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Darina [25.2K]
3 years ago
10

On July 14 joseph invested $12000 in a fund that was growing at 5% compound semi annually

Business
1 answer:
kramer3 years ago
5 0

Answer:

$12,300

Explanation:

I will assume that Joseph invested in the fund on July 14, 2013.

We have to calculate the future value to March 15, 2014 (8 months later).

since the interest is compounded semi annually, it will earn interest on January  14, 2014.

Future value = $12,000 x (1 + 2.5%) = $12,300

since the fund is going to earn interests again on July 14, 2014, the value on march 14 is the same = $12,300

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Last year the company had net operating income of $450,000 on sales of $1,500,000. Lost Peak’s average operating assets for the
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Answer:

$280,000

Explanation:

Computation for the company’s residual income for the year

Using this formula

Residual Income=Operating income- (Average operating assets×Rate of return)

Let plug in the formula

Residual Income = $450,000 – ($1,700,000 x 10%)

Residual Income=$450,000-$170,000

Residual income=$280,000

Therefore te company’s residual income for the year will be $280,000

5 0
3 years ago
Which formula best describes the amount an insurance company will pay you for your loss?
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A) Payment = Loss - Deductible
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3 years ago
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If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches and the equilibrium price is $70 per wa
IrinaVladis [17]
This item is asking us to determine the number of truckloads of watches that needs to be manufactured in order to reach equilibrium. If we let x be the number of watches then, the equation that would best describe the given is,
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The value of x from the equation is 1575. Thus, the company needs to manufacture 1575 watches. 

8 0
3 years ago
Household​ production, such as baking bread at​ home, is not included in gdp because it.
Darina [25.2K]

Household​ production, such as baking bread at​ home, is not included in GDP because it <u>does not involve a market transaction.</u>

<u></u>

<h3><u>What exactly is a market transaction?</u></h3>

The trading of commodities and services on a market. When calculating gross domestic product, the set of market transactions that take place in the economy is crucial (GDP). Market transactions offer the fundamental information that the Bureau of Economic Analysis' number crunchers use to start estimating GDP.

These number crunchers' objective is to assess economic production rather than merely market transactions. As a result, they boost economic production while removing those market transactions that do not entail it.

Learn more about GDP with the help of the given link:

brainly.com/question/16931817

#SPJ4

6 0
2 years ago
Angelo’s boss frequently exhorts his subordinates to work harder by promising them a substantial bonus at the end of each quarte
Snowcat [4.5K]

Answer:

Valence

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According to Victor Kroom, creator of the Expectancy Theory, valence is the significance associated by an individual about the expected outcome. It is an expected and not the actual satisfaction that an employee expects to receive after achieving the goals.

7 0
3 years ago
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