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poizon [28]
3 years ago
10

How much money should be deposited today in an account that earns 3 %compounded semiannually so that it will accumulate to $ 13,

000 in three​ years?
Business
1 answer:
Elden [556K]3 years ago
5 0

Answer:

PV= $11,889.05

Explanation:

Giving the following information:

Future Value (FV)= $13,000

Number fo periods (n)= 3*2= 6 semesters

Interest rate (i)= 0.03/2= 0.015

<u>To calculate the initial deposit, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 13,000 / (1.015^6)

PV= $11,889.05

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vladimir1956 [14]

Answer:

D. corporation.

Explanation:

Companies are usually incorporated by the issuance/sale of shares. Corporations are entities that are legally separate from the owners.

The owners' interest in such entities are usually in form of shares held.

A sole proprietor is the owner of a business and no shares are issued before the business commences.

Trade agreements are agreements between two or more parties for which the terms and conditions as well as the responsibilities of the parties involved are spelt out in the deed.

Mutual agencies do not require the ownership of shares of stock.

The right option is D. corporation.

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3 years ago
When the supply and demand curves intersect
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Answer:

quantity supplied equals quantity demanded at the equilibrium price

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3 years ago
A firm has an operating cycle of 120 days, an average collection period of 40 days, and an average payment period of 30 days. Th
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Answer: 110 days

Explanation:

The operating cash cycle is the difference between the operating cycle (accounts receivable and inventory) and the payment cycle (accounts payable)

Days of operating cycle = (Days Accounts Receivable + Inventory days) - Days of Accounts Payable

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3 years ago
Which management style is characterized by the manager trusting the employees work ability and is best used with employees know
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7 0
4 years ago
Which of the following statements is correct?a. A decrease in the size of a tax always decreases the tax revenue raised by that
levacccp [35]

Answer:

A decrease in the size of a tax always decreases the deadweight loss of that tax.

Explanation:

Deadweight loss of tax is defined as the harm that is caused by tax to economic efficiency and prodction. It measures by how much taxes reduces the standard of living of a population.

Deadweight loss is the difference between to tax imposed and the reduction in production level it causes.

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Effect of tax on deadweight is illustrated in the attached.

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