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ANTONII [103]
3 years ago
5

First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest

compounded annually. If you made a deposit of $17,000 in each bank, how much more money would you earn from your Second City Bank account at the end of 9 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
kogti [31]3 years ago
6 0
Wowing I just got home from church I toeow go get home now I got home I
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Perdue's cogent reason why a target market should buy its chicken is "more tender golden chicken at a moderate premium price," a
andrew11 [14]

Perdue's cogent reason why a target market should buy its chicken is "more tender golden chicken at a moderate premium price," also known as its <u>"customer-focused value proposition".</u>


A customer value proposition is a guarantee of potential value that a business conveys to its clients and generally is the motivation behind why a client would connect with the business. It is brief articulation that features the pertinence of an item offering by clarifying how it takes care of an issue or enhances the client's circumstance, the particular incentive against the client's needs and the distinction to contenders.  

Customer Value Proposition is a confused standard however, it is the primary theory behind the presence and the survival of a business or an organization.


4 0
3 years ago
If csc θ = 2, Find sin θ
RoseWind [281]
If csc 0=2, then that makes 0 then equal 4.
5 0
4 years ago
Joe must pay liabilities of 1,000 due one year from now and another 2,000 due three years from now. There are two available inve
kari74 [83]

Answer:

1. 2,584

Explanation:

future payments: $1,000 in 1 year and $2,000 in 3 years

the present value of alternative I (one year bond):

$1,000 / 1.06 = $943.40

the present value of alternative II (first 2 years and then 1 year):

$2,000 / 1.065 = $1,877.93 ⇒ PV at year 2

PV at year 0 = $1,877.93 / 1.07² = $1,640.26

the total present value of both options = $943.40 + $1,640.26 = $2,583.66 ≈ $2,584

4 0
3 years ago
Concert Production is planning an appearance of the top band Iggy Wiggy. They plan to buy custom desgined T-shirts to sell at th
Citrus2011 [14]

Answer:

Iggy Wiggy T-shirts should order 6,829 units of T-shirt

Explanation:

Cost per T-shirt = $8.00

Selling Price per T-shirt = $25

Marginal Profit = 25 - 8 = $17

Marginal Loss when t-shirt is sold for $5 = $8 - $5 = $3

Mean = 6000 units

Standard deviation = 800 units

Using the News Vendor Model

Q = MP / MP + ML

Q = 17 / (17+3)

Q = 17 / 20

Q = 0.85

Using NORMINV in Ms excel

= NORMINV (probability, mean, standard deviation)

= NORMINV(0.85,6000,800)

= 6829.14 units

Thus, Iggy Wiggy T-shirts should order 6829 units of T-shirt.

3 0
3 years ago
Researching investments online can be valuable because
rodikova [14]

Answer:

Researching investments online can be valuable because: If the information is trustworthy it can provide a recent status of the investment. Also, online research tools provide the ability to find a great number of diverse investments

Explanation:

7 0
3 years ago
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