Business, 27.02.2020 02:46, ELIZABETH7777
The future value (F, in dollars) of P dollars invested today in the stock market is given by F=P(1+r)^t where r is the annual rate of interest earned by the investment (in percent) and t is the number of years the investment is allowed to grow. If I have $25,000 to invest today in a mutual fund that expects to earn 8% interest per year, how many years will it take for the fund to grow to $2,000,000?
Answers: 2
Business, 22.06.2019 07:20, staxeeyy767
Richardson hired j. c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j. c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."
Answers: 1
Business, 22.06.2019 10:20, LadyHolmes67
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
Answers: 1
Business, 22.06.2019 10:40, charlesrogers38
What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk
Answers: 1
The future value (F, in dollars) of P dollars invested today in the stock market is given by F=P(1+r...
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