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Bess [88]
3 years ago
9

Suppose an investor deposits $5,000 in an interest-bearing account at her local bank. The account pays 2.5% (annual) with intere

st compounded monthly. If the investor plans on withdrawing the original principal plus accumulated interest at the end of ten years, what is the total amount that she should expect to receive assuming interest rates do not change
Business
1 answer:
dlinn [17]3 years ago
4 0

Answer:

FV= $6,418.20

Explanation:

Giving the following information:

Initial investment (PV)= $5,000

Interest rate (i)= 0.025/12= 0.002083

Number of periods (n)= 10*12= 120 months

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 5,000*(1.002083^120)

FV= $6,418.20

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The American Federation of Labor (AFL) had 1.6 million members by 1904. The AFL represented mainly skilled, white, native-born w
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Answer:

Explanation:

As the complete question is not given thus the complete question is found online and is attached herewith.

As per the complete question, the goals of the two foundations are required which are as follows:

American Federation of Labor:

American Federation of Labor made efforts for

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Industrial Workers of the World advocated and worked for:

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4 years ago
Research indicates that investors who closely monitor their portfolios and trade quickly in response to minor fluctuations in pr
trapecia [35]

B. underperform those who hold investments for the long term and trade infrequently.

Research indicates that investors who closely monitor their portfolios and trade quickly in response to minor fluctuations in price underperform those who hold investments for the long term and trade infrequently.

<h3>Why do investors underperform?</h3>

Market timing is the first explanation. Individual investors attempt to decide whether to invest in stocks and when to withdraw funds from them. Despite the fact that we are aware of the market's unpredictability, investors frequently invest during bull markets and exit during down markets. This is seen in the money flows into and out of mutual funds during stock market extremes. Your return will be negatively impacted if you buy high and sell low.

The fees that investors spend are the second factor contributing to their poor market performance. The majority of investors are unaware of their costs and don't care. They fail to understand how a few dollars here and there could possibly make a difference. They believe the fees and charges don't exist since they can't see them.

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2 years ago
Which concept do businesses use to earn income?
Studentka2010 [4]

Answer:

Businesses use three types of profit to examine different areas of their companies.

1. Gross profit subtracts variable costs to revenue for each product line. Variable costs are only those needed to produce each product, like assembly workers, materials, and fuel. It doesn't include fixed costs, like plants, equipment, and the human resources department. Companies compare product lines to see which is most profitable.

2. Operating profit includes both variable and fixed costs. Since it doesn't include certain financial costs, it's also commonly called EBITA. That stands for Earnings Before Interest, Tax, Depreciation, and Amortization. It's the most commonly used, especially for service companies that don't have products.

3. Net profit includes all costs. It's the most accurate representation of how much money the business is making. On the other hand, it may be misleading. For example, if the company generates a lot of cash, and it's invested in a rising stock market, it may look like it's doing well. But it might just have a good finance department, and not be making money on its core products.

Explanation:

4 0
3 years ago
What was the physical change that happens to Jodi’s character in Tall Girl? Movie
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Jodi is very tall at around 6 foot 1, she is very self-concious about it and doesn't really know how it happened

(She assumes it was a gene that may have skipped a generation or two)

It may be a gene mutation, and she has no idea how exactly it happened.     No one does.

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3 years ago
Write two features of polar bear that help it to survive in its habitat<br>​
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Answer:

1 camouflage

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Explanation:

7 0
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