Economy, asked by abdullahfareedbajwa, 5 months ago

Why should the value of economic efficiency must be greater than 100% for the survival and growth of any business? A company invests $500,000 in a money market fund which is expected to yield interest at a rate of 10 percent per year compounded quarterly. If the interest rate projections are valid, to what amount should the $500,000 grow over the next 10 years? How much interest will be earned during this period?

Answers

Answered by nikita8844
0

Answer:

The value of economic venture must be greater than 100% efficiency for the growth and survival of an entity

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