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AveGali [126]
3 years ago
8

When both Ben and Arthur turned 65, they decided to compare their investment accounts. Who do you think had more? Ben, with his

total of $16,000 invested over eight years, or Arthur, who invested $78,000 over 39 years? Believe it or not, Ben came out ahead... $700,000 ahead! Arthur had a total of $1,532,166 while Ben had a total of $2,288,996. How did he do it? Starting early is the key. He put in less money but started eight years earlier. That’s compound interest for you! It turns $16,000 into almost $2.3 million! Since Ben invested earlier, the interest kicked in sooner. So How much did each boy make on their investment (write in words, not numbers)? Which strategy is best? Why? (10 points) PLEASE HELP ASAP!!

Business
1 answer:
disa [49]3 years ago
8 0
No explain’ 3’wj need why can you are
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e-Shop, Inc. has net sales on account of​ $1,500,000. The average net accounts receivable are​ $610,000. Calculate the​ days' sa
mina [271]

Answer:

The​ days' sales in receivables are B.148.37 days

Explanation:

The​ days' sales in receivables is calculated by using following formula:

The number of days' sales in receivables = 365/Accounts receivable turnover

In there:

Accounts receivable turnover = Net Credit Sales /Average Accounts Receivable

E-Shop, Inc. has net sales on account of​ $1,500,000 and average net accounts receivable of​ $610,000.

Accounts receivable turnover = $1,500,000/$610,000 = 2.46 times

The number of days' sales in receivables = 365/2.46 = 148.37 days

4 0
3 years ago
Stock A's stock has a beta of 1.30, and its required return is 12.00%. Stock B's beta is 0.80. If the risk-free rate is 4.75%, w
kvv77 [185]

Answer:

c. 9.21%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For stock A

12% = 4.75% + 1.30 × market risk premium

12% - 4.75% = 1.30 × market risk premium

7.25% =  1.30 × market risk premium

So, the market risk premium = 5.58%

For Stock B, required rate of return would be

= 4.75% + 0.80 × 5.58%

= 4.75% + 4.464%

= 9.214%

6 0
4 years ago
has taken out a loan for $9,800. The bank offered him a simple interest rate of 6% over a three-year period. If Ron pays the loa
kakasveta [241]

Answer:

The total amount that would be paid to bank is $11,564.

Explanation:

I = PRT/100

I is the simple interest on the loan

P is the amount of loan taken = $9,800

R is the simple interest rate = 6%

T is the duration for the loan to be paid with interest = 3 years

I = 9,800×6×3/100 = $1,764

Total amount to be paid = P + I = $9,800 + $1,764 = $11,564

7 0
3 years ago
Organizations can become "bad barrels" because ​ a. they do not allow employees to pursue their own individual values. b. the pr
KatRina [158]

Answer: The pressure to succeed creates opportunities that reward unethical decisions.

Explanation: "bad barrels" has attempted to identify characteristics of organisations that make them particularly vulnerable to tolerating or even encouraging destructive behavior. Organizations can become "bad barrels" because the pressure to succeed creates opportunities that reward unethical decisions. Bad barrels explains misbehaviour in the workplace.

5 0
4 years ago
All else being equal, does elastic or inelastic demand curve result in higher social surplus? How does elasticity of supply affe
disa [49]

Answer:

An elastic demand curve will result in higher social surplus. Social surplus equals consumer surplus plus supplier surplus, or simply total surplus. The highest possible social surplus is reached at the equilibrium point.

If a product's demand is completely inelastic, the supplier can increase the price at will, reducing consumer surplus to minimum levels. If a product's demand is completely elastic, then consumer surplus increases while supplier surplus is directly related to shifts in the demand. Higher demand increases supplier surplus.

7 0
4 years ago
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