Answer:
The investment of $1000 that yields 12% interest per year would become $2000 in 6 years' time as shown by the calculation below
Explanation:
In determining the how long it would take for the investment to become $2000, the future value formula stated below is used.
FV=PV*(1+r)^N
FV is the $2000
PV, present value is $1000
r is the rate of return at 12%
2000=1000*(1+0.12)^N
2000/1000=1.12^N
2=1.12^N
by taking log of both sides the equation becomes
ln 2=N ln 1.12
N= ln 2/ln 1.12
N=6.116255374
approximately N is 6 years
Answer:
Pepsi
Explanation:
Dr.Pepper has like a little taste just Abt it to it tbh
Answer:
Food is more profitable
Explanation:
The formula for calculating the gross margin ratio is as below.
Gross margin ratio= gross profit/ net sales.
Therefore, gross profit= net sales x gross profit ratio
in this case:
The gross profit ratio is 67%
gross profits from food sales
=1200 x (67/100)
=$804
Gross profit from beverages
=$800 x ( 67 /100)
=$536
Gross profit from food sales is higher than that of beverages
Food is more profitable
The main foundation or resource of economic activities in developing countries is production. A further relation is provided below.
- A community seems to be nearly dependent on its capacity to increase its workforce production. The capabilities of production, as well as consumption, are utilized for the evaluation of inflation expectations.
- Productivity improvements lead to increased economic growth, so the amount of products, as well as services generated by something like a comparable workforce, is greater.
Learn more about economic growth here:
brainly.com/question/11679822
Answer:C.TINSTAAFL Rating
Explanation:
