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3 years ago

Explain the difference between primary and secondary industries

Business

1 answer:

Lera25 [3.4K]3 years ago

3 0

Answer:

Primary Industries would be the sending of raw materials.

Secondary industries would be the manufacturing of raw materials and then sending them.

Explanation:

Primary would include, corn, apples, wood, real christmas trees, coal, and iron.

Secondary would include, paper made from wood, and a basket woven from straw. Also, cars made from steel.

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4 years ago

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The average annual return over the period 1926-2009 for the S&P 500 is 12.0%, and the standard

arsen [322]

Answer:

C) -30.6%, 54.6%

Explanation:

95% Confidence Interval = (Average Return - 2*Standard Deviation, Average Return + 2*Standard Deviation)

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3 years ago

Assume the following information. You have $1,000,000 to invest. Current spot rate of pound = $1.30 90-day forward rate of pound

Softa [21]

Answer:

$ 1,024,000

Explanation:

Spot Rate : 1 Pound = $ 1.30

3 Months Forward Rate = $ 1.28

3 Months Deposit rate in US = 2.25%

3 Months Deposit rate in Great Britain = 4%

Total Amount of Investment = $ 1,000,000.

Step 1:

Convert $ 1,000,000 into Pounds using Spot rate (i.e., 1 Pound = $ 1.30).

We will get,

= $1000,000 ÷ 1.30

= 769230.76923 Pounds.

Step 2:

Invest 769230.76923 Pounds in great Britain for 3 months at an interest rate of 4%.

Therefore, we have an interest of 30769.23076 Pounds.

Hence, the total realizable value after 3 months:

= 769230.76923 + 30769.23076

= 800,000 Pounds

Step 3:

Convert 800,000 Pounds into Dollars using Forward rate (i.e., 1 Pound = $ 1.28).

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= 800,000 Pounds × $ 1.28

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3 years ago

winston baker will invest $25,000 in a spa that his sister is starting. he will triple his investment in six years. what is the

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Winston Baker will put $25,000 into his sister's new spa. In six years, he will have tripled his investment. Winston has been promised a 20% rate of return.

<h3>What is meant by Rate of returns?</h3>

The annual rate of return is the percentage change in an investment's value. For instance, if you assume a 10% annual rate of return, you are assuming that the value of your investment will rise by 10% each year.

A rate of return (RoR) is the net gain or loss of an investment over a given time period expressed as a percentage of the initial cost of the investment.

When you calculate the rate of return, you are calculating the percentage change from the beginning to the end of the period. ROI is calculated by subtracting the initial cost of the investment from the final value, dividing the result by the cost of the investment, and finally multiplying it by 100.

To learn more about Rate of returns, refer to:

brainly.com/question/24301559

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1 year ago

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4 years ago

Explain the difference between primary and secondary industries ​

Explain the difference between primary and secondary industries