A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its value after 7 years? Round the answer to nearest dollar.

Answers

Answer 1

Answer:

6,456

Explanation:

Substitute the given values into the formula: A=Pe^-rt, where A represents the future value and P represents the initial (current) value.

Answer 2

The amount of value after 7 years when the purchase value of the speed boat is $13,000 should be considered as the $6,456.

Calculation of the amount:

Since the speed bought purchase value is $13,000

The depreciation rate is 10% per annum compounded continuously

The time period is 7 years

So here the amount should be

= $13,000 * e^-0.70

= $6,456

hence, The amount of value after 7 years should be considered as the $6,456.

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Related Questions

As Jane was setting up her projector, she realized that the images on the screen appeared blurred. How would Jane sort out the issue by herself?
A.
check that the monitor is connected properly with the projector
B.
adjust the distance between the screen and the projector
C.
make changes in the system settings
D.
adjust the focus

Answers

D.

adjust the focus

make it not blury

write any 5 safety measures that should be followed while working at industry .​

Answers

Answer:

1- Personal protection for workers.

2- Health and safety signs and notices.

3- Prevention and protection for fires.

4- Protection devices and security systems.

5- Safety conditions in places where electricity represents a risk

Explanation:

What can be a benefit of using interviews to select employees to hire?
A. Insights from employees' examples
B. Accurate prediction of honesty
C. Good measurement of intelligence
D. Errors from employee bias

Answers

Answer:

B. Accurate prediction of honesty

Explanation:

Interviews are one of the most effective tools that human resource managers use to  determine if a candidate is a match or not for a specific job. Flexibility is the key word here.  That allows both the candidate and the interviewer, the possibility of understanding what are  the skills needed for a certain job and if the candidate possesses them. When someone  answers a test, you can tell if the candidate knows about the subject or not, but when he/she is interviewed, you can ask for more detail and examples that help clarify the candidate's  ideas, expectations and capabilities.  E.g. a candidate states that he/she knows how to use WordPress very well, and the interviewer can ask him/her about specific tasks to verify if that is true.

Answer:

A. Insights from employees’ examples

Explanation:

Just took the quiz.

What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers.
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority.
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers.
D. A market economy is determined by consumers and a command
economy is determined by central authority.

Answers

Answer:

D: A market economy is determined by consumers and a command

economy is determined by central authority.

Explanation:

Because command economy the government own the factors of production such as land, capital, and resources.

Which describes the purpose of non-sufficient funds fees? penalize customers for writing checks for money they don't have make sure customers keep sufficient funds in their account pay for the costs of having bank employees collect funds for withdrawals from a competitor’s machine

Answers

Answer:

A: penalize customers for writing checks for money they do not have

Explanation:

A bank reconciliation mainly computed by an accountant, gives the difference between the balance in relation to the bank statement and the cash balance with respect to the accounting records of the depositor in a particular financial institution.

In Financial accounting, a bank statement can be defined as an official summary or list of financial transactions, which typically comprises of the amount of money that has been paid into or withdrawn from an account by an individual or business entity over a specific period of time.

Generally, a bank statement usually has the following information charges, deposits, withdrawals, including the opening and closing balance for each account held at a given the period. Thus, bank customers are advised to frequently reconcile their records with bank statements in order to prevent non-sufficient funds (NSF) checks.

A non-sufficient funds (NSF) checks refers to a check that is not honored by the bank of the issuer due to the fact that the individual or business entity has an insufficient fund. It is also known as a bounced or bad check.

Hence, the purpose of non-sufficient funds fees is to  customers for writing checks for money they do not have. In the United States of America, the fee charged for non-sufficient funds (NSF) checks is between $27 to $35.

The purpose of non-sufficient funds fees is to penalize customers for writing checks for money they don't have.

Charges, deposits, withdrawals, as well as the starting and closing balances for each account maintained at a certain time period, are often included on a bank statement.

In order to avoid non-sufficient funds (NSF) checks, bank customers are encouraged to routinely reconcile their records with bank statements.

When a bank account does not have sufficient funds to support a payment, an NSF fee, also known as a non-sufficient funds fee, is charged.

A cheque that cannot be processed because the writer does not have enough money is referred to as a "bounced cheque."

Therefore, the correct option is "penalize customers for writing checks for money they don't have".

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Department M had 2,200 units 54% completed in process at the beginning of June, 11,100 units completed during June, and 1,300 units 29% completed at the end of June. The number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories is a.11,477 units b.12,777 units c.10,289 units d.8,900 units

Answers

Answer:

10,289 units

Explanation:

The equivalent units of production under FIFO method means the units that are being worked on during the year. Hence this is the reason why in calculating the unit costs we only consider current period costs and not beginning inventory costs.

Calculation of Equivalent units of Production for conversion costs  

To finish Opening Work In Process ( 2,200 × 46%)                       =   1,012

Started and Completed during the year (11,100 - 2,200) × 100 % = 8,900

Closing Work In Process (1,300 ×  29%)                                          =    377

Equivalent units of Production for conversion costs                      = 10,289

Which qualifications are especially useful for Business Financial Management careers? Check all that apply.

advanced math skills
knowledge of finance laws
research skills
knowledge of insurance systems
critical thinking skills
customer-service skills
leadership skills

Answers

Answer:

advanced math skills

knowledge of finance laws

research skills

critical thinking skills

There are some qualifications to meet so as to become a business manager.

The qualifications that are especially useful for Business Financial Management careers are:

Advanced math skillsKnowledge of finance lawsResearch skillsCritical thinking skills

Business Financial Management, the Skills and Qualifications that are often required are:

Bachelor's degree in business, management, or related field.A minimum of 3 years experience as a business manager or relevant managerial role.A work experience with business and strategy development processes. etc.

Some of the Career Options in Management are:

Marketing Manager. Sales Manager. Financial Manager. etc.

There are a lot of opportunities to grow one's career as a very skilled specialist.

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Which pathway would you find in the Agriculture, Food, and Natural
Resources Career Cluster?
O A. Quality Assurance
O B. Biotechnology Research and Development
O C. Natural Resource Systems
O D. Consumer Services

Answers

Answer:

O B. Biotechnology Research and Development

Explanation:

The agriculture, food and natural resources cluster comprise all careers related to the production of agricultural products. It includes farmers, scientists, veterinarians, bio technologists, extension officers, and many others. The cluster has skilled professionals who research and develop modern methods of improving agricultural productivity. Biotechnology Research and Development will fit into this role.

Answer: natural resource systems

Explanation:

6. Devonn has a checking account that charges $0.25 for each check written and a monthly service charge of $1200. Write a formule that Devenn can use each morth to find the fees he will be charged. Identify any voriable you use in the formula.​

Answers

Answer:

1200÷12 or 0.25×1200÷12 maybe? plz tell me if I'm right cuz I actually wanna know too

4. If your checking account's balance is
$3,678.89 and you withdraw $1,514, what
is the remaining balance?
A $2,164.89
B $5,192.89
C$2,614.89
D $3,678.89
(Step by step ) please

Answers

A. $2164.89
Basically just subtract, 3,678.89-1514 = 2,164.89

Imagine you know someone starting off in his or her first career. Based on what you learned in the module, what financial advice would you give this person and what challenges might he or she face?

Answers

Answer:

The most important and basic financial advice we can give to a person starting his career is to only spend as much as the person earns.

Explanation:

Because starting salaries tend to be lower than average, it is not very likely that this person will be able to save, but keeping a balanced personal budget will be very helpful anyway.

A second advice is to avoid debt on consumer goods, and only use debt for long-term investments like a house or a graduate degree. Credit card debt should be specially avoided because of the very high interest rates.

Finally, a third advice is that once this person earns enough to save, to look for safe financial instruments to put his or her money, like a mutual fund or a money market fund.

In a SWOT analysis, which two things represent external conditions and factors that may affect your company? A. Strengths and opportunities B. Weaknesses and threats C. Strengths and weaknesses D. Opportunities and threats

Answers

Answer:

The SWOT analysis is done by considering two factors i.e. internal factor and external factors. The external factors are the threat and opportunities which are provided from the outside. These external factors include technological change and socio-cultural change that can affect your company.

In early 2018 businesses bought more inventory, increasing GDP. What would happen

if consumers didn't buy those goods?

Answers

Answer:

If a company increases its final goods inventory level, that will increase the country's GDP even if the goods are not sold during the current period (they will be sold in future periods). Increases in inventory level are considered part of Investment component of the GDP.

If the inventories are not sold during the year (2018) and if they continue to be  unsold during part of 2019, that will negatively affect the GDP because fewer goods will be purchased to replenish these inventories and the market price of the goods will also decrease. The market price of goods is determined by the supply and demand. If the supply is much higher than the demand and inventories start to pile up, their price will decrease in order to increase the quantity demanded. If the volume of the goods in inventory is significant enough, this should lower the inflation rate.

Courtney is a senior in college and just started her first job as a sales associate. At her new job, she expects to make about $24,000 per year. She is excited to receive her first paycheck, which is given twice a month. Courtney learns that 15% of her gross pay will be withheld for federal income tax, 4% for state income tax and 6% for Social Security and Medicare taxes. Help Courtney figure out what her take home, or net pay is, and how much she will pay in taxes each paycheck.
State:
Social Security and Medicare:​

Answers

Answer:

Take home $750

Taxes =$250

Explanation:

Courtney earns $24,000 per year. She is paid twice per month. One year has 12 months. Courtney will be paid 24 times a year.

Courtney will be paid $24,000/ 24 times per paycheck

=$1000

Her deductions will be

1. Federal income tax 15% of 1000

=15/100 x $1000

=$150

2. State income tax

=$4% of 1000

=4/100 x 1000

=$40

3. Social security and medicare

=6% of 1000

=6/100 x 1000

=$60

take home will be gross pay - total deductions

=$1000-($150+$40+$60)

=$1000 -$250

=$750

Total taxes per pay check =$250

People are living paycheck to paycheck why is that a problem

Answers

Living “paycheck to paycheck” can be a problem because most of the time people would have no money in their savings account and you wouldn’t meet your financial problems if unemployed.

Choose all that apply. Select the differences between saving and investing. Investing is riskier, but has the potential for a higher rate of return. Savings accounts are not federally insured. Some investments earn dividends. Savings accounts earn interest. To collect money from an investment, it is necessary to sell the investment.

Answers

Answer:

Investing is riskier, but has the potential for a higher rate of return.

Explanation:

Savings is the action of putting money aside for future use.  An individual saves when they have money that they do not have an immediate use for, or to accumulate funds for a set objective. Saving is risk-free as the money is simply kept aside in a secure place, preferably a bank account.

Investing is engaging in commercial activities to generate wealth. It involves making decisions on activities that result in profits. However, there are chances that the selected activities might result in losses rather than profits as intended. Activities that present higher chances of profits bear higher chances of big losses.

Saving is risk-free as the probability of losing money is minimal compared to investing, which offers chances of profits, but losses are possible.

2. Choose any national or global chain with an online presence. Do a web search and spend time looking at their website. List the company's strengths in the space below. You may write in complete sentences or list form. (5-10 strengths) TIP: Look for strengths in different areas (product, price, promotion, place, sales, distribution).

Answers

The correct answer to this open question is the following.

I choose the Amazon website to answer this question.

These are the strengths of this global company.

-First, it has a presence almost worldwide, due to the benefits of e-commerce.

-Reputation. It has a good reputation because serves the customer well.

-Infrastructure. World-class facilities and delivery infrastructure to get the product on time.

-Variety of products. You access the company's website and can find anything. From books to toys, movies, and furniture.

-Prices. Accessible or competitive process because that is the advantage of e-commerce.

-Customer Service. Good client service that aims for entire satisfaction.

-Promise of delivery. Delivery time. Period.

Crane Corporation acquires a coal mine at a cost of $476,000. Intangible development costs total $119,000. After extraction has occurred, Crane must restore the property (estimated fair value of the obligation is $95,200), after which it can be sold for $190,400. Crane estimates that 4,760 tons of coal can be extracted. If 833 tons are extracted the first year, prepare the journal entry to record depletion. (I

Answers

Answer:

Dr Depletion expense 87,465

    Cr Accumulated depletion, coal mine 87,465

Explanation:

total depreciable costs = $476,000 + $119,000 + $95,200 - $190,400 = $499,800

depletion rate = $499,800 / 4,760 tons of coal = $105 per ton of coal

depletion expense during year 1 = $105 per ton x 833 tons = $87,465

Depletion expense is similar to depreciation expense, and is primarily used by extracting companies, e.g. mines, oil companies. Accumulated depletion decreases the book value of the asset.

Inflation generally means

a)all of these

b)things will cost less

c)things may cost more or less or same

d)that things will cost more

Answers

Answer:

D things will cost more

what is work?

1. Work refers to any useful activity.
2. Is a business.
3. Consist of certain tasks.
4. Series of related jobs or occupations.

Answers

Work refers to any useful activity.

Answer:

4

Explanation:

A job, employment, work or occupation, is a person's role in society. More specifically, a job is an activity, often regular and often performed in exchange for payment. Many people have multiple jobs. A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent

explain the law of diminshing marginal utility with diagram?

Answers

Answer:

Draw graph.

Make DMU line

Draw line increasing until a peak.

Then Drop at same rate as increase.

Explanation:

Just like the law of Diminishing marginal returns, The Law of diminishing marginal utility will max out at a certain point. This point is usually where the firms payment, space, and other capabilities are maxed out at the moment.

7 stores steps in decision making process

Answers

Identify the decision

To make a decision, you must first identify the problem you need to solve or the question you need to answer. Clearly define your decision. If you misidentify the problem to solve, or if the problem you’ve chosen is too broad, you’ll knock the decision train off the track before it even leaves the station.

If you need to achieve a specific goal from your decision, make it measurable and timely so you know for certain that you met the goal at the end of the process.

2. Gather relevant information

Once you have identified your decision, it’s time to gather the information relevant to that choice. Do an internal assessment, seeing where your organization has succeeded and failed in areas related to your decision. Also, seek information from external sources, including studies, market research, and, in some cases, evaluation from paid consultants.

Beware: you can easily become bogged down by too much information—facts and statistics that seem applicable to your situation might only complicate the process.

3. Identify the alternatives

With relevant information now at your fingertips, identify possible solutions to your problem. There is usually more than one option to consider when trying to meet a goal—for example, if your company is trying to gain more engagement on social media, your alternatives could include paid social advertisements, a change in your organic social media strategy, or a combination of the two.

4. Weigh the evidence

Once you have identified multiple alternatives, weigh the evidence for or against said alternatives. See what companies have done in the past to succeed in these areas, and take a good hard look at your own organization’s wins and losses. Identify potential pitfalls for each of your alternatives, and weigh those against the possible rewards.

5. Choose among alternatives

Here is the part of the decision-making process where you, you know, make the decision. Hopefully, you’ve identified and clarified what decision needs to be made, gathered all relevant information, and developed and considered the potential paths to take. You are perfectly prepared to choose.

6. Take action

Once you’ve made your decision, act on it! Develop a plan to make your decision tangible and achievable. Develop a project plan related to your decision, and then set the team loose on their tasks once the plan is in place.

7. Review your decision

After a predetermined amount of time—which you defined in step one of the decision-making process—take an honest look back at your decision. Did you solve the problem? Did you answer the question? Did you meet your goals?

If so, take note of what worked for future reference. If not, learn from your mistakes as you begin the decision-making process again

Someone has shared some information with you without proof, therefore you dismiss it as a __________. Later on that day, you hear others repeating the information, you now realize that everyone involved in sharing the unofficial information, has become a part of the _________________.

Answers

Answer: Rumors

Explanation: i had this topic last year

By taking socially responsible actions a business may eliminate the need for government controls that regulate what a business can and cannot do.

True

False

Answers

This is for sure not true

Business Ventures - Part 1 Directions 1. Create a list of possible business ventures. 2. Now, you need to choose a legal form of business ownership. Once you've chosen, list the advantages and disadvantages of the one you selected.

Answers

Answer:

I'm thinking about three different businesses which I would be able to start on my own:

A small landscaping business that would be organized as a sole proprietorship. Since the business is relatively small, and I will actively participate in it along with a few other employees, I do not need any partners. The advantage of this business is that I have complete control and it is really easy to set up. The main disadvantage is that I'm personally liable for the company's obligations. The second type of business would be an accounting firm. This is a little more complex, and required more capital. Therefore, I need to associate with a couple of friends. This would result in a limited liability partnership, which is a separate entity (no personal liability). The IRS considers LLP as pass through entities, so we will not be double taxed as a corporation. The disadvantage is that my friends and I will have to learn to work together and solve normal work related problems without ending our partnership and our friendship. If I get really ambitious, I could try to set up an investment firm. Since I'm not a millionaire, I would need to form a corporation. The main advantages of a corporation are that you can raise more money and no personal liability. But the disadvantages are double taxation and less control on the company's operations.

Please select the word from the list that best fits the definition Ponder

Answers

Ponder would be like reflect or think about

Answer:

Explanation:

Reflect

Not including a warning label about choking hazards on the box of a new toy
is an example of a defect issue.
0
A. marketing
B. warranty
c. manufacturing
o
D. design

Answers

The warning label should inform customers of the risk and offer guidance on how to use the product safely. Thus, option A is correct.

What warning label about choking hazards in marketing?

In the US, warning labeling laws must include everything from fall and strangling threats to suffocation hazards and small parts.

This manual provides a succinct explanation of the warning labeling regulations for children's products in the US.

Because of this, the American National Standards Institute mandates that warning labels on products provide the following information: Potential dangers and their seriousness.

Not all items need to carry warning labels, but those that could be harmful or pose a risk to consumers must.

Therefore, marketing is not including a warning label about choking hazards on the box of a new toy is an example of a defect issue.

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Answer: MArketing would be the answer

Explanation: I just took the test

Fort Bend ISD Middle School girls’ soccer team won 14 games and lost 5 games. Represent the ratio of wins to losses.
ANSWER ASAP!!

Answers

Answer:

14 /5

Explanation:

A win/loss ratio is an expression of won opportunities to lost chances. In this case, won games against lost matches.

The formula for win/loss ratio is as below

=no. of opportunities won/ no. of opportunities lost

In this case, a total of 14 games won and five games lost

i.e., 14 games won, five lost

=14/5

answers for question 11!!!!

Answers

Answer:

C!!

Explanation:

Two Major Types of Markets • Consumer Market -- All the individuals or households that want goods and services for personal use and have the resources to buy them. Business-to-Business (B2B) -- Individuals and organizations that buy goods and services to use in production or to sell, rent, or supply to others.

Question #7
Choose the era that best matches the statement given.

The ____ immediately followed the Great Depression.

Answers

Answer:

recession

Explanation:

The great recession followed the great depression

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Please HelpWhat is the equation of this line in slope-intercept form?1) y= 3x - 12) y=-3x - 13) y = 3x + 14) y=-1/3x-1 The great Mongolian ruler Genghis Khan tended to adopt the weapon technology of the groups he conquered. Why was it important for Genghis Khan to use this new technology?Select one:a. He was easily bored by any battle strategy--new technology helped him get creative.b. He saw this new technology as a gift from the gods and a sign that he should rule the world.c. He saw technology as a way to strengthen his army through the use of frightening new weapons.d. To continue fighting for him, his warriors insisted on learning new ways to kill people. Help find the range value of x which satistfy inequality (x + 2) > 2x + 7 Both the ________ and the _______ spun thread.Cotton gin, cotton jennySpinning jenny, water frameWater frame, steam engineSteam engine, spinning jenny Can we learn important lessons in our life without education Which of the following phrases are found in the Preamble to the U.S. Constitution?promote general welfare, pursuit of happiness, all men are created equalensure domestic tranquility, all men are created equal, form a more perfect unionform a more perfect union, ensure domestic tranquility, promote general welfarepursuit of happiness, ensure domestic tranquility, form a more perfect union Why is the sentence grammatically incorrect? It uses a gerund to function as a participle. It places the infinitive phrase in the wrong place. It places the participial phrase in the wrong place. It uses a prepositional phrase to function as an infinitive. A container of 45 brownies cost $6.47. A box of 30 cookies costs $5.29.How much does one brownie cost? Desde inicios de la Repblica hasta la actualidad, diversos grupos culturales extranjeros han aportado a nuestra diversidad cultural; por su importancia numrica destacan: \The Mughal empire is best known for ______. a. its architecture c. the Persian and the Umayyad b. the division of Islam into Sunni & Shia d. conquering Spain g(x) = 5x 12. What is g(8)? What was the reason Metacoms War failed? A.) Metacom was killed, and his tribe disbanded. B.) English colonists worked with other tribes to end the war C.) British regulars arrived and killed the entire Wampanoag tribe.D.) Smallpox spread through the Wampanoag its on the attachment if your going to play around dont answer Jeremiah died in Babylon.TrueFalse Nazim also recently bought bonds with a clause stating that interest will be paid only when the company has enough earnings to pay for it. Nazim has invested i PLS HURRY Worth 30 points!!!!! Which of the following is not a method for the Fed to manage the monetary supply?asking commercial banks for a percentage of depositsvarying the interest rate to commercial bankswithdrawing money from the World Bankbuying and selling government securities please help!! giving brainliest A cardboard box has edges of length 5.5 in, 3.2in,and 7.25 in.what is the volume of the box?I will gave u Brainliest if u tell me the answer have a nice day simply aa-a I will mark as brainlest