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Lelu [443]
2 years ago
14

If $1000 is invested at 6% interest, compounded annually, then after n years the investment is worth an

Business
1 answer:
Temka [501]2 years ago
6 0

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment= $1,000

Annual interest rate= 6% = 0.06

Number of periods= n

<u>To calculate the future value after "n" periods, we need to use the following formula:</u>

FV= PV*(1+i)^n

<u>For example:</u>

n= 6 years

FV= 1,000*(1.06^6)

FV= $1,418.52

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vovikov84 [41]

Answer:

The detailed answer is given below;

Explanation:

The company has received an offer of $96,000 for equipment. It means that if the equipment is sold in market, it will fetch a revenue of $96,000.

Whereas the company is thinking for expansion option, in such case the cost of equipment for that project will $96,000 because as per definition of opportunity cost, this system if not used in expansion; can readily be sold out in market for $96,000.

Therefore the relevant cost for the project shall be $96,000 because this is the amount that Webster and Moore can loose if not sold in the market.

4 0
3 years ago
BP's expansion plans were reduced, and its ability to compete with other large multinational oil companies like____ became limit
g100num [7]

Answer:

Exxon Mobil and Shell

Explanation:

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-Both will benefit from BP's reduced expansion plan thereby increasing there market share in most of the strategic markets.

-BP will be left behind competition in the ever shrinking pie due to its reduced aggression.

3 0
3 years ago
I now have $23,000 in the bank earning interest of .50% per month. I need $33,000 to make a down payment on a house. I can save
Elena-2011 [213]

Answer:

41.92 months

Explanation:

In this question, we use the NPER formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

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= NPER(Rate;-PMT;-PV;FV;type)

The present value and the PMT comes in negative

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8 0
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umka21 [38]

Answer:

True.

Explanation:

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3 years ago
What is cooperative skill​
Delvig [45]
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