Answer: $392,000
Explanation:
For the 7/70 method, one has to multiply the annual income by 70%. After the value is gotten, then we multiply the value gotten by 7 again.
Since the annual income is $80,000 l, the amount of life insurance that should be bought should be:
= ($80,000 × 70%) × 7
= ($80,000 × 0.7) × 7
= $56,000 × 7
= $392,000
Which statement best explains why interest rates are impprtant when saving money? A lower interest rate allows someone's debt to grow more quickly The higher the interest rate the more cost to save money in a bank The higher the interest rate helps someone's money grow larger over time The lower the interest rate, the less it costs tk save money in a bank
Answer:
The higher the interest rate helps someone's money grow larger over time
Explanation:
Interest rate is the percentage earned by depositors on their deposit. For example, if a person save $200. If the interest rate is 10%, the person earns $20 on her deposit.
The higher the interest rate, the higher the growth in deposit.
For example if a bank offers a compound interest of 10% on deposit and another bank offers a compound interest of 20% on deposit. If $200 is deposited, after 3 years, the total amount that would be had in each bank is
$200 x (1.1)^3 = $266.20
$200 x (1.2)^3 = $345.60
It can be seen that the amount after 3 years is higher at the bank with the higher interest rate
What is the the effect on the foreign price with a combined domestic production subsidy and consumption tax applied by a small country on the same good at the same level?
Answer:
The effect these factor will have on Import is that it will lower Imports and decrease in imports = Increase in foreign prices
Explanation:
The effect on the foreign price when there is a combined domestic production subsidy and consumption tax applied on a good at the same level
i) when consumption tax is applied : The consumer price will increase by the amount of the tax and the demand for the good will decrease while the producer price will remain the same
ii) when production subsidy is applied : producer price will increase while the consumer price will remain unchanged
when they are both set at the same level ( i.e. consumption tax and production subsidy ) The producer price = consumer price
The effect these factors will have on Import is that it will lower Imports and decrease in imports = Increase in foreign prices
How can being open to transfers help employees in their career growth?
A they galn experience
B. transfers always Include a pay raise
C. they galn approval from the management
D. they have job security
Can we treat all small businesses the same? Why or Why not?
Answer:
Depends on what you define as small business, if you mean a mom and pop pharmaceutical store across the road that keeps the money within the family and has every member of the family working in the shop to create an infinite amount of revenue for themselves until they hit a profit, then sure. They contribute tax dollars to the community through supplying jobs and creating cheaper cost for locals, which gives incentive to buy more in bulk and thus creating more tax dollars. Unless you are talking about the man in the apartment building who makes home grade meals and sells them cheap to his community, then no. While he is contributing tax dollars all those dollars aren't going back into the community until he buys something with that money, and the people who spent that money just got a tax free meal that 't go into the community didn't.
Explanation:
Where does an employer first learn a worker’s basic information and job skills?
Group of answer choices
job application
phone screening
personal interview
on-boarding session
Answer:
job applications is the answer
Answer:
job application
Explanation:
Write a paragraph (5-8 sentences) that compares and contrasts grants, scholarships, and loans. Be sure to include the pros and cons of each.
Answer:
he lets talk on here pls
Explanation:
Gross sales is defined as the sales
for
and goods
given to customers.
Answer:
Gross sales is a metric for the total sales of a company, unadjusted for the costs related to generating those sales. The gross sales formula is calculated by totaling all sale invoices or related revenue transactions
FSU's bonds have a face value of $1,000 and are currently quoted at 867.25. The bonds have a coupon rate of 6.5 percent. What is the current yield on these bonds?
Answer:
the current yield is 7.49%
Explanation:
The computation of the current yield on the bond is shown below:
The current yield is
= Annual coupon payments ÷ Bond price
= ($1,000 ×6.5) ÷ $867.25
= $65 ÷ $867.25
Hence, the current yield is 7.49%
Marisa has gathered a pile of financial documents from the past year showing money she has taken in. She received money from alimony, child support, investment income, and unemployment compensation. She totals it all up to try to determine her gross income, but you know that she is making a mistake. What would you tell Marisa so she can correct her total?
Answer:Her salary from her job, alimony, and child support. All of these impact her income and can be included. The specific requirements vary by the type of lan and lender.
Explanation:
Marisa can correct her total by not including the child support amount in the calculation
What is income?One can define income as the area where a person makes their money might be described as the come. This can take the shape of work that is performed in exchange for payment as well as income that can be obtained through investments that are being made.
Her job's pay, alimony, plus child support obligations. Each of these could be included and have an effect on her income. The particular standards change depending on the borrower.
She is taking all the right decisions but the amount of child support is not included when it comes to the gross income. She needs to remove that amount to calculate it then only the amount which will come will be accurate.
Learn more about income, here:
https://brainly.com/question/14732695
#SPJ2
Only buy on credit, what you can pay for in cash refers to... Group of answer choices Credit Cards Payday Loans Morgages Auto Loans
Answer:
Credit Cards
Payday Loans
Auto Loans
Explanation:
In the field of economics, credit means to have the ability of having goods or the services before the payment of the goods which can be paid later in the future to the other party.
The following can be bought on credits and can be paid in cash later on. These includes :
Credit cards -- credits card are used to purchased item on credits to which the payment is done on a later date in the future.
Payday loans -- payday loans is a type of loan or money borrowed from someone with an interest that is to be paid in the future.
Auto loans -- auto loans are available to buy a car in credit and repaying the loan in cash to the bank in installments in the future.
Identify the type of business.
Exporting
does not require setting up any manufacturing plant in the nations the products are marketed. It involves producing goods locally.
General and legal and political environment
Hillary and Stephanie have both borrowed $15,000 from the same bank to buy the same model of a new car. Hillary's credit score is 732 and
Stephanie's credit score is 588. Who is likely to pay a lower finance charge?
Stephanie
Hilary
They will pay the same because they used the same bank
They will pay the same because they bought the same car
Answer:
Call me at (470)343-8439
Explanation:
What should a follow-up letter focus on?
Group of answer choices
full qualifications for the job
showing off technical knowledge
relating relevant background information
thanking interviewers for their time
Answer:
thanking interviewers for their time
Explanation:
Following a job interview, it has always been recommended that a job candidate should send a follow-up letter to the interviewers. This follow-up letter is expected to focus on many important things among which is "thanking interviewers for their time."
This is to show your appreciation and gratitude for the opportunity given to you and how the interview made the interview session went smoothly for you. You should also add how interested you in the job to the follow-up letter
Highlight four reasons why a person may start a business
i).....
Answer:
To create job opportunities
To earn or make profit
To new skill upskill
To demonstrate the value of entrepreneurs
Explanation:
Notices provide a cheap way of communicating the same information to a large number of people but they may not be read, or may be ignored. True or false ?
Answer:
True
Explanation:
Notices can be regarded as a form of
formal communication to pass information to particular person as well as group of people. This could be inform of invitation to attend a meeting, legal notice from court, announcement of a particular event,
A good business meets ________ needs.
please help me
A) specialized
B) future
C)identified
D)likely
Answer:
b specialized
Explanation:
it the one that makes the most sense
i'm pretty sure it's likely !
What school did Brittany Bailey go to on a field trip that helped her decided on her career?
Answer:
she went to the school called Lord duffrent public school.
Explanation:
Answer:
Go to pad let im back
Explanation:
70 of 500 respondents say they would visit a trampoline park. What percentage of respondents is this?
a. 14%
b.15.5%
c.17%
d.18.9%
Answer:
a. 14%
Explanation:
Total respondents = 500
100% = 500
1% = 500 ÷ 100 = 5
Since 1% of the 500 respondents is 5 people...
70 ÷ 5 = 14
70 of 500 respondents say they would visit a trampoline park. Thus, the percentage of respondents is 14%. Therefore, option 'A' is the correct option.
What is a percentage?Total respondents = 100% = 500
Therefore, 1% = 500 ÷ 100 = 5
Since, we know that 1% of the 500 respondents is 5 people
70 ÷ 5 = 14
A % in mathematics is a quantity or ratio that is stated as a fraction of 100 (from the Latin per centum, "by a hundred"). Although the abbreviations "pct.", "pct.", and occasionally "pc" are also used, the percent symbol, "%," is frequently used to indicate it. A % lacks dimensions and has no associated unit of measurement.
Long before the decimal system was invented, computations in Ancient Rome were frequently done using fractions that were multiples of 1/100. Centesima rerum venalium, for instance, was a 1/100 tax imposed by Augustus on commodities that were sold at auction. These fractions might be calculated in the same way as percentages.
Learn more about percentage, here:
https://brainly.com/question/29306119
#SPJ6
Have you seen Zack Snyder's Justice League on HBO Max?
Answer:
YES!
Explanation:
IT WAS AMAZING I WANT MORE DC FILMS LIKE THAG I DON'T CARE IF ITS ON HBO MAX I WANT MORE
1. What percent of respondents say they would
have NO way to cover a $400 expense?
Answer:
Bro the answer:
Explanation:
WORLDWIDE : 40%
AMERICA : 27%
Insurance offers consumers
Insurance customers don’t have a complicated need they want to choose from a good selection of policies to then get clear responsible prices.
Insurance is a tool for risk management. You get safeguards against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you may be responsible for paying all costs.
Its objective is to mitigate inadvertent loss and reduce financial uncertainty. This is done by trading the assumption of the risk of a sizable loss and a promise to make payments in the event of one for the payment of a small, predefined fee—an insurance premium—to an accredited insurer.
Learn more about the Insurance here:
https://brainly.com/question/989103
#SPJ6
Payroll records show employee earnings and any deductions from those earnings.
True
False
what is the biggest attraction for business considering enganing in international business?
A. The lack of domestic resources
B. The cost of labor
C. The number of burdensome regulations
D. The size of the market
How many trade schools are there for Avionics Technicians?
Answer:
Hi...
Explanation:
PLZ HELP
How are budgets different from other financial statements?
1. Budgets must be stored in a safe deposit box.
2. Budgets are available at any financial institution.
3. Budgets focus on future spending.
4. Budgets include details from past accounts.
Budgets are estimates prepared for a future period of time based on past information. Hence, Option 3 is the correct statement.
What do you mean by Budget?A budget is an estimate of revenue and expenses for a given future period of time that is typically compiled and re-evaluated on a regular basis.
Thus, Budgets are estimates prepared for a future period of time based on past spending activity. Hence, Option 3 is the correct statement.
Learn more about Budgets here:
https://brainly.com/question/24940564
#SPJ2
14. Labor and safety legislation assumes that?
A.safety risks are the cost of having a job
B.workers have a right to a safe workplace
C.employees must choose between family and work
Answer:
B.workers have a right to a safe workplace
Explanation:
Labor and safety legislation believes everyone should be safe at work.
help plz thanks
Drag each label to the correct location on the image. Not all tiles will be used.
Determine the purpose of conducting sales presentations.
Answer:
to share product information
A ceiling design that has a rectangular center that is either popped out or inverted to add an effect.
Answer:
tray ceilings
Tray Ceiling - Usually seen in dining rooms and kitchens, tray ceilings are built upwards in a cut out resembling a tray. It has a rectangular center that is either popped out or inverted to add an effect
Explanation:
Hope it helps
ok so plz do not take these points.
if ur reading this plz listen to ghost by badflower and then answer and tell me what u think and if u have also recently felt like that.
Answer:
its a good song i think its touching and yes i have recently felt like that.
Explanation:
Careers in the Hospitality and Tourism career cluster are
O highly desirable and pay high wages.
O bountiful and expected to continue to grow.
O seldom desirable and pay low wages.
O limited and expected to continue to decline.
Answer:
B
Explanation:
Edge
Careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow. Thus option B is correct.
What are Careers?Career sectors are means of classifying various career kinds based on shared characteristics. People can use these criteria to help them focus their job options and select a suitable path.
A collection of occupations that emphasize giving people food, lodging, aid to travelers, and enjoyable activities. The abundance of jobs in the travel and hospitality career cluster is anticipated to persist.
The planning, management, and provision of lodging, dining, entertainment, conferences, and tourism, as well as related arranging and community programs including transport services, are all part of a the hospitality and tourism employment cluster. Therefore, option B is the correct option.
Learn more about Careers, Here:
https://brainly.com/question/8825832
#SPJ6