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3241004551 [841]
2 years ago
10

g Ken Francis is offered the possibility of investing $2,745 today; in return, he would receive $10,000 after 15 years. What is

the annual rate of interest for this investment?
Business
1 answer:
Furkat [3]2 years ago
3 0

Answer:

9.00%

Explanation:

If Ken Francis' original investment (P) is $2,745 and the future value (FV), after a period (n) of 15 years, is $10,000, the annual interest rate (r) for this investment is given by:

FV = P*(1+r)^n\\r=\sqrt[n]{\frac{FV}{P}} -1\\r=\sqrt[15]{\frac{10,000}{2,745}} -1\\r=0.0900 = 9.00\%

The annual rate of interest for this investment is 9.00%.

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Beanstalk International is a rapidly growing company with well-established subsidiaries in several nations. The company wants to
miskamm [114]

Answer:

value chain analysis

Explanation:

Value chain analysis is a tool used within a firm to identify processes that add value in an organisation. It aims to reduce activities that constitute unnecessary cost and improve on processes that add value or give competitive advantage.

Beanstalk International needs a strategy that will help it differentiate primary and support activities in the company with a view of adding more value and adapting it's product to local preferences.

The value chain analysis is ideal for this to identify primary activities that drive company competitiveness.

5 0
2 years ago
Anna has $38,654 in a savings account that pays 2.3 percent interest. Assume she withdraws $10,000 today and another $10,000 one
tester [92]

Answer:

$20,676.53

Explanation:

The qeustion is to determine Future Value of the withdrawal Anna will make in 4 years

Amount in Savings - Amount Withdrawn today) x 1 + rate - Amount to be withdrawn a year from today ) x 1 + rate ∧3 years

$38,654 - $10,000 x 1.023

= $28,564 x 1.023

= 29,313.042‬- 10,000 =

19,313.042 x 1.023 ∧3

=19,313.042x 1.070599167

$20,676.53

This means that after withdrawing $10,000 to day and another $10,000 one year form today, from Anna's initial savings of $38,654, she will be able to withdraw her entire balance of $20,676.53 in 4 years time.

3 0
2 years ago
Norma Company had 10,000 units in work in process at January 1 that were 50 percent complete. During January, 25,000 units were
ZanzabumX [31]

Answer:

b. 29,800.

Explanation:

Number of units out in January =  25,000 units completed during month  + 80% of 6,000 units completed at month end  

= 25,000 + 4,800  

= 29,800  

5 0
2 years ago
Read 2 more answers
The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______
Alex_Xolod [135]

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

7 0
2 years ago
One change that seth mentions is the plantbottle. another is using grape juice instead of sugar to sweeten drinks. what is true
Aleks04 [339]
The answer to this question is The PlantBottle is a potentially disruptive innovation; grape juice–sweetened drinks are a product change<span>.
Disruptive innovation refers to the type of innovation that potentially eliminate existing similar product in the market, and product change is an additional adjustment that made toward a similar product that already exists int he market.</span>
7 0
2 years ago
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