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diamong [38]
3 years ago
12

Using the rule of 70, how many years will it take an investment to double if the return is 88 %? Round your answer to two decima

l places.g
Business
1 answer:
solong [7]3 years ago
7 0

Answer:

It will take 8.8 years to double the investment given an interest rate of 8.8% annually.

Explanation:

Giving the following information:

Interest rate= 8.8%

<u>The rule of 70 is a means of estimating the number of years it takes for an investment or your money to double. </u>We will use the following formula:

<u></u>

Number of Years to Double= 70/Annual Rate of Return

Number of Years to Double= 70/8.8

Number of Years to Double= 7.95

It will take 8.8 years to double the investment given an interest rate of 8.8% annually.

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Your answer is D.) Retail Price!
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3 years ago
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Manufacturer of skateboards offered a 5/2/1 chain discount to many customers. bob's sporting goods ordered 20 skateboards for a
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3 years ago
The need for change to automated sales at Bergman’s most likely arises from a(n) ______ force.
Andrews [41]

Answer:

Behavioral Force

Explanation:

Priya acknowledges that competitors are changing its purchase method to an automated one. She sees the trend in consumer behavior and establishes that Bergman has to adopt this new method to be up to date in regards to market best practices.

Therefore, she is affected by a behavioral force to change, in this case, the consumer behavior force.  

6 0
3 years ago
Dioxin emission that results from the production of paper is a good example of a negative externality because:
yKpoI14uk [10]

Answer:

Option (c) is correct.

Explanation:

There are two types of externality are as follows:

(a) Positive externality

(b) Negative externality

Negative externality occurs when a third person is affected by the engagement of two parties. It means that there is a reduction in the consumption function of the third person from the production of goods by the other parties.

In our case, a firm which produces paper and from this production of paper there is an emission of Dioxin which affect the consumption of nearest persons or firms.

Therefore, a paper producing firm have to consider all the externality while calculating the total cost.

4 0
3 years ago
____________ is made up of behaviors that focus specifically on reducing the efficiency of work output.
Sauron [17]

Answer:

Production deviance

Explanation:

Deviance is the word which is defined as any kind of behavior which violates the cultural norms or the rules.

Production deviance is the term which is described as the behavior which violates the formally prescribed norms or the rules of the business or the organization, in respect to the minimal quality and the quantity of the work to achieve as part of a single job.

So, the production deviance is the one which is made up of the behaviors which focus on decreasing the efficiency of the work output.

6 0
3 years ago
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