A bond has the following features: • Coupon rate of interest (paid annually): 5 percent Principal: $1,000 - Term to maturity! 12 years a. What will the holder receive when the bond matures

Answers

Answer 1

a) A holder will receive the principal amount when the bond matures.

b)Principal (FV) = $ 1,000

Period (nper) = 8 years

Rate (rate) = 9%

> Coupon (pmt) =5% * 1,000

                    = $ 50

> Using the PV function in the excel sheet, we can calculate the price of the bond as:

                                              = PV(rate, nper, -pmt, -fv)

                                              = PV(9%, 8, -50, -1000)

                                              = $ 778.60

> Firm is NOT expected to call this bond as Firm is paying acoupon rate of only 5% while if Firm takes debt, it has to pay 9%on debt. .

c) > The firm should remit the following amount each year:

 = Amount Outstanding / Future Value of Annuity Factor

                              = 100,000,000 / (((1 + i) ^ n – 1) / i)

                              = 100,000,000 / (((1 + 0.09) ^ 8 – 1) / 0.09)

                              = 100,000,000 / ((1.99256 - 1 ) / 0.09)

                              = 100,000,000 / 11.028473

                            = $9067438.43 or $ 9067439

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The question is incomplete, but the complete question most probably was:

A bond has the following features:

Coupon rate of interest (paid annually): 5 percent

Principal: $1,000

Term to maturity: 8 years

What will the holder receive when the bond matures? -Select-

If the current rate of interest on comparable debt is 9 percent, what should be the price of this bond? Assume that the bond pays interest annually. Use Appendix B and Appendix D to answer the question. Round your answer to the nearest dollar. $

Would you expect the firm to call this bond? Why? -Select- ,

since the bond is selling for a -Select- .

If the bond has a sinking fund that requires the firm to set aside annually with a trustee sufficient funds to retire the entire issue at maturity, how much must the firm remit each year for eight years if the funds earn 9 percent annually and there is $100 million outstanding? Use Appendix C to answer the question. Round your answer to the nearest dollar. $


Related Questions

i need help with Question B5 (a) short essay. im completely lost please help me :(

i need help with Question B5 (a) short essay. im completely lost please help me :(

Answers

In xigift try i jkyukuo

What is the marginal revenue and marginal cost for this diagram?

What type of market is this? Explain your answer

What is the marginal revenue and marginal cost for this diagram?What type of market is this? Explain

Answers

Marginal revenue :

2060120200300420560

Marginal cost :

108210192640

It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.

Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.

Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.

Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.

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the process of setting standards, receiving feedback on actual performance, and taking corrective action whenever actual performance deviates significantly from planned performance is known as

Answers

The process of setting standards, receiving feedback on actual performance, and taking corrective action whenever actual performance deviates significantly from planned performance is known as performance management.

This process involves the following steps:

1. Setting performance standards: Establish clear, measurable, and achievable objectives for individual employees, teams, or the organization as a whole.
2. Monitoring performance: Regularly track and evaluate employees' progress toward meeting the established standards.
3. Providing feedback: Communicate with employees about their performance, offering praise for achievements and discussing areas for improvement.
4. Taking corrective action: Implement changes, such as additional training or adjustments to goals, to address performance gaps and help employees reach their full potential.

The overall goal of performance management is to improve the effectiveness and efficiency of individuals, teams, and organizations.

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The _____ refers to a situation where ads appear alongside text the advertiser would like to avoid.
a. fast follower problem
b. ad network failure problem
c. collaborative filtering problem
d. content adjacency problem
e. affiliate advertising problem

Answers

The  content adjacency problem  refers to a situation where ads appear alongside text the advertiser would like to avoid. Option d.

What is content adjacency problem

Adjacency is a term used in search engine optimization (SEO) to explain the relationship between words used in a search engine query. Web pages with the search phrases adjacent to one another are valued more highly than those with the terms on the same page but separated by other words.

Concern regarding a company's advertisement running is referred to as a content agency problem because of the dubious titles on social networking sites. Producing material with the goal of marketing it through paid distribution channels is known as content advertising. This can apply to PPC campaigns, sponsored placements, paid social, and any other form of paid advertising. A content advertising campaign can produce any type of material.

Hence the difficulty that marketers have matching their advertisements to their content in a way that makes sense is known as the "content adjacency problem."

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The  Option d. content adjacency problem refers to a situation where ads appear alongside text the advertiser would like to avoid.

What is content adjacency problem?

Adjacency is a term used in search engine optimization (SEO) to explain the relationship between words used in a search engine query. Web pages with the search phrases adjacent to one another are valued more highly than those with the terms on the same page but separated by other words.

Concern regarding a company's advertisement running is referred to as a content agency problem because of the dubious titles on social networking sites. Producing material with the goal of marketing it through paid distribution channels is known as content advertising.

Hence the difficulty that marketers have matching their advertisements to their content in a way that makes sense is known as the "content adjacency problem."

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Robert receives a salary of $60,000 per year, or $2,500 semi-monthly. How
much does his employer pay for his unemployment tax for the entire year?
A. no limit
B. $0
C. $840
D. $420

Answers

Answer:

B. $0

Explanation:

Unemployment tax known as FUTA (The Federal Unemployment Tax act) is imposed on employers based on the wage and salaries they pay their employees. Employers who pay $1500 and above per calendar quarter are mandated to pay FUTA. Unlike other payroll-based taxes, employers are not required to deduct FUTA from employees. Therefore, nothing should be withheld from Robert's income as unemployment tax.

The Porter family used an online family budget estimator to compare the costs of living in Baltimore and San Francisco for a family with two parents and two children. Where is the cost of living higher?
Baltimore
San Francisco
The cost of living is the same for both cities.
There is not enough information to determine which city has a higher cost of living.

Answers

Option (b), The Porter family compared the cost of living in Baltimore and San Francisco for a family of two adults and two kids using an online family budget estimator. In San Francisco, living expenses are higher.

What are the seven necessities for a family budget?

Make a list of your household's monthly expenses, including your needs and wants while keeping in mind that every family has unique requirements and preferences. You're likely to include your requests like housing costs, child care costs, food costs, health insurance, travel costs or car payments, utilities, and phone/internet bills.

In other words, because the cost of living index for the majority of requirements is higher in California than it is in Baltimore, it will be more expensive to live there than it will in Baltimore. An apartment in Baltimore, for example, is more expensive to rent than one in California. California's income distribution, restaurant costs, the purchasing power parity rate, and other factors should also be considered. To augment their prior monthly budget and maintain their lifestyle in California, the family may need an extra $1000 each month.

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a marketer who first identifies consumer needs and then creates value by providing products that satisfy those needs is practicing the .

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The marketing concept is applied by a marketer who first determines consumer wants and then produces value by offering items that meet those needs.

A marketing concept is a set of tactics that businesses use to analyse client needs and put into practise plans to satisfy them. By doing this, they boost sales, maximise profits, and outperform the competition.

The marketing concept is the widely accepted notion that businesses succeed by satisfying the requirements of their customers. Businesses who embrace this viewpoint freely admit that their clients are the lifeblood of their operations.

In a nutshell, it is an action made to draw attention to a business's offerings, which may include both tangible products for sale and services provided. Television commercials, billboards at the side of the road, and magazine adverts are typical instances of marketing at work.

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Complete question:

A marketer who first identifies consumer needs and then creates value by providing products that satisfy those needs is practicing the ________.

A) sales orientation

B) marketing concept

C) customer lifetime value concept

D) production orientation

E) social responsibility concept

explain reasons for NGO's and CBOs to be part of the market environment

Answers

Answer:

explain reasons for NGO's and CBOs to be part of the market environment

Explanation:

explain reasons for NGO's and CBOs to be part of the market environment

Explanation:

NGOs exist for a variety of purposes, usually to further the political or social goals of their members. Examples include improving the state of the natural environment, encouraging the observance of human rights, improving the welfare of the disadvantaged, or representing a corporate agenda.

Describe the arrangement many parents and students make if the parent decides to take out a Parent PLUS Loan.
I NEED A ANSWER AS QUICKLY AS POSSIBLE I NEED TO TURN IN THIS TODAY

Answers

Parents of dependent undergraduates may use Direct PLUS Loans, which are federal loans, to aid with the cost of attending college or a career school. PLUS loans can help pay for educational expenses that other types of financial aid do not cover.

Are parents need to obtain a parental PLUS loan?

A PLUS loan request from one parent only needs to be turned down. The student is not qualified for higher Stafford Loan limitations, though, if one parent is refused a PLUS loan while the other is authorized for one.

Is obtaining a parental PLUS loan simple?

Although parent PLUS loans have fewer stringent credit standards than student loans from private lenders, your application could still be rejected if you have a poor credit history that will last for longer than a year. contracts for the sale of products worth more than $500.

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A bond that pays interest semiannually has a price of $958.56 and a semiannual coupon payment of $29.50. If the par value is $1,000, what is the current yield

Answers

The current Yield on the  price of $958.56 and a semiannual coupon payment of $29.50. If the par value is $1,000 is 6.16%.

What is current Yield?

Current Yield is defined as the rate of return that is yielded by a bond on its actual price, without share for the information that it will be pay off at par at maturity date.

The formula of the Current Yield is:

\(\text{Current Yield}= \dfrac{\text{Annual Coupon Payment}}{\text{Price Of Bond}}}\)

According to the given information,

Price = $958.56

Coupon Payment = $29.50

Per Value = $1000

Current Yield = ?

Annual Coupon Payment:

\(\text{Annual Coupon Payment} = \text{Semi-Annual Coupon Payment} \times 2\\\\\text{Annual Coupon Payment} =\$29.50 \times 2\\\\\text{Annual Coupon Payment} = \$59\)

Then apply the given values in the above formula, to get the current Yield:

\(\text{Current Yield}= \dfrac{\text{Annual Coupon Payment}}{\text{Price Of Bond}}\\\\\text{Current Yield}= \frac{59}{958.56}\\\\\text{Current Yield}= 0.06155\\\\\)

Then the current Yield rate is:

\(=\dfrac{0.06155 }{14000}\\\\ =6.16\%\)

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mickey wants to buy a new 50-inch tv to put in his bedroom. he has already narrowed down his choices to sony, panasonic, and sharp. he compares these three on four attributes: picture brightness, resolution, weight, and sound quality. (his dad is going to pay for it, so price is no object.) he then develops the following table. (all ratings and importance weights are measured on 10-point rating scale like the example discussed in lecture.) which tv is mickey most likely to buy?

Answers

Mickey will most likely buy Panasonic TV. Using the multi-attribute model Mickey will choose to eat based on which restaurant has the highest total weighted rating.

Sony's total weighted rating = (3 x 8) + (9 x 10) + (8 x 4) + (8 x 5) = 24 + 90 + 32 + 40 =186 Panasonic's total weighted rating = (6 x 8) + (8 x 10) + (5 x 4) + (9 x 5) = 48 + 80 + 20 + 45 = 193 Sharp's total weighted rating = (9 x 8) + (6 x 10) + (5 x 4) + (7 x 5) = 72 + 60 + 20 + 35 = 187 Panasonic has the highest total weighted rating so the correct answer is B.

Consumers frequently go through a few steps while determining whether to buy anything before deciding. Discover the definition and hierarchy of the five stages of decision-making that every customer goes through when selecting a product.

Consumers choose products depending on which ones meet their needs the best, and to reduce the danger of making poor investments, they make sure there are no better choices available.

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According to the video, what skills do urban and regional planners need?

Answers

Answer:

communication skills

computer skills

negotiation skills

Urban and Regional Planners need Analytical skills, Communication skills, Decision making skills, and Leadership skills.

Who are Urban and Regional Planners?

Among other areas of interest, urban and regional planners may choose to specialize in topics like transportation planning, community development, historic preservation, or urban design. Public servants, civil and environmental engineers, architects, attorneys, and real estate developers are all common collaborators with planners.

The skills that Urban and regional planners need to posses are:

Knowledge of urban spatial structure or physical design and the way in which cities work.Ability to analyze demographic information to discern trends in population, employment, and health.Knowledge of plan-making and project evaluation.

Therefore, analytical skills, communication skills, decision making skills, and leadership skills are required by urban and regional planners .

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jorge wants to learn more about how his customers like the new items on the resturaunt menu. what would be the quickest and best research tool

Answers

A survey is a technique for acquiring data from a sample of people by asking pertinent questions with the goal of comprehending populations as a whole.  Hence option D is correct .

What kinds of surveys exist?

Everyone involved in the information economy, from corporations to the media to the government and academia, relies on surveys as a vital source of information and insights.

There are four widely used surveying methods.

direct interviewstelephone pollsSelf-administered questionnaires on paper and in pencilComputerized self-reporting surveys (typically online)

Although the methods used to conduct surveys vary greatly, there are some common elements. Researchers in many different disciplines of study, including survey methodologists, psychologists, statisticians, and others, have thoroughly examined many of these characteristics.

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The question was incomplete and the question is complete

Jorge wants to learn more about how his customers like the new items on his restaurant menu. What would be the quickest and best research tool to find out this information?

observations

learning from experts

interviews

surveys

what is referred to a process that involves developed action plan that leads to achieving specific goals​

Answers

Answer:

The appropriate approach is "Developing strategic plan ".

Explanation:

Knowing what it does and reevaluating it to ensure that it is the leading northern star for certain activities seems to be the secret to creating a successful strategic planning strategy. This strategy includes defining the intent, strategies, and procedures of an organization which would be used to achieve those objectives. As such, this strategy seems to be an important aspect of the operation of an organization, even though it is necessary to undertake the process of designing the schedule with serious thought and thoroughness.

Goal setting is the process which involves developed action plan.

Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.

Setting a deadline for a goal create a schedule to achieve the particular goal.

Some benefit of goal setting in an organisation includes:

Goals provides Motivation because energy are directed for accomplishment of the task.Its provides a dedicated direction for the company.Goal setting result to sense of personal satisfaction.Its bring forth clear focus on what is important.Its brings Clarity in Decision Making in a company.New goals become part of an organisation purpose of existence.

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It’s a good idea to use a _____ to track your job hunting efforts.


map

scrapbook

journal

calendar

Answers

answer is journallll

which of the following is not true of organizations using the differentiation hr strategies?

Answers

The explanation that isn't correct regarding differentiation HR strategies is workers have elevated degrees of independence.

Separation HR procedures are carried out by associations to make an upper hand by separating themselves from their rivals as far as their HR rehearses.

Separation HR strategies, otherwise called separation based human asset techniques, are approaches utilized by associations to separate themselves from contenders by zeroing in on exceptional and creative human asset rehearses. These methodologies include planning and carrying out HR approaches and practices that are unmistakable and custom-made to meet the particular necessities and objectives of the association.

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The change in total cost associated with a change in quantity produced is called _____. Multiple choice question.

Answers

The change in total cost associated with a change in quantity produced is called "marginal cost."

What's marginal cost?

Marginal cost is an important concept in economics and helps firms determine the most efficient level of production. It represents the additional cost incurred when producing one more unit of a good or service.

As production increases, marginal cost may initially decrease due to economies of scale, but eventually, it will rise as a result of diminishing marginal returns.

By comparing marginal cost with marginal revenue, businesses can identify the optimal output level that maximizes their profit. In summary, marginal cost is a key factor in production decisions and overall business strategy.

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why did jeffrey immelt make his statement regarding outsourcing?

Answers

Jeffrey Immelt's statement on outsourcing was driven by the need to adapt to the evolving business landscape and capitalize on the opportunities offered by globalization.



Jeffrey Immelt, the former CEO of General Electric (GE), made his statement on outsourcing primarily because of the changing business environment and the need to adapt to the challenges and opportunities presented by globalization. There were a few key factors behind his statement:

1. Cost-effectiveness: Outsourcing enables companies like GE to reduce operational costs by leveraging expertise and lower labor costs in countries such as India and China. Immelt's statement highlighted the importance of this strategy in maintaining GE's competitiveness in the global market.

2. Access to new markets: Immelt emphasized the need for GE to expand its global presence and tap into the rapidly growing markets of developing countries. Outsourcing is a vital component of this strategy, as it allows the company to establish a foothold in these regions and cater to local customers more effectively.

3. Focus on core competencies: By outsourcing non-core activities, GE can focus on its core competencies, such as innovation, research and development, and high-end engineering. This strategy ensures that GE continues to excel in its areas of expertise while delegating other tasks to external partners.

4. Talent pool and innovation: Outsourcing also enables GE to access a diverse talent pool and encourage innovation through collaboration with global partners. Immelt's statement emphasized the significance of nurturing global talent to drive the company's growth and success.

In conclusion, Jeffrey Immelt's statement on outsourcing was driven by the need to adapt to the evolving business landscape and capitalize on the opportunities offered by globalization. By outsourcing, GE can achieve cost-effectiveness, access new markets, focus on core competencies, and foster innovation by collaborating with a global talent pool.

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the greater the dash the easier the object will move​

Answers

Answer:

correct. its true and I absolutely agree with you. good job

Explanation:

Bc y=2x-1^3 is the equation


AASB 15 identifies the objective of the standard as ‘to
establish the principles that an entity shall apply to report
useful information to users of financial statements about the
nature, amount, ti

Answers

AASB 15 identifies the objective of the standard as ‘to establish the principles that an entity shall apply to report useful information to users of financial statements about the nature, amount, timing, and uncertainty of revenue and cash flows arising from a contract with a customer.’

AASB 15 provides guidance on how to recognize revenue from the contract with customers. It also provides specific principles for recognizing revenue in accordance with IFRS (International Financial Reporting Standards). The principles provided in AASB 15 include the following:Identifying the contract with the customer;Identifying the performance obligations in the contract;Determining the transaction price;Allocating the transaction price to the performance obligations; andRecognizing revenue when the performance obligations are satisfied.The above principles aim to provide useful information to users of financial statements about the nature, amount, timing, and uncertainty of revenue and cash flows arising from a contract with a customer. The principles provide guidelines on how entities can recognize revenue from the contract with customers in an accurate and transparent manner.

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What should we conclude from the statement that "the cognitive and the emotional
are combined in philosophy"?
Philosophers are often thought of as walking, talking computers.
We should think the hardest about the beliefs that we care about the most
deeply.
Our feelings and opinions should guide us when we do philosophy.
The primary work of philosophy is to analyze emotion.

Answers

We should conclude that the primary work of philosophy is to analyze emotion

Philosophy is an activities that help people to understand fundamental truths, existence, knowledge, values, mind et

Let understand that emotion has a influence on the cognitive processes in humans. Ability to learn, emotions, knowledge, memory, reasoning are all cognitive processes.

In conclusion, the primary work of philosophy is to analyze emotion in human because its depends on cognitive of human which are influenced by emotions.

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Examine the following sentence and citation: The Justice wrote that the exemption "can be invoked to stop the release of documents not originally created for law enforcement reasons." Jane Dee Agency v. Joannie Jay Corp. 393 U.S. 232, 246-247 (1987) (Stevens, J., dissentíng). Where in the opinion can the quoted section be found? Paragraphs 232-247 Paragraph 246 Section 393 Pages 246.247 Page 232

Answers

The quoted section in the given sentence and citation can be found in "Paragraph 246" of the opinion.Explanation:The given sentence and citation is:The Justice wrote that the exemption "can be invoked to stop the release of documents not originally created for law enforcement reasons."

Jane Dee Agency v. Joannie Jay Corp. 393 U.S. 232, 246-247 (1987) (Stevens, J., dissentíng).The excerpt in quotation marks indicates that the document in question can not be released because it was not produced for law enforcement purposes. It further indicates the relevance of an exemption which can be enforced in such cases.The citation is of the opinion given by Justice Stevens. It is a way to provide accurate information about a case. Citations enable people to locate the law being cited.  It includes the case name, the volume number, the reporter number, and the year of decision. The citation includes the name of the Justice and the page numbers where the quotation was extracted from. This is helpful to readers who want to access the quoted text. Therefore, the quoted section in the given sentence and citation can be found in "Paragraph 246" of the opinion.

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Sean works at Rowen Corp., an environmentally conscious apparel manufacturing company. He primarily focuses on the tastes and needs of the firm's customers. He achieves this by managing a team that regularly interacts with customers through various promotional activities and events. He also provides insights on how to produce eco-friendly outfits through his specialized knowledge of cost-efficient manufacturing processes. This implies that Sean:_______.a) is an HR professional.
b) encourages centralized decision making.
c) is a knowledge worker.
d) encourages a narrow business focus.
e) belongs to the external labor market.

Answers

Answer:

c) is a knowledge worker

Explanation:

A knowledge worker is an individual who is skillful, experienced, educated and whose duty is to apply his or her thinking creativity on the job. According to Peter Drucker, a knowledge worker is someone who is innovative and creative in terms of developing new products and services and one who always find a better way of doing things.

The job of a knowledge work is very complex hence involves expertise on the subject field. A knowledge worker most often develop new ideas and strategies to meeting needs of people rather than focusing on manual and repetitive work. Example of knowledge workers includes but not limited to engineers, scientists, physicians, lawyers etc.

A credit union

Question 3 options:

is larger than most banks


promotes good spending habits among its members


will allow anyone to join


provides financial service at a higher cost than a bank

Answers

Answer: A credit union promotes good spending habits among its members.

the+interest+on+a+$25000,+6%,+30-day+note+receivable+is+(use+360+days+for+calculation.)

Answers

To calculate the interest on a $25,000, 6%, 30-day note receivable using a 360-day calculation, we can use the formula: Interest = Principal x Rate x Time. In this case, the principal is $25,000, the rate is 6%, and the time is 30 days.

First, we need to convert the time from days to years since the interest rate is an annual rate. We divide 30 days by 360 days to get 0.0833 years.

Next, we plug in the values into the formula: Interest = $25,000 x 0.06 x 0.0833.

Calculating this, we find that the interest on the note receivable is approximately $124.98.

Therefore, the interest on the $25,000, 6%, 30-day note receivable using a 360-day calculation is approximately $124.98. This represents the cost of borrowing the principal amount for the given time period at the specified interest rate.

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Marcus prepared for his upcoming interview by wearing a navy suit, dress shoes, a white shirt, and a patterned tie. He also practiced answering possible interview questions. Marcus was ___________.

Answers

Options :

A. Prepared: made ready in advance

B. Fortified: strengthened and secured

C. Qualified: having the required skills

D. Trained: having acquired necessary knowledge or skill

Answer: A. Prepared: made ready in advance

Explanation: Preparedness may be explained as a measure of an individual's state of readiness with respect to an imminent assignment, action or chore. Being prepared could involve physical readiness such as in the case of Marcus donned the attire he intends to use for his upcoming interview before the interview date, this will help him access is physical state in the outfit prior to the main event. Also, Marcus exhibited mental Preparedness by practicing possible interview questions in other to boost his knowledge and mental state. This shows that Marcus was fully ready before the main interview.

ASAP!!
What does a most-favored-nation (MFN) status mean?

a. A country is exempt from product standards that make it expensive for goods to be imported.

b. A country has special licensing agreements with U.S. corporations.

c. A country pays the same tariffs as those paid by all MFN countries.

d. A country has a special exemption from all tariffs in the United States.

Answers

Answer:

c

Explanation:

The functional area which includes the business process to check quality is called ________.

Answers

The functional area that includes the business process to check quality is called Quality Assurance (QA).

Quality Assurance focuses on ensuring that products, services, or processes meet or exceed specified quality standards. It involves systematically monitoring, evaluating, and improving various aspects of a company's operations to ensure consistent quality outcomes.

QA activities may include developing quality control procedures, conducting inspections, performing tests, analyzing data, identifying areas for improvement, implementing corrective actions, and establishing quality benchmarks.

The primary objective of Quality Assurance is to prevent defects, errors, or deviations from standards, and to ensure that customers receive products or services that meet their expectations.

By implementing effective QA processes, organizations can enhance customer satisfaction, minimize risks, and maintain a competitive advantage in the marketplace.

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What stage of the Lewin model of organization change is exemplified by managers letting people who will be affected by an impending change know the reasons for the change

Answers

Unfreezing stage of the Lewin model of organization change is exemplified by managers letting people who will be affected by an impending change know the reasons for the change.

The Lewin model is what?A straightforward and simple paradigm for humanizing the change management process is Lewin's change model. You are able to plan and carry out the necessary modification using these three separate stages of change (unfreeze, change, and refreeze).The theory of change management, which is a component of strategic management that aims to guarantee that a business adjusts to the environment in which it operates, has benefited greatly from Lewin's Force Field Model.What is organization?An entity, such as a business, institution, or association, that consists of one or more people and has a specific function is known as an organization.The word is derived from the Greek word organon, which also refers to an organ and several tools or instruments.

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Step 3: Creating a Balanced Family Budget
a) Search for a "family budget estimator" and calculate the monthly expenses for a family living
in your city.
Insert a screenshot of the calculator you used, as well as all of the information you entered
into it. If you are unable to insert a screenshot, then list the information below. (10 points)
b) State the minimum monthly income and hourly wage per worker needed to cover monthly
expenses for the family you used in part a. Then, explain how to calculate the hourly wage
Show we’re u found your information

Answers

The family budget calculator use is attached accordingly. See relevant definition below.

What is the minimum monthly income and hourly wage per worker required to cover the monthly expenses indicated in the budget?

The total budget indicated is $7,304. Hence to cover for the above expenses, one would need to work for at least 8 hours per day, and 5 days a week at the minimum income wage of $50 dollars/Hour.

This translates to:


50 x 8 x 20

= $8,000

What exactly is a family budget?

A family budget is a plan for your household's incoming and outgoing funds for a specific time period, such as a month or year.

What is the definition of a Family Budget Calculator?

The Family Budget Calculator calculates the amount of money required for a family to maintain a modest but decent level of life.

The budgets project community-specific expenses for ten different family types (one or two adults with zero to four children) across all counties and metro regions in the United States.

Learn more about Family Budget Calculator:

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Step 3: Creating a Balanced Family Budgeta) Search for a "family budget estimator" and calculate the
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