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Bess [88]
3 years ago
10

How many years would it take an amount of money to double if it is invested at a rate of 8% compounded continuously

Business
1 answer:
trapecia [35]3 years ago
5 0

Answer:nine years

Explanation:The result is the number of years, approximately, it'll take for your money to double. For example, if an investment scheme promises an 8% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.

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the costs of carrying inventory include the costs of . (check all that apply.) multiple select question. delivering goods to cus
gogolik [260]

The costs of carrying inventory include the costs of .

  • theft
  • storage
  • spoilage
  • obsolescence

<h3>What is inventory carrying cost?</h3>

Inventory carrying cost can be defined those cost or expenses incurred by companies so as to store their products or goods in their warehouse.

Most companies tend to incur this type of cost because they will need to stock or keep inventory for a period of time and  sometimes this store inventory are at risk of be stolen or damaged.

Therefore the costs of carrying inventory include the costs of, theft, storage, spoilage and obsolescence.

Learn more about Inventory carrying cost here:brainly.com/question/18804059

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4 0
1 year ago
According to Graham and Harvey's 2001 survey (Figure 8.2 in the text), the most popular decision rules for capital budgeting use
Elza [17]

Answer:

A) IRR, NPV, Payback period

Explanation:

According to Graham and Harvey's 2001 survey, for capital budgeting  decision making, the following capital techniques are used which are described below:

Internal rate of return: It is that rate of return in which the net present value is zero that means initial investment and the present value of the annual cash inflows are equal

Net present value: In this method, the initial investment is subtracted from the discounted present value cash inflows. If the amount comes in positive than the project is beneficial for the company otherwise not.

The computation of the Net present value is shown below

= Present value of all yearly cash inflows after applying discount factor - initial investment

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

Payback period: It refers to the period in which the initial investment amount should be recovered. It is denoted in years

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

8 0
3 years ago
After 10 years of regular monthly payments on a 25-year amortized loan for $245,000 at 3.125% interest compounded monthly, how m
IrinaVladis [17]

Answer:

The answer is "36.197%".

Explanation:

p = \$ 245,000 \\\\r= 3.125\% = 0.03125\\\\n=12 \\\\t= 25 \ years\\\\

Formula for EMI

\to p \times \frac{r}{n} \times [\frac{(1+\frac{r}{n})^{nt}}{(1+\frac{r}{n})^{nt} -1}]

= 245,000 \times \frac{0.03125}{12} \times [\frac{(1+\frac{0.03125}{12})^{12 \times 25}}{(1+\frac{0.03125}{12})^{12 \times 25} -1}]\\\\= \$ 1177.81\\\\

Formula for calculate balance after 10 years:

\to p \times (1+\frac{r}{n})^{nt} - EMI (\frac{(1+\frac{r}{n})^{nt} -1}{\frac{r}{n}})

\to 245,000 \times (1+ \frac{0.03125}{12})^{10\times 12} - 1177.81 [\frac{(1+\frac{0.03125}{12})^{10\times 12} - 1}{ \frac{0.03125}{12}}]\\\\\to \$ 334739.43 - \$ 165,662.30\\\\\to \$ 169077.13

Total amount after 10 years:

\to \$265000 -\$169077.13\\\\\to \$ 95922.87

calculate rate:

= \frac{\$ 95922.87}{\$ 265,000} \times 100\\\\= 36.197 \%

8 0
3 years ago
Where did the indestrial revolution starts and why did it beinging there​
Marat540 [252]

Answer:

it began in 1760. it started there because of the new inventions that were made like the cotton gin, electricity and other inventions. More and more countries got access to these inventions and they became more and more industrialized and urban.

5 0
2 years ago
Kelly was concerned about her lymph nodes in her neck being swollen. after feeling them, dr. bancroft explained that they were s
zhannawk [14.2K]
After feeling Kelly's swollen lymph nodes in her neck, Dr. Bancroft explained that they were swollen because her body was fighting an infection.
Although she hasn't yet gotten the infection or felt it kicking in, her body is nevertheless reacting to the impending infection that is about to enter her body. This is why her lymph nodes are swelling up, because they are trying to produce materials that will help her body eradicate this infection even before it actually infects her body.
4 0
4 years ago
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