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
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.

You might be interested in
Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $89,000. However, the bu
gogolik [260]

Answer:

The correct option is D,$42,000

Explanation:

The balance on Maxwell capital account=market  value of building contributed less the mortgage on the building

market value of the building is $89,000

Mortgage on the building is $47,000

balance on Maxwell capital account=$89,000-$47,000

balance on Maxwell capital account=$42000

The correct option is D.

Care must taken so that one does include the cash of $38,000 contributed by Smart in Maxwell's capital account balance calculation,otherwise one would have concluded that option  E,$80,000($42,000+$38,000)

6 0
3 years ago
Which of the following is not a reason to chose a community college?
anzhelika [568]

C. Or at least that seems to be the most likely. There are only two similar possible answers which is normally a clue that one of them is wrong and you should be choosing based off how it will benefit you not how it is easier on you.

Hope this helps!

3 0
3 years ago
Read 2 more answers
As a policy option for regulating natural monopoly, average (total) cost pricing is attractive because Select one: a. the result
ASHA 777 [7]

Answer: c. it ensures productive efficiency.

Explanation:

The average cost pricing is used by the government in order to control the price that may be charged by the monopolist.

With the average cost pricing, monopolists are forced to reduce the price that twhy charge for a product to a point whereby the average total cost of the firm and the market demand curve will intersect.

This is vital as it brings about productive efficiency, increase production and also the reduction in the price of a good.

Therefore, the correct option is C "it ensures productive efficiency".

7 0
3 years ago
Estimate the liquid density (g/cm3) of propane at 298 K and 10 bar. Compare the price per kilogram of propane to the price of re
Deffense [45]

Answer:

Density of propane = 17.8 g/L

Propane is more priced than gasoline

Explanation:

Given:

Temperature, T = 298 K

Pressure, P = 10 bar = 0.987 × 10 = 9.87 atm

now,

Molar mass of propane, M = 44.1 g/mol

From ideal gas law

⇒ PV = nRT

here,

n is the number of moles

R is the ideal gas constant = 0.0821 L.atm/mol.K

also,

Density, D = \frac{\textup{Mass}}{\textup{Volume(V)}}

or

V = \frac{\textup{Mass}}{\textup{D}}

and,

nM = mass

thus,

V = \frac{\textup{nM}}{\textup{D}}

substituting in the ideal gas relation

we have

P = \frac{\textup{DRT}}{\textup{M}}

or

D = \frac{\textup{PM}}{\textup{RT}}

or

D = \frac{9.87\times44.1}{0.0821\times298}

or

D = 17.8 g/L

Now,

1 gallon = 3.78 Liter

Therefore,

5 gallon = 5 × 3.78 Liter = 18.9 Liter

Thus,

mass of 5 gallon propane = Volume × Density

= 18.9 Liter × 17.8 g/L

= 336.42 g

or

= 0.336 kg

also it is given that Price of 5 gallon propane i.e 0.336 kg = $30

Therefore,

Price per kg = \frac{30}{0.336}

= $89.28

and,

Mass of 5 gallons i.e 18.9 Liter gasoline = Density × Volume

= 0.692 g/cm³ × 18.9 Liter

also,

1 L = 1000 cm³

thus,

= 0.692 g/cm³ × 18.9 × 1000 cm³

= 13078.8 g

or

= 13.078 kg

Therefore,

Price per kg of gasoline = \frac{\$30}{13.078}

= $2.29

hence, propane is more priced than gasoline

4 0
3 years ago
The management of Omega Manufacturing is implementing a plan to minimize production mistakes by allowing teams that work in each
Whitepunk [10]

Answer: Quality control

 

Explanation: Quality control refers to the process under which an organisation tries to keep the quality of their goods produced as per the market standards. This process is used to keep the customer base rigid and stable or to decrease the production cost by rectifying the errors.

     In the given case, omega is planning to minimize production mistakes by making each department monitoring their performance.

Thus, we can conclude that managers are engaged in quality control.

7 0
3 years ago
Other questions:
  • Creative product differentiation can enable a small business to increase market share.
    9·1 answer
  • 44000 Assets and costs are proportional to sales. The company maintains a constant 30 percent dividend payout ratio and a consta
    9·1 answer
  • Checking accounts at a local bank carry an average balance of $3,000. The bank turns over its balance 6 times a year.
    14·1 answer
  • A company borrows $100,000 from a bank; this is part of the: a. Secondary debt market b. Primary debt market c. Secondary equity
    11·1 answer
  • Clara and Sandra collaborate to open a cafe. They come to an arrangement wherein Sandra manages the cafe from Monday to Wednesda
    13·1 answer
  • An offer that cannot be revoked because an offeror promises to hold the offer open for a specified time in exchange for payment
    9·1 answer
  • 1.) Ocean City Kite Company manufactures & sells kites for $6.50 each. The variable cost per kite is $3.50 with the current
    10·1 answer
  • Dividends declared is subtracted from the Statement of Retained Earnings. True or False.
    8·1 answer
  • A group of management consultants is studying OGSI Manufacturing and its team management strategy. Once Pete Jazoni's work group
    5·1 answer
  • The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce: Group of answe
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!