According to the Small Business Administration, the percentage of businesses that

Today you put $1000 in the bank. your bank pays 5% interest, continuously compounded. in 3 years, how much money will you have i

IRINA_888 [86]

With continuous interest,
$F=Pe^{rt}$
where
F=future value
P=principal = 1000
r=rate=5%
t=time=3 years

$F=Pe^{rt}$
$=1000e^{0.05*3}$
$=1000e^{0.15}$
$=1161.83$

Answer: The accumulated amount after three years is $1161.83

4 0

3 years ago

Small Businesses in America

PSYCHO15rus [73]

Small scale business society can nurture entrepreneurial skills in children

7 0

3 years ago

General motorsâ€™ stand against apartheid in south africa was based upon what came to be known as _____. the human rights moveme

vovikov84 [41]

The answer is Sullivan Principles. General Motors embraced what came to be named as Sullivan principles. This is name after Leon Sullivan which is also a member of GM's Board of Directors. Sullivan contended that it was morally right for GM to function in South Africa so long as two circumstances were satisfied. First, the company should not follow the apartheid laws in its own South African operations. Second, the firm should do all within its power to endorse the elimination of apartheid laws.

5 0

3 years ago

On January 1, Lorain Corporation had 2,000 shares of $5 par common stock authorized and outstanding. These shares were originall

Dovator [93]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

1. Treasury Stock $2,400 (100 Shares × $24)

To Cash $2,400

(Being treasury stock is recorded)

2. Cash Dr, $825 (25 shares × $33)

To Treasury Stock $600 (25 shares × Cost $24)

To Additional Paid in Capital-Treasury Stock $225

(Being the sale of acquired share is recorded)

3. Cash Dr, $550 (25 shares × $22)

Additional Paid in Capital-Treasury Stock Dr, $50

To Treasury Stock $600 (25 shares × Cost $24)

(Being the sale of acquired share is recorded)

4. Common Stock Dr, $250 (50 Shares × $5 par value)

Additional Paid in Capital-Treasury Stock Dr, $175 (225 - $50)

Retained Earnings Dr, $775

To Treasury Stock $1,200 ($2400 - $600 - $600)

(Being retired share is recorded)

6 0

3 years ago

Type the correct answer in the box. Spell all words correctly.

Shalnov [3]

The marketing method used in the situation described is advertising.

<h3>What is marketing?</h3>

Marketing is a business term that refers to the set of actions of a company intended to intentionally stimulate the demand and purchase of goods and services.

One of the most popular marketing actions is advertising, in which advertisements are created to create a need for the buyer to purchase that good or service. Sometimes advertising includes a specialization, that is, it focuses on a specific audience.

In the case described, the company is using advertising so that people believe they need to buy the ticket and participate in the experience offered by it. Additionally, people will be more interested in this package because it includes different activities from other cruises.

Learn more about marketing in: brainly.com/question/10789897

3 0

2 years ago