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Mashutka [201]
4 years ago
10

If you deposit money today in an account that pays 8.25% annual interest, how long will it take to double your money? Round to t

he nearest year.
Business
1 answer:
jolli1 [7]4 years ago
5 0

Answer: 9 years

Explanation:

Lets say you deposited $100, in which year 100 will 200

100×(1.0825)^x=200

X=LOG(1.0825)(2)

X=8.79

Therefore, it will take about 9 years to double your money

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Horizontal, vertical, and related acquisitions to build market power: Group of answer choices are likely to undergo regulatory r
Temka [501]

Answer:

likely to undergo regulatory review by various governmental entities.

Explanation:

A horizontal acquisition refers to the business strategy where the one company could take the other company that operates at the similar level while on the other hand the vertical integration is the integration where the business operation could be acquired with the similar kind of production

So these types of acquisition should established the market power through which the regulatory review could be undergone via a different government entities

5 0
3 years ago
Your parents will retire in 29 years. They currently have $200,000 saved, and they think they will need $2,400,000 at retirement
zhannawk [14.2K]

Answer:

8.95%

Explanation:

Data provided in the question:

Time, n = 29 years

Principle amount = $200,000

Future value = $2,400,000

Now,

Using the compounding formula

Future value = Principle × [ 1 + r ]ⁿ

here,

r is the interest rate

Thus,

$2,400,000 = $200,000 × [ 1 + r ]²⁹

or

[ 1 + r ]²⁹ = 12

taking the natural log both the sides, we have

29 × ln(1 + r) = ln(12)

or

ln(1 + r) = 0.08569

or

1 + r = e^{0.08569}

or

1 + r = 1.0895

or

r = 0.0895

or

r = 0.0895 × 100% = 8.95%

3 0
3 years ago
A firm's current profits are $1,400,000. These profits are expected to grow indefinitely at a constant annual rate of 4 percent.
Tema [17]

Answer:

a. $49,933,333.33 million

b. $48,533,333.33 million

Explanation:

The computations are presented below:

a. For current profits as dividends in before case

= Profits × (1 + opportunity cost) ÷ (opportunity cost - growth rate)

= $1,400,000 × (1 + 0.07) ÷ (0.07 - 0.04)

= $1,400,000 × 35.6666

= $49,933,333.33 million

b. For current profits as dividends in after case

= Profits × (1 + growth rate) ÷ (opportunity cost - growth rate)

= $1,400,000 × (1 + 0.04) ÷ (0.07 - 0.04)

= $1,400,000 × 34.6666

= $48,533,333.33 million

3 0
4 years ago
Mike's Fish Market is implementing a project that will initially increase accounts payable by $6,100, increase inventory by $2,8
Feliz [49]

Answer:

The net working capital is -$4600.

Explanation:

Use the below formula to calculate net working capital:

Net working capital = Total current assets – Total current liability  

Total current liability = $6100

Total current asset =  increase in inventory –decrease in account reciveable  

Total current asset = $2800 – 1300

= $1500

Now, Net working capital = Total current assets – Total current liability  

Net working capital = $1500 – $6100

= - $4600

Thus, net working capital is -$4600.  

7 0
3 years ago
Rachel manages security for a small bank and has a firewall at the gateway as well as one at each network segment. Each firewall
ElenaW [278]

Answer:

<em>Integrate with SIEM</em>

Explanation:

Security information and event management (SIEM) is <em>a security management approach that integrates the roles of SIM (Security Information Management) and SEM (Security Event Management) into one security management system. </em>

The first step to be taken is to integrate it with a SIEM so that all logs are consolidated and protected. Honeypot and honeynet are completely unrelated to the scenario and it is a great idea to integrate with AD, but it does not boost the setup of the firewall.

3 0
3 years ago
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