Noah has accumulated $49,529 under these assumptions after two years.
What is nominal interest?The nominal interest rate, also known as the nominal rate of interest, is one of two things: the rate of interest before inflation adjustment, or the rate of interest "as stated" without adjustment for the full effect of compounding. In banks and in the investment field, the nominal interest rate is frequently used to describe interest on various loans. For example, if the loan's nominal rate is 5%, you can expect to pay $50 in interest for every $1,000 borrowed. You'll pay $1,050 at the end of the year. The nominal interest rate (also known as the money interest rate) is the percentage increase in money you pay the lender for the use of borrowed funds.
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PLEASE HELP!!!! I’ll give you brainliest!!
What is a worksheet?
A) a feature of OneNote
B) a file in Excel
C) an application for Word
D) a spreadsheet in Excel
which of the following appraisal approaches would be most appropriate for a public school? select one: a. market data. b. cost. c. capitalization. d. gross rent multiplier.
The correct answer is Option B.
The cost approach is most commonly used in public buildings like schools and churches.
What is appraisal approach?The cost, market comparison, and income approaches are the three different approaches or methods for conducting an appraisal. These approaches are economic models that represent various methods of estimating property value.All types of improved property can be appraised using the cost approach. It is the most dependable method for valuing one-of-a-kind properties. The cost approach provides a value insight that is the sum of the estimated land value plus the dropped in value cost of the building and other developments.When determining the Market Value of a property, appraisers use three approaches to value in Appraisal Practice: The Sales Comparison Method. The Cost Method. The Income Strategy.To learn more about appraisal approach refer to :
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according to the law of demand, a demand curve group of answer choices has a positive slope. is a horizontal or flat line. has a negative slope. exceeds the economy's ability to produce.
According to the law of demand, the group of demand curves has a positive slope.
Demand usually occurs in terms of buying and selling or being in the market. For example, the demand for an item to be purchased by consumers. In general, demand is the amount of goods purchased or requested at a certain price and time. The law of demand is one of the most fundamental concepts in economics. The law of demand describes how a market economy allocates resources and determines the prices of goods and services.
The law of demand is an event where more people want to buy something while supply is limited, the price of that good will be higher. Likewise, the higher the price of an item, the lower the number of goods that consumers will buy, or it can be said that the purchasing power of consumers will be lower.
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terry, the owner of river city flooring, is driven by competition. his company sells and installs custom flooring, cabinets, and countertops. river city flooring focuses on customers by delivering quality results on tight deadlines. terry pushes his managers to continually exceed their productivity goals because that is what increases profits. terry feels "there is not enough time for training." however, his employees are regularly rewarded for their success in meeting company goals. river city flooring has a(n) culture.
Based on the fact that Terry who is the owner of river city flooring, is driven by competition and pushes his employees to continually exceed their productivity goals and adequately compensates them, this shows that they have an adhocracy culture
What is an Adhocracy Culture?This refers to the term that is used in business circles to make a description of a company, organization, or corporate entity that has the ability to quickly adapt to changing market conditions.
Hence, we can see that an adhocracy culture means that people within an organization can quickly adapt to Adhoc situations, and the employees at River City Flooring do this well.
With this in mind, the correct answer is adhocracy culture as explained above, because
Therefore, it can be seen that the type of culture which the company had when the manager pushes his employees to continually exceed their productivity goals is an adhocracy culture.
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two logistics students, mark and sarah are discussing transportation logistics. mark says that all advance manifests must be submitted at least 24 hours before loading regardless of the mode of transportation. sarah says that fast truck carriers do not need to submit advance manifests. which student - mark or sarah - is correct?
Mark is correct.
FAST truck carriers are required to submit advance manifest information 24 hours before their arrival.
Transportation refers to the movement of goods, while logistics refers to the management of goods' inward and outward transportation from the manufacturer to the end user. These terms are frequently used interchangeably, but they refer to two distinct parts of the supply chain.
Transportation's significance in the logistics process In essence, if there are no modes of transportation, there is no logistical process. However, there is no efficient transportation if there is no planning.
As a result, each stage complements the other, ensuring a high level of performance throughout the activity.
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based on what we have already discussed about the different jurisdictions rule, how many inspections should a supervisory appraiser expect to make with a trainee appraiser before the trainee appraiser is competent to make solo inspections?
After the first year, a Trainee Appraiser should be able to inspect a complicated property without supervision.
If the credentialing authority permits it, a trainee appraiser should be permitted to inspect a property alone. The Supervisory Appraiser should independently inspect the property once the Trainee Appraiser has finished the examination and written the property description to make sure the observations and description are accurate.
As shown by the following, Supervisory Appraisers are accountable for the instruction, direction, and direct supervision of their Trainee Appraisers:
They certify that the assessment complies with USPAP and sign the report to accept responsibility for the appraisal. Supervisory Appraisers must be willing to bear the time-consuming responsibility of reviewing and signing the appraisal reports written by Trainee Appraisers.Until she is certain the Trainee Appraiser is capable of inspecting the property independently and in line with the USPAP Competency Rule, the Supervisory Appraiser personally inspects each appraised property alongside the Trainee Appraiser. A Supervisory Appraiser who takes this role seriously should be appreciated by trainees. A Supervisory Appraiser who does not assign property inspections before they are qualified deserves respect from trainees.To know about appraisal interviews: https://brainly.com/question/13795016
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suppose you invest 70% of your portfolio in coca cola and the remainder in pepsi. the expected dollar return on your coca cola investment is 14.1% and on pepsi is 10.0%. the standard deviation of returns was 21% for coca cola and 17% for pepsi. assume a correlation coefficient of 0.8. calculate the portfolio standard deviation.
The term "standard deviation" (or "") refers to a measurement of the data's dispersion from the mean.
A low standard deviation implies that the data are grouped around the mean, whereas a large standard deviation shows that the data are more dispersed.
Portfolio standard deviation equals (W Pepsi2 Pepsi2) + (W Coca Cola2 Coca Cola2) +2 r r Pepsi r Pepsi r Pepsi r Pepsi r Pepsi
Where, \sW Weight of Coca-Cola = Coca-Cola
Coca-standard Cola's deviation is equal to W Pepsi's weight, and r is the correlation coefficient.
=√(0.7^2 × 21%^2) +(0.3^2 × 17%^2) + 2×0.8 × 0.7 × 0.3 × 21% × 17%
=√216.09+26.01+119.952 \s=√242.1 \s=19.03%
What can you infer from this standard deviation?
The average degree of variability in your data set is represented by the standard deviation. It reveals the average deviation of each score from the mean.
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The graph below shows three different normal distributions. 3 normal distributions are shown. All 3 are at different points on the axis. They all have different heights and widths. Which statement must be true? Each distribution has the same mean and the same standard deviation. Each distribution has the same mean and a different standard deviation. Each distribution has a different mean and the same standard deviation. Each distribution has a different mean and a different standard deviation. Mark this and return
Based on the normal distributions given, we can infer that the statement that is true is that Each distribution has a different mean and a different standard deviation.
What is true of normal distributions?Normal distributions can be characterized in different ways which include their mean and standard deviation. The mean of a normal distribution can be found by looking at the point in the middle of the normal distribution curve. As these curve all have different middle points, they therefore all have different means.
The standard deviation is another way to find out the characteristics of a normal distribution. It is found by looking at the spread of the normal distribution curve. We can see that the spreads of these normal distribution curves are all different because the slopes are different which means that the standard deviation is different as well.
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The approach to planning that focuses on formulating certain tactics to achieve specific organizational goals is called?.
Management by objectives refers to a planning method that focuses on developing precise tactics to attain specified organisational goals.
What is organizational goals?
Organizational goals are strategic goals established by a company's management to explain expected outcomes and direct employees' efforts.
Establishing organisational goals has numerous advantages: They direct staff efforts, justify a company's business and existence, set performance standards, limit the pursuit of unimportant goals, and serve as behavioural incentives. Organizations must create a strategy for selecting and meeting goals in order for them to have business value. Goals help a corporation identify its mission, grow its business, and meet its financial objectives. Setting precise organisational goals can also assist a company in measuring its progress and determining which tasks must be addressed in order to accomplish those business goals.
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the covenant of quiet enjoyment provides the tenant with group of answer choices a. a promise from the landlord that the premises will be maintained in reasonable condition. b. the right to make alterations to the property without interference from the landlord. c. the right of exclusive possession of the property during the period of the lease.
A covenant of quiet enjoyment gives the lessee, with a group of answers, the right to exclusive possession of the property for the duration of the lease.
In its broadest and most traditional sense, a contract is a solemn undertaking to do or refrain from doing a certain act. A contract was distinguishable from an ordinary contract by the presence of a seal under historic English common law. At common law, the contract would be upheld even in the absence of consideration, because the existence of the seal demonstrated an unusual seriousness in the commitments made therein.
A lease is a legal contract that requires the user to pay the owner for the use of the property. Common assets that are leased include real estate, buildings, and automobiles. Leasing is also done on commercial or industrial equipment. In its simplest form, a lease is a contract between a landlord and a tenant.
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an agreement where both parties to an existing contract agree to discharge the rights and duties of one party and substitute another person in his place is known as a/an:
A "rights assignment" is the transfer of a party's rights from the "assignor" to the "assignee." Some extra rights and obligations that come with the assignment are determined by the legal nature of the assignment and the contractual conditions of the agreement between the parties.
What are the types of agreements between two parties?Contracts Considering the Nature & Consideration
Unilateral Contracts: In these sorts of contracts, one party promises to pay a specific sum solely in the event that a certain event takes place.Contracts that are signed on a bilateral basis are those in which both parties reach a consensus.One person or company transfers rights or property to another person or company through an assignment. However, only the benefits of the assignment are transferred; any remaining responsibilities belong to the original contracting party. Novations transfer to the next party both advantages and potential risks.A novation is an agreement signed between two parties to a contract that permits the replacement of one party by another.To learn more about agreements refer to:
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according to the rule of 70, if gdp per person is growing at a rate of roughly 3.4%, approximately how many years will it take for average income to double?
According to the rule of 70, if GDP per person is growing at a rate of roughly 3.4%, approximately it will take 21 years for average income to double.
Write a short note on gross domestic product?The term "gross domestic product" is used to quantify the market value of all final products and services produced and sold (not resold) by nations within a specific time period in dollars (GDP). Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indicator. In contrast to nominal GDP, which is better for comparing national economies on the international market, utilizing GDP per capita at Purchasing Power Parity (PPP) may be more beneficial for comparing living standards between nations. However, differences in the cost of living and inflation rates of the nations are not reflected in GDP (nominal) per capita. It's also possible to calculate how much each sector or industry contributes to overall GDP.
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The complete question is mentioned below :
According to the rule of 70, if GDP per person is growing at a rate of roughly 3.4%, approximately how many years will it take for average income to double?
52132149Which is true of a flexible spending account but not a health savings account?(1 point)
A) If you change jobs, you keep the account and all the money in it.
If you change jobs, you keep the account and all the money in it.
B) You can use it to pay for doctor visits.
You can use it to pay for doctor visits.
C) You can get one only if you have a health insurance plan with a high deductible.
You can get one only if you have a health insurance plan with a high deductible.
D) If you don’t spend it within a certain period of time, part or all of it reverts to your employer.
The correct answer is option (A) If you change jobs, you keep the account and all the money in it. If you change jobs, you keep the account and all the money in it.
What is a flexible spending account?Generally, FSA monies cannot be rolled over to the following year until they have been fully utilised, and any unused funds carried over from the prior year are forfeited.
Unused funds are sent to your employer, who can decide whether to divide them among FSA plan participants or utilise them to lower the costs associated with administering the benefits programme.
A flexible spending account, also known as a flexible spending arrangement, is a specific account into which funds may be deposited and later utilised to cover a selection of out-of-pocket medical costs. A flexible spending arrangement is another name for this type of account.
This amount of money is exempt from taxation for you. Accordingly, you will be able to save an amount that is equal to the taxes you would have had to pay on the money you have set aside.
The key distinction between health savings accounts (HSA) and flexible spending accounts (FSA) is that HSAs are under the control of the individual and allow for the carrying over of contributions into later years, whereas FSAs are kept by the employer and offer fewer possibilities for spending.
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martha's recently paid an annual dividend of $3.60 on its common stock. this dividend increases by 2.5 percent per year. what is the market rate of return if the stock is selling for $32.65 a share?
The stock is selling for $32.65 a share is 13.80%.
What is stock?
Stock (also known as capital stock) in the financial industry refers to the shares into which ownership of the a corporation is divided. A single share of stock represents a fractional ownership interest in the company based on the total number of shares. This usually entitles the shareholder (stockholder) to the that portion of the company's earnings, proceeds from the sale of company assets, or voting power, dividing these items frequently in proportion to the sums invested by each stockholder. Not every class of stock is created equal; some may have enhanced voting rights, no voting restrictions, or a specific priority to receive profits as well as liquidation proceeds either before or after both these classes of shareholders.
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Straight-line and declining balance methods allocate the cost of a long-term asset based on , while an activity-based method allocates the cost of an asset based on its.
A straight line and declining balance methods allocate the cost of a long term asset based on time while an activity based method allocated the cost of an asset based on its use.
What is balance methods accounting?In accounting, a balance method refers to the accelerated depreciation system of recording larger depreciation expenses during the earlier years of an asset's useful life while recording smaller depreciation during its later years.
Under this method, the straight line basis entails the process of expensing an asset over a longer period of time than when it was purchased while the declining balance method allocates a greater amount of depreciation in the earlier years of an asset's life than in the later years.
However, the activity-based method is known as unit of production depreciation which calculates depreciation based on the unit of production and ignores the passage of time over the useful life of an asset.
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producers tend to concentrate on making one product---not an entire line of related products. the end-consumer generally wants to purchase more than that one product that the producer specializes in creating. this situation is referred to as .
The correct answer is one of several products produced from a common input
Joint goods are a variety of goods produced concurrently through a single production cycle. Such commodities create homogeneous joint costs up until a split-off point, after which each component is handled independently. Only the combined items will have costs attributed to them prior to the split-off stage.
A joint product must qualify on the basis of equal economic relevance for each item. The more major product is considered to be the flagship product and the second product is referred to as a by-product if the two items are valued at dramatically different amounts.
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which function of oversight is carried out to determine whether the correctional agency is meeting established performance indicators, standards, or policies, or whether it is being fiscally responsible?
The Audit function of oversight is carried out to determine whether the correctional agency is meeting established performance indicators.
What's oversight function?
An oversight refers to the review, monitoring, and supervision of civil agencies, programs and policy perpetration, and it provides the legislative branch with an occasion to check , examine, review and check the administrative branch and its agencies.
What's the part of audit oversight board?
The purpose of Audit Oversight Board( AOB) is to oversee the external adjudicators of agencies who review the listed companies. Its establishment is anticipated to ameliorate the quality of the audited fiscal statements and to increase the confidence of the public on the quality of the services handed by the adjudicators.
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california has recently passed a statute under title vii prohibiting discrimination on the basis of national origin. patty, a citizen of ireland, is denied employment with the state on grounds that he does not possess the necessary qualifications to work. the state only hires workers with u.s. passports and workers that can pass a standardized test at training school. patty challenges this lack of hiring in federal court on 14th amendment equal protection grounds that he has been unlawfully discriminated against. what test will the court use to evaluate the law?
The test the court will use to evaluate the law is "government must show that the classification is rationally related to serving a legitimate state interest (Rational Basis Review)" Option D
This is further explained below.
What is the law?Generally, The rational basis review is the customary level of review that courts employ when analyzing constitutional concerns in United States constitutional law.
These questions might fall under the due process or equal protection clauses of the Fifth Amendment or the Fourteenth Amendment, respectively.
In conclusion, When using the rational basis review standard, the goal of the courts is to establish whether or not legislation is "rationally connected" to a "legitimate" government interest, regardless of whether that interest is actual or imagined.
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CQ
California has recently passed a statute under Title VIl prohibiting discrimination on the basis of national origin. Patty, a citizen of Ireland, is denied employment with the State on grounds that he does not possess the necessary qualifications to work. The State only hires workers with U.S. passports and workers that can pass a standardized test at training school. Patty challenges this lack of hiring in Federal Court on 14th amendment equal protection grounds that he has been unlawfully discriminated against. What test will the court use to evaluate the law?
The government must show that its classification serves a compelling state interest and that the classification is necessary to serve that interest (Strict Scrutiny) Patty must show that the classification does not serve State interests and that the government violated his 14th amendment rights (Executive Scrutiny). The government must show that its classification serves an important state interest and the classification is substantially related to that interest (Intermediate Scrutiny), The government must show that the classification is rationally related to serving a legitimate state interest (Rational Basis Review)identifying markets with unfulfilled needs, segmenting the market, targeting specific segments and positioning one's product or service are the the four basic steps of:
Identifying market's needs, segmenting the market , targeting specific segments etc are the four basic steps of Target marketing plan.
What is targeting specific segment and positioning one's product?Testing specific segment of a market is the close analysis of a part of or corner of market's product may be cause of constant fall rate.Target marketing include and involves four basic steps which are identifying markets with unfulfilled needs .Identifying the market with unfulfilled needs means taking market into consideration to look after it if lacking in some things.And positioning one's product or service is the last step of targeting market plan which all are fulfilled by made market plan strategies.To know more about market strategy visit:
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in an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expenditure equals $325 billion, investment equals $510 billion, and net capital outflow equals $225 billion. what is national saving? a. $1,390 billion b. $225 billion c. $735 billion d. $510 billion
The national saving is $225 billion as the consumption exceeds the savings in an open economy.
What is Gross Domestic Product?
The market worth of all the finished goods and services that nations produce and sell in a certain time period is measured in dollars by their gross domestic product (GDP). This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character and can be gained by economic growth propering the economy.
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true or false: under level production, a simple way to determine the number of units to be produced per month would be to divide the annual production amount (in units) by 12.
An essential Lean principle is levelling production, which makes the production process more fluid. It enables production to move materials in response to demand, which will shorten response times to demand fluctuations and upstream schedule variability.
Explain about the level production?Production smoothing, also known as production levelling, is the process by which businesses meet consumer needs while minimizing manufacturing wastes, such as capital expenses, labor costs, and lead times for production.
A production strategy that adjusts the volume of inventory to keep production constant throughout a certain time frame. Plans for level production may be necessary due to facility constraints or to meet seasonal demand. Lean Affiliates defines this.
Pre-production (planning), production (filming), and post-production are the three crucial phases of every film's production (editing, color-grading, and visual effects).
Hence, the number of units to be produced per month would be divide the annual production amount by 12 in level production is true
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An incoming mba student took placement exams in economics and mathematics. In economics, she scored and in math. The overall results on the economics exam had a mean of and a standard deviation of , while the mean math score was , with a standard deviation of. On which exam did she do better compared with the other students?.
The term "standard deviation" describes how far a data collection deviates from the mean (or ""). A low standard deviation means that the data are grouped around the mean, whereas a large standard deviation says that the data are more spread out.
What is the standard deviation explained?The standard deviation is a measure of how variable your data set is on average. It displays the standard deviation of each score with respect to the mean.
Standard deviation is important because it makes measurements easier to understand when the data is dispersed. The more equally distributed the data is, the bigger the standard deviation of the data will be.
When SD is larger than mean, it may indicate that the data's distribution isn't symmetrical or normal. As a result, the mean cannot be a reliable indicator of central tendency when the data does not follow a normal distribution.
Continuous data, not categorical data, are summarized using the mean and standard deviation. Additionally, just like the mean, the standard deviation is typically only acceptable when the continuous data is not noticeably skewed or contains outliers.
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According to the coase theorem, which situation would most likely result in a private bargaining solution and yield an efficient market?.
The Coase theorem states that when externalities are present, the private market will require government intervention to provide an efficient result.
The Coase Theorem is what?According to the Coase Theorem, granting property rights can mitigate harmful externalities in some situations. A Forrester might manage their forest, for instance, to ensure its lifespan and safeguard it from fires. The ability to sell logs in upcoming years is an incentive to do this.Ronald Coase, an economist, first proposed the Coase theorem in his 1960 paper, "The Problem with Social Cost." He demonstrates how conflicting property rights can lead to ineffective economic outcomes. Uncertainty about property rights might lead to disagreements.Where a company might pollute a river is one such instance of the coase theorem. Conversely, people who gain from strolling past the river and taking in the scenery experience a negative externality. The river could contain bottles and other objects that are unpleasant. The right to the river does not belong to either the company or the person. What happens has a negative impact on the person crossing the river.To Learn more About Coase theorem refer to:
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collected data that may be accessed and analyzed using tools and techniques that assist managers in decision making is representative of a decision support system. true false
A marketing decision support system is a collection of data that can be accessed and examined by managers utilizing tools and processes.
What part does marketing research play in the decision-making process?A decision support system is an example of collected data that can be accessed and analyzed using methods and tools that help managers make decisions.
Information that is pertinent to decision-making is provided by marketing research, which benefits marketing management. Marketing research neither determines the course of action nor ensures success. Instead, market research assists in lowering the level of confusion surrounding the choices to be made. When we asked 2,000 Customer Experience (CX) specialists about their company's approach to research, surveys emerged as the most popular way of market research.
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a cereal manufacturer has different products for children and adults. it applies a different marketing strategy for each of these customer groups. which segmentation base is the company using to divide its market in this case? multiple choice lifestyle demographic psychographic geographic behavioral
Statistics that characterize populations and their traits are known as demographics. The study of a population based on characteristics like age, race, and sex is known as demographic analysis
Explain about the demographic?Businesses use demographics, or the socioeconomic features of a population, to determine the product preferences and purchase patterns of their customers. Companies can create a profile of their consumer base using the characteristics of their target market.
A few examples of demographic data include age, race, ethnicity, gender, marital status, income, education, and employment. Survey questions are an easy and effective way to collect this type of information.
Businesses use demographic data to have a better understanding of the characteristics of the consumers of their products and services. Based on their age, location, gender, employment status, income, and a host of other characteristics, demographics can help you pinpoint the individuals who are most drawn to your brand.
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how much must you deposit in an account today so that you have a balance of $18,685 at the end of 9 years if interest on the account is 11% p.a., but with quarterly compounding?
$ 4,043.08 must be deposited in the bank account so that you have a balance of $18,685 at the end of 9 years.
Calculation
Future value required= $18,685
Term(n) = 9 years * 4 = 36 Quarters
Interest rate = 11% * 1/4 = 2.75%
Future value required = Amount deposited today * [tex](1+I)^{n}[/tex]
$18,685 = Amount deposited today * [tex](1+2.75)^{36}[/tex]
$18,685 = Amount deposited today * 4.6251480
Amount deposited today = $18,685/ 4.6251480
The amount deposited today = 4,043.07710 = 4,043.08
Hence, $ 4,043.08 must be deposited in the bank account so that you have a balance of $18,685 at the end of 9 years if the interest on the account is 11% p.a.
what is compound interest?Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit. It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it so that interest is generated the next period on the principal amount plus any accumulated interest.To learn more about Compound interest, refer to https://brainly.com/question/24924853
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What is the name of the industry that is capable of manufacturing all sorts of electronics items for different companies like sony, apple, microsoft, and blackberry?.
EMS: Electronic manufacturing services is the name of the industry that is capable of manufacturing all sorts of electronics items for different companies.
What exactly is an electronic manufacturing company?
Electronic manufacturing services image result
Electronics manufacturing services (EMS) are provided by businesses that design, test, build, deliver, or provide aftermarket support for electronic components and assemblies. A steady, specialist hand guiding you through the production process can help your product stand out from the crowd.
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should healthy hearts include the extinguishment of debt (i.e.,the notes) in its precombination financial statements or should cool care include it in its postcombination financial statements?
Financial statements are written records that convey the business activities and the financial performance of a company. Government organisations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes.
What is Financial statements ?Financial statements are official records of a person, business, or other entity's financial situation and actions. An easy-to-understand format is used to provide pertinent financial data in a systematic manner.
Financial statements are intended to give information about an enterprise's financial situation, performance, and changes in financial position that will be helpful to a variety of users in making financial decisions. Financial statements must to be comprehensible, pertinent, trustworthy, and similar. An organization's financial situation is directly correlated with its reported assets, liabilities, equity, income, and expenses.
Financial statements are meant to be understood by those who are willing to study the information carefully and who have a basic understanding of accounting, business, and economics.
Government financial statements may be recorded, measured, and presented according to different rules than those that apply to businesses and even non-profit organisations. They can choose between the two accounting techniques of accrual accounting and cost accounting, or they can combine the two (OCBOA).
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in 2009, the u.s. dollar was very weak compared to the euro, the currency used by most of the countries in the european union. who would benefit most from this situation?
In 2009, the u.s. dollar was very weak compared to the euro, the currency used by most of the countries in the European Union. German tourists visiting New York City for two weeks would benefit most from this situation.
Currency is any form of standardized money used or circulated as a medium of exchange, such as banknotes and coins. A more general definition is that a currency is a monetary system that is commonly used over time within a particular environment, especially for people in a nation-state.
Currency can be divided into three monetary systems: paper money, commodity money, and representative currency depending on what guarantees the currency's value (the economy as a whole and the government's physical metal reserves). Some currencies are legal tender in certain jurisdictions or for certain purposes. B. Payments to governments (taxes) or government agencies (fees, fines). Others are traded simply for their economic value.
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the beginning inventory consisted of 12,000 units, 30 percent complete and the ending inventory consisted of 9,600 units, 40 percent complete. there were 26,400 units started during the period. determine the equivalent units of conversion in process using the weighted average method.
The Equivalent units of conversion in the process will be 32,640 units.
In this question, it is given that the beginning inventory had 12,000 units of which 30% were complete and the ending inventory consisted of 9,600 units which were 40% complete. There were a total of 26,400 units started during that period. We have to determine the equivalent units of conversion in the process.
First, we will calculate the number of Units completed. This can be calculated by:
=> 26400 + 12000 - 9600
=> 28,800 units
Now, we will calculate equivalent units in the ending inventory,
=> 9,600 * 0.40
=> 3,840 units
Now, Equivalent units of conversion in the process will be:
=> 28,800 + 3,840
=> 32,640 units
Hence, the equivalent units of conversion in the process according to the data will be 32,640 units
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