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At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years? A. 6% B. 5% C. 7% D. 8%
Weegy: A=P(1+r)^n 716.40=400(1+r)^10 r=.06 $400 must be invested at a rate of 6% compounded annually for it to grow to $716.40 in ten years. The answer is A. 6% User: 12) If you have $20,000 in an account earning 8% annually, what constant amount could you withdraw each year and have nothing remaining at the end of 5 years? A. $3,525.62 B. $5,008.76 C. $3,408.88 D. $2,465.78 Weegy: c. $3,408.88 User: The present value of a ... (More)
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Expert Answered
Asked 3/11/2013 12:54:01 PM
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Which of the following is considered to be a spontaneous source of financing? A. Operating leases B. Accounts receivable C. Inventory D. Accounts payable
Weegy: B. Accounts receivable (More)
Question
Updated 3/11/2013 3:27:44 PM
1 Answer/Comment
Accounts Payable is considered to be a spontaneous source of financing.
Added 3/11/2013 3:27:44 PM
Why doesnt the U.S. simply restrict all goods coming in from China? Why cant the U.S. just minimize the amount of imports coming in from all other countries?
Weegy: One reason is 'beggar thy neighbour' - if the US stops Chinese and other imports, then China and others will stop American imports and US business will lose access to the fastest growing markets in the world. (More)
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Expert Answered
Asked 3/12/2013 9:22:40 AM
0 Answers/Comments
why dosen't the U.S. simply restrict all goods coming in from China?
Weegy: One reason is 'beggar thy neighbour' - if the US stops Chinese imports, [ then China will stop American imports and US business will lose access to the fastest growing markets in the world. ] (More)
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Expert Answered
Asked 3/12/2013 10:10:03 AM
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