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sergiy2304 [10]
3 years ago
13

Claire is opening her first savings account with a $200 deposit. Her account pays 0.5% interest compounded monthly. How much wil

l this $200 earn in interest over the next 20 years?
Business
1 answer:
KiRa [710]3 years ago
8 0
If adding

48240

If subtracting

47760
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Dollar-cost averaging means that you buy equal dollar amounts of a stock every period, for example, $500 per month. The strategy
lana [24]

Answer:

Read the explanation below

Explanation:

Dollar-cost averaging is based on the belief that prices of stock fluctuate around a normal level.  Without this notion, it will not be possible to determine what can be seen as high or low now compared to the future.

The benefits of Dollar Cost Averaging attracts investors to employ. These benefits include:

1. It contributes on a regular basis to portfolios of investment.

2. The problem of market timing is eliminated especially for investors do not have time to track the market regularly or who lack the understanding of the market.

3. The cost basis to consumers on stocks whose values decline are is reduced.

4. It is easy to set up and not expensive especially for investors with no huge amount of money to invest. Like the example in the question, it easier for a salary earner to invest $500 monthly than investing $5,000 in a day.

Despite these advantages, dollar-cost averaging has its own disadvantages, and these include:

1. It has been found out in different studies that investor that can time the market correctly and invest a lump sum amount receive a higher return in the long run than what dollar-cost averaging can fetch.

2. The transaction costs paid by the investors significantly increased because of more number of different transactions when brokerage fee is high.

I wish you the best.

7 0
3 years ago
In most​ cases, the company is not simply seeking a sale.​ rather, it wants to engage the customer over the long haul in a​ ____
nexus9112 [7]
<span>In most cases, the company is not simply seeking a sale. rather, it wants to engage the customer over the long haul in a mutually profitable relationship. With this kind of goal, a company will have a higher chance of prosperity and stability in the long run.</span>
7 0
3 years ago
At Bayside Financial, where you work as a project manager, you have been asked to conduct user training sessions for a new infor
Otrada [13]

Answer:

The correct total time is nineteen (19) days instead of twenty-one days.

Explanation:

Given the analysis of time for the project in parenthesis, it is feasible to merge some of the activities together by carrying them out simultaneously.

For example:

In the course of arranging and confirming the training facility to use which will last for 3 days, the development of the training material that ought to last for 5 days is brought down to a 2 days work because the initial 3 days for arrangement becomes vacant pending the reply on the final day. This brings the total days from 8 to 5.

Other days remain thus:

• Send an e-mail message to all department managers (1 day)  

• Print copies of handout (2 days)

• Develop a set of PowerPoint slides (5 days)

• Conduct a practice training session with the instructor (2 days)

• Conduct the user training sessions (4 days).

Hence, total days are as follow:

5 +1 + 2 + 5 + 2 + 4 = 19 days.

5 0
3 years ago
Raven Company has a target of earning $71,200 pre-tax income. The contribution margin ratio is 16%. What amount of dollar sales
Jlenok [28]

Answer:

$685,000  

Explanation:

First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:

contribution margin ratio=contibution margin/sales revenue

contribution margin ratio=16%

contribution margin required=pretax income+fixed costs

contribution margin required=$71,200+$38,400=$109,600  

16%=$109,600/sales revenue

16%*sales revenue=$109,600

sales revenue=$109,600/16%

sales revenue=$685,000  

6 0
3 years ago
A recent social media promotion gathered headlines for humanizing what landmark building in new york city?.
Over [174]

A recent social media promotion gathered headlines for humanizing a landmark building in new York city made in C NN news.

<h3>What is landmark?</h3>

This is known to be a thing such as  building, a large tree, or a statue. It is one that can easily be seen and that can help a person find the way to a place near it.

It is also known to be a building that has historical importance. There was a recent social media promotion gathered headlines for humanizing a landmark building in new York city.

learn more about Landmark from

brainly.com/question/24416657

8 0
2 years ago
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