1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeka94
3 years ago
6

A company that utilizes carbon fiber 3-D printing wants to have money available two years from now to add new equipment. The com

pany currently has $650,000 in a capital account and it plans to deposit $200,000 now and another $200,000 one year from now. The total amount available in two years, provided it returns a compounded rate of 15% per year, is closest to
Business
1 answer:
Alenkinab [10]3 years ago
5 0

Answer:

Total amount available in two years is $1,354,125.

Explanation:

The total amount available in two years can be calculated as follows:

Total amount in the deposit now = Current deposit + Amount planned to be deposited = $650,000 + $200,000 = $850,000

Future value of the total amount the deposit now = Total amount in the deposit now * (1 + Annual interest rate)^Number of years the deposit used = $850,000 + (1 + 15%)^2 = $1,124,125

Future value of next year's deposit = Next year's deposit * (1 + Annual interest rate)^Number of years the deposit used = $200,000 * (1 + 15%)^1 = $230,000

Total amount available in two years = Future value of the total amount the deposit now + Future value of next year's deposit = $1,124,125 + $230,000 = $1,354,125

You might be interested in
  Which of the following business entities would allow you the most personal control?
Lyrx [107]
Maybe D . not sure . correct me if im wrong. 
3 0
3 years ago
Read 2 more answers
The lazy-boy furniture company collects information about a wide variety of competitive, economic, political, legal and regulato
Sonja [21]

Environmental Scanning.

5 0
3 years ago
Why would this be a better career choice than some of the other points she was looking for
larisa86 [58]

Answer:

your not giving enough information

Explanation:

7 0
3 years ago
Lists two things that both increase the money supply?
DENIUS [597]

Answer:

Decrease is taxes

Increase in government spending

Explanation:

Government policies that increases the money supply in an economy is known as expansionary fiscal policy. They are:

1. Decrease is taxes - when government reduces the tax rate, the amount paid as taxes falls and as a result individuals, companies have higher disposable income whuch can be used for consumption or saving. This increases the money supply in the economy.

2. Increase in government spending - if the government increases it's spending on public goods for example, money supply would increase. If the government constructs a road, labour would be employed and paid wages. This payment increases the income of Labour and money supply increases.

Central bank policies that increases money supply are known as expansionary monetary policies. They include:

1. Open market purchase: The central bank purchase securities from the open market to increase money supply.

2. Reduction in reserve requirement ratio : if the reserve requirement ratio is reduced , commercial banks would have more money to give out as loans and this would increase money supply.

6 0
3 years ago
There are more than 20 stores on a street in Sao Paulo that specialize in selling the same quality and brand of wheat products.
Pani-rosa [81]

Answer:

Pure competition

Explanation:

Pure competition is a market structure characterized by many competitors selling similar products. Due to the high competition, market forces dertermine prices. Pure competition is also referred to as perfect competition. The other features of pure competition include.

  1. There many buyers and many sellers who have access to market information
  2. There are barriers no entry and exit in the market
  3. Firms sell homogeneous products
  4. Firms cannot influence the market price. Firms are price takers.
  5. The units of production such are homogeneous and are freely moving.
4 0
3 years ago
Other questions:
  • Neil, an entrepreneur and inventor, developed new software to help retail stores manage their
    12·1 answer
  • A customer has a total purchase of $84.75. She hands the person at the
    14·1 answer
  • International Paper's land management strategy included investments in hunting and game preserves which were not part of IP's bu
    15·1 answer
  • Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cum
    10·1 answer
  • The reason so many firms suffer aggressive, margin-eroding competition is because they've defined themselves according to operat
    10·1 answer
  • Which of the following is true of both paying with a check and paying with a debit card?
    14·1 answer
  • The flow chart shows the order in which steps should be executed, and the diamond-shaped boxes indicate ______________. Select o
    12·1 answer
  • Deregulation always leads to lower prices for the consumer.<br> True.<br> False.
    12·1 answer
  • The Equal Credit Opportunity Act prohibits which of the following? a. Basing the credit decision on unemployment. b. Basing the
    11·1 answer
  • The efficiency gains resulting from a just-in-time inventory management system will allow a firm to reduce its level of inventor
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!