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love history [14]
3 years ago
6

Suppose that you invest $100 today in a risk-free investment and let the 6 percent annual interest rate compound. What will be t

he value of your investment 6 years from now?
Business
1 answer:
Kipish [7]3 years ago
3 0

Solution :

It is given that :

Amount of investment or the principle amount , P = $ 100

Time of investment , t = 6 years

Rate of interest compounded annually r = 6 %

Therefore the future amount of this investment in a 6 year time is given by,

$FV=P(1+\frac{r}{100})^t

$FV=100(1+\frac{6}{100})^6

$FV=100(1+0.06)^6

$FV= 100 (1.4185)$

$FV=141$

Therefore, after 6 years the investment of $ 100 will give an amount of $ 141.

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Complement is something added to enhance the original
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What are the uses of shares in raising capital for an entreprise
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8 0
2 years ago
If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, it
SCORPION-xisa [38]

If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, its real per capita output will have increased by about $167. This is further explained below.

<h3>What is real per capita output?</h3>

Generally, The real gross domestic product per capita is a figure that is calculated by dividing the entire economic output of a nation by the total population of that country after adjusting for inflation.

In conclusion, If the actual production of a DVC goes from $200 billion to $260 billion and at the same time its population goes from 100 million to 110 million, then the real output per capita will have climbed by around $167.

Read more about real per capita output

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3 0
1 year ago
"We chose this plan because it would benefit the majority of you, and harm the fewest" would be an example of using this perspec
Alborosie

Answer:

utilitarian perspective      

Explanation:

In simple words, utilitarian approach refers to a method for making decisions in case of ethical dilemmas. Under this approach, the decision making authority makes judgement by focusing on the greater good, that is, making judgement that benefits the most of the individuals and harm the least.

This theory states that every party's interest should be taken into consideration equally as every related individual to the judgement is capable of suffering . However this approach is used when it is not possible to benefit all the stakeholders equally.

6 0
3 years ago
*IF CORRECT ANSWER IS GIVEN I’LL AWARD BRAINLIEST!*
DaniilM [7]

The area in which Ronald would be working in the Orthopedic clinic for the specified job is:

  • (D) Chargemaster

<h3>Who is a Chargemaster?</h3>

This refers to the person whose job in a hospital is to provide billing information to patients, and is also in charge of claims and also general accounting principles.

With this in mind, we can see that the area which Ronald would be working in the Orthopedic clinic if he gets the job would be Chargemaster as he in charge of overall accounting and billing duties.

Read more about chargemaster here:
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4 0
2 years ago
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