The formula is
A=p (1+r/k)^kt
A future value 12200
P present value 6100
R interest rate ?
K compounded quarterly 4
T time 9 years
Set the equation and solve for r (interest rate)
12200=6100 (1+r/4)^(4×9)
Divide both sides by 6100
12200/6100=(1+r/4)^(36)
2=(1+r/4)^(36)
Take the root of 36 for both sides
2^(1/36)=1+r/4
R= (2^(1/36)-1)×4
R=(2^(1÷36)−1)×4
R=0.0778×100
R=7.78%
Hope it helps!
Answer:
The correct answer is telemarketing.
Explanation:
Telemarketing is a form of direct marketing in which an advisor uses the telephone or any other means of communication to contact potential customers and market products and services. Potential customers are identified and classified by various means such as their purchase history, previous surveys, participation in contests or job applications (for example, via the Internet). Names can also be purchased from another company's database or obtained from the phone book or other public or private list. The classification process serves to find those potential customers most likely to buy the products or services that the company in question offers.
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Full Question:</u></h3>
The raw materials or reactants of the photosynthetic process include
A. glucose and oxygen.
B. carbon dioxide and glucose.
C. carbon dioxide and water.
D. carbon dioxide and oxygen.
The raw materials or reactants of the photosynthetic process include carbon dioxide and water.
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Explanation:</u></h3>
The process by which the light energy obtained from the sun is converted into chemical energy is photosynthesis. This process takes place in all plants having chloroplast pigments. The raw materials of this process is water and carbon dioxide.
In the photosynthesis process water, carbon dioxide and minerals will be converted into oxygen and some organic compounds that are filled with energy. This acts as an energy source for the plants to survive. This process will not be possible in the absence of the chloroplast pigment.
Answer:
The amount that you should have saved in your retirement account to receive this income is:
= $727,995.88.
Explanation:
a) Data and Calculations:
Expected lifespan = 24 years
Expected annual income = $75,000
Interest rate per year = 9%
The amount of savings in the retirement account to receive this income is calculated from an online financial calculator as follows:
N (# of periods) 24
I/Y (Interest per year) 9
PMT (Periodic Payment) 75000
FV (Future Value) 0
Results
PV = $727,995.88
Sum of all periodic payments = $1,800,000.00
Total Interest = $1,072,004.12
Answer:
B
Explanation:
Use for business communications only and the disallowing of the transmission of confidential business information are recommended guidelines for Instant messaging
