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Paladinen [302]
3 years ago
5

Pierce currently has $10,000. What was the value of his money five years ago if he has earned 5 percent interest each year?. . .

A.. . $7,462.15. . . . . B.. $7,835.26. . . . . C.. $8,548.04.
Business
2 answers:
Juliette [100K]3 years ago
8 0

Answer:

B. 7,835.26

Explanation:

Vladimir [108]3 years ago
5 0
Amount = $10000
Let us assume the principal = x
Amount of interest = 5%
Time = 5 years
Then
x (1 + i)^t = 10000
x(1 + 0.05)^5 = 10000
x(1.05)^5 = 10000
1.28x = 10000
x = 10000/1.276281
   = 7835.26
From the above deduction, it can be easily concluded that the correct option among all the options that are given in the question is the second option or option "B".
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Answer: E

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4 0
3 years ago
Immediately after an ice storm brought down power lines throughout the region, hardware stores were sold out of batteries and fl
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Answer: Market allocates goods effectively.

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2 years ago
Read 2 more answers
The difference between a divine command view and authoritarian view is that the authority figure is different. true or false?
taurus [48]

The difference between a divine command view and authoritarian view is that the authority figure is different-Yes the statement holds true

Explanation:

<u>In a Divine Command of View</u>

we often come across statement like -"I would do what God or the scriptures say is right'

As per this point of view the  right and wrong are determined by a supernatural supreme being, whose will we discern from sacred texts and divinely inspired messengers.

<u>Authoritarian View</u>

An example of Authoritarian view is sentence like " I would follow the advise of an authority"

According to this view  the  right and wrong is decided by the authorities.The power of taking decision rest in the hands of a particular authority.

Downside of this view is that : authorities do not always reflect wisdom and not all authorities agree.

As you can see that the difference between the two view point is the authority figure.So the answer is True

8 0
3 years ago
Need Help ASAP<br> Its a Career Planing
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Answer:

All of the above

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The following data concerning the retail inventory method are taken from the financial records of Welch Company. Cost Retail Beg
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Answer:

$ 168,000

Explanation:

Include both Mark-ups and Mark-Downs and Exclude beginning inventory

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