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
lions [1.4K]
2 years ago
9

An investment earns 10% the first year, 15% the second year and loses 12% the third year. Your total compound return over the th

ree years was
Business
1 answer:
Advocard [28]2 years ago
7 0

Answer: 11.32%

Explanation:

Given the above variables, the total compound return can be calculated by;

= (1 + r)(1 + r₂)(1 + r₃)...(1 + rn) - 1

= (1 + 10%)( 1 + 15%) (1 - 12%) - 1

= 11.32%

You might be interested in
A bank currently has $50 million in deposits, $6 million in cash in the vault, $4 million on deposit with Fed, and $5 million in
yuradex [85]

Answer:

A) $800,000

Explanation:

Since the current reserve ratio is 20%, and the bank has no excess reserves, then the maximum it can lend if it receives $1 is $800,000.

The bank has currently $50 million in deposits and $10 million in reserves ($6 million in cash and $4 million in the Fed), so its reserves are exactly 20% of its total deposits. So if any new deposits are received, the bank will have to keep as reserves 20% of it (= $1,000,000 x 20% = $200,000).

This type of banking system is called the fractional banking system because banks are only required to keep a fraction of the money they receive as deposits and they can lend the rest to other clients.

8 0
2 years ago
What is a caterer what is his job
Oksi-84 [34.3K]
A caterer is someone who arranges the delivery, preparation and presentation of food for clients. If you've ever attended a bridal shower, fund raiser, rehearsal dinner, wedding reception or a bar mitzvah that had beautifully prepared and presented food, chances are that event was catered.
6 0
3 years ago
Advertising, fashion trends, and new product introductions serve to
dmitriy555 [2]
The correct answer is letter c. create consumer demand. Advertising, fashion trends, and new product introductions serve to create consumer demand. 

Disequilibrium occurs when the quantity supplied and the quantity demanded are not the same in a market. The statement presented is True.

8 0
3 years ago
Which of the following statements are TRUE about credit scores?
Fittoniya [83]
The statement that are true about credit scores are; credit scores reflect how likely individuals are to repay their debts. The credit bureau does not hide how it calculates peoples credit. The correct answer is A. 
7 0
2 years ago
Read 2 more answers
Need help with this problem asap!!
dybincka [34]
You can go to history.com


6 0
2 years ago
Other questions:
  • Ethical dilemma situation:
    8·1 answer
  • On August 15, you purchased 110 shares of stock in the Cara Cotton Company at $26 a share and a year later you sold it for $22 a
    7·1 answer
  • An inventor in Burginville developed a fantastic new dictation machine that perfectly records speech and turns it into a typed d
    5·2 answers
  • Capstone Corp. reported $150,000 of comprehensive income for 2014. It also reported the following:
    15·1 answer
  • Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 20
    12·1 answer
  • Biometrics (retinal scans, fingerprints, and the like) are mainly used for ____ by large security-minded entities such as bankin
    12·1 answer
  • Which correlation coefficient would you use to look at the correlation between gender and time spent on the phone talking to you
    7·2 answers
  • Metz Industries stock is twice as risky as the market on average. Given an expected return on the market of A. ​7.35% B. ​16.50%
    9·1 answer
  • 2. Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve fo
    7·1 answer
  • What would economic conditions potentially be like in the u.s if the federal reserve did not regulate monetary policy, monitor b
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!