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3 years ago

At the heart of every economic system is:

Business

2 answers:

Nat2105 [25]3 years ago

7 0

A. A set of ideas .................

fredd [130]3 years ago

3 0

B or A bcus economic is based on policy’s and ideas

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If $5000 is invested at an interest rate of 4% each year, what is the value of the investment in 5 years? write an exponential f

Alex Ar [27]

The compound interest amount after 5 years be $6,083.26.

<h3>What is compound interest?</h3>

Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.

Compound interest is when you receive interest on both your interest income and your savings.

If this value was compounded in 5 years, then we are going to utilize the compound interest formula to solve it.

$A = p(1+r)^n$

Where A be the amount accumulated for the entire period.

p be the Money invested

r be the Interest rate per year

n be the period the money was invested.

$A = 5000(1+4/100)^5$

The exponential function is

$A=5000*1.04^5$

= 5000 $*$ 1.216652902

= 6,083.264512

The amount after 5 years be $6,083.26

The compound interest amount after 5 years be $6,083.26.

To learn more about compound interest refer to:

brainly.com/question/24274034

#SPJ4

4 0

1 year ago

This area offers the broadest possible range of job options:

RSB [31]

probably New York i think so

4 0

3 years ago

There are 5 applicants for a job, all of whom have different qualifications. the employer is in a hurry, and does not interview

Alenkinab [10]

To choose the two best, we have a target of two candidates, A & B
The first one chosen is either A or B, with a propability of 2/5.
The second one is the only interested candidate out of 4, so 1/4.
So probability of choosing the best two is 2/5*1/4=1/10.

Alternatively, use the combination formula,
P(AB in any order) = 5!/(2!3!)=120/(2*6)=1/10
or in general,
n choose r = nCr = n!/(r!(n-r)!)

5 0

3 years ago

It costs Bluffton Company $18.20 of variable costs and $7.80 of fixed costs to produce its product that sells for $39. Cointreau

Vikentia [17]

Answer:

increase by $15,600

Explanation:

Fixed cost remains constant throughout a period. If production is through the use of idle capacity, fixed cost will not change.

Change is income will result from the total contribution margin realized from the special order.

The total contribution margin is the contribution margin per unit multiplied by total units.

Contribution margin per unit = special offer price - variable costs

=$23.40- $18.20

=$5.20

change in income will be $5.20 x 3000

=$15,600 increase

6 0

2 years ago

Andrew Lighting purchases a factory and all of the equipment, computers, and vehicles within it. Andrew begins production of lam

alexandr1967 [171]

Answer: Factory

Vehicles

Equipment

Explanation:· A fixed asset is a long-term tangible asset a company owns and uses in its production activity to earn an income.

The computer isn't a fixed asset to Andrew because he doesn't use it in his production process.

3 0

3 years ago