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
likoan [24]
3 years ago
13

Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each

year, she will deposit $710 in her local bank, which pays her 4% annual interest. Luana decides that she will continue to do this for the next five years. Luana savings are an example of an annuity. How much will she save by the end of five years?O $3,160.79 O $3,845.59 O $3,999.41O $3,268.75
Business
1 answer:
Ray Of Light [21]3 years ago
4 0

Answer:

Explanation:

Ordinary Annuity = Investment * PVAF(Interest, number of years)

Ordinary Annuity = $710 * PVAF(4%,5 years)

=$710 * 4.4518

=$3160.79

You might be interested in
Your company’s human resource manager is away from the office serving in the National Guard, and you have four open positions to
Papessa [141]

Answer: An assessment center

Explanation:

The tests that should be chosen to determine how applicants handle complex situations that mimic events they would encounter on the job is the assessment center.

An assessment centre is used by different organizations so as to know how suitable candidates are for a particular position in the company.

The candidates perform different exercises, group work, interviews, presentation etc in order to make the employers know if they fit the role.

7 0
3 years ago
A rational economic decision: a) may or may not result in the largest economic payoff. b) is concerned with efficiency but not w
zlopas [31]

Answer:

The correct option is B

Explanation:

Rational economic decision is the process where the costs as well as the benefits of the various options are being compared in order to determine or evaluate the which option is rational. Rational decisions have total benefit greater than or equal to their cost. So, the rational economic decision concerned with the efficiency not with the fairness or equity.

7 0
3 years ago
Crossroad Corporation is trying to decide whether to invest to automate a production line. If the project is accepted, labor cos
barxatty [35]

Answer:

kaby lame

Explanation:

Now don't get us wrong – not all of these answers raise this excellent question

8 0
3 years ago
Hi i"m new i'm Niyah know as Ken'Niyah
STatiana [176]
Hello im Liam.......
3 0
3 years ago
The town of Fairness has a law that says that wages should be high enough to ensure that all people can afford to buy enough foo
Angelina_Jolie [31]

Answer:

Price ceiling

Explanation:

The price ceiling means the maximum price that is charged by the supplier to the consumer. If is not affected so it is above equilibrium price and in case when it is below than the demand is greater than the supply.

So in the given question, it is mentioned that the prices of food are set low that are sufficient to meet the requirement represent the price ceiling example

8 0
2 years ago
Other questions:
  • Danielle has $127.02 in her account before making any transactions. Over the course of a week, Danielle makes the following tran
    5·2 answers
  • Which type of triangle is best for construction?
    9·1 answer
  • Betty's job entails detecting problems such as embezzlement, waste, mismanagement, and employee theft at her organization. in th
    10·1 answer
  • A company sells children’s sleds for $70 each. The firm has variable costs per unit of $35 and total fixed costs of $120,000. Wh
    14·1 answer
  • The standard rate of pay is $12 per direct labor hour. if the actual direct labor payroll was $47,040 for 4,000 direct labor hou
    6·2 answers
  • In the United States, which assessment system measures Inflation?
    12·1 answer
  • You are given the following facts about a solely owned S corporation. What is the shareholder's ending stock basis?
    8·1 answer
  • A large commercial horse farm provides jobs for over 100 employees, who care for over 300 horses of various breeds. the operatio
    13·1 answer
  • A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that fa
    13·1 answer
  • In fiscal 2016, Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The 2016 in
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!