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TiliK225 [7]
3 years ago
6

Matt is saving to buy a new motorcycle. if he deposits ​$75 at the end of each month in an account that pays an annual interest

rate of 4.5​%, how much will he have in 15 ​months? assume that the compounding is being done monthly.
Business
1 answer:
navik [9.2K]3 years ago
6 0
Isr vounph xfuxih oh ohf
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) What is the definition of business research? A) The process of analyzing secondary information and providing executives with t
Alisiya [41]

Answer:

The correct answer is option D) The process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem.

Business research can help organizations to come up with solutions that can help them grow out of problems related to any section of the business. Enough data needs to be collected so the problem can be analysed properly and the solution can be figured out in a productive manner.

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3 years ago
A bond represents a contract of indebtedness issued by a corporation that promises payment of a principal amount plus interest a
ohaa [14]

<span>The answer to this question is “TRUE”. A bond is just like a loan. However, the main difference is that with loans, the public is borrowing money from a bank or lending source. With Bonds, the company borrows money from the public. Both have interest rates and payment due based on the terms of agreement.</span>

4 0
3 years ago
Shop –N-Go Systems purchased cash registers on April 1 for $6,000. If this asset has an estimated useful life of four years, wha
vichka [17]

Answer:

Depreciation= $250

Explanation:

Giving the following information:

Purchasing price= $6,000

Useful life= 4 years

Depreciation= straight-line

First, we need to calculate the annual depreciation:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= 6,000/4= 1,500

Now, the depreciation for two months:

Depreciation= (1,500/12)*2

Depreciation= $250

3 0
3 years ago
what is the description and the risk factors of unit trust,managed portfolio,shares,debentures,fixed property
Vedmedyk [2.9K]

Funds that can hold assets in unincorporated mutual fund structure is called a unit trust.

The profits that are earned will go straight to the individual unit owners and it won’t be reinvested back into the fund.

When a professional investor buys and sells shares in a share market on a person’s behalf, it is called a managed portfolio.

Equal units of ownership in a company’s capital are called shares. A share of profit is given to the holder of shares.

Debentures are debt instruments, which give the holder a right to get fixed interest income.

Fixed Property, also known as long term tangible assets are the assets that add value to an organization and help it in value addition. For example Land, Building and Machinery.


8 0
3 years ago
How does the economy work?
xenn [34]
Your question is too broad. It took me two 48-hour courses to learn the basics of how the economy operates.

While it is interesting and I do not wish to discourage your curiosity, please make the question more specific.

For now, all I can say is that the primary function of an economy is integrating the 4 factors of production - Land, Labor, Enterprise and Capital - to produce goods profitably. This is made possible through the interactions between the consumers (also the labor), private firms, financial sector and the government sector. I would suggest watching a video on the circular flow on income on YouTube for more information on these interactions.

Furthermore, economics is concerned with solving the basic economic problem, which is the existence of unlimited wants in relation to the limited resources available on our planet. This leads us making choices (which wants to satisfy through production and consumption) and making sacrifices (which wants to give up as there only a limited amount of resources available). Economics in general deals with attempting to get the most out of the resources available. It deals with anticipating consumer behavior, trends and using this analyzed information to make decisions.

The last thing you should know is that economics is most broadly categorized into two field - Macroeconomics and Microeconomics.

Microeconomics deals with the interaction between individuals, i.e., individuals firms/industries, consumers. This deals with such things as factors affecting the demand of goods, the concept of elasticity, factor affecting supply of goods, the marginal utility theory and so forth.

Macroeconomics deals with the economy as a whole - this includes concepts such as national income (GDP), aggregate demand and supply, the multiplier effect, the factors affecting consumption, investment,government expenditure and net exports, the exchange rate systems and Balance of Payments.

P.S. In the above answer, I have only briefly mentioned the basics. If you would like further understanding of the basics then please YouTube/Google each economics term listed above.
5 0
3 years ago
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