b. Calculate the accumulated value of her investment at the end of 11 years.
c. Calculate the amount of interest earned from the investment.
At the end of the first six years, the investment has a total value of $33,358.31. After 11 years, the investment has grown to a total value of $97,719.38. $60,319.38 has been earned in interest.
The following equation can be used to determine interest rates: Interest equals P x R x N. P is the principle amount (sometimes known as the starting balance), and R is the interest rate (usually per year, expressed as a decimal). N represents the quantity of time periods (generally one-year time periods).
FV = $1,700 * ((1 + 0.0740/2)⁽²ˣ²²⁾ - 1) / (0.0740/2) = $33,358.31
FV = $1,700 * ((1 + 0.1180/2)⁽²ˣ²²⁾ - 1) / (0.1180/2) = $97,719.38
$1,700 * 2 * 11 = $37,400
As a result, the interest earned is as follows:
$97,719.38 - $37,400 = $60,319.38.
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O A. Learn to accept the quality of your painting the way it is.
OB.
O C.
D.
Set a new goal that will help you improve or refine your results.
Focus on getting a job rather than following a career path.
Go back to your self-assessment and choose a different career goal.
falls/decrease is the correct answer
B. annoyance
C. traditional
D. social media
E. mobile
Answer: Mobile Marketing.
Explanation:
The company that sent the text message is making use of mobile marketing to promote their products to consumers. Mobile Marketing involves marketers promoting their products to it's consumers, by targeting to reach the consumers through the various means of communication on their phones.
Answer:
B. Marginal social benefit is greater than marginal private benefit.
Explanation:
When consumption of a good generates a positive externality, the statement is true at the market equilibrium is marginal social benefit is greater than marginal private benefit. As we hold a perception of this permanence concerning some positive externality signifies that marginal social benefit remains higher aside from marginal private benefit. Ended consuming simply quantity Q, marginal social benefit is a higher marginal social cost, including higher of the good, should be absorbed.
In a situation of positive externality, the marginal social benefit of a good or service exceeds the marginal private benefit at the market equilibrium, leading to societal underconsumption of the good or service.
When consumption of a good generates a positive externality, the correct statement would be that the marginal social benefit is greater than the marginal private benefit. A positive externality occurs whenever the consumption of a good or a service by an individual has a beneficial impact on others who are not directly involved in the transaction.
The marginal private benefit essentially represents the individual user's private gain from consuming an additional unit of a good or service. On the other hand, the marginal social benefit reflects the total benefit to society, considering not only the individual's private benefit but also the positive impact on others.
Thus in the case of a positive externality, the marginal social benefit exceeds the marginal private benefit at the market equilibrium, effectively leading to an underconsumption of the good from a societal perspective, because individuals account only for their private benefit and not for the external benefits generated by their consumption.
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Answer:
B
Explanation:
Variable costs are incurred only when a boat is manufactured such as material and direct labor. Thus variable costs will remain unchanged since it will costs the exact same amount to manufacture another identical boat. If it costs $4,000 in material and direct labor to manufacture boat A it will cost $4,000 to manufacture boat B. Fixed costs are sunk costs that will be incurred whether they manufacture 800 or 1,000 boats per year. The rent and admin costs will remain unchanged no matter how many boats are manufactured. But the fixed cost per boat will change. The total fixed costs are $80,000 (800 boats x $1,000 per boat fixed cost). If the manufacturing rate is increased to 1,000 boats per year, the per boat fixed cost will decrease to $800. Fixed costs remain at $80,000/1,000 boats = $800.