Using the Rule of 72, calculate how many years it will take to double an investment of
$1,000 given the following interest rates.
a. 2% interest rate
b. 5% interest rate
c. 7.5% interest rate

Answers

Answer 1

Answer:

see below

Explanation:

As per rule 72, it takes (72/interest rate to double the investment.

I.e., The time taken to double an investment= 72/ interest rate

To double 1000, it will take  2%

= 72/2

=36 years

At 5%

=72/5

=14.4 years

At 7.5 %

=72/7.5%

=9.6 years

Answer 2

Answer:

it would be c

Explanation:


Related Questions

Which of the following statements about investing is TRUE?
1. Investing is a guaranteed way to make money.
2. Investing is best for short-term financial goals.
3. Investing is riskier than putting money in a savings accounts.
4. On average, putting money in a savings account earns a higher return than investing money in the stock market.

Answers

Answer:

3. Investing is riskier than putting money in a savings accounts.

Explanation:

Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.

Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.

Name two things that can happen during a strong earthquake

Answers

Answer:

An earthquake damages buildings and land, Violent shaking from an earthquake collapses buildings, which causes the most deaths and casualties, and destroys power lines and ruptures natural gas supply lines, causing fires. Land can also collapse or pull apart, causing more buildings to fall

Explanation:

g00gle

5) Si tuvieras que hacer un presupuesto de Ingresos y uno de Gastos ¿Cuál harías primero y que te sirva de base para hacer el otro? Explica tu respuesta

Answers

Answer:

Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.

Si, en cambio, organizara mis gastos antes que mis ingresos, me vería limitado posteriormente a realizar algunos gastos dado que no habría contemplado mi liquidez financiera mensual.

explain external economics and external diseconomics​

Answers

Answer:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity , there is an external diseconomy . If the benefits of an activity exceed its marginal cost , there is an external economy .

Explanation:

Thaats whaaat upp

Explanation:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity, there is an external diseconomy. If the benefits of an activity exceed its marginal cost, there is an external economy.

What should you do when you have multiple goals that conflict with each other?

Answers

probably drop one of the goals or find a different time to do it

What is a loan?

I put:

A loan is when you borrow money temporarily from someone with the promise of paying it all back.

and got 100%

Answers

Answer:

see below

Explanation:

A loan is when one party receives money from another and promises to pay it back with interest. A person, firm, or country will seek a loan from a lender with a promise to repay within a specified period and with interest. The interest paid becomes the cost of the loan.

Taking is a loan is similar to borrowing money.  The loan amount is equivalent to the amount borrowed.

Which sentence best paraphrases the passage?

Immigrants were examined for physical and mental illnesses.
A doctor’s examination was a quick process.
The doctors were from the United States Health Service.
One doctor looked for physical and mental abnormalities.

Answers

Answer:

A). Immigrants were examined for physical and mental illnesses

Explanation:

Answer:

a

Explanation:

What is globalization?

Answers

Globalisation is the growing interconnectivity of the world through the use of trade, travel and media.

When is it productive to set up a folder system for filing emails?
A. when you have more than twenty emails at a time in the Inbox
B. Always
C. Only if you receive at least 100 emails per week
D. When you want to be able to save and locate emails easily

Answers

The most likely answer here is D

It is productive to set up a folder system for filing emails when we want to be able to save and locate emails easily. The correct option is D. 

Folders let us organise and divide our files. If we didn't have folders on our computers, all of our papers, programs, and operating system files would be in the same location. Folders also allow us to have many files with the same name. If all of our files were in one location, each one would require a unique file name.

Therefore, it is useful to to set up a folder system for filing emails which helps us to locate emails easily and quickly.

Learn more about folder, here:

brainly.com/question/14472897

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Time management is primarily act of using time

Answers

Answer:

Yes it is. I agree with you

Explanation:

Explain why it is important to have some goals when developing a budget plan?

Answers

Answer:

U might go broke on tha cash

Explanation:

The effect acids have on most metals is called _____.
dehydration coating corrosion ionization Automobile batteries contain _____. sulfuric acid hydrochloric acid acetic acid carbonic acid

Answers

Answer:

yes sir uryan

Explanation:

how long had they been marriage ?​

Answers

Answer:

8 years

Explanation:

If you were to apply for an administrative personnel position, what might you explain about yourself so that you sound qualified for the job?

“I am good at coming up with meal plans for the office.”

“I am good at filing and organizing paperwork.”

“I am good at replacing light bulbs when they burn out.”

Answers

i am good at filing and organizing paper

Answer:

b

Explanation:

someone help me. i have no clue oml

Answers

Answer:

Get a dice and roll it.

Explanation:

Think back to Middle School (6th, 7th, and 8th grade and possibly 5th). What are some possible challenges teachers face when working with this age group? How would you encourage the love of learning as a teacher to this age group?
can some one plss help me??​

Answers

Tell them all of the positive aspects of teaching rather than the negatives
a lot of kids are still very immature and act out for attention, the attention part is mostly their fault, it’s probably the only moment he receives it. a way this could be manage or help control this is by incorporating rewards for the 5th-7th and by the time they’re in 8th, a majority would already be matured. A way to get them to love the learning would be making easier ways to learn something, no one likes learning a hard topic in a hard way

Why price will be low in a market economic system?
Other than competitors

Answers

Answer:

In a market economy Price is determined by demand and supply, for example when there is a low price for a good it means the demand is low. However in market economy price for abundant goods never gets high to a critical point due to the fact of consumer sovereignty environment which consumers are the rulers for suppliers.

please urgent please help

The Johnson Manufacturing Co. has an annual operating budget of $750,000. Each year it budgets for the following expenses: pollution control equipment, $37,000; contributions to community projects, $22,500; employee fitness/sports programs, $7,500.

What percentage of the annual budget if allocated to each socially responsible action (pollution control, community projects, fitness/sports)? What is the total spent?

Answers

Answer:

See below

Explanation:

The percentage allocated to each socially responsible action

1. pollution control

The amount allocated is $37,000

The total budget is $750,00

The percentage = $37,000/$750,000 x 100

=0.0493333 x 100

=4.933%

2. community project

Amount allocated=22,500

As a percentage = 22,500/750,000 x 100

=0.03 x 100

=3%

3. Employee fitness

Amount allocated= $7500

As a percentage

=$7500/$750,000 x 100

=0/01 x 100

=1%

The total amount spent

=, $37,000 +$22,500 +$7,500.

=$67,000

1) The Johnson Manufacturing Co. has an annual operating budget of $750,000. Each year it budgets for the following expenses: pollution control equipment, $37,000; contributions to community projects, $22,500; employee fitness/sports programs, $7,500.

a) What percentage of the annual budget if allocated to each socially responsible action (pollution control, community projects, fitness/sports)? What is the total spent?

Answers

Answer:

See below

Explanation:

The percentage allocated to each socially responsible action

1. pollution control

Pollution control has been allocated is $37,000

As a percentage

= $37,000/$750,000 x 100

=0.0493333 x 100

=4.933%

2. Community project

community project has been allocated $22,500

As a percentage

= 22,500/750,000 x 100

=0.03 x 100

=3%

3. Employee fitness

The amount allocated to employee fitness is $7500

As a percentage

=$7500/$750,000 x 100

=0/01 x 100

=1%

4. The total amount spent is

=, $37,000 +$22,500 +$7,500.

=$67,000

Which of the following statements below lists the rules of entering transactions into the accounting equation?

Answers

Answer:

where is the stuff its just the question

Explanation:

The assets should always match the total of the equity and liabilities, and the accounting equation needs to be in balance. Thus, option D is correct.

What are transactions?

A transaction can be defined as the process where money, product, services, or anything is being transferred from one person to another person.

Selling, buying, receivables, and reimbursements are major categories of monetary operations that have an effect on the firm business and its balance sheet

According to the accounting rules and regulations, it is said that there are two columns that are the assets and the liabilities and every transaction has at least two effects. Also if in the end, the asset, and liabilities side does not match then reconciliation needs to be made. Therefore, option D is the correct option.

Learn more about accounting equations, here:

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The question is incomplete, The option will be:

a. The accounting equation can be out of balance only when payment will be received at a future date.

b. An asset account and a liability account are always affected.

c. Transactions entered into the accounting equation must involve cash and an equity account.

d. The accounting equation must always remain in balance so that assets always equal the sum of liabilities and equity.

Which item is important to consider when selecting a
credit card?
Annual Percentage Rate (APR)
Fees
The look of the credit card
th
Both APR and fees

Answers

Answer:

Both APR and fees

Explanation:

The Annual Percentage Rate -APR is the interest rate a customer pays on a credit card per year. Credit cards extend loans to the holder every time they are used. If the credit card user does not pay the full amount on the due date, it attracts interest charges. The higher the APR, the more interest a cardholder will pay. In selecting a credit card provider, APR is the most important factor to consider.

Credit card attracts other fees other the interest. These fees include Balance Transfer Fee, Foreign Transaction Fee, Annual Fee, and Cash Advance Fee. These fees affect the customer's overall cost of using the credit card.  Customers should compare different credit card companies and select one with favorable fees.

Please help me. I’m struggling. I will mark you as brainliest !!

These questions are written to help you better understand the material. Take the time to answer them carefully Identify the type of business described in the following scenarios:
a) Rosa and Miranda own a food truck together. They make business decisions together and
share all profits and liability. What type of business do they run?

Answers

Answer:

it is partnership

Explanation:

hope that helps

20 POINTS AND NEED HELP FAST. You are trying to solve a problem with a computer system but cannot figure out what is wrong. You want to demonstrate your ability to collaborate. What should you do? (choose all that apply)

ask the opinions of your boss and coworkers

try alternative suggestions from coworkers

work alone to solve the problem, demonstrating your ability to concentrate

Answers

Select these two answers:

Ask the options of your boss and coworkers
Try alternative suggestions from coworkers.

Answer:

ask the opinion of your boss and co-worker

Explanation:

ask the opinion of your co worker and boss because it show how you can demonstrate communicate with othere people

Please help. I’m struggling. 20 points !!!!

To propose the idea of creating a partnership with another business, you will need to prepare
a formal business letter to send to the owner of Great BBQ, Hank White. This proposal should
introduce the following ideas:
Forming a partnership would allow both restaurants to sell the other's product and
merchandise.
The partnership would expand both of our businesses and customer base.
.
A more detailed meeting and presentation will follow if Great BBQ is interested.
Prepare a business letter to send to Great BBQ. (8 points)

Answers

Answer:

The letter could be somewhat like this:

Dear Hank White, CEO of Great BBQ

I am John Smith, I am the CEO of a meat distributor. I specialize in prime cuts like New York Ribeye, Tenderloin, and Wagyu Beef with the best Japanese Technique.

I am sure that as business partners, we both could do better than we do right now. I have the best raw material for your restaurant business, and you have the BBQ expertise and knowledge.

I would appreciate if you considered this letter, you can call me any time if you want to discuss further, or write me an email-.

Sincerely

John Smith

Do you think two different leadership styles can get along on a project? Why or why not? (Take your time)

Answers

Answer:

IT depends

Explanation:

In the world today there are many of countries allied together who work day i and day out to help each other, even if they have different leadership styles. But some countries decide not to, because of what they personally think of the other. So it's not that they can or can't get along it's that they can but they have to have some sort of positive relationship

Hope this helps :)

Which of the following is a disadvantage of recruiting current employees?
Sometimes viewed as unethical
O Limits opportunities for bringing new ideas to a company
O Training could be more extensive and costly
O Requires frequent updates of job openings

Answers

Answer:

O Limits opportunities for bringing new ideas to a company

Explanation:

Recruiting current employees is the sourcing of new workers from the current workforce. It is also known as internal recruitment. Recruiting of current employees contrasts with external recruitments where a business advertises for vacant positions to the general public.

Recruiting from internal sources denies the business an opportunity to get workers with different experiences. External workers bring new ideas and new experiences to a business.

what are pathways designed for ?

Answers

like business pathway or architect pathway, cause of its business it basically helps keep you on track for when you decide to own/run/start your own business without taking unnecessary classes that won’t help you in the future. In grade 10 you take a business related class and in grade 11 you focus on marketing and finance

The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625

Answers

Answer:

$2,625

Explanation:

Interest is calculated using the formula

I = p x r x t

For Galindo family

I= interest,

P = principal amount : $10,000

r= Interest rate: 7.5 % or 0.075

t= times in years : 3.5 years( 42 months /12)

I= $10,000 x 0.075 x 3.5

I=750 x 3.5

I=$2,625

NEED ASAP PLEASE
Select the correct text in the passage.
Hussein is writing a response rejecting a customer’s request for a product replacement. Select the text in the passage that shows the reasons he gives for the negative message.

Thank you for writing to us regarding your request for a replacement fan.

To guarantee customer satisfaction, we extend a warranty of 90 days on this product for all our customers. If returned within 90 days, we offer replacements free of charge.

Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement.

As an alternative, we can offer a 20 percent discount on any other product you wish to purchase from our store. We look forward to doing business with you again.

Answers

Answer:

Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement

Explanation:

Hope it helps!

A pharmacy technician is:

someone who prepares meals for people who are taking medication.

someone who cleans up after a doctor.

someone who assists with measuring medication.

Answers

Answer:

someone who assists with measuring medication

Explanation:

A pharmist will ask you what your medication that is prescribed by doctors

then an pharmacy tecnician will get the prescribition ready

Answer:

c

Explanation:

Other Questions
Choose one of the animals listed on the page, and write a brief description of its characteristics. Be sure to discuss any ways the animal has adapted to its environment. 88 students for 4 classes how many students per class? Help plz:)))Ill mark u Brainliest If 0 = 35, then solve for X.9Round to the nearest hundredth. Please help at least one Number it please!!!! Which sentence most clearly describes a theme?O A. Romeo's affection for Juliet is forbidden.O B. Characters' actions illustrate their values.O C. Beauty is superficial and often fleeting.O D. Storms represent danger in many stories. 1). How is litter harmful to wildlife?2.) How are bottom trawlers damaging Earth's oceans?3.) How has the peregrine falcon adapted its nesting behavior.4.) What "weed" is vital to the survival of the monarch butterfly? write about a dinning place that you have visited in your hometown use some of the vocabulary that you have learned: me gusta, no me gusta, auto servicio, propina, reserva,camarero What are the coordinates of point A?I will give brainliest:) D. The _____________________ converts food into energy. It is found in both plant cells and animal cells. Thomas calculates the volume of an object by multiplying the measurements 1.74 cm x 2.3 cm x 3.09 cm. Using significant figures, how should the answer be reported? unit rate for $112 in 8 hours The effective operation of a firm and its supply chain is more important than the design and implementation of its processes. True False 17.URGENT Can someone please help me? Find the value of x.ZY11x 1080WX Sophie had two different coupons for the book store, 15% off coupon or the $2.50 off coupon. The store only allows you to use one coupon at time. The book she wanted was $12. Which is a better coupon for sophie to use and why I need help quick please!!!! Solve for x:9x - 3-8x = 7 - XO A. x=-7B. X = -2oC. x = 4oD. X = 5I need help ASAP Which of the following are NOT protected by your Free Speech ("not protected"means you could be punished for doing it) All that apply. *PatriotismTime, Place, MannerFighting wordsRacismObscenity / VulgarityDisagreements with politicians *IF YOU DO NOT HAVE TIME TO READ AND WRITE DON'T ANSWER THIS*Ello this is a story prompt if you would like to write a story just answer with one and whoever has the best story gets brainliest! Have fun!!! (please abide by the rules ty)rules:-has to be PG-Same thing as the last but to clarify, no cussing-not just a few paragraphs (like a full story)-use your imagination!!!-has to be in third person-ik ppl like ships but no ty TvTStory PromptIt is March 15, in the year 2514. The people of former New York are in desperate circumstances. They are being overrun, and they are losing hope. The banners proclaiming a Free the Real NYC lie in the gutters, trampled by terrified and panicked citizens. Two teens are on their way home from a secret meeting. As they walk in the shadows to avoid detection, they both trip on a huge titanium cylinder. Etched into the surface is a series of scratched-out words. The only words they can make out are, "he will prevail." They drag the heavy cylinder into a hidden alleyway and twist it open. The glow from their flashlights reveals the contents of the cylinder. With gasps of relief, they look at each other with hope in their eyes for the first time in years.Think about these ideas as you write your story:How much time has passed since the news article was published?Who are these teens? What are their names? What are they like?What was the secret meeting about?What is their conflict?What is going on in NYC in 2514?Who is working against them?What do they learn at the end of the story?:D