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Mumz [18]
4 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]4 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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mackenzie burrows $300 000 from the bank on a 30 year mortgage. she is given an interest rate of 5.125% apr. how much in total i
DanielleElmas [232]

Answer:

$512.5

Explanation:

$300,000 / 30 years

= $10,000

$10,000 * 5.125%

= $512.5

7 0
3 years ago
The finance team of an organization has prepared an end of quarter balance sheet. The stockholders equity amount is a negative v
cupoosta [38]

The finance team of an organization has prepared an end of quarter balance sheet. The stockholders equity amount is a negative value. What must be true in this situation? D. The organizations liabilities are greater than the assets. Stockholders equity is also known to many as shareholders equity. This is listed on the companies balance sheet and includes the total assets and the total liabilities subtracted then equals stockholder's equity. Since you subtract the liabilties from the assets, if there is a negative value then the liabilities are greater than the assets.

5 0
4 years ago
Read 2 more answers
There are two ratios which are used to measure airline performance. one measures efficiency while the other measures equipment u
den301095 [7]

Operating ratio-measures the portion of operating revenue that goes to operating expenses, only revenue and expenses generated from passenger and freight transportation are considered

(operating expenses/operating revenue)*100

load factor-measures the percentage of a plane's capacity that is utilized,

(number of passengers/total number of seats)*100

All pilots should be interested in weight and balance control. The two changeable factors that can alter an aircraft's total weight and CG location are loading and fuel management, both of which are under the control of the pilot.

The owner or operator of the aircraft should guarantee that the pilots have access to current information and that the proper entries are made in the records when repairs or modifications are completed. The CG is altered as a result of equipment removal or addition.

To learn more about Airlines load here

brainly.com/question/13318528

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6 0
2 years ago
Item 13Item 13 Jacques relies on a cost-benefit analysis to decide if moving operations overseas is better than increasing the s
Kryger [21]

Answer:

Utilitarian approach.

Explanation:

Utilitarian approach evaluates actions to be taken in terms of its consequences and outcomes.

The aim of the utilitarian approach is to ensure the largest number of people benefit while the lowest number of people are harmed.

In this scenario Jacques uses a cost-benefit analysis to decide if moving operations overseas is better than increasing the size of the current manufacturing facility in the United States.

Cost benefit tries to determine if the benefit of an action outweighs it's cost. Based on findings the best option that has the greatest benefit is selected.

5 0
3 years ago
J-Matt, Inc., had pretax accounting income of $291,000 and taxable income of $300,000 in 2009. The only difference between accou
notka56 [123]

Answer:

Income Tax Payable = 300,000 x 40% = 120,000

Deferred Tax:

300,000 - 291,000 = 9000

9,000 / 3 = 3,000

The appropriate journal entry would be:

Account Title                                      Dr                    Cr

Income Tax Expense                     117,000

Deferred Tax Asset                         3,000

   Income Tax Payable                                           120,000

5 0
3 years ago
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