If marginal cost is below average variable cost then

If $1,000 is deposited in a certain bank account and remains in the account along with any accumulated interest, the dollar amou

Naddika [18.5K]

Answer:

The rate is greater than 8%

Explanation:

Given

$\small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right )$

Missing part of question

$I =210$

$n =2$

Required

Is r > 1

We have:

$\small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right )$

Substitute values for r and I

$210 = 1,000 \left (\left (1+\frac{r}{100} \right )^{2}-1 \right )$

Divide both sides by 1000

$0.210 = \left (\left (1+\frac{r}{100} \right )^{2}-1 \right )$

Add 1 to both sides

$1.210 = (1+\frac{r}{100} \right ))^{2}$

Take square roots of both sides

$\sqrt{1.210} = 1+\frac{r}{100}$

$1.1 = 1+\frac{r}{100}$

Subtract 1 from both sides

$0.1 = \frac{r}{100}$

Multiply both sides by 100

$r = 10$

$10 > 8$

Hence, the rate is greater than 8%

7 0

2 years ago

North Around, Inc. stock is expected to return 22 percent in a boom, 13 percent in a normal economy, and −15 percent in a recess

almond37 [142]

Answer:

4.53%

Explanation:

Data provided in the question:

Expected return = ∑ (Return × probability)

Thus,

Expected return = (0.06 × 22) + (0.92 × 13) + (0.02 × (-15))

= 12.98%

Now,

Probability Return Probability × (Return-Expected Return)²

0.06 22 0.06 × (22% - 12.98%)² = 4.8816

0.92 13 0.92 × (13% - 12.98%)² = 0.000368

0.02 -15 0.02 × (-15% - 12.98%)² = 5.657608

========================================================

Total = 20.5396%

Standard deviation = $\sqrt{\frac{\text{Total probability}\times(\text{Return-Expected Return})^2}{\text{Total probability}}$

= √(20.5396)

= 4.53%

6 0

2 years ago

The u. s. government promoted public participation in the 2010 census during the televised super bowl game in its efforts is to

Pavel [41]

Answer:

a. advertising

Explanation:

Advertising: It is a creative marketing strategy to promote product and service by using paid communication channel. It help to spread awareness to the target audience. This technique is used to aware public about product, social cause, scheme or government policies.

There are three primary objective of advertising:

Inform
Persuade.
Remind.

Advertising follow the AIDA model, which states awareness leads to Interests which lead to Desire and finally lead to Action.

5 0

3 years ago

Under a _____ exchange rate regime, a country will attach the value of its currency to that of a major currency.

bija089 [108]

The answer should be pegged

7 0

2 years ago

Rhombus corp. is a rapidly growing company that just experienced a very profitable quarter. the company's board of directors has

marissa [1.9K]

This shows that the board has decided to re-invest the profits in the business instead of paying it to common shareholders. This is one of the drawbacks of owning common stock in comparison to preferred stock. Dividends and other company earnings are not always shared with the stockholder.

3 0

2 years ago