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
pickupchik [31]
3 years ago
15

You are starting college this month, and your favorite aunt has agreed to give you $4,000 at the end of each of your four years

and you can save $8,000 at the end of each year for the first two years after you graduate. If all of these amounts are invested at 14%, how much will you have to start graduate school, six years from now? (Round the final answer to the nearest dollar.)
Business
1 answer:
djyliett [7]3 years ago
6 0

Answer:

how much will you have to start graduate school, six years from now?

Save 42.702,07

Explanation:

Annual % N Annual % VF

4000 1,14 3 4000 1,48 5.926,18

4000 1,14 2 4000 1,30 5.198,40

4000 1,14 1 4000 1,14 4.560,00

4000 1,14 0 4000 1,00 4.000,00

     

                        19.684,58

CF = CI(1+i)^n      

Aunt Save 19.684,58    

Interest                  14%    

Year                   2    

     

Two years 25582,07497    

     

Annual % N Annual % VF

8000 1,14 1 8000 1,14 9.120,00

8000 1,14 0 8000 1,00 8.000,00

     

                        17.120,00

     

Aunt Save 25582,07497    

Save          17.120,00    

     

Save 42.702,07    

You might be interested in
Under a just-in-time inventory system, a company can reduce the amount of working capital it needs to finance inventory, freeing
Gennadij [26K]

Answer:

True.

Explanation:

Under a just-in-time inventory system, a company can reduce the amount of working capital it needs to finance inventory, freeing capital for other uses and/or lowering the total capital requirements of the enterprise.

In Business management, Just-in-time (JIT) is an inventory management method used by a company wherein goods, products, components, and labor are made available exactly when needed or just few hours before they are needed in the production process.

Basically, It is an inventory management system that companies use to reduce wastage to the barest minimum, thereby, freeing capital for other uses and/or lowering the total capital requirements of the enterprise.

<em>Hence, just-in-time when used judiciously can help a company reduce the amount of working capital it needs to finance inventory management. </em>

4 0
3 years ago
3. Which of the following occupations relate to a skill category of mathematics and data? Select
AURORKA [14]

did you ever get the right answers  if not


2 is D

3, is engineer and financial analyst

4 is educator nd lawyer

7 0
3 years ago
ASAP 65 points.
Bad White [126]

Answer:

Ebay

Explanation:

Ebay’s corporate and sales websites have  a lot of differences, the most notable being the lack of interface to purchase products on the corporate site. Another difference is that the corporate website is more like a newsfeed, showing achievements, advertisements, etc, for the company, whereas the sales site has lots of pictures and products, and it is more visually pleasing because of the colours. A final difference is there is a lot less text and writing on the sales website than on the corporate website.

Some qualities I associate with Ebay are:

That the products sold on the website are often cheaper than in the shops, because you are purchasing directly from the business.

Another quality that i think of is that it enables small businesses to start their companies without the costs of properties. as well as providing big corporations with somewhere to ensure they get sales.

A final quality that i associate with Ebay is the ability to sell your unwanted things to people, therefore making some profit.

I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.

An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.

An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.

You're welcome.

5 0
2 years ago
True/False: Santiago is the HR director of Illumin Media, a mid-sized organization. He notices that the proportion of minorities
Wewaii [24]

Answer and Explanation: The given case/scenario is true, since in this particular case the HR director tends to opt for recruiting methods under which the application will further reach a larger population. The recruiting method is done by contacting several professional association and thus outsourcing this task. This method is efficient and effective .

3 0
3 years ago
Suppose a perfectly competitive firm and a monopolist are both charging $5 for their respective products. From this, one can inf
enot [183]

Answer:

For the competitive firm marginal cost is $5. For the monopolist marginal cost is less than $5.

Explanation:

The price of the product of the competitive firm is $5. We know that a competitive firm is a price taker and produces at the point where the price is equal to the marginal cost of producing the last unit.  

A monopolist, on the other hand, is a price maker. It produces at the level of output where the price is greater than the marginal cost of producing the last unit.

4 0
3 years ago
Other questions:
  • Which of the following sentences is most appropriate for written communication at work or with a customer?
    9·1 answer
  • A company has been selling roller skates that have faulty wheels. The wheels will not break or cause injury, but they also do no
    8·2 answers
  • One way of shooting a bow is the instinctive aiming method. what is true about this method? you look at the target with the righ
    6·1 answer
  • The Aggarwal Corporation needs to save $10 million to retire a $10 million mortgage that matures in 10 years. To retire this mor
    6·1 answer
  • What is meant by centralised direction?
    7·1 answer
  • One car rental agency rents a mid dash size car at a daily rate of ​$36.95 plus 36 cents per mile. Another company rents a mid d
    12·1 answer
  • Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for 5 years. Project L costs
    12·1 answer
  • PRICE/EARNINGS RATIO A company has an EPS of $2.40, a book value per share of $21.84, and a market/book ratio of 2.73. What is i
    7·1 answer
  • What type of bank account is the best person?
    10·2 answers
  • Louis stepped off the train on his way home from work one evening to see Express Mobile employees leading a large number of comm
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!