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Darya [45]
3 years ago
12

Eric & Stephanie have $14,500 saved for a down payment on a home. What is the future value of their savings in five years if

it is invested
at 12% return?
Business
1 answer:
Step2247 [10]3 years ago
4 0

Answer:

FV = $25553.9544064  rounded off to  $25553.95

Explanation:

The future value of a cashflow or amount can be calculated using the following formula,

FV = PV * (1+r)^t

Where,

  • FV represents future value
  • PV represents Present value
  • r is the rate of return or interest
  • t is the time period

We know the values for PV, r and t. Plugging in these values in the formula above, we can calculate the future value to be,

FV = 14500 * (1+0.12)^5

FV = $25553.9544064  rounded off to  $25553.95

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a conflict of interest in research could result when a physician is paid as a consultant for a pharmaceutical company and also c
Roman55 [17]

False, since both roles are in the capacity of research and does not compromise results. So there is no conflict of interest in research.

Conflicts of interest are situations in which professional judgments or actions regarding a primary concern, such as a medical researcher's responsibilities, may be easily persuaded by a secondary interest, such as monetary benefit or professional advancement.

Many doctors work full-time for biotech and pharmaceutical companies, as well as medical device manufacturers. They work in research, product development, or administration. In fact, a few of them own the businesses. This is not conflict of interest.

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6 0
1 year ago
if gdp is $15 trillion, consumption is $9 trillion, government spending is $2 trillion, investment is $3 trillion, and exports a
Sveta_85 [38]

The imports of this country are around $2 trillion.

The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:

<em>GDP = Consumption + Government Spending + Investment + Exports - Imports</em>

15 = 9 + 2 + 3 + 3 - Imports

15 = 17 - Imports

Imports + 15 = 17

Imports = 17 - 15

Imports = $2 Trillion

In conclusion, the imports are $2 Trillion

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8 0
2 years ago
The opportunity cost of a choice is the _____ of the opportunities lost.a. Valueb. Interest
vlada-n [284]

Answer:

value

Explanation:

Opportunity cost or implicit is the value of the option forgone when one alternative is chosen over other alternatives.

For example, if I leave by job where i earn $100,000 per year to study economics in college. My opportunity cost is $100,000. This is the amount i would have been earning if i didn't go to college

5 0
3 years ago
The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favo
Black_prince [1.1K]

Answer:

the  standard price per yard is $6.25

Explanation:

The computation of the standard price per yard is shown below;

Material quantity variance = Standard Price  × (Actual quantity - Standard quantity)

-$5,000 = Standard price  × (10,000 - 10,800)    

Thereore Standard price = -$5,000 ÷ (-800)  

= $6.25    

Hence, the  standard price per yard is $6.25

We simply applied the above formula so that the standard price per yield could come

5 0
3 years ago
________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate th
VikaD [51]

Informational Appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.

<h3>What is Informational Appeals ?</h3>

It allows you to showcase the product's qualities and the benefits that a buyer will gain when using the goods. It is an effective method of persuading them that your product is something they truly require and can use. Con: Informative advertisements can be boring.

Aristotle proposed three types of argumentation arguments: logical, ethical, and emotional appeals.

Ebooks, "How-to" videos, blogs, and brochures are all examples of informational marketing because they provide a detailed description of a service or product and what makes it unique in the business.

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4 0
2 years ago
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