Suppose you make a one-time deposit of $500 in a savings account. The account has an APY of 0.5%. How much interest would you earn, in dollars, after one year? ( )

Answers

Answer 1

Answer:

I= $25

Explanation:

Giving the following information:

PV= $500

APY (i)= 0.05

The annual percentage yield (APY) is the real rate of return. It is the interest rate with the compound factor already incorporated.

To know the interest earned, we need to use the following formula:

I= PV*i

I= 500*0.05

I= $25

Answer 2

Answer:

2.50

Explanation:

edge answer


Related Questions


A step taken so that a reasonable person could assume that a business took appropriate safety measures is called ___________

Answers

Answer: Risk assessment

Explanation: This is known as risk assessment, the overall process of identifying all the risks to and from any activity and assessing the potential impact of each risk.  This is achieved by assessing the likelihood that each risk will occur, and then combining the result according to an agreed rule to give a single measure of potential impact.

To have a thought about what aspect of a business, might cause harm and decide whether you are taking reasonable steps to prevent that harm is known as a risk assessment.

Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If not, has this course expanded your idea of yourself in five years, or has it stayed the same? Why or why not.

I don't have time so please answer I need it asap

Answers

Answer:

This is a personal question man

Explanation:

Im sorry, but I can't answer personal questions

Sorry

2. Inputs and outputs Van's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Van's very tiny kitchen has barely enough room for the four ovens in which his workers bake the pizzas. Van signed a lease obligating him to pay the rent for the four ovens for the next year. Because of this, and because Van's kitchen cannot fit more than four ovens, Van cannot change the number of ovens he uses in his production of pizzas in the short run.

Answers

Answer:

The question is incomplete, but I guess its about variable and fixed inputs. In this case, Van's workers are considered the variable input  since Van can hire or fire workers in the short run. While the ovens are fixed inputs, since Van cannot change the number of ovens due to space and legal limitations (lease contract).

The short run or the long run are not specific time frames, it is not like current or non-current assets or liabilities. The short run refers to a time period where a business can only change certain inputs, e.g. labor or hours worked. While the long run refers to a time period where a business can change all of its inputs. I.e. in the long run, all costs are variable.

E.g. If Van's lease contracts (restaurant and ovens) expired in 6 months, and he was then able to get a new place and enter new contracts, then the long run would be in 6 months. But under the current conditions, the long run is 4 years since that is when the lease contracts expire.

Is profit the same as cash flow?

Answers

Answer:

No

Explanation:

Cash flow refers to the money that flows in and out of your business. It's income and expenses.

Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.

5. Which of the following statements is true about credits?
a) Credits show an increase in what a company owns or a decrease in what it owes.
b) A credit to an asset account shows a decrease.
c) A credit to a liability account shows an increase.
d) Credits show a decrease in what a company owns or an increase in what it owes.

Answers

Answer:

c) A credit to a liability account shows an increase.

Which of the following strategies can a country use to keep its products inexpensive for consumers in the U.S.?
A.
Raising its interest rates
B.
Keeping its interest rates low
C.
Increasing its exports
D.
Avoiding debt


Please select the best answer from the choices provided

Answers

Answer:

Keeping its interest rates low

Explanation:

Interest rates correlate with the exchange rate of a country. Low-interest rates are unattractive to foreign investors. Investors associate low-interest rates with reduced returns. In the foreign exchange market, the demand for such a country's currency will below, resulting in a lower exchange rate against other currencies.

If a country has low-interest rates, its currency will be in low demand, meaning its strength will be relatively weaker against the US dollar.  One dollar will be able to buy a large quantity of goods and services from such a country. In other words, that country's exports will be cheaper in the USA.

Answer: B

Explanation:

trust

Which of the following is an
example of an operative
employee?

Answers

Explanation:

I just did this yesterday!

its assembled line worker

Mention any five important points of universities.​

Answers

Answer:

1. A positive attitude towards study.

2. A passion for the chosen course subject.

3. An ability to think and work independently.

4. An ability to persevere and complete tasks.

5. An inquiring mind.

6. Good written English.

7. An ability to work well in groups.

Please help for brainliest

Answers

Answer:

C balance

Explanation:

it shows balance when you withdraw money

What asset might a bank use as collateral for a mortgage?
A house
A boat
A vehicle
Jewelry

Answers

A house is the most common

Answer:

A. A house

Explanation:

PROJECT: USING ADVANCED FORMULAS
Suppose you own a small business with ten employees. Small businesses use spreadsheets for a variety of reasons.

OBJECTIVES
Create a spreadsheet to track payroll.
Directions
Create a spreadsheet to calculate the your company's payroll, or how much you pay each employee and the total you pay all employees.

You pay your employees every two weeks, and for the last two weeks, your employees worked the following hours:

Employee 1: 78
Employee 2: 75
Employee 3: 80
Employee 4: 45
Employee 5: 50
Employee 6: 80
Employee 7: 65
Employee 8: 60
Employee 9: 78
Employee 10: 75
Your spreadsheet should calculate:

the total hours worked for each employee
the gross pay for each employee (pay rate is $12.50 per hour)
the state income tax for each employee (use 5.7%)
the Federal income tax for each employee (use 15%)
Social Security for each employee (use 3.5%)
the net pay for each employee by subtracting the income tax and Social Security from the gross pay
the total gross pay, total state income tax, total Federal income tax, total Social Security, and total net pay paid to all employees
When you finish your spreadsheet, estimate your answers to check for accuracy. Make any necessary corrections. Use formatting techniques to make your spreadsheet easy to read. Upload your spreadsheet using the Upload tool in the box below.

Answers

Answer:

Total hours worked for two weeks by all employees = 686 hours

Total Gross pay of all employees = $8,575.00

Total State income tax of all employees = $488.78

Total Federal income tax of all employees = $1,286.25

Total Social Security of all employees = $300.13

Total Net Pay of all employees = $6,499.85

Explanation:

Note: See the attached excel file for the calculation of the company's payroll or amount paid to each employee and the total amount paid to all employees on a spreadsheet as required by the question.

In the attached excel file, the following formula are used:

Gross pay for each employee = Pay rate of $12.50 per hour * Total hours worked for two weeks by each employee

State income tax for each employee = 5.7% * Gross pay for each employee

Federal income tax for each employee = 15% * Gross pay for each employee

Social Security for each employee = 3.5% * Gross pay for each employee

Answer:

here you go edmentum

Explanation:


1. To begin to understand stocks, we have to know what companies sell stock. Define: What is a corporation?

Answers

Answer:

Here is a guide...

Explanation:

One place to find lists of index components or company stocks that make up an index is the website of the index maker. For example, you can find the list of company stocks included in the Nasdaq 100 by going to Nasdaq.com. Going straight to the primary source—the website of the index maker—is usually ideal.

think about a piece of fruit that you recently purchased. list the natural, labor, and capital resources needed to get it to you

Answers

Answer: Typically shipping fresh fruit or shipping fresh produce involves a few different steps which can slow down productivity. For example, fruits are loaded into a corrugated box then added to a pallet, then shrink wrap is added or banding is used to keep the boxes on the pallet.

Explanation:

Which of the following best explains the purpose of a supply schedule?
O A. To demonstrate how the supply decreases as price increases.
B. To calculate how much time it takes for distribution.
C. To show the relationship between quantity supplied and prices.
O D. To indicate how supply and demand relate to price.

Answers

Answer:

C. To show the relationship between quantity supplied and prices.

Explanation:

A supply schedule is a tabular demonstration of the quantity that suppliers will be willing to sell at different prices. It is a table showing the relationship between supply and price.

According to the law of supply, the supply increases as the price goes up. Therefore, the supply schedule is a tabular illustration of the law of supply.

Answer:

it is c

Explanation:

because    it does mean To show relationship between quantity supplied

and prices.

How are college costs different based on the type and location of the school you choose as well as
your room and board arrangement?

Answers

Answer:

If you choose a private university, chances are your tuition is going way up. Prestigious university with accredited programs can also be a bit pricey. Same thing goes for Ivy league schools. Community colleges are relatively inexpensive anywhere you go. Universities in big cities often have a higher tuition if you're considering location. Room and board arrangements differ. If you choose to live on campus in a basic dorm the expense won't be too bad. Colleges could also have the option of off campus housing which is way more expensive and they have different rooms you can choose from. Meal plans are also included in room and board so that's something to consider.

Explanation:

You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increase?

Answers

Answer:

54.55%

Explanation:

The purchasing price is $55

Price has increased to $85.

The monetary increase = $85 - $55 = $30

As a percentage , the increase will be

=$30/$55 x 100

=0.545454 x 100

=54.5454%

=54.55%

Explain why you have to pay late fees with a credit card, but not with a debit card?

Answers

Answer:

because a credit card you are taking loans from your bank company but with a debit card it's the money you're putting on the card

When people use a credit card, their bank gives you loans, however when you use a debit card, it's your own money that gets put on the card.

What is debit card?

A form of plastic money or currency is a debit card. You can use it to make purchases even when you don't have any cash. Savings account holders typically receive a debit card that is linked to their account from banks. Every transaction performed with your debit card is detailed in your bank statement.

When you use a debit card to make a purchase, the money is almost immediately taken out of your checking account to pay for the goods. The money will be charged to your line of credit when you use a credit card, providing you more time to make the payment because it will be due later.

Thus, When people use a credit card, their bank gives you loans.

For more information about debit card click here:

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Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

What is the amount of interest paid?

- $360

- $1,800

- $18,000

- $30,000​

Answers

Answer:

1,800

Explanation:because

$30000*0.06=$1,800

The amount of interest paid is $1,800. Thus, option second is correct.

What is Simple Interest?

Simple interest is defined as the amount of interest paid on a specific principal amount at a given rate of interest. Compound interest, on the other hand, is the interest computed on the principal and interest accrued during the preceding month.

Borrowers may get a rough estimate of borrowing costs by using simple interest. Auto loans and short-term personal loans are often interest-only loans. Simple interest does not need the calculation of compound interest.

Given that,

Amount = $30000

Years = 5

Interest = 6 %

Amount to be paid every year can be computed with the help of the following formula:-

Total amount = Amount * Years * Interest / 100

Substituting the values in the above formula,

Total amount = 30000 * 5 * 6 / 100

= 90000/100

= $9000

Hence, the interest paid for one can be calculated as follows:-

Interest amount for each year = 9000 / 5

                                                   = $1800

Therefore, $1800 is the interest amount paid for each year. Hence, option second is correct.

Learn more about Simple Interest here;

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Brian really likes cars. He has a job that is far away from where he lives . Brian is buying a new car. After looking at many different cars, he buys a low-mileage, jet-black sports car. What decision - making method did Brian most likely use?

Answers

Answer:

Rational

Explanation:

Answer:

Emotional

Explanation:

PLEASE ANSWER THESE IT WOULD BE A HUGE HELP
1. Investing in bonds is risk free. Investing in stocks is much riskier. Why do you think fictional advisors suggest that it’s a good idea to own both stocks and bonds?
2. Each time you sell a stock to make a profit, you must pay tax on the money you make (the
difference between the buying and selling price). This is called capital gains tax. Do you think
capital gains tax is a good idea? Why or why not?

Answers

Answer:

Explanation:

1.

Advisors say to invest in both so that if you lose all your money on the stock market, you will still have a good amount of money invested in bonds, still safe. However, if you’re lucky and the stocks you invested in go up in value, you can earn a large amount of money in addition to the bonds you’ve invested in.

Oh I have this same one, right now i only know 1 TOT

Answer:

1. Advisors say to invest in both so that if you lose all your money on the stock market, you will still have a good amount of money invested in bonds, still safe. However, if you’re lucky and the stocks you invested in go up in value, you can earn a large amount of money in addition to the bonds you’ve invested in.

2. This one is opinionated and depends on your beliefs.

Explanation:

Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term

Answers

Answer:

B Deliberate

Explanation:

Planning involves thinking ahead of events. It entails preparing beforehand for future activities.  Managers will engage in planning to ensure the business meets its objectives.

There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.

reasons why biden/trump would make a good president WITHOUT mentioning the opposing canidate.

Answers

Answer:

please stop talking bout this stuff but biden is going to raise taxes and take away LGBTQ rights soo yeah that's not the best thing

Answer:

Trump will be a great president

Explanation:

VOTE FOR TRUMP

What kind of psychologist would someone who is dealing with the loss of a loved one most likely visit?

Answers

Answer:

Counseling psychologist

Explanation:

I just took the test! Good luck :)

What is the safest way to make sure you are using a copyrighted image fairly? A. Do a Google image search. B. Save the image to your own computer. C. Rename the image. D. Ask the copyright owner for permission.

Answers

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

Asking the copyright owner for permission is the safest way to make sure you are using a copyrighted image fairly.

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

pls help me asap.....

Answers

Answer:

d

Explanation:

Create your own buy and sell stock problem

Answers

Answer:

The cost of a stock on each day is given in an array, find the max profit that you can make by buying and selling in those days. For example, if the given array is {100, 180, 260, 310, 40, 535, 695}, the maximum profit can earned by buying on day 0, selling on day 3. Again buy on day 4 and sell on day 6. If the given array of prices is sorted in decreasing order, then profit cannot be earned at all.

Explanation:

Prepare the general journal entry (without explanation) needed to close Net Income or Net Loss for the year end. Use compound entries where required. If no entry is required then write "No Entry Required."

Answers

Answer:

Closing entry for closing net profit / net loss for the year ended

Explanation:

In case of net profit, for the year ended closed -

Profit & Loss a/c .. dr

to Capital ac

{Reason - As profit has credit balance, so nullifying by debiting it. And, profit increases capital, so capital a/c is credited}

In case of net loss, for the year ended closed -

Capital a/c .. dr

to Profit & Loss ac

{Reason - As loss has debit balance, so nullifying by crediting it. And, loss decreases capital, so capital a/c is debited}

When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.

constructive criticism
verbal warning
destructive criticism
discipline

Answers

Answer:

conatructive critcism

Explanation:

they are critisming you so you can do better

Type the correct answer in the box. Spell all words correctly. Which type of partnership should Adam and Donna choose? Adam and Donna have started their own business of making customized cell phone cases. However, Adam is also involved in another business and is not be able to dedicate time to the new business. He is willing to fund the business but is not able to help Donna in the daily operations. Donna suggests that they follow the partnership business structure.​

Answers

It doesn’t show the text can u type it again?

Answer:

Limited

Explanation:

A market supply schedule shows the relationship between


please!!!!!!

Answers

Answer: A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.

Explanation: I HOPED THAT HELPED,!

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