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gtnhenbr [62]
3 years ago
13

If $2000 is invested at 2% interest, find the value of the investment at the end of 6 years if the interest is compounded as fol

lows. (Round your answers to the nearest cent.)
Business
1 answer:
hodyreva [135]3 years ago
7 0

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment= $2,000

Ineterest rate= 2%

Number of years= 6 years

<u>First, we will calculate the future value if the interest is compounded annually, semiannually, and quarterly:</u>

FV= PV*(1+i)^n

<u>Annually:</u>

n= 6

i= 0.02

FV= 2,000*(1.02^6)

FV= $2,252.32

<u>Semiannually:</u>

n=12

i= 0.02/2= 0.01

FV= 2,000*(1.01^12)

FV= $2,253.65

<u>Quarterly:</u>

n= 24

i=0.005

FV= 2,000*(1.005^24)

FV= $2,254.32

<u>Now, if instead of compounding interest, it is simple interest:</u>

FV= (PV*i*n) + PV

FV= (2,000*0.02*6) + 2,000

FV= $2,240

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Various financial data for Year 1 and Year 2 follow. Calculate the total productivity measure and the partial productivity measu
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Answer:

See below

Explanation:

With regards to the above, the formula for total productivity measure is

= Output Sales( Total output) / Total Input

Total productivity measurement for Last year.

Output sales = $200,000

Total input = Input labor + Raw materials + Energy + Capital + others

= $30,000 + $35,000 + $5,000 + $50,000 + $2,000

= $122,000

Therefore, total productivity measure

= $200,000/$122,000

= 1.64

Total productivity measurement for this year

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Total input = Input labor + raw materials + energy + capital + others

= $40,000 + $45,000 + $6,000 + $50,000 + $3,000

= $144,000

Therefore, total productivity measure

= $220,000/$144,000

= 1.53

Partial productivity for last year

Output sales = $200,000

Input = Input labor + raw materials + capital

= $30,000 + $35,000 + $50,000

= $115,000

Partial productivity measure = $200,000/$115,000

= 1.74

Partial productivity measure for this year

Output sales = $220,000

Input = Input labor + raw materials + capital

= $40,000 + $45,000 + $50,000

= $135,000

Therefore, partial productivity measurement for last year

= $220,000/$135,000

= 1.63

The above measures indicates that there is a reduction in total productivity measures from last year to this year. Same applies to partial productivity measures for both years.

8 0
3 years ago
How does soap work? A. Creates a sheetlike microscopic barrier between the skin and microorganisms in the environment B. Emulsif
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Answer:

Your answer is going to be c.

Explanation:

as soap is meant to wash away germs it has to first kill them.

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Suppose the central bank in the nation of Zook attempts to pay off its national debt by printing large amounts of currency. The
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it would become worthless

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What countermeasure could it take to prevent the Congress from expanding the money​ supply? A. Increase regulations to prevent t
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Answer:

B. Sell government securities to prevent the expansion of the money supply.

Explanation:

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Quizlet: Under autarky, consumer surplus is represented by the area
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Answer:

The correct answer is option c.

Explanation:

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