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fgiga [73]
2 years ago
10

XYZ just deposited $3,700 in an account that will earn 7.1 percent per year in compound interest for 9 years. If Svetlana deposi

ts $4,000 in an account in 3 years that earns simple interest, then how much simple interest per year must Svetlana earn to have the same amount of money in 9 years from today as XYZ will have in 9 years from today
Business
1 answer:
solong [7]2 years ago
3 0

Answer:

11.92%

Explanation:

The computation of the simple interest per year is shown below:

Future value would be

= Deposited Amount × (1 + rate of interest)^years

= $3,700 × (1 + 7.1%)^9

= $6,859.73

Now the simple interest is

= (Future value ÷ deposit) - 1 ÷ number of year

= ($6,859.73 ÷ $4,000)  - 1 ÷ 9

= 0.71493 ÷ 9

= 11.92%

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A bank loaned out 19,000 part of it at 6% interest per year and the rest at 14% per year. if the interest recieved in one year t
Ksju [112]
Let x be the part of 19,000 that was loaned out at 6% such that the remaining 19,000 - x was loaned out at 14%. The interest is calculated by the equation,

    I = P x i x n

where P is the principal amount, i is the interest, n is the number of years. Substituting the known values,

   2000 = (x)(0.06) + (19000 - x)(0.14)

The value of x from the equation above is 8250.

Hence, 8,250 was loaned out at 6%. 
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4 years ago
What peripherals would you need to host a video conference?
Leto [7]
The answer would be C. Webcam, Speakers, and microphone.
5 0
3 years ago
Read 2 more answers
Match Group went public in November 2015. The company sold 33,333,333 shares at $12 per share. The underwriting spread was $0.66
kipiarov [429]

Answer:

5.5%

Explanation:

The underwriting spread = $0.66 per share

the percent underwriting spread = ($0.66 / $12) x 100 = 5.5%

The underwriting express is the fee that the underwriter of the stock (usually an investment bank) will charge the company for carrying out the transaction, either an IPO or simply issuing more stocks.

3 0
3 years ago
Firms that can employ and establish _________________, are more likely to protect their competitive advantage from being copied
pishuonlain [190]

Firms that can employ and establish <u>isolating mechanisms</u> are more likely to protect their competitive advantage from being copied and/or eroding away.

Isolation mechanisms:

A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.

A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.

If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.

A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.

Learn more about Isolation mechanisms here:

brainly.com/question/15095207

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2 years ago
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Tcecarenko [31]

Answer:E. a flexible price policy

Explanation:

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