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zubka84 [21]
3 years ago
5

$1000 Principal with a 6% Interest Rate, Compounded Semi-Annually for 3 years.

Business
1 answer:
umka2103 [35]3 years ago
8 0

Answer:

$1,194.05

Explanation:

The applicable formula is A = P x ( 1+ r) ^ n

Where A is the future amount

P is principal amount $1000

r is 6% per year or 0.06

n= time in years; 3 years

Since interest is compounded semi-annually, r will be 0.06 /2 = 0.03

n will be 3 years /2 = 6 periods

A = $1000 x ( 1 + 0.03) ^ 6

A = $1000 x 1.194052

A=$1,194.05

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An executive in a computer software firm works with his office door closed. At the same time every hour heopens the door to see
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A.fixed-interval

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As we know that a interval is called fixed interval if things happen after a fixed time.For example a train come every morning at 7 AM this is a fixed time interval.

Here door  open after every hours and he checks that what his employees is doing.So just 5 minute before he opens the door every employees become alert and start to work as like he is doing work from one hour.

So the our option A is correct.

A.fixed-interval

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3 years ago
A business may survive and prosper during the growth stage even though it has neither differentiated its offering from competito
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B. Getting caught in the transition period without a clear strategic advantage.

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The problem of a double coincidence of wants refers to A. poorlyminusmanaged companies producing what consumers want only by coi
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D. the necessity in a barter system of each trading partner wanting what the other has to trade.

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Double confidence of wants was one of the shortcomings of the barter system.

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The introduction of money solved this problem.

I hope my answer helps you

7 0
3 years ago
Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How mu
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4 0
4 years ago
A Romer economy starts off with an initial stock of ideas equal to 100. The total population in the economy is 60, two of the wo
Reptile [31]

The stock of ideas in period 10 is 122.

<u>Explanation:</u>

  • A stock thought is the underlying driving force to examine a potential value venture. A stock thought is the initial phase in a procedure of screening, research, and judgment that eventually prompts a choice to put or not put resources into a given stock.  
  • The Stock of ideas in period t is equivalent to and is the efficiency parameter of the examination division (0.01), is the part of the populace that works in look into () and is the all out populace in the economy.

      Stock of ideas = initial stock idea(1 + productivity parameter  2)^10  

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      Stock of ideas = 122.        

6 0
3 years ago
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