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DanielleElmas [232]
3 years ago
13

A restaurant is a workplace for someone whose career specialty is in

Business
1 answer:
Rus_ich [418]3 years ago
6 0
Answer:

Culinary arts


Explanation:

Culinary arts is cooking.
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Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years
alukav5142 [94]
The answer is $8,030
Explanation:
Present Value (PV) = $5,000
Future Value(FV) = ?
Interest rate(r) = 7 percent
Number of years (N) = 7 years
The formula for future value is:
FV = PV(1+ r)^n
= $5,000(1+0.07)^7
$5,000(1.07)^7
$5,000 x 1.605781476
=$8,028.91
Approximately $8,030
Alternatively, we can use a Financial calculator:
N= 7; I/Y= 7, PV= -5,000 CPT FV= $8,028.91
Approximately $8,030
6 0
2 years ago
Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. the amount of interest that jasper will collect on the loan is:
scZoUnD [109]
This a simple interest question with the principal = $25,000 time = 90 days and rate = 7%.
The simple interest in an investment after t days is given by PRT / (100 x 360). where P = $25,000 R = 7% and T = 90

S.I = (25000 x 7 x 90) / (360 x 100) = 15750000 / 36000 = 437.5

Therefore, the amount of interest Jasper will collect is $437.50
5 0
3 years ago
Why do many businesses use price competition?
Alik [6]
For it to be fun. No competition means no fun in the environment.
4 0
3 years ago
LTM, Inc. has an issue of preferred stock whose par value is $1,000. The preferred stock pays a 4.5% dividend. If investors requ
Elena L [17]

Answer:

Explanation:

return on preferred stock (rp) = Dividend/ Current price

rate of return  = 5.5% or 0.055 as a decimal

Dividend amount = dividend rate * par value ;

Dividend amount = 4.5% * 1000 = $45

Current price = ?

Next, plug the numbers to the formula above to find Price;

0.055 = 45/ Price

0.055Price = 45

Divide both sides by 0.055;

Price = 45/ 0.055

Price = $818.18

7 0
2 years ago
When American Airlines decided to review new ideas aimed at first-class passengers on very long flights, like an ultra high-spee
attashe74 [19]

Answer:

define the problem and research objectives.

yw b

3 0
3 years ago
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