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
Ulleksa [173]
3 years ago
5

If you invest $100 today in a bank account that pays a one time interest at the end of each year (you leave the interest you col

lect from the bank from the first year in the bank to collect interest during the second year). if you have $121 at the end of the second year what is the interest rate the bank pays each year on your account. show your work.
Business
1 answer:
Oksanka [162]3 years ago
3 0
Answer is 10%

$100 x 10% = $10 so after first year you have $110.00

$110 x 10% = $11 so after second year you have $121.00
You might be interested in
In the value chain model for a hospital, pharmaceutical companies and organ donors would be considered as
natta225 [31]
It would be outputs 

Hope I helped
4 0
3 years ago
Getaway Travel Company reported net income for 2021 in the amount of $68,000. During 2021, Getaway declared and paid $18,000 in
Lynna [10]

Answer:

$0.35 per share

Explanation:

According to the scenario, computation of the given data are as follows,

Net income = $68,000

Preferred cash dividend = $18,000

So, we can calculate the basic earning per share by using following formula,

Basic Earning per share = ( Net income - Preferred cash dividend) ÷ Outstanding common shares

= ($68,000 - $18,000) ÷ [( 58,000 × 2) + (28,000 × 2 × 6/12)

= $50,000 ÷ [ 116,000 + 28,000]

= $50,000 ÷ 144,000

= $0.35 per share

4 0
3 years ago
You are valuing a common stock that just paid a dividend of $1.25 per share. You are expecting the stock to grow at the rate of
Agata [3.3K]

Answer:

Price of stock- $26

Explanation:

<em>Using te dividend valuation model, the price of a stock is the present value of the future cash flows expected from the stock discounted at the required rate of return.</em>

Where a stock is expected  to pay dividend growing at a specific rate, the price of the stock can be dertermined as follows:

Price = D(1+g)/(ke-g)

D -dividend payable now,

Ke-required rate of return,

g - growth rate in dividend

So we can work out the price as follows:

Price = 1.25( 1+0.04)/(0.09-0.04)

      = $26

Price =$26

4 0
4 years ago
Which of the ten knowledge areas defined in the Project Management Body of Knowledge includes the processes required to ensure t
strojnjashka [21]

Answer:

Project Scope Management is the applicable knowledge area.

Explanation:

Project Management involves the use of knowledge skills, tools,  techniques to meet the requirement of the project. Other knowledge areas in Project Management include;

  • Project Procurement Management
  • Project Risk Management
  • Project Integration Management
  • Project Communication Management
  • Project Human Resource Management
  • Project Time Management
  • Project Cost Management
  • Project Quality Management
  • Project Stakeholder Management

Project Scope Management involves explaining what the project will entail.  It ensures people have a clear understanding of what the project is about.  

5 0
3 years ago
According to anthony downs model, a rational party will adopt the policy position that is
Stells [14]

Closest to the view of the majority of voters.

The Anthony Downs model attempts to apply economic theories to political decision making.

8 0
3 years ago
Other questions:
  • Read the scenario.
    9·2 answers
  • Suppose that country a has higher real income per capita than country
    8·1 answer
  • A seller uses a perpetual inventory system, and on April 17, a customer returns $1,000 of merchandise previously purchased on cr
    12·1 answer
  • The term "financial distress costs" includes which of the following? I. Direct bankruptcy costs II. Indirect bankruptcy costs II
    9·1 answer
  • Select all that apply Careers in the agriculture, food &amp; natural resources career cluster include: 1)chef 2)graphic designer
    10·2 answers
  • Suppose you are a manager of a firm that operates in a duopoly. Recently, the state attorney general fined you and your competit
    15·1 answer
  • The net income that firm earns can either be paid out to shareholders asas ____ or or can be reinvested in the company as ____ .
    14·1 answer
  • During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo
    7·1 answer
  • Which of the following is an example of a cost that varies in total as the number of units produced changes? a. property taxes o
    12·2 answers
  • A local distributor for a national tire company expects to sell approximately 9,530 tires of a certain size and tread design nex
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!