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Veseljchak [2.6K]

3 years ago

5

3. Columbia Corporation deposited $2,000 in an account that pays 12% interest annually. If the interest is compounded continuous

ly, how much money will be in the account at the end of 20 years? a) $19,293 d) $22,704 b) $22,046 e) $22,900 c) $22,553

1 answer:

dangina [55]3 years ago

8 0

Answer:

should be the letter B. $22,046

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kondaur [170]

Answer:

The answer is letter A.

Explanation:

Less than or equal to 0.1

Because:

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8 0

3 years ago

Compute the payback period for each of these two separate investments: A new operating system for an existing machine is expecte

Westkost [7]

Answer and Explanation:

The computation of the payback period for each investment is shown below;

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= $80,769 + (($280,000 - $11,000) ÷ 5)

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For Option-2

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6 0

2 years ago

Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 2.5 kilograms of the raw material Jurislo

Vladimir79 [104]

Answer:

Cost of purchase= $1,014,300

Explanation:

Giving the following formula:

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September= 21,300

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Cost of purchase= 56,350*18= $1,014,300

7 0

2 years ago

Food Fanatics caters meals where their cost of producing an extra meal is $25. Each of their meals is standard and sells for $20

ollegr [7]

Answer:

B

Explanation:

The marginal cost of producing food is $25, which is greater than the price of selling the food.

At this point the firm is incurring a loss. In order to improve profit margins, the firm should reduce the amount of meals been produced, so that profit would increase

3 0

3 years ago

Rao Construction recently reported $28.00 million of sales, $12.60 million of operating costs other than depreciation, and $3.00

stich3 [128]

Answer:

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6 0

3 years ago