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3 years ago

how long will it take 13,000 to grow to 18,000 if the investment earns at the interest rate of 3% compunded monthly

Business

1 answer:

kondaur [170]3 years ago

4 0

Answer:

130 months

Explanation:

The computation of the time period is shown below:

Given that

Present value = $13,000

Future value = $18,000

PMT = $0

RATE = 3% ÷ 12 = 0.25%

The formula is shown below:

= NPER(RATE;PMT;-PV;FV;TYPE)

The present value comes in positive

After applying the above formula, the time period is 130 months

Therefore the time that should be needed is 130 months

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zaharov [31]

Answer:

Cash account reconciliation:

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subtract NSF check <u> ($580)</u>

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3 years ago

Alfred has set up a company. On day 1 he bought inventory, paying 6,000.0 on credit, due for payment on day 10. On day 2 he make

9966 [12]

The operating working capital that Alfred is going to have at the end of the day would be $12500.

<h3>How to solve for the working capital</h3>

The formula for the working capital = current assets - current liabilities

Current assets = $12500

current liabilities = 0

This is because, by the 10th day, he is supposed to have paid account payable.

The working capital would be = $12500 -0

= $12500

Read more on capital here: brainly.com/question/26214959

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2 years ago

Suppose the price of a tie rises from $45 to $55. using the midpoint method, what is the percentage change in price?

Vinvika [58]

<span>By midpoint formula, the percentage change in the price of a tie = {( $55 - $45) / [($45 + $55)/2]} * 100 = (10/50) * 100 = 20 percent</span>

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3 years ago

"Sally is in charge of erecting billboards along highways. The billboards display the logos of newly launched brands in the mark

USPshnik [31]

Answer:

preattentive processing

Explanation:

Preattentive processing -

It refers to the unconscious information , which can be adapted by the environment , is referred to as preattentive processing .

It refers to the information or the facts that are usually present or adapted by the minds .

The information or data need not be learned again or revised .

As it is a human behavior to connect the things with some predefined knowledge or thoughts .

Hence , from the given scenario of the question ,

The correct term is preattentive processing .

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3 years ago

Suppose you deposit $2,500 at the end of year 1, nothing at the end of year 2, $750 at the end of year 3, and $1,300 at the end

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Explanation:

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3 years ago