11. Problem 5.23 (Future Value for Various Compounding Periods) Find the amount to which $700 will grow under each of these conditions: a. 16% compounded annually for 3 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ b. 16% compounded semiannwally for 3 years. Do not round intermediate calculations. Round your answer to the nearest cent. 5 c. 16% compounded quarterly for 3 years. Do not round intermediate calculations. Round your answer to the nearest cent. 3 d. 16% compounded monthly for 3 years. Do not round intermediate calculations. Aound your answer to the nearest cent. 3. e. 16% compounded daly for 3 years. Aswame 365 -days in a yeat, Do not round intermediate calculations. Round your answer to the nearest cent. 3 f. Why does the obverved pattem of Fis eccur?
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This question is related to calculating the amount to which $700 will grow under different compounding periods and calculating the future value for these compounding periods.
Given that the principal amount is $700. We need to calculate the future value under different compounding periods.
a. When compounded annually for 3 years, The amount to which $700 will grow,= $1,140.48.
b. When compounded semiannually for 3 years, The amount to which $700 will grow,= $1,151.96.
c. When compounded quarterly for 3 years, The amount to which $700 will grow,= $1,159.99.
d. When compounded monthly for 3 years, The amount to which $700 will grow,= $1,164.97.
e. When compounded daily for 3 years, The amount to which $700 will grow,= $1,166.81.
The observed pattern of the "Future Value for Various Compounding Periods" is the more the compounding periods per year, the higher the future value will be.
This is because, as the number of compounding periods increases, the interest on the principal will be compounded more frequently and the amount of interest earned increases, leading to an increase in the future value.
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Related Questions
Question 6 (Personal finance help urgently
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On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
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Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250
Imagine that you have no money and you have to leave home and live by yourself. Make a list of the ten most important things that you would take with you and explain why.
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Answer:
food clothes water
Explanation:
their the basic needs of an individual
How long does it take to get a doctorate in education?
Answers
You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answers
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
Which examples demonstrate common Production work environments? Check all that apply.
Craig is a self-employed Jeweler who works in his own shop.
Rashida works in a factory making parts for machinery.
Antonio works in a quiet office filing paperwork.
Mei spends most of her time on the telephone.
Norm stands for long periods while welding in a workshop.
Carolyn performs tests on materials in a laboratory.
((answer: A, B, E))
Answers
Answer:
The answer is A,B,E
Explanation:
Jus took the test and got a 100
The examples that demonstrate common production work environment are:
Craig is a self-employed jeweler who works in his own shop. works in a factory making parts for machinery.Norm stands for long periods while welding in a workshopWhat is Production work environment?Production work environment is a workplace environment where employees conduct their work. It is where one work, including the workspace and common work areas shared with others.
The above means that production work environment is where people carry out assembling work, production work, etc.
Hence, the examples that demonstrate common production work environment are:
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what led some businesses in the early twentieth century to accept unions rather than resist them?
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Some businesses in the early 20th century chose to welcome unions rather than fight them because they believed doing so would help to effectively prevent strikes and other labour issues.
Increased money supply often results in lower interest rates, which encourages more investment and more money in consumers' hands, which in turn increases consumption. As a result, businesses increase their orders for raw materials and increase output. Through the process of collective bargaining, the union and employer can discuss proposals, share ideas, work together to address difficulties, and come to a written agreement.
Negotiate more favourable working circumstances, such as increased vacation time or improved health and safety. provide instruction for new abilities. provide support and general guidance.
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WILL GIVE BRAINLIEST.
The reason Louis Vuitton will not lower it's prices is because it does not want to harm its:
A. Return on Investment
B. Brand Image
C. Psychological Pricing
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Answer:
A. Return on Investment
identify what accounting is by selecting the correct statement. multiple choice question. accounting information is primarily used only at the end of a year when tax returns and financial statements are prepared. accounting is a system that identifies, records and communicates financial information. accounting information impacts internal users only.
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The best alternative that accurately conveys the significance of accounting is "Accounting is a system that identifies, records, and transmits financial information."
The best way to define accounting is as the process of keeping financial records in accordance with the laws. Accounting is used to evaluate the figures and facts that are relevant to the organisation and to portray its financial position. Its breadth has grown in almost every commercial company. Accountants' labour is the foundation of today's financial markets. Business executives would lack the transparency they require to manage risks or plan initiatives without accounting, and investors would be unable to rely on up-to-date, accurate financial data.
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What is the job of a libero in volleyball?
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When businesspeople need to travel for work, they depend on ___________________________ to make all of their arrangements.
bleisure specialists
corporate travel managers
group tour operators
meeting planners
Answers
If a businesspeople need to travel for work, they depend on corporate travel managers to make all of their arrangements.
Who is a corporate travel managers?A corporate travel managers can be defined as the people who develop a travel policy for companies or organization and they as well help company to carryout any plan that has to do with travelling .
This travel managers play an important role as they ensures that company employee that want to travel for official meetings or for business purpose follow the company policy or guideline and they as well ensures that the traveler went and come back safely.
Therefore the correct option is B.
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Explain the difference between cooperative (or non-preemptive) multitasking in
thread execution and non-cooperative (or preemptive) multitasking.
a) Explain why race conditions are more likely to be a problem in non-cooperative
multitasking.
b) Explain how the operating system can extend the stack on overflow when there
is operating support, and why this is not possible when threads are implemented
in a user level library.
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a) In cooperative (or non-preemptive) multitasking, thread execution is controlled by the threads themselves. A thread voluntarily yields control to another thread, allowing it to run. On the other hand, in non-cooperative (or preemptive) multitasking, the operating system controls thread execution. The operating system can interrupt a running thread and forcefully switch to another thread.
Race conditions occur when multiple threads access and manipulate shared resources concurrently. In non-cooperative multitasking, race conditions are more likely to occur because a thread can be interrupted at any point by the operating system, leading to unpredictable interleaving of thread execution. If proper synchronization mechanisms are not in place, such as locks or semaphores, multiple threads may access and modify shared resources simultaneously, leading to inconsistent or incorrect results.
b) When an operating system supports thread execution, it can extend the stack on overflow by allocating additional memory for the stack. This is possible because the operating system has direct control over the memory management and can allocate or deallocate memory as needed. In the event of a stack overflow, the operating system can detect the situation, allocate more memory, and allow the thread to continue execution.
However, when threads are implemented in a user-level library, the library does not have direct control over the memory management of the operating system. It operates within the constraints of the process it belongs to. Therefore, when a stack overflow occurs in a user-level library, it cannot extend the stack by allocating additional memory. This limitation exists because user-level libraries rely on the underlying operating system's memory allocation mechanisms, and extending the stack would require privileged operations that are typically restricted to the operating system itself.
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after extensive analysis, a mail order company has decided to embark on a policy of multiple-zone pricing. in which step of the price-setting process would the mail order firm have made this decision?
Answers
The answer is Make special adjustments to the list or quoted price, is the step of the price-setting process would the mail order firm have made this decision.
What is the most accurate way to define price?It is the amount of money provided or set as payment for the sale of a specific good. It can also refer to the quantity of something desired in exchange for another item in a sale or barter.
What does the marketing meaning of price mean?Price is the amount of money that consumers are willing to spend on a product. In addition to linking the price to the product's actual and perceived worth, marketers also need to take into account supplier costs, seasonal reductions, competitor prices, and retail markup.
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Last year, Ricardo sold a piece of unimproved real estate to Cliff for $20,000. Ricardo acquired the property 15 years ago at a cost of $10,000. Last year, Ricardo received $4,000 cash and Cliff’s note in the amount of $16,000 for the remainder of the selling price, payable in subsequent years. Ricardo reported the sale using the installment method. This year, before Cliff made any further payments, Ricardo sold the note for $15,000 in cash. What is the amount of gain or (loss) Ricardo should report on this year’s tax return?
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how can you get back to your track/shedule once you break your consistently?
Answers
Answer:
To get back into the habit of something takes a little bit. First you must start to remember to do that thing at the correct time, so I reccomend setting an alarm or timer for it. Once you remember it, make sure not to break the habit unless absolutely necessary. If you break it again and need to get back to it, repeat the above steps.
I hope this helps.
Answer:here are seven strategies that you can use to get back on track and bounce back right now…
Explanation:
1. Schedule your habits into your life.
2. Stick to your schedule, even in small ways.
3. Have someone who expects something of you.
4. Focus on what you can work with.
5. Just because it’s not optimal, doesn’t mean it’s not beneficial.
6. Design your environment for success.
7. Care.
tori is a freelance photographer and her net earnings were $80,000. calculate tori’s payroll taxes if she was a full time employee
Answers
Tori’s payroll taxes if she was a full time employee of the company will be $11304.
How to compute the tax?From the given information, the net income is $80000, tax rate is 15.3% for social security and Medicare.
Therefore, the tax paid by Tori will be:
= 15.3% × $73880
= $11304
In conclusion, the tax will be $11304
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During the year, Squid Roe Inc.'s revenues were $200,000 and its net income was $60,000. It had not preferred shares, and its stockholders' equity and total assets were $380,000 and $780,000 at the beginning of the year and $420,000 and $900,000 at year-end, respectively. ROE (rounded to the nearest tenth of a percent) equals ______. Multiple choice question. 14.3% 50.0% 6.7% 15.0% 7.1%
Answers
Based on the information given the return on equity (ROE) is 15.0%.
Using this formula
Return on equity (ROE)=Net income/ Average Stockholders' equity
Let plug in the formula
Return on equity (ROE)=$60,000/[($380,000+$420,000)/2]
Return on equity (ROE)=$60,000/($800,000/2)
Return on equity (ROE)=$60,0000/$400,000
Return on equity (ROE)=0.15×100
Return on equity (ROE)=15%
Inconclusion the return on equity (ROE) is 15.0%.
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Identify the market characteristics listed below with the appropriate market model. Pure Competition Monopolistic Competition Oligopoly Pure Monopoly c. A single firm produces a product with no close substitutes. a. A very large number of firms produce a standardized product. e. Individual firms are price takers, and firms can easily enter or exit the industry. f. There is significant nonprice competition, such as advertising, brand names, and trademarks, and entry into the industry is relatively easy b. Many firms produce differentiated products. g. There are a few firms, where each is affected by the actions of its rivals, and significant obstacles block entry of firms into the industry. d. A single firm has considerable control over price, and the entry of new firms into the industry is blocked.
Answers
The market characteristics listed below with the appropriate market model. Pure Competition Monopolistic Competition Oligopoly Pure Monopoly. these are, standardized product, Individual firms, and nonprice competition
a. A very large number of firms produce a standardized product - This characteristic is associated with Pure Competition.
b. Many firms produce differentiated products - This characteristic is associated with Monopolistic Competition.
c. A single firm produces a product with no close substitutes - This characteristic is associated with Pure Monopoly.
d. A single firm has considerable control over price, and the entry of new firms into the industry is blocked - This characteristic is associated with Pure Monopoly.
e. Individual firms are price takers, and firms can easily enter or exit the industry - This characteristic is associated with Pure Competition.
f. There is significant nonprice competition, such as advertising, brand names, and trademarks, and entry into the industry is relatively easy - This characteristic is associated with Monopolistic Competition
g. There are a few firms, where each is affected by the actions of its rivals, and significant obstacles block entry of firms into the industry - This characteristic is associated with Oligopoly.
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Cinnamon Toast Crunch cereal and Trix cereal are considered substitute goods. Because of this, one would predict that, holding all else constant, if the price of Cinnamon Toast Crunch cereal increases, we would see
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As Crunch cereal and Trix cereal are substitute goods, then, if the price of Crunch cereal increases, then, we would see that the demand curve for Trix cereals will shift to the left
What causes demand curve to shifts to left?In economics, when the demand curve shifts to the left it means that determinant causes demand to drop and less of the good or service is demanded.
In conclusion, if the price of Crunch cereal increases, then, we would see that the demand curve for Trix cereals will shift to the left
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In an examination evaluation expert system, the _____ component of the expert system is responsible for stating why a loan applicant was approved or rejected.
Answers
Answer:
The missing phrase is Explanation Facility.
Complete Sentence:
In an examination evaluation expert system, the Explanation Facility component of the expert system is responsible for stating why a loan application was approved or rejected.
Explanation:
An expert system is a computer system program that can do the job of a human expert whose role is to give professional opinions, judgments, or advice regarding an issue. These systems are associated with Artificial Intelligence.
In other to create this kind of system (which has the capacity to solve complex problems) AI programmers use a collection of knowledge stored or codified in if-then formats or rules
In expert systems, an explanation facility is a function that allows non-artificial users to query the veracity of the system's reasoning. Usually, the system would make reference to its frame of logical construct, its rules, and or goals.
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Mason compared the properties of two compounds. Magnesium oxide is an ionic compound, and hydrogen peroxide is not an ionic compound. Therefore, both compounds most likely
have molecular structures.
can be highly reactive.
have low boiling points.
can dissolve in water.
Answers
Answer:
Can be highly reactive
Answer:
B.
Explanation:
Write down two or three ways you compare yourself to others.
Answers
HELPPPP!!!! WILLL GIVE BRAINLEST!!!
It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answers
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
If the Federal Reserve raises interest rates, what is the likely effect on tax receipts, interest expenses, and the budget deficit
Answers
Answer:
When interest rates increase, it affects the ways that consumers and businesses can access credit and plan their finances.
Why do you think a higher percentage of those over 35 years old invest in the market compared to those under 35? Help please!
Answers
Answer:
Yes I think those over 35 invest in a market compared to people not 35, because they been though school, and have more experience in the market company.
Explanation:
plz click the photo and help me multi choicee
Answers
Answer:
The first one is "More will be supplied at higher prices"
The second one is shortages
The third one is upward
Explanation:
Sorry this took long....
Answer:
1. First Option
2. Second Option
3. First Option
Explanation:
1. The answer is the first option or "more will be supplied at a higher prices." Increasing the price for goods or services will decrease the amount of people that will buy them because not everyone has the money to buy goods from different businesses therefore the supply of these goods will increase. Now if you decrease the price allowing more people to buy your goods then you will have a shorter supply of stock.
2. The answer is option two or "shortages." Imposing price ceilings prevents a products price from rising to a certain level and doing so means that not many business owners can raise the price of their products when the demand for these products goes extremely high, which then causes a shortage a lack of supply of a product.
3. Supply curves is a graph that shows the supply, costs, or service and as a product comes out and experiences hype the business owners expect the supply to be low, but as time goes by and the hype settles the supply for this product would steady increase therefore the graph will always go "upward" or option one.
Hope this helps.
Unions Group of answer choices and firms paying wages above equilibrium to improve worker effort both create structural unemployment. creates frictional unemployment, while firms paying wages above equilibrium to improve worker effort creates structural unemployment. and firms paying wages above equilibrium to improve worker effort both create frictional unemployment. creates structural unemployment, while firms paying wages above equilibrium to improve worker effort creates frictional unemployment.
Answers
Answer:
And firms paying wages above equilibrium to improve worker effort both create structural unemployment
Explanation:
In the case when union and firm would pay the wages that are over & above equilibrium in order to improve the effort of the workers so this would happen to develop the structural unemployment as it deals with the change in the technology
So first option is correct
But the other options would be considered incorrect
Which of the following forms of financing tends to be the least flexible?
a.Mezanine Debt
b.Bank Debt
c.Equity Contribution
d.High Yield Bonds
Answers
Mezzanine debt tends to be the least flexible form of financing compared to bank debt, equity contribution, and high yield bonds.
Among the options provided, mezzanine debt is typically considered the least flexible form of financing. Mezzanine debt is a hybrid instrument that sits between traditional bank debt and equity. It usually carries a higher interest rate than bank debt and grants lenders additional rights and control over the borrower's assets. Mezzanine debt often includes restrictive covenants and terms that limit the borrower's flexibility in managing their business and financial affairs. These restrictions can restrict the borrower's ability to make certain financial decisions, such as acquisitions, divestitures, or changes in capital structure.
In contrast, bank debt, although subject to certain covenants and terms, is generally more flexible and offers a wider range of options for the borrower. Equity contributions involve raising funds through the sale of ownership shares in the company, providing flexibility in the use of funds and decision-making. High yield bonds, while typically carrying higher interest rates, do not impose the same level of control and restrictions as mezzanine debt.
Overall, mezzanine debt stands out as the least flexible option due to its higher interest rates, stricter terms, and increased control exercised by lenders.
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In
, people invest money in a company in exchange for the company’s
.
Answers
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
Which is the highest need of a human as perceived by Maslow’s hierarchy of needs?
A. belongingness
B. self-actualization
C. safety
D. basic needs
Answers
According to Maslow's hierarchy of needs, the highest need of a human is self-actualization.
Self-actualization is the need to reach one's full potential and to become the best version of oneself. It is the need to be creative, to understand oneself, and to understand the world around us. It is the need for self-fulfillment and self-expression.
Self-actualization is the highest level of Maslow's hierarchy of needs because it is only when all the lower-level needs, such as basic needs, safety, belongingness, and esteem, have been met that an individual can truly focus on self-actualization. Without these lower-level needs being met, an individual will not have the resources or emotional stability to focus on self-actualization.
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