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3 years ago

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Business

1 answer:

andrew11 [14]3 years ago

7 0

Answer:

1. 17%

2.12%

3.Savings and Rent

4. 4%

Explanation:

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Suppose you have $2,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 6.5% interest, compounded annually.

Phoenix [80]

Answer:

<em>The future value of the investment will be $3,754</em>

Explanation:

<u>Future Value of Investment</u>

Suppose we have a principal P invested for a period of n years at an interest rate i compounded annually. The final value or future value FV of the investment can be computed by:

$FV=P(1+i)^n$

The case we are considering consists of a present value P=2,000 that will be used to purchase a n = 10-year certificate of deposit (CD). It pays i=6.5% interest. When the CD matures, 10 years from now its value will be

$FV=2,000(1+0.065)^{10}$

$FV=2,000\cdot 1.877=3,754$

The future value of the investment will be $3,754

8 0

3 years ago

The general ledger of Pop's Fireworks includes the following account balances in 2021:

zimovet [89]

Answer:

June 3

Account Receivable $7,000 (debit)

Service Revenue $7,000 (credit)

June 8

Cash $4,500 (debit)

Discount allowed $500 (debit)

Accounts Receivables $5,000 (credit)

November 15

Bad Debt $1,500 (debit)

Accounts Receivables $1,500 (credit)

Explanation

The above transactions must be adjusted as they affect our transactions at the reporting date. Remember to grant the cash discount on early settlement of the payment made on June 8. The policy of sales on account is on the terms of 2% cash discount on payments made within 10 days.

7 0

3 years ago

Am in grade 10 and i don't know what to study for at vasity

notsponge [240]

Choose something that you want to do for a very long time

5 0

4 years ago

In December ,General Motors produced 7,200 customized vans at its plant in Detroit. The labor productivity at this plant is know

sweet [91]

Answer:

A) The number of hours per worker during December= 211,76 hours

B) The number of hours per worker during December=141,18 hours

Explanation:

In December, General Motors produced 7,200 customized vans at its plant in Detroit.

The labor productivity at this plant is known to have been 0.10 vans per labor hour during that month

340 laborers were employed at the plant that month.

Considering that each worker produces 0,10 van an hour.

340workers*0,10=34vans per hour

The number of hours per worker during December= 7200vans/34vans= 211,76 hours

B) Labor productivity increases to 0,15 vans per hour per worker.

340workers*0,15= 51vans/hour

The number of hours per worker during December= 7200vans/51= 141,18 hours

4 0

3 years ago

To prevent loss of work ore computer it is essential to?

aksik [14]

Answer:

letter D.

Explanation:

3 0

3 years ago

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