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
Sliva [168]
3 years ago
11

ou plan to deposit $5,900 at the end of each of the next 20 years into an account paying 10.8 percent interest. a. How much will

you have in your account if you make deposits for 20 years
Business
1 answer:
Furkat [3]3 years ago
6 0

Answer:

$326,622.73

Explanation:

Calculation to determine How much will you have in your account if you make deposits for 20 years

Using this formula

Future value = Annuity × {( 1 + interest rate) ^ time period - 1} ÷ interest rate

Future value = $5,900 × {( 1 + 0.097 ^ 20 years - 1} ÷ 0.097

Future value= $5,900 × 55.3597842916

Future value= $326,622.73

Therefore the amount you will have in your account if you make deposits for 20 years is $326,622.73

You might be interested in
For which pairs of goods is the cross-price elasticity most likely to be positive? a. peanut butter and jelly b. bicycle frames
Levart [38]

Answer: d. Pen and pencils.

Explanation:

Cross-price elasticity measures the degree of responsiveness of the demand for a certain good towards the change in the price of a related good. Percentage is used to measure cross-price elasticity.

In case of two goods like pens and pencils, cross price elasticity is positive. That is, if the price of a pen increases, it will lead to an increase in the demand for pencils. The propertional change in price of pens give a positive relative change in the demand for pencils.

3 0
3 years ago
Read 2 more answers
The White Corporation has a capital structure of 60 percent common equity, 10 percent preferred stock, and 30 percent debt. This
Elan Coil [88]

Answer:

with only one chain and one pendant per necklace.write an expression that shows how much it will cost ronnie to

4 0
3 years ago
How are a startup's financing requirements estimated
Flauer [41]

Answer:

How are Startups Financing Requirements Estimated?

1. Make Use of a Startup Work Sheet to be Able to Plan the Initial Financing.

2.  Focus on the Expenses versus Assets. Another way for startups to estimate their financing requirements is by means of focusing on the expenses versus assets.

3. Similar Articles.

4. Cash Balance Prior to the Starting Date.

Explanation:

8 0
3 years ago
"Although Alibaba is competing in the Internet services industry, it has improved its performance by focusing on innovation and
meriva

Answer:

the resource-based model.

Explanation:

Resource-based theory can be understood as one that guarantees a strategic and competitive advantage to an organization through its resources that cannot be imitated and replaced. In the case of Alibaba, its valuable resources that guarantee long-term competitive advantages for the company are the company's ability to offer a wide range of products with significant discounts in relation to competitors, facilities for shipping goods worldwide, etc.

8 0
2 years ago
Write merits of one dimensional diagrams ?​
Usimov [2.4K]

Answer:

(i) They are readily understood even by those unaccustomed to reading charts or those who are not chart-minded.

(ii) They posses the outstanding advantage that they are the simplest and the easiest to make.

(iii) When a large number of items are to be compared they are the only form that can be used effectively.

7 0
2 years ago
Read 2 more answers
Other questions:
  • A merger between u.s. steel and general motors would be an example of a
    7·1 answer
  • I'LL GIVE YOU BRAINLIST!!!!!
    5·1 answer
  • Feldspar, Inc. started the year with 200 units in the Finished Goods Inventory account. It produced 600 units during the year an
    5·1 answer
  • National Drilling Company ships its only pump to American Hydraulics Corporation, the manufacturer, for repair. National pays Ov
    6·1 answer
  • Creative Networks is a major participant in the advertising and promotion process. It attracts various companies to buy space an
    8·1 answer
  • On arriving at the elegant Chez Moulin for a catered dinner, the guests discover that a large plate, called a _______, will rema
    5·1 answer
  • German brothels recently began offering a monthly subscription service for multiple purchasers. If you thought that the brothels
    10·1 answer
  • (b) Note that Schlicksup, before working at Caterpillar, was an accountant at Arthur Andersen (the auditing firm that was crimin
    11·1 answer
  • Please subscribe to my mom channel<br><br>I need 300 subscribe <br><br>https://youtu.be/Ia_ypqRUrm4​
    6·2 answers
  • Tax preparation software can help prepare and file your
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!