can be implemented in any area of ​​the world or in any place where you find sunlight (such as areas of the Middle East), regardless of the hours of daily sunlight (The sun is an inexhaustible source of energy).

- It is a clean energy, since it produces energy without expense or damage to nature.

- In addition to this, the useful life of photovoltaic panels is 20 years, a fairly long time with respect to the amount of energy generated.

8 0
3 years ago
A company recently announced that it would be going public. The usual suspects, Morgan Stanley, JPMorgan Chase, and Goldman Sach
nignag [31]

Answer:

42.5

Explanation:

The computation of the expected value is shown below:

= Low price range × chance percentage +  high price range × chance percentage +  most likely price range × chance percentage

= $5 billion × 20% + $100 billion × 10% + $45 billion × 70%

= $1 + $10 + $31.5

= 42.5

Basically we multiplied each one with its chance percentage

5 0
3 years ago
Suppose that you were born in 1998. also, suppose that your mother received a $100 baby shower gift at your birth. how much woul
Artyom0805 [142]
<span>Suppose that you were born in 1996. Also, suppose that your mother received a $100 baby shower gift at your birth. How much would it cost to buy a similar amount of goods and services in 2014, given that the CPI was 156.9 in 1996 and 236.7 in 2014?</span>
7 0
4 years ago
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