If interest is compounded at 20% per year, how long will it take for $50,000 to accumulate to$86,400? Here, we should use formula for total due after n years. n = ?
Answers
It will take approximately 3.28 years for $50,000 to accumulate to $86,400 with a 20% annual compound interest rate.
To find the time it takes for $50,000 to accumulate to $86,400 with an interest rate of 20% compounded annually, we can use the formula for compound interest:
A = P * (1 + r)ⁿ
Where:
A = Accumulated amount
P = Principal amount (starting amount)
r = Interest rate
n = Number of compounding periods
In this case, we know:
P = $50,000
A = $86,400
r = 20% = 0.20
Substituting these values into the formula, we can solve for n:
$86,400 = $50,000 * (1 + 0.20)ⁿ
Dividing both sides by $50,000:
1.728 = (1.20)ⁿ
To find the value of n, we can take the logarithm of both sides:
log(1.728) = log(1.20)ⁿ
Using the logarithmic property, we can bring the exponent down:
log(1.728) = n * log(1.20)
Now we can solve for n by dividing both sides by log(1.20):
n = log(1.728) / log(1.20)
Using a calculator, we can find that:
n ≈ 3.28
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Related Questions
a series of equal, annual cash flows that are received at the end of each period is a(n): multiple choice regular annuity. annuity due. ordinary annuity due. ordinary annuity.
Answers
Option (d), A series of equal, annual cash flows known as an ordinary annuity are received at the conclusion of each period.
Can an ordinary annuity be defined as a sequence of equal payments made or received at the end of equal intervals?A typical annuity consists of regular payments made at the end of each period, such as monthly or quarterly installments. In contrast, payments for an annuity due are made at the beginning of each period. A due annuity would be something like monthly rent, whereas a regular annuity would be continuous quarterly stock dividends.
How long does the average annuity last?Basic Ordinary Annuity
The frequency of payments and compounding is the same, and payments are made at the end of the payment periods.The first payment is made one interval after the annuity begins.On the same day that the annuity expires, the final payment is made.Learn more about ordinary annuity: https://brainly.com/question/14963095
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Mark bought a house 200 m from an apparently abandoned railway that passes through the salt flats of Salar de Uyuni in Bolivia. One evening a small locomotive (with no carriages) passed along the track at approximately 10 kilometres per hour. At Mark’s house the decibel level resulting from the passing locomotive reached a maximum of 60 dB. A short time later the locomotive passed Mark’s neighbours house which is one kilometre down the track. If John’s house is 400 m from the railway – i.e. twice as far away as Mark’s house – calculate the sound level in decibels as the locomotive passed by it.
Answers
The sound level at John's house would be 54 dB (60 dB - 6 dB) as the locomotive passes by. The sound level in decibels as the locomotive passed by John's house, which is twice as far away from the railway as Mark's house, can be calculated.
The sound level in decibels decreases with increasing distance from the sound source. According to the inverse square law, the sound intensity decreases inversely with the square of the distance. In this case, John's house is twice as far away from the railway as Mark's house.
Since the sound level is measured on a logarithmic scale, a doubling of the distance results in a 6 dB decrease in sound level. Therefore, if the maximum decibel level at Mark's house was 60 dB when the locomotive passed, at John's house, which is twice the distance from the railway, the sound level would be 6 dB lower.
This calculation assumes that there are no other factors significantly affecting the sound propagation, such as obstacles or terrain variations, which could influence the sound level.
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To stimulate the economy, the Federal Reserve decides that the amount of money in circulation
needs to increase.
Which of the following actions will they be MOST LIKELY to take?
Answers
Answer:
Lower the reserve requirement ratio
Explanation:
Stimulating the economy requires expansionary monetary policies. These are the actions that increase the money supply in the economy. When there is an increase in the money supply, people and businesses have more money to spend. An increase in spending means a higher demand for goods and services, which motivates increased production.
Reserves requirement is the proposition of customer deposits that commercial banks retain in their custody at all times. A reduction in the reserve requirement ratio implies that banks can loan out a larger proportion of customer deposits. The amount of money available for banks to issue out as loan increases. An increase in lending adds to the money supply in the economy, which, in turn, stimulates economic activities.
Answer:
Stimulating the economy requires expansionary monetary policies. These are the actions that increase the money supply in the economy. When there is an increase in the money supply, people and businesses have more money to spend. An increase in spending means a higher demand for goods and services, which motivates increased production.
Reserves requirement is the proposition of customer deposits that commercial banks retain in their custody at all times. A reduction in the reserve requirement ratio implies that banks can loan out a larger proportion of customer deposits. The amount of money available for banks to issue out as loan increases. An increase in lending adds to the money supply in the economy, which, in turn, stimulates economic activities.
Explanation:
help!!
list 5 importance of freedom
Answers
Answer:
people can do what they want (with limitations)
people can say what they want (with limitations)
people can believe in what they want
and thats all ive got. good luck on the last two tho
compare and contrast reference theory of meaning and idea theory of meaning
Answers
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
The Whalers are interested in trading their star left tackle. He is a veteran and makes $1.6 million per year. They are considering signing a player from another team who makes $1 million per year. How much money would they save by trading their current left tackle and signing the player from the other team for three years?
Answers
Answer:
$1,800,000
Explanation:
The veteran player makes $1.6 million per year.
The new prayer will be paid $1 million per year.
the Savings per year will be
= $1, 600,000 - 1,000,000
= $ 600,000
The savings in three years will be
=$600,000 x 3
=$1,800,000
marcus is applying for a new job. they have asked for copies of his transcripts, a list of personal references, and letters of recommendations from his past employers. he also has to complete a face-to-face interview. which of these is the best indicator of his potential performance at this new job? please choose the correct answer from the following choices, and then select the submit answer button. answer choices the recommendations from his past employers his list of personal references the interview his transcripts
Answers
Marcus is putting in a job application. Face-to-face interview is the best indicator of his potential performance at this new job.
Face-to-face interviews are structured interviews carried out by professional interviewers who utilise a standard interview methodology and a standard set of replies to capture the responses of participants.
With the use of this technique, factual data, consumer opinions, attitudes, preferences, and other information that emerges from the respondent's dialogue may be collected. Face-to-face interviewing enhances the accuracy of the data collected and boosts response rates.
Employee development uses the concept of potential vs. performance to distinguish between the sometimes conflated ideas of performance and potential. Performance describes the regular outcomes that individual displays in their present position, but potential forecasts the chance of future success.
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why do people have to be so mean to other people ?
Answers
Answer:
is because they don't have what people have and and it makes them jealous
2. Making choices is necessary in all economic systems because:
A. there are so many products that we cannot use them all at once
B. the government has so much money that it does not know what to do with it
C. there are so many resources compared to people’s needs that we have to choose which ones not to use
D. there are so many wants compared to scarce resources that we have to decide what to produce
Answers
Explanation:
it is d because we don't have enough resources to sustain forever so we have to figure out how to make them last.
Below you will find the closing stock prices for eBay over a three-week period. Calculate the simple three-day and five-day moving averages for the stock. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)Date Close4/23/2012 $ 37.834/24/2012 37.654/25/2012 37.254/26/2012 37.514/27/2012 36.774/30/2012 36.945/1/2012 37.015/2/2012 37.055/3/2012 37.745/4/2012 37.845/7/2012 37.775/8/2012 37.935/9/2012 38.265/10/2012 38.415/11/2012 38.243-day 5-day4/23/2012 4/24/2012 4/25/2012 $ 4/26/2012 4/27/2012 $4/30/2012 5/1/2012 5/2/2012 5/3/2012 5/4/2012 5/7/2012 5/8/2012 5/9/2012 5/10/2012 5/11/2012
Answers
To calculate the simple three-day and five-day moving averages for eBay's stock prices, we add up the closing prices for the number of days in the moving average and divide by the number of days.
The simple three-day moving averages are:
April 25th: ($37.83 + $37.65 + $37.25) / 3 = $37.58
April 26th: ($37.65 + $37.25 + $37.51) / 3 = $37.47
April 27th: ($37.25 + $37.51 + $36.77) / 3 = $37.18
April 30th: ($37.51 + $36.77 + $36.94) / 3 = $37.07
May 1st: ($36.77 + $36.94 + $37.01) / 3 = $36.91
May 2nd: ($36.94 + $37.01 + $37.05) / 3 = $37.00
May 3rd: ($37.01 + $37.05 + $37.74) / 3 = $37.27
May 4th: ($37.05 + $37.74 + $37.84) / 3 = $37.54
May 7th: ($37.74 + $37.84 + $37.77) / 3 = $37.78
May 8th: ($37.84 + $37.77 + $37.93) / 3 = $37.85
May 9th: ($37.77 + $37.93 + $38.26) / 3 = $37.98
May 10th: ($37.93 + $38.26 + $38.41) / 3 = $38.20
May 11th: ($38.26 + $38.41 + $38.24) / 3 = $38.30
The simple five-day moving averages are:April 27th: ($37.83 + $37.65 + $37.25 + $37.51 + $36.77) / 5 = $37.20
April 30th: ($37.65 + $37.25 + $37.51 + $36.77 + $36.94) / 5 = $37.14
May 1st: ($37.25 + $37.51 + $36.77 + $36.94 + $37.01) / 5 = $37.10
May 2nd: ($37.51 + $36.77 + $36.94 + $37.01 + $37.05) / 5 = $37.06
May 3rd: ($36.77 + $36.94 + $37.01 + $37.05 + $37.74) / 5 = $37.10
May 4th: ($36.94 + $37.01 + $37.05 + $37.74 + $37.84) / 5 = $37.32
May 7th: ($37.01 + $37.05 + $37.74 + $37.84 + $37.77) / 5 = $37.48
May 8th: ($37.05 + $37.74 + $37.84 + $37.77 + $37.93) / 5 = $37.87
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Unlike balance of trade, the balance of payments includes A. Imports B. Exports C. Foreign Investments D. Foreign Exchange Reserves
Answers
Balance of payments (BOP) only includes observable imports and exports, or imports and exports of goods. However, BOP includes Foreign Exchange Reserves (FER).
What is the difference between the balance of payment and the balance of trade?The balance of trade is the difference or distinction between exports and imports. An unfavorable balance of trade is occasionally used to describe situations where imports outpace exports.
The balance of payments summarizes an economy's international economic dealings.
These transactions consist of transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).
Therefore, as a result, option (D): "Foreign Exchange Reserves," is the correct answer.
In reality, statistical errors occur because it is challenging to precisely count every transaction that takes place between an economy or country and the rest of the world, including errors brought on by currency conversions.
Since currencies are freely traded, a nation with a trade deficit might intentionally weaken its currency by accumulating foreign reserves, for instance, to increase exports and make its goods more appealing.
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Which term describes the value of what you give up when you choose
between two options?
A. Equity
B. Value cost
C. Down payment
D. Opportunity cost
Answers
Answer:
D.
Explanation:
Your answer is D cause “Opportunity cost is the value of the next-best alternative when a decision is made" so it is what was given up therefor The term that describes the value of what you give up when you choose between two options is D. Opportunity cost. Hope it helps you!
-Hope you have a great day ahead
Using the accounting equation (A = L + OE) calculate the amount of equity the company has if your assets are worth $10,000 total, while your debt is $5,000.
Answers
Answer:
$5,000
Explanation:
The Equation (A = L + OE) is the accounting equation that guides in preparing a balance sheet. The equation in full is
Assets = Liabilities + Owners Equity.
In this case
Assets = $10,000 , liabilities = $5,000, equity = ?
$10,000 = $5000 + Equity
Equity = $10,000 - $5,000
Equity = $5,000
The managers at Alpha Corp. are closely observing trends in the industry. They are trying to identify factors that might have a significant influence on Alpha's business operations. Which of the following concepts is illustrated in the scenario?
Answers
Answer:
Environmental scanning
Explanation:
Environmental scanning is when information is being gathered about external forces inorder to know the factors that have impacts on a business. It is also the gathering of information on situations which allows a business create and build good customer relationship.
Business environments are dynamic and could have impacts on the success of a firm hence requires business scanning inorder to align with the trend. One the purpose of environmental scanning is to provide future business directions to an organization and also assist in analyzing the strength, weakness, opportunities and threats to an organization.
Factors that might have significant influence on business operation includes but not limited to social and demographic factors, how competitors are reacting, technology, how well customers are reacting to the company's products, creditors, legal issues etc.
Items that regularly appear on the financial statements of Maple Park Theatres Corp. The amounts shown for balance sheet items are balances as of September 30,2016
Answers
Answer:
Financial Statements are the reports of a company which provide detailed information about company financial position. The Income statement reports the company revenues and expense for the period whereas Balance sheet reports the company assets and liabilities position.
Explanation:
The Maple Park Theaters Corp. has reported the net of $133,562 in its income statement. The company has planned for reinvesting the 80% of net income into the extension of park. The reinvestment decision is taken by the company management for the purpose of increase revenue. The decision seems to be correct as extension of park and its services will attract more people to the park and ultimately revenue will increase and so profit too.
In the early 1970s, which commodity did many Americans have to wait in long lines to purchase?
a) Automobiles.
b) Gasoline.
c) Water.
d) Tires.
e) Oil.
Answers
The correct option is B. Overall, the gas shortage of the early 1970s was a reminder of the importance of secure and sustainable energy sources.
In the early 1970s, many Americans had to wait in long lines to purchase gasoline. This was due to the oil embargo imposed by the Organization of the Petroleum Exporting Countries (OPEC) in response to the United States' support of Israel during the Yom Kippur War. The embargo caused a shortage of oil in the US, leading to rationing and long lines at gas stations. This highlighted the US's dependence on foreign oil and prompted a push for energy independence. The crisis also had far-reaching economic impacts, as the high cost of oil affected the price of other goods and services. Overall, the gas shortage of the early 1970s was a reminder of the importance of secure and sustainable energy sources.
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In the context of budget deficits, what is crowding out?.
Answers
While in 1970 less than 10 percent of home mortgage loans were securitized, by 2018 nearly ______ percent were securitized.
Answers
While in 1970 less than 10 percent of home mortgage loans were securitized, by 2018 nearly 70 percent were securitized. Thus, 70 is the appropriate answer for the blank.
A mortgage loan is a loan that real estate buyers or existing property owners can use to raise money to pay for any purpose while placing a lien on the real estate being purchased. Through the mortgage mechanism, the borrower's property serves as the loan's "secured" party.
In the event that the borrower defaults on the loan or else violates its conditions, this implies that a legal medium is put in place that enables the lender to take power of and vend the secured property( a process known as" foreclosure" or" reclamation") to pay off the loan.
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How does the supreme court force government officials to do what it has mandated in a decision?
Answers
The Supreme Court enforces its decisions through the long answer process of judicial review.What is judicial review?Judicial review is the long answer process by which courts may scrutinize and invalidate executive and legislative actions that are in breach of constitutional provisions.
This doctrine is used by courts to determine whether the powers of the other two branches are constitutional.How does the Supreme Court force government officials to do what it has mandated in a decision?The Supreme Court's authority comes from its long answer ability to enforce its decisions. The Court can enforce its decisions by initiating a writ of mandamus. A writ of mandamus is a legal order issued by a court that compels an authority to execute its duties according to the law.
If an authority fails to comply with the Supreme Court's ruling, legal action may be taken against them. This legal action could include contempt charges, which may result in a fine or imprisonment, or an order of specific performance, which compels the authority to execute its legal duties.Furthermore, the Supreme Court's long answer ability to enforce its decisions depends on the cooperation of the other two branches of government. The executive and legislative branches must accept the court's decisions and act accordingly.
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2. If changes happen during September or October, which expenses will you be able to change most easily? Give an example of how you could make a change. (5 points)
Answers
The correct answer to this open question is the following.
Although the question does not provide any context, references, or give options, we can say that if changes happen during September or October, the expenses you will be able to change most easily are according with the provisions projected in the annual plan, the budget, compared with the monthly expenses.
That is why a company has to elaborate on a good financial plan and overseeing the projections and true sales of the marketing and sales plan. This is important to take the proper control of expenses and revenues. Depending on the volume of sales during September and October, you can decide what kind of changes or adjustments to make in the following months.
Answer:
I would be able to change the variable expenses most easily. Such as food, clothing, and discretionary spending.
I could make the change by
Budgeting in October:
food from spending -$70 back to -$60
cut clothes off since I bought some already from -$40 to $0
budget my discretionary spending from -$60 back to -$40
This would increase my savings to $230
Can someone please help me!
Answers
Answer:
The awnser is the Nature of Business
Answer:
nature of business that's
Can anyone please help me A.S.A.P!!p
Answers
Answer:
I thinks it's c
Explanation:
Well Kelly is a costumer and a consumer is basically that and shes buying from a seller
helloooooooooooooooooooooooooooooooooooo
Answers
Answer:
hi
Explanation:
Answer:
Heyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
Explanation:
JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answers
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
According to the unit, what percentage of shoppers used a coupon in 2012?
A. 78%
B. 85%
C. 93%
D. 100%
Answers
today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
78%
Explanation:
I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P
Can anyone help me with these two questions from my assignment?
1. How will an increase in GDP be sustainable? List two reasons.
2.Give two reasons why economic growth may diminish the quality of life of a nation’s people.
Answers
Answer:
1. Growth encourages investment, which supports sustainability. Economic growth boosts consumer demand, spending, and confidence, all essential components of a favourable investment environment—which the energy transition will require.
which of the following asset acquisitions qualify for bonus depreciation? (select all that apply.) multiple select question. new or used tangible personal property acquired after september 27, 2017 new depreciable real property acquired prior to september 28, 2017 new tangible personal property acquired prior to september 28, 2017 computer software
Answers
Bonus depreciation is a tax deduction that enables business owners to instantly depreciate a percentage of the purchase price of qualifying assets in the year they are purchased.
Bonus depreciation is provided for by the Tax Cuts and Jobs Act (TCJA) and applies to qualified assets acquired and placed in service after September 27, 2017. The following asset acquisitions qualify for bonus depreciation:
New or used tangible personal property acquired after September 27, 2017
New tangible personal property acquired prior to September 28, 2017
Computer software is also eligible for bonus depreciation.
A new depreciable real property acquired before September 28, 2017 does not qualify for bonus depreciation
Summary:
Qualified assets acquired and placed in service after September 27, 2017 are eligible for bonus depreciation. New or used tangible personal property acquired after September 27, 2017, new tangible personal property acquired prior to September 28, 2017, and computer software qualify for bonus depreciation.
However, new depreciable real property acquired before September 28, 2017 does not qualify for bonus depreciation.
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Question 6 of 25
For which of the following housing situations is there a tenant and a landlord?
O A. Buying a home
B. Staying at a hotel
O
C. Renting a house
O
D. Selling a condominium
Could someone answer this pls?
Answers
Answer:
C
Explanation:
This is because, in renting a house, the owner becomes your landlord and you become the tenant
What are the F. W. Taylor's
\( \large \sf \blue {\underline{Principles}} \: \: of \:\bf \: \underline\red{Management}\)
Answers
Answer:
In his own words, these are: “Develop a science for each element of…work”; “Scientifically select and then train, teach, and develop the [worker]”; “Cooperate with the [worker] so as to [ensure] all of the work [is] being done in accordance with the principles of the science which has been developed”; and.
\(\huge\pmb{\red{A}\pink{N}\orange{S}\blue{W}{E}\purple{R}\purple{→}}\)
Frederick Winslow Taylor is known as the Father of Scientific Management, which also came to be known as “Taylorism.”Taylor believed that it was the role and responsibility of manufacturing plant managers to determine the best way for the worker to do a job, and to provide the proper tools and training.Explanation:
Hope it helps you!!A major reason for creating the European Monetary System was toA) create a single currency.B) unify banking laws and permit cross-border investment.C) avoid competitive devaluations.D) reduce the costs of changing currencies.E) eliminate the need for central banks.
Answers
A major reason for creating the European Monetary System was to C) avoid competitive devaluations.
The European Monetary System (EMS) was established in 1979 with the goal of creating greater monetary stability in Europe by coordinating the exchange rate policies of member countries and reducing currency fluctuations. One of the primary reasons for creating the EMS was to avoid competitive devaluations, which occurred frequently in the years following World War II as countries attempted to boost their exports by devaluing their currencies relative to others. Competitive devaluations could lead to a "race to the bottom" where countries continually devalue their currencies, ultimately leading to inflation and economic instability.
Through the EMS, member countries agreed to maintain stable exchange rates with each other by setting up a system of fixed exchange rates and intervening in the foreign exchange market to maintain those rates. The EMS also established the European Currency Unit (ECU), which was a basket of currencies that served as a common unit of account and helped to reduce exchange rate volatility.
The EMS was eventually replaced by the European Monetary Union (EMU) in 1999, which introduced the euro as a single currency for participating countries. However, the goal of avoiding competitive devaluations and promoting monetary stability in Europe remained a key objective of the EMU.
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