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MrRissso [65]
3 years ago
12

Scott invested 3,000 at 12% interest rate. if the interest is compounded semiannually,

Business
1 answer:
babymother [125]3 years ago
8 0

Answer:

see below

Explanation:

Compounding increases the principal amount or the invested amount.  Scott invested $3000, which earns 12% compound interest every six months. After every six months, the interest earned will be added to the amount invested, meaning the investment will be more than $3000.

After the lapse of the 'second' six months, the interest earned with be added to the new invested amount. Therefore, at the end of the first year,  the $3000 invested will be compounded or increased twice.

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In March 2015, the Kansas City Chiefs signed Jeremy Maclin to a contract worth $55 million. Maclin’s salary including roster bon
Orlov [11]

Answer:

Explanation:

PV formula=C/(1+R)^n, C- cash flow(CF) for the period, R-interest rate, n-number of period

PV of CF received in 2015= 3400000/(1+0.11)^1=3063063.06

PV of CF received in 2016= 12400000/(1+0.11)^2=10064118.17

PV of CF received in 2017=12400000/(1+0.11)^3=9066773.13

PV of CF received in 2018=13400000/(1+0.11)^4=8826995.05

PV of CF received in 2019=13400000/(1+0.11)^5=7952247.8

Net worth=NPV=[3063063.06+10064118.17+9066773.13+8826995.05+7952247.8]=38973197.21

TOTAL PV=3,897,3197.21

5 0
4 years ago
During which step of the research process are you most likely to conduct interviews with witnesses?
soldier1979 [14.2K]

Answer:

A research process consisits of the following steps;

Step 1: Identify the Problem.

Step 2: Review the Literature.

Step 3: Clarify the Problem.

Step 4: Clearly Define Terms and Concepts.

Step 5: Define the Population.

Step 6: Develop the Instrumentation Plan.

Step 7: Collect Data.

Step 8: Analyze the Data.

According to the above steps, conducting interviews with witnesses would be step 7 : Collecting Data of the research process. Interviewing to gather information which can later be analyzed in order to reach to a comprehensive solution.

8 0
3 years ago
What happens to each of the three primary financial statements when you change
inessss [21]
B is the correct answer
8 0
3 years ago
Which career professionals would typically work in their own private office?
frosja888 [35]

Its actually <em><u>A) Office Managers and Human Resource workers</u></em>

6 0
3 years ago
Read 2 more answers
Assume that the price elasticity of demand for movie theatres is -.85 during the evening shows but for afternoon shows the price
geniusboy [140]

Answer:

The correct answer is option B.

Explanation:

A price elasticity of demand is always negative for normal goods. It indicates that the price increase causes demand to fall.

The price elasticity less than 1 means demand is less elastic or inelastic. In other words, a change in price will lead to a smaller change in demand.

Similarly, a price elasticity greater than 1 means demand is highly elastic. So a change in price will lead to a greater change in demand.

Since, afternoon shows have less elastic or inelastic demand, the theatre should charge higher price for them.

While, the evening shows are highly elastic so the theatre should charge lower price.

In this way theatre can maximize total revenue.

4 0
3 years ago
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