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Schach [20]
3 years ago
9

How much is ​$100 to be received in exactly one year worth to you today if the interest rate is 20​%?

Business
1 answer:
laiz [17]3 years ago
5 0

Answer:

Final Value= $120

Explanation:

Giving the following information:

How much is ​$100 to be received in exactly one year worth to you today if the interest rate is 20​%.

We need to calculate the future value of the principal and the compounded interest:

FV= PV*(1+i)^n

FV= 100*1.20^1= $120

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8 0
1 year ago
Supervisors counting cash receipts daily is an example of:.
netineya [11]

Answer:

Independent internal verification

Explanation:

3 0
2 years ago
Under what conditions would a nation be viewed as being neither a net borrower nor a net lender in the international economy?.
irakobra [83]

Answer: trade balance of zero

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7 0
2 years ago
How can you improve your credit score?
BARSIC [14]

Answer:

Explanation:

According to Forbes, some ways to raise a credit score quickly include raising credit limits, keeping accounts open and paying bills on time

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6 0
2 years ago
In which business organizations will all the owners be allowed to manage or control the entity while enjoying limited liability?
barxatty [35]

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