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NNADVOKAT [17]
3 years ago
8

compass Bank is offering an APR of 0.8 %compounded daily on its savings accounts. if you deposit $2,500 today, how much will you

have in the account 15 years​
Business
1 answer:
Alenkasestr [34]3 years ago
7 0

Answer:

Explanatio$312,752

Explanation:

Weekly interest rate = [(0.06/365 + 1)^7] -1 * 100

Weekly interest rate = 1.0011525255 - 1 * 100

Weekly interest rate = 0.0011525255 * 100

Weekly interest rate = 0.1152%

No. of periods =52 weeks * 25 years = 1300

N = 1300; I/Y = 0.1152; PV = -2500; PMT = -100

Amount accumulated at the end = FV(1300, 0.1152, -2500, -100)

Amount accumulated at the end =  $312,752 approximately

n:

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A market system tends to restrict business risk to owners and investors. This results in which of the following benefits?
In-s [12.5K]

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Explanation: When the market system tries to put restriction on the business risk to owner and other investors , the firms have to give more payment to attract them to market business.

The chances of risk have have to be shared by both the parties so the owners or investors are going to indulge in the business when they gain some benefit e.g.-more payment.

Other options are incorrect because entrepreneurship will not be encouraged through this process. Incomes will not be distributed equally and neither the prudent risk management will be aimed.Thus, the correct option is option(d).

7 0
3 years ago
True or false: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with highest pro
AveGali [126]
TRUE

If the society wishes to reduce overall pollution by certain amount, it is efficient to have firms with highest profit bearing the largest burden of reducing pollution and firms with lowest profit bearing the least burden. This is because it will not lead to overall burden on the small firms. If large firms and small firms were to reduce the pollution burden on same rate then it will be very costly for the smaller firms to bear that and it will be a burden of cost on smaller firms.
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3 years ago
10. The overall levels of income, employment, and prices are determined by the spending and production decisions
Bogdan [553]

Answer:

A. Households

B. Businesses

C. Government

Explanation:

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7 0
2 years ago
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Consider the markets for head sets, smart phones, cellular telephone service, and cell phone applications. Assume the market for
Alex73 [517]

Answer:

a) Head sets - perfect competition

b) Smart phones - monopolistic competition

c) Cellular telephone service - oligopoly

d) Cell phone applications - monopolistic competition

Explanation:

The following definitions explain the categorisation of competition:

- Perfect competition is when many firms sell similar products, no firm or buyer has control of market price. The barriers to entry are low. This is characterised by headsets

- The market for smart phones is monopolistic competition because advertisement is used to create product differentiation with the aim of gaining better market control

- Oligopoly is characterised by few firms controlling the market and keeping each other from dominating the market. This is they type of competition for cellular telephone service.

- Monopolistic competition is one where many firms produce dirlfferentiated products that are not substitutes. This is shown in market for cell phone applications

6 0
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Answer: contingency plans

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A contingency plan is a plan that's designed in order to take into consideration ever possible event or circumstance that may occur in the future.

The aim of a contingency plan is to help an organization hat back to its feet as soon as possible when an unforeseen event o circumstance happens.

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