Answer:
It will take 10 years to have $20,000 on investment of $10,000.
Explanation:
Annual Rate of return = r = 7%
Compounded Value / Future Value = FV = $20,000
Investment Value / Present Value = PV = $10,000
Use Future value formula to solve this question:
Future Value = Present Value x ( 1 + Number of Year )^Number of year
FV = PV x 
$20,000 = $10,000 x 
=
$2 = 
Log 2 = n log 1.07
0.30 = n x 0.03
n = 
n = 10.00
n = 10 year (rounded off to nearest year )
It will take 10 years to have $20,000 on investment of $10,000.
Answer:
Quarterly deposit= $3,182.78
Explanation:
Giving the following information:
A sinking fund earns 7% compounded quarterly and produces $50,000 at the end of 3.5 years.
We need to find the quarterly deposit made at the end of each period.
<u>First, we need to calculate the quarterly interest rate:</u>
Interest rate= 0.07/4= 0.0175
To calculate the deposit, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
n= 3.5*4= 14
FV= 50,000
i= 0.0175
A= (50,000*0.0175)/ [(1.0175^14)-1]= $3,182.78
Answer:
A subcontractor is a company or person who is hired by a general contractor (or prime contractor, or main contractor) to perform a specific task as part of the overall project and is normally paid for services provided to the project by the originating general contractor.
Hope it helps!!! Please give brainliest!!!
Answer:
decrease, upward
Explanation:
When Italian interest rates increase, their demand in Italy would increase, hence a downward pressure on the supply of the same would be required. as the demand of the currency in italy increases, its value also increases. hence there is an upward pressure on the value of the pound against the u.s. dollar.
Answer: (B) Polycentric
Explanation:
A polycentric manager is refers to the approach or the method in the global marketing that basically helps the organization for spread about their products and the services among the different countries.
The main objective of the polycentric approach that it helps in managing the different types of operations and services in the business.
According to the given question, maria is the vice president in an organization for the international sales process and she handle all the practices held in their office. Therefore, Maria is refers as a polycentric manger.
