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
solmaris [256]
3 years ago
9

You are considering investing $6,789 at an interest rate of 7.345% compounded annually for 15 years or investing $6,789 at an in

terest rate of 8.123% for 15 years. Which is a better investment option?
Business
1 answer:
zaharov [31]3 years ago
3 0

Answer:

$6,789 at an interest rate of 8.123% for 15 years

Explanation:

As in the question, it is mentioned that there are two investment options who are compounded annually and the invested amount is also the same but the rate of the interest is different. In the first investment option, the rate of interest is 7.345% and in the second option, the rate of interest is $8.123%

The higher rate of interest, the better investment option it was as it gives the highest return as compare to the first investment option

You might be interested in
The Federal Reserve ________ pay interest on reserves held on deposit. The European System of Central Banks ________ pay interes
aliina [53]

The Federal Reserve does not pay interest on reserves held on deposit. The European System of Central Banks does pay interest on reserves held on deposit.

<h3>Federal Reserve Board</h3>
  • In the past, reserve banks were unable to offer interest on deposits. The Emergency Economic Stabilization Act of 2008 brought about a shift in that.
  • The Federal Reserve Board had to increase the size of its balance sheet by purchasing Treasuries and mortgage-backed securities in order to increase the amount of liquidity available to the banking sector.

<h3> European System of Central Banks</h3>
  • The major objective is to preserve price stability or the euro's worth. Price stability is the most significant contribution monetary policy can make in this area because it is crucial for economic growth and job creation, two goals of the European Union.
  • The ECB has four decision-making bodies with the authority to carry out the institution's goals.

To learn more about Federal reserve Board refer to:

brainly.com/question/13084954

#SPJ4

5 0
2 years ago
The growth of industry is related to the growth of immigration in the late 19th century because:
Hatshy [7]

Answer:

Mark me as brain list

Explanation:

The researchers believe the late 19th and early 20th century immigrants stimulated growth because they were complementary to the needs of local economies at that time. Low-skilled newcomers were supplied labor for industrialization, and higher-skilled arrivals helped spur innovations in agriculture and manufacturing.

8 0
2 years ago
T or F #9 LAST ONE QUICKLYYY
Vitek1552 [10]

Answer:

TRUE OK BRO I AM HERE FOR U

3 0
3 years ago
Independent contractors should purchase __________ liability insurance, which provides protection from liability as a result of
nevsk [136]

Answer:

professional liability insurance

Explanation:

Professional liability insurance protects businesses (an independent contractor is a one person business) against liability resulting from errors and omissions. It covers any harm caused to a customer as a result of professional service or advice. This type of policy generally covers negligence, copyright infringement, personal injury, etc.

Professional liability insurance is generally purchased by businesses that offer the following services:

  1. professional service s
  2. professional advice
  3. contractual services
5 0
2 years ago
Market structure is determined by the Group of answer choices None of the Answers are Correct. Annual revenue, costs, and profit
nignag [31]

Market structure is determined by the number and relative size of the firms in an industry.

  • Market structure describes how different industries are categorized and distinguished based on how fiercely and in what ways they compete with one another for customers' goods and services. There are four different kinds of market structures: monopolistic competition, oligopolistic markets, perfect competition, and monopolistic markets.
  • In economics, market structure illustrates how businesses are categorized and distinguished according to the sorts of items they sell and how external circumstances and elements impact their operations. It is simpler to comprehend the peculiarities of various marketplaces when there is a clear market structure.
  • The four types of economic market structures are oligopoly, monopoly, perfect competition, and monopolistic competition. The following characteristics explain why the categories are different: In oligopoly, there are few producers, many in perfect and monopolistic competition, and one in monopoly.

Thus the correct answer is Option D.

To learn more about market structure, refer: brainly.com/question/27874368

#SPJ4

6 0
1 year ago
Other questions:
  • At the polling place you will need to show three forms of identification. True or False?
    12·1 answer
  • Identify four factors that affect whether an industry does or does not present a company with a good business opportunity?
    12·1 answer
  • The demand for labor depends primarily on the additional output produced as a result of hiring an additional worker and A. the a
    7·1 answer
  • Colin wants to set up an aquarium.. He already has a tank, but needs to purchase fish, filters, and plants. If the cost of the f
    14·1 answer
  • If Jordan drives an average of 11,234 miles a year, how many miles will she have on her car in seven years?
    12·2 answers
  • A Solutions Architect has a multi-layer application running in Amazon VPC. The application has an ELB Classic Load Balancer as t
    10·1 answer
  • How is poverty anywhere a threat to prosperity everywhere?​
    13·1 answer
  • The process of gathering and evaluating information to determine whose interests should be emphasized throughout the project is
    14·1 answer
  • Your generous grandmother has just announced that she’s opened a savings account for you with a deposit of $10,000. Moreover, sh
    6·1 answer
  • To calculate direct materials on the schedule of cost of goods manufactured, add purchases to beginning raw materials inventory
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!