The future value of the account, considering regular payments of $1,900 per compounding period, an interest rate of 12% compounded 12 times per year, and a time period of 20 years, is approximately $11,837,158,688.
To calculate the future value of the account, we can break it down into two separate investments: the initial investment of $38,000 and the regular payments of $1,900 made at the end of each compounding period.
For the regular payments, we can use the future value of an ordinary annuity formula
Future Value = Payment * (((1 + (Rate / Compounding Frequency)\()^{Compounding Frequency * Time}\)) - 1) / (Rate / Compounding Frequency)
In this case
Payment = $1,900
Rate = 0.12 (12% per year)
Compounding Frequency = 12 (compounded 12 times per year)
Time = 20 years
Substituting the values into the formula
Future Value = $1,900 * (((1 + (0.12 / 12)\()^(12 * 20)\) - 1) / (0.12 / 12)
Calculate the value inside the parentheses:
(0.12 / 12) = 0.01
(1 + 0.01) = 1.01
(12 * 20) = 240
Future Value = $1,900 * ((1.01)²⁴⁰ - 1) / (0.01 / 12)
Step 2: Calculate the exponent
(1.01)²⁴⁰ ≈ 6.191736267
Future Value = $1,900 * (6.191736267 - 1) / (0.01 / 12)
Calculate the value inside the second set of parentheses:
(0.01 / 12) ≈ 0.000833333333
Future Value = $1,900 * (6.191736267 - 1) / 0.000833333333
Perform the subtraction:
(6.191736267 - 1) ≈ 5.191736267
Future Value = $1,900 * 5.191736267 / 0.000833333333
Perform the division
(5.191736267 / 0.000833333333) ≈ 6,230,083.520
Future Value ≈ $1,900 * 6,230,083.520
Calculate the final value
$1,900 * 6,230,083.520 ≈ $11,837,158,688
Therefore, the future value of the regular payments after 20 years is approximately $11,837,158,688.
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--The given question is incomplete, the complete question is given below " Question 8 0/3 pts 53 22 Details $38,000 is invested at a rate of 12% per year, compounded 12 times per year. In addition, regular payments of $1900 are made at the end of each compounding period. What is the future value of this account after 20 years? Answer = Hint: Imagine this as two separate investments. How much will you have all together in 20 years? Submit Question"--
1. What is the attitude banks have toward being required to become members of the Federal Reserve System?
Answer:
The attitude banks have toward being required to become members of the Federal Reserve System is explained below in details.
Explanation:
Any country chartered bank (mutual or stock-formed) may enhance a segment of the Federal Reserve System. The twelve geographical Reserve Banks conduct state affiliate banks as members of the Federal Reserve System's commission to guarantee strength and endurance in the nation's indigenous businesses and banking system.
What is diminishing marginal product? How does the phenomenon of
diminishing marginal product play a role in the shape of a firm's
supply curve?
Diminishing marginal product is a phenomenon where adding more units of an input causes a decrease in the additional output gained from each additional unit.
In other words, the marginal product of a variable input decreases as more and more units of the input are used in production.Diminishing marginal product plays a role in the shape of a firm's supply curve because it affects the marginal cost of production.
Marginal cost is the cost of producing one more unit of output. When a firm experiences diminishing marginal product, it means that it has to use more and more of a variable input to produce each additional unit of output. This causes the firm's marginal cost to increase.
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1. What is public relations? Give an example of a public relations activity. (1 point)
One disadvantage of a corporation is:
Answer:
The disadvantages of a corporation are as follows: Double taxation. Depending on the type of corporation, it may pay taxes on its income, after which shareholders pay taxes on any dividends received, so income can be taxed twice. Excessive tax filings.
1. As a manger, in accordance with the HR process, how would you work in tandem with HR to ensure that you retain quality employees, thus adding to the overall satisfaction of employee, and keeping turn over low?
Answer:
The first crucial guideline and ICT information that the management should be conscious of in order to be able to handle the many responsibilities all at once and achieve relevant achievement for the corporation's administration is to organize appropriately.
The second crucial talent that a manager must possess in order to effectively manage a firm is the ability to organise. This refers to the manager's capacity to delegate necessary duties, obligations, and responsibility to the subordinates.
Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make 25% on each car sale. What is Sherry's selling price?.
The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $75,000.
What is the selling price?The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.
The computation of the selling price of the car:
Given,
Cost price =$60,000Margin =25%\(\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}\)
Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.
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If the nominal interest rate is 5 percent and the inflation rate is 2 percent, what is the real interest rate?
a. 10 percent
b. 7 percent
c. 3 percent
d. 2.5 percent
In this case, the nominal interest rate is 5 percent and the inflation rate is 2 percent. Therefore, the real interest rate is 3 percent (5% - 2%). The main answer to the question is c. 3 percent.
The real interest rate takes into account the impact of inflation on the purchasing power of money. For example, if you earn a nominal interest rate of 5 percent but inflation is also at 5 percent, then the real interest rate is actually 0 percent because the purchasing power of your money has not increased.
Understanding the real interest rate is important for making financial decisions such as investing or borrowing. If the real interest rate is negative, it means that the value of your money is decreasing over time and you may want to consider investing in assets that can provide a higher return. On the other hand, if the real interest rate is high, it may be a good time to borrow money to make investments as the return on investment may be higher than the cost of borrowing.
In conclusion, the real interest rate is an important concept to understand for making informed financial decisions. In this scenario, the real interest rate is 3 percent which means that the purchasing power of your money will increase by 3 percent after accounting for inflation.
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An author writes a history book to be used in college courses. The copyright protection subsisting in that work applies to:
We should understand that copyright protection subsisting in his work applies to every other aspect of his work as well
The Copyright law is a law that protects owners of an original material from unauthorized duplication or use by another person.
The rights associated with a copyright protection includes:
right to make derivatives of a workright to reproduce a workright to lend a work.In conclusion, the copyright protection subsisting in his work applies to every other aspect of his work as well.
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Which of the following are the three largest categories of federal government spending?
a. Infrastructure, Defense, and Science
b. Health, Military, and Interest on Debt c. Veterans, Infrastructure, and Education d. Education, Defense, and Food/Agriculture
Answer: Your answer is A)
Explanation: Because it is a lot of money to build roads, public/private buildings, and parks , and land.
The three largest categories of federal government spending should be infrastructure, defense, and science.
The following information should be relevant:
Discretionary spending should be considered for the national defense.Most of the spending is to be spent on the infrastructure as the roads should be built, for parking, etc.Therefore, the other options are incorrect.
Thus, we can conclude that the three largest categories of federal government spending should be infrastructure, defense, and science.
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What do you think were the main concerns with the Olympus two-door sports coupe? Is there a market for a two-seat, $32,000 sports car when the RX-8 sells for significantly less? Evaluate the role of the marketing mix in the Olympus introduction. What are some of the marketing strategies auto manufacturers use to stimulate sales of certain makes of automobiles?
The main concerns of the sports coupe is that
They did not carry out good research of the marketThey also did not research the people that would buy the product.There is no market for the two seat car given that it would be better if it was a market that people knew with a cheaper price.
2. What is the role of the marketing mix?The role of the marketing mix has to do with the combination of price and the product. These two did not match properly in order to be able to take care of the need of customers and expectations.
3. Some of the strategies would be the use of social media and search engines. This would help to create the awareness for their products and create traffic.
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Why do we need to carefully plan the operations of the business?
Answer:
hi nhi pata bhai soery. long
describe and evaluate one study of compliance
Answer:
In studying compliance, social psychologists aim to examine overt and subtle social influences experienced in various forms by all individuals. Implicit and explicit psychological processes are also studied since they shape interactions.
The experimental analysis of compliance has focused primarily on three multiple request procedures: (1) the foot-in-the-door technique, (2) the door-in- the-face technique, and (3) the low-ball technique.
Figure 6 depicts the four types of compliance behaviour (deliberately compliant, accidentally non-compliant, accidentally compliant and deliberately non-compliant) and the contribution that intention and/or administrative effectiveness provides to the performance of the behaviour.
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every point on a production possibilities frontier (ppf) represents: a. production efficiency b. allocative efficiency. c. production and allocative efficiency. d. x-efficiency.
Every point on a production possibilities frontier (PPF) represents production efficiency.
What is a production possibilities frontier (PPF)?
A production possibilities frontier (PPF) is a graphical representation of the possible combinations of two commodities that an economy can produce with its limited resources and technology at any given moment. The PPF is a tool for illustrating scarcity, opportunity cost, and trade-offs.
The concept of PPF, which is also known as the production possibilities curve, is based on the law of increasing opportunity cost, which states that as the production of one commodity rises, the opportunity cost of producing the other commodity increases as well.
PPF represents production efficiency. It depicts the maximum output an economy can produce given the scarce resources and technology.
Any point outside the PPF, on the other hand, is unattainable and represents a higher level of output that the economy cannot produce using its current resources and technology.
Thus, every point on the PPF is an efficient level of production that represents the optimal combination of two commodities, given the scarcity of resources and technology. So, the correct answer is option A.
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Which of the following is not an example of professional behavior
?
If you focus on the present now, instead of focusing on your future concerns, you will be able to __________.
a. Gain more enjoyment from your leisure time
b. Avoid doing more work than necessary
c. Create a feeling of control in your life
d. All of the above
In the case when we focus on the present so rather than focusing it we have to gain, avoid excess work, and control the feeling of control.
Importance of focus on the present:If we focus on the present rather than thinking of the future so automatically the present, as well as the future, will get better.
Due to this, we will be able to do the enjoyment arising from the leisure time, avoiding excess work, and developed a feeling for control in the life.
Hence, the option d is correct.
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if a transaction says started a business with cash 80000 Rands in bank is it a contra entry?
Answer:
yes
Explanation:
because, Contra entries are those entries in which same account can be debited and credited in contrary situation. For example we debit Bank account when depositing cash.At the same time we credit bank account when withdrawing money from bank.
Many economists believe that the growth of the money supply is A. not related to output growth. B. inversely related to the price level. C. directly related to interest rate growth. D. positively related to the growth of real GDP.
Answer:
D.
Explanation:
They believe that controlling the supply of money directly influences inflation and that by fighting inflation with the supply of money, they can influence interest rate in the future.
You are the director of corporate partnerships from an athletics department or local professional team determine what inventory is part of sponsorship agreements and how they price their sponsorship packages.
When it comes to sponsorship agreements in the field of athletics, the inventory typically includes various assets that can be utilized by the sponsor to promote their brand or products.
Some common examples of inventory in sponsorship agreements are:
1. Logo Placement: Sponsors often have their logos displayed prominently on team uniforms, stadium signage, or even on equipment used during games.
2. Digital Assets: This includes the sponsor's logo appearing on the team's website, social media channels, or in promotional emails.
3. In-Game Promotions: Sponsors may have opportunities for on-field promotions, such as halftime shows, giveaways, or naming rights for specific areas of the stadium.
4. Hospitality: Sponsors may receive VIP access to games, pre-game events, or exclusive meet-and-greet opportunities with players or coaches.
5. Advertising: Sponsors may have commercial spots during televised games or radio broadcasts.
When pricing sponsorship packages, several factors are considered, such as the level of exposure, the reach of the team or event, the demographics of the audience, and the overall marketing value. Pricing can vary widely depending on the popularity of the team, the size of the audience, and the specific assets included in the package. In conclusion, sponsorship agreements in athletics include various inventory options such as logo placement, digital assets, in-game promotions, hospitality, and advertising. Pricing is determined based on factors like exposure, reach, audience demographics, and overall marketing value.
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Banks and other financial institutions can best manage interest rate risk by _____.
A. maximizing the duration of assets and minimizing the duration of liabilities
B. minimizing the duration of assets and maximizing the duration of liabilities
C.matching the durations of their assets and liabilities
D. matching the maturities of their assets and liabilities
Banks and other financial institutions can best manage interest rate risk by matching the durations of their assets and liabilities (Option C).
Financial institutions, such as banks, face interest rate risk due to the fluctuation of interest rates over time. This risk can affect their profitability and financial stability. To manage this risk effectively, it is essential for these institutions to align the durations of their assets (e.g., loans, investments) and liabilities (e.g., deposits, borrowings).
By matching the durations of assets and liabilities, financial institutions can mitigate the impact of interest rate fluctuations on their net interest income. When the durations are matched, changes in interest rates will have a proportional effect on both the assets and liabilities, minimizing the overall risk exposure.
If a financial institution were to follow Option A or B, they could expose themselves to higher risk levels as the difference in duration between assets and liabilities would amplify the impact of interest rate fluctuations.
Option D, matching the maturities of assets and liabilities, may not be sufficient to manage interest rate risk effectively, as the sensitivity to interest rate changes may differ even if maturities are the same.
In summary, by matching the durations of their assets and liabilities, financial institutions can better manage interest rate risk, ensuring a more stable net interest income and enhancing their financial stability.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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judy paid $40 for girl scout cookies and $40 for boy scout popcorn. she may claim an $80 charitable contribution deduction. T/F
Judy paid $40 for girl scout cookies and $40 for boy scout popcorn. she may claim an $80 charitable contribution deduction,False.
No, Judy cannot claim an $80 charitable contribution deduction for the purchases she made for Girl Scout cookies and Boy Scout popcorn. The reason is that when you make a charitable contribution, you can only deduct the amount that exceeds the fair market value of the goods or services received in return. In this case, Judy received Girl Scout cookies and Boy Scout popcorn in exchange for her payment of $40 each. Therefore, the fair market value of the goods received is $80, which is equal to her total payment. Since she didn't pay more than the fair market value, she cannot claim any deduction.
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Required: Discuss whether each of these receipts constitutes ordinary income (4 marks):Suits Pty Ltd is a company that owns a business that sells men's business suits in Melbourne to individuals. During the current tax year it also earned the following receipts:• $50,000 for supplying business suits to a reality TV show called 'The Office Professional'. The TV show used these suits to dress its male contestants.• $10,000 paid by someone opening up a similar business in Sydney. The amount was paid in exchange for the list of importers that Suits Pty Ltd purchases its inventory from.
Both receipts, $50,000 for supplying business suits to the reality TV show and $10,000 for providing the list of importers, constitute ordinary income for Suits Pty Ltd.
The $50,000 receipt for supplying business suits to the reality TV show 'The Office Professional' constitutes ordinary income for Suits Pty Ltd as it is derived from the company's regular business operations of supplying men's business suits. This income is considered revenue for the company and is subject to income tax.
Similarly, the $10,000 receipt paid by someone opening up a similar business in Sydney for the list of importers that Suits Pty Ltd purchases its inventory from also constitutes ordinary income. This income is derived from the company's knowledge and expertise in the industry and is considered revenue for the company. As such, it is subject to income tax.
In both cases, the income received by Suits Pty Ltd is related to the business of supplying men's business suits, and therefore, is considered ordinary income.
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you are planning for your retirement in 4 years. you have $1,000,000 to invest today plus you will invest an additional $500,000 at the end of the year for the next 3 years. how much money will you have at retirement if your retirement savings earns 7% per year
I will have approx $3.03 million att my retirement.
We use the formula:
A=P(1+r/100)^n
where
A = future value
P = present value
r = rate of interest
n = time period.
A=1,000,000*(1.07)^4+500,000*(1.07)^3+500,000*(1.07)^2+500,000*(1.07)
=$3030767.51
=$3.03 M(Approx)
Retirement refers to the time of life when one chooses to permanently leave the workforce behind. The traditional retirement age is 65 in the United States and most other developed countries, many of which have some kind of national pension or benefits system in place to supplement retirees' incomes.
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The ratio of the price of two goods on a graphed budget line is measured by its:.
There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.
What is a budget lineThis is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.
The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.
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A company sells its products for $80 per unit and has per-unit variable costs of $30 so the contribution margin per unit per unit is $50.
Answer:
the contribution margin per unit is $50
Explanation:
The computation of the contribution margin per unit is shown below:
Given that
The Selling price per unit is $80
And, the per unit variable cost is $30
Based on the above information
the contribution margin per unit is
= Selling price per unit - variable cost per unit
= $80 - $30
= $50
hence, the contribution margin per unit is $50
describes the changes in diet, physical activity, health, and nutrition that occur as less developed countries become more prosperous.
Changes in diet, physical activity, health, and nutrition that occur as less developed countries become more prosperous include a shift towards a more Westernized diet, decreased physical activity, improved access to healthcare, increased risk of non-communicable diseases, and imbalances in nutrient intake.
What are some common changes in diet, physical activity, health, and nutrition that occur as less developed countries become more prosperous?As less developed countries become more prosperous, several changes in diet, physical activity, health, and nutrition tend to occur. These changes can be summarized as follows:
Diet: With increased prosperity, there is often a shift towards a more Westernized diet, characterized by a higher consumption of processed foods, sugars, fats, and animal products. This transition may lead to an increase in calorie intake and a decrease in the consumption of traditional, locally sourced, and healthier foods.Physical Activity: As countries become more prosperous, there is a tendency for people to adopt more sedentary lifestyles. This shift is driven by factors such as increased access to transportation, mechanization of work, and the availability of modern conveniences. Consequently, physical activity levels tend to decrease, leading to a decline in overall fitness and increased risk of chronic diseases.Health: Improved prosperity often correlates with better access to healthcare services, resulting in reduced mortality rates and increased life expectancy. However, the transition to a more sedentary lifestyle and a less healthy diet may contribute to a rise in non-communicable diseases such as obesity, diabetes, cardiovascular diseases, and certain types of cancer.Nutrition: While increased prosperity can improve access to food, there may be a shift towards energy-dense but nutrient-poor foods. This can result in imbalances in nutrient intake, with a higher prevalence of deficiencies in essential vitamins, minerals, and other micronutrients. At the same time, overconsumption of unhealthy foods can contribute to overweight and obesity.It is important to note that these changes are general trends and can vary across different countries and regions.
Additionally, the impact of increased prosperity on health outcomes is influenced by various factors, including cultural norms, education, healthcare systems, and government policies aimed at promoting healthy lifestyles.
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The demand function for super big bright led light bulbs is Q^d=(45 million)-(3.5 million * P).If the company charged a price of $8 per bulb
Answer:
74
Explanation:
saif
John and Emily are married and have two children, ages 5 and 7. If they purchase a new car, what titling alternative(s) are available to them as a married couple (assuming their state recognizes all available titling options)
When John and Emily purchase a new car, they have several titling alternatives as a married couple.
One option is "Joint Tenancy with Right of Survivorship," where both spouses have equal ownership, and upon the death of one spouse, the surviving spouse automatically inherits the deceased's share. Another option is "Tenancy in Common," where each spouse owns a percentage of the property, and upon death, their share goes to their estate or a designated beneficiary rather than the surviving spouse. Lastly, they can choose "Community Property," which is available in some states, where both spouses equally own the car, and in case of death, the deceased's share is distributed according to their will or state laws. Each titling option has its advantages and potential drawbacks, so it's important for John and Emily to consider their specific situation and preferences when making a decision.
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Which life insurance policy provision allows a policyowner to cancel the policy and receive a full refund within a limited period after policy delivery?
The free-look period life insurance policy clause enables the policyowner to cancel the policy and obtain a full refund within a specific time after the policy is delivered.
Free-look window:
The mandatory free look period is the time frame within which a new owner of a life insurance policy may cancel the policy without incurring any fees, such as surrender charges.Based on the insurer, a free look period frequently lasts 10 or more days.A 30-day free-look period: What is it?We have 30 days to review and return the policy to the insurance provider from the day you receive it.Any cause is acceptable for a return. Return it to the insurance provider, the agency, producer, or the location where it was purchased.
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How does collaboration demonstrate professionalism
Answer: Collaboration allows people with different backgrounds to bring their expertise to the workplace, creating a larger talent pool and increasing the possibility that problems will be solved by drawing from these diverse backgrounds.