There have previously been three main asset classes, however today's financial experts widely concur that there are four major asset classes:
Equities (stocks)
debt and fixed income (bonds)
Cash equivalents and money markets.
Real estate and material possessions.
Which financial asset classes are the safest?Financial assets, sometimes referred to as financial instruments or securities, are an example of intangible assets. They are widely used as a means of financing the purchase of moveable assets like machinery and real estate. Some of the safe asset categories that have traditionally been utilized often include real estate, cash, Treasury bills, money market funds, and mutual funds that invest in U.S. Treasury securities. Risk-free investments, such as national debt instruments issued by industrialized country governments, are considered the safest investments.
For such more question on assets.
https://brainly.com/question/27972503
#SPJ4
Does command economy have government regulations?
In a command economy, the central government dictates the position of product of goods and controls their distribution and prices.
Proponents of a command economy argue government control rather than the private enterprise can ensure the fair distribution of goods and services. The central point of pure command frugality is government control. Rather than letting request forces mandate the production of goods and services, the government determines profitable precedences and controls products and pricing.
Command economy is one in which a centralized government controls the means of production. This has both advantages and disadvantages when compared to a free-request frugality, which is a frugality where force and demand mandate affairs and prices.
To learn more about command economy, visit here
https://brainly.com/question/13719381
#SPJ4
You expect the following future cash flows: $11,000 at the end of year 1, $12,100 at the end of year 2, nothing at the end of year 3 and $14,641 at the end of year 4. What is the present value of this series of payments at 7% interest
The sum of the present values of the payments is 31,319. It makes a comparison between the purchasing power of one dollar now and one dollar in the future.
What does the value of the present mean?The value of some amount of money in the future at the present time is known as the present value. For instance, if you are promised $110 in a single year, the present value is the $110's current value.
How is the present value determined?Future Value (FV) = Present Value (PV) / (1 + r) n
Rate of Return, or r.
n is the number of times.
i = 8%
The present value of a payment in year one is [11,000 / (1 + 0.08)^1] equal to 10,185.18
The present value of a payment in year two is [12,100 / (1 + 0.08)^2] equal to 10,373.80
The present value of a payment in year four is [14,641 / (1 + 0.08)^4] equal to 10,761.57
The sum of the present values of the payments is 31,319.
To learn more about present values here:
https://brainly.com/question/17322936
#SPJ4
The IRS permits employees to rollover up to ________ annually in their FSA at the employer's discretion.
So that higher-paid employees who can afford to defer a significant portion of their pay can't unfairly benefit from these tax advantages—at the expense of the U.S. Treasury—both regular and Roth contributions are capped.
What is the oldest one can retire?In India, people can retire at any age between 58 and 65. While the minimum age for private sector employees is 58, many government departments have a maximum age of 65.
What three factors are most important while planning for retirement?Establishing retirement income objectives and the resources required to meet them is a part of retirement planning. Identification of income sources, estimation of expenses, implementation of a savings plan, and management of assets and risk are all components of retirement planning.
To know more about tax visit:-
https://brainly.com/question/16423331
#SPJ4
Any profits generated by a not-for-profit organization must be turned over to the government. Group of answer choices True False
The given statement is false.
An organization classified as a not-for-profit (NFPO) does not generate profits for its owners. Any revenue generated by engaging in business ventures or receiving donations is immediately reinvested in the operation of the organization.
Non-profit groups concentrate on more extensive and coordinated social, political, environmental, or economic activities. The establishment of the groups may also be done to advance religious, cultural, or educational goals.
Both American Red Cross and UNICEF are two examples of these groups. The goal of nonprofit organizations is to raise as much money as possible for the causes that support them. Since not-for-profit organizations do not operate with the intention of making money, all gains must be reinvested in the business.
Learn more about Not for profit organizations here:
https://brainly.com/question/13538740
#SPJ4
Many companies find that a trend called empowerment, which gives employees more responsibility and accountability, improves employee motivation and increases customer satisfaction (T/F)
Yes, this statement is true. Empowerment is a trend in which employees are given more responsibility and accountability for their work. This can have several positive effects on the organization. For one thing, it can increase employee motivation.
When employees are given more responsibility, they often feel more valued and are more likely to work hard. Additionally, customers often benefit from better customer service because employees with higher authority are better able to provide personalized service. Empowered employees are often more creative in finding solutions to customer problems, which can also help improve customer satisfaction. All of these effects can lead to a more successful and productive organization.
To know more about empowerment click here
https://brainly.com/question/10699815
#SPJ4
Understanding the structure of commercial banks and the services/products that they provide is essential for the successful leadership of any commercial enterprise. While fundamental knowledge of the industry as a whole is important, it is equally crucial to assess the risk profile of counter-parties to ensure that appropriate steps have been taken to mitigate this risk as much as possible.
To understand the risk associated with corporate banking activities more, prepare a written response to the following questions:
What is meant by off-balance sheet activity?
What specific types of off-balance-sheet items would you expect for commercial banks?
How does an off-balance-sheet item move onto the balance sheet?
How do you assess the risk of off-balance-sheet items?
Receiving deposits and disbursing loans are two of a commercial bank's main duties. Deposits might be time, current, or savings deposits.
What is commercial bank and its functions?A commercial bank is a type of financial organisation that manages all operations relating to public money deposits and withdrawals, lending money for investments, and other similar activities. These institutions are for-profit banks that operate solely for financial gain. Commercial banks include ICICI, State Bank of India, Axis, and HDFC. In addition to loans, credit cards, lines of credit, and other services, retail banking also offers checking and savings accounts to customers.
Business customers typically receive financing, underwriting, letters of credit, lines of credit, checking and savings accounts, and other services from commercial banks. Financial institutions that handle checking accounts, offer deposit acceptance, and make loans are referred to as commercial banks. Additionally, they give both people and small businesses access to fundamental financial products like savings accounts and certificates of deposit (CDs).
To learn more about commercial banks refer to :
https://brainly.com/question/1263347
#SPJ4
Is health insurance the most important benefit?
Possibly the most significant sort of insurance is health insurance. According to a 2016 survey by the Kaiser Family Foundation and the New York Times, one in five persons with medical debt filed for bankruptcy.
Health insurance shields you from dangers to your health and finances. Nobody anticipates getting sick or harmed, but the majority of individuals eventually need medical attention. These expenses are covered by health insurance, along with many other significant advantages.
You are protected against unforeseen, excessive medical expenses with health insurance. Going without health insurance and paying for medical costs as they arise can be less expensive if you are young, healthy, and just starting out on your own.
To learn more about health insurance
https://brainly.com/question/28590419
#SPJ4
information that is not generally reported for each class of stock on the balance sheet is... a. shares authorized b. the market value c. the par value d. shares issued
Answer:
The correct answer is c. the par value. The par value of a stock refers to the value assigned to a particular share of stock when it is issued. This value is typically very low, and it is used primarily for legal purposes, such as calculating the minimum amount that must be paid to shareholders in the event of a company liquidation. The par value of a stock is not generally reported on the balance sheet. Instead, the balance sheet will typically report the number of shares authorized, issued, and outstanding for each class of stock. The market value of a stock, which is the current price at which the stock is trading in the market, is also not generally reported on the balance sheet.
Explanation:
Compute the "Per capita GDP", which can be obtained by dividing the GDP for each state by that state's population. This number helps economists compare the economic activity between regions that have different population sizes. (Round your answers to nearest dollar. )
GDP per capita rises if population growth is slower than economic growth, while it falls the other way around.
What do you meant by Per capita GDP?GDP per capita is calculated by dividing the total gross value contributed by all producers who are residents of the economy by the mid-year population, plus any product taxes (less subsidies) that are not taken into account when valuing output.
The purchasing power parity (PPP) GDP per capita (current international dollars) is calculated by dividing the GDP by the midyear population. The GDP is the total value of goods and services produced by resident producers in an economy for final consumption, regardless of how much of that value is allocated to domestic and foreign claims.
gross private investment plus government spending plus investment plus government spending plus private consumption (exports – imports). "Per capita" is short for "per head." Gdp per capita = Gdp amount divided by population.
To learn more about Per capita GDP refer to:
https://brainly.com/question/18414212
#SPJ4
A person has $50,000 in taxable income for a year and pays a 10 percent income tax rate, equal to $5,000. Which action would reduce the amount the person paid in taxes to $1,000?
A.
Receiving a $4,000 tax deduction
B.
Receiving a $4,000 tax credit
C.
Receiving a $49,000 tax deduction
D.
Receiving a $49,000 tax credit
Taxable income is the term used to describe the basis of an income tax system and the correct option in the given situation is (B) receiving a $4,000 tax credit.
What is taxable income?The base of an income tax system is referred to as taxable income.
In other words, the amount of revenue that was subject to taxation.
In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions.
Depending on the nation or system, different amounts are included as income, costs, and other deductions.
Many systems stipulate that some expenses cannot be deducted when calculating taxable income and that certain types of income are not taxable (often referred to as non-assessable income).
So, in the given situation where:
$50,000 is the taxable income
10% is the income tax rate which is $5000.
The amount paid in taxes would be $1000.
Then, the action required would be: Receiving a $4,000 tax credit
Therefore, taxable income is the term used to describe the basis of an income tax system and the correct option in the given situation is (B) receiving a $4,000 tax credit.
Know more about taxable income here:
https://brainly.com/question/1160723
#SPJ1
Paloma is a 16-year-old who babysits for a local family on an occasional basis. During a calendar year, she earned $1,250 in babysitting wages. What is true about Paloma's wages
She received $1,250 from babysitting jobs in a year. The FLSA does not apply to Paloma since she does not make enough money to qualify as a domestic employee.
The Fair Labor Standards Act (FLSA), a piece of civil legislation, establishes minimum wages, eligibility for overtime pay, record-keeping requirements, and child labor laws that are applicable to full- and part-time employees of the private sector as well as of the federal, state, and foreign governments.
The Human Resource Office of each organization uses standards established by the US Department of Labor to calculate the Work Period Designation (WPD) for each employee.
FLSA guidelines provide that in order to qualify for overtime pay, employees must receive overtime compensation and be considered to be on the clock. Workers are either classed as pure or nonexempt under the FLSA.
Only companies engaged in interstate commerce or with monthly sales of $500,000 or more are liable to the FLSA. Since Paloma's annual salary is less than $500,000 ($1,250), she is exempt from the FLSA's requirements.
To know more about FSLA:
https://brainly.com/question/18916733
#SPJ4
All of the following would require use of the equity method for investments except:
Multiple Choice
a. Material intra-entity transactions.
b. Investor participation in the policy-making process of the investee.
c. Valuation at fair value.
d. Technological dependency.
e. Interchange of managerial personnel.
The correct answer to the given question about the use of the equity method for investments except Valuation at fair value.
Fair value is the anticipated price at which an item will be bought or sold when the buyer and seller willingly agree on a price.. An individual or organization may look at real market transactions for comparable assets, project the asset's predicted earnings, and calculate the cost to replace the asset in order to ascertain the fair value of a good or financial investment. The anticipated price at which an item is bought or sold when the buyer and seller willingly agree on a price is referred to as fair value. By evaluating an asset's current market value, future growth potential, and replacement cost, the fair value of the asset can be determined.
To learn more about fair value click here
brainly.com/question/28240645
#SPJ4
Which of the following is an advantage of joint ventures as a mode of entry into foreign markets?
A) The foreign firm does not have to bear any development costs and risks associated with opening a foreign market.
B) The foreign firm can protect its technology from being appropriated by its local partner.
C) It gives a firm tight control over subsidiaries, which enables it to realize experience curve or location economies.
D) There is less cause for friction and conflict between the foreign and local partners.
E) The foreign firm benefits from a local partner's knowledge of the host country.
The foreign firm can protect technology from being appropriated by its local partner is an advantage of the joint ventures as mode of entry into foreign market.
What is a joint venture?A joint venture (JV), a business entity created by two or more partners, is characterised by shared ownership, shared returns and risks, and shared governance. According to Gerard Baynham of Water Street Partners, despite a lot of negative headlines, joint ventures may actually outperform wholly owned and controlled affiliates. But some joint ventures, like those in the oil and gas industry, are "unincorporated" joint ventures that look and operate like corporations. This partnership may also be known as a joint venture and the participants are referred to as "co-venturers" when two or more persons temporarily come together to form it for the purpose of carrying out particular project.
To learn more about joint venture, visit:
https://brainly.com/question/29879369
#SPJ4
Megan’s tv had a base price of $189 and the sales tax was 6.88%. over the next four years, the tv consumed an average of $0.06 of electricity every day. it also needed repairs twice, costing $29 each time. after four years, megan got a new tv. what was the lifetime cost of megan’s tv? (remember that one in every four years is a leap year.)
a. $357.68
b. $318.66
c. $347.66
d. $351.65
please select the best answer from the choices provided a b c d
Hence option C is the correct option.
The Megans TV has a lifetime cost of $347.66.
The basic price of Megan's TV was $189, and the sales tax was 6.88%.
Converting 6.88 % in to decimal form.
= 0.0688
Sales tax price = 0.0688 × Base price
= 0.0688 × 189
= $ 13 (Approx)
The TV used an average of $0.06 per day in power over the following four years.
365 days make up a year, while 366 days make up a leap year.
So,
Electricity consumed in 4 years = Average electricity × (3× Number of days in one years + Number of days in a leap year )
= 0.06 × ( 3 × 365 + 366)
= 0.06 × (1095 + 366)
= 0.06 × 1461
= 87.66
Additionally, it required two $29 repairs that were required.
Repair cost = 2 × Cost of repair
= 2 × 29
= $58
Further,
Lifetime cost of the Megans TV = Base cost + Sales price cost + Electricity consumed in four years + Repair cost .
Substituting the above value in above equation we get,
Lifetime cost of the Megans TV = $189 + $13 + $87.66 + $ 58
= $ 347.66
For such more question on lifetime cost.
https://brainly.com/question/15295915
#SPJ4
Which best defines utility? Multiple choice question. The utilization of economic resources by producers when engaging in production The satisfaction or pleasure obtained from producing a good or service The utilization of economic resources by consumers when engaging in consumption The satisfaction or pleasure obtained from consuming a good or service
B. The satisfaction or pleasure obtained from consuming a good or service best defines utility.
Utility is a term used in economics to describe the value or worth of a good or service. Utility is more exactly the overall satisfaction or benefit obtained from using a good or service.
It is a common assumption in economic theories of rational choice that customers will attempt to maximize their utility. Understanding a good or service's economic utility is crucial since it has a direct impact on its demand and, consequently, price.
Consumer utility is typically impossible to gauge or quantify in practice. However, some economists think that by using several models, they can indirectly evaluate the usefulness of an economic commodity or service.
To know more about utility:
https://brainly.com/question/14597445
#SPJ4
The River City Council, the Santa Clara County Board, the Texas state legislature, and the U.S. Congress enact laws. These laws constitute
Legislative acts that are approved by the executive branch constitute statute law.
What is the meaning of statutory law?Statutory law is defined as a rule of law created by a legislative act that has been approved by the executive. Acts are approved by Congress and signed by the President of the United States to become federal statutory law.
Statutory law can be found in either codified laws or collections of statutes. The wording of the codes and compilations is the same, but their formats are different.
There are four principles for interpreting statutes: literal rule, golden rule, mischief rule, and purposeful method.
Major constitutional amendments are made using the statute law process. A Statute Law can only be repealed by Parliament due to Parliamentary Sovereignty, which prevents any other method of repeal.
Therefore, the answer is Statutory law.
To learn more about statutory law refer to:
https://brainly.com/question/19465279
#SPJ4
Say you own an asset that had a total return last year of 18 percent. Assume the inflation rate last year was 4.1 percent. What was your real return
The real return is 5.00%. The nominal interest rate is the interest rate before taking inflation into account.
Nominal interest is like an interest rate or a yield
(1+R)=(1+r)(1+h)
(1+nominal interest rate)=(1+real interest rate)(1+expected inflation rate)
(1+real interest rate)=(1+nominal interest rate)/(1+expected inflation rate)
Real = (1.112) / (1.059) - 1
= 0.05005
= 5.00% is the real interest rate.
If the investment yields a 10% return, the nominal interest rate will be 10%.
The real rate of return is what the investment will achieve after accounting for taxes and inflation. The real rate of return is lower than the nominal rate of return without taxes and inflation.
Nominal rate of return is the amount of money made by an investment before taking into account expenses such as taxes, investment fees and inflation. If the investment yields a 10% return, the nominal interest rate will be 10%.
Know more about nominal interest here:
https://brainly.com/question/13324776
#SPJ4
What is the present value of $2,000 paid each year forever, assuming a discount rate of 2% and the first payment occurs one year from now
Given a discount rate of 2%, the present value of $2,000 paid annually would be $773.135.
PV equals FV / (1 + i)N and PV equals $2000 / (2 + 0.08)
6\s= $2000 / 2.58687\s= $773.135
What is the following series of cash flows' net present value (NPV) at a 9% discount rate?NPV = -250,000 + (100,000/1.09) + (150,000/(1.09^2)) + (200,000/(1.09^3)). NPV = 122,431.81.
How may the present value of a discount rate be determined?The WACC and adjusted present value are the two main formulas for calculating the discount rate (APV). WACC = E/V x Ce + D/V x Cd x (1-T) is the formula for the WACC discount, and APV = NPV + PV of the impact of financing is the formula for the APV discount.
To know more about present value visit :-
https://brainly.com/question/17322936
#SPJ4
Sadiya, who owns a dance studio, consistently reminds her employees that dance lessons are a luxury for customers, so they should be both informative and fun. By making these statements, Sadiya is
Multiple Choice
telling a narrative based on true events, which emphasizes a particular value.
physically manifesting her organization’s core beliefs.
exhibiting the values and norms of the local community.
explicitly stating values and norms preferred by her organization.
Sadiya is explicitly stating values and norms preferred by her organization. A professional dancing studio will have a dance floor that has been especially designed.
A dancer's ankles and knees may experience shock while dancing on concrete, which could result in injury. A decent dance organization floor will be "sprung," or cushioned, on the bottom and will have a specific vinyl mat on top that is frequently referred to as "marley." For many, it's the availability of studio in various dance genres at any age or level. Others see it as having a welcoming environment where they can practise new skills, gain confidence, and have fun all at once. One of the most renowned dance schools in the world is the Juilliard School of Dance in New York, USA.
To learn more about studio, click here.
https://brainly.com/question/30137942
#SPJ4
Companies may use ________ and ________ to allow employees to have secure, rapid access to their compensation.
Companies may use electronic payroll systems and direct deposit to allow employees to have secure, rapid access to their compensation.
Payroll is the strategy for paying representatives of a firm, to just put it. It involves gathering the rundown of representatives who need to paid, monitoring the hours worked, sorting out every worker's remuneration, speedily dispensing the installment, and checking Payroll costs. Programming that computerizes the finance cycle is known as a finance framework. These frameworks, which are utilized to follow representatives' functioning hours, figure compensations, process assessments and derivations, print pay slips, and so on, can be joined with leave and participation global positioning frameworks and worker self-administration gateways. Payroll is the complete of all advantages that a business should give to its workers to a foreordained time span or on a foreordained date.
Know more about Payrolls - https://brainly.com/question/30066465
#SPJ4
Sam's Sushi serves only a fixed-price lunch. The price of $9 and the variable cost of $4 per meal remain constant regardless of volume. Sam can increase lunch volume by opening and staffing additional check-out lanes. Sam has three choices:
Monthly Volume Range
(Number of Meals) Total
Fixed Costs
1 Lane 0–5,000 $ 26,000
2 Lanes 5,001–8,000 31,000
3 Lanes 8,001–10,000 36,600
Required:
a. Calculate the break-even point(s).
b-1. Calculate the profit (or loss) for each alternative, assuming Sam can sell all the meals he can serve.
b-2. Should Sam operate at one, two, or three lanes?
The break-even point(s) will be 5200, 6200, 7320 for the 1 lane, 2 lane and 3 lanes respectively. There will be loss in the 1 lane and profit in the remaining lanes. Sam should opearte 3 lanes as it has highest profit.
What is a Break-Even Point?
Break-even point will aid in more intelligent product pricing. Pricing involves a lot of psychology, but understanding how it will impact your profitability is just as crucial. Particularly while ensuring that you can cover all of your obligations.
Sales price /unit - variable cost/ unit = contribution margin/ unit.
=9-4 = 5
BEP = Fixed Cost / margin of contribution per unit
1 lane =26000/5= 5200
2 lanes =31000/5= 6200
3 lanes =36600/5 = 7320
The 1 lane break even is not feasible as 5200 is more than the relevent range
The two possible break evens are 6200 and 7320
b. Meals Contribution Fixed costs Profit/(Loss)
1 lane 5000 25000 26000 -1000
2 lanes 8000 40000 31000 9000
3 lanes 10000 50000 36600 13400
Sam should opearte 3 lanes as it has highest profit.
To learn more about Break-Even Point:
https://brainly.com/question/21137380
#SPJ4
What is zone of tolerance in service expectations?
The zone of tolerance is a range of service performance that a customer considers satisfactory
What is zone of tolerance in service?Customers will become irritated and less loyal if a performance falls below the tolerance zone. Customers will be pleasantly surprised by performance levels exceeding the tolerance zone, which will increase their loyalty.The zone of tolerance is the range between what customers expect from the service they want and the bare minimum that is acceptable. The desired service is the higher level of their expectation compared to the acceptable service, which can be thought of as the lower level.The zone of tolerance is crucial because it allows customers to accept fluctuation within a range of performance, and any improvement within this range will only have a minor impact on perceptions.The zone of tolerance (ZOT) is a novel idea that has recently gained interest
To learn more about tolerance in service refers to:
brainly.com/question/25922327
#SPJ4
For which item below might a bank issue a credit memorandum to a depositor's account?
-Monthly service charges
-Outstanding checks
-Interest earned
-An NSF check
A document issued by a bank to credit (increase) a depositor's account is known as an interest earned credit memorandum.
What exactly is a credit memorandum?A seller who offers goods or services gives a customer a credit memorandum, which is sometimes shortened to credit memo. The memo is sent out as a way to get the customer to pay less. The most typical kind of credit memorandum is an invoice that has already been paid for the deduction.
A different kind of credit memorandum effectively accomplishes the same thing. When a person's checking account is increased for a specific transaction, a credit memo is sent by the bank.
To learn more about credit memorandum visit :
https://brainly.com/question/22712115
#SPJ4
There is a limit on Chinese dairy products sold in India, and in Italy there is a limit on sales of Japanese motorcycles, both of which would be considered a Quotas
A quota is a limit on the amount of a certain product that can be imported or exported. It is a form of protectionism and is used to limit the amount of a particular product that can enter a country's market, either for protectionist or economic reasons.
In the case of India and Italy, the quotas are intended to protect the domestic market from being flooded by foreign products and to protect the domestic industry from foreign competition. A quota limits the amount of foreign products that can enter the market, thereby stabilizing the market. Quotas can also be used to protect a country's own production from being undercut by cheaper imports. This is why India has a quota on Chinese dairy products and Italy has a quota on Japanese motorcycles.
To know more about quotas click here
https://brainly.com/question/12056809
#SPJ4
what is the most reasonable approach for the company to take the lesson the numbers of latecomers to work
Implementing better procedures at the security gate is the most reasonable approach for the company to take the lesson for the numbers of latecomers to work
A company's policies and procedures are put in place to establish the standards of behaviour and spell out the obligations of both employers and employees. The administration of firm policies and processes aims to safeguard both the business interests of employers and the rights of employees. A policy is a set of guiding principles that serves as the foundation or direction for decisions made at all levels of an organisation, including the area where the choice is being made and every individual employee. A policy outlines the necessary actions. On the other hand, a procedure clearly outlines the steps to take in order to complete the necessary tasks. A good procedure document also explains why certain steps are taken.
To learn more about procedures refer here:
https://brainly.com/question/22672210
#SPJ4
Ceteris paribus, if the Fed sells bonds through open market operations, the money Supply curve should shift rightward. Supply curve should shift leftward. Demand curve should shift rightward. Demand curve should shift leftward.
Ceteris paribus, if the Fed sells bonds through open market operations,b) Supply curve should shift leftward.
Ceteris paribus, if the Fed sells bonds through open market operations, it means that it is decreasing the money supply. To do this, the Fed takes in cash from the public by selling bonds to banks and other financial institutions. By taking cash out of circulation, the Fed is reducing the amount of money available in the economy.When the money supply decreases, the money supply curve will shift leftward, meaning that at any given interest rate, there is less money available.
It's worth mentioning that if the Fed decrease money supply, it will decrease the money available in the economy, which will increase interest rates and decrease the aggregate demand (AD) which will shift AD curve leftward.
To learn more about Ceteris paribus here:
https://brainly.com/question/13864080
#SPJ4
At the end of every year you deposit $4,800 into an account that earns 8% interest per year. What will be the approximate balance in your account immediately after the 20th deposit
The amount is $219657.43 will be the approximate balance in your account immediately after the 20th deposit.
To find the future value we use following formula
FV=A[(1+r)" -1/r)
Where,
FV = Future Value OR Amount at time n
A = Regular Withdrawal Amount OR Regular Interest OR Regular Dividend OR Installment Amount
n = Number of period
r=Compound interest rate
Given: Number of periods/years (n) = 20
Rate of interest (r) -8%
Regular withdrawal (A)- $ 4800
After substituting the values into the formula we have,
[tex]FV= A(\frac{(1+r)"-1}{r} \\FV=4800+(\frac{1+0.08)20-1}{0.08} )FV = $219657.42863[/tex]
The future value of the annuity is $219657.42863.
Learn more about Compound Interest:
brainly.com/question/20406888
#SPJ4
________ is redistributing goods or products we own by sharing them.
A) Collaborative consumption
B) Crowdfunding
C) Crowdsourcing
D) Social networking
Collaborative consumption is redistributing goods or products we own by sharing them. option a is correct.
How does collaborative consumption work?Consumers who "get" and "supply," temporarily or permanently, valuable resources or services through direct connection with other consumers or through a mediator are said to be engaging in collaborative consumption. It is occasionally used in conjunction with the idea of the "sharing economy". In the "collaborative economy" (also known as "collaborative consumption"), consumers use modern technology to produce, procure, pay for, exchange, share, or rent goods and services. It is always changing since new markets are constantly opening up.
To know more about Collaborative consumption visit:
https://brainly.com/question/6378606
#SPJ4
A property owner must spend $10,000 to pave his driveway. Upon completion of construction, his property value will increase by $7,500. In this case the deficiency would be considered to be
A property owner must spend $10,000 to pave his driveway. Upon completion of construction, his property value will increase by $7,500. In this case the deficiency would be considered to be Incurable deterioration.
Even if repairs were done, a sort of depreciation known as incurable deterioration would still be there. Simply said, there is no economic benefit to fixing the item(s) because the expense of repair would be more than the value it would add.
When the cost of fixing a building structure's component exceeds the value of the structure, making the repair uneconomical. For instance, an ancient house's foundation had to be renovated because of significant settling. The constant evolution of cellphone and smartphone technology is another illustration of functional obsolescence in the technology sector.
To know more about driveway visit :
https://brainly.com/question/15392556
#SPJ4
A single branch of Simpson Shoes has been operating since 1917. As they consider moving into online marketing, the owner, Bert Simpson, wants to focus on a specific, potential customer type. Which potential customer would benefit from Simpson Shoes running a Local Inventory ad
A Local Inventory ad from Simpson Shoes would benefit customers who are looking for convenience and quick access to the shoes they desire.
What is Local Inventory?Local inventory is an inventory of goods or services that are located within a certain geographic area.
By advertising their local inventory, customers can easily find out which shoes are available in their local store and can then make the trip down to purchase them. This type of ad would be especially beneficial to customers who live close to the store and are looking for a specific type of shoe. This type of ad would also be beneficial to customers who are in a rush and need the shoes quickly, as they can easily find the store location and make the purchase immediately.
To learn more about Local Inventory
https://brainly.com/question/15709828
#SPJ4