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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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Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc
Karolina [17]

Answer:

Letter A is correct. <u>Fostering competition.</u>

Explanation:

In this case, it is correct to say that small businesses are fostering competition.

Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.

Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.

4 0
3 years ago
__________-has four components, including _________-, which is the ability to connect to others, build positive relationships, r
34kurt

Answer:

The correct words for the blank spaces are: Emotional Intelligence; Relationship Management.

Explanation:

Emotional Intelligence refers to the ability individuals have to control their emotions in reference to the interactions they have with others. Emotional Intelligence has four (4) factors: <em>Self-Awareness, Self-Management, Social Awareness, </em>and <em>Relationship Management</em>.  

Relationship management involves getting along with others, handling conflict effectively, and using sensitivity to manage interactions successfully.

8 0
3 years ago
Exercise 20-18 Budgeted cash receipts LO P2 Jasper Company has sales on account and for cash. Specifically, 70% of its sales are
horsena [70]

Answer:

$1,756,600.

Explanation:

                                         P2 Jasper Company

                                     Budgeted cash Receipt

                                           For the 2nd quarter

                                                           April                   May                  June

Accounts Receivable                        $400,000

70% in the month of Sale                  $367,500          $374,500      $392,000

30% in the month after Sale                                        $110,250        $112,350

Budgeted cash receipt                     $767,500           $484,750       $504,350

Total budgeted cash receipt for the 2nd quarter = $767,500 + $484,750 + $504,350 = $1,756,600.

30% in the month after sale means 30% amount will be received in the following month.

6 0
3 years ago
1. Improvements in technology.2. Increases in the supply (stock) of capital goods.3. Purchases of expanding output.4. Obtaining
polet [3.4K]

Answer:

1. Which set of items in the accompanying list would move an economy from a point inside its production possibilities curve to a point on its production possibilities curve?

a. 1, 2, 5, and 6 only.

2. More than 75% of the world's income is earned by what percentage of the world's population?

d. 5%.

Explanation:

The above options are the solutions to the  questions asked. In terms of the world's income, 5% of the world's population earns 75% of the world's income.

4 0
3 years ago
An economic system describes how and why resources are transformed into GOODS and SERVICE to satisfy human consumption needs. We
Marta_Voda [28]

Answer:

Minimizing waste

Pareto efficiency

Explanation:

- This is a situation where waste from allocation of goods is reduced to the nearest minimum.

- This is when every economic good is optimally allocated across production and consumption so that no changes made to allocation can make any body better.

3 0
3 years ago
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