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Margarita [4]
4 years ago
9

Kendall is investing $3,333 today at 3 percent annual interest for three years. Which one of the following will increase the fut

ure value of that amount?Shortening the investment time periodPaying interest only on the principal amountPaying simple interest rather than compound interestPaying interest only at the end of the investment period rather than throughout the investment periodIncreasing the interest rate
Business
1 answer:
Andreyy894 years ago
6 0

Answer:

Increasing the interest rate

Explanation:

Future values and interest has direct relationship, if the interest rate increase, the future values increase.

The only way the Future value is gonna increase is if the interest rate increases.

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Lako Systems studied the performance of 15 line workers who attended a training program and compared their performance with a co
konstantin123 [22]

Answer:

D. return on investment.

Explanation:

The purpose of this comparison is to evaluate the training program on the criterion of return on investment.

In Business management, Return on Investment (ROI) is a metric mostly used by employers as an assessment and evaluation tool of a training program over a period of time.

5 0
3 years ago
Why would a bank be more likely to make a loan to someone with a FICO score of 750 rather than someone with a score of 500? a) T
Archy [21]

Answer:

c) The higher the score, the less risk to the lender that the borrower will be past due on their payments

Explanation:

Fair Isaac Corporation scores are used to measure the creditworthiness of a borrower. The higher the credit scores, the higher the chances of the borrower paying back what was borrowed. Credit scores are in ranges. Credit scores below 500 are rated as Poor and indicates that the borrower's chances of returning what was borrowed are very low.

Credit scores between 740-799 are rated as very good and indicate that the borrower would be prompt in the repayment of his loan.

8 0
3 years ago
Read 2 more answers
Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tick
labwork [276]

Answer:

Explanation:

Job 11-101=$3,880

Job 11-102= $2,630

Job 11-103= $2,080

Job 11-104= $3,190

Job 11-105= $2,080

Total            13,860

Direct labor rate = $18

Predetermined overhead rate = $22

Direct labor hour = 13,860/18 = 770 hours

Applied factory overhead rate = 770 *22 = $16,940

                                      Factory labor cost

                                       Dr                        Cr

Work in progress        13,860

Factory Overhead       18,000

Wages payable                                          31,860

                                    Factory Overhead

Work in progress        16,940

Factory overhead                                       16,940

7 0
3 years ago
A customers calls her broker to discuss her account. The broker recommends that the customer buy 500 shares of DEF stock. The cu
KIM [24]

Answer:

A. <u>Market Order</u>

Explanation:

In a market order, the securities are bought and sold immediately at the current market price prevailing at that time of the day.

Under this, order size is entered such as quantity of stock, the action to be taken i.e buy or sell and no buying/selling rate is mentioned, rather "market" option is checked.

Such market price keeps fluctuating every every moment so the order would be completed at that price which prevailed at that exact moment.

In the given case, the broker upon instructions of the client immediately got the order executed of 500 shares in less than a minute. This is the case of market order wherein the order was executed at current market price.

3 0
4 years ago
Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
Pepsi [2]

Answer:

$519,799.59

Explanation:  

Discount rate = R = 14.50%

Year    Cash flows     Discount factor     PV of cash flows

1            218,000.00          0.873362            190,393.0131  

2           224,000.00          0.762762           170,858.6793

3           238,000.00          0.666168            <u>158,547.9011</u>

          Total of PV = NPV =                           <u> $519,799.59</u>

<u />

Note:

Df = 1/(1+R)^Year

PV of cash flows = Cash flows x Df

7 0
3 years ago
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