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Setler [38]
3 years ago
9

If you invest $15,000 today at a 6% interest compounded daily, what will be your ending value after 12 years?

Business
1 answer:
True [87]3 years ago
4 0

Answer:

Amount after 12 year will be $30762.16

Explanation:

We have given amount invested = $15000

Rate of interest r = 6 %

Time t = 12 years

As investment is compounded daily

So rate of interest =\frac{6}{365}=0.0164 %

As 1 year = 365 days

So 12 year = 12×365 = 4380 days

We know that future value is given by

A=P(1+\frac{r}{100})^n

So A=15000\times (1+\frac{0.0164}{100})^{4380}=30762.958$

So amount after 12 year will be $30762.16

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aleksandrvk [35]

Answer:

Benefit

Explanation:

Benefit segmentation is dividing or spilt up the market grounded on the perceived advantage or benefit and value consumers perceive, that they will receive from the service or the product.

The person could segment the market grounded on the performance, quality, special features, customer service and other advantages.

Therefore, the fact that the some of the customers want the flavored water bottles and others want to have it with the added minerals, it provides an opportunity for the benefit segmentation.

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3 years ago
A(n) ________ includes a group of senior managers responsible for systems development.
Savatey [412]

A <u>steering committee</u> includes a group of senior managers responsible for system development.

A steering committee is an advisory organization that makes directional choices on various organizational initiatives. Its members at once aid project managers working in the direction of strategic enterprise directions.

Key roles and responsibilities of a steering committee: it provides recommendations on mission resource utilization, time limits, staff hiring, and advertising wishes. Manual the assignment group in accomplishing milestones in step with the challenge plan. determine average mission scope and strategic project route.

The board is made of individuals who participated on the guidance committee that created the business. The steering committee is normally composed of industry leaders inside the network that help generate assistance for the entity.

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4 0
2 years ago
Puffin Corporation makes a property distribution to its sole shareholder, Bonnie. The property distributed is a car (basis of $3
Svetllana [295]

Answer:

Puffin’s E & P after taking into account the distribution of the car is $6,000.

Explanation:

E & P will be decreased by the higher of the adjusted basis or the fair market value of the distributed property, net of any liabilities. The distribution losses will not be taken into consideration when determining E & P. Thus the current E & P of Puffin’s $30,000 is reduced by $24,000 ($30,000 basis of the car minus the liability amount). The remaining after the distribution current E & P will be $6,000.

Therefore, Puffin’s E & P after taking into account the distribution of the car is $6,000.

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3 years ago
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