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kifflom [539]
2 years ago
6

If an investment of $40,000 is earning an interest rate of 12.00%, compounded annually, then it will take 4.50 years for this in

vestment to reach a value of $66,610.22 ________ assuming that no additional deposits or withdrawals are made during this time.
Business
1 answer:
enot [183]2 years ago
8 0

Answer:

4.5 years

Explanation:

The computation of the number of years is shown below:-

Future value = Present value × (1 + interest rate)^n umber of years

$ 66,610.25 = $40,000 × (1 + 0.12)^n

$1.665256 = (1.12)^n

LN 1.665256 = n LN 1.12

0.509979 = n × 0.113329

n = 4.499

or

= 4.5 years

Therefore for computing the number of years we simply applied the above formula.

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Nutka1998 [239]

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<h3>What does a 2-for-1 stock split do?
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When a stock is split in this manner, it means that there will now be two stocks for every stock there was before.

This means that the price of every stock will be halved. This increases marketability because the lower market price makes the stock cheaper for people to buy.

Find out more on stock splits at brainly.com/question/14247504.

7 0
1 year ago
Unemployment insurance makes workers _____ likely to negotiate for job security when searching for a job and _____ likely to hav
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Explanation:

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7 0
3 years ago
In business, it is customary to praise individualistic competition and denigrate collective bargaining in all forms. However, in
GuDViN [60]

Answer:

What lessons are we to learn from this?

The Hanseatic league, just like the Northern Italian City-States of the Late Middle Ages, are early examples of capitalism: they represent proto-capitalism.

In the cities that belonged to the Hanseatic League, the work of merchants was promoted, and capital accumulation and the profit motive began to develop. However, this does not meant that cooperation was out of place. The merchants cooperated voluntarily because they could get more working in association.

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There will always be the prospect for more merchant leagues, because people naturally cooperate if it is in the benefit of all the parties.

In fact, trade unions and economic unions could be seen as a form of merchant league, that are created by states instead of individual merchants.

3 0
3 years ago
1. A growing number of managers believe that in order to work on difficult business problems, they must refrain from looking at
anastassius [24]

Answer:

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However, emails are a vital part of business communications in this Era. And it should be given priority as well. However, having a specific time frame to read emails is essentials as this takes the focus and attention away.

Explanation:

4 0
3 years ago
Do you think calling an employee a subordinate will impact their motivation levels?
WITCHER [35]

Answer:

I believe that referring to the employee as a subordinate can negatively affect the employee's motivation levels.

Explanation:

Although an employee is subordinate to the company owner, or to other high-ranking employees, such as a manager, for example. Referring to the employee as a subordinate can negatively affect the employee's motivation and productivity. This is because this word can pass a tone of devaluation, where the employee can understand that he is not esteemed and necessary within the company. The feeling of irrelevance, can leave the employee saddened and unwilling to do his best work within the institution.

8 0
2 years ago
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