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vodomira [7]
3 years ago
9

Suppose you have $850 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. Ho

w much will you have when the CD matures?
Business
1 answer:
olganol [36]3 years ago
8 0

Answer:

FV= $772

Explanation:

Giving the following information:

Initial investment (PV)= $850

Interest rate (i)= 3.5% = 0.035

Number of periods (n)= 5 years

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 650*(1.035^5)

FV= $772

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What is "transfer pricing?" The prices established to record an intercompany sale The taxes paid on sales in a foreign country T
Lisa [10]

Answer:

Transfer pricing are the prices established to record inter-company sale

Explanation:

The transfer price is the price at which one arm of a business sells to the other.For instance,the price at which one division of a company sells to  another division,

The transfer price is very important in order that tax authority may see that the sale price charged is at arms length for all parties involved.

6 0
3 years ago
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While similar in some respects, the key difference between panel data and pooled cross-sectional data is that panel data consist
elixir [45]

Answer:Yes

Explanation:

Pooled data occur when there is a time series of different cross sections with each observations not necessarily from the same unit while Panel data is sample from the same units. The main difference between them is the "units". The units can be countries, households, schools or other things we are collating data on.

In pooled cross section, random samples from different time periods and from different units are taken e.g. we can take data on number of females and males in schools A, B and C in 2020 and schools X, Y and Z in 2023.

In pure panel data, we are using the same units e.g we can take data on genders in schools A, B and C in 2020 and collect data from the same schools in 2023. Therefore the main difference is just the units we observe.

5 0
2 years ago
1. How is GE changing its business strategy and business model? What is the role of information technology in GE’s business? 2.
NemiM [27]

Answer:

See explanation section.

Explanation:

Requirement 1

General Electric (GE) is always helping people with a variety of modern technology. Therefore, its main aim is to focus on technology that assists the world with a faster data collection medium. The company is converting its business towards technology. With the help of Jet engines and oil-refining material, it can generate electric power. The cloud-based software changed the whole company. Now, the company is monitoring only about technology to become a successful software servicing company.

Requirement 2

As the future of the world is getting modernized, General Electric company is focusing on software and the Internet of Things. GE is trying to take its customers base from traditional on-site manufacturing to digital software-based operations. The launch of sensor-generating data has revolutionized the success. Using cloud-based data make the company more productive and reliable. The overall thinking towards the future is superlative.

Requirement 3

General Electric company launched Predix in 2015 to accumulate data. The three decisions to use Predix are -

1. As Predix can operate on each cloud infrastructure, it can provide sensor and analyze the data quite quickly.

2. Since Predix is a high standard cloud-based protocol, it enables customers to join quickly to the mechanical market.

3. With the help of Predix, each customer can adjust the size and range of the current levels of use to understand their requirements.

Requirement 4

People like to use from all over the world, General Electric (GE) equipment. They also like to mix that equipment with other companies' equipment to produce a high-qualified machine. As people are using more GE equipment with others, it is discussing the customers to handle the GE related equipment for a permanent basis. Therefore, it is becoming a software company.

3 0
3 years ago
All of the following are ways to collect useful marketing research information except
prohojiy [21]

Answer:

impulsively stopping persons on the street to inquire about their buying habits

Explanation:

For businesses which are to be started, conducting marketing research can help the business know the products that would generate profits while for existing businesses, market research help companies to determine if their customers are satisfied with their services. Ways of conducting market research are:

  • Conducting interviews through phone calls or person to person.
  • sending questionnaires by mail or placing them online
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  • Buying information from commercial or governmental data sources.

Using information from commercial or governmental data sources may not be reliable because it may be outdated.

8 0
3 years ago
An amortized loan: Multiple Choice requires the principal amount to be repaid in even increments over the life of the loan. may
babymother [125]

Answer:

The correct answer is: may have equal or increasing amounts applied to the principal from each loan payment.

Explanation:

Amortization can be defined as the process of spreading out the loan in monthly payments. An amortized loan has scheduled periodic payments for both interests as well as principal. If the payments for each period are equal it is called a fully amortized loan.

In amortized loans the interest is paid off first then the amount excess of interest reduces the principal. A common example of amortized loans is auto loans, home loans.

The payments for amortized loans can be equal or unequal for each period.

7 0
3 years ago
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