It’s important to use an appropriate e-mail address as a professional contact.

____ has experienced a rapid increase in the use of credit cards for purchase?

ch4aika [34]

Of countries?
Probably you mean Thailand then.

7 0

3 years ago

At the end of every 3 months, Teresa deposits into an account that pays 5% compounded quarterly. After she puts the accumulated

NikAS [45]

Answer:

The amount Teresa will have accumulated when this certificate matures is $2,452.16.

Explanation:

Note: This question is not complete as some important data are omitted. The complete question is therefore provided before answering the question as follows:

At the end of every 3 months, Rita deposits $100 into an account that pays 5% compounded quarterly. After 5 years, she puts the accumulated amount into a certificate of deposit paying 8.5% compounded semiannually for 1 year. When this certificate matures, how much will Teresa have accumulated?

The explanation of the answers is now provided as follows:

Step 1: Calculation of accumulated amount after 5 years.

Since the deposits are paid at the end of every 3 months, the accumulated amount after 5 years can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV5 = P * (((1 + r1)^n1 - 1) / r) ................................. (1)

Where,

FV5 = Future value or accumulated amount after 5 years = ?

P = Quarterly deposit or deposit at the end of every 3 months = $100

r = Quarterly interest rate on the account = Interest rate on the account / Number of quarters in a year = 5% / 4 = 0.05 / 4 = 0.0125

n = number of quarters = 5 years * Number of quarters in a year = 5 * 4 = 20

Substituting the values into equation (1), we have:

FV5 = $100 * (((1 + 0.0125)^20 - 1) / 0.0125) = $2,256.30

Therefore, the accumulated amount after 5 years is $2,256.30.

Step 2: Calculation of the amount Teresa will have accumulated when this certificate matures.

This can be calculated using the simple future value (FV) as follows:

FVM = FV5 * (1 + R)^N ……………………… (2)

FVM = Accumulated amount at maturity = ?

R = semi-annual interest rate on certificate of deposit = Interest rate on certificate of deposit / Number of semiannuals in a year = 8.5% /2 = 0.085 / 2 = 0.0425

N = number of semiannuals = 1 year * Number of semiannuals in a year = 1* 2 = 2

Substituting the values into equation (2), we have:

FVM = $2,256.30 * (1 + 0.0425)^2 = $2,452.16

Therefore, the amount Teresa will have accumulated when this certificate matures is $2,452.16.

3 0

2 years ago

Imagine that you are a manager at Applebee’s, a restaurant chain. Turnover is always a challenge with restaurant employees, and

Daniel [21]

Answer:

D. Your interventions to the core job characteristics are likely to be effective.

C. Growth need strength

8 0

3 years ago

If Zephyr Electronics obtains an 18 percent return on invested capital, which of the following willhelp determine if it has a co

nika2105 [10]

Answer:

A) comparing the return to the return on invested capital obtained by other firms in the industry.

Explanation:

A firm that has developed a competitive advantage over its competitors will to able to either produce the same amount of output using fewer resources, or produce higher output using the same resources than its competitors. A competitive advantage means being more efficient.

So if we want to determine if Zephyr Electronics 18% return on invested capital (ROIC) provides them a competitive advantage over its competitors, we have to compare Zephyr's ROIC with the ROIC of the rest of the major firms in the industry.

7 0

3 years ago

Which of the following statements about fluctuating exchange rates and the related effects on companies competing in foreign mar

Elan Coil [88]

C. Companies that are manufacturing goods in a particular country and are exporting much of what they produce lose out when that country's currency grows weaker relative to the currencies of the countries that the goods are being exported to

Explanation:

Fluctuating exchange rates will cause companies that are manufacturing goods in a particular country and are exporting much of what they produce to lose out when that country's currency grows weaker relative to the currencies of the countries that the goods are being exported to.

If the currency of a country weakens compared to that of another country, the exchange power of such currency reduces.

It simply implies that more of the weak currency will have to be exchange for little of the stronger one.

In this context, comparison is drawn between exchange rates and companies in foreign markets.
For companies manufacturing their goods locally and exporting them, they have to pay more using their weak local currency to source for raw materials.
This will eventually tell on the cost of production of the goods.
To measure up, selling price of the exports will increase.
This can dissuade potential buyers from patronizing them in the foreign market. .
if they decide to keep selling at the previous price, loss can set in.

Learn more:

Inflation brainly.com/question/10432342

#learnwithBrainly

4 0

3 years ago

Read 2 more answers