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professor190 [17]
2 years ago
11

What if Jennifer were to invest $2.750 today, compounded semiannually, with an annual interest rate of 5.25%. What amount of int

erest will Jennifer earn in one year? a. $2,896.27 b. $84.27 c. $525.27 d. $146.27
Business
1 answer:
KIM [24]2 years ago
7 0

Answer:

d. $146.27

Explanation:

For computing the interest earned, first we have to calculate the future value which is shown below:

Future value = Present value × (1 + rate)^number of years

where,

Present value = $2,750

Rate = 5.25% ÷ 2 = 2.625%

Number of years = 1 year × 2 = 2 years

So, the future value

= $2,750 × (1 + 2.625%)^2

= $2,750 × 1.0531890625

= $2,896.27

Now the interest earned would be

= $2,896.27 - $2,750

= $146.27

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a a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping dem
Leya [2.2K]

It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

<h3>What is competitive market?</h3>

A perfect competitive market has a straight line graph on the demand of goods and services this means that the goods are sold at the market price. Monopoly market price are not regulated hence the curve is not straight.

Therefore, It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

Learn more on competitive market below

brainly.com/question/25717627

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5 0
2 years ago
Heart &amp; Home Properties is developing a subdivision that includes 600 home lots. The 450 lots in the Canyon section are belo
Sophie [7]

Answer:

Each Canyon lot will cost = $10,000, total costs associated to the 450 Canyon lots = $4,500,000

Each Hilltop lot will cost = $20,000, total costs associated to the 150 Hilltop lots = $3,000,000

Explanation:

When you allocate joint costs using the value basis method, the costs will be allocated to the different products using their sales value:

total costs = $4,000,000 + $3,500,000 = $7,500,000

total sales value = (450 lots x $55,000) + (150 lots x $110,000) = $24,750,000 + $16,500,000 = $41,250,000

total costs allocated per $1 of sales value = $7,500,000 / $41,250,000 = $0.181818

Each Canyon lot will cost = $0.18181818 x $55,000 = $10,000, total costs associated to the 450 Canyon lots = $4,500,000

Each Hilltop lot will cost = $0.18181818 x $110,000 = $20,000, total costs associated to the 150 Hilltop lots = $3,000,000

6 0
3 years ago
Lexi buys a food processor and uses it without any problems. She loans the processor to Jill, and Jill is injured when a part fl
Damm [24]

Answer:

Jill cannot hold the manufacturer responsible for her injury.

Explanation:

The above question is incomplete as there are several answer options which are listed below;

• Jill can hold the manufacturer liable for her injury as long as Lexi was in the room when she got

• Jill can hold the manufacturer liable for her injury

• Jill cannot hold the manufacturer responsible for her injury

• Lexi can hold the manufacturer liable for Jill's injury.

The above answer - Jill cannot hold the manufacturer responsible for her injury, is true according to the rule of privity of contract. The rule states that a person who is not a party to a contract does not have right to sue or be sued and to enforce the obligations arising from the contract, unlike a person who is a party to the contract.

With regards to the above scenario, Lexi, who buys a food processor is the party to the contract here, hence can sue and be sued in case of any injury suffered by her, however, Jill whom food processor was loaned to, is the third party here, hence not covered by the rule of privity of contract.

7 0
3 years ago
Inflexible or unreliable processes cause organizations to produce goods before they are required; this is called: A. excess moti
alexandr1967 [171]

According to business operation and standards, inflexible or unreliable processes cause organizations to produce goods before required; this is called "<u>Overproduction</u>."

<h3>What is Overproduction?</h3>

Overproduction is a term used to describe a situation in which a business firm produces or supplies an excess quantity of products that is way more than the quantity demanded in the market.

<u>Overproduction</u> of products usually leads to lower prices and sometimes unemployment of labor.

Hence, in this case, it is concluded that the correct answer is option C. "Overproduction."

Learn more about Overproduction here: brainly.com/question/8900736

6 0
2 years ago
To adequately evaluate an investment​ center's financial​ performance, summary performance measures should include both the​ div
aleksklad [387]

Answer:

True

Explanation:

A company manager should be able to appraise its operations profit and capital used to generate the profit.

6 0
3 years ago
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