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3 years ago

One year ago, you invested $3,250.00. Today, it is worth $4,000.00. What rate of interest did you earn

Business

1 answer:

mojhsa [17]3 years ago

8 0

Answer:

23.08%

Explanation:

Future value =Present value*(1+r)^n

$4,000 = $3,250*(1+R)^1

$4,000 = $3,250*(1+R)

1+R = $4,000/$3,250

1+R = 1.230769

R = 1.230769 - 1

R = 0.230769

R = 23.08%

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PtichkaEL [24]

Answer:

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Explanation:

The computation of the amount that should be borrowed is given below:

Opening cash balance $29,500

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Less Cash Disbursements -$122,540

Balance before adjustment $4,960

Desired ending cash balance $23,000

Amount to be borrowed $18,040

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3 years ago

A successful biologist’s main interest area would be _____.

SpyIntel [72]

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3 years ago

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Likurg_2 [28]

I believe that is an example of <span>disengagement theory.
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4 years ago

which component of the marketing mix encompasses all efforts by an international firm to enhance the desirability of its product

spayn [35]

Answer:

Geocentric approach

Explanation:

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3 years ago

A salesperson receives a base salary of $1,200 per month plus a commission of 6 percent on each sale. The following sales were m

Sveta_85 [38]

Answer:

$4062

Explanation:

base salary of $1,200

+ 6% of each sale

so $1,200 + $390 + $619.20 + $42 + $70.80 + $1,740

=$4062

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2 years ago