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
meriva
3 years ago
7

how many years will be required for a given sum of money to triple, if it is deposited in a bank account that pays 6% per year c

ompound annualy
Business
1 answer:
IgorLugansk [536]3 years ago
7 0

Answer:

19 years

Explanation:

the 19th year your money will triple and be worth 3.0256 times the original sum.

You might be interested in
Uppose a price floor on sparkling wine is proposed by the Health Minister of the country ofVinyardia. What will be the likely ef
Gekata [30.6K]

Answer:

C) Quantity demanded will decrease, quantity supplied will increase, and a surplus will result

Explanation:

Price floor is the least amount a good or service can be sold. A price floor is usually set above equilibrium price.

When a price floor is enacted, it usually discourages demand because prices are usually set higher and encourages supply.

As a result, quantity demanded will decrease, quantity supplied will increase, and a surplus will result.

I hope my answer helps you.

6 0
3 years ago
You plan to deposit $5,200 at the end of each of the next 15 years into an account paying 11.3 percent interest. a. How much wil
scZoUnD [109]

Answer:

Amount after 15 years = 183255.011

Explanation:

Below is the calculation to find the amount after 15 years:

Annuity amount or early deposited amount = $5200

Time period = 15 years

Interest rate = 11.3 %

Now we have to find the amount after 15 years:

Amount after 15 years = Annuity [((1 + r)^n - 1) / r ]

Amount after 15 years = 5200 [((1 + 11.3)^15 - 1) / 11.3% ]

Amount after 15 years = 183255.011

3 0
2 years ago
​_____ is a tort in which the presumption of negligence arises because the defendant was in exclusive control of the​ situation,
Lina20 [59]

Answer:

Res ipsa loquitur

Explanation:

_____ is a tort in which the presumption of negligence arises because the defendant was in exclusive control of the​ situation, and the plaintiff would not have suffered injury but for​ someone's negligence.

Res ipsa loquitur is a doctrine in law that one can presume the negligence of a defendant when the facts are glaring.The doctrine has primarily required that a defendant have exclusive power over the occurrence of an injury. negligence could result from

1. an actual causal connection between the defendant's conduct and the resulting harm; 2 a duty of care owed by the defendant to the plaintiff; 3 a breach of that duty;

5 0
2 years ago
Explain why a city council meeting to discuss hiring more city employees must be open to the public, while a meeting to discuss
ad-work [718]

Answer:

The answer is because people should know who is coming into office, but they do not have the right to know why someone is being fired for private reasons.

Explanation:

It’s important for the hiring discussion to be made public by the city council since it relates to the use of public funds to compensate these additional workforces. In contrast, firing processes do not relate to incurring funds and thus the public does not need to know about the reasons of the firing.

7 0
3 years ago
Hillary Clinton, as a presidential candidate, actively engaged in trying to persuade potential voters of her ideas and her worth
Troyanec [42]

Answer:

b. Promotion

Explanation:

This is a promotional marketing strategy. Promotional marketing is a strategy that aims to generate more value for a product or service, in order to build customer / audience loyalty. This is usually a sales strategy that can also be applied to political campaigns. Hillary's strategy was to use being the first possible US president as a differentiation from her campaign. This is a way of bringing a group of voters sympathetic to the idea proposed (female president) to the election campaign. This is reinforced by the proximity she sought in having structured meetings with voters.

7 0
3 years ago
Other questions:
  • Reuben's boss recently took him off probation because Reuben had met performance standards that he and his boss had agreed upon.
    6·1 answer
  • Gross Earnings are the same as:
    5·1 answer
  • Rosa, roberto, andrea, and inno find an estimate for √10. who has proposed the best solution?
    9·1 answer
  • Job interviewers often say to job applicants, "tell me about yourself." the purpose of this request is to:
    8·1 answer
  • Husker Corporation reports current E&P of negative $200,000 in 20X3 and accumulated E&P at the beginning of the year of
    14·1 answer
  • With increased economic progress, cultures across the world seem to be moving toward some universally accepted values and norms.
    6·1 answer
  • "The management team at Mercury, a department store, has received feedback from the customer service department that the store's
    6·1 answer
  • Sarah borrowed $16,500 on May 23 with interest due on September 3. If the interest rate is 9%, find the interest on the loan usi
    5·2 answers
  • Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new v
    6·1 answer
  • Explain the teams and conflict in organization
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!