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soldier1979 [14.2K]
4 years ago
15

Yao decides to place a $2,000 deposit at the end of each year into a bond fund that earns 6% annually. Find the amount of the in

vestment in 20 years
Business
1 answer:
den301095 [7]4 years ago
6 0

Answer:

$6414.27

Explanation:

P= C ( 1+r )^t

Where C = $2000, r =6% and t = 20years

P = 2000 ( 1 + 6/100 )^20

P = 2000 ( 1+0.06 )^20

P = 2000 ( 1.06 )^20

P = 2000×3.20713

P = 6414.2709

P = $6414.27

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The capacity of a resource determines the ___________ number of flow units that can flow through that resource per unit of time.
Goryan [66]

Answer:

the answer for the particular blank is Maximum.

Explanation:

  • The efficiency of a resource specifies the maximum number of flow units per unit of time which can flow through that resource.
  • when a resource produce more and more products to its maximum capacity, then we can say that it is the maximum production unit of a resource in a particular time

higher capacity shows higher production..

so, maximum capacity shows maximum production

8 0
3 years ago
The world price of grapefruits is above the price that currently prevails in Cuba in the absence of trade. Assuming that Cuba is
shepuryov [24]

Answer:

B, B

Explanation:

If Cuba decides to open up trade with the world grapefruit market, the price of domestic Cuban grapefruit for consumers will Increase because the opening of trading with the world will decrease amount of grapefruit available for the people in Cuba thereby creating shortage which will lead to increase in price. Cuban exports of grapefruits will Increase by virtue of opening to the rest of the world.

6 0
3 years ago
The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w
nalin [4]

Answer:

interest rate is 2.25 %

Explanation:

given data

sell bond = $715

bond matures =  15 years

redeem =  $1,000

solution

we apply here formula that is

amount = principal × (1+r)^{t}    ................1

here put value and we get

1000 = 715  × (1+r)^{15}

(1+r)^{15} = \frac{1000}{715}

solve it we get

r = 0.022617

so rate is 2.25 %

7 0
3 years ago
Klivinich is a manufacturer of oral hygiene products. In addition to manufacturing and selling oral hygiene products, Klivinich
olga55 [171]

Answer:

Option C Achieve a competitive advantage

Explanation:

The reason is that anything brings an upperhand over the other competitors is competitive advantage. This might be due to product uniqueness or due to customer after sales services or anything in our product that the customer values more than the feature of other competitors. In this scenario, the advice of the K Company is valued by the customers and thats the reason they prefer its products because they give valuable advice with their products.

7 0
3 years ago
At best buy they have a 42" TV that sells for $1250 and is on sale 15% and sales tax is 6.5%.What is the final cost?
lys-0071 [83]
First, calculate the discount.

15% of 1250 is 187.5

Then, subtract 187.5 from 1250.
You get 1062.5

Next, to calculate the sales tax. I'm not 100% sure if you're supposed to do this before the discount or after, I'm just assuming after.

Anyway, 

6.5% of 1062.5 is approxamately 69.06.

Add that to 1062.5 to get the final answer of $1131.56
7 0
3 years ago
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