Suppose your retirement account earns 6% compounded annually.
How long will it take for your account to grow from $374,000 to
$1,000,000?
Answers
Initial value = $374,000 Final Value = $1,000,000 r=interest rate = 6.1%
Time = n
Value = Initial value X (1+r)ⁿ
1,000,000 = 374,000 X ( 1+ 6+ (-)"
(1.06)ⁿ= 1000000/374000
=(1.06)ⁿ= 2.67
taking natural log on both sides
n ln (1.06) = ln (2·67)
n=Ln (2·67) / ln (1.06)
16.88 year's
An initial value problem (IVP) in multivariable calculus is an ordinary differential equation with an initial condition that specifies the value of the unknown function that a given point in the domain. In physics or other sciences, modelling a system frequently entails solving an initial value problem. In that context, the difference initial value is an equation that specifies how the system evolves over time given the problem's initial conditions.
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Related Questions
A surplus of computers is supplied. What does this indicate about the demand of the computers? How would the price change affect the computer company’s supply and demand equilibrium?
Answers
A surplus in the supply of computers indicate that the demand for computers is less than the supply of computers.
The price change would lead to an increase in the equilibrium quantity of computer demanded and supplied.
A surplus in supply means that the quantity supplied of a good exceeds the demand for the good. It means that the demand for the good is less than the supply of the good. When the supply of a good increases, the equilibrium price of the good decreases and the equilibrium quantity of the good increases. On a demand and supply curve, a surplus would be shown as a rightward shift of the supply curve.
As a result of the decline in price, the quantity demanded of computers would increase. This would lead to a rise in equilibrium price and quantity.
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A gentleman in a wheelchair and his daughter are in the store looking at Healthcare products. You are not currently helping another customer and you spot that they have a shopping list. What do you do?
Answers
wirte a report to your headmaster about the historical excursion
my
PILLAY MANUFACTURERS (PM) mutual agreement for work performed at night after 18:00 and before 6:00 the following day. Pillay manufacturers specialises in the manufacturing of fruit juice. Employees at PM have a normal rate. PM provided all black employees with learnerships and learning programmes. Black females are given opportunities to be included in shareholding in the business. Newly appointed employees were given access to the employment contract and were also inducted on different aspects. The induction programme included the following aspects: The tour of the premises, introduction to key people and immediate colleagues and a discussion of employee benefits. The business strives to set a code for ethical and effective leadership by the board of directors, by ensuring that all King Code principles are applied in all dealings. Employees have demonstrated some unprofessional business practices by taking extended lunch breaks to do their shopping. 1.1.1 PM needs to identify problems that affect their operations to make informed decisions. Brainstorming and force field analysis have been applied to enable them to solve complex business problems. Name TWO provisions of BCEA from the scenario above
Answers
Considering the scenario above, the two provisions of the BCEA would be:
The mutual agreement for night work after 6 pm and 6 am.The induction program that includes discussing employee benefits.What is the BCEA?Corresponds to an acronym for Basic Conditions of Employment Act, which is a South African labor law, which aims to provide decent standards and rights for local workers. Some of its principles are related to:
Working hoursOvertimeAnnual leaveLicensesTermination of the employment contractTherefore, BCEA is essential for labor regulation in South Africa, establishing rules on wages, child labor and other workers' rights.
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You have established a new business in your neighbourhood
Explain how you would use power relationships to benefit your business
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Answer:As a small-business owner, one of the most effective ways for you to compete ... Then plot them on a zip code map (easily found in most phone books). ... Understanding the importance of your marketing area will also help you ...
To what extent does woolworths have over the macro environment
Answers
They include customers, suppliers, intermediaries, competitors and the public. On the other hand, the macro environments are those factors that affect Woolworths from outside. They include: economic, social, technological, legal and demographic factors.
a method for managing pollution in which a limit is placed on emissions and businesses or countries can by and sell emissions allowances
Answers
A method for managing pollution in which a limit is placed on emissions and businesses or countries can by and sell emissions allowances is Cap and trade .
What does the term "cap and trade" mean?
A "cap" on maximum emissions is imposed under the cap-and-trade system, which reduces the total emissions from a number of emitters.
It is said to as a market-based approach that aims to lower total pollutant emissions and promote corporate investment in fossil fuel substitutes and energy efficiency.
What does "cap and trade system" mean?
A government regulation scheme known as "cap and trade" aims to reduce or "cap" the overall level of certain chemical pollutants, primarily carbon dioxide emissions, that arise from industrial activity.
The argument put up by cap and trade proponents is that it is a preferable option to a carbon tax.
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Once the election to use the LIFO inventory method has been made by a taxpayer, the inventory method may be changed only with the consent of the IRS.
A. True
B. False
Answers
A. True Once a taxpayer has elected to use the LIFO (Last-In, First-Out) inventory method, it becomes a part of their accounting method. As a result, any changes to this method must be approved by the IRS.
This is because changing inventory methods can potentially have a significant impact on a taxpayer's tax liability. For example, changing from LIFO to FIFO (First-In, First-Out) could result in a lower cost of goods sold and higher profits, which would increase the taxpayer's tax liability.To change inventory methods, a taxpayer must submit a request to the IRS and provide a detailed explanation of why the change is necessary. The IRS will then review the request and may require additional information or documentation before granting approval. It is important for taxpayers to be aware of the rules and requirements surrounding inventory methods and to work with a qualified tax professional to ensure compliance with IRS regulations.
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4. What competitive structure features pricing that is determined entirely through the laws of supply and demand and requires t
Moderate competition
Perfect competition
Monopolistic competition
Direct competition
Answers
Pricing is not determined by supply and demand forces in monopolistic competition. Companies set the prices for their distinctly different yet similarly priced items. The answer is option (c).
What is monopolistic competition?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition develops. A monopolistic competitive economy has minimal entry requirements, and actions made by any one business do not immediately impact those of its rivals.
Consider a market system where there are many businesses and free enterprise entrance and exit, but the goods these businesses produce are not uniform. A market structure like this is referred to as monopolistic competition.
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what refers to actions by franchisors to void the contracts of franchisees in order to sell the franchise to someone else and collect an additional fee?
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The term that refers to actions by franchisers to void the contracts of franchisees in order to sell the franchise to someone else and collect an additional fee is "churning."
Churning occurs when a franchisor intentionally terminates or forces franchisees out of their contracts in order to resell the franchise to new individuals, often with the goal of generating additional fees or royalties. This practice is generally considered unethical and can lead to legal disputes between the franchisor and franchisee.. This practice is generally considered unethical and unfair to the franchisees involved. It can disrupt the business operations of existing franchisees and undermine the trust and stability of the franchising relationship.
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How many nickels make 30 cents?.
Answers
A nickel coin is equal to 5 cents. To make 30 cents, we need 6 nickels.
The nickel is the five-cent coin of the United States. Thomas Jefferson, our third president, is depicted on the obverse (heads) of the nickel. Although the current portrait is from 2006, he has been on the cent since 1938.
The United States Mint added a new portrait of Jefferson to the front of the nickel in 2005 to give the currency a more modern appearance. Joe Fitzgerald created the image. The Mint had designed two possible reverse sides of the coin, each with a distinct motif based on "a Westward Journey." One design portrayed the American bison, while the other depicted the Pacific Ocean, the expedition's ultimate aim.
A nickel = 5 cents.
It means that:
2 nickels = 2 x 5 cents = 10 cents
3 nickels = 3 x 5 cents = 15 cents
Therefore, to get 30 cents, we need: 30/5 = 6 nickels.
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Lisa loves to draw and has a good eye for what is visually appealing. She wants a job where she can work independently, and possibly be self- employed. Which marketing position best matches her interests and career goals? A. Logistician B. Marketing research analyst O C. Sales representative D. Graphic designer
Answers
Answer:
D. Graphic designer
Explanation:
Graphic designers use visual arts such as images, words, and graphics to communicate with their audience. They may use hand or computer software to create captivating messages that inform, inspire, and attract customers' attention.
The objective of marketing is to make customers interested in the company's products. Graphic designers can use their talents to create charming visual arts to make customers want to buy a company's products. Graphic designers can be employed, but the majority work as independent contractors. Lisa has the skills to be a graphic designer. She can practice her talent as a self-employed individual.
Answer:
Graphic designer
Explanation:
I just did it
Grygiel Company leases a nonspecialized machine with a fair value of $50,000 to Baker Company. The lease has a life of 6 years and requires a $10,000 payment at the end of each year. The lease does not include a transfer of ownership nor a bargain purchase option, and the life of the lease is less than a major part of the expected economic life of the machine. It is probable that Grygiel will collect the lease payments plus any amount necessary to satisfy a residual value guarantee. Round your answers to the nearest dollar.
1. If the interest rate implicit in the lease is 10%, compute the machine’s expected residual value.
Answers
The expected residual value of the machine is $11,830.
Using the information given, we can calculate the present value of the lease payments using the formula:
PV of lease payments = lease payments x present value annuity factor
PV of lease payments = $10,000 x 4.355 = $43,550
Next, we can calculate the initial value of the machine by subtracting the PV of lease payments from the fair value of the machine:
Initial value of machine = $50,000 - $43,550 = $6,450
To calculate the expected residual value, we need to find the future value of the initial value of the machine at the end of the lease term (6 years) using the interest rate implicit in the lease (10%). We can use the formula:
FV = PV x (1 + r)^n
where r is the interest rate, and n is the number of periods.
FV = $6,450 x (1 + 0.10)^6 = $11,829.68
Therefore, the expected residual value of the machine is $11,830.
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when consumers research products online and then go to an actual store to make their purchase, the practice is known as
Answers
"webrooming." Webrooming refers to the behavior of researching products or services online before making a purchase in a physical store.
This practice is common among consumers who want to compare prices, read reviews, and gather information about the products they are interested in before making a purchase decision. By using webrooming, consumers can save time and money, as well as make more informed purchasing decisions.
Webrooming is becoming an increasingly popular consumer behavior as the prevalence of online shopping continues to grow. Many consumers use their smartphones or other mobile devices to research products while they are on the go, and then visit physical stores to make their purchases. This allows them to see and touch the products in person, which can be important for certain types of items, such as clothing or furniture.
Webrooming can also be beneficial for retailers, as it can help to drive foot traffic to their physical stores. Retailers can leverage webrooming by creating a seamless omnichannel experience for customers, offering online product information and reviews, as well as in-store displays and promotions.
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What is the SOLVE method of conflict resolution? What does each letter stand for and mean?
Answers
As the SOLVE method of conflict resolution, each letter stands for the followings:
Self-serving fairness interpretationsOverconfidenceLitigationVerdictEscalation of commitmentWhat is a conflict resolution?A Conflict resolution is best defined as the informal or formal process that two or more parties use to find a peaceful solution to their dispute. that is, when the parties in a conflict needs to come to a mutual resolution to end the conflict in a peaceful way.
In a typical Conflict resolution such as arbitration, the neutral third party known as the arbiter serves as a judge responsible for resolving the dispute between the conflicting party.
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Tell me about a time you tried to sell a customer, teammate, or someone else on an idea, product, or service. describe the situation, your actions, and the outcome
will give brainliest answer
does not have to be work related
Answers
To try to sell a product or idea we must use valid arguments and connect attitudinally with the people to whom we offer them.
What is a sale?A sale is a transaction in which a product or service is exchanged for money.
What experiences do we have selling something?One experience we have selling something was when we built some wooden toys to sell to my friends and family as Christmas souvenirs.
For them I had to call them and send them an email with pictures of the toys. In general, we highlighted the most striking features of the toys and had a positive attitude to convince buyers.
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What are some alternatives to Bankruptcy? (Select All that Apply)
Group of answer choices
Using your Credit Card for a cash advance
Obtaining help from consumer credit counseling
Having a friend or family member Co-sign for an auto loan
Reduction of payments
Payment of debts by selling or borrowing on property
Out of court settlement
Securing a Payday Loan
Answers
Answer:
obtain help from consumer credit counseling, reduction of payments
Every decision involves trade-offs because
Aeveryone has to make decisions.
B everyone's resources are limited.
C some people have more money than others.
D some decisions are made for business, others for society.
Answers
Answer:
B everyone's resources are limited
Explanation:
A trade-off will involve selecting one option from a variety of choices. In a trade-off, one has to forfeit one alternative to enjoy the other. A trade-off is the same as the opportunity cost. The cost of trade-off is expressed as the foregone benefit from the next best alternative.
A trade-off exists because people have to choose the best way to use their limited resources to satisfy unending needs. The few available resources, including time and money, cannot satisfy individuals' and households' needs and wants. People have to prioritize their needs and allocate resources accordingly. Both individuals and firms will often decide to cater to their most pressing needs first. By making those decisions, a trade-off is created.
Fulbright County constructed a library in one of the county's high-growth areas. The construction was funded by a number of sources. Below is selected information related to the Library Capital Project Fund. All activity related to the library construction occurred within the current fiscal year. The county operates on a calendar-year basis. Required: Prepare a journal entry for capital projects fund and governmental activities at the government-wide level.
Answers
In the current fiscal year, Fulbright County constructed a library in a high-growth area, funded by various sources. The task requires preparing a journal entry for the Library Capital Project Fund and governmental activities at the government-wide level.
To provide a comprehensive answer, specific details regarding the funding sources and amounts involved in the library construction are required. However, in general, the journal entry for the Library Capital Project Fund would involve recording the sources of funding as credits to the fund's cash or revenue accounts, depending on the nature of the funds received. Simultaneously, the corresponding debits would be made to the appropriate accounts, such as construction expenditures or asset accounts, to reflect the capital project's costs or the acquisition of the library building.
At the governmental activities level in the government-wide financial statements, the journal entry would entail capitalizing the library building as a long-term asset, recognizing any related depreciation expenses, and reflecting the funding sources as revenues or grants received. These entries aim to accurately represent the financial impact of the library construction on the county's overall financial position and results of operations.
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Under the product liability theory of strict liability as expressed in the Restatement (Second) of torts, what is an essential fact that must be present if strict liability may be used in a lawsuit as the basis for recovery
Answers
Answer:
A). The product must be unreasonably dangerous.
Explanation:
The 'product liability theory of strict liability' law may consider the manufacturer or retailer liable for injuries caused by the use of their product even if that product has been designed safely for the consumers and it contains a warning label also that clearly states the harm it may cause. But the application of strict liability takes place only on the condition of 'the product being unreasonably dangerous' and the risk of harm(as thought by manufacturer) surpasses the advantages. Thus, option A is the correct answer.
all except which of the following are negative outcomes found in a firm that is set up using a functional model?
Answers
The answer is (e) redundancy of expertise, as a functional model is designed to have specialized departments that can result in overlapping roles and unnecessary duplication of efforts, leading to redundancy of expertise.
In a functional model, departments are organized based on their functions such as marketing, finance, and operations. This leads to specialized expertise within each department, but can also lead to communication gaps, suboptimization, and a loss of sight of business goals as each department may focus only on their specific function rather than the bigger picture.
Lost information can also occur if communication channels are not established or if there is a lack of cross-functional collaboration. However, redundancy of expertise is a unique negative outcome of a functional model, as it can result in overlapping roles and unnecessary duplication of efforts, which can be costly and inefficient for the firm.
This question should be provided with the options as follows:
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What does deficit spending require a government to do?
lay off workers
cut taxes
take on debt
hire more workerscy
Answers
Answer:
c. TAKE ON DEBT
Explanation:
A deficit spending require a government to: C. take on debt.
What is deficit spending?A deficit spending can be defined as a situation in which the expenditure of government exceed the amount of money generated as revenues over a fiscal period.
This ultimately implies that, deficit spending typically occurs when government's expenditure is greater than its revenue over a specific period time.
Consequently, government tends to resort to borrowing or taking debt when there is deficit spending in its budget.
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A supervisory body, a source of public good, and an entity that reallocates income are all _____. roles of an entrepreneur roles of government things a government is not responsible for things an entrepreneur is responsible for
Answers
Answer:
roles of government
Explanation:
What are noncash investing and financing activities, and how are they recorded in QuickBooks Accountant?
Answers
QuickBooks Accountant visit the employer menu and pick Make trendy journal Entries, make certain your debits same our credit when we are done.
Some making an investment and financing sports occur with out producing or consuming coins. as an instance, a enterprise may trade not unusual inventory for land or gather a building in change for a word payable.Big noncash financing and making an investment sports are reported at the agency's earnings declaration.
Non-cash transactions are always recorded in the income statement, as they directly effect general internet income, however do now not impact coins go with the flow. subsequent, you may need to create a contra account for your device to preserve music of your monthly depreciation price.can also
A magazine access is a report of the business transactions in the accounting books of a business. A nicely documented magazine access includes an appropriate date, quantities to be debited and credited, description of the transaction and a unique reference number. A magazine access is the first step inside the accounting cycle.
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the chicago sun-times reports stocks of local interest to chicagoans. write a localstocks object that ""monitors"" local stock activity as it is reported. you will simulate a live feed by reading snapshots from the file ticker.dat
Answers
To monitor local stock activity as reported by the Chicago Sun-Times, a "localstocks" object can be created. This object will simulate a live feed by reading snapshots from the file ticker.dat.
The "localstocks" object serves as a tool to track and monitor stocks of local interest to Chicagoans. It is designed to gather stock data from the Chicago Sun-Times, which reports on stocks relevant to the local community. By reading snapshots from the file ticker.dat, the object can simulate a live feed of stock activity.
The "localstocks" object can be programmed to continuously update and analyze the stock information from ticker.dat. It can include features such as real-time price updates, stock performance indicators, and customizable alerts based on user preferences. This allows individuals interested in local stock activity to stay informed about market trends and make informed investment decisions.
By creating the "localstocks" object, users can conveniently access and monitor stock data specific to their local area, providing them with relevant and timely information for their investment strategies.
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Al is participating in a research study on his smartphone. This is an example of _______ marketing research.
Answers
Answer: The answer is mobile hope this helps have a great day
Explanation:
AI is engaging in the research study through his smartphone is a considered to be an example of mobile marketing research.
What is meant by marketing?Marketing is the process of engaging in promoting the manufactured goods or services in front of the customers which induces them to buy it.
When the research relating to marketing is done through usage of smartphones, then that kind of research is called as mobile marketing. It involves the usage of content by using the functions of smartphones.
Therefore, the provided research done by AI is regarded as the mobile marketing research.
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now that you have some idea of the questions the stakeholders will ask, you and a team member consider different objections that might arise. your team member asks you how you will respond if someone from gaea questions your data-cleaning process. how do you prepare for this objection? select all that apply. 1 point be prepared to explain why data cleaning is not relevant at this stage of the project keep a detailed log of your data-cleaning process practice answering questions about your data-cleaning process add your data-cleaning log to the slideshow appendix
Answers
You will be able to provide evidence of the steps you took to clean the data and answer any questions about the process if you keep a detailed log of your data-cleaning process.
How can the data-cleaning process be prepared?I have made a detailed log of the steps I took to clean the data so that I can be ready for any questions a Gaea representative might have about it. The kind of cleaning I did, the tools I used, and the result of the process are all documented in this log. I will be able to easily demonstrate the steps I took to ensure accurate results and explain the data-cleaning process thanks to this. The data-cleaning log has also been added to the slideshow appendix so that the Gaea representative can review it whenever they want.
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If the price of the share grows as the company grows, how does buying shares in a company benefit an investor?.
Answers
Answer:
An investor will be able to sell these shares for a higher price and make a profit.
Explanation:
This is because the investor can sell the share for a higher price as people see the company is doing well.
Steve Marks owes $20,000 in medical bills, $300 to the public utility, $400 on a dental bill due this month, $35,000 on a 10 year student loan, and $120,000 on a 30 year home mortgage. What is Steve's total for current liabilities
Answers
Answer:
US$ 175.700
Explanation:
Based on the given information, the total of Steve Marks's current liabilities is 20,700.
What is Current liability?The simple payments that are outstanding within a year or during the course of a typical business cycle are known as current liabilities. These are the sums that each person or business must pay each year.
The formula for calculating the current liability is
Total current liabilities=Medical bills+Public utility+dental Bill
As given
Medical bills=$20,000
Public utility=$300
Dental bill=$400
In the given case, the student loan and home mortgage are excluded as they are not considered as current liabilities of the business payable in a year.
Current liabilities=$20,000+$400+$300
Current liabilities=$20,700
In conclusion, Steve Marks's current liabilities are $ 20,700.
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denti-way systems, a manufacturer of dental appliances, invented and patented a new x-ray machine that radically reduced maintenance and operational issues. responding to global demand, it decided to sell the machines manufactured at its plant in the united states to various markets across the globe. since the product features provided by denti-way were not provided by any other competitor, denti-way did not feel any pressure for cost reductions. which strategy is most likely being pursued by denti-way? group of answer choices international localization global standardization transnational nationalization
Answers
The most likely strategy being pursued by Denti-way based on the given information is option (a) international
Based on the information provided, it seems that the strategy being pursued by Denti-way is internationalization. This is because Denti-way is selling its products manufactured in the US to various markets across the globe, which indicates an effort to expand its business internationally. Additionally, the fact that Denti-way is not feeling pressure for cost reductions suggests that it is not necessarily focused on adapting its products or operations to specific local markets, which is a key characteristic of localization.
Global standardization and transnational strategies both involve balancing standardization and adaptation to local markets, which does not seem to be the case for Denti-way based on the given information. Nationalization involves the government taking control of a company or industry, which is not applicable to this scenario.
Therefore, the correct option is (a) international
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5. QUESTION 5: PRESENTATION AND DATA RESPONSE
5.1. Read the scenario below and answer the questions that follow.
CHARLIES COMMUNICATIONS (CC)
Charlie, the owner of the business was invited to present his business's five year plan to various stakeholders. Charlie considered the time frame for his presentation and prepared a rough draft of the presentation. He also prepared slides and used legible font size to enable his audience to see his presentation. He also used key words instead of full sentences. Charlie spoke with energy and enthusiasm. He addressed the questions and not the person who asked the question.
5.1.1. Quote factors that Charlie considered before, during and after his presentation. (3)
Answers
The factors that Charlies considered before the presentation are;
the presentation's goalthe topic, the audience, the venue or location, the time of day, and the duration of the speech.What factors did Charlies consider during the presentation?The factors that Charlies considered during the presentation are;
his comportmentFeedback from the audiencereceptivity of this presentationhis tone;his engagement etc.What factors did Charlie consider after the presentation?The key factor that Charlie considered after the presentation whether or not the presentation was well received and if the audience got the message.
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