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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

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3 years ago
A real estate company places ads on a local newspaper's website. The real estate company pays the newspaper based on how many ti
vlada-n [284]

Answer:

cost per click (CPC) or pay per click (PPC) pricing, the name depends on who provides the service, but the concept is the same.

Explanation:

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4 years ago
Why is vocabulary important?<br> What is Promotion?<br> Why is Promotion important in marketing?
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6 0
3 years ago
Jan is unmarried and has no children, but she provides all of the financial support for her mother, who lives in an apartment ac
Morgarella [4.7K]

Answer:

B. Head of household

Explanation:

Head of household is one of the filing status for taxes in the United States that has advantage of wider tax bracket and larger standard deduction. The following criteria is needed to file as head of household:

- should be unmarried by end of year

- maintaining their own residence or residence of parent

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7 0
4 years ago
Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable costs are $150 per unit. T
iVinArrow [24]

Answer:

The amounts of pretax and after-tax income can the company expect to earn from these predicted changes are $1,795,000  and $1,436,000  respectively.

Explanation:

The sales less the variable cost gives the contribution margin.

The contribution margin less the fixed cost gives the net operating income.  Furthermore, net income is the difference between the total sales and the total costs (fixed and variable).

Both sales and variable cost are dependent on the number of units sold.

with these expected changes,

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After tax income

= 80% * $1,795,000

= $1,436,000

4 0
3 years ago
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