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MA_775_DIABLO [31]
3 years ago
9

your parents spent $7,800 to buy 200 shares of stock in a new company 12 years ago. the stock has appreciated 14.6 percent per y

ear on average. what is the current value of those 200 shares?
Business
1 answer:
maw [93]3 years ago
4 0

Based on the information the current value of those 200 shares is $40,023.03.

Using this formula

Future value=Principal(1+rate)^Time

Where:

Principal=$7,800

Rate=14.6% or .145

Time =12 years

Let plug in the formula

Future value=$7,800 × (1 + .146)^12

Future value=$7,800×(1.146)^12

Future value=$7,800×5.131159

Future value= $40,023.03

Inconclusion the current value of those 200 shares is $40,023.03.

Learn more here:

brainly.com/question/24131921

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Bill currently uses his entire budget to purchase 5 cans of Pepsi and 3 hamburgers per week. The price of Pepsi is​ $1 per​ can,
FinnZ [79.3K]

Answer:

Option (B) is correct.

Explanation:

The utility maximization point for a consumer is as follows:

\frac{MU_x}{P_x}=\frac{MU_y}{P_y}

It is given that,

price of Pepsi(x) =​ $1 per can

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Marginal utility from Pepsi =​ 4

Marginal utility from hamburgers = 6

Hence,

\frac{4}{1}>\frac{6}{2}

4 > 3

Therefore, it can be seen that the consumer's utility is not maximized at this point.

Law of diminishing marginal utility states that as the consumer consumes more and more quantity of goods then as a result the utility obtained from the consumption goes on diminishing.

So, there is a need to increase the quantity of Pepsi consumed and reducing the quantity of hamburgers consumed.

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The marginal cost will most likely increase to $2.00

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GREYUIT [131]

A good reason why it is important not just to read but to also reference things appropriately would be to avoid the issues of plagiarism.

<h3>What does it mean to reference a work?</h3>

This is the term that is used to refer to the fact that a work has been accredited to the rightful people that own. When someone is writing, they may list several ideas from an outside sources, it is advised to reference the people that own the work that has been used in this writing.

Hence we can say that a good reason why it is important not just to read but to also reference things appropriately would be to avoid the issues of plagiarism.

Read more on scholarly articles here: brainly.com/question/18754197

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I increase my demand for organic fruits and vegetables when my income increased. This shows they are normal goods.

Generic fruits and vegetables are inferior goods.

Inferior goods are goods whose demand falls when income rises and increases when income falls.

I hope my answer helps you

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