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masya89 [10]
3 years ago
11

What is the typical relationship between time and interest rate

Business
1 answer:
FrozenT [24]3 years ago
8 0

The longer the period of time the higher the interest rate

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You just won $90,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 6% p
yanalaym [24]

Answer:

  about 1.24 million dollars

Explanation:

Account value is multiplied by 1.06 each year, so after 45 years, it has been multiplied by 1.06^45. The value is ...

  $90,000 × 1.06^45 = $1,238,814.97

7 0
4 years ago
A Multilevel Approach to the Study of Motor Control and Learning (2nd Edition)
Archy [21]

Answer:

7 hours and 44 minutes

Explanation:

According to the question, the data provided is as follows

Time taken by average reader = 7 hours and 44 minutes

Number of words per minute = 250

Based on the above information, the number of hours to read this book in quickly is 7 hours and 44 minutes as this is equivalent to the time taken by the average reader

So the same is to be considered for reading the book at 250 WPM

8 0
4 years ago
Luxury Dwellings Inc. is a condominium-building company that is based in the country of Veritas. It sells high-priced homes to c
adelina 88 [10]

Answer:

International.

Explanation:

International strategy is the process of increasing involvement of enterprises in international markets. More specifically, internationalisation comprises the planning and implementation of specific products and services that can easily be adapted to foreign markets and cultures.

Why is it important to look abroad?

•  Desire to grow

•  Increase in performance and recognition

•  Unsolicited foreign orders

•  Domestic market saturation or limitations The crisis presents challenges at home, but also opportunities abroad

•  Potential to exploit a new technological advantage

•  Different geographies have different needs and complement each other in presenting a wide range of gaps and opportunities to build market presences.

6 0
4 years ago
Solemon Company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solemon wants to earn a tar
mojhsa [17]

Answer:

If Solemon wants to earn a targeted profit of $3,600, the number of units must be sold are 9,300 units.

Explanation:

In Solemon Company:

Contribution margin per unit = Sales price – Variable cost per unit = $8-$6=$2

The number of units must be sold to meet the target profit figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.

In there: Total fixed cost are $15,000

Targeted profit are $3,600

The number of units must be sold = ($15,000 + $3,600)/$2 = $18,600/$2 = 9,300 units.

8 0
4 years ago
Which of the following is likely to INCREASE your monthly payment? Taking advantage of any special offers the dealership is prom
Elden [556K]

Answer:

b

Explanation:

4 0
4 years ago
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