Answer: $20,478.78
Explanation:
In 14 years the investment will be,
Gold
10,000/2 = 5000
Then use the compound interest formula
5000 * (1+0.07)^ 14 = $12,892.67
For Certificates of Deposits.
Use the Compound interest formula
Rate and period are in years. Convert to semi annual basis.
3%/ 2 = 1.5%
14 * 2 = 28 periods
= 5000 ( 1+ 0.015) ^ 28
= $7,586.11
Add both
=$12,892.67 + $7,586.11
= $20,478.78
You must consider both consequences, the positive and the negative. Then you must think of a way that you will have a win-win situation or just do the compromising to be able to solve the problem and have a faster solving process.
Answer:
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Answer:
The correct answer is C. Cemex, the largest cement producer in Mexico, generates about half of its income from outside Mexico.
Explanation:
CEMEX is an international company for the construction industry, which offers products and services to clients and communities in more than 50 countries around the world. The Mexican company holds the third place in world sales of cement and is the main producer of ready-mix concrete, with a production capacity of approximately 77 million tons per year, serving the markets of America, Europe, Asia, Africa and the Middle East. 50% of the company's sales come from its operations in Mexico, 25% of its plants in the United States, 15% from Spain, and the rest from its plants in other parts of the world.
