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
Dmitrij [34]
3 years ago
7

Consider the future value of $1 in 10 periods when the interest rate is 5%. When the interest rate doubles to 10%, the future va

lue: Increases but by less than double Exactly doubles Increases by more than double Cannot be determined a
Business
1 answer:
AlladinOne [14]3 years ago
4 0

Answer: Increases but by less than double

Explanation:

The formula for future value will be calculated as:

FV = PV (1 + r )^n

When interest rate = 5%, then the future value will be:

= 1 × (1 + 5%)^10

= 1 × (1 + 0.05)^10

= 1 × (1.05)^10

= 1.63

When Interest rate is 10%, then the future value will be:

= 1 × (1 + 10%)^10

= 1 × (1 + 0.10)^10

= 1 × (1.10)^10

= 2.59

Therefore, the answer is "Increases but by less than double"

You might be interested in
When a partner leaves the company, the partnership is dissolved and a new partnership may be formed with the remaining partners.
Kazeer [188]

Answer: TRUE

Explanation: In case of partnership, the owner and business are not considered to be separate legal entity. Thus, if a partner leaves the company whether willingly or unwillingly as in case of death, the existing agreement dissolves.

In such a case, the remaining partners calculate if there is any obligation on the entity to pay to the old partner or some share that the old partner is liable to pay to the firm.

After such considerations a new partnership agreement is formed by the remaining partners.

7 0
3 years ago
Read 2 more answers
The production department is proposing the purchase of an automatic insertion machine. It has identified 3 machines and has aske
cricket20 [7]

Answer: the correct answer is a. Machine B

Explanation:

Machine A average rate return

40000 out of 300000. It means that 300000 is 100% and $ 40000 is X. We apply a simple three rule:

40000       X                     X= 4000000/300000

300000     100%               X= 13.33%

Machine B average rate return

50000 out of 250000. It means that 250000 is 100% and $ 50000 is X. We apply a simple three rule:

50000       X                     X= 5000000/250000

250000     100%               X= 20%

Machine C average rate return

$75,000 out of $500,000. It means that $500,000 is 1005 and $75,000 is X. We apply a simple three rule

$75,000     X                       X=7500000/500000

$500,000  100%                 X= 15%

The highest average is the one onf Machine B

4 0
4 years ago
Do you agree that working a job that you love is better for your overall health? Explain in 3 complete sentences?
Morgarella [4.7K]
Yes, working a job that you love keeps you motivated. It will not be as stressful if you love what you are doing. You will not have to force yourself to stay concentrated, and this will keep you looking and feeling healthy.
7 0
3 years ago
1. Explain who the Lemon Law protects.
PilotLPTM [1.2K]
It's to insure that manufacturers honor their warranties and to reduce the chance that a consumer will be misled about the nature of the purchase.
8 0
4 years ago
You and other college students are deciding whether to major in music or engineering. You learn that there is a shortage of engi
zloy xaker [14]

The correct answer would be option D, Markets tend to move towards equilibrium as individuals respond to incentives.

As a result, you and many other college students decide to major in engineering. This illustrates the principle of Equilibrium as individuals respond to incentives.

Explanation:

When supply and demand in an economy balances in the market keeping all other factors constant, then this situation is called as Market Equilibrium. With the change in these factors of the economy, the market equilibrium also changes, and there might be no equilibrium depending upon them at some point of time.

So when students see that there is a demand of engineering in the economy and music graduates are having difficulty in getting jobs due to more supply of music graduates, students move towards the engineering field in order to achieve the market equilibrium as they want to get jobs as an incentive.

Learn more about Market Equilibrium at:

brainly.com/question/91783

#LearnWithBrainly

3 0
4 years ago
Other questions:
  • At a roundabout, you must yield to traffic____?
    5·2 answers
  • Corporations have more ways to raise to pay for productive resources than small firms or not-for-profit organizations.
    6·2 answers
  • Driver Products recently paid its annual dividend of $2, and reported an ROE of 15%. The firm pays out 50% of its earnings as di
    9·1 answer
  • cenario: TeleToys Inc. TeleToys Inc., a U.S.-based company, recently opened eighteen new toy stores in Brazil, acquired a women'
    12·1 answer
  • Norldenp Open is a tennis championship that is conducted every. By the end of spring, various companies that sponsor the champio
    11·1 answer
  • Assume that you are 30 years old today, and that you are planning on retirement at age 65. You expect your salary to be $42,000
    8·1 answer
  • The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017.
    10·1 answer
  • When a consumer makes a purchase of a particular product...
    12·1 answer
  • why is mutual fund investing a good idea for retirement, but not for your emergency fund or short-term savings?
    5·1 answer
  • When Subway uses selective stores around the country to introduce a new food item, the food item
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!