Erin wants to double her money in 17 years in an investment
fund. What nominal monthly compounding interest rate do you suggest
that she look for? (Hint: If money doubles, the ratio of FV to PV
is 2.)

Answers

Answer 1

If Erin wants to double her money in 17 years, she must invest in nominal monthly compounding interest rate of 6.76% per annum.

To find out the nominal monthly compounding interest rate that Erin should look for to double her money in 17 years in an investment fund, we will use the following formula:

Future Value = Present Value x (1 + r/n)^(n x t),

where

FV = 2 PV (since Erin wants to double her money),PV = Present Value (the initial amount that Erin wants to invest),r = nominal annual interest rate (the interest rate advertised by the bank or the institution),n = number of times the interest is compounded per year, andt = time (in years)Erin wants to double her money in 17 years.

We have to find the nominal monthly compounding interest rate.

Therefore, we will convert 17 years to months:

17 years = 17 x 12 months = 204 months

PV = 1r/n = r/12 (since Erin wants to know the nominal monthly compounding interest rate)

Now, substituting the values in the formula, we get:

2 PV = PV x (1 + r/12)^(12 x 204)2 = (1 + r/12)^(2,448)r/12 = 0.0056354

r = 0.0676 or 6.76%

Therefore, Erin should look for a nominal monthly compounding interest rate of 6.76% per annum to double her money in 17 years in an investment fund.

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Related Questions

Jobs sights on the internet tend to be all alike. True or false?

Please help I’ll give Brainly to the best answer thanks!

Answers

Answer: True

Explanation:

Producing according to comparative advantage and specializing in one good over another, means that the good with the higher opportunity cost is not produced. Why would a country be willing to give up the production of that good?.

Answers

People in the nation would trade the surplus goods they continue to produce for the goods they stop producing.

A surplus is what?

The amount of an asset or resource that is over the amount that is being actively used is referred to as a surplus. Income, profits, capital, and goods are just a few of the numerous things that can be referred to as a surplus. A surplus in the context of inventories refers to items that are still unsold and on store shelves.

When income is earned and expenses are paid, there is a surplus in a budget. When there is excess tax revenue after all government programs have been fully funded, governments can also experience a budget surplus.

The economic surplus comes in two flavors: consumer surplus and producer surplus. In general, what is good for one is bad for the other because consumer surplus and producer surplus are mutually exclusive.

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An organization responsible for assigning individual domain names to other organizations or individuals is known as a(n)?

Answers

An organization responsible for assigning individual domain names to other organizations or individuals is known as a(n): DNS registrar.

What is DNS registrar?

DNS registrar can defined as the internet host that help to register an domain name.

DNS registrar  often perform important function as they help to   assign  individual domain names and as well help to indicate  the Internet Protocol addresses of DNS servers.

Therefore An organization responsible for assigning individual domain names to other organizations or individuals is known as a(n): DNS registrar.

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how are wages determined in a free market?

Answers

Answer:

Classical economists argue that wages—the price of labor—are determined (like all prices) by supply and demand. They call this the market theory of wage determination. ... Long story short: the price of labor is determined in the free market just like every other price, by the intersection of supply and demand.

Explanation:

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In the Negotiation Planning Guide, it is not necessary to define the alternatives (BATNAs). True or False

Answers

The given statement "In the Negotiation Planning Guide, it is not necessary to define the alternatives (BATNAs)" will be false. Because, it is necessary to define the Best Alternative to a Negotiated Agreement (BATNA) in the negotiation planning guide.

The BATNA is the alternative course of action that will be taken by a party if negotiations fail and no agreement is reached. It is essential to identify the BATNA because it provides a baseline against which the proposed agreement can be evaluated. If the proposed agreement is worse than the BATNA, then it is not a good deal and should be rejected.

Conversely, if the proposed agreement will be better than the BATNA, then it is a good deal and would be accepted. Therefore, defining the BATNA is critical to the negotiation planning process as it helps negotiators assess the value of the agreement and the strength of their negotiating position.

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You're the production manager for a company that manufactures clothing, and you oversee activities in a wide range of departments from cutting and stitching to warehousing and shipping. Maintaining a steady flow of goods through production is essential, so if you could employ any supply chain management system to make your job easier, which of the following would you choose? Group of answer choices RFID, a tool that requires placing a tiny tracking chip on all materials ERP, an integrated software that consolidates sequencing and scheduling data from all units Logistical cost control, a method of evaluating how to add value for your customers through logistical changes Value chain management, a means of managing the complete sequence of suppliers and activities that contribute to the creation and delivery of goods

Answers

Answer: ERP, an integrated software that consolidates sequencing and scheduling data from all units

Explanation:

With regards to the information given, the supply chain management system to be employed in order to make the job easier is the Enterprise Resource Planning (ERP).

The Enterprise Resource Planning us the software that is used in the planning and managing of every supply chain, financial, manufacturing, and every other organizational process.

Therefore, the ERP is vital as it'll help in the consolidation, the sequencing and the scheduling data from all units

Question 2 of 10
Jeremy doesn't have a lot of money to spend on advertising, but he knows his
target audience are local outdoor enthusiasts. Which type of media format
should Jeremy use to advertise?
A. Local newspapers
B. Billboards on busy streets
C. National television commercials
D. Plane banners

Answers

Answer:

B. Billboards on busy streets

Explanation:

Billboard advertising involves making use of large-scale print advertisements to market a company's products and services.  Billboards are strategically mounted in high traffic areas to pass their message to as many people as possible. Busy highways and streets, strategically located buildings are ideal places to put billboards.

Jeremy should consider using billboards for the following reasons.

His clients are local outdoor enthusiasts;  he needs to find out their favorite destinations are put billboards along the way. This way, he will capture their attention.Billboards are less costly compared to other advertisement options, such as television or plane banners.Billboards will be effective in his case. Because his clients are local, and billboards remain in place for several days or weeks,  his target clients will not fail to spot them.

Answer:local news papers

Explanation:

Having just one error on a cover letter may eliminate an applicant from being considered for employment.

Answers

Answer:

i think its true

Explanation:

im sorry if im wrong

A job application is a form used to make a job request. (3 points)
True
False

Answers

Answer:

I would say it is True.

Explanation:

A job application form states your personal information

How do you deal with exhaustion?

Answers

Eat often to beat tiredness. ...
Get moving. ...
Lose weight to gain energy. ...
Sleep well. ...
Reduce stress to boost energy. ...
Talking therapy beats fatigue. ...
Cut out caffeine. ...
Drink less alcohol.

MY FINAL QUESTION 80 POINTS! TAKE your time :) Look at image below
Task3
Your Blog
Evaluate your blog using the data analytics provided in the blog-hosting service. Then, create a report that summarizes your blog activities.

Investigate and analyze your blog activities. You will understand how blogs can be effective and what are the challenges involved in creating effective blogs and social media platforms. Use graphics, charts, and other forms of visual data to analyze your blog activities.

MY FINAL QUESTION 80 POINTS! TAKE your time :) Look at image below Task3Your BlogEvaluate your blog using

Answers

Explanation:

Understand your audience. ..Create your blog domain. ...Customize your blog's theme. ...Identify your first blog post's topic. ...Come up with a working title. ...Write an intro (and make it captivating). ...Organize your content in an outline. ...Write your blog post!

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g 7. assume that cane normally produces and sells 48,000 betas per year. what is the financial advantage (disadvantage) of discontinuing the beta product line?

Answers

If Cane discontinues the beta product line, it will lose the revenue generated by the 48,000 betas sold annually. However, the company will also save the costs associated with producing and selling the betas, including raw materials, labor, and marketing expenses.

The financial advantage or disadvantage of discontinuing the beta product line will depend on whether the revenue generated by the betas covers the costs of producing and selling them.

To determine the financial advantage or disadvantage of discontinuing the beta product line, Cane needs to calculate the total revenue and total costs associated with the betas. If the total revenue is greater than the total costs, then discontinuing the product line would result in a financial disadvantage. On the other hand, if the total costs are greater than the total revenue, then discontinuing the product line would result in a financial advantage.

Ultimately, without more information about the costs and revenue associated with the beta product line, it is impossible to determine whether discontinuing it would be financially advantageous or disadvantageous for Cane.

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Write down the career you want to pursue and identify which of the four assessments you learned about in the lesson you need to take for your career.

Answers

Answer:

Explanation:

As a chartered accountant, I want to pursue a career in accounting and finance. From the lesson I learned about, I believe I need to take the following four assessments to further my career:

Aptitude test: This assessment will evaluate my cognitive abilities and problem-solving skills, which are important for success in the field of accounting and finance.

Personality test: This assessment will help determine my personal strengths, values, and communication style, which are important qualities for a chartered accountant to possess.

Interest inventory: This assessment will help me understand my interests and passions, which can guide my career path as a chartered accountant.

Work style assessment: This assessment will help me understand my work habits and preferences, which can inform my approach to tasks and projects as a chartered accountant.

Answer:

I want to teach English literature and therefore I want to become a professor at a reputed university. I will have to take the SAT exam in order to get admission in a good college.

Explanation:

10
Select the correct answer
George works in a factory and is a member of the labor union. He thinks his wages are low for the work that he does, so he tells the union
representative that his employer should increase his wages. The representative asks the other workers if they feel the same, and they all agree. The
following week, the union representative met with the factory owner regarding an increase in wages, and the employer agreed to it. What strategy did
the union use to get the owner to agree to increase wages?
4
Oo
A. Individual bargaining
B. threaten to go on a strike
C. collective bargaining
D. threaten to quit their jobs
E. filing a petition to the government

Answers

The strategy used by the union to get the owner to agree to increase wages is Option C. Collective bargaining.

Collective bargaining is the negotiation of employment contracts and working conditions between employers and workers' unions. Collective bargaining is a process where the union negotiates on behalf of the employees, and it is an effective tool for gaining benefits for workers. The union meets with the management to discuss the wages, hours of work, working conditions, health and safety, and any other issues affecting the employees' welfare.

Collective bargaining allows employees to have a voice in their workplace. They can use this process to express their concerns and demands, such as higher wages, better working conditions, and improved benefits. The union representative who met with the factory owner regarding an increase in wages was using collective bargaining to help George and the other workers get a better deal. The union representative was able to use the collective bargaining process to get the employer to agree to the wage increase.

Collective bargaining is an essential tool that labor unions use to help workers get better wages, benefits, and working conditions. It is a way for workers to have a voice in the workplace and to have some control over their employment circumstances. Therefore, the correct option is C.

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The ratio of the price of two goods on a graphed budget line is measured by its:.

Answers

There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.

What is a budget line

This is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.

The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.

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You run a regression for a stock's return on a market index and find the following Excel output: Multiple R 0. 35 R-Square 0. 12 Adjusted R-Square 0. 02 Standard Error 38. 45 Observations 12 Coefficients Standard Error t-Stat p-Value Intercept 4. 05 15. 44 0. 26 0. 80 Market 1. 32 0. 97 1. 36 0. 10 _______________ % of the variance is explained by this regression

Answers

The percentage of variance that is mewasured in this regression is 12 percent.

What is the variance in a regression analysis?

This value is represented by R² in the excel output. The R squared is a measure of the variance of the dependent variable that is explained using the independent variables.

The R squared is the sample variance of all of the outputs in the regression analysis.

The R squared in the output says 0.12 = 12 percent

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E-mail is an temporary message medium.
True or false?

Answers

Answer:

False

Explanation:

:)

Answer:

its false!

Explanation:

How can a person become a dentist​

Answers

Explanation:

It generally takes eight years to become a dentist: four years to earn a bachelor's degree as an undergraduate and four years to earn a DDS or DMD in dental school. If you're interested in specializing, you'll also need to complete a dental residency (more on that below).

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On the dividend record date, dividends payable is debited. a dividend becomes a current obligation. an entry may be required if it is a stock dividend. no entry is required.

Answers

On the dividend record date, no entry is required.

What is dividend record date?

The date of record is the day the company looks up its records to determine who the company's shareholders are. To be qualified for a dividend payout, an investment must be listed on that day. The day the corporation mails the dividend to all holders of the record is the date of payment.

What do dividend means?

An organization's board of directors decides how much of its profits should be distributed as a dividend to shareholders. Dividends are frequently paid out every three months and can be received in cash or by being reinvested in more shares.

What are shareholders Meaning?

Any individual, business, or organization that has stock in a corporation is a shareholder. A shareholder of a firm may own just one share. As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.

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how do u respond to lol

Answers

Answer:

depends on what you are lol ing about

Explanation:

What have been the difficulties and challenges faced by
Mitsui?

Answers

Mitsui, a Japanese conglomerate, has faced several difficulties and challenges throughout its history.

These include economic downturns, changes in market conditions, regulatory challenges, and geopolitical risks. The company has also encountered issues related to environmental sustainability and social responsibility. Despite these challenges, Mitsui has demonstrated resilience and adaptability by implementing strategic measures to mitigate risks and capitalize on new opportunities.

Mitsui has encountered difficulties arising from economic downturns and fluctuations in global markets. The company operates in various industries, including energy, chemicals, metals, machinery, and infrastructure, which are susceptible to changes in demand and economic conditions. Economic recessions and market volatility can significantly impact Mitsui's financial performance and growth prospects.

Regulatory challenges have also posed obstacles for Mitsui. Compliance with complex regulations and laws in different countries where the company operates can be demanding. Changes in regulations related to trade, environment, labor, and taxation can impact Mitsui's operations and profitability.

Geopolitical risks have been another challenge for Mitsui. The company operates globally, and political instability, trade disputes, and regional conflicts can disrupt its supply chains, affect business operations, and increase investment risks.

Mitsui has also faced issues related to environmental sustainability and social responsibility. As environmental concerns and societal expectations for sustainable business practices have increased, Mitsui has had to address environmental impacts, promote responsible resource utilization, and engage in corporate social responsibility initiatives to maintain its reputation and stakeholder trust.

To overcome these challenges, Mitsui has implemented various strategies. These include diversifying its portfolio across industries and geographies to reduce risk exposure, investing in research and development to innovate and adapt to changing market conditions, and actively engaging with stakeholders to ensure compliance and social responsibility. Mitsui's ability to navigate through difficulties and challenges is a testament to its resilience and commitment to long-term success.

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A social media application would most likely do which of the following? (6 points)

Allow users to watch popular movies and TV shows
Connect users with social and business contacts
Confirm users' travel plans
Teach users a new language

Answers

Answer:

B: Connect users with social and business.

Explanation:

This is one of the primary uses of Social Media. It is to help contact people you know, whether it be your boss from work, or a distant relative. Social Media helps you contact anyone from anywhere around the globe.

A social media app would almost certainly connect users with social and professional contacts. Option B is correct.

What is social media?

Social media are defined as interactive technologies that help the creation and transmission of message, interests, thoughts, and other forms of look with the help of virtual communities and networks.

Users would just about surely be connected with social and professional contacts via a social media app.

Therefore, option B correct.

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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

Tara was shopping for a new pair of shoes for work. The salesperson was very helpful and friendly, bringing Tara some styles she hadn't thought to try on but that she ended up really liking. Noticing Tara's University of Wisconsin tee-shirt, the salesperson said that she was a student there. Tara ended up buying three pairs of shoes rather than the one pair she had planned on. Tara's experience shows the effect of ________ on consumer behavior.

Answers

Answer:

salespeople

Explanation:

In the context, Tara wishes to buy new shoes for her work. She went to shoe shop and try out different shoes. The salesperson is helping her a lot in finding out her new pair of shoes and is also showing Tara some of the latest designs that are available in the shop.

The salesperson is polite and helpful to her. Tara found out that the salesperson also belonged to the same university where Tara studied. And she ended up in buying three pair of shoes instead of one. This shows the effect of the salesperson on the consumer behavior of Tara.

You read in a business magazine that computer firms are reaping high profits. With the theory of perfect competition in mind, what do you expect to happen over time

Answers

The theory of perfect competition suggests that the high profits being earned by computer firms are unlikely to persist in the long run, as new entrants will compete away these profits.

According to the theory of perfect competition, if computer firms are reaping high profits, we can expect new firms to enter the market in search of these profits. This increased competition will lead to lower prices and reduced profit margins for each firm.

In the long run, the market will reach a state of equilibrium where the profits of all firms are normal, i.e., just enough to cover their costs of production. This is because, in a perfectly competitive market, there are no barriers to entry, and firms can easily enter and exit the market.

Therefore, we can expect that the high profits being earned by computer firms will attract new entrants, leading to an increase in the supply of computers and a decrease in their price. As the market reaches equilibrium, the profits of all firms will become normal, and the industry will become less profitable than it is currently.

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What industry, according to the website, was particularly transformed by industrialization? what did this industry produce?.

Answers

The process of industrialization is when a country or region switches its economic emphasis from manufacturing to agriculture. A crucial element of this transition is the use of automated mass production techniques.

What is industry industrialization?The process of industrialization is when a country or region switches its economic emphasis from manufacturing to agriculture. A crucial element of this transition is the use of automated mass production techniques.Agriculture and handicrafts-based economies were replaced by economies based on large-scale industry, mechanized manufacturing, and the factory system during the Industrial Revolution. Existing industries became more productive and efficient as a result of new equipment, power sources, and organizational techniques.Many new job opportunities were made possible by the development of factories and power machines. The new equipment allowed for the transportation of raw materials and accelerated the production of goods. Urbanization was a side effect of industrialization. Urbanization is the process of people moving into cities and constructing new ones.

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Trade Barriers decrease the number of goods people can choose from.
True or false ?

Answers

Heyy I don’t know but I could give you some resources that I found helpful for that answer:quizlet and wolfram alpha

Continually adjusting prices to meet the characteristics and needs of individual customers and situations is known as

Answers

Continually adjusting prices to meet the characteristics and needs of individual customers and situations is known as dynamic pricing.

This pricing strategy allows businesses to set prices based on real-time market demands and adjust prices accordingly to optimize revenue and profit. Dynamic pricing can be implemented through various approaches, such as time-based pricing, demand-based pricing, and customer-based pricing.

This strategy is often used in industries such as travel, hospitality, and e-commerce, where prices fluctuate frequently based on factors such as seasonality, availability, and customer behavior.

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Suppose that​ Roots' marginal cost of a jacket is a constant ​$100.00 and the total fixed cost at one of its stores is ​$1 comma 000 a day. This store sells 15 jackets a​ day, which is its​ profit-maximizing number of jackets. Then the stores nearby start to advertise their jackets. The Roots store now spends ​$2 comma 000 a day advertising its​ jackets, and its​ profit-maximizing number of jackets sold jumps to 55 a day. What is this​ store's average total cost of a jacket sold before the advertising begins and after the advertising begins. ​>>> Answer to 2 decimal places. Can you say what happens to the price of a Roots​ jacket, Roots'​ markup, and​ Roots' economy?

Answers

Answer:

What is this​ store's average total cost of a jacket sold before the advertising begins and after the advertising begins.

before advertising costs increase:

marginal cost is constant, so we can state that the total variable costs are $100 per jacket

total fixed costs = $1,000 per day / 15 jackets = $66.67 per jacket

average total cost per jacket before increasing advertising expense = $100 + $66.67 =) $166.67

after advertising costs increase:

total variable costs are $100 per jacket

total fixed costs = $2,000 per day / 55 jackets = $36.36 per jacket

average total cost per jacket after increasing advertising expense = $100 + $36.36 =) $136.36

Can you say what happens to the price of a Roots​ jacket, Roots'​ markup, and​ Roots' economy?

Roots is experiencing economies of scale since average total cost per jacket decreased as the total number of jackets sold increased. But in order to sell that new amount of jackets, their price probably decreased. If the price hadn't changed, then the profit maximizing number of jackets sold per day would be close to 30, but it clearly isn't. That means that the company's markup decreased, but the company is now better off since it is maximizing its profits even though its expenses increased and the markup decreased.

Current Attempt in Progress On January 1, 2022, Fredo Inc. purchased equipment with a cost of €2.550.000, a useful life of 15 years and no salvage value. The company uses straight-line depreciation. At December 31, 2022, an independent appraiser determines that the fair value of the equipment is €2.500,000 Fredo prepares financial statements using IFRS and elects to revalue the asset. In the second step of the 2-step revaluation process at December 31, 2022, the journal entry to revalue the equipment will include a O debit to Depreciation Expense for €255,000. O credit to Accumulated Depreciation for €170,000 O credit to Revaluation Surplus for €150,000. O credit to Equipment for €50,000. On January 1, 2022, Fredo Inc. purchased equipment with a cost of 62.550,000, a useful life of 15 years and no salvage value. The company uses straight-line depreciation. At December 31, 2022, an independent appraiser determines that the fair value of the equipment is €2.500.000 Fredo prepares financial statements using IFRS and elects to revalue the asset In the second step of the 2-step revaluation process at December 31, 2022, the journal entry to revalue the equipment will include a O debit to Depreciation Expense for €255,000 O credit to Accumulated Depreciation for €170,000. O credit to Revaluation Surplus for €150,000 O credit to Equipment for €50.000. Media

Answers

The journal entry to revalue the equipment in the second step of the 2-step revaluation process at December 31, 2022, will include a credit to Revaluation Surplus for €150,000.

The two-step revaluation process is a technique of valuing a business's tangible assets, such as land, machinery, buildings, and others, at their fair market value.

The two stages are:Step 1: Conduct an independent appraisal to determine the asset's fair market value. Compare this amount to the asset's carrying amount to determine whether the asset is overvalued or undervalued.

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Bantam Industries has budgeted the following information for March: If there is a cash shortage, the company borrows money from the bank. All cash is borrowed at the beginning of the month in $1,000 increments and interest is paid monthly at 1% on the first day of the following month. The company had no debt before March 1st. The shortage or surplus of cash before considering cash borrowed in March would be: $25,000 shortage. $29,000 shortage. $29,000 surplus. $4,000 shortage Name two acute angles Thats the second part pleaseee helpppp!!:)) Please Help!!! Which member of the clergy is directly below the pope in the Catholic Church?bishopcardinalmonkpriest Which statement best describes the role of church officials in feudal society?They had little power because they did not have land.They had little power because they did not have knights.They had great power because they influenced peoples actions.They had great power because they controlled peoples education. The map shows medieval European trade routes. Which trade routes connected the cities of Krakw and Kiev?Genoese routesoverland routesVenetian routesHanseatic routes What is a fjord?a deep, narrow inlet located near the sea and between steep cliffsa physical region with lower elevation and fertile soilan area with high elevation that has a cold climate and little vegetationa hilly and generally wooded area with low, gentle slopes How did the art of medieval Europe differ from the art of medieval Japan?European art showed mainly people, while Japanese art showed mainly locations.European art featured dark, heavy lines, while Japanese art featured light, thin lines.European art focused on the natural world, while Japanese art focused on the spiritual world.European art focused on religious events, while Japanese art focused on the beauty of nature. When wearing a suit of armor, one would notice that it was generallyA.heavy and hot when worn.B.easy to put on by oneself.C.not worn in horse back.D.constructed of only a few pieces. What did you observe when you placed the halves of the cut outs beside the mirror Marjorie consumed 1.5 gallons of water in one day. How many milliliters are equal to 1.5 gallons, if 1 liter = 1,000 milliliters and 1 gallon = 3.785 liters? ( Why does Rosa parks inspire me?In your own words please!! At Antonios Pizzeria, the pizzas come in three sizes: large, massive, andgargantuan. There are four varieties to choose from: Veggie Garden,Carnivores Delight, Cheesy Wheezy, and Hawaiian Paradise. Use either a treediagram or a table to display all of the possible choices. What do scientists assume to be true when calculating the absolute ages of rocks What is 46.875 the nearest dollar What is resale price maintenance (RPM)? What are its procompetitive effect and anticompetitive effect? Expert Answer. Which is not an element of scientific management?Multiple choice question.a. Human factorsb. Rules of workc. Methodd. Time Glorio, an IV technician, must compound a STAT IV potassium order for a patient. Which type of flow hood is normally used for non-hazardous compounds?Select one:BiologicalHorizontalIsolatorVertical What is the legend of Groundhog Day? What surface is formed by water that flows for a long period of time? A. Arches B. Peaks C. Canyons D. Valleys technician a says that an interference angle is the difference in angle between the valve face and valve seat. technician b says an interference angle is when a piston hits a valve. who is correct? What is scarcity?(1 point)the things needed to produce goods and servicesthe gap between limited resources and unlimited wants and needsthe production of more goods and services over timethe act of setting up a business to make a profit A substance is present in the gaseous state at room temperature. Which of the following best explains the probable position of the substance in the periodic table?1. It is between groups 1 to 12 because it is a metal.2. It is between groups 13 to 18 because it is a metal.3. It is between groups 1 to 12 because it is a non-metal.4. It is between groups 13 to 18 because it is a non-metal. Kyle made a planter box that is 4 4 meters long, 1.5 1.5 meters wide, and 2 2 meters high. They want to know what volume of potting soil they need to fill the box. Which formula can Kyle use to find the correct volume as a product of the edge lengths?