Jack invests $6,000 at age 28. He hopes the investment will be worth $300,000 when he turns 60. If the interest compounds continuously, approximately what rate of growth will he need to achieve his goal? Round to the nearest tenth of a percent.

Answers

Answer 1

Answer: 12.12 percent

Explanation:

Answer 2

Answer:

12.2%

Explanation:


Related Questions

The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.

Answers

Answer:

1. 60 Tyres

2. 80 Gas Turbines

Explanation:

Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.

Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.

At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.

multiple choice-- economics
A visit to your doctor's office might reveal another, or several, doctors maintaining separate practices in the same building. These doctors may have combined their efforts to form what kind of business?

Corporation

Partnership

Franchise

Sole proprietorship

Answers

Answer:

Partnership

Explanation:

A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together.

There are two (2) main classes of partnerships and these includes;

1. General partner: it is a type of partnership in which two or more people come together and have an agreement to do business by sharing profits, assets, debts or financial and legal liabilities.

2. Limited partner: it is a type of partnership in which people come together and have an agreement to do business but the involved partners only contribute financially and solely responsible to the amount of money they invested.

In this scenario, there are several doctors maintaining separate practices such as dentistry, paediatric, gynaecology, etc., in the same building.

Thus, these doctors may have combined their efforts to form a partnership business because they all share in the successful operation of the business and assume liability for any business debt owed.

The Maximin Criteria is equivalent to O choosing the best among the highest outcomes. O choosing the Nash equilibrium O choosing the best among the worst outcomes O none of these answers is correct O choosing the dominant strategy

Answers

The correct statement is that the Maximin Criteria is equivalent to choosing the best among the worst outcomes, focusing on minimizing potential losses or ensuring a satisfactory outcome even in unfavorable situations.

The Maximin Criteria is a decision-making principle commonly used in game theory and decision theory. It involves selecting the best option by considering the worst possible outcome or minimizing the maximum possible loss.

The Maximin Criteria is equivalent to choosing the best among the worst outcomes. It focuses on ensuring the best possible outcome in the worst-case scenario. By considering the maximum possible loss or minimum payoffs in a decision or game, the Maximin Criteria aims to protect against potential risks or unfavorable circumstances.

This principle is particularly useful when decision-makers are risk-averse and prioritize minimizing potential losses over maximizing gains. It helps to identify strategies or choices that provide a satisfactory outcome even in the least favorable conditions.

In contrast, the other options listed are not accurate descriptions of the Maximin Criteria. Choosing the Nash equilibrium refers to a concept in game theory where each player's strategy is optimal given the strategies chosen by other players. Choosing the dominant strategy refers to selecting the best option regardless of the actions taken by other players.

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There are things that will disqualify a person from police service. Drug use beyond "experimentation" will likely disqualify a person. Which best describes "experimentation" by hiring standards?
Using heroin once after the age of 21.

Using marijuana less than 10 times as a teenager.

Using marijuana on weekends after age 21.

Using another person's prescription drugs for recreation.​

Answers

Answer: Using heroin once after the age of 21

Explanation:

I did a quick look up and I belive this is the answer. Hope it helps

An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after a(n) ______ audit.

Answers

An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after an indepenfent audit.

What is independent audit?

An independent audit  can be described as the examination of the financial records, as well as the accounts, business transactions, accounting practices, as well as the internal controls of a charitable nonprofit by an "independent" auditor.

It should be noted that the  evaluation and unbiased opinion of the accuracy of a firm's financial statements is oner od the thing that can be associated to the indepenfent audit.

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Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?

A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate​

Answers

C, otherwise there is no reason to go
i think it would be a bit i’m not for sure yet

A corporate bond pays interest annually and has 4 years to maturity, a face value of $1,000 and a coupon rate of 3.8%. The bond's current price is $1,007.33. It is callable at a call price of $1,050 in one year.
- What is the bond's yield to maturity?
- What is the bond's yield to call?

Answers

The Bond’s yield to maturity represents the total return an investor can expect by holding a bond until its maturity date. The yield to call, on the other hand, measures the return if the bond is called before maturity.  

Yield to Maturity (YTM) is the total return anticipated on a bond if it is held until its maturity date. It represents the average annual return the investor will earn from the bond's coupon payments and any capital gain or loss upon maturity. YTM is calculated by solving the present value equation for the bond's price.

Yield to Call (YTC) is the yield that will be earned if the bond is called before its maturity date. It represents the total return an investor will earn from holding the bond until it is called. YTC is calculated by solving the present value equation using the call price as the future value instead of the face value.

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What is telemarketing?

Answers

Answer:

Using the telephone or the Internet to promote products or services to prospective clients is known as telemarketing. Outbound calls, inbound calls, lead generation calls, and sales calls are the four most prevalent types of telemarketing calls.

Explanation:

Hope it helps:)

Definition : A telemarketer makes phone calls on behalf of the company to provide information about products and services to potential clients. When interviewing telemarketers the successful candidate will have a positive attitude with excellent sales skills.

What is a Telemarketer?

Telemarketers, also known as sales representatives, sell products or services over the telephone or through web conferencing. They usually work in call centers or at home for third-party call center companies. Additional responsibilities include: ... Contact potential and current customers to promote products or services.

What is a telemarketing in business?

Telemarketing is the direct marketing of goods or services to potential customers over the telephone, Internet, or fax.

What is telemarketing example?

Definition and examples. Telemarketing usually means contacting customers and potential customers by telephone, but can also include using fax or the Internet. Direct mail and face-to-face meetings are not part of telemarketing.

Hope this helps : )

What should the West be doing to keep healthy economies? What are their options?

Answers

To keep healthy economies, the West should consider a range of options, including increasing investment in education and infrastructure, promoting innovation and entrepreneurship, implementing sound fiscal policies, and pursuing free trade agreements.

These measures can help to boost productivity, create jobs, and enhance competitiveness in a globalized economy.

One key area of focus should be education and skills training. Investing in education and vocational training can help to develop a skilled workforce that is better equipped to meet the demands of the modern economy. Additionally, infrastructure investments can help to enhance connectivity, reduce transportation costs, and improve access to markets.

Innovation and entrepreneurship are also critical drivers of economic growth. The West should prioritize policies that encourage and support new business creation, research and development, and the adoption of new technologies.

Finally, sound fiscal policies, including responsible debt management and balanced budgets, are essential for maintaining economic stability and growth. Pursuing free trade agreements can also help to boost international trade and investment, while promoting competition and innovation. By implementing these measures, the West can create a strong foundation for long-term economic success and prosperity.

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Retrenching to a narrower diversification base is Group of answer choices a strategy that allows a diversified firm's energies to be concentrated on building strong positions in a smaller number of businesses rather the stretching its resources and managerial attention too thinly across many businesses. Sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation. A strategy best reserved for companies in poor financial state. An attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit. Usually the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth

Answers

Retrenching to a narrower diversification base is the most attractive long-run strategy for a broadly diversified company.

What is diversification?

It should be noted that diversification simply means an investment strategy that's used to reduce risk in business.

In this case, retrenching to a narrower diversification base is the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth.

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Which level of regional economic integration best describes the new free trade agreement in North America currently referred to as USMCA? Multiple Choice
trade union
common market
free trade area
economic union
customs union

Answers

c) Free trade area is a level of regional economic integration best describes the new free trade agreement in North America currently referred to as USMCA.

About Regional economics

Regional economics analyzes a region as a whole or looks at various regions based on various potentials and how to regulate a policy that can accelerate the region's economic growth.

The central government gives authority to regional governments to regulate their own territory with several applicable provisions. It aims to maximize the potential of the existing area so as to create a new job field and can improve the region's economy.

However, the reality shows that the conditions in each of these areas are not the same, the availability of different infrastructure, the skills of the workforce or HR (Human Resources) are not the same, the population density is different, and so on. Thus, various economic activities that are suitable in one region are not necessarily suitable to be implemented in other areas

Therefore, for this question the correct answer is c) free trade area.

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A(n) _____ identifies how you feel about an activity or subject.

Answers

Answer:

Survey

it questions and identifies how you feel about an activity or subject.

Answer: interest theory

took it on edg.

If a family planned to spend $370 for food during March but only spent $348, this difference would be referred to as a:

Answers

Answer:

Surplus

Explanation:

Given:

Family planned to spend = $370

Amount spend = $348

Find:

Amount of surplus

Computation:

Amount of surplus = Family planned to spend - Amount spend

Amount of surplus = $370 - $348

Amount of surplus = $22

A surplus is the quantity of an item or resource that is greater than the amount that is actively used.

what is a table in economics and state 5 characteristics of a table​

Answers

A table is a systematic arrangement of data implementing columns and rows to display information which make it easier for better understanding.

Table number: A table should always be numbered for easy identification

Title of the table

Stubs: These refer to the headings of horizontal rows.

Captions: these refer to the headings of vertical columns

Clear, to the point and a suitable font/ size for the text. Information must be inserted in the same format into the appropriate cells

Write any three differences between indigenous or local technology and modern technology.​

Answers

The following five distinctions exist between modern and local technology:

Local technology

1. Local technology refers to the tool that people utilized in the past to facilitate their tasks.

2. The environment wasn't harmed by the use of conventional technology.

3. No energy crisis was noticed when conventional technology was used.

4. Local technology was predicated on guesswork and constraints.

5. The use of conventional technologies supported social cohesion and independence.

It was discovered that people once used water mills, steam engines, and ploughs for farming.

Modern technology:

1. Modern technology refers to the technological innovation used in the modern world.

2. The environment is polluted by the use of contemporary technology.

3. The energy crisis resulted from it.

4. The foundation of contemporary technology, in fact, experience, and analysis.

5. People are becoming more reliant on contemporary technology.

Modern technology includes, among other things, computers, powerful machinery, and automobiles.

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inflexible or unreliable processes cause organizations to produce goods before they are required; this is called .

Answers

The term that describes when organizations produce goods before they are required due to inflexible or unreliable processes is called overproduction. Overproduction can be a result of a variety of factors, including poor planning, ineffective supply chain management, and a lack of communication between different departments within an organization.

Overproduction can lead to significant waste, as goods that are produced but not needed end up taking up valuable space and resources. Additionally, overproduction can result in decreased profitability for an organization, as they are producing goods that may not be sold or used in a timely manner. To avoid overproduction, organizations must focus on creating flexible and reliable processes that allow them to adjust production levels based on demand, as well as implementing effective planning and communication strategies throughout the organization.

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2
Select the correct answer from the drop-down menu.
Which type of college credit program does the statement describe?
The
✓program is one of the more common ways to get college credit in high school. It includes an exam
that you must take at the end of the course.

Answers

Explanation:

The

✓program is one of the more common ways to get college credit in high school.

Adjusts the accounts at the end of each month. cruella's adjusting entry at the end of february should include a debit to rent expense in the amount of:________

Answers

After each month, adjust the accounts. Cruella's adjusting entry at the end of February should include a debit to rent expense for $100.

What is an adjusting entry?

Adjusting entries refer to a set of journal entries recorded at the end of the accounting period to have updated and accurate balances of all the accounts. The main purpose of adjusting entries is to communicate an accurate picture of the company’s finances. The management can have a proper look into the financial statements knowing that Everything that occurred during the month is reported, even if the financial part of the transaction would have been warranted to have occurred at a later stage.

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delta company reports the following year-end balance sheet data. the company's acid-test ratio equals: cash $ 60,000 current liabilities $ 94,000 accounts receivable 74,000 long-term liabilities 22,000 inventory 79,000 common stock 119,000 equipment 164,000 retained earnings 142,000 total assets $ 377,000 total liabilities and equity $ 377,000 a. 0.44
b. 1.43 c. 2.27 d.0.31
e. 0.69

Answers

The acid test ratio of delta company is 1.43.

The acid-test ratio, also known as the quick ratio, is calculated using the following formula:

Acid-test ratio = (Cash + Accounts Receivable) / Current Liabilities

Given the data provided for Delta Company:

Cash = $60,000
Accounts Receivable = $74,000
Current Liabilities = $94,000

Now, we can calculate the acid-test ratio:

Acid-test ratio = ($60,000 + $74,000) / $94,000 = $134,000 / $94,000 = 1.43

Therefore, Delta Company's acid-test ratio equals 1.43 (Option B).

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corporate governance needs to address the issue of adverse selection, which describes the difficulty for the principal to know whether the agent has put forth his/her best efforts. group of answer choices true false

Answers

The statement "Corporate governance needs to address the issue of adverse selection, which describes the difficulty for the principal to know whether the agent has put forth his/her best efforts" is True.

Corporate governance is a system of regulations, practices, and procedures that are used to direct and regulate an organization's operations.

Corporate governance also addresses the relationships between the board of directors, management, and shareholders, ensuring that businesses comply with regulatory requirements and internal rules.

Adverse selection is an economics concept that relates to the relationship between asymmetric information and the transaction of goods and services.

This theory states that a lack of information regarding a service or product might result in adverse decisions, leading to negative repercussions.

When there is a lack of information, corporate governance must address issues that might arise when making decisions. The issue of adverse selection refers to a situation in which the principal does not know whether the agent is doing their best to achieve the organization's objectives.

The principal is unable to keep track of the agent's actions since they are not aware of the agent's operations. Corporate governance must ensure that the agents act ethically and efficiently while also ensuring that the principals are aware of the agents' activities.

Corporate governance can help to reduce the impact of adverse selection by creating a framework of rules that agents must follow, and the results must be reported to the principal regularly.

This structure enables the principal to monitor the agents' activities, increasing the likelihood of a positive outcome.

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he marketing plan is a comprehensive, written framework for strategically obtaining marketing objectives. a sport marketing plan can be written for a single sport product/service, a group of products/services, a new promotional strategy, or an entire sport organization.

Answers

Sport marketing gives a captive audience constant, prolonged exposure throughout an event. Given that most sporting events last between two and four hours, the lesson is more likely to stick.

What is the plan for sport marketing?

The use of sporting and sports-related events to advertise a company, brand, or product is known as sports marketing. Using this strategy, marketers can use sports' appeal and popularity to draw attention to their company or product. The marketing and promotion of live sporting events is also included in the category of sports and entertainment marketing.

What is a framework for marketing planning?

A marketing strategy framework outlines how you'll carry out your marketing strategy and communicate with your audiences in a way that will support the accomplishment of your marketing objectives. It frequently serves as a model or visual illustration of what you hope to achieve.

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Why did Guardbark want people to not disturb the trees?

Answers

Trees give oxygen, this helps living things survive and although people don’t think about it much trees are very important for our survival, they help us and other living things breath and survive

He wanted the trees to be left alone because they give us oxygen and are the habitats of lots of diverse species.

Why trees are important?

Over 80% of the world's terrestrial biodiversity may be found in trees, which also help clean the air we breathe, filter the water we drink, and offer habitat. Over 1.6 billion people have worked thanks to forests, which also remove dangerous carbon from the environment and serve as a major component of 25% of all pharmaceuticals.

The existence of several huge creatures depends on trees. Trees are employed as sources of nutrition, shelter, and breeding grounds. Numerous animals also utilize trees as places to rest, build nests, and as vantage points from which to hunt or catch prey. Animals can benefit from delectable fruits and foraging possibilities when the trees reach maturity.

Thus, these were the reasons he wanted people to not disturb the trees.

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What managerial role does T. K. Kurien assume in his approach to attaining his division's goal of improved customer service

Answers

T. K. Kurien, an Indian chartered accountant and business executive can be said to assume the managerial role of: a change leader.

Who is a Change Leader?

A change leader can be described as someone who takes on the responsibility of leading and guiding a group of people to plan and implement changes.

They encourage and work with employees during the decision-making process.

Thus, T. K. Kurien, an Indian chartered accountant and business executive who understands the key importance of employee's contribution to an organization, can be said to assume the managerial role of: a change leader.

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How is the HRM function in your organization used to support the goals of the organization?.

Answers

The HRM function is responsible for creating a positive work environment. HRM professionals ensure that employees are treated fairly and equitably.

In most organizations, the human resource management (HRM) function is crucial in the strategic planning process. HRM professionals are responsible for aligning the organization's goals with its human resources. The HRM function helps the organization to attract, develop, retain, and utilize talent to meet its strategic goals.


The HRM function is responsible for identifying the organization's staffing needs and recruiting suitable candidates. The function ensures that the recruitment process is transparent, fair, and compliant with legal requirements.  

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Compare Chapter 7 and Chapter 13 of the Bankruptcy Code.
liquidate assets
develop payment plan
make payments over 3 years

Answers

Answer:

Liquidate assets- Chapter 7

Develop payment plan & make payments over 3 years- Chapter 13

Explanation:

If you are referring to the test on plato (edmentum) this is correct.

The comparison of the Bankruptcy Code according to the chapter 7 is liquidate assets and according to the chapter 13 is develop payment plan and make payments over 3 years.

What do you mean by the Bankruptcy?

A person or business may file for bankruptcy if they are unable to pay their debts or other commitments.

A petition is filed, either on behalf of the debtor, which is more often, or on behalf of creditors, which is less frequent, to start the bankruptcy process.

One significant distinction between Chapter 7 and Chapter 13 bankruptcy is that within a predetermined time period, Chapter 7 bankruptcy permits clients to totally discharge their unsecured debt. In contrast, Chapter 13 enables debtors to reorganize their debts while making partial payments on their debts.

Therefore, the comparison of the Bankruptcy Code according to the chapter 7 is liquidate assets and according to the chapter 13 is develop payment plan and make payments over 3 years.

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in the value chain, which of the following is an example of a primary activity? group of answer choices support employees manage company resources procurement human resources service customers

Answers

In Supply value chain, an example of a primary activity is company resources procurement. The Option B is correct.

What are primary activity in Supply value chain?

A value chain is a concept describing the full chain of a business's activities in the creation of a product or service -- from the initial reception of materials all the way through its delivery to market, and everything in between.

The value chain framework is made up of five primary activities -- inbound operations, operations, outbound logistics, marketing and sales, service -- and four secondary activities -- procurement and purchasing, human resource management, technological development and company infrastructure.

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[15 POINTS] Which negative quality does Deborah exhibit? Deborah believes that people of other nationalities are inferior to her. She treats them with disdain and does not miss an opportunity to abuse them. Deborah is a (BLANK) .

Answers

Answer:

rasit

Explanation:

i got it right on plato have a nice day!

Deborah is Xenophobic. Xenophobic are those who fear or hate those who have different nationalities, race, language etc.

Xenophobia

It is the fear and hatred for people who are percieved as aliens to the xenophobic person's culture, nation, language, race etc. Since Deborah view other nationalities as inferior, and treats them with disdain and abuse, it suggest that she hates people who, she thinks, are alien to her nationality. Therefore, the negative quality Deborah exhibit is the Xenophobia.

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Write a paragraph about the financial impact of the coronavirus on our country. What evidence have you seen?

Answers

Answer:

2.9 million more Americans have filed for unemployment, bringing the two-month total to more than 36 million. The US April unemployment rate has risen to a record 14.7%, with more than 20 million jobs lost last month.if more people keep being unemployed the world would be chaotic. And even worse millions can die from starvation and lose their homes.

Explanation:

QUESTION 6 of 10: You own an art supply store and the total sales in your trading area equal $17,500. Your store accounts for $6,000 of the total. In this scenario, $6,000 refers to your: O a) Price per unit b) Balance sheet O c) Margin O d) Market share​

Answers

Answer:

In this case, the $6,000 refers to your sales. If expenses and returns were deducted it will be your net sales. Sales refers to the activity of selling an amount of goods or services to consumers who enter your storefront. The goal is to make sure your sales are greater than all of our expenses to make sure you are turning a profit each month.

Explanation:

*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
O A. A factory in Vietnam can produce more shoes than other
countries.
O B. The total value of U.S. exports is lower than the value of the
country's imports.
O C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy.

Answers

Answer:

O A. A factory in Vietnam can produce more shoes than other

countries.

Explanation:

Absolute advantage is the capability of a commercial entity to produce goods using fewer resources compared to rivals. Using the same inputs, an entity with an absolute advantage produces a larger output compared to competitors. It means the firm has a lower marginal cost of production. Therefore, its products will have the lowest prices in the market.  

The factory in Vietnam has an absolute advantage in producing shoes. It is using fewer resources than rivals to manufacture shoes, that why it is producing a higher quantity.

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