Responding to natural and industrial disasters is a task connected to crisis management and public relations in business.
What is crisis management and what is it's use?Crisis management is the application of strategies designed to help an organization deal with a sudden, serious negative incident.
A crisis might originate from an unforeseen event or an unanticipated outcome of an event that was previously thought to pose a risk. In either scenario, choices must be made swiftly to limit harm to the company during a crisis.
Depending on the nature of the crisis, different types of damage are possible. The majority of the time, a crisis, however, can have an impact on the organization's finances, reputation, or any combination of these. A catastrophe like a terrible fire could endanger the organization's finances.
To know more about crisis management visit:
https://brainly.com/question/17213979
#SPJ4
Apple inc. contracts with companies in taiwan to make inputs such as the chips, batteries, and lcd displays that power its digital devices at lower costs. this strategy is an example of _____.
Apple Inc. contracts with companies in Taiwan to make inputs such as the chips, batteries, and LCD displays that power its digital devices at lower costs. This strategy is an example of global outsourcing.
What do you mean by means of outsourcing?
Outsourcing is a commercial enterprise practice wherein a organization hires a 3rd-birthday party to perform tasks, deal with operations or offer offerings for the organization.
What's a outsourcing example?
Advertising, office and warehouse cleansing, and internet site development are the satisfactory examples of outsourcing. Maximum commercial enterprise owners delegate authority to outsourced specialists when it comes to bookkeeping, renovation, recruitment. This allows companies to awareness maximum of their sources on the main interest.
What is the gain of outsourcing?
Outsourcing assist you to leverage understanding and talents together with your whole deliver chain. Outsourcing can also help to make your business more bendy and agile, able to adapt to changing market conditions and challenges while supplying fee savings and provider level upgrades.
Learn more about Outsourcing here:- https://brainly.com/question/12101789
#SPJ4
The fasb most always considers which concept in their own decision-making process when creating new accounting standards?
The FASB most always considers a materiality concept in their own decision-making process when creating new accounting standards.
An accounting standard is a collection of procedures and guidelines used to standardize bookkeeping and other accounting operations over time and across different businesses. All aspects of an entity's financial picture, including its assets, liabilities, income, outlays, and shareholders' equity, are subject to accounting standards.
Usually, strict regulations apply to publicly traded companies. Small and medium-sized businesses frequently adhere to less stringent rules and make any specific disclosures that their particular lenders and shareholders require.
Learn more about accounting standards here
#SPJ4
during the last year, globo-chem co. generated $1,170 million in cash flow from operating activities and had negative cash flow generated from investing activities (-$640 million). at the end of the first year, globo-chem co. had $200 million in cash on its balance sheet, and the firm had $330 million in cash at the end of the second year. what was the firm’s cash flow (cf) due to financing activities in the second year?
The firm’s cash flow due to financing activities in the second year is −$350 million
A coins glide is a real or virtual motion of cash flow a coins drift in its slim experience is a charge, particularly from one principal bank account to any other; the term cash itwaft is primarily used to describe.
cash flow is the motion of money inside and out of an employer. cash acquired signifies inflows, and cash spent indicates outflows. The coins drift statement is an economic announcement that reports on an employer's resources and usage of cash over some time.
Cash flow from operating activities (CFOA) = $1,170 million
Cash flow from investing activities (CFIA) = (-$640 million)
Cash in the balance sheet = $200 million
Cash at the end of the second year = $380 million
Cash at the end of the second year = Cash in the balance sheet + CFOA + CFIA + CFFA
$380 million = $200 million + $1,170 million − $640 million + CFFA
CFFA = −$350 million
Learn more about Cash flow here:-https://brainly.com/question/735261
#SPJ4
true or false: the main purpose of managerial accounting is to provide relevant information to its managers.
The statement that the main purpose of managerial accounting is to provide relevant information to its managers. is TRUE.
What is the purpose of management accounting?Management accounting has the purpose of providing valuable insight to managers and decision makers in a company in order to allow them to make better decisions.
Management accounting therefore provides relevant information to managers and is meant for only those within a company.
Find out more on management accounting at https://brainly.com/question/21597572
#SPJ1
You+invest+$7,000+in+a+stock+that+has+a+25%+chance+of+a+6%+return,+a+35%+chance+of+a+9%+return+and+a+40%+chance+of+a+10%+return.+what+is+your+expected+return+after+one+year?
[DISCLAIMER :- The question asked is improper question. The complete question is given below :
Below is the complete question and hence, has been answered accordingly.
"You invest $7,000 in a stock that has a 25% chance of a 6% return, a 35% chance of a 9% return and a 40% chance of a 10% return. what is your expected return after one year ?"]
The expected come back when one year are going to be 8.65%
What is expected come back?The expected return is that the quantity of profit or loss associate capitalist will associate receiving on an investment.How we will tend to calculate it?To realize expected come back we multiply the potential outcomes by the percentages and so summation all the result.Expected come back are often expressed as : (p1r1) + (p2r2) + … + (pn rn)
Where
p= chance of every come back in an exceedingly state of affairs
r= Rate of come back with completely different chance in an exceedingly given state of affairs
n= state of affairs variety
So, expected come back :
= (6 X 0.25 ) + (9 X zero.35) +(10 X zero.40)
=1.5 + 3.15 + 4
=8.65%
Hence, the expected come back when one year are going to be 8.65%.
To know additional regarding expected come back, learn here : https://brainly.com/question/20388506
#SPJ4
Do you think that someone could be a good systems manager but a poor project manager?
The someone could be a good systems manager but a poor project manager-
This function may additionally want the manager to put in force set up and operations project at the IT structures. They usually emerge as dealing with the entire lifecycle of the software program or hardware. but, being true on the job of structures manager does now not mean that the man or woman might be correct at venture management. The projects that a machine manager undertakes focuses specially on the undertaking or activities. however, the initiatives undertaken with the aid of a challenge supervisor desires to cognizance not handiest tasks but also about price range, dependency, time of the venture and probabilities of succession. that is why a very good structures manager won't be a terrific mission supervisor.Within the opposite scenario, a challenge manager can be running in distinct domain names. This indicates, the mission manager could be on a construction undertaking, a monetary venture, or IT systems mission. In such situation we cannot necessarily deduce that a mission supervisor has the concern count number expertise to be a systems manager. consequently the reverse does no longer keep authentic either.Learn more about manager https://brainly.com/question/14523862
#SPJ4
Compared to the developing economies, the advanced economies have ________ human capital and ________ physical capital.
Compared to the developing economies, the advanced economies have MORE human capital and MORE physical capital.
Human capital and economic expansion are strongly correlated. By enhancing people's knowledge and abilities, human capital has an impact on economic growth and can contribute to the development of an economy. The knowledge, skill sets, and experience that employees have in an economy are referred to as human capital. Since a competent workforce can result in higher productivity, the skills have economic worth.
Man-made commodities that help with production make up physical capital. Physical capital includes items like cash, property, machinery, and inventory. On the balance sheet, physical capital values are listed in descending order of solvency.
To learn more about human capital click here:
https://brainly.com/question/28244215
#SPJ4
In the elastic portion of a linear demand curve, firm revenue ______ when price falls.
In the elastic portion of a linear demand curve, firm revenue increases when price falls.
What is the demand curve?This is the term that is sued in economics to tell us the relationship that exist between the demand of a good by the people that use the good and the price of the good.
It shows us how the demand would change or remain the same as the price stays unchanged, rises or when it falls.
Hence we can say that In the elastic portion of a linear demand curve, firm revenue increases when price falls.
Read more on demand curve here: https://brainly.com/question/1486483
#SPJ1
Jean is a seller in vernon smith's classroom experiment of the market model. which does she know?
Jean is a seller in Vernon smith's classroom experiment of the market model. She knows her own willingness to sell.
Not every salesperson is made the same. While others struggle to meet their quota, some surpass expectations while maximizing cross-sells, up-sells, and repeat business. The distinction between a good and a lousy salesperson typically boils down to particular personality attributes.
A good salesperson and a lousy salesperson are ultimately distinguished by their conduct. For instance, a poor salesperson will frequently impose their agenda on the prospect rather than learn about their requirements and goals in order to successfully assist them in solving their difficulties.
You must be prepared to hear your potential client out before you can expect him to pay attention to what you have to say. Giving your prospect time to speak does not imply active listening to what they have to say.
To learn more about salespeople refer to:
https://brainly.com/question/378584
#SPJ4
What happens to the equilibrium price and equilibrium quantity when demand and supply increase simultaneously, but the relative size of the shifts are not known?.
When both the demand and supply increase simultaneously, the equilibrium quantity will increase whereas the equilibrium price will be unknown.
An increase in demand leads to an increase in both the equilibrium quantity and equilibrium price, it is because it leads to more people buying the particular product as of increased demand which means a higher quantity will be sold as an increase in equilibrium quantity as more people are buying the price will go up leading lead to the higher equilibrium price. Similarly, an increase in supply leads to a decrease in equilibrium price and an increase in equilibrium quantity because more supply of goods is done to the market with the expectation of a rise in quantity and the price fall, So when both the supply and demand increase, the equilibrium price could go up, down, or stay the same, can't be determined but the equilibrium quantity goes u
To know more about equilibrium price and equilibrium quantity refer to the link https://brainly.com/question/28527601?referrer=searchResults.
#SPJ4
Under both accrual-basis and cash-basis accounting, all revenues and expenses are recorded at the same point in time. gtrue or false
All revenues and expenses are recorded at the same time in both accrual-basis and cash-basis accounting. The statement is false.
In the context of accounting, revenue refers to the total income from sales of products and services that are directly related to the company's core operations. Sales or turnover are two other terms for commercial revenue. Some firms derive their money through interest, royalties, and other charges.
The term "revenue" can refer to income in general or to the sum, expressed in money terms, earned over a certain period of time, as in "Last year, Company X had revenue of $42 million." Profits or net income often refer to total revenue less total expenses for a specific time period.
To know more about revenue
https://brainly.com/question/16232387
#SPJ4
identify the form of capital market efficiency under the efficient market hypothesis described in the following statement:
The form of capital market efficiency under the efficient market hypothesis based on this statement: Semi-strong form efficiency.
Though the efficient market hypothesis theorizes the market is usually efficient, the idea is obtainable in three different versions: weak, semi-strong, and strong. The efficient markets hypothesis (EMH) argues that markets are efficient, leaving no room to create excess profits by investing since everything is already fairly and accurately priced.
This means that there's little hope of beating the market, although you'll be able to match market returns through passive index investing. The efficient market hypothesis states that when new information comes into the market, it's immediately reflected on available prices and thus neither technical nor fundamental analysis can generate excess returns.
Capital Market Efficiency indicates the degree to which these stock prices accurately reflect the present information available within the marketplace. There are three basic types of capital market efficiency: weak form, semi-strong form, and robust form.
learn more about hypothesis: https://brainly.com/question/11555274
#SPJ4
Complete question: Consider the following statement, and identify the form of capital market efficiency under the efficient market hypothesis based on this statement:
according to general systems theory, boundary exchanges are exemplified by which of the following? multiple choice an industrial company installs new equipment in its plant to comply with environmental regulations. a software company develops an application for a client. a purchasing department employee negotiates a price on parts with a supplier. all of these answers are correct.
According to general systems theory, boundary exchanges are exemplified by all the given options. Hence, all these answers are correct.
The general system theory explains "how to break things down into their component elements and then to study how the components function together in systems." There are several names for general system theory, including systems theory, theory of open systems, systems model, and family systems theory.
An industrial company installs new equipment in its plant to comply with environmental regulations, a software company develops an application for a client, a purchasing department employee negotiates a price on parts with a supplier are all examples of general system theory.
To learn more about general system theory
https://brainly.com/question/8152254
#SPJ4
Compared to the long-run supply elasticity of tequila, the short-run supply elasticity is likely?
Compared to the long-run supply elasticity of tequila, the short-run supply elasticity is likely more inelastic because the price cannot immediately affect the supply.
Lengthy-run supply is usually greater elastic ultimately than in the brief run for produced gadgets whilst you keep in mind that it's far generally assumed that in the end all elements of manufacturing can be carried out to growth supply whilst in the short run best labor can be improved, or even then adjustments may be prohibitively.
The deliver modifications little with a trade in fee then sources are taken into consideration inelastic. supply is elastic if there are big adjustments in transport for a small trade within the rate. If the percentage alternate in fee is equal even though contrary to the percentage trade in quantity then supply elasticity is unit elastic.
Learn more about long-run supply here:-https://brainly.com/question/13867740
#SJ4
Bolivia's government attempted to solve some of its problems with inequality of outcomes due to foreign investment in its natural gas resources by?
Bolivia's government attempted to solve some of its problems with the inequality of outcomes due to foreign investment in its natural gas resources by Nationalizing the firms by reclaiming 51% ownership and raising taxes on foreign profits.
There are diminishing marginal returns to elements of production the PPF is bowed out from the beginning. think that the house country in the two-area production and agriculture precise-factors model has a comparative gain in agricultural output. there is no change in that enterprise. The gravity equation is used to expect: the extent of bilateral change.
The Ricardian version of worldwide exchange tries to give an explanation for the distinction in comparative gain on the idea of technological difference throughout the nations. Ricardo articulated the precept of comparative advantage: international locations specialize in the sports in which they may be quite greater efficient. those productivity differences stem from variations in technology or capabilities in labor productiveness.
Learn more about Foreign investment here:-https://brainly.in/question/5210568
#SPJ4
Roseanne sells her personal automobile for $1,000 in the current tax year. she purchased the car for $12,000 nine years ago. what are the tax effects of the sale in the current tax year?
The tax effects of the sale in the current tax year is Roseanne recognizes a deductible loss of $11,000 in her current-year tax return because of the capital recovery concept.
Capital Recovery: Capital recovery, which is a break-even statistic, generally relates to recouping initial investment funds through returns from that investment. It also applies to recovering investment money through the sale of assets. The phrase also applies to business debt recovery.
To learn more about, Capital Recovery Process, visit the following link:
https://brainly.com/question/15232597
#SPJ4
target your tax planning efforts toward paying your fair share of taxes while taking advantage of tax benefits appropriate to your personal and financial situation.
Concentrate your tax planning efforts on paying your fair share of taxes and obtaining tax benefits that are suitable for your financial and personal circumstances. The previous claim is accurate.
How to define tax planning.
Tax planning includes analyzing a scenario or financial strategy from a tax standpoint. The basic goal of tax planning is to ensure tax efficiency.
According to the relevant income tax brackets, everyone is required to pay taxes. Therefore, effective tax planning is crucial for them to reach their financial objectives. A person may take use of the various exclusions and deductions to reduce their tax liability.
To know more about tax planning, click here:-
https://brainly.com/question/17354915
#SPJ4
When a marketing manager thinks about the needs customers want satisfied, rather than how one product beats another, this marketing manager is looking more broadly at the ______ market.
This marketing manager is looking more broadly at the generic market.
Generic markets often feature groups of consumers who have a broad need that can be met by a wide range of products or services. Everyone, for example, requires food, and everything from grocery stores and restaurants to farming cooperatives may provide it.
Marketing Manager
A marketing manager is in charge of overseeing the marketing efforts of a company, service, or product. Marketing managers forecast market demand and lead a marketing team in developing and implementing creative and distinctive methods to generate customer interest through different media channels. They are also responsible for teaching their team members on campaign-specific marketing plans.
To learn more about marketing manager
https://brainly.com/question/17278896
#SPJ4
A positive return from return from convergence of price to intrinsic value would most likely occur if:_____.
A positive return from the convergence of price to intrinsic value would most likely occur if the expected return is greater than the required return.
While an investor's intrinsic fee estimate for an asset differs from its marketplace price, the investor normally expects to earn the desired return plus a return from the convergence of charge to cost. whilst an asset's intrinsic value equals fee, but, the investor expects to earn handiest the specified go back. Convergence is the movement inside the price of a futures agreement closer to the spot or coins charge of the underlying commodity over the years.
The rate of the futures agreement and the spot price may be kind of the same at the shipping date. A firm's intrinsic price is an estimate of an inventory's actual value based on correct hazard and go-back information. it can be predicted but not measured precisely. A stock's present-day fee is its market price the value based on perceived however in all likelihood incorrect information is visible through the marginal investor. Extrinsic values are centered on external approval or rewards as an instance wealth, social fame self-image, and personal safety.
Learn more about A positive return here:-https://brainly.com/question/21069873
#SPJ4
shanti's company donates $1 million to the children's miracle network so that children with cancer can be treated in the area. this is an example of . question content area bottom part 1 a. consumerism b. misanthropy c. influence peddling d. a political action committee (pac) e. philanthropic giving
Shanti's company donates $1 million to the children's miracle network so that children with cancer can be treated in the area. this is an example ofphilanthropic giving
What is Philanthropic giving?
Philanthropic giving refers to activities of the company which are not aimed at profits but rather they kind gestures which serve as ways to the give back to the society in form charitable giving, in this case, the fact that the company donates to the children's miracle network in order to alleviate the suffering of cancer patients is not for profit motive rather they only intend to portray the company as a responsible corporate entity that sees beyond profit.
The $1 million donation could as well be invested in equipment or capacity building, however, there are tax concessions attached to such donations
Find out more about philanthropic giving on:brainly.com/question/5128903
#SPJ1
A 2007 deloitte report found that enterprise risk management is a valuable approach that can better align security functions with the __________ while offering opportunities to lower costs.
A 2007 Deloitte report found that enterprise risk management is a valuable approach that can better align security functions with enterprise risk management while offering opportunities to lower costs.
What is Risk Management?To reduce, monitor, and control the likelihood or impact of unpleasant events or to optimize the realization of possibilities, risk management involves the identification, evaluation, and prioritizing of risks. This is followed by the coordinated and efficient use of resources. Risk management in business is the process of locating, tracking and controlling possible risks to lessen any harm they can cause to a firm. Potential risks include things like system failures, data loss, cyberattacks, security breaches, and natural disasters. The goal of risk management is to recognize possible issues before they arise or, in the case of changes, to attempt to take advantage of them to make them happen. Risk-handling procedures may be used at any time throughout the project.
To learn more about Risk management, visit:
https://brainly.com/question/4680937
#SPJ4
what additional assumptions can justify the stock market index level of 4,200? show your calculations and explain your reasoning carefully
As stated in the Question,
Level of the stock market index: 4500
1.3% is the long-term risk-free rate.
Total revenue anticipated for 2019 is equal to 132.
45% is the payout ratio.
Reinvestment Ratio: (1 - 45%) = 55%Assuming,
Earnings Expected divided by stock market index level is expected return.
Return Expected = 132/4500Return Assumed = 2.933%Reinvestment × Expected Return = Sustainable Growth RateSustainable Growth Rate = 2.933% multiplied by 55%59.40 is the sustainable growth rate.Utilizing the Constant Growth Model
Value = Next Year's Dividend / ( Expected Return on market - Growth Rate)Value = 59.40 / (2.913% - 1.613%)Value = 59.40 / 1.32%Value = 4500Therefore, the value of 4500 is supported by the above-calculated sustainable growth rate and projected return assumptions.
To learn more about stock market index, Click the links.
https://brainly.com/question/17100653
https://brainly.com/question/13217253
#SPJ4
Correct Question - Assume that the stock market index is trading at a level of 4,500. You can interpret this index level as a scaled price that was set at some point to 100 and appreciates as the stocks included in the index appreciate. The long-term risk-free rate is 1.3%. The aggregate earnings (scaled in the same way as the index level) of the firms in the stock market index are expected to be 132 next year and the payout ratio (dividends as a percentage of earnings) has been 45% and is expected to remain 45%. What additional assumptions can justify the stock market index level of 4,500? Show your calculations and explain your reasoning carefully
Analyzing the difficulty, frequency, and importance of work activities associated with a particular job is a fundamental aspect of:_____.
Analyzing the difficulty, frequency, and importance of work activities associated with a particular job is a fundamental aspect of Job Analysis.
Job Analysis is the most common way of social affairs and breaking down data about the substance and the human prerequisites of occupations, as well as, the setting wherein occupations are performed. This cycle is utilized to decide the arrangement of occupations.
The moves toward directing a Job Analysis are framed underneath:
Distinguish the Tasks to be investigated.
Decide the methodology to be utilized in gathering position information.
Execute the work examination techniques.
Survey the information gathered through Occupation Examination.
Sum up and record the information gathered.
To learn more about Job Analysis.
https://brainly.com/question/15573610
#SPJ4
excel solve *to produce/store at each quarter in order to meet the demand at the minimum total production and inventory holding cost.
C15*(C3+C6)/2= Unit carrying cost
A company's carrying cost is the sum it pays keeping inventories on hand over time. It is the price of owning, retaining, and stocking the products. Renting the warehouse where the inventory is stored, running the warehouse, paying the wages of the people working there, any inventory loss from theft or damage, and insuring the inventory are all included in the carrying costs. Carrying cost typically range from 15% to 30% of the value of an organization's inventory. This number is crucial because it informs the business how long it can hold its inventory before it starts to lose money on unsalable items.
Learn more about carrying costs here
https://brainly.com/question/28192515
#SPJ4
A firm employing 300 workers has 25 recordable injuries and illnesses in a year. what is the total injury-illness incidence rate?
A firm using 300 workers has 25 recordable wounds and illnesses in a year. The total injury-illness incidence rate
(25 X 200,000 )/ (300 X 2,000) = 8.33
What is the total case incident rate?The total case incident rate (TCIR) is a figure that represents the number of work-related wounds per 100 full-time workers over a year. The analysis is based on the number of mandatory reported OSHA recordable injuries and conditions. Because of this, TCIR is also known as the OSHA incident rate.
(No. of injuries and illnesses X 200,000 ) / Worker hours worked = Incidence rate.
To learn more about the total injury-illness incidence rate visit the link
https://brainly.com/question/13535898
#SPJ4
A firm has net working capital of $640. Long-term debt is $4,180, total assets are $6,230, and fixed assets are $3,910. What is the amount of the total liabilities?.
A firm has net working capital of $640. Long-term debt is $4,180, total assets are $6,230, and fixed assets are $3,910. $5,860 is the amount of the total liabilities.
For example, if a corporation has current assets of $100,000 and current liabilities of $80,000, then its assets would be $20,000. Simply put, Net capital (NWC) is the difference between a company's current assets and current liabilities on its record. it's a measure of a company's liquidity and its ability to fulfill short-term obligations, yet as fund operations of the business.
In theory, a business could become bankrupt whether or not it's profitable. After all, a business cannot depend upon net working capital paper profits to pay its bills—those bills have to be paid in cash readily in hand. Say a corporation has accumulated $1 million in cash thanks to its previous years' retained earnings.
If the corporation were to speculate all $1 million directly, it could find itself with insufficient current assets to procure its $5,860 current liabilities. Working capital is very important because it's necessary for businesses to stay solvent.
learn more about net working capital: https://brainly.com/question/26214959
#SPJ4
margo borrows $800, agreeing to pay it back with 5% annual interest after 7 months. how much interest will she pay?
Answer:
23
Explanation:
800 * 5% * (7/12) = 23.333
dividing 7 by 12 coz there r 12 months in a year and she is paying for 7.
Which are part of identifying business problems as a first step to solving them?
Part of identifying business problems as a first step to solving them
-asking questions
-understanding company objectives
-gathering information
Dropping earnings are one such example of a business issue. There are several important factors that contribute to this problem. One of them is the potential that your company is not giving your consumers the same or more value as its rivals are.
The procedure of learning is referred to as gathering information. It is not knowledge in and of itself. When a story's focus is on education, it is the education that is being gathered, not the education that has been acquired in the end, that is of concern. Information gathering does not always have to be intellectual.
Business objectives are the specific activities and actions that must be completed in order to advance the company's aims. The following objectives, which build on the business aim that was previously mentioned, might be employed to accomplish such growth: "Expand client base in order to boost sales."
Learn more about Business visit:https://brainly.com/question/15826604
#SPJ4
The existence of goodwill on a corporate balance sheet indicates that the corporation has:________
The existence of goodwill on a corporate balance sheet shows that the business enterprise has: been worthwhile in the past.
A balance sheet is a statement of a business's belongings, liabilities, and owner's equity as of any given date. commonly, a stability sheet is prepared at the quit of set periods (e.g., each zone; annually). A stability sheet is produced from columns. The column at the left lists the assets of the organization.
In economic accounting, a balance sheet is a summary of the economic balances of a character or organization, whether or not it's a sole proprietorship, a business partnership, a business enterprise, a personal restrained business enterprise, or another business enterprise along with authorities or now not-for-profit entity.
A balance sheet offers you a photo of your company's monetary function at a given factor in time. in conjunction with an income declaration and a coins float declaration, a balance sheet can help commercial enterprise owners evaluate their organization's financial standing.
Learn more about the balance sheet here: https://brainly.com/question/1113933
#SPJ4
a local bank will pay you $230 a year for your lifetime if you deposit $4,000 in the bank today. if you plan to live forever, what interest rate is the bank paying?
The interest rate is 5.75%.
The interest rate is the quantity a lender costs a borrower and is a percentage of the important quantity loaned. The interest price on a loan is normally cited on an annual basis known as the yearly percent charge.
Interest rate has been defined as the amount return to the bank at with respect to the principal amount. The interest rate has been given onto the principal at varying percent.
Given,
The principal value of investment (initial deposit) = $4,000
The amount paid by bank per year (annual payment), = $230
The interest rate (r) to the base amount has been given by:
Interest rate = (Annual payment / initial deposit)*100
= ($230/$4,000)*100
= 5.75 %
The interest rate the bank is paying for lifetime has been 5.75%.
To know more about interest rate, refer: brainly.com/question/4626564
#SPJ4