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padilas [110]
3 years ago
14

A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its value after 7 years? Round the

answer to nearest dollar.
Business
1 answer:
xz_007 [3.2K]3 years ago
6 0

Answer:

$3,900

Explanation:

A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its value after 7 years?

Round the answer to nearest dollar.

Amount of depreciation per annum =  13,000 x 10% = $1,300

Amount of depreciation in 7 years = 1,300 x 7 = $9,100

Value of Speed boat after 7 years = 13,000 - 9,100 = $3,900

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As chief financial officer, you want to send the fourth quarter profit/loss spreadsheets to the president of the company. How ca
adoni [48]

The chief financial officer can send the Financial report without worrying that someone else will access it by encrypting the report, with accessible key only known by the chief financial officer and President.

Usually, there are situation when a third party (like the President assistant) can assess his mails through delegation , therefore, the chief financial officer needs to ensures the financial report are not accessible by him

Therefore, the chief financial officer can send the Financial report without worrying that someone else will access it by encrypting the report, with accessible key only known by the chief financial officer and President.

In conclusion, encryption of the financial report is the best way to ensure others does not have access to it.

Read more about this here

<em>brainly.com/question/8455171</em>

4 0
2 years ago
The Lancet, a leading medical journal, published a paper on a possible link between autism in children and the measles, mumps, r
Arada [10]

Answer: The correct answers are "A. The study included a large number of children who had been immunized against MMR and showed signs of autism", "D. The MMR vaccine contains themerosal, a preservative known to increase the risk of autism" and "C. The survey was conducted on a large group whose members were randomly selected ".

Explanation: Clearly, statements A, C and D are statements that if true would help to conclude that there is a cause and effect relationship between vaccines and autism since it indicates that a random (objective) sample was taken within which It includes children who have received the vaccine and had signs of autism and states that the vaccine contains a preservative that increases the risk of autism.

7 0
3 years ago
Equipment with a book value of $84,000 and an original cost of $167,000 was sold at a loss of $34,000. Paid $109,000 cash for a
adoni [48]

Answer:

$443,400

Explanation:

The computation of cash flows from investing activities is shown below:-

For computing the cash flows from investing activities we need to find out first the Sale of equipment

= $84,000 - $34,000

= $50,000

Net cash paid by investing activities = Sale of equipment - Purchase of new truck + Sale of land + Sale of Long-term investments

= $50,000 - $109,000 + $410,000 + $94,200

= $443,400

3 0
3 years ago
An individual is planning to set-up an education fund for her daughter. She plans to invest $7,700 annually at the end of each y
daser333 [38]

Answer:

$96,154.20

Explanation:

We are to find the future value of the annuity

The formula for calculating future value = A (B / r)

B = [(1 + r)^n] - 1  

A = Amount

R = interest rate  

N = number of years

[(1.08)^9 - 1 ] / 0.08 = 12.487558

12.487558 x $7,700 = $96,154.20

4 0
3 years ago
Lynn Bernerd, Inc., manufactures and sells reclining furniture. The company currently operates in the United States but wishes t
xeze [42]

Answer:

E) Trading company

Explanation:

In international trade, trading companies are basically wholesalers that work at an international level. They usually purchase products from different businesses and then resell them to local retail businesses or sometimes final consumers (less common). Trading companies generally enter a exclusive distribution agreement with the manufacturer per region or country that they operate in.

3 0
3 years ago
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