Flexible budget variances are usually better indicators of performance than static budget variances because they provide a more accurate assessment of how well a company has performed relative to its actual level of activity or output.
Here are the reasons why flexible budget variances are preferred:
Reflects changing activity levels: A static budget is prepared based on a single predetermined level of activity. However, actual activity levels often deviate from the initially planned levels. A flexible budget adjusts the budgeted amounts based on the actual activity achieved, allowing for a more realistic assessment of performance. By comparing actual results to the flexible budget, managers can evaluate performance considering the actual level of activity and its impact on costs and revenues.
Provides better cost control: Flexible budgets account for the variable nature of costs and expenses. They take into consideration how costs change as activity levels fluctuate. By comparing actual costs to the flexible budget, managers can identify the causes of cost variances more accurately. This information enables them to take appropriate corrective actions and exercise better cost control.
Enhances decision-making: Flexible budgets provide more relevant information for decision-making. Managers can evaluate the impact of different activity levels on costs and revenues by using the flexible budget. This analysis helps in making informed decisions related to pricing, resource allocation, capacity planning, and production levels.
Supports performance evaluation: Static budget variances do not consider changes in activity levels, which can lead to misleading performance evaluations. In contrast, flexible budget variances isolate the effects of activity level changes from other factors when assessing performance. This allows managers to focus on factors within their control and assess how efficiently resources were utilized at the achieved activity level.
Overall, flexible budget variances offer a more accurate representation of performance by accommodating changes in activity levels. They provide managers with better insights into cost control, decision-making, and performance evaluation, making them superior indicators of performance compared to static budget variances.
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A 3rd degree burn has burnt only part of the epidermis. the epidermis only. the epidermis and dermis. the epidermis and part of the dermis.
A 3rd degree burn has burnt the epidermis and part of the dermis. Option 3 is the correct answer.
A 3rd degree burn is a severe burn that extends through the entire thickness of the skin. In a 3rd degree burn, the epidermis, which is the outermost layer of the skin, and part of the dermis, which is the layer beneath the epidermis, are affected. This type of burn destroys the full thickness of the epidermis and can extend into the deeper layers of the dermis.
The epidermis serves as a protective barrier for the body, preventing the entry of harmful substances and pathogens. It also helps regulate body temperature and plays a role in the production of vitamin D. The dermis provides structural support, contains blood vessels, nerve endings, sweat glands, and hair follicles.
Due to the severity of the injury, 3rd degree burns often require medical intervention and specialized treatment. They can result in extensive tissue damage, loss of sensation, and impaired healing. Treatment may involve surgical interventions, such as skin grafting, to promote healing and minimize the risk of infection. Rehabilitation and long-term care are often necessary to manage the physical and psychological effects of a 3rd degree burn.
Hence, option 3 is the right choice.
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Due to the necessity of living on a fixed income, many retirees find it difficult to _______. a. Afford to keep their large homes b. Maintain their old standard of living c. Pay for unexpected expenses d. All of the above
Answer:
D:all the above
Explanation:
i took the unit test.
Answer:
Its 100% D
Explanation:
Got a 100%
The effort used to coordinate the factors of production is a description of:_______
a. physical capital.
b. human capital.
c. labor.
d. entrepreneurship.
Answer:
The effort used to coordinate the factors of production is a description of entrepreneurship.
The effort used to coordinate the factors of production is a description of d. entrepreneurship.
What are the factors of production in entrepreneurship?
The elements of production are assets that are the constructing blocks of the financial system; they're what human beings use to produce items and offerings. Economists divide the factors of production into 4 categories: land, labor, capital, and entrepreneurship.
Within the first halg of the 20th century, some authors added the work of organization or entrepreneurship as a fourth factor of manufacturing. This has become preferred within the publish-struggle Neoclassical synthesis.
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A bank reconciliation is a(n) ______. Multiple choice question. internal report prepared to verify the accuracy of the voucher system external report prepared after the recording of adjusting entries and the preparation of financial statements internal report prepared to compare the company's cash records with the bank statement report prepared by the bank to independently verify the accuracy of the cash balance per the company's accounting records
A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.
Bank reconciliation is the way in which the bank balance is compare with cash balance in order to detect and rectified any discrepancies or error.
Important of Bank reconciliation includes:
• It enables company's or organizations to know the actual position of their bank balanc
•It help to detect errors
•It help to detect fraud
•It help to prevent fraud
•It help to prevent embezzlement of money.
•It help to verify the accuracy of both the bank balance and the cash balance.
Inconclusion A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.
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4. What are some of the things that could happen on the job that would cause me to resign?
Answer:
Some of the things that could happen on the job that would cause you to resign are:
A toxic work environment. If you are constantly feeling stressed, anxious, or unhappy at work, it may be time to resign. A toxic work environment can have a negative impact on your physical and mental health, and it can make it difficult to be productive.A lack of opportunities for growth. If you feel like you are not learning or growing in your current role, you may be ready to move on. A lack of opportunities for growth can lead to boredom, frustration, and a feeling of stagnation.Unrealistic expectations. If your employer is constantly setting unrealistic expectations, it can be very difficult to meet them. This can lead to stress, anxiety, and burnout.A lack of support from your manager. If you feel like your manager is not supportive of you or your work, it can be very difficult to be successful in your role. A lack of support can make it difficult to ask for help when you need it, and it can make you feel like you are not valued.A change in the company culture. If the company culture changes in a way that you do not agree with, it may be time to resign. A change in company culture can make it difficult to fit in, and it can make you feel like you are no longer a good fit for the company.A personal reason. Sometimes, you may need to resign from your job for a personal reason, such as a family emergency or a health issue. If you are facing a personal crisis, it is important to put your own needs first.What impact will higher wages have on the labor force participation of women? 
Young black women with college degrees had the highest lifetime incomes but lower labor force participation rates.
In comparison to men, women have fewer opportunities to make money globally. Women are less likely to actively search for work or do paid labor. Compared to 80% of men, only slightly more than 50% of women in the world work. People's labor force involvement varies depending on demographic parameters such sex, birth year, education, marital status, and the presence of young children at home. Low female labor force participation in India is a complex socioeconomic phenomenon caused by factors like rural-urban migration, patriarchal attitudes, and an imbalance in supply and demand. Wages Increase for Men and Women When More Women Work. based on data from 250 U.S. cities over 30 years. The greatest major economic shift during the previous century was probably the rise of women in the paid employment.
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A couple always purchased insurance for the 10 years they owned an expensive speedboat. Since they never had an accident, the premiums they paid were ___________. beneficial because they were protected from financial loss pointless because they received nothing in return unnecessary because they valued long-term security wasted because they preferred protection over having cash
The premiums they paid for insurance were beneficial because they protected the couple from financial loss.
1. The couple purchased insurance for their expensive speedboat for 10 years.
2. Despite not having any accidents during that time, the premiums they paid were not pointless or unnecessary.
3. Insurance premiums are payments made to an insurance company in exchange for coverage and protection against financial loss.
4. In this case, the couple's premiums were beneficial because they provided protection in case of an accident or damage to their speedboat.
5. By paying the premiums, the couple ensured that they would not bear the full financial burden of repairing or replacing their boat in the event of an accident.
6. Therefore, the premiums they paid were a wise investment, as they provided peace of mind and financial protection against potential losses.
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Select three reasons why the CMO in the chapter example wanted to revamp the marketing plan?
1. There is no use of Mayo
2. Peoples taste changed
3. Customers increasingly preferred organic
4. People don't care about calorie intake
5. Demand for chicken sandwiches varied widely
Answer:
B
C
E
Explanation:
The other options do not make sense so these are the right answers I think, lol
Reasons why the CMO in the chapter example wanted to revamp the marketing plan:
2. People's tastes changed
3. Customers increasingly preferred organic
5. Demand for chicken sandwiches varied widely
Chief medical officerChief medical officer (CMO) is the title used in many countries for the senior government official designated head of medical services, sometimes at the national level. The post is held by a physician who serves to advise and lead a team of medical experts on matters of public health importance.
What is the role of the chief medical officer?Chief medical officers are healthcare administrators who oversee the effective management of medical centers. They are responsible for managing clinical operations, liaising between the administration and medical staff, and ensuring that patients receive the highest standard of medical care.
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At the end of the year 2 accounting period, deyoung company determined that the market value of its inventory was $79,800. The historical cost of this inventory was $81,400. Defazio uses the perpetual inventory method. Assuming the amount is material, how will the entry necessary to reduce the inventory to the lower of cost or market affect the elements of the company’s financial statements?.
The entry required to reduce inventory to the lower cost or market affects the financial statements of the company by decreasing total assets, gross margin, and net income of the company.
This can be explained using the concept of Perpetual Inventory. Perpetual inventory system may be defined as the method of estimating and calculating the inventory of the country on a regular basis. This estimation is done by keeping a tract of all the electronic records rather than checking the physical records. The value of any good within the market can change with time and this value needs to be tracked because the goods kept in the inventory for longer time can show a change in value. If the value increases then it results in the profit of company but if the value decreases then it may lead to loss of the company. The method of perpetual inventory keeps record of all these variations in prices of goods.
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Money needed to expand for additional inventory, equipment, marketing cost, employees, etc. is known as which of the following? Competitive risk Market analysis Marketing Expansion capital
Answer:
Expansion capital
Explanation:
Expansion capital can be defined as the money that a company uses to expand itself and business. Expansion capital is always included in company balance sheets. Expansion capital is also known as growth capital.
Expansion or growth money usually covers additional inventory, equipment, marketing cost, employees, etc as seen in the question.
Cheers.
Whom does the government and public administration career clutter serve?
A. Private citizens
B. Army and navy
C. Government employees and the military
D. National security and the foreign service
Answer:
it is A. Private citizens
Explanation:
edge 2020 :)
Sue Ryan, the owner of the Boulder Camp Bow Wow, says that she is trying to establish a culture in her Camp Bow Wow to "make it a fun place for people to show up and work, to make it be a safe place for people to work, and someplace where people work well as a team." Part of the reason that Sue wants people to work well as a team is that she is hiring Millennials, who expect to work in teams. This reflects which pressure for change in organizations?
A. People
B. Competition
C. Technology
D. Information Processing and Communication
A. People. The pressure for change in organizations related to people is driven by the changing demographic and cultural expectations of employees in the workforce.
This pressure includes changing attitudes towards work, such as a desire for more meaningful work, greater work-life balance, and an emphasis on teamwork. In this scenario, Sue Ryan is attempting to establish a culture that will appeal to millennials who have a preference for working in teams. By creating a culture that values teamwork, Sue Ryan is responding to the pressure for change in organizations related to people.
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i need help with this problem
thank you in advanced
Answer:
Price will decrease when supply increases. Supply will increase when. Quantity exchanged will increase when supply decreases
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
l
l
∨
Explanation:
Here's the picture and I hope this helped!
Have a nice day!
How is a 401k different from an individual retirement account (IRA)?
A 401k is a good long-term investment strategy.
A 401k allows people to contribute before taxes.
A 401k is created by an individual who deposits money.
A 401k is created by an employer who may match contributions.
You are considering taking out one of two loans. Loan R has a principal of $17,550, an interest rate of 5. 32% (compounded monthly), and a duration of seven years. Loan S has a principal of $15,925, an interest rate of 6. 07% (compounded monthly), and a duration of nine years. Assuming that you pay back each in monthly intervals, which loan will have a greater lifetime total, and how much greater will it be? Round all dollar values to the nearest cent. A. Loan S’s lifetime total will be $1,274. 12 greater than Loan R’s. B. Loan S’s lifetime total will be $32. 99 greater than Loan R’s. C. Loan R’s lifetime total will be $350. 88 greater than Loan S’s. D. Loan R’s lifetime total will be $58. 96 greater than Loan S’s.
The difference between the monthly payment of R and S is equal to $48.53 by following the compound interest formula. Thus, Loan R's monthly loan amount is greater than Loan S.
What is a Compound interest loan?Combined interest (or compound interest) is the loan interest or deposit calculated based on both the original interest and accrued interest from earlier periods.
\(\rm\,For\,R\\\\P = \$\,17,550\\r\,= 5.32\%\\Time\,= n= 7\,years\\Amount\,paid= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\=[ 17,550 (1+\dfrac{5.32}{100\times12})^{7\times12} ]\\= [ 17,550 (\dfrac{12.0532}{12})^{84} ]\\\\= [ 17,550 (1.00443^{84} ]\\\\= \$ 25,440.48\\\\Total\,monthly\,payment = \rm\,\dfrac{25,440.48}{84}\\\\= \$\, $302.86\\\\\)
\(\rm\,For\,S =\\\\P=\,\$ 15,925\\r\,= 6.07\%\\T=n= 9\,years\\\\Amount\,paid\,= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\\\\= [15,925(1+\dfrac{0.0607}{12})^{9\times12} ]\\\\\\= [15,925(1+\dfrac{0.0607}{12})^{108} ]\\\\=[15,925(1.7247.84)} ]\\\\\= \$27,467.19\\\\Total\,monthly\,payment =\dfrac{\rm\,\$\,27,469.19}{108}\\\\= \$ 254.326\\\\\)
The difference between the monthly payment of R and S is equal to $48.53.
Hence, Loan R's monthly payment is greater than the loan's monthly payment by $48.53
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Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
for what distance should a continuous turn signal be given
Continuous turn signals should be given for a distance of at least 100 feet.
Why should a continuous turn signal be given for a specific distance?Giving a continuous turn signal for a specific distance is crucial for ensuring road safety and providing adequate warning to other drivers and pedestrians.
When a driver intends to make a turn, they need to signal their intention in advance to allow others on the road to react accordingly.
By activating the turn signal at least 100 feet before the intended turn, it provides sufficient time for other road users to observe the signal, anticipate the upcoming maneuver, and adjust their driving accordingly.
This distance allows drivers behind to slow down, change lanes if needed, and maintain a safe distance from the turning vehicle. It also helps pedestrians to gauge the intentions of the approaching vehicle, especially in situations where they need to cross the road.
Ultimately, signaling in advance and adhering to the recommended distance ensures smooth traffic flow, prevents accidents, and promotes overall road safety.
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The following items and amounts were taken from Familia inc's 2025 income statement and balance sheet, the end of its 1st year of operations.
Prepare an income statement for Familia Inc. for Dec. 31 2025 using the following:
Interest expense $2200
interest payable $700
notes payable $11800
sales revenue $44300
cash $2900
salaries and wage expenses $15600
equipment, net $54700
depreciation expense $3200
supplies $4100
common stock $26800
supplies expense $900
Income Statement for Familia Inc.
For the Year Ended December 31, 2025
Sales Revenue $44,300
Interest Income -
Total Revenue $44,300
Expenses:
Salaries and Wage Expenses $15,600
Depreciation Expense $3,200
Supplies Expense $900
Interest Expense $2,200
Total Expenses $22,900
Net Income before Tax $21,400
Income Tax Expense -
Net Income $21,400
The income statement summarizes the revenue, expenses, and resulting net income of a company for a specific period. In this case, for Familia Inc. at the end of its first year of operations in 2025, the income statement shows sales revenue of $44,300. The expenses incurred include salaries and wage expenses of $15,600, depreciation expense of $3,200, supplies expense of $900, and interest expense of $2,200. The total expenses amount to $22,900.
After deducting the total expenses from the revenue, the net income before tax is calculated as $21,400. As there is no information provided regarding income tax expense, it is assumed to be zero. Therefore, the net income is also $21,400.
Please note that the interest payable, notes payable, cash, equipment, net, and common stock mentioned in the question are not directly relevant to the income statement. They are typically reported on the balance sheet, which provides a snapshot of the company's financial position at a specific point in time.
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The federal government has categorized all careers into career clusters. How many career clusters are there?
16
20
13
10
Answer:
16
Explanation:
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
many investors view this type of indicator as the number one measure of a company's success. What is the indicator?
The indicator that many investors view as the number one measure of a company's success is its financial performance.
Financial performance indicators can include metrics such as revenue growth, profit margins, return on investment, and cash flow. These indicators are essential because they help investors assess the financial health of a company and its ability to generate profits and grow over time. Investors rely on financial performance indicators to evaluate potential investments and make informed decisions about whether to buy, hold, or sell stocks. They look at a company's financial performance over time and compare it to industry benchmarks and competitors to get a sense of how well the company is doing relative to its peers.
In addition to financial performance indicators, investors also consider other factors, such as market trends, company strategy, and management quality when evaluating a company's potential for success. However, financial performance indicators remain a critical component of the analysis, and many investors consider them to be the most important measure of a company's success.
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The figure in the amount column is sometimes referred to as 'cumulative balance'. Why is it referred to in this way?
Answer:
Explanation:
For each transaction, you add to the previous balance to keep a running total.
Benjamin tells James at a company meeting that James has an unimportant job and still can't do it correctly. Benjamin is being ______. A. Communicative b. Intrepid c. Arrogant d. Humorous Please select the best answer from the choices provided A B C D
Answer:
C. Arrogant
Explanation:
May I have brainliest please? :)
Benjamin is being arrogant in nature when he told about James's job being less important and also that he doesn't do it correctly.
Option C is the correct answer.
What is arrogance?Arrogance is a characteristic of a person who feels to be the most superior one and treats their subordinates as inferior ones. It is a kind of having egoism in oneself.
In the given statement, Benjamin talks negatively about the job of his employee, James right in front of the company's meeting. He says to him that his job is not so important and also states that his incapability for the concerned job. These statements portray the arrogant nature of Benjamin.
Being the employer, he must support his employee in the company's meetings even if his employee is doing any mistakes. He can personally guide him about his weaknesses rather than disgracing him in the meeting.
Therefore, the provided statement shows his arrogant behavior of Benjamin toward his employee James.
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Suppose that every driver faces a 3% probability of an automobile accident every year. An accident will, on average, cost each driver $9,000. Suppone there are two types of individuals: those with $72,000.00 in the bank and those with $1,500.00 in the bank. Assume that individuals with $4,500.00 in the bank declare bankruptcy if they get in an accident. In bankruptcy, creditors receive only what individuals have in the bank. Assume that both types of individuals are only slightly risk averse. In this scenario, the actuarially fair price of full insurance, in which all damages are paid by the insurance company, is 5 Assume that the price of insurance is set at the actuarially fair price
The actuarially fair price of full insurance, in which all damages are paid by the insurance company, is 5 $450.
Let p be the probability of an accident and C be the cost of the accident. Then the expected cost of an accident for each driver is:
E(C)
PC = 0.03 x $9,000
= $270
Individuals with $72,000 in the bank can cover the expected cost of an accident without bankrupt, so they don't need insurance. However, individuals with $1,500 in the bank cannot cover the expected cost of an accident and will have to declare bankruptcy, so they need insurance.
The actuarially fair price of full insurance is the expected cost of an accident plus the administrative fee to the insurance company:
Price = $270 + Administrative Fee
We are given that the actuarially fair price of full insurance is $5, so we can solve for the administrative fee:
$5 = $270 + Administrative Fee
Administrative Fee = $5 - $270
= -$265
This means that the insurance company would lose money if they charged individuals with $1,500 in the bank the actuarially fair price. Therefore, they would charge a higher price to make a profit. However, we can still use the actuarially fair price to calculate the premium for individuals with $72,000 in the bank, who don't need insurance. This premium is the expected payout from the insurance company:
The actuarially fair price of full insurance is $450, but the insurance company would charge a higher price to make a profit. Individuals with $72,000 in the bank don't need insurance, but their premium would be $270 if they chose to get it.
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All jobs advertised in the classified section of a newspaper must be legitimate.
True
False
All jobs advertised in the classified section of a newspaper must be legitimate. Hence, the given statement is true.
What are the legitimate advertisements?One of the most reliable advertising forms is using owned (brand-managed) web channels. As a matter of fact, branded websites rank as the second most trustworthy format, with seventy percent of respondents from over the world.
Indicating that they absolutely or partially trust these sites. Furthermore, fifty six percent of respondents say they have confidence in the emails they have subscribed to.
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The statement of cash flows shows a firm's revenues, costs of goods sold, expenses, and net income. True or false
Answer:
false
Explanation:
A statement of cash flows on tracks Cash, not credit, expenses, or any of that jazz. There are other financial reports to account for them.
How much money does accountents get paid per year? or per month.
Answer:
ALOT
Explanation:
How Much Does an Accountant Make? Accountants made a median salary of $71,550 in 2019. The best-paid 25 percent made $94,340 that year, while the lowest-paid 25 percent made $55,900.
Answer:
around 50k
Explanation:
Accountants make around $4,700 per month and around 57,900 per year
Which of the following BEST represents democratic values?
a) the power to rule
b) equality among people
c) freedom to travel
d) the right to free books
can some one plss help me???
Answer:
B
Equality among all the people
Suppose you deposit \( \$ 1,012.00 \) into an account \( 7.00 \) years from today that eams \( 11.00 \% \). It will be worth \( \$ 1,665.00 \) ____ years from today.
It will be worth $1665 after approximately 4.5 years.Amount at the end of n years A = P(1 + R/100)n
Given that, Amount deposited (P) = $1012 Rate of interest (R) = 11% Time (T) = 7 years Amount (A) = $1665. We need to find the number of years (t) for which the given amount will be worth $1665.
Amount at the end of n years A = P(1 + R/100)n
Using the formula, $1665 = $1012(1 + 11/100)t. Simplifying the equation we get,1 + 11/100 = 1.11tOn solving further, we get,t = log 1.11 (1665/1012)t = log 1.11 (1.6445)t = 4.5 years approximately. Hence, it will be worth $1665 after approximately 4.5 years.
Therefore, it will be worth $1665 after approximately 4.5 years.
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