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alex41 [277]
3 years ago
15

Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $1

20,000 3-years from now. How much must Shane deposit to accomplish his goal
Business
1 answer:
ANTONII [103]3 years ago
3 0

Answer:

84165.59

Explanation:

12000=x(1+\frac{.06}{2})^{2*6}\\.\frac{120000}{(1.03)^{12}}=84165.58562

which we will round to 84165.59

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PLS HELPPP FASTTT!!!! Which of the following is not consistent with the efficient market hypothesis?
Morgarella [4.7K]

Answer:

c. News has no effect on stock prices.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country. For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis which states that, asset (share) prices reflect all information and it is very much impossible to consistently beat the market. Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

According to the efficient market hypothesis, News has an effect on

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6 0
3 years ago
The United States and the European Union are groups of semi-independent states that have come together under an agreement whereb
goldfiish [28.3K]

Answer:

C. Each state or country can adopt large-scale production techniques that allow lower per-unit costs of production.

Explanation:

Typically explained, Economies of scale (EOS) are the advantages or benefits a firm achieves due to increase in production or operation which in turn leads to decrease in per unit costs.

Here in this question, it is evident that the only way economies of scale could be achieved is by increasing the large scale production techniques that leads to lower per-unit costs of production for the firms.

Hope this clear things up.

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6 0
3 years ago
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Rayman Automobiles, an automobile manufacturing company, was founded in 1912. The company primarily focused on creating greater
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Answer:

Option C: Production Era

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8 0
2 years ago
67 people of 350 surveyed gave your company five stars. Of men, 40 out of 175 gave your company five stars. Was your company rat
marishachu [46]

Answer:

The company was rated 5 stars more by Men

Explanation:

Given that

General population = 67/350

Men = 40/175

In checking the percentage ratio, we have

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= (67/350) × 100

= 19.14%

b. Men population

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= 22.85%

Thus, seeing that 22.85% > 19.14%, therefore, company was rated 5 stars more among the men population.

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