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velikii [3]
2 years ago
11

Sarah invests $2,700 today in an account that pays 6 percent interest compounded annually. She wants to know the total balance i

n her account five years from today. Identify the correct keystrokes to be used in a financial calculator to determine the total balance.
Business
1 answer:
nata0808 [166]2 years ago
3 0

Answer:

In any financial calculator, all Sarah has to do is to determine the value of the interest rate, the number of compounding periods, and the present value of the investment, and plug in these figures in the software.

For this case, the values are:

Interest rate: 6% compounded annually.

Number of compounding periods: 5 years.

Present value of the investment: $2,700.

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Alicia is interested in purchasing a set of ear buds to use with her laptop and smartphone. She visits best buy and notices that
alex41 [277]

She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the Informative effect of price.

<h3>Information effect of price.</h3>

Consumers tend to use the information about the price of a product to ascertain its Quality. The is basically because the perception of quality  is usually indicated by price.

Here, Alicia buying the beats brand even thogh it costs higher than the skullcandy model  shows that she is using the information effect of price making her to perceive the beats brand as having higher quality.

Learn more on Information effect of price: brainly.com/question/7930369

8 0
2 years ago
Gracies insurance premiums are $131 per month. This year she also paid a 500 deductible and 20% of 3200 for a minor accident. Ho
olga55 [171]

131 x 12= 1,572

500 + 1,572 + 640 (20% of 3,200)

= 2,712$

4 0
3 years ago
Last month, Korey's Comics had $4,350 in net sales with a gross profit of $3,320 and a net income of $1,850. Calculate Korey's g
nevsk [136]

Answer: 76.3%

Explanation: Gross profit margin is calculated by dividing the gross profit (difference between revenue and cost of goods sold) by revenue (Net sales). It could be expressed as a percentage by multiplying by 100.

Gross profit margin = (gross profit ÷ net sales) * 100

Gross profit = $3,320

Net sales = $4,350

Gross profit margin = ($3,320÷$4,350) * 100

0.763 * 100 = 76.3%

7 0
3 years ago
Read 2 more answers
Emmy is the marketing director of a large marketing team, looking to reach an audience at scale through Smart Display campaigns.
Scilla [17]

Answer:

In addition to standard Google Ads reporting, it provides reports that facilitate broad, strategic ad management.

Explanation:

With the help of Smart Display campaign reporting, Emmy can reach to the larger number of customers even with a very less cost which is not possible with the traditional marketing campaigns. Emmy can get Google Ads reporting as well which can help her in better planning for the future campaigns, moreover giving her much deeper insights that will permit her to plan on a broader perspective like strategic management while saving the time. She can get a better and bigger picture in this case.

7 0
3 years ago
On the basis of the following data, determine the value of the inventory at the lower of cost or market.
vlabodo [156]

Answer:

The computation is shown below:

Explanation:

The computation is shown below:

Product         Total Cost         Total Market      Lower of Total Cost or Total Market

A                    $1,368                  $1,248                         $1,248

                ($171 × 8 units)          ($156 × 8 units)

B                  $10,300                    $9,150                     $9,150

                 ($206 × 50 units)          ($183 × 50 units)

C                $11,454                      $10,856                   $10,856

                  ($249 ×  46 units)          ($236 × 46 units)

D                 $5,530                      $4,795                     4,795

                 ($158 × 35 units)          ($137 × 35 units)

E                $9,452                        $10,064                   $9,452

                  ($278 × 34 units)          ($296 × 34 units)

Total                                                                              $35,501

3 0
3 years ago
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