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
AnnyKZ [126]
3 years ago
14

If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation?

Business
2 answers:
Elenna [48]3 years ago
5 0
C. Future value of a series of deposits

It is not B, because although Future Value of a Single Amount (FV) is similar, it is only when you deposit a certain amount one time and let it grow in value. 
Your question says they deposit money more than once, so it is C.
Rina8888 [55]3 years ago
5 0

Answer:

Future value of a series of deposits

Explanation:

You might be interested in
As security becomes more important, most routers now have software that enables the network manager to create a(n) _______ that
Elan Coil [88]

Answer:

Access Control List

Explanation:

An access control list is a table that tells a computer operating system(windows, Mac-os, Linux) which access rights a user or group of users have to certain object on the computer system. The object to be accessed may range from an individual file to a directory.

The most commonly allowed accesses includes the ability to read files, execute files (i.e if the files is executable; .exe), write to the file.  

3 0
3 years ago
On September 15, 2021, Oliver's Mortuary received a $7,200, nine-month note bearing interest at an annual rate of 8% from the es
Sphinxa [80]

Answer: PLease see answer below

Explanation:

Date Account title and explanation Debit Credit

Dec 31   Interest receivable                           $168  

2021             Interest revenue                                                 $168

Calculation

Interest =Principal x time x rate

= 7,200 x 8% x 3.5 /12(15th september to 31st December)

=$168

4 0
3 years ago
A responsibility chart is used in operations consulting in planning the task responsibilities for a project. True False
KonstantinChe [14]

Answer:

True.

Explanation:

A responsability chart is useful for describing the participation of persons  completing labors and deliverables for a project or a business process. Some of the information considered in this type of chart is:

  • Labor or procedure.
  • Responsible.
  • Supervisor.
  • delivery date.
7 0
3 years ago
Vertical marketing systems are best described as ______. Multiple choice question. the elimination of costly backward and forwar
USPshnik [31]

Answer:

professionally managed and centrally coordinated marketing channels.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Vertical marketing systems used as a promotional and sales technique of goods and services by various business firms are best described as professionally managed and centrally coordinated marketing channels.

6 0
3 years ago
The current price of the common stock of Internet Enterprises is $100. Over the course of a year, the stock's price will either
KATRIN_1 [288]

Answer:

Current value of this newly issued option on Internet Enterprises= $25

Explanation:

Risk free rate for 6 month or period 1= (1000-909.09)/909.09=10%

Risk free rate for 1 year= (1000-826.45)/826.45=21%

Hence, risk free rate for period 2= (1+21%)/(1+10%)-1=10%

Now, Risk free rate factor for period 1 (R1)=1+10%=1.1

Risk Free rate factor for period 2 (R2)=1+10%=1.1

Upward price factor for a period(u)=(1+100%)^(1/2)=1.414

Downward price factor for a period(d)=(1-50%)^(1/2)=0.707

Probability of upward price= (R-d)/(u-d)=(1.1-0.707)/(1.414-0.707)=0.55

Probability of downward price= 1-0.55=0.45

After period 1: Upward price=100*1.414=141.4 with probability 55%

Downward price =100*0.707=70.7 with probability 45%

After period 2:

Upward Price will be =141.4*1.414=200 with probability= 55%*55%=30.25%

Downward price will be=70.7*0.707=50 with probability=45%*45%=20.25%

Mid price will be = 141.4*0.707 or 70.7*1.414=100 with probability =2*45%*55%=49.5%

Now, the highest price the stock can go is $200 with probability 30.25% and it was issued at $100

Hence, expected payoff of the option=30.25%*(200-100)=$30.25

So, current value of the newly issued option= 30.25/(1+21%)=$25

4 0
3 years ago
Other questions:
  • Why would deca, an international association of marketing students, be classified as a nonprofit organization?
    14·1 answer
  • Criminal acts are prohibited only by federal statutes. <br><br> a. True <br><br> b. False
    6·1 answer
  • Anthony’s debit card was stolen and someone purchased over $1,000 worth of items on it. Which law or regulation protects Anthony
    8·1 answer
  • The number one reason for failure of new business is
    15·1 answer
  • When planning for college, you should consider: A. Visiting colleges during your junior year. B. Speaking with your school's col
    15·1 answer
  • On January 1, 2017, Marin Company purchased 12% bonds, having a maturity value of $320,000, for $344,260.74. The bonds provide t
    12·1 answer
  • To determine the consumer price index (CPI), _____. Select one: a. the values of the current market basket at current prices and
    12·1 answer
  • Enlightened carmakers have hired women designers, engineers, and marketing executives to better understand the way women decide
    6·1 answer
  • What is the good that you have selected?
    9·1 answer
  • Which model allows private companies to set up manufacturing units on prison grounds or purchase goods made by inmates in shops
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!