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Kruka [31]
3 years ago
14

A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its value after 7 years? Round the

answer to nearest dollar.
Business
1 answer:
Alex787 [66]3 years ago
7 0

Answer:

9100

Explanation:

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The major portion of the monthly payment is used to pay off the principal. True
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This is true.................
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3 years ago
Find the no-arbitrage cross exchange rate. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-yen exchange
Nina [5.8K]

Answer:

¥192/€1.00

Explanation:

In order to determine the cross rate, we need a formula such that the dollar sign in one exchange rate cancels the other dollar sign in the second exchange such that we are left with both Yen and the Euro as shown by the formula below:

S(€/¥) = S($/¥) / S($/€)

S($/¥) =$1/¥120

S($/€)=$1.60/ €1.00

S(€/¥) =($1/¥120)/($1.60/ €1.00)

if we change the division to multiplication we would have the below

S(€/¥) =$1/¥120*€1.00/$1.60

S(€/¥) =€0.005208333

This means that €0.005208333 =1¥

1¥/ €0.005208333=¥192

6 0
3 years ago
Julie is looking to sell her flower shop. She should hire a(n) _____ to help her find a buyer and negotiate the sale.
Alchen [17]

Answer:

B is the answer for the question

8 0
3 years ago
How do we know how much to fix when selling a house?
Sophie [7]
Depending on the location if the house and how much you want to sell it for. Just make sure basic things such as Holes in wall’s are fixed or more noticeable details. Otherwise if the house is in good shape and appliances, heating, water are all fine then not a lot.
5 0
3 years ago
Studying ________ can help you develop skills and acquire knowledge to prepare for your future career, regardless of whether you
Hatshy [7]

Studying Business can help you develop skills and acquire knowledge to prepare for your future career, regardless of whether you plan to work for a multinational Fortune 500 firm, start your own business, work for a government agency, or manage or volunteer at a nonprofit organization.

Explanation:

A Business is defined as a commercial, industrial or professional organization or business entity. Companies may be profitable organizations or non-profit organizations which operate to carry out a charity mission or a social cause.

Business vary from a single company to an international corporation. Many theories relate to business management, including organizational behaviour, corporate theory and strategic management. The individuals have been engaged in business since ancient times; businesses have historically engaged in commodities, commercial guilds or mutual agricultural production.

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3 years ago
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