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NeX [460]
3 years ago
12

is deposited into an account earning interest a month, compounded monthly. Round your answers to two decimal places. (a) How muc

h is in the account right after the deposit? Right before the deposit? Balance right after the deposit Enter your answer; Balance right after the 6^th deposit = $ 1940.52 Balance right before the deposit Enter your answer; Balance right before the 6^th deposit = $ 1940.52 (b) How much is in the account right after the deposit? Right before the deposit? Balance right after the deposit Enter your answer; Balance right after the 12^th deposit = $ Balance right before the deposit
Business
1 answer:
AlekseyPX3 years ago
5 0

Answer: Hello your question is poorly written hence i will provide a general answer/explanation within the scope of your question

answer

A = ( P + i )^n

Explanation:

Final Amount after/before  n deposits using a compounded interest can be calculated using the function below

A = ( P + i )^n

where : A = amount , P = principal , i = interest rate , n = number of payments

In this question ; i = r/m given that interest rate is compounded monthly.

r = Annual interest rate

m = number of months

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Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activit
Zina [86]

Answer:

$5,857; $1,105

Explanation:

Cash flows from investing activities:

= Proceeds from sale of property and equipment + Sale of investments - Purchase of property, plant, and equipment

= $6,594 + $134 - $871

= $5,857

Therefore, the net cash provided by the investing activities is $5,857.

Cash flows from Financing activities:

= Borrowings under line of credit (bank) + Proceeds from issuance of stock - Payments to reduce long-term debt - Dividends paid

= $1,417 + $11 - $46 - $277

= $1,105

Therefore, the net cash provided by the investing activities is $1,105.

6 0
3 years ago
If Sasha works for 6 hours she can rent
zloy xaker [14]

Based on the number of apartments that Sasha can rent at 6 and 7 hours, her marginal benefit in the 7th hour is<u> 3 apartments. </u>

<h3>What is Sasha's marginal benefit?</h3>

This refers to the additional number of benefits that Sasha gets when she works an extra hour.

As a result of working one extra hour from 6 hours to make it 7 hours, the additional benefit Sasha gets is:

= 12 - 9

= 3 apartments.

Find out more on marginal benefits at brainly.com/question/11937697.

5 0
2 years ago
In the figure below, ∆LMN is an equilateral triangle, side \overline {LM} LM is bisected by O, side \overline {LN} LM is bisecte
likoan [24]

Based on the calculations, the measure of angle PON (∠PON) in equilateral triangle LMN is equal to 30°.

<h3>What is an equilateral triangle?</h3>

An equilateral triangle can be defined as a special type of triangle that has equal side lengths and all of its three (3) interior angles are equal.

Since triangle LMN is an equilateral triangle, the following applies:

LN = LM = MN

∠LNM = ∠L = ∠LM = 60°

OP // MN (O and P are midpoint).

∠NPO = 90° + (90° - 60°) = 120°

∠PNO = ∠LNP/2 = 60/2 = 30°.

Therefore, ∠PON is given by:

∠PON = 180° - (∠PNO + ∠NPO)

∠PON = 180° - (30° + 120°)

∠PON = 180° - 150°

∠PON = 30°

Read more on equilateral triangle here: brainly.com/question/14709905

#SPJ1

4 0
2 years ago
A student got a $5000 grant per quarter and the opportunity to work on campus at a rate of $12 per hour, but no more than 15 hou
Strike441 [17]

Hi, you've asked an incomplete question. The options read;

a) E= 5000 (1-0.05) + 10 * 12 * H * (1 - 0.08).

b) E= 5000 (1-0.05) + 10 * 12 * H * (1 - 0.08) H≤15 (this reads: H less or equal to 15.

c) E= 5000 * (1 - 0.95) + 12 * H * (1 - 0.08) H≤15 [this reads: H less or equal to 15].

d) E= 5000 (1-0.05) + 12 * H * (1-0.08).

Answer:

<u>b) E= 5000 (1-0.05) + 10 * 12 * H * (1 - 0.08) H≤15 (this reads: H less or equal to 15.</u>

Explanation:

Using this model we note the following,

  • H is represented by  15 (hours)
  • 5% handling fee represented by 0.05
  • 8% income tax is represented by 0.08
  • rate is represented by 12 ($)

<u>Substituting this data into the model we have:</u>

⇒ 5000 (1-0.05) + 10 * 12 * 15 * (1 - 0.08)

⇒ 4750 + 1800 (1-0.08)

⇒ 4750+1656 <u>= $6406.</u>

4 0
3 years ago
The Procter &amp; Gamble (P&amp;G) Company produces bar soap, disposable diapers, deodorants, laundry detergents, cookies, cake
Airida [17]

Answer:

Product Mix

Explanation:

Product Mix is defined as the combination of products produced to increase the market share of the company and ultimately the profits for a company. The Procter and Gamble (P&G) Company produces many different products including deodorants, cookies, shampoo, cake mix, disposable diapers, laundry detergents, bar soaps and many other types of products to increase the market share of the company.

3 0
3 years ago
Read 2 more answers
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