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Mumz [18]
3 years ago
15

How much would $500 invested at 8% interest compounded continuously be worth after 3 years? round your answer to the nearest cen

t?
Business
1 answer:
bonufazy [111]3 years ago
4 0
Amount of investment after n years at continuous compounding is givent by A = Pe^rn; where P is the initial investment, r is the rate.

Therefore, the value of $500 invested at 8% interest compounded continuously is given by 500e^(0.08 x 3) = 500e^0.24 = 500 x 1.2712 = $635.62
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Paraphrasing is concerned with feeding back the key points of what a client has said. Reflection of feeling, in contrast, involv
ANEK [815]

Answer:

A. Helping clients become more affective

Explanation:

Reflection of feelings involves getting to know the emotions of the clients and reflecting those feelings back to the clients. This helps the client feels like he or she is being understood, listened to and validated. Reflection of feelings establishes a good rapport between the clients and the professional. Reflection of feeling statements accurately mirror client's feeling by identifying the client's emotions based on verbal and non verbal messages.

3 0
3 years ago
Prompt<br> What should you do after writing something?
finlep [7]

Answer:

revise, edit, cite sources.

Explanation:

8 0
3 years ago
Read 2 more answers
Electricity for All (EFA) is preparing for their Initial Public Equity Offering (IPO). Being in a highly regulated industry, and
kirza4 [7]

Answer:

the dividend per share is $18.85 per share

Explanation:

The computation of the dividend per share is shown below:

We now that

price per share = Dividend ÷ (required rate of return - growth rate)

$145 = Dividend ÷ (13% - 0%)

So, the dividend is

= $145 × 13%

= $18.85 per share

Hence, the dividend per share is $18.85 per share

3 0
3 years ago
1. A firm in a competitive market has the following cost structure: Output Total Costs 0 $10 1 $12 2 $15 3 $19 4 $24 5 $30 6 $37
iogann1982 [59]

Answer:

b. 6 units

Explanation:

Output     Revenue  Costs = Profit  ( Revenue - Costs)

   0                   0         10 =  -10

   1                    8         12 =  -4

   2                   16        15 =   1

   3                   24        19 =   5

   4                   32        24 =   8

   5                   40        30 =   10

   6                   48         37 =   11

   7                   56        46 =   10

   8                   64        55 =   9

   9                   72        65 =    7  

Note: The revenue is calculated by multiplying output by the market price of $8.

The firm should produce 6 units to maximize their profit which is $11.

3 0
3 years ago
Elise Noble works as a telephone salesperson for the Catalog Division of JC Penney. Her primary job is to call customers with Pe
frutty [35]

Answer and Explanation:

Prepared Sales Presentation.

She needs to be prepared for the sales pitch as her job involves calling customers to inform them about the sale items. Prepared Sales Presentation would the best for Elise to use.

6 0
3 years ago
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