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
Marat540 [252]
3 years ago
14

Sandy wants to go on a trip in 10 years. If she invests $1,000 per year at the end of each year for 10 years at a 12% interest r

ate, she will accumulate ____ to spend on her trip
Business
1 answer:
atroni [7]3 years ago
5 0

Answer:

$17,549

Explanation:

Data given in the question

Number of years = 10

Invested amount = $1,000 per year

Rate of interest = 12%

So by considering the above information, the accumulated amount is

= Invested amount × future value of an annuity for 12% at 10 years

= $1,000 × 17.549

= $17,549

Refer to the Future value of an annuity table

In order to find out the accumulated amount we simply multiplied the invested amount with the factor

You might be interested in
What do you do if your lender rejects your loan application
Dima020 [189]

Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.

Explanation:

8 0
3 years ago
Millions of software programs have been created and have helped to improve the economy.
tester [92]

Where is the question? Thanks.

4 0
3 years ago
Marcus paid $35 to buy a potato cannon, a cylinder that shoots potatoes hundreds of feet. He was willing to pay $45. When Marcus
julsineya [31]

Answer:

The question is incomplete; Determine the consumer surplus from the original purchase and the additional surplus generated by the resale of the cannon.

Marcus' consumer surplus=  $45-$35= $10

Starling's consumer surplus= $80-60= $20

Marcus'  producer surplus = $60-35 = $25

Explanation:

5 0
4 years ago
Having the benefit of a tutor or coach who models how to do do things such as setting goals, developing strategies, formulating
Elanso [62]

Answer:

SELF - REGULATION

Explanation:

Self - regulation

This involves controlling one's behavior, emotions and thinking in the pursuit of a goal or objective. Self regulation involves setting goals, developing strategies, formulating implementation intention, monitoring performance, and evaluating how well one is doing and so on. It involves knowing techniques that helps adjust one physically, mentally and emotionally in various conditions in order to promote general well being. It also involves managing one's self.

5 0
3 years ago
You sold short JCP stock at $80 per share. Your losses could be minimized by placing a __________. a. limit-sell order b. limit-
san4es73 [151]

Answer:

The correct answer is letter "D": stop-buy order.

Explanation:

A stop-buy order is an order to purchase a stock at a particular price above its current market price. By placing a stop-buy order, the investor sets the price at which he will buy the stock in advance, thus eliminating the risk of missing the price point, the opportunity to buy a stock with good returns, or covering a short position at a reasonable loss instead of allowing the negative trade balance to rise.

So, <em>setting a stop-buy order will help the trader exit the transaction at a specific price to cover losses of a short position at a reasonable risk rate.</em>

3 0
3 years ago
Other questions:
  • Managers are a critical part of any successful organization because​ ________.
    7·1 answer
  • When preparing the statement of cash flows by the indirect method, if current liabilities increase the difference is
    14·2 answers
  • Which type of manager is responsible for production and quality control?
    5·1 answer
  • Sadie and Sam share income equally. For the current year, the partnership net income is $40,000. Sadie made withdrawals of $14,0
    15·1 answer
  • Billy owes a liquidated debt of $3,000 to Rayna, his personal weight trainer. Billy sends Rayna a check for $300 on which he has
    15·1 answer
  • The Reid Co. acquired a piece of land for a new factory paying $100,000. Reid demolished the old building at a cost of $20,000,
    7·2 answers
  • Which of the following statements about marketing is true? Multiple Choice A marketing exchange focuses on making a single trans
    14·1 answer
  • Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man
    10·1 answer
  • On May 27, Hydro Clothing Inc. reacquired 65,000 shares of its common stock at $6 per share. On August 3, Hydro Clothing sold 48
    12·1 answer
  • An extended period of little or no growth in gdp, wages, and prices is a period of?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!