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
Rudik [331]
3 years ago
12

Perform online research and find the formula for calculating compound interest. If Mr. John Chrystal invests $6,000 today (Prese

nt Value) at a compound interest of 9 percent, calculate the Future Value of the investment after 30 years using the compound interest formula. In addition, calculate the Future Value of the investment 30 years from now using a 9 percent simple interest rate. State the difference between the two Future Values (using compound and simple interest). You may use an online calculator to determine the answer.
Business
1 answer:
Murrr4er [49]3 years ago
7 0

Answer:

It is 7,816.79

Explanation:

joemama10110101

You might be interested in
Loan Term - Interest Rate - Monthly Payment24 months - 2.5% - $342.08 36 months - 3% - $232.65 48 months - 4% - $180.63 60 month
a_sh-v [17]

Answer:

Option B 36 months

Explanation:

The reason is that it meets both the budget requirement which is it must be under $250 and must be the one that pays the principle and the interest amount as quickly as possible. So if Markel choses the option with monthly instalments made within 36 which is under $250 then it will also enable him to pay his liabilities as early as possible.

8 0
2 years ago
(1) Given access to the same risk-free asset and the same investment opportunity set of risky assets, an investor's degree of ri
alexandr402 [8]

Answer: C. optimal mix of the risk-free asset and risky asset

Explanation:

Risk aversion simply has to do with how people curtail risk and this is done through the preference for the outcomes that have low uncertainty than those that have high uncertainty.

An investor's degree of risk aversion will determine his or her optimal mix of the risk-free asset and risky asset even if they've access to the same risk-free asset and also the same investment opportunity set of risky assets.

8 0
2 years ago
A cut in tax rates effects equilibrium real GDP through two​ channels: ________ disposable income and consumer​ spending, and​ _
Paha777 [63]

Answer:

increases; increases

Explanation:

A cut in tax rate has numerous advantages and disadvantage to the economy both in long-run and short-run. A cut in tax rates increases the discretionary cash flow of people, which drives them to expand their utilisation spending. A cut in charge rates increment the size of the multiplier impact

3 0
3 years ago
Determine the standard direct materials cost per unit of finished product, assuming that there was no inventory of work in proce
Delvig [45]

Answer:

Explain to question or attach image

Explanation:

you need to explain your question better so you can have an answer

6 0
3 years ago
Producers of a strong brand sometimes sell it to dealers only if the dealers will take some or all of the rest of its line. This
never [62]

Answer:

The correct answer is C

Explanation:

Full line forcing is the term which is described as the supplier or the producer which insistence the dealer that must carry the full range of the products in the line.

The policy may or may not be illegal if it could be established that it could serve the legitimate need of the business.

3 0
2 years ago
Other questions:
  • A combination of news covered by the media that boosts sales without having to pay is best described by the term ________.
    11·1 answer
  • Organizations are increasingly adjusting their processes and positioning their products as environment friendly and sustainable
    5·1 answer
  • Suppose that consumption depends on the interest rate. how if at all does this alter the conclusions
    5·1 answer
  • Common ownership interest in a business, sharing profits (or losses) of a business, and the right to participate in managing the
    6·1 answer
  • LO 1.2What are the key differences between financial accounting and managerial accounting?
    8·1 answer
  • Given these observed times (in minutes) for four elements of a job, determine the observed time (OT) for each element. Note: the
    12·1 answer
  • Suggett Corporation's net cash provided by operating activities was $34; its income taxes were $12; its capital expenditures wer
    14·1 answer
  • What is the present discounted value of $10,000 that is to be received in 2 years if the market rate of interest is 4 percent?
    12·1 answer
  • You are given the following information for Watson Power Co. Assume the company’s tax rate is 24 percent. Debt: 14,000 6.3 perce
    7·1 answer
  • Question: SANDHILL CO. Balance Sheet Assets Cash $29,100 Supplies (a) Equipment (net) 61,000 Total assets $...
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!