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
swat32
3 years ago
6

3. Suppose Tyrone wants to open a savings account that earns 3.5% simple interest per year. He wants it to be worth $1500 in 4 y

ears. How much does he need to deposit in the account today to make that happen? Round to the nearest whole dollar.
Business
1 answer:
saw5 [17]3 years ago
3 0

Answer:

$1,307

Explanation:

The computation of the future value by using the following formula is shown below:

As we know that

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

$1,500 = Present value × (1 + 0.035)^4

So, the present value is

= $1,500 ÷ (1.035)^4

= $1,307

Hence, the present value is $1,307 and the same is to be considered

You might be interested in
Milton Bradley/Parker Brothers are producers of many board games, such as Monopoly, Battleship, Yahtzed, and Clue. The company h
Kamila [148]

Answer:

The correct answer is consumer- generating marketing,option B

Explanation:

Consumer-generating  marketing is powerful marketing tool used in generating more sales in such a way that the products are marketed using existing customers' content such as product reviews and feedback to reach to more customers  with aid of advancement in information technology.

Most companies have social media pages online, where they engage existing customers in order that new prospects can also be reached with least possible costs implication overall,in other words,customer acquisition cost is kept low.

8 0
3 years ago
For the most recent year, Triad Company had fixed costs of $190,000 and variable costs of 75% of total sales revenue, earned $58
poizon [28]

Answer:

The computations are as follows

Explanation:

a)  Before tax income  is

 = After Tax Income ÷ (1 - Tax Rate)

= $58,500 ÷ (1 - 0.35)

= $90,000

b) Total Contribution Margin

Contribution Margin = Fixed Costs + Before Tax Income

= $190,000 + $90,000

= $280,000

c) Calculation of Total Sales

Variable Cost is 75% of Sales

SO, Contribution Margin 25% of Sales

Contribution Margin = $280,000

25% of Sales = $280,000

Sales = $280,000 ÷ 25%

         = $1,120,000

d) Break Even Point in dollars

Break Even Point in dollar = Total Fixed Costs ÷ Contribution Margin percentage

= $190,000 ÷ 25%  

= $760,000

We simply applied the above formula

8 0
4 years ago
In a bottle-manufacturing company, employees were divided into two teams, hoping to increase production by fostering competition
dalvyx [7]

Answer: synergy

                             

Explanation:   Synergy refers to the idea that the total value and output of two groups of individuals should surpass the total of that same individual components.

Synergy is really a concept most frequently used within mergers and acquisitions (M&A). Synergy is most often a driving factor underneath a merger, or the possible financial gain gained through the combination of businesses.

Stockholders will profit if, owing to the synergistic impact of the transaction, the post-merger stock price of a corporation rises. The projected savings gained through the merger can be linked to various factors such as higher revenues, shared expertise, and innovation, or reduced costs.

6 0
3 years ago
What do we learn from the data in case exhibit 2? does the data provide additional valuable information? why or why not?
expeople1 [14]
Tesla's non-Gaap medications prohibit non-money things as stock based remuneration, this incorporates the adjustment in reasonable esteem identified with teslas warrant risk, and non-money cost identified with teslas 1.5% convertible senior notes, and one-time costs related with the early reimbursement of the 2010 advance Tesla got from the division of vitality.
5 0
3 years ago
Nike wanted to extend its market research to understanding techniques that it could use to keep women in the store longer. Throu
Alexeev081 [22]

Answer:

Relaxing

Explanation:

The distractors need to be identify and pull out of the shops to make the women feel focus when they want to buy.

Relaxing music, and an atmosphere that is melow (review pantone of stores)  will certainly induce a comfortable mood.

4 0
3 years ago
Other questions:
  • Miller Company’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (37,000 uni
    6·1 answer
  • To pay your bills on the due date or soon after is to earn a _________ credit rating.
    6·1 answer
  • Which of the following statements correctly describes how accounting helps managers? Select one: a. Accounting provides better w
    9·1 answer
  • Which of the following statements correctly describe a contemporary approach to create the Work Breakdown Structure (WBS) for a
    10·1 answer
  • Lincoln Park Co. has a bond outstanding with a coupon rate of 6.04 percent and semiannual payments. The yield to maturity is 6.1
    6·1 answer
  • The ________ approach to ethics holds that the moral worth of actions or practices is determined by their consequences and is co
    9·2 answers
  • Hillary enters into a shipment contract with a dress manufacturer for fifty red dresses. The dress manufacturer sends fifty blue
    11·1 answer
  • What do you think happens to the price of an object as it goes through a large number of intermediaries?
    13·1 answer
  • Fong Sai-Yuk Company sells one product. Presented below is information for January for Fong Sai-Yuk Company.
    13·1 answer
  • After reading the paragraph below, answer the question that follows. Americans spend up to $100 billion annually for bottled wat
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!