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2 years ago

When an enterprising individual pursues a lucrative opportunity, it is known as:

Business

1 answer:

svlad2 [7]2 years ago

5 0

Answer:

When an enterprising individual pursues a lucrative opportunity, it is known as entrepreneurship

Explanation:

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If an investment of $35,000 is earning an interest rate of 8.00%, compounded annually, then it will take for this investment to

Snowcat [4.5K]

Answer:

Therefore the required time period is 3 years.

Explanation:

To calculate the number of period we are using the following formula of future value

Future value = $C_0(1+r)^n$

$C_0$ is cash flow at period 0= $ 35,00

r = rate of interest = 8.00% = 0.08

n= number of periods = ?

Future value = $44,089.92

Substituting the values in the formula

$44,089.92= 35,000(1+0.08)^n$

$\Rightarrow (1+0.08)^n=\frac{44089.92}{35000}$

$\Rightarrow(1.08)^n = 1.259712$

$\Rightarrow (1.08)^n=(1.08)^3$

$\therefore n= 3$

Therefore the required time period is 3 years.

6 0

3 years ago

Melanie has a balance of $1700 on a credit card with an apr of 24.2%, compounded monthly. about how much will she save in intere

slamgirl [31]

She will save about $267.27 ($2160.24 - $1892.97) in interest over the course of a year if she transfers her balance to a credit card with an apr of 10.8%, compounded monthly. This problem can be solved using the compounding interest formula which stated as A = P*(1+i)^n. A is the amount affected by the compounding interest, i is the interest rate, and n is the period of time. You must find the amount using the 24.2% and 10.8% compounding interest and find the difference between them.

4 0

3 years ago

Read 2 more answers

Big Canyon Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and a p

AnnyKZ [126]

Answer:

The correct answer is 8.679%.

Explanation:

According to the scenario, the given data are as follows:

Face value (F) = $1,000

Bond value (B)= $955

Time (t) = 18 years

Yield (r) = 9.2%

First we calculate the coupon payment:

Let coupon payment = C

then,

B = C × $\frac{1 - \frac{1}{(1+r)^{t} } }{r} + \frac{F}{(1+r)^{t} }$

By putting the value, we get

$955 = C× $\frac{1 - \frac{1}{(1+0.092)^{18} } }{0.092} + \frac{1000}{(1+0.092)^{18} }$

$955 = C × 8.64 + 205.11

C = 86.79

So, Coupon Rate = Coupon Payment ÷ Face value

= 86.79 ÷ 1000

= 0.08679

= 8.679%

8 0

3 years ago

Differentiate X3+ 3X2+X

natka813 [3]

Answer:

Explanation:

Differentiate X3+ 3X2+X.The rules of differentiation say that if y= kX^n then dy/dx = knX^n-1. Therefore, X^3 would become 3X^2, 3X^2 would become 6X

6 0

3 years ago

A(n) _______ clusters jobs into categories reflecting their relative importance to the organization and its goals, the levels of

Drupady [299]

Answer:

Pay structure

Explanation:

According to the question it is mentioned that for the required skils level, importance, goals, other attributed relevant, the pay structure cluster job is to categorize among the above skills,

Here the pay is paid based on the skills & knowledge of the person, his or her characteristics, goals, experience that brings the difference from person to person

Therefore the given situation represents the pay structure

6 0

3 years ago