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Zina [86]
3 years ago
15

Jack Palomo has deposited $2,500 today in an account paying 6 percent interest annually. What would be the simple interest earne

d on this investment in five years?
A) $750; $95.56.
B) $150; $845.56.
C) $150; $95.56.
D) $95.56; $845.56.
Business
1 answer:
rosijanka [135]3 years ago
8 0

Answer:

Option (A) $750

Explanation:

Data provided in the question:

Principle amount i.e the amount deposited = $2,500

Interest rate = 6% = 0.06

Time = 5 years

Now,

The formula for the Simple interest is given as:

Interest = Principle × Rate of interest × Time

Thus,

Interest = $2,500 × 0.06 × 5

or

Interest = $750

Hence,

Option (A) $750

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Answer:

0.25 or 25%

Explanation:

The computation of the gross profit rate is shown below:

Gross profit rate = Gross profit ÷ Net sales revenue

where,

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= $2,000,000 - $250,000 - $50,000

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And, the Cost of goods sold is $1,275,000

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6 0
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In Macroland there is $10,000,000 in currency. The public holds half of the currency and banks hold the rest as reserves. If ban
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Answer:

$50,000,000; $55,000,000

Explanation:

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3 years ago
1) You are considering purchasing a 20 year bond from Saudi Arabia. You have a required return
inessss [21]

Answer:

$812.20

Explanation:

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Inputting the values into a bond value calculator, the bond value output is : $812.20

This means that the sum of the present value of all likely coupon payment and par at maturity. It is simply the present value of all cash streams it is projected to generate.

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Explanation:

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Companies today are no longer perceived by society as merely profitable entities, it is a social demand that companies assist in the development of society and minimize their impacts on the environment.

When companies develop programs to support society and sustainability, it guarantees the advantages of being better positioned in the market, attracting more investors, adding more value to its products and services and gaining a strategic and competitive advantage in the market.

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The cable company must own a scarce resource. The cable company is experiencing diseconomies of scale. In order for a monopoly t
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Answer:

It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.

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