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mr_godi [17]
2 years ago
13

Tyron is saving up money for a down payment on a motorcycle. He currently has $2979, but knows he can get a loan at a lower inte

rest rate if he can put down $3830. If he invests the $2979 in an account that earns 3.8% annually, compounded continuously, how long will it take Tyrion to accumulate the $3830
Business
1 answer:
kobusy [5.1K]2 years ago
3 0

Answer:

6.6 Years

Explanation:

Number of years = \frac{In(\frac{FV}{PV}) }{r}

FV = future value

PV = present value

r = interest rate

\frac{In(\frac{3830}{2979}) }{0.038} = 6.6 years

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A key limitation of balance sheets in financial analysis is that: A) liquidity and solvency ratios require information from othe
tatyana61 [14]

Answer: Option (B) is correct.

Explanation:

The three limitations to balance sheets are as follow:  

1.) Assets are being noted or stored at a historical cost,  

2.) There is a thorough use of the estimates,

3.) There's also omission of several precious non-monetary assets.  

Therefore from the given options, we can state that the key limitation of using a balance sheets under the constraints of financial analysis is that different items in a balance sheet are or may be evaluated differently.

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3 years ago
3 investment theories
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3 0
3 years ago
Read 2 more answers
A portfolio is entirely invested into BBB stock, which is expected to return 16.4 percent, and ZI bonds, which are expected to r
Mashutka [201]

Answer:

the expected return on the portfolio is 12.34%

Explanation:

The computation of the expected return on the portfolio is shown below:

Expected Return is

= Investment in BBB ×  Return+ Investment in ZI × Return  

= 16.4 × 48% + 8.6 ×52%      

= 7.87% + 4.47%    

= 12.34%

hence, the expected return on the portfolio is 12.34%

7 0
2 years ago
A concrete block making company is developing an aggregate capacity plan from the following sales forecast for its 6” and 8” con
prohojiy [21]
We need to see that table pls send a picture to it also if u may pls mark me braliest
7 0
3 years ago
The population p, in millions, of a certain country can be calculated by p=0.83t54, where t is the time in years, and t = 0 repr
dalvyx [7]
P(t) = (0.83)t^(5/4) 
<span>2096 - 2015 = 81 </span>
<span>81 ^ (5/4) = 243 </span>
<span>243 × 0.83 = 201.69 </span>

<span>Population in 2096 expected to be 202 million.</span>
3 0
2 years ago
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