Answer:
Pat would receive within 5 years $1.47 for each dollar invested.
Explanation:
Compounded interest is when the final capital is calculated with the interest that is paid at the end of each period over the capital plus the interest earned in the prior period.
CF=1(1+0.08)↑5
Answer:
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As miles consider approaching a venture capital firm to provide funding for his new mobile app, he should realize that a venture capital firm will probably want an ownership interest in the business.
The capital of a corporation is the money it has daily to pay for its operations and every day fund its destiny growth. The 4 essential sorts of capital consist of going for walks capital, debt, equity, and buying and selling capital. shopping for and promoting capital is utilized by brokerages and different financial establishments.
In the company, capital method the coins an agency desires every day feature and make bigger. normal examples of capital consist of cash at hand and bills receivable, close to cash, fairness, and capital belongings. Capital assets are massive, lengthy-term assets no longer intended normally be bought as part of your ordinary organization.
Learn more about the capital here: brainly.com/question/1957305
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The answer to this question is c <span>The banks must have weighed the cost of installing bandit barriers against the benefits and
decided that they have “no interest in ever putting in the barriers.”
Hope this helps!!
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