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bogdanovich [222]
3 years ago
12

Robert and rosie both invested $7,500 four years ago. they both earned a 15% return, however robert earned a simple return of 15

% and rosie earned a compounded return of 15%. how did this difference in compounding affect their investments' value today? robert will have $1,117.55 more than rosie rosie will have $1,117.55 more than robert robert will have $2,250.00 more than rosie rosie will have $2,250.00 more than robert their investments will be worth the same
Business
1 answer:
timurjin [86]3 years ago
8 0
The difference between simple and compound interest is significant because the interest is higher when using compounding. Robert's investment amounted to $12,000 after 4 years while Rosie's investment after 4 years totaled to $13,117.55 with a difference of $1,117.55.

Thus, Rosie will have $1,117.55 more than Robert.
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svetoff [14.1K]

It is not recommended to skip performing the risk identification on a project. If this process is skipped, the organization might run into unforeseen dangers that will stall their projects and prevent them from reaching their objectives.

<h3>What is the risk identification step?</h3>

The risk identification process is designed to study and find out the elements that will prevent an organization from reaching its set objectives.

he risk identification process helps the organization to know the risk that is set before them and prepare to bypass or overcome the challenges. The risk identification step is the first step that must be taken to avoid problems along the way.

Learn more about the risk identification step here:

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6 0
1 year ago
On December 15, 2018, Rigsby Sales Co. sold a tract of land that cost $3,700,000 for $5,000,000. Rigsby appropriately uses the i
xxTIMURxx [149]

Answer:

$127,400

Explanation:

Gross profit ratio = [(sale - cost) ÷ sale price] × 100

                           = [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100

                          = 0.26 × 100

                          = 26%.

Gross profit on down payment is recognized in 2019:

= Down payment × Gross profit ratio

= $490,000 × 26%

= $127,400

5 0
2 years ago
True or False The best sales organizations: Integrate sales with other business functions. Focus on key strategic issues. Create
PSYCHO15rus [73]

Answer:

The statement is: True.

Explanation:

Sales entities with <em>optimal employee practices</em> are not only in charge of <em>recruiting qualified personnel</em> that could help them reach their profit objectives. Those firms are characterized by<em> involving the sales representatives in activities at all levels of the marketing department.  </em>

From the first day the new hires for the sales department start operations, they are <em>informed about the corporate culture</em> of the company which is likely to be related to customer satisfaction. Also, best sales organizations worry about the <em>salesclerks' skills development</em> by providing them training. All those factors increase <em>workers' commitment </em>to the firm wanting them to keep their job position for long periods.

8 0
3 years ago
Hepner Corporation has the following stockholders' equity accounts:
OLga [1]

Answer:

$235,000

Explanation:

The computation of the goodwill amount attributed is shown below:

Common stock $1,660,000  

Preferred stock $630,000  

Non controlling interest in common stock $415,000  

Non controlling interest in preferred stock $270,000  

Fair value at acquisition date                 $2,975,000  

Book value  $2,740,000 (560,000 + $810,000 + $360,000 + $1,010,000)

Goodwill                        $235,000

5 0
3 years ago
When there is a break in an electric tools insulation or wiring the tools metal may become what
denpristay [2]

Answer:

Hot or energized

Explanation:

8 0
2 years ago
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