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snow_lady [41]
3 years ago
7

Suppose you deposited $5,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. How much would be

in the account after 8 months, assuming each month has 30 days?
Business
1 answer:
sleet_krkn [62]3 years ago
8 0

Answer:

$5,175

Explanation:

The computation of the amount after 8 month is as follows

As we know that

Amount = Principal × (1 + interest rate × number of days ÷ total number of days)

where,

Principal = $5,000

Interest rate = 5.25%

Number of days = 30 days × 8 months = 240 days

And, the total number of days = 360 days

So, the amount after 8 months is

= $5,000 × (1 + 5.25% × 240 days ÷ 360 days)

= $5,000 × 1.035

= $5,175

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Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Digby to pull the produc
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Explanation:

In order to completely answer the question, the complete question is found online. This question was missing some table attachments which are attached with it.

From the table, it is first noted that the core products are listed which are as below:

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Now the capacities of these are included which are found from the table and are as follow:

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As there are two shifts running so the total capacity is 5430x2=10860

So the total capacity of market in core products less the Digby's Deft is 10860 thousand units.

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2 years ago
Should I get a small dog I mean I always wanted you be but then I wouldn’t be able to go out of town
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