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garik1379 [7]
2 years ago
11

Sue now has $490. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?

Business
1 answer:
Alina [70]2 years ago
3 0

Answer:

c.$941.10

Explanation:

Calculation for How much would she have after 8 years

Using this formula

FV = PV(1+i)^n

FV represent future value

PV represent present value

i represent interest rate

n represent number of periods

Let plug in the formula

FV = 490(1 + .085)^8

FV= $941.10

Therefore How much would she have after 8 years will be $941.10

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Lists two things that both increase the money supply?
DENIUS [597]

Answer:

Decrease is taxes

Increase in government spending

Explanation:

Government policies that increases the money supply in an economy is known as expansionary fiscal policy. They are:

1. Decrease is taxes - when government reduces the tax rate, the amount paid as taxes falls and as a result individuals, companies have higher disposable income whuch can be used for consumption or saving. This increases the money supply in the economy.

2. Increase in government spending - if the government increases it's spending on public goods for example, money supply would increase. If the government constructs a road, labour would be employed and paid wages. This payment increases the income of Labour and money supply increases.

Central bank policies that increases money supply are known as expansionary monetary policies. They include:

1. Open market purchase: The central bank purchase securities from the open market to increase money supply.

2. Reduction in reserve requirement ratio : if the reserve requirement ratio is reduced , commercial banks would have more money to give out as loans and this would increase money supply.

6 0
3 years ago
What are operating expenses?
skad [1K]

Answer:

see below

Explanation:

Operating expenses are the cost a business incurs while engaging in its normal business operations. They are the costs not directly be attached to the production process. A business incurs operating expenses in managing it day to day activities. They exclude one time expenses such as judgment cost,  accounts adjustments, and other non-recurring costs.

Operating expenses are classified into administrative, selling, and general expenses. Businesses cannot avoid operating expenses; hence the management should strive to keep them as low as possible. Examples of operating expenses include rent, salaries,  employee benefits, transport,  depreciation, repairs, taxes, sales commissions, amortization, and pension contributions.

3 0
3 years ago
Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.
7nadin3 [17]

Please kindly note that none of the

Options given in the question is correct.

The correct answer is calculated and explained below

Answer:

$79.92 per move.

Explanation:

Activity rate can be calculated by dividing Activity cost budgeted for the particular activity pool by the Estimated or Total Activity base for that pool

Activity rate = Budgeted activity cost ÷ Estimated or Total Activity base

In the question above,

Budgeted Activity cost for material handling = $443,500

Estimated or Total Activity base for material handling (Summation of Total moves) = 1,460 + 760 + 3,700 = 5920 moves

Activity rate = $443,500 ÷ 5920

= $79.92 per move.

3 0
3 years ago
Marcella has a $65,000 basis in her 50% partnership interest in the JM Partnership before receiving any distributions. This year
PSYCHO15rus [73]

Answer:

C) $40,000 inventory basis, $15,000 JM basis.

Explanation:

JM distributed $80,000 worth of inventory, since Marcella has a 50% partnership interest, then half of the inventory belongs to her, $40,000 (= $80,000 / 2).

Since Marcella also received $10,000 in cash from JM, then her remaining basis in the partnership is:

$65,000 - $40,000 - $10,000 = $15,000

3 0
3 years ago
Explain why voluntary organizations that survive on dues and small contributions from a mass membership often do best when the o
Westkost [7]

Voluntary organizations that survive on dues and small contributions from a mass membership often do best when the political climate is worst because citizens want to have faith in something.

SCVO defines voluntary organizations as non-profit pushed, non-statutory, self-sufficient and run through those who do no longer receives a commission for running the enterprise. a few voluntary companies are recognized through the Inland revenue as charities.

The purpose of voluntary organizations is to fulfil their challenge and work in the direction of the greater right in some precise manner, as opposed to to make a profit. This often method they prioritize things differently than a enterprise would do.

Examples of organizations within the voluntary quarter consist of: Charities: global imaginative and prescient, American pink pass, and YWCA. Foundations: David Suzuki Foundation, invoice and Melinda Gates basis. Social Welfare companies: Human Rights Watch, Environmental protection employer (EPA)

Learn more about organizations here: brainly.com/question/24448358

#SPJ4

6 0
1 year ago
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