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ololo11 [35]
3 years ago
11

Aryanna invests $30,000 today into an investment that earns 5% annually, but interest is compounded continuously. What is the fu

ture value of this investment 15 years from today
Business
1 answer:
yawa3891 [41]3 years ago
3 0

Answer:

Future Value =$62,367.85

Explanation:

<em>The rate of return earned on the investment can be worked out using the Future value of a lump sum formula. The future value of a lump sum is the amount lump would amount to if interest is earned and compounded at a certain interest rate. </em>

The formula is FV = PV × (1+r)^(n)

PV = Present Value- 30,000

FV - Future Value, - ?

n- number of years- 15

r- interest rate - 5%

Future Value = 30,000× 1.05^15 =62,367.85

Future Value =$62,367.85

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Mallard's Department Store typically sells over a third of all its merchandise in the last two months of the year. Management ha
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Answer:  

contingent workers

                                   

Explanation:

Contingent employees or workers can be described as freelancers, specialists, or any other subcontracted, temporary workers hired on a project-based basis.  These are not just temporary workers, though — this ignores the heavy-value essence and uncertainty of the transient employment of nowadays. Contingent staff in their professions are highly qualified professionals.

Under a Description of Employment (SOW) clause, these people are employed to perform specific tasks. Once the task comes to an end, they quit, although when new project happens, they may be asked to return. As just that, these are not just a firm's staff and also the business person is not responsible for providing ongoing work on a full-time basis.

7 0
3 years ago
Free pts <br>have a nice day​
Pepsi [2]
Answer
Thank you!!!

Explanation
4 0
2 years ago
Read 2 more answers
When a pharmaceutical company introduces a new drug, its research and development costs are ______, and the cost of the chemical
Illusion [34]

Answer:

Start-up cost; variable cost

Explanation:

Start-up cost is the cost incurred in developing a new product. It is a one time cost that is incurred only at the time of creating something new. Start-up cost includes borrowing cost, research and development cost and expenses incurred on technology.

Variable costs change with the change in units of output produced. Cost of chemicals depend on the amount of drugs produced. So, research and development cost is start-up cost and cost of chemical is variable cost.

3 0
3 years ago
The price of a Honda Accord
Sindrei [870]

Answer:

d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.

Explanation:

In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.

real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.

3 0
3 years ago
you inherit $10,000 with the stipulation that you for the first year the money must be invested in two stocks paying 6% and 11%
Crank

Answer:

At 6% $3,529.412 will be invested

At 11% $6,470.588 will be invested

Explanation:

Let x be the investment for 6% stock

And (10,000-x) is the investment it 11% stock

Let I be interest earned on both investments.

Using the formula

Principal(p)= Interest(I)*Rate(r)*Time(t)

p/RT= I

So considering both investments

x/(6%*1)= (10,000-x)/(11%*1)

x/0.06= (10,000-x)/0.11

Cross-multiply

0.11x= 0.06(10,000-x)

0.11x= 600- 0.06x

Rearranging

0.11x+ 0.06x= 600

0.17x= 600

x= 600/0.17= 3,529.412 amount invested at 6%

Amount invested at 11%= 10,000-3,529.412

= 6,470.588

8 0
3 years ago
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