1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VladimirAG [237]
3 years ago
15

With an inflation rate of 9 percent, prices would double in how many years?

Business
1 answer:
Julli [10]3 years ago
7 0

Answer:

8 years

Explanation:

the rule of 72 calculates how long it takes for an amount to double given interest rate

72 / 9% = 8 years

You might be interested in
A disadvantage to joining a family business is that _____.
miv72 [106K]
A disadvantage to joining a family business is that: c. one individual must take on all of the financing responsibilities.
Another disadvantage are you can feel trapped, you have no oppurtunity to advancement.

hope this help
4 0
3 years ago
Read 2 more answers
Money serves as a good store of value except when an economy experiences a period of _____.
Marat540 [252]
Money serves as a good store of value except when an economy experiences a period of INFLATION.
3 0
3 years ago
In order to implement a cost-leadership strategy effectively, a ________ structure is preferred in a firm. functional and organi
Delvig [45]
In order to implement a cost-leadership strategy effectively, a <span>functional and mechanistic</span> structure is preferred in a firm. The cost leadership strategy in business was developed by Michael Porter regarding competitive advantage. The ultimate goal is to achieve the lowest cost of manufacturing and operating your product within the industry. 

8 0
3 years ago
Read 2 more answers
The type of advertising that does not focus on promoting specific goods or services but instead attempts to promote an organizat
lawyer [7]

Answer: Institutional

Explanation:

The institutional advertising helps to promote an institutional, organization, business or the industry related advertisement.

The institutional advertisement is also known as corporate advertising that mainly focus on the business ideas and the benefits.

It helps to enhance the reputation of an organization and also try to build a good image in the market. Therefore, Institutional advertising is the correct answer.

8 0
3 years ago
Identify the item below that would cause the trial balance to not balance.i. A $1,000 collection of an account receivable was er
VARVARA [1.3K]

Answer:

The item that would cause the trial balance to not balance is:

v. The cash payment of a $750 account payable was posted as a debit to Accounts Payable and a debit to Cash for $750.

Explanation:

The correct record should have been to credit the $750 in the Cash account.  By this double debit entries for a transaction without a corresponding credit entry, the trial balance cannot balance as the debit side will be greater by $1,500 ($750 * 2) than the credit side.  To correct the error, the Cash account will be credited with $1,500.  One of the $750 cancels the earlier error while the second $750 puts the records straight.

6 0
3 years ago
Other questions:
  • David Smith is an assistant professor at Bumble University (Home of the Fighting Bees!!). David's department chair, Ronald Doe,
    11·1 answer
  • Parents want to setup an account for their child studying abroad for next 2 years, where they can receive a monthly allowance of
    11·2 answers
  • Y-1=5x2-25+3<br><img src="https://tex.z-dn.net/?f=y%20-%201%20%3D5x%20%5E%7B2%7D%20%20-%2025x%20%2B%203" id="TexFormula1" title=
    9·1 answer
  • "The balance sheet of Ambiance Corporation reported current assets of $186,708, total assets of $300,000, current liabilities of
    5·1 answer
  • Multiple Select Question Select all that apply Which of the following are facility-level activities? Human resource hiring fairs
    12·2 answers
  • As Timothy examines markets that might match his company’s investment requirements, he is particularly interested in the fact th
    6·1 answer
  • Assume that new technology develops a substitute for DVDs. How will the price elasticity of demand for DVDs be impacted?
    11·1 answer
  • Bach Co. had an inventory balance of $15,250 on January 1, purchased $34,000 during the accounting period, and the cost of goods
    9·1 answer
  • If industry rivalry is very high we can expect profit margin low.<br> True<br> False
    5·1 answer
  • Choose the action that is supported by egoism, but might seem unethical. a.) Using skills you learned from your former job to ge
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!