Ask question

Ask question

All categories

Veseljchak [2.6K]

2 years ago

5

3. Columbia Corporation deposited $2,000 in an account that pays 12% interest annually. If the interest is compounded continuous

ly, how much money will be in the account at the end of 20 years? a) $19,293 d) $22,704 b) $22,046 e) $22,900 c) $22,553

1 answer:

dangina [55]2 years ago

8 0

Answer:

should be the letter B. $22,046

You might be interested in

Weatherall Enterprises has no debt or preferred stock⎯it is an all-equity firm⎯and has a beta of 2.0. The chief financial office

AleksandrR [38]

Answer:

C. The accept/reject decision depends on the firm's risk-adjustment policy. If Weatherall's policy is to increase the required return on a riskier-than-average project to 3% over rS, then it should reject the project.

3 0

2 years ago

You need to write a sales message for your company’s new line of exercise apparel. Before composing your message, which question

Alja [10]

Answer: The correct answers are:

- How and where is the apparel manufactured?

- What is the purpose of my message?

- How does the apparel’s durability compare to that of competitors’ products?

Explanation: For an effective sales message it is essential to use persuasion to get the message to the minds of potential customers, so these are some of the questions that should be asked before writing a sales message.

7 0

2 years ago

Like a good economist, you calculated the opportunity cost of getting your college degree. Suppose that at your university, you

Georgia [21]

Answer:

The opportunity cost is $130,000 for the four year duration.

Explanation:

Here, it is clear that I will not go to the job, so going to university is the only option left. Now, the loss of the job income is also an opportunity cost with an amount $20,000 which will aggregated with the University specific costs.

University Specific cost for 4 Years = 4 * (Tuition Cost + Textbooks + Job Opportunity loss)

The room and board cost is common between college and the university so it must not be considered for the decision making.

By putting values, we have:

University Specific cost for 4 Years = 4 * ($10,000 + $2,500 + $20,000)

University Specific cost for 4 Years = $130,000 for the four years

The opportunity cost is $130,000 for the four year duration.

For better understanding of relevant costing (Opportunity cost analysis), consider the following question:

brainly.com/question/14423321

3 0

2 years ago

During the year, Anna rented her vacation home for 87 days, used it personally for 13 days, and left it vacant for 265 days. She

frosja888 [35]

Answer:

The mortgage interest amount will be "Zero (0)".

Explanation:

A property to pay. Unless the apartment is started renting for 15 days or more in one year as well should not be used for private purposes for even more of some

(1) 14 days as well as

(2) 10% of the total rentals days, the apartment shall be considered as rental home.

Gross income = $7000

Now,

$Total \ expenses = (2500+9000+2400+1000+7500) - personal \ deduction[(2500+9000+2400+1000+7500)\times \frac{13}{100} ]$

On putting the values, we get

⇒ $=22400 -2912$

⇒ $=19488$

And, Net rental loss will be:

$=12,488 (7000 - 19488)$

$=12488-12488$

$=0$

So that the Mortgage interest itemized will be "0" .

8 0

2 years ago

The president of State University wants to forecast student enrollment for this academic year based on the following historical

Dovator [93]

Answer:

Option (b) 19,500

Explanation:

Data provided in the question:

Year Enrollments ( $A_t$ )

5 years ago 15,000

4 years ago 16,000

3 years ago 18,000

2 years ago 20,000

Last year 21,000

α = 0.5

Forecast for two years ago = 16,000

Now,

Forecast for last year

i.e year 5

F₅ = (1 - α ) F₄ + α (A₄)

here,

= ((1 - 0.5 ) × 16,000 ) + ( 0.5 × 20,000 )

= 8,000 + 10,000

= 18,000

Thus,

Forecast for this year

F₆ = (1 - α)F₅ + α(A₅)

= ( (1 - 0.5 ) × 18, 000 ) + ( 0.5 × 21,000 )

= 9,000 + 10,500

= 19,500

Hence,

Option (b) 19,500

6 0

2 years ago