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Alika [10]
4 years ago
14

Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $1

30,000 7-years from now. How much must Carol deposit to accomplish her goal?
Business
1 answer:
Luba_88 [7]4 years ago
3 0

Answer:

the formula for compound interest future value is S=P*((1+i)exp n)-1/i)expt

Explanation:

The answer is $6,186

130000=X*((1+0.06)exp 14)-1/0.06)

X= 6,186

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What is bank run ? in your own words.​
postnew [5]

Answer:

A bank run occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future

Explanation:

A bank run occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future

8 0
3 years ago
What type of experiences throughout life can help develop your abilities?
maksim [4K]
Being bullied to help you stand up to people and have more confidence

Losing something you love to teach you to cherish the small things

Losing things that you think aren’t that important to teach you how to care and be more respectful for the things you have that some people can’t

Friends to help you threw life and teach you new things that you never even knew about yourself

5 0
3 years ago
• Now imagine that you bought a mutual fund that had a beginning NAV of $10 per share. It paid dividends of $0.50 and distribute
sp2606 [1]

Answer:

The total return in % terms is 7.5% while it is $0.75 in dollar terms

Explanation:

Total return =NAV1-NAV0+Dividends+Capital gains/NAV0

NAV1  is the closing NAV at $9.50

NAV0 is the opening NAV at $10

Dividends is $0.50

capital gains is $0.75

Total return=($9.50-$10.00+$0.50+$0.75)/$10.00

Total return is 7.50%

Total return in dollar terms =($9.50-$10.00+$0.50+$0.75)

                                            =$0.75

The total return in % terms is 7.5% while it is $0.75 in dollar terms

The return is made of increase or decrease of NAV itself plus dividends and capital gains in share price.

3 0
4 years ago
Read 2 more answers
When cell phones were first entering the market, they were relatively large and reception was undependable. All cell phones were
vodomira [7]

As the products go on the market, the limitations in the induction cause them to be relatively homogeneous, however, over time, technological advances, product positioning, consumer needs and profits allow the market to lose homogeneity, especially those products that are related to very subjective and diverse criteria such as aesthetics or happiness.

In this case, what is shown in the cell phone market is the variation in the offer that occurred over time.

Answer

The history of the cell phone demonstrates that a. <em>Markets evolve toward greater heterogeneity over time.</em>

5 0
3 years ago
Until now, only injectable vaccines against influenza have been available. Parents are reluctant to subject children to the pain
Jobisdone [24]

Answer:

D) Adults do not contract influenza primarily from children who have influenza.

Explanation:

The conclusion from this argument is that there is no health benefit for the nasal spray vaccine since it was designed to be administered to children, but children rarely get influenza.

The only assumption that strengthens this conclusion is that children do not pass influenza to adults.

  • If this is true, plus the fact that children rarely get influenza, then why would anyone need an influenza vaccine for children.
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7 0
3 years ago
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