answer.
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
Step2247 [10]
2 years ago
11

Ana is thinking about putting $200 in a savings account that earns 4% interest compounded semiannually. She wants to keep that m

oney in the account for 2 years. Which of the formulas below can help her calculate how much money she will have at the end of the 2 years?
Business
2 answers:
KengaRu [80]2 years ago
5 0

Answer:

$200(1+0.02)^4 -- APEX

Explanation:

Guessed this was answer

rjkz [21]2 years ago
3 0
Compound interest formula:
A = P * ( 1 + r/n ) ^(n t)
In this case:
A = $200 * ( 1 + 0.04/2 )^(2*2) =
= $200 * ( 1.02)^4 =
= $200 * 1.08243 = $216.49
Answer: At the end of the 2 years she will have $216.49.  
You might be interested in
Department 1 completed and transferred out 450 units and had ending work in process inventory of 60 units. The ending inventory
Reil [10]
The answer to this is 462
8 0
1 year ago
Handy Man, Inc., has zero coupon bonds outstanding that mature in eight years. The bonds have a face value of $1,000 and a curre
AnnZ [28]

Answer:

5.657%

Explanation:

Data provided:

Face value = $1,000

Current market price = $640

Time of maturity, t = 8 year

Now,

the compounding formula is given as:

Face value = Current amount × (1+\frac{r}{n})^{nt}

where,

r is the rate i.e pretax rate of debt

n is the number of times the interest is compounded i.e for semiannual n = 2

thus, on substituting the values, we get

$ 1,000= $ 640 × (1+\frac{r}{2})^{2\times8}

or

1.5625 = (1+\frac{r}{2})^{16}

or

(1+\frac{r}{2}) = 1.0282

or

r = 0.05657

or

pretax cost of debt = 0.05657 × 100% = 5.657%

3 0
1 year ago
Provide an argument of why an organization should design and implement a Benefits Plan that complements its overall corporate vi
Katyanochek1 [597]

Explanation:

A corporate benefits plan is used as a relevant tool for the company to prepare for business and organize itself more strategically in the market.

For example, an employee benefit plan can offer several additional advantages that justify the company's mission and values ​​of exercising corporate governance that prioritize the well-being of its employees. By offering advantages such as a health plan, the company consequently increases the incentive to work, motivates employees and becomes an attractive strategy for attracting good professionals in the market.

8 0
2 years ago
Alta Loma Industries has three product lines, A, B, and C. The following information is available: A B C Sales $100,000 $90,000
larisa [96]

Answer:

bakit kayaa Kayo pinangak na bubu nuu

Explanation:

dahil baa SA selphone matalino na kayoo umayy

399720

8 0
1 year ago
Think about ways tanya could save on education expenses. are there scholarships or grants for which she can apply? if so, which
Amanda [17]
Since Tanya's parents are from Haiti, there may be grants or scholarships that focus on students from that culture or ethnic background. She might also be eligible for scholarships for Hispanic or bilingual students. She can also apply for scholarships only available to women and anything that might focus on her area of study. Her parents most likely do not have a savings plan started for her but, they should definitely make one because it would help them save a lot of money. Another way to save money is to apply to lesser-known colleges because it would bring down the cost of tuition.
5 0
1 year ago
Read 2 more answers
Other questions:
  • The selling price of a property is $96,000. this can be financed if the buyer can put 10 percent down and pay a loan origination
    5·1 answer
  • If walter's costs are typical in the industry, we would expect that in the long run:
    14·1 answer
  • Delvin Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
    7·1 answer
  • On April​ 1, 2017, Planet Services received​ $8,000 in advance of performing the services from a customer for three months of se
    9·1 answer
  • Grullon Co. is considering a 7-for-3 stock split. The current stock price is $75.00 per share, and the firm believes that its to
    6·1 answer
  • An investor was looking at a sixteen-unit apartment building. Four of the units rented for $600, four for $750, four for $725, a
    6·1 answer
  • Corporation produces a semiconductor chip used on communications. The direct materials are added at the start of the production
    11·1 answer
  • Several years ago, Westmont Corporation developed a comprehensive budgeting system for planning and control purposes. While depa
    8·1 answer
  • Heather Smith Cosmetics (HSC) manufactures a variety of products and is organized into three divisions (investment centers): soa
    10·1 answer
  • The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nish
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!