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
Nina [5.8K]
2 years ago
9

If you know that the value of an asset is $100 today, what concept will tell you what it will be worth in 5 years given a certai

n interest rate
Business
1 answer:
Virty [35]2 years ago
6 0

Answer:

future value

Explanation:

Future value is the value of a sum of money at some point in the future given a  certain interest rate.

Formula for future value = present value x ( 1 + r )^n

Assuming i = 10

the future value of $100 in 5 years = 100 x ( 1.1)^5 = $161.05

You might be interested in
Duane has a small woodworking business and saves the money for college. He stores his tools in his apartment. Duane would like t
klasskru [66]

Answer:

First option is the right choice.

Explanation:

He will not have as much money for college classes, because he will have to pay for the trailer and its maintenance.

Visit: gotit-pro.com for fastest, top-notch and impeccable homework and exams help in a range of subjects and ace your academics.

Thanks and Best Regards: Your Friendly Study Co-Pilot

8 0
3 years ago
Bull’s weighted average cost of capital (WACC) be if it has to raise additional common equity capital by issuing new common stoc
hram777 [196]

Answer:

with only one chain and one pendant per necklace.write an expression that shows how much it will cost ronnie to make s short necklaces and n long necklaces. then find the cost for 3 short necklaces 2 long necklaces

8 0
3 years ago
During 2017 the inflation rate increased slightly but remained in the​ "comfort zone" and the unemployment rate was low. Why mig
goblinko [34]

Answer:B It thought that unemployment was a greater problem than the rising inflation rate

Explanation:

Inflation is the continuous rise in price of goods and services which is as a result of large volume of money in circulation used for the few available goods and services.

Unemployment is a situation where all that are willing and capable of being employed are unable to get employment.

In the above scenario lowering Interest rates will increase the volume of money in circulation which will invariably increase inflation and we equally increase level of investment as the cost of fund will be cheaper thereby lowering unemployment.

This action means unemployment is of greater problem than rising inflation.

It does not mean inflation is of more concern than unemployment otherwise it will have increase the interest rate, it will make loanable fund demanded to exceed supply and the quantity of money in supply will increase.

7 0
3 years ago
IM.72 The Candy Shack has a monthly demand of 150 bags of Watermelon Slices. They pay $10.97 for each box of candy which contain
alisha [4.7K]

Answer:

a). Total annual demand=13 boxes

b). Material cost per bag=$1.60

Explanation:

a). The following expressions can be derived;

Total number of bags=number of bags per box×number of boxes

where;

Total number of bags=150 bags

Number of bags per box=12 bags

Number of boxes=n

Replacing;

150=12×n

12 n=150

n=150/12=12.5

Number of boxes =12.5 rounded to the nearest whole number=13

Total annual demand=13 boxes

b). Material cost per bag

Total material costs=(Cost per box×number of boxes demanded)+Ordering cost

Total material costs=(10.97×13)+75=$217.61

Additional cost=(10/100)×217.61=21.761

Total material costs=(217.61+21.761)=239.371

Material cost per bag=Total material cost/number of bags

where;

Total material cost=$239.371

Total number of bags=150 bags

replacing;

Material cost per bag=239.371/150

Material cost per bag=1.596 to nearest two decimal places=1.60

Material cost per bag=$1.60

5 0
3 years ago
Alice earned $12 per hour. What equation shows the relationship between her
LenaWriter [7]

<em><u>The equation shows the relationship between her  weekly salary (w), hours per week (h), and rate per hour (r) is:</u></em>

w = h \times r

<em><u>Solution:</u></em>

Given that,

Alice earned $12 per hour

1 hour = $ 12

<em><u>Find the number of hours in 1 week</u></em>

1 day = 24 hours

1 week = 7 days

Therefore,

1 week = 7 x 24 = 168 hours

Let "h" be the hours per week

let "r" be the rate per hour

Let "w" be the rate per hour

From given,

r = $ 12

h = 168 hours

weekly salary = hours per week x rate per hour

w = h \times r

w = 168 \times 12\\\\w = 2016

Thus, she earns $ 2016 for 1 week

5 0
3 years ago
Read 2 more answers
Other questions:
  • A company's Inventory balance at the end of the year was $204,200 and $218,000 at at the beginning of the year. Its Accounts Pay
    13·1 answer
  • If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would b
    5·1 answer
  • Did I do this finance question correctly?<br><br> (Please help asap)
    8·1 answer
  • Acme Manufacturing Company’s controller was classifying costs for the most recent financial statement period. Which of the follo
    7·1 answer
  • Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a
    15·1 answer
  • Which one of the following is not an assumption for the law of one price? a. There is free competition b. There is no transporta
    8·1 answer
  • If a perpetual inventory system is in use _____. a physical inventory count is not required because the Inventory account is upd
    7·1 answer
  • The risk-free rate is 3%. MCD currently prices at $25. The Delta of a 1-year at-the-money European call on MCD is 0.5. John has
    7·1 answer
  • To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for, Multiple choice question
    15·1 answer
  • Thomas co. sold $1,000 worth of merchandise on a bank credit card less a 3ee. the entry to record the sales transaction would in
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!