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
ASHA 777 [7]
2 years ago
15

A company deposits $2,378 in a bank at the end of every year for 10 years. The company makes no deposits during the subsequent 5

years. If the bank pays 10% interest, how much would be in the account at the end of 15 years?
Business
1 answer:
anygoal [31]2 years ago
7 0

Answer:

Final Value= $61,037.04

Explanation:

Giving the following information:

Investment= $2,378 in a bank at the end of every year for 10 years.

The company makes no deposits during the subsequent 5 years.

Interest rate= 10%

First, we need to calculate the first 10 years.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,378*[(1.1^10)-1]} / 0.1

FV= $37,899.20

Now, the 5 years:

FV= PV*(1+i)^n

FV= 37,899.2*(1.1^5)

FV= $61,037.04

You might be interested in
When a sales contract is missing terms on when a payment is due, and if the involved parties have not had an established course
Gemiola [76]

Answer:

False

Explanation:

The provision of the Uniform Commercial Code as amended is that any missing terms such as price, quantity,location and expected time of delivery as well as payment terms  can be added to the contract later on with consent of all parties involved or provided in compliance with other commercial codes.

In other words,the fact that payment should be made within seven working days when payment terms are missing is alien to Uniform Commercial Code.

The answer, therefore is false.

7 0
3 years ago
What was Roosevelt's big stick foreign policy?
ra1l [238]

Roosevelt's "big stick" foreign policy meant that the United States would engage in diplomatic negotiations while retaining the ability to use force if necessary.

<h3>What are some examples of Roosevelt's big stick strategy?</h3>

Numerous instances in foreign affairs, President Roosevelt employed big stick policy. He negotiated a peace deal between Russia and Japan, expanded American influence in Cuba and more.

<h3>How did America benefit from the "big stick" policy?</h3>

Roosevelt was successful in keeping the United States out of wars by threatening legitimately with force under his "big stick" strategy.

<h3>How was the "big stick" approach applied in Panama?</h3>

Roosevelt used the "big stick" to put down the Colombian uprising by aiding the Panamanian people. He dispatched American battleships to the Colombian coast in November 1903 to prevent it from putting down the revolt in Panama.

To know more about big stick, visit:

brainly.com/question/22391573

#SPJ4

8 0
1 year ago
Brian has been recently promoted to the position of CEO at a large company that produces a wide variety of consumer goods. Brian
antoniya [11.8K]

Answer: C. Personality traits that are associated with success in one situation are likely to lead to success in other situations.

Explanation:

Personality traits shows the thoughts, behaviors and feelings of people. The main personality traits are extraversion, openness, agreeableness, conscientiousness, and neuroticism

Based in the information given in the question, Brian assumes that the personality traits that are associated with success in one situation are likely to lead to success in other situations. This is because personality traits are typically consistent and playing a vital role in the success of an individual.

4 0
2 years ago
Speech that is designed to move the listener to action or belief is _____. entertaining persuasive informative none of the above
horsena [70]

When the purpose of the communication is to the make the listener believes what the speaker says, the type of speech that would be most suitable is persuasive.

Thus, the answer to the question above is (B) persuasive, since the purpose of <em>entertaining speech</em> would be to create entertainment for the listeners while <em>informative speech’s</em> purpose would be to give information that the listeners do not yet know.

4 0
3 years ago
Read 2 more answers
Has the ceo carried out his or her responsibility for educating the board? Why or why not?
alisha [4.7K]

The CEO has not carried out his or her responsibility for educating the board as evident by the lack of information held by the board members during the discussion and their need and search for more information with respect to the quality performance measures of the Regional Medical Centre and their inquiry for the cost-benefit analysis.

The board members during the meeting are unaware of most of the indicators of the quality performance measures and the patient satisfaction measures and seem to be inquiring from each other about the values. They are also not aware of the trend or changes in these values in Q2 as compared to Q1.

The CEO has the responsibility of overall seeing the functioning of the healthcare organization and reporting, making key administrative decisions, leading organizational changes, and educating the board of directors about the parameters and reports with regard to the functioning of the healthcare organization.

Learn more about CEO at

brainly.com/question/26272846

#SPJ4

8 0
1 year ago
Other questions:
  • Total fixed costs for Taylor Incorporated are $260,000. Total costs, including both fixed and variable, are $500,000 if 156,000
    12·1 answer
  • Public companies under the jurisdiction of the Securities and Exchange Commission are required by law to hire a certified public
    14·1 answer
  • Which commercial lodging type is located on or near u.s. installations, is operated by a commercial lodging company, and is corp
    12·1 answer
  • Which of the following statements is FALSE? There is no need to evaluate mutual fund investments because investment companies hi
    8·2 answers
  • When does a conflict of interest occur???
    14·1 answer
  • Benson Concrete Company pours concrete slabs for single-family dwellings. Lancing Construction Company, which operates outside B
    11·1 answer
  • chị A mở cửa hàng kinh doanh quân áo mỹ phẩm tại nhà có giấy phép kinh doanh nhưng không thành lập doanh nghiệp hỏi chị A có phả
    9·1 answer
  • Gunk Co. reported an asset retirement obligation on its 2019 financial statements. The present value of the liability for the as
    8·1 answer
  • Rippelmeyer Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one ten
    6·1 answer
  • What class of security risk represents an opportunity for hackers when they find an identified weakness in which necessary contr
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!