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IRISSAK [1]
3 years ago
8

You just purchased two coins at a price of $790 each. Because one of the coins is more collectible, you believe that its value w

ill increase at a rate of 7.3 percent per year, while you believe the second coin will only increase at 6.7 percent per year. If you are correct, how much more will the first coin be worth in 20 years
Business
1 answer:
Novosadov [1.4K]3 years ago
4 0

Answer:

$3,233.12

Explanation:

Data given in the question

Purchase value of two coins = $790

First coin rate = 7.3%

Second coin rate = 6.7%

So, after considering the above information, the amount worth in 20 years

= Purchase value of two coins ×(1 + interest rate)^number of years

= $790 × (1 + 0.073)^20

= $790 × 4.0925541961

= $3,233.12

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Croulene Corp, an American company, starts its operations in China. Croulene has an inherent disadvantage in China because of it
Margaret [11]

Answer:

The correct answer is: true.

Explanation:

Currently, several questions arise around this issue; The most common are oriented to the definition of the steps and the way to proceed to settle in the country with the aim of conceiving company. This experience can be divided into four major steps: the migratory approach, the one related to the constitution of the company, then the necessary relationship with the Government in charge of the surveillance and control of the economic activity to which the company, finally and in a consistent manner, with the steps to consolidate foreign investment.

7 0
3 years ago
Della Corporation is headquartered in Carlisle, Pennsylvania. Della has a Pennsylvania state income tax base of $433,500. Of thi
Tcecarenko [31]

Answer:

Della's Pennsylvania state tax liability is $12,679.73

Explanation:

Tax Liability

= [{(Income Tax Base - Non Business Income) x Apportionment Factor} + Allocated Non- business Income] x tc

= [{($433,500 - $76,700) x 0.2852} + $61,850] x 0.0775

= [$101,759.36 + $61,850] x 0.0775

= $163,609.36 x 0.0775

= $12,679.73

Therefore, Della's Pennsylvania state tax liability is $12,679.73

7 0
3 years ago
Whereas the job description focuses on the activities involved in carrying out a job a job specialization looks at the qualities
Hunter-Best [27]
Based on how they carry out the effort and how well they perform the task at hand
3 0
3 years ago
The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time sp
Ray Of Light [21]

Correct answers: Country B will eventually have a higher real GDP than country A if the economy of each county continues to grow this way.

Incorrect answers: Country A has a high real GDP. Country A has a modestly high quality of life. Country A’s economy has been in a period of contraction. Country B has a very high quality of life. #Smokeweedeveryday

6 0
3 years ago
A check for which a​ maker's bank account has inadequate money to pay the check is known as​ ________.
nevsk [136]
The answer to your question is a non-sufficient funds check.
Hope that helps! :)
6 0
2 years ago
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