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2 years ago

Why do you think compound interest is described by some as a mathematical explosion?

Business

1 answer:

tekilochka [14]2 years ago

3 0

Explanation:

what is the first tink sol do you with your money ? g i v e TRUE ore false You should save first , give second and sens third false

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Use this formula to help solve the problem.

Sindrei [870]

$2,000 i think it is

7 0

3 years ago

PLEASE HELP ASAP

ioda

It would have to be E

3 0

3 years ago

Read 2 more answers

Van Frank Telecommunications has a patent on a cellular transmission process. The company has amortized the $26.10 million cost

AlladinOne [14]

Answer:

Original Cost = $26.10

Annual Amortization (Old) = $26.10 / 9 years

Annual Amortization (Old) = $2.9 million

Amortization till Date (2017 - 2021) = $2.9*4 = $11.6 million

Unamortized Value = $26.10 million - $11.6 million

Unamortized Value = $14.5 million

Remaining Life = 6 - 4

Remaining Life = 2 Years

New Amortization = Unamortized Value/Remaining Life

New Amortization = $14.5/2

New Amortization = $7.25 million

Journal Entry

Amortization Expense Debit - $7.25 million

Patent Credit - $7.25 million

5 0

3 years ago

National Chemical Company manufactures a chemical compound that is sold for $55 per gallon. A new variant of the chemical has be

shepuryov [24]

Answer:

National Chemical Company

New Variant of a Chemical Compound:

The effect on total profit if National produces the new compound variant is that total profit increases by $33,200

Explanation:

a) Data:

Selling price of old chemical = $55

Selling price of fined chemical = $78

Initial demand for the new compound = 8,300 gallons

Refining costs for the new compound = $157,700

b) Calculations:

Profit from new fined chemical = $23 ($78 - 55)

Differential Sales revenue = $190,900 ($23 x 8,300)

Differential processing costs $157,700

Effect on total profit = $33,200

c) Refining a chemical always add some value to the chemical. The additional value added is the differential sales revenue that National generates minus the additional processing costs involved to get the chemical refined.

8 0

3 years ago

Due to growing demand for computer software, the Shine Company has had a very successful year and expects its earnings per share

suter [353]

Answer:

A. $66

Explanation:

The price of the company's common stock can be determined by multiplying the industry's price/earning ratio by the earnings per share. If the price/earning ratio is 12, and earnings per share are $5.50, the stock price is:

$P=12*\$5.50\\P=\$66$

Therefore, the answer is alternative A. $66.

3 0

3 years ago