You invested $10,000 in 2020. It increases 5% for 5 years. Over the next 5 years it decreases in value by 5% each year. How much will you have in 2030?

Answers

Answer 1

Answer:

In 2030 I will have $ 9,875.32 in my account.

Explanation:

Given that I invested $ 10,000 in 2020, and it increases 5% for 5 years, but over the next 5 years it decreases in value by 5% each year, to determine how much I will have in 2030 the following calculation must be performed:

10,000 x 1.05 x 1.05 x 1.05 x 1.05 x 1.05 = X

10,500 x 1.05 x 1.05 x 1.05 x 1.05 = X

11.025 x 1.05 x 1.05 x 1.05 = X

11,576.25 x 1.05 x 1.05 = X

12,155.06 x 1.05 = X

12,762.81 = X (2025)

12,762.81 x 0.95 x 0.95 x 0.95 x 0.95 x 0.95 = X

12,124.67 x 0.95 x 0.95 x 0.95 x 0.95 = X

11,518.44 x 0.95 x 0.95 x 0.95 = X

10,942.51 x 0.95 x 0.95 = X

10,395.39 x 0.95 = X

9,875.32 = X (2030)

Thus, in 2030 I will have $ 9,875.32 in my account.


Related Questions

Check My Work You have a current credit card balance of $450.00, which you are paying off so you can close the account No new purchases have been added this month, and interest is computed on the average daily balance method. The APR is 18%, and the minimum payment is 39. If you make the minimum payment this month, what will the new balance be on the​

Answers

Answer:

$417.16.

Explanation:

Since I have a current credit card balance of $ 450.00, which I am paying off so I can close the account and no new purchases have been added this month, and interest is computed on the average daily balance method with an APR of 18%, and a minimum payment of $ 39, if I make the minimum payment this month, the new balance is determined as follows:

(450 - 39) x (1 + 0.18 / 12) = X

411 x 1.015 = X

417.16 = X

Therefore, the new balance would be of $417.16.

I need help!

The management of a large hotel in your country is considering ways of increasing room occupancy during the five off-peak months of the year. The hotel has very good leisure facilities, including a spa with heated indoor pool and beauty treatments. It has a very large room that is only used for wedding receptions about 30 times during the year. The hotel's restaurant has a very good reputation for food quality and providing value for money.

Develop a marketing strategy that might be used by the hotel to increase room occupancy during the five off - peak months of the year.​

Answers

Answer:

For the off-peak months of the year, the best marketing strategy would be a combination of offering lower prices, and an increased spending in advertising.

The lower prices can attract potential customers who are otherwise unwilling to go to the hotel during the off-peak period, and the increased spending in advertising can attract more customer, enlarging the potential customer base, or customer pool.

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TIME REMAINING
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What is the difference between profit and revenue?
O Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after
subtracting the production costs.
Revenue is the total amount producers earn after subtracting the production costs. Profit is the total amount
producers receive after selling a good.
O Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn after
subtracting the production costs.
O Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers receive after
selling a good.
Noya
Submit

Answers

Answer:

Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

Explanation:

amougus

PLEASE HELP!!!
Money going out of a business is called _BLANK_.

A. income
B. expenses

Answers

Answer:

Expenses

Explanation:

When a team agrees on the level of performance expected by each member, they have a _____.


shared standard

collaborative effort

unified commitment

team structure
THE ANSWER IS SHARED STANDARD

Answers

Answer:

shared standard

Explanation:

Teamwork refers to the collective approach towards the completion of a common goal. Methods and sources are agreed upon by each member of the team and the focus is relied on the achievement of the goal. Each individual works together and extend their efforts collectively. Shard standard refers to the level of acceptance on a particular point that each team member  agrees on. Merging at a certain point is very essential part of teamwork. Disagreement among the team members may cause the team work fall behind.

what is 349/36 + 34x6

Answers

Answer:

349/36= 9.694

34x6= 204

9.694 + 204= 203.694

What negative consequences might a company face if it fails to keep accurate financial records?

Answers

A negative consequences you may face is paying more taxes than what’s called for
1. Paying less or more taxes, which could cause legal issues.

2. Keeping accurate financial records allows a company to keep track of profits and losses, so they are aware of what is selling best (supply and demand). If this is not done, they may be spending more than they are making.

3. Companies may not stay within budget.

You have a credit card account with a previous balance of $635. You added two additional purchases for $75 and $50 during this billing period. You made a payment of $150. Your APR is 16.5%. Using the adjusted balance method, what is your new balance?​

Answers

Answer:

The new monthly balance will be $618.235.

Explanation:

Since you have a credit card account with a previous balance of $ 635, and you added two additional purchases for $ 75 and $ 50 during this billing period, and then you made a payment of $ 150 and your APR is 16.5%, to determine what is your new balance using the adjusted balance method, the following calculation must be performed:

(635 + 75 + 50 - 150) x (1 + 0.165 / 12) = X

610 x 1,0135 = X

618.235 = X

Thus, the new monthly balance will be $618.235.

Using the adjusted balance method, your new credit card balance is $618.39.

What is the Adjusted Balance Method

The adjusted balance method for calculating your finance charge uses the previous balance from the end of your last billing cycle and subtracts any payments and credits made during the current billing cycle..

Data and Calculations:

Previous balance = $635

Additional purchases = $125 ($75 + $50)

Payment = $150

APR = 16.5%

Finance charge = $8.39 ($635 - $150 - $125) x 16.5%/12

Adjusted balance = $618.39 ($635 - $150 + $125 + $8.39

Thus, using the adjusted balance method, the new balance on the credit card is $618.39.

Learn more about the adjusted balance method at https://brainly.com/question/11355738 and https://brainly.com/question/9816383

* Question 29 of 50 > VA Check My Work You are considering buying a $700 refrigerator on an installment loan with nothing down and 12 monthly payments of $72.92. You could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $64.84. Your credit card company would also give you a cashback bonus of 1 percent for the purchase. How much would you save by using the credit card (round your final answer to the nearest dollar)?​

Answers

Answer:

$105.

Explanation:

Since you are considering buying a $ 700 refrigerator on an installment loan with nothing down and 12 monthly payments of $ 72.92, and you could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $ 64.84 and your credit card company would also give you a cashback bonus of 1 percent for the purchase, to determine how much you would save by using the credit card the following calculation must be performed:

72.92 x 12 = 875.04

64.84 x 12 = 778.08

778.08 - (778.08 / 100) = 770.29

875.04 - 770.29 = 104.74

Thus, rounded to the nearest dollar, by paying with the credit card you would save an amount of 105 dollars.

Sales tax in your community is 7.5%. If you go to Becks and buy a polar pop for $0.99, slice of pizza for $2.25, and chips for $0.75, what amount will you pay once the sales tax is added to your purchase?

Answers

Answer:

$4.29

Explanation:

Sales tax is a type of consumption tax. It is levied by the government or an agency of the government on the sales. Taxes increase the prices of goods and services

Total amount paid = total price of items purchased + tax amount

total price of items purchased = $0.99 +  $2.25 + $0.75 = $3.99

Tax amount = 0.075 x $3.99 = $0.299

Total amount paid = $4.29

15pts-- multiple choice!

You want to invest some of the money you have earned from your part-time job. Since you do not have that much money to invest, you are looking for a risk-free option. All you want is to eventually get your money back with a little interest. Which investment strategy would be best for you?


Mutual funds


Stocks


Franchise


Bonds

Answers

Answer: bonds
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)

Credentials are an official verification, from an accredited source, attesting to capability.

True
False

Answers

Answer:

false

Explanation:

.

Answer: False

Explanation:

The warranty is an excellent tool for you touse to:A. Prove that your company has the best priceB. Explain your company’s return policyC. Reassure the customer about a product’s qualityD. All of the above

Answers

Answer:

d

Explanation:

have a nice day

Will Mark Brainliest!!!
Eric is the accountant for a trading firm. While posting entries in the books of accounts, he entered $2,500 into the salary account. However, the total salaries for the firm amount to $3,700. What type of error did Eric make?

A. error of omission or B. error of originality entry

Answers

Answer:

error of origional entry

Which of the following methods would be most appropriate for an emotional appeal?
A.Telling a story about people who resemble the target audience
B.Creating a contrast with the surrounding environment
C.Asking the audience to act
D.Providing information about the product

Answers

Answer: telling a story about people who resemble the target audience

Explanation: just took the test

Telling a story about people who resemble the target audience would be most appropriate for an emotional appeal. Thus, option 'A' is the correct option.

What is Emotional Appeal?

A kind of persuasion known as an emotional appeal uses sensory, descriptive language and images to stimulate an audience's emotions and persuade them of a point of view. Social psychology is used in the appeal to emotion strategy. Only when the evoked emotions are unrelated to determining the veracity of the conclusion and help to divert from a logical analysis of pertinent premises or facts is it erroneous.

For instance, if a pupil says "My scholarship will be forfeited if I receive a poor mark on this essay. It is not copied "The initial statement's emotional impact is unrelated to determining whether the text was duplicated. In order to persuade the audience that the claims being made by the fallacious argument are true or untrue, appeals to emotion aim to evoke sentiments like fear, pity, or delight in the person receiving the information.

Learn more about Emotional Appeal, here:

https://brainly.com/question/28190032

#SPJ2

A manager wants to cut costs by laying off all workers who are 50 and older
and replacing them with younger workers. What should the HR department
advise in this situation?
A. The idea is smart because it should bring a significant
improvement in productivity.
B. The idea is illegal because employers must provide reasonable
accommodations to older employees.
C. The idea is illegal under the Age Discrimination in Employment
Act.
D. The idea is legal but will require extra money for training.
SUBMIT

Answers

A manager wants to cut costs by laying off all workers who are 50 and older and replacing them with younger workers, then the HR department should inform that the  idea is illegal under the Age Discrimination in Employment Act.

What is Employment Act?

The Terms of Employment Act of 1994 mandates that an employer submit a written explanation of wages and working conditions to its employees inside of 2 months of their start date.

This act also indicated that the employees are not removed on the basis of age discrimination.

In the above case, if a management wishes to save money by laying off all employees aged 50 and up and replacing them with younger employees.

Then, the HR department should warn the manager that this is against the Age Discrimination in Employment Act.

Therefore, option C is correct.

Learn more about the Employment Act, refer to:

https://brainly.com/question/13793187

#SPJ2

Answer: The idea is illegal under the Age Discrimination in Employment

Act.

Explanation: Just took the test

What is an example of flame

Answers

Answer:

The definition of a flame is burning gas, fire or blaze, or a strong passion. An example of a flame is a fire from a lighter. An example of a flame is an intense desire for a particular person.

Explanation:

Answer:

flame is burning gas, fire or blaze, or a strong passion. An example of a flame is a fire from a lighter. An example of a flame is an intense desire for a particular person.

Flaming is the act of posting or sending offensive messages over the Internet. These messages, called "flames," may be posted within online discussion forums or newsgroups, or sent via e-mail or instant messaging programs. ... Flaming often leads to the trading of insults between members within a certain forum.

Explanation:

How can you use feedback from your clients?
a. To practice reflective listening
b. To improve your effective communication
c. To improve your trust and rapport with your clients
d. To improve your skills and craft

Answers

the answer is d : the last one

Which descriptions offer examples of Maintenance, Installation, and Repair workers? Check all that apply.

Andy uses heat and tools to shape glass.
Mana sets up and takes care of industrial machinery in a factory.
Emma fixes medical equipment.
Pablo makes parts for precise tools and equipment.
Colin cuts keys and repairs locks.
Cynthia supervises workers who operate machinery in a factory.

Answers

Answer:

B, C, E or 2, 3, 5

Explanation:

Hope this helps!! Have a great day!!

Answer:

B,C,E or 2,3,5

Explanation:

2. Mana sets up and takes care of industrial machinery in a factory.

3. Emma fixes medical equipment.

5. Colin cuts keys and repairs locks.

The fact that multiple generations often work together in family businesses provides which of the following advantages? A) They will have equal skills with technology B) Family dynamics will play a part in business relationships C) perspectives of diverse clients are more likely to be taken into consideration D) Family members from different generations are more likely to get along

Answers

Answer:

Explanation: B) Family dynamics will play a part in business relationships.

distribution supports which elements of the marketing mix strategy
a. place
b. price
c. product
d. promotion

Answers

Answer:A.place

Explanation:jus took the quiz

Answer:

place

Explanation:

just took the test

Complete the following sentence. Remember to spell correctly.
The market is in ___
until the price of goods reflects equal supply and demand.

Answers

The market is in Disequilibrium until the prices of goods reflects equal supply and demand.

List two things you could do now to further explore the career clusters you are interested in.

please help will give brainliest ​

Answers

-Reading and Researching. First, I strongly recommend that you create a separate and labeled folder for each of your top ten career/job options. ...

-Networking and Informational Interviewing

-Gaining Relevant Experience

Answer:

study the sybjects i wnt to do and pass the exsams

Explanation:

Telling customers that they only have until midnight to get sale prices is an appeal to

A. ethos.

B. logos.

C. pathos.

D. kairos.

Answers

Answer:

D. kairos.

Explanation:

Telling customers that they only have until midnight to get sale prices is an appeal to kairos.

Answer:

It's d

Explanation:

_____ is a team behavior demonstrated by performing the tasks assigned to your team role.


Participating

Sharing

Respecting

Questioning
THE ANSWER IS PARTICIPATING

Answers

Participating is answerrrrrr

Worth 30 Brainly points

Which of the following reflects the application and scope of the Uniform
Guidelines on Employee Selection Procedures?

A. Provide standards for proper testing and other selection
procedures to help organizations comply with federal prohibitions
against discrimination.

B. Apply only to selection procedures used for making employment
decisions, not to recruitment procedures.

C. Apply only to those identified in Title VII. They do not apply to the
restrictions against age discrimination or discrimination based on
disability

D. Apply specifically to employment decisions such as hiring,
promotion, demotion, membership, licensing and certification.

Answers

Answer:

A

Explanation:

what's the language spoken in Egypt?​

Answers

Answer:

Modern Standard Arabic

Explanation:

Answer:

Arabic thats the language of egypt because most them are Islamic

Scenario #1
You get a weekly allowance of $30 from your parents that is automatically transferred into your checking account. Tomorrow you are going to see a movie with your best friend which you often do. Your movie ticket and snacks cost $22, What is the best payment option for this scenario?

Questions:
Will you use cash, check, Prepaid card, Debit card, Credit card or P2P?
Why did you choose that payment option?
What are other possible payment decisions you can make?

Answers

I will use a debit card because my parents add my allowance to my checking account. Other possible payment decisions I can make are to use a check.

The correct option in the given scenario is to use the debit card because the interest rate in the checking accounts is low, and the another method to another method for payment is checks.

What is debit card?

A debit card is a kind of credit card. Means that the money can be withdrawn or the cost of acquisitions pay off straight from the holder's bank account without any payment of interest.

It is used in the checking accounts for the withdrawing of money, without giving the payment of interest. It is the simple and more quick way to make payments in comparison to the another cards and instruments.

The payment can be made by the other possible payment decisions like checks.

Therefore, debit card is mostly used by the checking account holders.

Learn more about the debit card, refer to:

https://brainly.com/question/1169716

What information about the competition would an entrepreneur want to open a house-cleaning business that was based upon a price-competition marketing strategy?

Answers

Answer:

The information regarding the competition that an entrepreneur would like to have to establish a business based on a price competition with other companies would be, precisely, the price at which they offer their products or services, as well as the price at which they get the inputs they use.

Thus, through this information, the entrepreneur could establish a business plan taking into account the profit margins of his competition, evaluating lowering the margins of his venture in order to capture a large market share, removing it from the competition.

Someone asked me "hru" but I dont feel anything rn. Like, I don't feel good, bad, OR in between. What do I say?

Answers

Answer:

Maybe ask them how THEY are doing

Explanation:

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