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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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Explanation:

However, there is a more important reason to conserve fossil fuels, and that's to help heal the environment. Burning petroleum, coal and natural gas fills the air with harmful pollutants, including nitrogen oxides, sulfur dioxide, carbon dioxide, ozone and a host of hydrocarbons.

3 0
3 years ago
Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10. Location choice J has monthly fixed co
Vinvika [58]

Answer:

The indifference point is 50,000 units.

Explanation:

Giving the following information:

Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10. Location choice J has monthly fixed costs of $150,000 and per-unit variable costs of $9.

First, we need to determine the total cost formula for each location:

Location I:

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Location J:

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Now, to calculate the indifference point, we need to isolate X:

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x= 50,000 units

The indifference point is 50,000 units.

7 0
3 years ago
Which of the following are ways to motivate employees?
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Answer:

The Answer is:

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Explanation:

I got it right trust

4 0
3 years ago
Given the following information pertaining to item AX143, determine the appropriate number of kanban cards that should be used t
Mariana [72]

Answer:

=260 units.

Explanation:

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6 0
3 years ago
Suppose that a consumer has a marginal propensity to consume of 0.7. If this consumer earns an extra $2, her consumption spendin
inn [45]

Answer:

Her consumption spending will rise by $1.40

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