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White raven [17]
3 years ago
5

You have $11,000 and will invest the money at an interest rate of .33 percent per month until the account is worth $17,200. How

many years do you have to wait until you reach your target account value
Business
1 answer:
Diano4ka-milaya [45]3 years ago
4 0

Answer:

1.5 years

Explanation:

The number of years for reaching the target value, it will be computed using the excel formula which is as:

=Nper(Rate,pmt,pv,fv,type)

where

nper is number of years

rate is 33%

Pmt is monthly payment which is $0

pv is present value which is -$11,000

fv is future value which is $17,200

type is 0

So, putting the values above:

=Nper(33%,0,-11000,17200,0)

=1.5 years

Therefore, the number of years it will take to reach the amount of $17,200 from investing $11,000 today is 1.5 years.

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Radda [10]

Answer:

$3.2 million

Explanation:

The revenue and gross profit or loss which the company identify in the first and second year if it recognizes revenue upon contract completion is calculated below.

Total costs = Incurred costs + estimated costs to complete = $8 million + $12 million = $20 million

Revenue to recognize = $8m/$20m*$28m = $11.2 million

Gross Profit = Revenue recognized less costs incurred

= $11.2m - $8m = $3.2 million

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3 years ago
How have graeter's owners used the four factors of production to build the business over time?
Kaylis [27]
The Graeter's proprietors utilized the four elements of generation to fabricate the business after some time. The four components are arrive, work, capital, and business enterprise. The land is utilized on the grounds that they based the underlying start-up of the organization through their own particular home. They didn't utilize any cash attempting to set up their business.
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3 years ago
HELP ME PLSSS SOMEONE HELPP ILL GIVE BRAINLIEST
SIZIF [17.4K]

Answer:

$7,875

Explanation:

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Commission at the  rate of 7%,

Salary for January is :

7 percent of $112,500

=7/100 x $112,500

=0.07 x $112,500

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3 0
3 years ago
Athens Delivery Service is hired on October 31, 2018 to perform services, beginning on November 1, 2018. The delivery services w
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ale4655 [162]

Franklin replies that Ashley should add information about the job responsibilities, work schedule, and starting date.

<u>Explanation:</u>

The job offer letter is delivered by the authority to permit and ask an individual officially to join the firm or an organization under given time period by responding in respective manner. This offer letter for job joining carry various basic information like

  • Job profile: which carry the type of work candidate need to perform in firm.
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