Business, 09.07.2020 14:01 ashley2816
Assume that today you deposit Rs. 6,000 in a savings account that pays 8.5%. a. If the bank compounds interest annually, how much will you have in the savings account after 5 years? b. What will be the balance in the savings account after 5 years if the bank used quarterly compounding rather than annual compounding? c. What will be the balance in the savings account after 5 years if the bank used monthly compounding rather than annual compounding? d. Suppose you deposited the Rs. 6,000 in six payments of Rs.1000 each in years 1 to 6. How much would you have in your account at the end of year 5, if the annual interest rate is 8.5%
Answers: 2
Business, 21.06.2019 16:20
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
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Business, 21.06.2019 20:30
In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage.answers: valuablerareinimitableun-substitutable
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Business, 21.06.2019 21:00
Which of the following is not a personality trait? sincerity word processing punctuality laziness
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Business, 22.06.2019 10:00
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
Assume that today you deposit Rs. 6,000 in a savings account that pays 8.5%. a. If the bank compound...
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