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
aleksklad [387]
2 years ago
8

FlybynightSavings is offering a savings account that pays 32% compounded continuously. How much interest would a deposit of $2,0

00 earn over 10 years
Business
1 answer:
zhenek [66]2 years ago
7 0

Answer: $47,065.06

Explanation:

When interest is compounded continuously, the formula is:

Future value = Principal * <em>e</em>^(rate * time period)

= 2,000 * <em>e⁰.³² ˣ ¹⁰</em>

= $49,065.06

Amount of interest earned:

= $49,065.06 - 2,000

= $47,065.06

You might be interested in
g . Suppose that, as a result of a decrease in the market supply of labor, the wage rate has risen 10%. After adjusting its empl
Julli [10]

Answer:

the firm's demand for labour is elastic. the total wage bill decreased even though wage rates have increased. this indicates that the firm's demand for labour is sensitive to wages. As a result of the rise in wages, the demand for labour by the firm fell more than the rise in price. This indicates that demand is elastic

Explanation:

5 0
2 years ago
Marietta works in a production department alongside six other workers who do the same type of work. Each works independently but
marissa [1.9K]
Marietta is a part of A WORK GROUP. 
The correct option is B.
A work group is made up of members, who can represent one unit or department and these members work independently but at the end of the day they pool their outputs together. The characteristic feature of work groups include the following: individual accountability, focus is on individual goals, production of individual work product, defined individual roles, tasks and responsibilities, etc.
4 0
3 years ago
Which of the following insurance types will cover the possessions inside your home?
OleMash [197]
I wanna think prob  full coverage home owners insurance 
4 0
3 years ago
If a society wants to get the most out of the available resources, money should be spent on pollution control​ (A)​ until pollut
Ksju [112]

Answer: Option C  

           

Explanation: The maximum amount of money that a consumer is willing to pay for having an additional unit of a good or service is called the marginal benefit. Whereas, marginal cost refers to the increase in total cost when one more unit of output is produced.

In the given case, we want to use the available resources at their best, therefore, the money on pollution control should be spent only until the benefit of spending one more dollar is greater than the cost of doing so.

Hence, the correct option is C.

5 0
3 years ago
A seller (or provider) of goods or services to a business organization, usually a manufacturer or wholesaler, is known as a:
Hatshy [7]
He is known as a VENDOR. A vendor is a part of the supply chain, he makes goods and services available to companies and consumers. Companies typically provide a vendor with purchase order which clearly states the products that the company wants to buy, the number of units needed, the price, the delivery date and other specifics.
5 0
3 years ago
Other questions:
  • The controller compares the bank deposit to the journal entry for cash receipts to ensure that the bank deposit matches the acco
    6·1 answer
  • Why might individuals want to participate in the financial market?
    7·2 answers
  • Rachel's Recordings reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000
    15·1 answer
  • The earnings of workers _____. a. depend on the marginal benefit they receive from an activity b. do not depend on their general
    9·1 answer
  • brian earned $14,000 last spring giving swimming lessons. He invested part of the money at 5% simple interest &amp; the rest at
    9·1 answer
  • On November 1, 2021, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, wi
    13·1 answer
  • A task has an optimistic completion time of 4 days, a most likely time of 10 days, and a pessimistic time of 13 days. The expect
    9·1 answer
  • Use the following information to answer this question.
    10·1 answer
  • g Coronado Industries sold some of its plant assets during 2021. The original cost of the plant assets was $902000 and the accum
    6·1 answer
  • Compared to the perfectly competitive firm, the monopolist faces a demand curve that is ___________________ elastic because ther
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!