Answer:
(A) $5,131.5
(B) $12,729.5
Explanation:
The interest earned on the value of interest earned before is the compounded interest. Compounding is the reinvestment of the amount earned before and take return over it too.
As per given data
Invested amount = $5,000
Interest rate = 3.9%
Interest is compounded monthly
Monthly rate = 3.9% / 12 = 0.325%
Formula for the accumulated amount of investment
A = P ( 1 + r )^n
Accumulated Money when $5,000 is
(A) Invested for 8 months
A = $5,000 ( 1 + 0.325% ) ^8
A = $5,131.5
(b) Invested for 24 years or 288 months (24 x 12)
A = $5,000 ( 1 + 0.325% ) ^288
A = $12,729.5
Answer:
Explanation:one good example is an electrical wire,an electrical wire is usually coated with insulator to prevent the current from affecting the present environment.. Why the mechanical function is to transport electricity..so an electrical wire transport electricity and still it users from hazards
Answer:
An information is missing on this question but I found the complete details as shown below;
"A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of
<em>10816</em> (round to the nearest dollar) at the end of each year. (The present value of an annuity of six
annual payments, discounted at 8% equals 4.6229.) "
Explanation:
An annuity payment is made in equal amounts for a specified period of time in this case 6 years.
Since the equal payments are made annually and you are given the Present value of the annuity as $50,000 & discount factor of 4.6229, divide the PV by the discount factor. The value of equal payments should be equivalent to the $<em>10816 ;</em>
<em>=50,000 / </em>4.6229
= 10815.7217
Next, round the answer to the nearest dollar;
When rounded to the nearest whole number it becomes $10,816.
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Answer:
DiscountHaven Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and sales, logistics, administrative, and other such related costs get divided between a large number of product units stocked in its stores. This makes it difficult for smaller retail stores and supermarkets to compete against DiscountHaven's low prices. Thus, DiscountHaven has a competitive advantage due to its economies of scale.
Explanation:
Economies of scale are the economic benefits that are realized by operating on a larger scale. In general, the average cost per unit of output decreases with an increasing scale because fixed costs are spread over more units of output. Operational efficiency is often greater with increasing scale, which in turn leads to lower variable costs. When the average costs increase with an increasing scale, this is called the disadvantage of scale.
When an industry is characterized by economies of scale, it can lead to a monopoly or oligopoly. Only large companies can then produce economically so that the barriers to entry for new market players are high.
Answer:
Uh, demand is wanting a thing and quantity demand is wanting more of that thing?
Explanation:
