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dimulka [17.4K]
3 years ago
15

A sum of $6,500 deposited in an account grows to $8,000 in 9 years. Assuming annual compounding, what interest rate is being pai

d
Business
1 answer:
earnstyle [38]3 years ago
8 0

Answer:

The interest rate would be 2.33%, bringing the total after 9 years to $8,000.06

Explanation:

The final balance would be $8,000.06 and a total compound interest of $1,500.06

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Suppose a State of California bond will pay $1,000 eight years from now. If the going interest rate on these 8-year bonds is 5.5
aksik [14]

Answer:

The bond is worth $651.59 today

Explanation:

FV = $1000

N = 8

I/Y = 5.5%

Present Value = ?

PV = FV*(1+r)^(-n)

PV =  $1000 * (1 + 0.055)^-8

PV =  $1000 * (1.055)^-8

PV =  $1000 * 0.651599

PV = $651.59

5 0
3 years ago
On December 31, 2021, Perry Corporation leased equipment to Admiral Company for a five-year period. The annual lease payment, ex
ivanzaharov [21]

Answer:

$20,000

Explanation:

Calculation to determine by what amount will Perry's earnings increase due to this lease

Using this formula

Selling price=Fair value-Cost

Let plug in the formula

Selling price=$125,000-$105,000

Selling price=$20,000

Therefore The amount that Perry's earnings will increase due to this lease is $20,000

3 0
3 years ago
Find a company offering different products and discuss what the company did to retain its customers under particular circumstanc
VikaD [51]

Answer:

Explanation:

Consider Samsung, a global leader in electronic goods such as the Galaxy brand of smartphones, laptops, and home appliances, among others. A sector of Samsung Company known as Samsung C&T Fashion Group offers a variety of items to clients, including apparel and athletics.

What the company did to keep its consumer in a certain situation. Most regions of the world, as well as companies and business owners, have been affected by the recent COV-ID epidemic along with those in line of clothes and athletics. Samsung saw this and they began selling facial masks to protect clients from the viral infection, allowing the company to retain customers and boost its customer retention rate.

As a result, a few of their companies began producing UV sterilizers particularly for cleaning mobile devices in order to reduce the possibility of the virus spreading through mobile phones.

8 0
3 years ago
Laura is a gourmet chef who runs a small catering business in a competitive industry. Laura specializes in making wedding cakes.
DedPeter [7]

Answer:

b. make fewer than 20 wedding cakes per month.  

Explanation

Laura sells 20 wedding cakes per month.

Her monthly total revenue is $5,000.

Marginal Revenue = $5000 / 20 cakes = $250

The marginal cost of making a wedding cake is $300.

<em>In order to maximize profits, Laura should make fewer than 20 wedding cakes per month.  </em>

<em>The reason is that Laura's marginal cost is higher than her marginal revenue implying that she is spending more on each item than she is gaining. </em>

<em>By reducing one unit of output she will be gaining more revenue.</em>

<em> Profit Maximization Rule Definition  states that if a firm chooses to maximize its profits, it must choose that level of output where Marginal Cost (MC) is equal to Marginal Revenue (MR) and the Marginal Cost curve is rising. i.e. it must produce at a level where MC = MR. </em>

<em>Hence Laura has to make fewer cakes</em>

7 0
3 years ago
In hopes of earning a few dollars on belongings they no longer use or want, some people take their household items to consignmen
Diano4ka-milaya [45]

Answer:

Selling through a consignment shop

Explanation:

Structural holes refer to a situation in which parties in a network are not able to interact.

A consigment shop is a store where you can take things to sell and the owner decides a price to pay and then, the objects are sold to someone else at a higher price and the owner gets a profit.

eBay is an online shopping site that allows people to sell things directly to buyers.

According to this, the answer is that the method of selling that can be argued to have more structural holes is selling through a consignment shop because buyers can't negotiate directly with the sellers which they can do in eBay.

5 0
3 years ago
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