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Law Incorporation [45]
3 years ago
11

Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the stated interest rate after t

he stated amount of time. 1% per year, compounded annually, after 11 years
Business
1 answer:
babymother [125]3 years ago
6 0

Answer:

$11,046

Explanation:

Present value = $10,000

Interest rate = 1%

Years = 11 years annually

Future value = A(1 + i/)^n

Future value = $10,000*(1 + 0.01)^10

Future value = $10,000*(1.01)^10

Future value = $10,000*1.10462212541

Future value = $11046.2212541

Future value = $11,046

So,  the future value FV of the investment after 11 years is $11,046

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It is important to know your own strengths and weakness. T or F I'm pretty sure its T but I wanna make sure-
stepan [7]

Answer:

True.

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

Hence, it is important to know your own strengths and weakness because it would help in the decision-making process.

7 0
2 years ago
Once every __________, the Census Bureau does a comprehensive survey of housing and residential finance.
Amanda [17]
Once every 10 years search it up if I am wrong
5 0
3 years ago
In a bad news message the reasons for the decision
zmey [24]

Answer:

should be long and roundabout to cushion the negative aspects

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Explanation:

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3 0
3 years ago
In the short run, expansionary monetary policy ___________ real gross domestic product (GDP), ___________ unemployment, and ____
iren2701 [21]

Answer:

a.raises; lowers; raises

Explanation:

An expansionary monetary policy is usually undertaken by the Central bank to increase money supply.

When money supply is increased, output increases and real GDP rises.

The rise in money supply which causes output to increase would lead to an increase in demand for Labour. This would reduce unemployment.

Because of rise of money supply, the supply of money in the economy would rise and the price level would rise.

I hope my answer helps you.

5 0
3 years ago
Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $6
JulsSmile [24]

Answer:

$26,800

Explanation:

Sales revenue after further processing:

= Units produced from each ton of clypton × Selling price per unit

= 7,300 × $15

= $109,500

Sales revenue at split off point:

= Units produced from each ton of clypton × Selling price per unit

= 7,300 × $10

= $73,000

Incremental revenue:

= Sales revenue after further processing - Sales revenue at split off point

= $109,500 - $73,000

= $36,500

Incremental profit = Incremental revenue - Incremental cost

                              = $36,500 - $9,700

                              = $26,800

Therefore, financial advantage (disadvantage) of further processing product X15 is $26,800.

3 0
3 years ago
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