<span>What is the periodic interest rate of Melanie's investment?
How many compounding periods does Melanie's investment offer in a year? How about in 8 year?
Semiannually means that it is twice in a year, then:
- the number of compounding periods in a year is 2.
- the number of compounding periods in 8 years is 2 * 8 = 16
What expression can Melanie write to figure out how much her investment will be worth in 8 years?
Use the formula : F = P * ( 1+ r/n) ^ (n*t)
P is the initial investment = $12,000
n = the number of periods per year, which is 2
</span>
<span><span>r is the yearly rate = 4.8% = 0.048
t is the number of years, which is 8.
Then, the equation is F = $12,000 * ( 1 + 0.048/2) ^ (8*2) =
= $12,000 ( 1+ 0.024)^ 16 = $12,000 (1,024)^16
</span>
How much will Melanie's investment be worth in 8 years?</span>
Just use the calculator: 12,000 (1,024)^16 = $17,538
The gross domestic product (GDP) of the United states is defined as all the final goods and services produced in a given period of time.
<h3>What is Th
e gross domestic product of a country?</h3>
The gross domestic product of a country is all the final goods and services produced in a given period which is usually a year.
One of the methods used to calculate GDP is the expenditure method and it entails adding together the following components: consumption spending by households, Investment spending by businesses , Government spending and Net export
To learn more about GDP, please check: brainly.com/question/15225458
Answer:
a. $13,000
Explanation:
Calculation for what royalty revenue should be
First step is to find the estimated amount for the second half of the year
Royalties for the second half =
15%*$30,000
Royalties for the second half= $4,500
Now let Compute for the total royalty revenue
Total royalty revenue for 20X5=$8,500+$4,500
Total royalty revenue for 20X5=$13,000
Therefore the royalty revenue should be $13,000
Answer:
Net operating income= 565,000
Explanation:
Giving the following information:
Krazy Kayaks sells its entry-level kayaks for $750 each. Its variable cost is $500 per kayak. Fixed costs are $25,000 per month for volumes up to 1,100 kayaks. Above 1,100 kayaks, monthly fixed costs are $60,000.
Sales= 2,500*750= 1,875,000
COGS= (500*2,500)= (1,250,000)
Gross profit= 625,000
Fixed costs= (60,000)
Net operating income= 565,000
