1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga_2 [115]
2 years ago
14

If you borrow $1500 with a compounding interest rate of 8% for 2 years, that compounds semi-annually. How much will you pay back

in total at the end of 2 years
Business
1 answer:
mestny [16]2 years ago
4 0

Answer:

1740

Explanation:

1500(1+\frac{8}{100})^2

1500*(\frac{27}{25})^2

= 1749.6

You might be interested in
Mary expects the inflation rate to be 5%, and she is willing to pay a real interest rate of 3%. Joe expects the inflation rate t
dezoksy [38]

Answer:

c)Mary is glad she borrowed the funds because her real interest rate has fallen.

Explanation:

Real interest rate = nominal interest rate - inflation rate

=8% - 6% = 2%

Mary is willing to pay a real interest rate of 3% but she pays 2%. Her consumer surplus is 1%

Joe is willing to accept 3% but receives 2% in the end. Therefore, he doesn't earn a producer surplus.

I hope my answer helps you

8 0
3 years ago
China decides to build an aircraft carrier. what is the opportunity cost of the aircraft carrier?
evablogger [386]

The opportunity cost of the aircraft carrier is the cost of the next best option China forgoes in order to build the aircraft carrier.

<h3>What is the opportunity cost?</h3>

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity cost is also known as implicit cost. Opportunity cost is used in calculating implicit cost.

For example, if in deciding to build the aircraft carrier, China forgoes the opportunity to repair all the roads in china. Repairing all the roads in China is the opportunity cost.

To learn more about opportunity cost, please check: brainly.com/question/26315727

#SPJ1

5 0
2 years ago
The new technological capability that allows employees to work from locations other than their office and log into their company
qwelly [4]

Answer:

True

Explanation:

Telecommuting is described as the ability to work remotely. Telecommuting means having to work from anywhere other than the conventional office as long as there is a computer with an internet connection.

Telecommuting is being widely embraced  by various companies in different fields such as tech etc.  There are advantages as well as disadvantages to telecommuting. Some of the advantages include less stress for the employee, increased savings for both the employee and the employer, increased productivity in most cases etc. Disadvantages include distractions, less social interactions with humans etc.

The recent outbreak of the COVID-19 has seen more companies embrace the remote option as it keeps their employees safe from the deadly virus as a result of reduced body contact with potential carriers.

Without a doubt, telecommuting is the future.

4 0
3 years ago
An effectively distributed résumé will help you get an interview.
vaieri [72.5K]
T
Because no one would hire someone with a messed up résumé having a effectively disturbed résumé would leave a good first impression I believe.
7 0
3 years ago
Read 2 more answers
When you buy a house, what is the ball-park figure you should use for the price of the house
Advocard [28]
Buying a home is a big commitment. For most of us, it will be the biggest purchase we make in our lifetime. According to the National Association of Realtors, it also usually ties us to one place for about 12 years. Of course, the process is about more than finding a home you like. It’s about finding a home you can afford and enjoy for years to come. And the price tag you see isn’t the full story. It’s important to consider all of the financial factors of home ownership before you sign any dotted lines. Here are five costs to consider before buying a home this year (or any year!).
7 0
3 years ago
Other questions:
  • ​isabel orally agrees to buy a unique collection of nineteenth-century cowboy memorabilia for $10,000 from jessie and sends $2,5
    12·1 answer
  • The clientele of black &amp; company's audit practice consists primarily of privately-owned small and middle market companies. r
    13·2 answers
  • The williams family just bought a new van. the cost of the van is $26,857.00. state sales tax is 6% on the cost of the van. in a
    10·1 answer
  • Beau went shopping at ABC Carpet. He saw some carpet he liked but could not make up his mind. The manager at ABC Carpet wrote do
    7·1 answer
  • Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6;
    12·1 answer
  • An acquisition premium is the amount by which the price offered for an existing business exceeds the Select one: a. amount paid
    8·1 answer
  • PLEASE HELP
    11·2 answers
  • 1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with tech
    8·1 answer
  • okay y'all so I'm just starting a business I make lollipops and I've been just doing this since this summer and I got everything
    9·2 answers
  • A cash equivalent is: Multiple Choice Generally within 3 years of its maturity date. Close to its maturity date but its market v
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!