Answer:
I don't understand what the question is supposed to be?
Find the effective rate of interest if payments of 300 at the present, 200 at the end of one year, and 100 at the end of two years accumulate to 800 at the end of three years.
Answer:
12.93%
Explanation:
Given that the amount of 300 is invested for 3 years, while the amount of 100 is invested for 2 years and 100 is invested for 1 year.
also amount accumulated in three years = 800
Applying the formula to find the future value we get
300(1+r)^3 + 200(1+r)^2 + 100(1+r) = 800
which can be further simplified to
300r^3+1100r^2+1400r+600=800
where, r is the effective rate of interest which we have to find out
The above equation is cubic in r, so to solve this we can use equation solver. When we put this equation in equation solver we get
r = 0.12926
r ≅ 0.1293
Therefore, effective rate of interest = 12.93%
Columbia Bank & Trust has just given you a $20,000 term loan to pay for a new concrete mixer. The loan requires five equal annual end-of-the-year payments. If the loan provides the bank with a 12 percent return, what will be your annual payments?
Answer:
$5,548.19
Explanation:
According to the scenario, computation of the given data are as follows,
Principal payment (p)= $20,000
Rate of interest (r) = 12%
Time period (t) = 5
So, we can calculate the annual payment by using following formula,
Annual payment = [p×r×[tex](1+r)^{t}[/tex]] ÷ [ [tex](1+r)^{t}[/tex]-1]
By putting the value, we get
= [$20,000×0.12 [tex](1+0.12)^{5}[/tex]] ÷ [[tex](1+0.12)^{5}[/tex]-1]
By solving the equation, we get
= $5,548.19
Hence, the annual payment will be $5,548.19.
What other cost categories are not reflected in the budget above? And how much do you estimate they will cost
you per month?
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
The other cost categories that are not reflected in the budget above are the following.
Monthly internet subscription, recreational center, laundry, school expenses, entertainment, home supplies, and drugstore. (which include, cream, shampoo, soap, toothpaste, etc.)
And how much do you estimate they will cost?
Monthly internet subscription $15
Recreational Center $25
Laundry $30
School expenses $20
Entertainment $100
Home supplies $25
Drugstore (which include, cream, shampoo, soap, toothpaste, etc.) $50
The key here is not only to have a good budget but respect it and follow through. Otherwise, you will have problems at the end of the month trying to make ends meet.
Why do you think celebrities bother to involve themselves in politics?
Answer:
Answer in explanation.
Explanation:
I think that celebrities bother to involve themselves in politics to try and make a statement or gain more fame and followers. Oftentimes, you see celebrities speaking on world events such as the BLM act, global warming, wildfires, or the pandemic that is still ablaze. As we all know, all politicians have their strong opinions but the points do not always get across when just the politicians talk about it. Sometimes, celebrities feel the need to speak on a topic that may be popular in the world of politics just to shine a light on it or even to get more attention. In conclusion, I feel that celebrities try to worm their way into politics because I believe that they think that it will make an impact.
There are several reasons why celebrities may choose to involve themselves in politics.
Why celebrities bother to involve themselves in politics?One reason is that they may feel a sense of responsibility or obligation to use their platform and influence to bring attention to important political issues and advocate for causes they believe in.
Additionally, celebrities often have access to resources and connections that can be useful in political activism and lobbying efforts.
Furthermore, political involvement can also benefit a celebrity's public image and career. By aligning themselves with certain political causes, celebrities may appeal to certain fan bases or demographics, which can increase their popularity and influence.
Moreover, some celebrities may simply be passionate about politics and want to use their voice and platform to make a difference in society. Overall, there are various reasons why celebrities may choose to involve themselves in politics, and the motivations can vary depending on the individual.
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In recent years, the United States has Multiple Choice exported more services abroad than it has imported. maintained an overall trade surplus (goods and services combined) with the rest of the world. had a small goods trade surplus with Japan. had a large goods trade surplus with the rest of the world.
Answer: exported more services abroad than it has imported.
Explanation:
The U.S. might not have a positive balance of trade when it comes to net exports entirely but when it comes to services, the U.S. is experiencing a surplus.
This is because the U.S. is exporting more services than it is importing. This means that U.S. professionals are doing more for outside countries than other countries are doing for the U.S. Another big contributor is the social export of the U.S. including music, movies and other multimedia.
If one part of the flow breaks down, what would happen to the entire circular flow model?
Answer:
Explanation:
The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between economic agents
The SmartArt icon will allow you to include which of the following on a slide?
I think the answer is Graphs, I hope this helps
50 points each
“When you drink alcohol you are just borrowing happiness from tomorrow.”
“Your stomach thinks all potato is mashed.” ...
“I wonder what my dog named me?
”We eat pizza from the inside out. ...
If you live to be 70 years old you will spend TEN YEARS of your life on Monday. ...
Sometime in the future, someone will say your name for the last time. ...
Deaf people probably don't understand why farts are funny. ...
The word ambiguous only has one meaning.These are not my memories. ...
No one knows how anyone feels. ...
You are neither the first nor the last. ...
You are someone's ancestor. ...
Today the Earth is more beautiful than it will be tomorrow. ...
You only know you were happy when you no longer are. ...
If we're alone it's frightening. ...
Every thing could be the last thing.
join my pad let no space in between pad let
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Answer:
that x-ray has arthritis
Answer:
Hey mate.....
Explanation:
Facts were very true......can't join pad let now....
Thx for points...!!!!!Lol
3rd question is: what is marilyns net annual salary
Answer:
1. Net monthly pay = $ 3274. 27
2. Net Annual Salary = $ 39291.4
Explanation:
The total deductions from the salary
$ 79.20 + $ 343.21 + $ 528.01 + $ 290.41 + $ 245 + $ 520 = 2005.83
Monthly Net Pay = Gross pay – Deductions = 5280.10 – 2005.83 = $ 3274. 27
Net Annual Salary = Net Monthly Pay * 12 = $ 39291.4
1. Net monthly pay = $ 3274. 27
2. Net Annual Salary = $ 39291.4
Tiana has strong communication skills, she is a hard worker, and she has a strong background in math and statistics. What can she do to strengthen her chances of securing a job as a market research analyst? A. She can improve her hard skills by working collaboratively with other people. B. She can improve her hard skills by learning software used by market research analysts. C. She can improve her soft skills by taking extra courses in computer science D. She can improve her soft skills by pursing a degree in statistics.
Answer:B
Explanation: just took the quiz
To strengthen her chances of securing a job as a market research analyst, she can improve her hard skills by learning software used by market research analysts.
What is market research analyst?Analysts of market research collect and examine consumer and competitor data. To determine the likelihood that a good or service will be purchased, market research experts examine customer preferences, economic conditions, and other variables.
They assist businesses in determining what goods consumers want, who will purchase them, and how much they will cost. Data will be gathered by a market research analyst utilizing a number of technique.
They might conduct focus groups to get feedback on a new product or conduct statistical analyses to learn more about consumer behavior and the state of the market.
The appropriate response is option B.
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Cassandra is a 21-year-old who is still in college. She wants a credit card so she can order items online.
Her mother offers to let Cassandra use her card, but Cassandra would like it in her own name. What is
the advantage of having it in her own name?
A. If she pays her bills promptly she is establishing a good credit history.
B. She will get a finance charge with a lower APR.
C. Her credit score will go up by 200 points.
D. She will be given more time to pay her bills.
Having a credit card in your own name has a number of benefits, including helping you establish your own credit history, being there for you in times of need, and maybe earning points or cash back on purchases. As a result, choice (A) is appropriate.
What is credit card?Customers (cardholders) are given a specific sort of payment card called a credit card that enables them to pay for products and services from merchants based on the amount of debt they have acquired (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges).
A revolving account is set up by the card issuer, which is often a bank or credit union, and gives the cardholder access to a line of credit from which they can borrow money to make purchases or get cash advances. The two different kinds of credit cards are consumer and commercial cards.
Most playing cards are made of plastic, but others are made of metal (stainless steel, gold, palladium, titanium), and some have gemstones inlaid in the metal.
Hence, option (A) is accurate.
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what are rock layers
Answer:
the answer is isStratum
list two of three places where a student can learn about apprenticeship opportunities
Answer: The first and really the best way is Job corps, trade schools, and a regular fast food restuarant
Explanation: But Job corps is better you get a place to stay you get all the benefits like medical coverage, child services, food, drivers liscence, and you can learn over 50 things to do.
The two places where a student can learn about apprenticeship opportunities are Job corps, trade schools.
What is apprenticeship?Apprenticeship is a system for educating a new generation of practitioners of a trade or profession through on-the-job training and, in some cases, additional study.
Apprenticeships can also help practitioners obtain a license to work in a regulated occupation. The majority of their training is completed while working for an employer who assists apprentices in learning their trade or profession in exchange for continued labor for an agreed-upon period after they have demonstrated measurable competencies.
Therefore, Job corps, trade schools are the best places where a student can learn about apprenticeship opportunities.
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What are the two types of products that
are derived from the stages of
agriculture?
A. food and non-food
B. food and fiber
C. meats and vegetables
D. meats and grains
Why is the equilibrium wage for doctors high?
because the supply of doctors is relatively low and the demand is relatively high
because the supply of doctors is relatively high and the demand is relatively low
because the demand for doctors tends to be lower relative to supply
because the demand for doctors equals the supply
Answer:
because the supply of doctors is relatively low and the demand is relatively high.
Philip earns $980,000 per annum. He is allowed a tax free income of
$50,000. Then his taxable income will be $______
and tax paid at 6% will be $_____
per annum.
Answer:
His taxable income is $930,000.
Tax paid at 6% will be $55,800 p.a
In the early 1900s, John D. Rockefeller bought out other companies or drove
them out of business. What was Rockefeller's motive?
O A. To avoid paying taxes
O B. To bypass consumers
C. To control the government
D. To decrease competition
State the purpose of assets
Answer:
Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent.
Explanation:
Hope this helps!
A credit card had an Apr of 12.87% all of last year and compounded interest daily. What was the credit card's effective interest rate last year?
Answer:
13.73%
Explanation:
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding = 365
[tex](1 + \frac{0.1287}{365} )^{365} - 1[/tex]
[tex](1.000353)^{365} - 1[/tex] = 0.1373 = 13.73%
Personal Financial
Literacy
Answer:
You would have to answer this because I dind't read the story.
Explanation:
In two or three sentences, write a brief ending you might use in an interview to be courteous and positive about following up.
Answer:
Explanation:
The following would be a good way to end an interview.
It has been very interesting learning how the company works and the different tasks involved with the position. I would be very excited to get a chance to contribute to the team. Is there any other additional information or documentation that you will need from me? If so I would be glad to get it for you for our next meeting.
This ending would show your interest in the job and courteously set up further interactions.
Shady lawyer. Brice had a number of ethical issues come up in law school involving alleged cheating but managed to graduate because nothing was ever proven. Upon obtaining his law license, Brice enjoyed living "on the edge" and engaged in tactics that were at least questionable. One of his clients was an older gentleman, Sam, with significant assets and significant legal issues involving a messy divorce stemming from his involvement with a local dog groomer, Susie. Brice told Sam that he felt certain that he could arrange matters so that Sam could live happily in the Caribbean with Susie but that, in addition to paying a hefty legal fee, Sam would need to name Brice as a significant beneficiary in his will and give Brice power of attorney over his assets. Sam agreed to do so. He gave Brice power of attorney and changed his will to reflect that upon his death, Brice would receive half his estate. The other half went to Susie. Sam also paid the hefty legal fee Brice demanded. At that point, Brice agreed to proceed with negotiations in the divorce. Shortly after the divorce, Sam had an unexpected heart attack and died immediately. Susie, the executor of the will, told Brice that she was reporting him to the state bar association and that he was not entitled to any assets from the estate. Brice told Susie that he knew that Susie had failed to pay income tax for all her dog grooming and that he was reporting her unless she kept her mouth shut and consented to the terms of the contract. Brice also said that in return for keeping his mouth shut, he wanted additional sums purportedly for his work on Sam's divorce. Assuming that Sam had paid all amounts validly due from the divorce proceeding, which of the following is true regarding Brice's attempt to obtain additional fees?
A. Brice has caused Susie to experience duress.
B. Brice has unduly influenced Susie.
C. Brice has caused Susie to experience duress and unduly influenced Susie.
D. Brice has committed intentional wrongful disclosure.
E. Brice is not guilty of anything, so long as he used no physical force to obtain Susie's agreement.
Answer:
A. Brice has caused Susie to experience duress
Explanation:
Based on the information given BRICE HAS CAUSED SUSIE TO EXPERIENCE DURESS is true regarding Brice's attempt to obtain additional fees based on the fact Brice is threatening , Forcing and persuading Susie to do things against her will by threatening to report her due to her failure to pay income tax because she said that Brice does not have the legal right to obtain the money from the estate unless she kept her mouth shut and agree to the terms of the contract, which inturn makes Brice to attempt to collect additional fees based on Sam divorce case in return for not reporting her.
Help me I dont get this
Why is it important to check your credit score?
Explanation:
Checking your credit history and credit scores can help you better understand your current credit position. Regularly checking your credit reports can help you be more aware of what lenders may see. Checking your credit reports can also help you detect any inaccurate or incomplete information.
Having a dependable income is a drawback of being a wage earner.
O A. True
B. False
no link please
no link please
Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $150,000 4-years from now. How much must Shane deposit to accomplish his goal
Answer:
Amount deposit = $118,411.4 (Approx.)
Explanation:
Given:
Future amount = $150,000
Rate of interest = 6% compounds semiannual
Number of year = 4 year
Find:
Amount deposit
Computation:
Compounds semiannual
So,
Rate of interest = 6% / 2 = 0.03
Time taken = 4 x 2 = 8 times
So,
A = P[1+r]ⁿ
150,000 = p[1+0.03]⁸
150,000 = p[1.03]⁸
150,000 = p[1.26677]
p = 150,000 / 1.26677
p = 118,411.393
Amount deposit = $118,411.4 (Approx.)
A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measured in thousands of square feet) and whether or not there is a fireplace (FP is 0 if there is no fireplace, 1 if there is a fireplace). Part of the regression output is provided below based on a sample of 20 homes. Some of the information has been omitted.
Variable Coefficients Standard Error t-Stat
Intercept 128.93746 2.6205302 49.203
Size 1.2072436 11.439
FP 6.47601954 1.9803612 3.27
a. The estimated coefficient for size is approximately _____.
b. How many predictors (independent variables) were used in the regression?
Answer:
a. The estimated coefficient for size is approximately 13.81.
b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).
Explanation:
a. The estimated coefficient for size is approximately _____.
Estimated coefficient for size = Standard Error of size * t-Stat of size = 1.2072436 * 11.439 = 13.81
Therefore, the estimated coefficient for size is approximately 13.81.
b. How many predictors (independent variables) were used in the regression?
Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.
In the regression, two predictors are used. These two predictors are size and fireplace (FP).
Happy Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The WorkminusinminusProcess Inventory of the Heating Department on October 1 was 73% complete for materials and 23% complete for conversion costs. On October 31, its ending WorkminusinminusProcess Inventory was 80% complete for materials and 43% complete for conversion costs. This means that for the ending inventory, ________% of the materials and ________% of the conversion costs were added during October.
Answer:
80 % of materials ; 43 % of conversion costs
Explanation:
The FIFO method traces equivalent units for materials and conversion costs for the following categories :
Opening Work in Process unitsUnits started and completedEnding Work in Process unitsSo the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).
All these physical units need to be expressed to the percentage of work done on them - equivalent units.
The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.
6.Elizabeth's credit card bill elizabeth just received her credit card bill. She calculates the compound interest on her bill and considers the payments she could make. If she pays the minimum payment of $45, it will take her five years to bring her balance to $0. How can Elizabeth most responsibly pay off her bill sooner ?
Answer: pay more than the minimum payment each month
Explanation:
For Elizabeth to responsibly pay off her bill sooner, she has to pay more than the minimum payment each month.
It should be noted that if she continues paying the minimum monthly payment, it'll take her five years and collecting a loan isn't appropriate as well as she will still have to pay back the loan and incur more debt.
Therefore, she should pay more than the minimum amount as that'll make her pay quicker.
businesses today succeeded or fail based on their ability to___
A. innovate with technology to meet their customers needs
B. adopt customized software to their needs
C. raise expenses to match revenue
D. open multiple channels of sale
E. butter (im joking at this option but i need the right answer)
The answer would be A. innovate with technology to meet their customers needs.