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enot [183]
3 years ago
8

Manny has his money in a savings account earning 3 percent interest. How long will it take his money to double? twelve years, tw

o years, twenty-four years, or eighteen years
Business
1 answer:
melisa1 [442]3 years ago
5 0

Answer:

24 years

Explanation:

Since Manny's savings account is yielding a 3% compound interest, he can use the rule of 72 to determine how much time it will take for his money to double:

years to double = 72 / interest rate  = 72 / 3 = 24 years

The rule of 72 applies to any investment that yields compound interest.

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Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 14 years to maturity, make semiann
beks73 [17]

Answer: -18.80% for bond J, -15.46% for bond K

Explanation:

If interest rates suddenly rise by 2 percent, the percentage price change of bond J is -18.80% while the percentage price change of bond K is -15.46%

The calculation is provided below

8 0
3 years ago
After the manager and employee work together to set the employee’s objectives, what is the next step of mbo?.
mina [271]

The next step after setting objectives is to assign or cascade those objectives to the team members or employees.

<h3>What are the other steps in the MBO process?</h3>

After assigning the objectives to the employees (usually through a line manager), the next steps are to:

  • Monitor performance of those objectives
  • Evaluate performance
  • Reward performance.

Please see the link below for more about Management by Objective:

brainly.com/question/5731723

7 0
2 years ago
Que presion ejerce el deposito sobre el piso?​
Kitty [74]

Answer:

You exert less pressure lying down because you spread the force of your weight over a larger area, thus exerting less pressure.

Explanation:

3 0
3 years ago
According to the agency problem, _________ represent the principals of a corporation.
malfutka [58]
The right answer for the question that is being asked and shown above is that: "a. shareholders." According to the agency problem, shareholders represent the principals of a corporation. They have to represent the whole company as a whole.
5 0
3 years ago
"Keeping track of securities owners for payment of interest or dividends is usually done by the company's"1. Treasure2. Broker3.
Vilka [71]

Answer:

The correct answer is 3

Explanation:

Transfer agent is the one who plays an important or vital role among the investor and the registrar of the company or business. They are those who closely maintain the account balances of the investor and make sure that the shareholders receive the dividends payment in the timely way.

So, the transfer agents of the company, keep or maintain the track of the securities owners for the payment of dividends or interest.

8 0
3 years ago
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