When a particular amount of money p p, called the principal, is invested at the interest rate r r and is compounded n n times a year, the amount a a accumulated after t t years is a ( t ) = p ( 1 + r n ) n t a(t)=p(1+rn)nt determine the amount of money accumulated after 10 10 years if $ 3 , 000 $3,000 is invested in an account that pays 11 % 11% interest compounded twice a year. round to the nearest cent.

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.