Money that is in the account at the end of 15 years = $4177
To calculate the amount of money in the account at the end of 15 years, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal amount (initial deposit)
r = the annual interest rate (in decimal form)
n = the number of times the interest is compounded per year
t = the number of years
In this case, the initial deposit (principal) is $1000, the interest rate is 10% per year (0.10 in decimal form), the interest is compounded annually (n = 1), and the investment period is 15 years (t = 15).
Using the formula:
A = $1000(1 + 0.10/1)^(1*15)
A = $1000(1 + 0.10)^15
A = $1000(1.10)^15
A ≈ $1000(4.177)
A ≈ $4177
Therefore, at the end of 15 years, there will be approximately $4177 in the account.
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If the price index moves from 107 to 110, the rate of inflation is: Group of answer choices 3% 30% 28% 2. 8%
If the price index moves from 107 to 110, the rate of inflation is 2.8 %.The percentage change in inflation is then calculated by multiplying this by 100.Option D is correct.
Evaluating:Rate of inflation = 110 - 107 ÷107
= 0.0280 × 100 %
= 2.8 %
How is the rate of inflation determined by price index?The price index from the interest year is subtracted from the base year, and then the result is divided by the base year to determine inflation. The percentage change in inflation is then calculated by multiplying this by 100.
If inflation is too high, what happens?The consumer price index (CPI) is used to measure inflation, which maintains economic health at low rates. But when inflation rises quickly, it can have negative effects on the economy in the form of lower purchasing power, higher interest rates, slower economic growth, and other things.
Question incomplete:If the price index moves from 107 to 110, the rate of inflation is:
a. 3%
b. 30%
c. 28%
d. 2.8%
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Choose a bank in your community and ask for the forms that you need to fill out in order to open a checking account and a savings account. You may be able to get the forms from the bank branch or to download them from the bank’s website. Fill out both forms.
Then, for each account type, describe the following requirements:
- the information the bank wants
- the documentation required to support the information you provided
- the agreement you’re entering into with the bank by signing the form
(for finance class)
Answer:
This applies for the Bank of America
- the information the bank wants
For opening a savings or a checking account, the Bank of American only needs some basic personal information, and at least $25 from you, in order to start the account.
- the documentation required to support the information you provided
You need to provide the Bank with these documents:
A primary ID (for example, a driver's license, or a state's issued ID with photo)
A secondary ID (For example, a college ID)
Current mailing address
Social Security Number
Email address
Account number (in case you already have an account)
- the agreement you’re entering into with the bank by signing the form
The agreement is too long to transcribe in this answer, but it essentially compromises you to accept the terms or service of Bank of America. It also gives you information about how the Bank of America will manage your account, and how it will protect its security.
Answer:
Bank of America
- the data the bank needs
For opening an investment funds or a financial records, the Bank of American just necessities some fundamental individual data, and at any rate $25 from you, to begin the record.
- the documentation needed to help the data you gave
You need to furnish the Bank with these reports:
An primary ID (for instance, a driver's permit, or a state's given ID with photo)
A secondary ID (For instance, a school ID)
Current postage information
Social Security Number
Email address
Account number (on the off chance that you as of now have a record)
- the understanding you're going into with the bank by marking the structure
The arrangement is too long to even think about interpreting in this answer, however it basically bargains you to acknowledge the terms or administration of Bank of America. It likewise gives you data about how the Bank of America will deal with your record, and how it will ensure its security.
Explanation:
Exchanging a good or service for money is called
Answer:
The meaning of the word is Exchange
Explanation:
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,300 direct labor-hours will be required in January. The variable overhead rate is $8 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,170 per month, which includes depreciation of $3,590. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Answer:
$65,980
Explanation:
Calculation for what The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be
Using this formula
Cash disbursements for manufacturing overhead= Variable + Fixed
Let plug in the formula
Cash disbursements for manufacturing overhead=(3,300*$8) + ($43,170 - $3,590)
Cash disbursements for manufacturing overhead= $26,400 + $39,580
Cash disbursements for manufacturing overhead= $65,980
Therefore The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $65,980
Which conditions contribute to engine deposits ?
Answer: oxidation
combustion byproduct
road dust and dirt
moisture and acid.
Explanation:
One of the main cause of engine deposit is when one drives in areas whereby there are usually high temperature. In such scenarios, the excessive heat can lead to breakdown in the oil which results into engine deposits.
Other causes of engine deposit are oxidation, dust and dirts, the byproducts gotten from combustion etc.
Do you think lance is right to be concerned about leroy's plan for growth
Answer:
yes
please mark as brainliest
guess a number between 1-20
Answer:
17
Explanation:
Your Assignment, Part III
As the final part of this assignment, you will apply your understanding of tort law to scenarios in which a business is the defendant (or defendant tort-feasor). For each scenario, describe the specific type of tort case being brought against the defendant. Then, explain what the defendant will need to prove in order to get a ruling in their favor. Finally, describe the penalty that may be assigned to the defendant if the court rules against them.
1. Mr. Shanks goes to Hyperion Hospital to have a diseased kidney removed. After the surgery, he finds that his symptoms come back and grow even worse. When he returns to the hospital to find out what is happening, the hospital staff discovers that the surgeon removed Mr. Shanks’ healthy kidney instead of the diseased one.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
2. Two energy drink companies, Red Hornet and Blackout, have been competing with each other for years. In Blackout’s latest ad campaign, they have Red Hornet’s cartoon mascot making disparaging comments about its own product. Blackout’s ad also includes false claims that Red Hornet uses ingredients grown using slave labor. After the ad campaign runs, Red Hornet notices a drop in its energy drink sales.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
3. Larissa works at Opalescent, a high-end jewelry store. A customer comes in on a very busy day and complains about how long it takes for anyone to assist him. Larissa apologies, but the customer continues to complain. The customer, a very large man, soon begins insulting her personally and threatening her with violence. Larissa hits him with pepper spray, incapacitating him.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
Please Help:)
Answer:
ok
Explanation:
Why can't an advertisement for a sports drink claim it will improve athletic performance?
Answer:
I need help plzz can u plzz answer my question
Which statement best explains why the United States grew into a world
economic power in the 20th century?
O A. The United States prevented other countries from abandoning the
gold standard.
O B. The United States increased its participation in international trade.
C. The United States put effective trade barriers in place to limit trade
with other nations.
D. The United States stayed out of major world wars and instead
made economic investments.
Answer:
B. The United States increased its participation in international trade.
Explanation:
The correct option is - B. The United States increased its participation in international trade.
"The scope of market management depends on the size and nature of the business " . Justify the statement and critically analyse the current situation
Answer: Yes. The scope of market management depends on the size and nature of business.
Explanation:
The market management depends on various aspects of business and vise versa. It can happen both ways. Market management is the process of planning, decision making, controlling the marketing aspects of the company in terms with the goals and nature of the company. The type of marketing is determined by the size, nature and type of business. All these must go hand in hand to run a successful business.
c) 4 benefits which membership in a trade union can bring to employees are
Answer:
seguro de servicios medicos, la paga de horsa extras, la antiguedad, las pensiones,
Answer:
Unions are associated with higher productivity, lower employee turnover, improved workplace communication, and a better-trained workforce. There is a substantial amount of academic literature on the following benefits of unions and unionization to employers and the economy: Economic growth. Productivity.
Explanation:
an increase in europe's taste for u.s.-produced fords would cause the dollar to a. appreciate and would decrease u.s. net exports. b. appreciate and would increase u.s. net exports. c. appreciate, but the total value of u.s. net exports stays the same. d. depreciate and would decrease u.s. net exports. e. depreciate and would increase u.s. net exports.
An increase in europe's taste for u.s.-produced fords would cause the dollar to appreciate, but the total value of u.s. net exports.
What refers to an increase in a currency's value based on how much foreign money it can purchase?An gain in the particular currency in comparison to another is known as currency appreciation. For a variety of factors, including governmental policies, mortgage rates, current account, and business cycles, currencies appreciate against one another.
What of the foregoing will lessen the net capital outflow of a nation?The difference between domestic residents' purchases of foreign assets and foreign residents' purchases of domestic assets is known as the net capital outflow. Net investment outflow (NCO) of a nation will always be equal to net exports (NX). In the absence of change in other factors, a state's real interest rate rises reduce net capital outflow.
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Ramon has been appointed the manager of a retail store. He wants to bring the store into the modern era and direct its future by utilizing the latest trends in visual merchandising. What can Ramon do to achieve this?
Answer:quit school and beco
Explanation:
Answer:
C. install mannequin robots to display clothes
Explanation:
Among the offered answers, a truly avantgarde, modern approach is to implement robot mannequins in the store. With this tactic, customers would be incentivized to approach this innovative customer journey. Through pioneering this technique, Ramon's company would get a competitive advantage through visual merchandising.
fees for service are determined by which of the following?
Each bank
Each transaction
Each customer
Each branch of bank
Answer:
Each bank
Explanation:
Banks offer various types of services to customers such as funds transfers, check clearance, foreign exchange, among many others. Since the services are offered by the bank, it is the bank that charges the service fees. The banks also determine the amount of fees to charge per service.
Typically, a bank will apply uniform charges across all its branches. The charges for different services are determined by the bank's top management and apply to all its branches in a country.
netflix had a successful business model based on a large library of streaming content but then achieved even more success by also producing and distributing original content. this is an example of the potential value of .
Netflix's success in both streaming existing content and producing original content is an example of the potential value of diversification in a business model.
By diversifying its product offerings, Netflix was able to tap into new markets and create additional revenue streams. This also allowed them to differentiate themselves from competitors in a crowded streaming market.
Diversification can be achieved in various ways, including expanding product lines, targeting new customer segments, entering new geographic markets, or developing new channels of distribution. The benefits of diversification include reduced risk, increased revenue opportunities, and improved customer loyalty. However, it also involves additional costs and risks associated with managing multiple lines of business.
In Netflix's case, their original content allowed them to attract new subscribers and retain existing ones. It also gave them more control over their content library and reduced their reliance on third-party providers. Overall, diversification can be a powerful strategy for businesses looking to expand their reach and increase their bottom line.
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The two early economic plans proposed by President Carter improved economic growth. Did not improve economic growth. Gained support from many politicians. Reduced discrimination against banks.
The two early economic plans proposed by President Carter did not improve economic growth.
Jimmy Carter became the president of the United States at the time where the country was in a period of stagflation. There was high inflation in the country then and the economic growth was also very slow.
Jimmy carter tried to create reforms regarding the health sector, taxes, and the welfare of the nation.
His efforts to do these failed. One of the reasons why they failed was the fact that he had very poor relations with the congress.
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Answer:
B. did not improve economic growth.
Explanation:
edge2022 :)
“How can using technology to communicate be more challenging than person to person interaction?”
If a supply shock dramatically increases the prices of domestic goods in China, the American dollar will _____ and the Chinese yuan will ____.
depreciate, depreciate
depreciate, appreciate
appreciate, depreciate
appreciate, appreciate
unknown, depreciate
appreciate, depreciate
What was the purpose of the pandemic influenza Strategic Plan?
These strategies attempted to halt, restrict, or otherwise limit the spread of a pandemic to the United States, while also limiting domestic spread, minimizing sickness, misery, and mortality, and sustaining infrastructure and neutralizing the consequences on the economy and society as a whole.
What is the most prevalent cause of influenza?The flu causes severe damage to the lungs, nose, and throat. The most vulnerable include young children, the elderly, pregnant women, and those suffering from chronic conditions or with compromised immune systems. Symptoms include fever, muscle discomfort, cough, congestion, headaches, and fatigue. Rest and water are common flu remedies because they allow the body to combat the sickness on its own. Anti-inflammatory pain medicines sold over-the-counter may aid with symptoms. A annual flu vaccination can aid in both prevention and treatment of the flu. The flu is caused by influenza viruses infiltrating the nose, throat, and lungs. When people with the flu cough, sneeze, or talk, virus droplets are released into the air and perhaps into the mouths or noses of others around them.
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The price of a Honda Accord
a. and the price of a Honda Accord divided by the price of a Honda Civic are both real variables
b. and the price of a Honda Accord divided by the price of Honda Civic are both nominal variables.
c. is a real variable, and the price of a Honda Accord divided by a Honda Civic is a nominal variable.
d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.
Answer:
d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.
Explanation:
In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.
real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.
What is inflation?
Movement, whether upward or downward, of economic activity
Monetary value of final goods and services produced within a country for a specific time period.
The rate at which the price level of goods and services rises.
A measurement used by economics to measures average prices of a market basket of consumer goods and services.
if the six people listed in the table are the only producers in the market, and the equilibrium price is $6, how much producer surplus will the market generate?
The total producer surplus generated by the market will be $6 because all six producers are willing to sell their product at or above the equilibrium price.
And the market price is exactly the same as the highest price any producer is willing to accept. This means that each producer is able to sell their product at a price that is higher than their minimum acceptable price, resulting in a total producer surplus of $6.
Producer surplus refers to the difference between the price a producer is willing to sell a product for and the actual market price they receive. In this case, all six producers are able to sell their product at the same price as their minimum acceptable price, resulting in the maximum producer surplus. Any producer who is able to sell their product at a price higher than their minimum acceptable price will have producer surplus, and the total surplus for all producers will be $6. This illustrates the importance of the equilibrium price in ensuring both buyers and sellers benefit from the transaction.
This question should be provided with this data from the table:
Person Minimum Acceptable Price Actual Price (Equilibrium Price)
Carlos $3 $6Courtney $4 $6Chuck $5 $6Cindy $6 $6Craig $7 $6Chad $8 $6Learn more about equilibrium price https://brainly.com/question/22569960
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Barry Olson has mastered strong technical skills as the manager of a large toy store. He is very skilled at all the aspects of managing the store and the employees of the store. Soon, he will take a new position as regional manager for several toy stores. His boss remarked to him last week that he will be utilizing his _____ skills to communicate, coach, and motivate managers who have positions similar to his old position.
Answer:
human
Explanation:
Human skills are the skills that can be related to one another. The person who have the strong human skills that could easily engaged with the audience, potential customer. ALso at the same time they would able to connect with the people and those people who feel the individual at personally level
So as per the given situation it is a human skills
Who determines the interest rate for the nation?
How much should you deposit at the end of six months in an account paying 14% compounded semi-annually to receive semi-annual payments of P2,000 for the next 8 years?
The amount that you should deposit (present value) at the end of six months in an account paying 14% compounded sem-annually to receive semi-annual payments of P2,000 for the next 8 years is P18,893.30.
What is the present value?The present value is the future cash flows discounted at an interest rate to the current period.
Discounting is the opposite of compounding as the latter computes the future value while discounting computes the present value.
The present value is computed using the PV factor or an online finance calculator as follows:
N (# of periods) = 16 semiannual periods (8 years x 2)
I/Y (Interest per year) = 14%
PMT (Periodic Payment) = P-2000
FV (Future Value) = P0
Results:
PV (Present Value) = P18,893.30
Sum of all periodic withdrawals = P32,000.00 (P2,000 x 16)
Total Interest =P13,106.70
Thus, if you deposit P18,893.30 compounded at 14% in six months, you can withdraw P2,000 semiannually for 8 years.
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What caused the change in the yen's exchange rate? According to this graph, how has the yen's exchange rate changed?.
Answer: demand decreased
and
it has fallen
Explanation:
hope this helps <3
Decrease in demand has caused the change in the yen's exchange rate. Due to decrease in demand yen’s exchange rate has fallen.
What is exchange rate?The value of one country's currency in comparison to that of another or an economic region is known as the exchange rate. The majority of exchange rates are free-floating and fluctuate according to market supply and demand. There are some exchange rates that are restricted and not free-floating; instead, they are tied to the value of other currencies.
Exchange rates are typically either free-floating or set. Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price.
Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price. For example, USD stands for the United States dollar, while EUR stands for the Euro. EUR/USD is the currency pair that represents the dollar and the euro. It's USD/JPY, or dollar to yen, in the case of the Japanese yen. A conversion rate of 100 means that one dollar equals 100 yen.
One notable example of a nation with a restricted rate structure is China. The Chinese yuan is a currency that the government also controls. The Chinese government decides on a midpoint value for the currency each day, which gives the yuan a trading range of 2% from the midpoint.
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Which of the following would a recent journalism graduate most likely need to consider before taking a lower-level copyediting job at a major publishing conglomerate?
student loan debt
benefits package
potential for advancement
vacation time available
Answer:
potential for advancement
Explanation:
Answer:
Potential for advancement
Explanation:
the other three are important for all jobs, but specifically for conglomerates you are going to want to advance and eventually get better positions.
When you work for a conglomerate, each magazine will get its own editors as well as content to publish. But the workers still have to make sure what they put out there regards the policies, sales, and other factors of the company. A downside to conglomerates is that there are a lot of strict procedures and policies to follow to, and sometimes the general environment of one can be difficult. Working for a conglomerate means you should able to work with others, and help people come up with creative plans. You work with other people who are in the same field, and doing the work takes a lot of time and effort. You have to be flexible and creative, be able to communicate, as well as research a lot of things. There are benefits though in terms of being able to move up in your career, and advance through magazines getting good positions. There is also the pay that you get as well.
Ming Chen started a business and had the following transactions in June.
a. Owner invested $60,000 cash in the company along with $15,000 of equipment in exchange for its common stock.
b. The company paid $1,500 cash for rent of office space for the month.
c. The company purchased $10,000 of additional equipment on credit (payment due within 30 days).
d. The company completed work for a client and immediately collected $2,500 cash.
e. The company completed work for a client and sent a bill for $8,000 to be received within 30 days.
f. The company purchased additional equipment for $6,000 cash.
g. The company paid an assistant $3,000 cash as wages for the month.
h. The company collected $5,000 cash as a partial payment for the amount owed by the client in transaction e.
i. The company paid $10,000 cash to settle the liability created in transaction c.
j. The company paid $1,000 cash in dividends to the owner (sole shareholder).
Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation.
Assets = Liabilities + Equity
Cash + Accounts Accounts Common
Recolvable + Equipment = Payable + Stock - Dividends + Revenues + Expenses
a
b
Balance after a and b
c
Balance after c
d
Balance after d
e
Balance after e
f
Balance after f
g
Balance after g
h
Balance after h
i
Balance after i
j
Balance after j
The completion of the table showing the dollar effects of the transactions on the individual items of the accounting equation is as follows:
Assets = Liabilities + Equity
Cash + Accounts + Equipment = Accounts Common Stock
Receivable Payable
a $60,000 $0 $15,000 = $0 $75,000
b -1,500 $0 $0 = $0 -1,500
Balance after a and b
$58,500 $0 $15,000 = $0 $73,500
c $0 $0 $10,000 = $10,000 $0
Balance after c
$58,500 $0 $25,000 = $10,000 $73,500
d $2,500 $0 $0 = $10,000 $2,500
Balance after d
$61,000 $0 $25,000 = $10,000 $76,000
e $0 $8,000 $0 = $0 $8,000
Balance after e
$61,000 $8,000 $25,000 = $10,000 $84,000
f -$6,000 $0 $6,000 = $0 $0
Balance after f
$55,000 $8,000 $31,000 = $10,000 $84,000
g -$3,000 $0 $0 = $0 -$3,000
Balance after g
$52,000 $8,000 $31,000 = $10,000 $81,000
h $5,000 -5,000 $0 = $0 $0
Balance after h
$57,000 $3,000 $31,000 = $10,000 $81,000
i -$10,000 $0 $0 = -$10,000 $0
Balance after i
$47,000 $3,000 $31,000 = $0 $81,000
j -$1,000 $0 $0 = $0 -$1,000
Balance after j
$46,000 $3,000 $31,000 = $0 $80,000
What is the accounting equation?The accounting equation or the balance sheet equation defines the relationship of a company's assets being equal to its liabilities and owner's equity. The accounting equation implies that the equation remains in balance with each transaction. The equation gave rise to the duality of entries in financial accounting.
a. Cash $60,000 Equipment $15,000 Common Stock $75,000
b. Rent Expense $1,500 Cash $1,500
c. Equipment $10,000 Accounts Payable $10,000
d. Cash $2,500 Service Revenue $2,500
e. Accounts Receivable $8,000 Service Revenue $8,000
f. Equipment $6,000 Cash $6,000
g. Wages Expense $3,000 Cash $3,000
h. Cash $5,000 Accounts Receivable $5,000
i. Accounts Payable $10,000 Cash $10,000
j. Dividends $1,000 Cash $1,000
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Why would the stock exchange insist that all listed companies abide by a strict code of rules and procedures
Such regulations ensure that listed companies provide accurate and timely information about their operations and financial performance to potential investors. This enables investors to make informed investment decisions based on reliable and unbiased information.
The stock exchange, as a regulatory authority, mandates that all listed companies follow a strict code of rules and procedures to maintain transparency and fairness in the market. By following these regulations, companies also ensure that they comply with the law, operate ethically, and maintain high standards of corporate governance.
Furthermore, adherence to these rules and procedures also helps in protecting investors' interests by preventing fraudulent activities and insider trading. It also helps in maintaining the stability and integrity of the market, promoting healthy competition and preventing monopolies.
The stock exchange has the power to penalize companies that fail to comply with its rules and regulations, including fines, suspension, or delisting. Therefore, it is in the best interest of companies to abide by these rules and procedures to maintain their credibility and access to capital markets.
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