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3 years ago

You have $5,000 invested in a bank that pays 3.8% annually. How long will it take for your funds to triple?

Business

1 answer:

TiliK225 [7]3 years ago

3 0

Using compound interest
5000 x 1.035^32 gives me 15033 which is triple the original value, therefore it’s 32 years

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Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's ______.

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Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's internal resources and external environment.

<h3>Who are Strategic leaders?</h3>

The center of attention for organizational learning is on strategic leaders. They encourage an environment of inquiry and look for lessons in both successful and bad results.

Organizational structure, resource allocation, and strategic vision are all functions of strategic leaders. Strategic leaders deal with extremely complex challenges in an uncertain environment while also being influenced by external events and organizations.

Process simplification, increased strategic productivity, and innovation are all benefits of strategic leadership. Employees may be independent, productive, and push for new ideas under this leadership. Programs for incentives and rewards are essential for strategic leaders. They support staff members in achieving their strategic objectives.

To know more about strategic leaders refer to:brainly.com/question/15171930

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2 years ago

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4 years ago

Listed below are types of errors or fraud that might occur in financial statements. Although a number of audit procedures might

pav-90 [236]

Not sure on this one

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3 years ago

Based on what you have learned in the lesson and the assignment, write two or three sentences describing how short-term and long

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Short-term investment options include savings and checking accounts. They usually have low risk, but they also provide lower returns. They are more liquid investments, meaning that they can be sold or changed easily. Long-term investments can provide higher returns; however, they are often more risky, and they can have lower liquidity.

When you are likely to need cash soon, a short-term investment would be wise. When you have the time and resources to try for a higher return, a long-term investment would be a good choice.

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3 years ago

Read 2 more answers

Effects of fixed and variable cost behavior on the risk and rewards of business opportunities LO 11-2

Kipish [7]

Answer and Explanation:

The Preparation of income statement of each point is shown below:-

A. Kenton and Denton Universities

Income Statement

Particulars Kenton Denton

Revenue (20 × $450) $9,000 $9,000

Less: Instruction fees

Per course fees $5,000

Per student fee (20 × $250) $5,000

Net income $4,000 $4,000

B. Kenton Universities

Income Statement

Particulars Kenton

Revenue (40 × $240) $9,600

Less: Instruction fees

Per course fees $5,000

Net income $4,600

C. Denton Universities

Income Statement

Particulars Denton

Revenue (40 × $240) $9,600

Less: Instruction fees

Per student fee (40 × $250) $10,000

Net income -$400

D. Kenton and Denton Universities

Income Statement

Particulars Kenton Denton

Revenue (10 × $450) $4,500 $4,500

Less: Instruction fees

Per course fees $5,000

Per student fee (10 × $250) $2,500

Net income -$500 $2,000

We simply deduct all the expenses from the revenue to arrive at net income and a net loss

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3 years ago