you have $ to invest. if you put the money into an account earning % interest compounded annually, how much money will you have in years? how much money will you have in years if the account pays % simple interest?
Answers
If you have $X to invest and put it into an account earning Y% interest compounded annually, you will have $Z after N years.
To calculate this, you can use the compound interest formula: Z = X(1 + Y/100)ⁿ.
If the account pays Z% simple interest, you will have $W after N years.
To calculate this, you can use the simple interest formula: W = X(1 + (Z/100)N).
To find the amount of money you will have after N years with compound interest, use the formula Z = X(1 + Y/100)ⁿ. Here, X is the initial amount, Y is the interest rate, and N is the number of years. This formula accounts for the compounding effect of earning interest on the initial amount as well as any previously earned interest.
To find the amount of money you will have after N years with simple interest, use the formula W = X(1 + (Z/100)N). Here, X is the initial amount and Z is the interest rate. This formula calculates the interest earned on the initial amount only, without considering any previously earned interest.
By plugging in the given values for X, Y, and N into the appropriate formula, you can calculate the amounts Z and W.
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Related Questions
cthe condo price increases annually by the annual rate of inflation of 2 percent per year over the next 10 years.
Answers
Over the next 10 years, the condo price is projected to increase annually by the rate of inflation, which is set at 2 percent per year. This means that the price of condos will steadily rise in line with the general increase in prices across the economy.
The condo price is expected to experience an annual growth rate equivalent to the annual rate of inflation, set at 2 percent per year, for the next 10 years. Inflation refers to the general increase in prices of goods and services in an economy over time.
This means that as the cost of living and expenses rise, the price of condos will also follow suit. The 2 percent annual increase accounts for the expected rise in the overall price level and reflects the average inflation rate projected for the foreseeable future.
Consequently, potential buyers and sellers in the condo market should consider this inflationary trend when assessing future prices and making investment decisions.
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The Second Step in the Change Management Plan is to ___, when determination is made of the process to follow implementing the change.
a )assess willingness, readiness, and ability to chnge
b) develop or adopt a strategy for change
c) implement the change management plan/tack
d)evaluate experiences and develop lessons learned
e) define, and deploy the infustructure
Answers
The Second Step in the Change Management Plan is to b) develop or adopt a strategy for change when a determination is made of the process to follow for implementing the change.
After assessing the need for change and identifying the objectives, the next crucial step is to develop or adopt a strategy for implementing the change. This involves formulating a comprehensive plan that outlines the specific actions, resources, and timelines required to successfully execute the change initiative.
Developing a strategy for change involves considering various factors such as the organization's culture, resources, stakeholders, and potential barriers to change. It also entails determining the most effective approach to implement the change while minimizing resistance and disruption to operations.
During this step, key decisions are made regarding the methods, techniques, and tools to be utilized in the change implementation process. The strategy may include communication plans, training programs, resource allocation, and coordination mechanisms.
By developing or adopting a well-thought-out strategy for change, organizations can ensure a structured and systematic approach to implementing the change, increasing the likelihood of successful outcomes and minimizing potential challenges along the way.Correct answer is b.
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West Company had $375,000 of current assets and $150,000 of current liabilities before borrowing $75,000 from the bank with a 3-month note payable. What effect did the borrowing transaction have on West Company's current ratio? Select one: a. The change in the current ratio cannot be determined. b. The ratio decreased. c. The ratio increased. d. The ratio remained unchanged.
Answers
Answer:
b. The ratio decreased
Explanation:
The current ratio is a financial performance measure that compares current assets to current liabilities, hence, in ascertaining the impact of the short-term borrowing on the current ratio, we would compute the current ratio before and after having taken the short term loan as shown thus"
current ratio=current assets/current liabilities
Before borrowing:
current ratio=$375,000/$150,000
current ratio=2.50
After borrowing:
current ratio=$375,000/($150,000+$75000)
current ratio=1.67(it has declined from earlier 2.50 to 1.67)
Tammy is the owner of British Brushes. Due to the price of paint, she has to raise the prices of her painting classes. What curve is affected and what determinant caused this change?
a. The Supply Curve shifted to the Left because the cost of inputs increased.
b. The Demand Curve shifted to the Right because of the change in consumer income
c. The Supply Curve shifted to the Right because the cost for new technology decreased
Answers
In a condition where Tammy has to increase the prices for her painting classes, the supply curve will show a shift to the left because the input costs also saw a rise. Therefore, the option A holds true.
What is the significance of input costs?Input costs can be referred to or considered as costs that are associated with the production of goods or services for a firm in the economy. A business can not grow or sustain without incurring input costs. When input costs for a firm increase, the supply curve of an economy shifts to the left.
In the above condition, when prices of paint increase, it also leads to an increase in the input costs for Tammy, and as a result of the same, the supply curve shows a shift towards the left.
Therefore, the option A holds true and states regarding the significance of input costs of British Brushes.
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who wants brainlest i think i spelled it right
Answers
Answer:
ill take it lol but whats the catch??
Explanation:
Answer:
I dooooooooo plzzzzzzzzzzz!!!!!!1
Explanation:
Brainliest...
Why is fashion designer Kira's Plasinina father important
a. He is a businessman who helped her achieve her goals .
b. He liked her drawings .
c. He funded her ventures.
d. He was her inspiration
Answers
Nonoperating gains must be turned into its cash component and subtracted from net income when using the direct method. a False b True
Answers
True. Nonoperating gains must be turned into its cash component and subtracted from net income when using the direct method
When using the direct method of preparing the statement of cash flows, nonoperating gains need to be subtracted from net income because they represent cash inflows that are not generated from the core operating activities of the business. The direct method focuses on the actual cash inflows and outflows during the period, so nonoperating gains should be adjusted to reflect their cash component and deducted from net income to arrive at the net cash provided by operating activities. This ensures that the cash flow statement accurately reflects the cash generated or used in the company's operations.
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whats a assembly line
Answers
Answer:
An assembly line is a manufacturing process in which parts are added as the semi-finished assembly moves from workstation to workstation where the parts are added in sequence until the final assembly is produced.
Explanation:
With relevant examples discuss intangible business property that is protected by law and which an entrepreneur should consider when starting up a business
Answers
Answer:
Explanation:
Intangible property are useful resources, they are asset that are not physical but they produce much economic benefits to organization , entrepreneur.some of this asset are Goodwill, brand recognition, as well as intellectual property.
Some of these intangible asset are intellectual property and are protected by law from stealing away by those that are not authorized to it.
Examples of intangible business property that is protected by law are:
✓patent
✓copyright
✓ franchises
✓trade mark
✓Goodwill
✓tradenames
✓ trade secret
1)Patent is one of the intangible asset granted by government and protected to an inventor who is entrepreneur that exclude others from selling as well as using the invention for particular period of time. If an entrepreneur comes up with an invention it will be protected for him/ her. it can be categorized as utility, design, and plant. Example of invention that falls under utility is microwave oven. Other invention are light bulb, printing press.
2) copyright is another intangible property, in which the original works of authorship of an entrepreneur is protected, dramatic, musical work as well as computer software, and architecture of an entrepreneur is protected, this will help the entrepreneur to enjoy the benefits of his/her labor and to grow fast in term of finance.
3)trademark is another intangible property that is protected by law which includes design, expresion, sign that identifies the product of a company from another, when an entrepreneur is starting a business , trademark is important because his/her product will be easier to identify by consumer and this helps business to grow faster. Example is the logo that Apple( apple shape with a bite) uses as trademark on all their products, swoosh logo that Nike uses on their products
4)trade secrets is an intangible property as well as intellectual property that is been protected by law it contains processes, design, information with inherent economic values that are not generally known by everyone, this is important to enterprenurer because trade secret helps the individual with the secret to sustain his/her business without been hijacked. Example of trade secret is the
secret formula for Coca-Cola which other soft drinks producer doesn't know.
Javier is the sole proprietor of a trampoline shop. During 2021, the following transactions occurred. For each transaction, what are the amount and nature of recognized gain or loss?Question Content Area
a. Unimproved land adjacent to the store was condemned by the city on February 1. The condemnation proceeds were $15,000. The land, acquired in 1988, had an allocable basis of $40,000. Javier has additional parking across the street and plans to use the condemnation proceeds to build his inventory.
Answers
Sole proprietor the basis must be subtracted from the proceeds in order to determine the recognized gain or loss: $15,000 (proceeds) minus $40,000 (base) is a negative amount of $25,000 Javier has a recognized loss of $25,000 as a result of the unimproved land being condemned.
As a sole proprietor, Javier must report recognized gains or losses on his transactions. In this case: a. The unimproved land adjacent to the store was condemned, and Javier received condemnation proceeds of $15,000. The land had an allocable basis of $40,000. To calculate the recognized gain or loss, subtract the basis from the proceeds: $15,000 (proceeds) - $40,000 (basis) = -$25,000 Javier has a recognized loss of $25,000 due to the condemnation of the unimproved land. He plans to use the proceeds to build his inventory for the trampoline shop.
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Human resources in the hospitality industry is responsible for ______
Answers
Answer:
keeping the customer healthy and safe and
Explanation:
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Q: Two employees who work in the same department are not getting along, and now it is hurting their performance at work. What do you do?
Answers
Encourage employees to work it out themselves.
Nip it in the bud quickly.
Listen to both sides.
Determine the real issue, together.
Consult your employee handbook.
Find a solution.
Write it up.
Answer: tell them to get along or your gonna get fired
Explanation:
Money you pay up front to reduce the amount you will owe is called a
A. fixed loan
B. late payment
C. down payment
D. short-term loan
Answers
Answer:
down payment
Explanation:
A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.
Answer:
down payment
Explanation:
examples of price discrimination include: instructions: in order to receive full credit, you must make a selection for each option. for correct answer(s), click the option once to place a check mark. for incorrect answer(s), click the option twice to empty the box. check all that apply seasonal price differences.unanswered student discounts.unanswered senior discounts.unanswered child discounts.unanswered different auto insurance rates.unanswered
Answers
Price discrimination is a common pricing strategy used by businesses to maximize profits by charging different prices to different customers. Examples of price discrimination include seasonal price differences, student discounts, senior discounts, child discounts, and different auto insurance rates.
Price discrimination is a pricing strategy used by businesses to charge different prices to different customers for the same product or service. This strategy is aimed at maximizing profits by charging higher prices to customers who are willing to pay more while charging lower prices to customers who are price-sensitive. Examples of price discrimination include:
1. Seasonal Price Differences: This is a common pricing strategy used by businesses to adjust their prices according to seasonal demand. For example, airlines often charge higher prices during peak travel seasons and lower prices during off-peak seasons.
2. Student Discounts: Many businesses offer discounts to students as they are often price-sensitive consumers. Examples of businesses that offer student discounts include movie theaters, restaurants, and clothing stores.
3. Senior Discounts: Similar to student discounts, senior citizens are often offered discounts by businesses as they are also price-sensitive consumers. Examples of businesses that offer senior discounts include grocery stores, pharmacies, and travel agencies.
4. Child Discounts: Businesses often offer discounts to families with children to attract their business. Examples of businesses that offer child discounts include amusement parks, museums, and movie theaters.
5. Different Auto Insurance Rates: Insurance companies often charge different rates to different customers based on factors such as age, gender, and driving history. For example, younger drivers are often charged higher insurance rates than older drivers.
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what is the difference between asymmetric information, adverse selection, and moral hazard? check all that apply asymmetric information is a synonym for adverse selection, but moral hazard is a type of principal-agent problem. moral hazard is about hidden actions when people don't bear the full cost of their actions. adverse selection and moral hazard are both types of asymmetric information problems. adverse selection is about hidden characteristics, usually before a transaction has taken place.
Answers
The difference between asymmetric information, adverse selection, and moral hazard is adverse selection and moral hazard are both types of asymmetric information problems.
What is Asymmetric information?Asymmetric information is when one of the parties in a transaction has more information than the other party in the transaction. The party with more information has an advantage over the party with less information.
Adverse selection is a consequence of asymmetric information when when either the buyer or the seller has more information about a product and uses this information to their advantage.
Moral Hazard is a consequence of asymmetric information when a party whose risk is insured acts in a different way than he would have acted if his risks were not insured.
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A business that runs a ski resort sees a sudden spike in demand for lift passes. Is the supply of slopes elastic or inelastic? Why?
Answers
Answer:
The supply of slopes at a ski resort is generally considered to be inelastic. This is because the number of slopes available at a ski resort is usually fixed in the short term and cannot be easily changed in response to changes in demand for lift passes. It takes a significant amount of time and investment to build new slopes or expand existing ones, which means that the supply of slopes cannot be quickly adjusted to match changes in demand.
As a result, when there is a sudden spike in demand for lift passes, the ski resort may not be able to increase the number of slopes available to meet that demand. Instead, they may have to ration lift passes or increase prices to manage demand and prevent overcrowding on the existing slopes. This means that the supply of slopes is relatively unresponsive to changes in demand, making it inelastic.
However, in the longer term, the supply of slopes at a ski resort may become more elastic as the resort invests in new infrastructure and expands its operations to meet growing demand. For example, the resort may build new slopes, invest in snow-making equipment, or expand its facilities to accommodate more skiers and snowboarders. These investments can increase the overall supply of slopes and make the resort more responsive to changes in demand over time.
If the price of your cell phone service increases from $70 to $105 over a period of one year and your income rises from $1,500 to $1,525, your nominal income has
Answers
Your nominal income has increased by $25.
Nominal income refers to the amount of money you earn in actual dollars, without adjusting for inflation or changes in the purchasing power of those dollars.
In this scenario, your income has gone up by $25, from $1,500 to $1,525. However, the increase in your cell phone service charges from $70 to $105 means that you now have less purchasing power with your income than you did before. This is because the cost of goods and services, including your cell phone service, has increased.
To account for changes in the purchasing power of your income, you would need to calculate your real income, which adjusts for inflation. If inflation were 2%, for example, your real income would only increase by $23.50 ($25 - 2% of $1,500) instead of $25.
In summary, while your nominal income has increased by $25, it is important to also consider the impact of inflation and changes in the cost of goods and services on your overall purchasing power.
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(e) Choose the gerund form of the verb from the following.
(1) swim (ii) swimmer (ii) swam
(iv) swimming
Answers
Answer:
I believe the answer is swimming. I apologize if it is not. I hope this helped a little.
If you are the buyer and your closing costs are 4% of the loan amount, how much will you pay if the loan amount is $200,000?
Answers
Answer:
$8,000
Explanation:
Closing costs are fees levied on mortgage takers. They are paid at the closing stages of a mortgage to cover the costs of transferring the title to the buyer and other expenses.
If the mortgage is $200,000 and closing costs at 4%, the actual amount to be paid as the closing cost will be,
= 4% of $200,000
=4/100 x $200,000
=0/04 x $200,000
=$8,000
can someone help with my accounting paper?
Answers
sure.. where is it? can u show?
Elise works in New York and developed a geothermal project that was opening in Atlanta. She noticed the project is due next week and is not complete. She had to quickly go to Atlanta to put the finishing touches on the project. Which qualifications are best being used by Elise to complete her job? O willingness to travel and mechanical knowledge O knowledge of geography and physical stamina O customer service and mechanical knowledge O stress management and willingness to travel
Answers
Answer: stress management and willingness to travel
Explanation:
Based on the scenario described in the question, Option A and C are both wrong as she doesn't need mechanical knowledge. Mechanical knowledge has to do with one's ability to be able to understand and use tools. She also doesn't need customer service as she isn't attending to customers or anyone.
Since she had to quickly go to Atlanta to put the finishing touches on the project, what she needs is her ability to manage stress and also her willingness to travel.
Answer:
D, Stress management and willingness to travel.
Explanation:
Edge 2020 <3
If the company estimates 4% of receivables to be uncollectible, the bad debt expense for 2022 would be: group of answer choices $4,720 $720 $4,000 $160 $4,800
Answers
If the Company estimates 4% of receivables to be uncollectible, the bad debt expense for 2022 would be $ 720 option B.
When a receivable is no longer recoverable as a result of a customer's inability to pay an existing debt owing to bankruptcy or other financial issues, a bad debt charge is recorded. Businesses that offer credit to their clients record bad debts as an allowance for doubtful accounts, sometimes referred to as a provision for credit losses, on their balance sheet.
A corporation records a credit to revenue and a debit to an account receivable when it completes a credit sale. There is no assurance that the business will get the money, which is the issue with this accounts receivable balance. A corporation can be entitled to money from a credit sale but never actually get it for any number of reasons.
Particulars Amount
Beginning balance of allowance for doubtful accounts $ 5,000
Less: Accounts written off $ -2,000
Add: Accounts reinstated $ 1,000
Unadjusted balance of allowance for doubtful accounts $ 4,000
Ending balance of allowance for doubtful accounts $ 4720
Less: Unadjusted balance of allowance for doubtful accounts $ -4000
Bad debts expense $720
Hence, the correct option is B $720.
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Complete question:
Use the following information to answer the next 3 questions: On January 1, 2022, a company's Accounts Receivable balance was $100,000, and the balance in the Allowance for Doubtful Accounts was a credit balance of $5,000. During 2022, the company recorded the following transactions: Credit Sales $130,000
Collections from customers $110,000
Accounts written-off $2.000
Collections on accounts previously written off $1,000
If the Company estimates 4% of receivables to be uncollectible, the bad debt expense for 2022 would be
A. $4,720 B. $720 C. $4,000 D. $160 E. $4,800
What are the two steps a producer can take to gain an absolute advantage? produce more goods. use high-quality resources. produce more expensive goods. use fewer resources. produce high-quality goods. use local resources.
Answers
Answer:
The correct answers are 1) produce more goods and 4) use fewer resources.
Explanation:
In the economic theory the definition of absolute advantage is the ability to produce as much of a product as possible while using few resources. On the other hand, comparative advantage is something that can help a producer sell a good at a low price which is attractive for customers while retaining good sale margins.
1. Produce more goods.
4. Use fewer resources.
how does inflation and deflation affect economic growth
Answers
Answer:
Inflation affects growth by changing the labor supply and demand, and thus reducing aggregate employment in the sector that is subject to increasing returns. The reduction in the level of employment will reduce the marginal productivity of capital.
If deflation is exacerbated, it can throw an economy into a deflationary spiral. This happens when price decreases lead to lower production levels, which, in turn, leads to lower wages, which leads to lower demand by businesses and consumers, which lead to further decreases in prices.
Choose the correct definition of purchasing power parity.
in the long run, a unit of currency can buy the same quantity of goods and services anywhere in the world.
in the long run, a unit of currency buys the same amount of a good for a poor person as a rich person.
the currency exchange rate between two nations will always gravitate toward 1 to 1.
the exchange rate from currency a into currency b is the reciprocal of the rate from b into a.
Answers
The correct definition of purchasing power parity is "in the long run, a unit of currency can buy the same quantity of goods and services anywhere in the world."
This means that if two countries have different currencies, but the same basket of goods and services costs the same in both countries, then the exchange rate between the currencies should adjust accordingly. Essentially, purchasing power parity suggests that exchange rates should reflect the relative purchasing power of each currency in its own domestic economy. However, it is important to note that in reality, exchange rates often deviate from this theory due to a variety of factors such as government policies, market speculation, and economic events.
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José works 30 hours each week. At the end of 6 months (26 weeks), he has made $31,200. How much does José make per hour? A. $40 B. $30 C. $23 D. $17
Answers
$40 José make per hour. Thus option A is correct.
What is work?Purpose and very well can be impacted by people's job experiences in a variety of ways. Work promotes personal growth, helps one attain key goals, generates good sentiments about accomplishments, and gives one's life shape and consistency.
In this the data that is presented is
The work which is done in a week is 30 hours.
He has worked for 6 months = 26 weeks
The total amount that is made is $31,200.
If the person worked for 30 hours per day for 26 weeks
then the total amount that he has received will be 30 * 26
= $780
The amount then received per hour will be = $31,200 / $780
= $40
The amount that is been made by Jose will be $40 for the work that he has done.
Therefore, option A is the correct option.
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What inventory method is used to account for automobiles, jewelry, and art objects?
a. FIFO
b. LIFO
c. average-cost method
d. specific identification method
Answers
The correct option: d. specific identification method, used as the inventory method in account for jewelry, automobiles, and art objects.
Explain about the specific identification method?When a business is able to recognise, identify, and track each product or unit through its inventory, this specific classification is practical and functional.
The precise identification technique refers to inventory valuation, notably maintaining track of each distinct item in stock and allocating expenses per item rather than as a group.When a business is able to recognise, mark, and keep track of each item every unit in its inventory, it is functional and useable.The main disadvantage of the particular identification approach is that it demands the ability to accurately and consistently identify each individual item in an organization's inventory, keep track of how much each item costs, and produce each item upon sale or the assurance of sale.Thus, specific identification method, used as the inventory method in account for jewelry, automobiles, and art objects.
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Which of the following must be
certified by the FAA to be hired at
airports?
A. Air-traffic controllers
B. CB radio operators
C. Police Dispatchers
Answers
That will be Air - traffic controllers
mark brainliest pls
Compare the sources of consumer credit travel and entertainment credit revolving check credit closed-end credit
Answers
Answer:
The source of consumer credit is credit obtained on services like banking, insurance and travel.
Explanation:
Source of consumer credit are savings, credit union, sales , life insurance and loans etc. Entertainment credit is a state provided naturla pension credit union its controlled by the members. Is a loan or a form of credit, where the fund is dispersed in full when the loan is closed and must be given back.which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? check all that apply. increasing taxes on income from savings providing tax breaks and patents for firms that pu
Answers
The policies consistent with the goal of increasing productivity and growth in developing countries are:
- providing tax breaks and patents for firms that innovate
Providing tax breaks and patents for firms that innovate encourages investment in research and development, which can lead to technological advancements and increased productivity. This policy promotes innovation-driven growth and incentivizes firms to invest in improving their processes, products, and services.
On the other hand, increasing taxes on income from savings can have a negative impact on productivity and growth. Higher taxes on savings reduce the incentive for individuals and businesses to save and invest, which can limit capital accumulation and hinder economic growth.
Therefore, out of the two options provided, only providing tax breaks and patents for firms that innovate is consistent with the goal of increasing productivity and growth in developing countries.
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