A 473-foot, 7000-ton World War II troop carrier (once commissioned as the SS Excambion) was sunk in the Gulf of Mexico to serve as an underwater habitat and diving destination. The project took 10 years of planning and cost $4 million, which was spent equally at $400,000 in years 1 through 10. Fishing and recreation activities, estimated at $270,000 per year, will begin in year 11 and are expected to continue in perpetuity. Determine the rate of return on the venture using (a) tabulated factors.

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false