1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
astra-53 [7]
3 years ago
12

You invest a single amount of $14,800 for 7 years at 15 percent. At the end of 7 years you take the proceeds and invest them for

14 years at 17 percent. How much will you have after 21 years
Business
1 answer:
maria [59]3 years ago
7 0

Answer:

Value of investment after 21 years = $354,608.11

Explanation:

<em>The value of an amount invested at a certain rate of return for certain number of years where  interest compounded annually is known as the future value. </em>

<em>The future value of an investment can be determined using the future value formula. This formula is stated below:</em>

FV = PV × (1+r)^(n)

FV - Future Value , PV- Present Value, r-rate of return, n- number of years

For the first round of investment 15% for 7 years, future value would be:

FV = 14,800 × (1.15)^(7) =   39,368.29  

Second round of investing 17% for 14 year, future value would be

FV = 39,368.29 × (1.17)^(14)= 354,608.11

Future Value =$354,608.11

Value of investment after 21 years = $354,608.11

You might be interested in
Which is the difference between static storage systems and dynamic storage systems
arlik [135]

Answer:

In a static storage area each product is assigned a specific area, whereas in dynamic storage, product locations and fluid and as such are subject to change.

3 0
3 years ago
When a manager deciding how to most fairly identify internal candidates for a promotion she is making a __________.
s2008m [1.1K]

Answer:

A) <em>a moral judgement.</em>

Explanation:

(´・ω・`) hope this helps!

7 0
2 years ago
The difference between distributive negotiation strategies and integrative negotiation strategies is that (1) distributive strat
Karolina [17]

Answer:

C. The second statement is correct

Distributive strategies focus on dividing the pie and integrative strategies on expanding the pie.

Explanation:

Distributive negotiation is a type of negotiation that both parties agrees to sharing existing resources within themselves so that they can part ways and it's mostly a win-lose situation while the integrative negotiation is a type where both parties seek to further expand the existing resources be looking forward to a collaborative process, it's always a win-win situation for both parties.

5 0
3 years ago
Sun-Jun is the executive general manager of a U.S.-based multinational corporation. Marisol is a manager in a similar position b
Norma-Jean [14]

Answer: A. choosing an appropriate mode for entering a particular foreign country

Explanation:

The options to the question are:

A. choosing an appropriate mode for entering a particular foreign country

B. developing a business strategy

C. marketing a product or service

D. adhering to labor and environmental standards

E. maintaining healthy relations with the U.S. government.

From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.

Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.

4 0
3 years ago
Diamond Company is considering investing in new equipment that will cost $1,400,000 with a 10-year useful life. The new equipmen
Rom4ik [11]

Answer:

6.1 y

Explanation:

Diamond Company

New equipment÷(Annual net income +Depreciation expense)

New equipment$1,400,000

Annual net income $90,000

Depreciation expense $140,000

$1,400,000 ÷ ($90,000 + $140,000)

=$1,400,000÷$230,000

= 6.1 y

Therefore the cash payback period will be 6.1 years

5 0
3 years ago
Other questions:
  • Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
    12·2 answers
  • The purpose of the snapple video is to help students understand how _________ is an effective strategy implementation tool.
    8·1 answer
  • One of the goals of the federal reserve is price stability. for the fed to achieve this​ goal,
    10·1 answer
  • Gilchrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginni
    15·1 answer
  • When a purchaser authorizes a broker to collect their commission from the listing broker or seller pursuant to an Exclusive Righ
    5·1 answer
  • Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed co
    11·2 answers
  • Classify​ Lawlor's costs as period costs or product costs. If the costs are product​ costs, further classify as direct​ material
    15·1 answer
  • Using the following data, prepare a statement of revenues, expenditures, and changes in fund balance for the General Fund of Jas
    10·1 answer
  • Michelle is typing an e-mail to team members. The e-mail includes some issues that were discussed during a meeting and decisions
    6·1 answer
  • Workers typically get dirty if they work at a job site for
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!