Answer:
A(1) Future value of annual deposit = $4,345.97
A(2) Future value of semiannual deposit = $4,466.71
A(3) Future value of quarterly deposit = $4,530.15
B. The more frequent deposits and compounding of interest are, the higher the future value of an annuity of an annuity will be.
Explanation:
A(1). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (1) $300 is deposited annually and the credit union pays interest annually.
These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:
FVA = P * (((1 + r)^n - 1) / r) ................................. (1)
Where,
FVA = Future value of the annual deposit = ?
P = Annual deposit = $300
r = Annual interest rate = 8%, or 0.08
n = number of years = 10
Substituting the values into equation (1), we have:
FVA = $300 * (((1 + 0.08)^10 - 1) / 0.08)
FVA = $4,345.97
A(2). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (2) $150 is deposited semiannually and the credit union pays interest semiannually.
These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:
FVS = P * (((1 + r)^n - 1) / r) ................................. (2)
Where,
FVS = Future value of the semiannual deposit = ?
P = Semiannual deposit = $150
r = Semiannual interest rate = 8% / 2 = 0.08 / 2 = 0.04
n = number of semiannual = 10 * 2 = 20
Substituting the values into equation (2), we have:
FVS = $150 * (((1 + 0.04)^20 - 1) / 0.04)
FVS = $4,466.71
A(3). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (3) $75 is deposited quarterly and the credit union pays interest quarterly.
These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:
FVQ = P * (((1 + r)^n - 1) / r) ................................. (3)
Where,
FVQ = Future value of the semiannual deposit = ?
P = Quarterly deposit = $75
r = Quarterly interest rate = 8% / 4 = 0.08 / 4 = 0.02
n = number of quarters = 10 * 4 = 40
Substituting the values into equation (3), we have:
FVQ = $75 * (((1 + 0.02)^40 - 1) / 0.02)
FVQ = $4,530.15
B. Use your finding in part a to discuss the effect of more frequent deposits and compounding of interest on the future value of an annuity.
Since the future value of quarterly deposit of $4,530.15 is greater than the future value of semiannual deposit of $4,466.71 which on its own is also greater than the future value of annual deposit of $4,345.97, this implies that the more frequent deposits and compounding of interest are, the higher the future value of an annuity will be.
MATCH EACH TERM WITH EACH DEFINITION
Credit report
Grace period
Secured card
Annual percentage rate
1. The amount of interest paid on a unpaid balance
2. Number of days to run a balance before fees or interest are charged
3.A credit card with money in a savings account to act as collateral
4. A listing of a persons financial information and history
Answer:
grace period = 2
credit report= 4
secured card = 3
annual percentage rate = 1
Answer:
annual percentage ; the amount of interest charged on unpaid balances
grace paid ; number of days to run a balance before fees or interest are charged.
balance transfer ; the movement of money owed on one credit card to another credit card.
credit report ; listing of a person's financial information and history.
Explanation:
ap3x correct
What is more important: everyone doing their part or the leader doing it all? Why? (Take your time)
Answer:
Doing their part
Explanation:
People need to always help out and never relie on sombody doing it for the,even if tht was the case they would never get the satisfaction of knowing they helpped partake in something (exuse me bad spelling)
ntex Ltd. issued 10,000, 10% Debentures of Rs.100 each at a premium of
10%, full amount being payable along with application. Applications were
received for the debentures issued and allotment was made. Pass the journal
entries.
Answer:
1. When the application money is reieved, Debit Bank for Rs.1,100,000; and Credit Debentures Application and Allotment a/c for Rs.1,100,000,
2. To transfer of application money along with premium on debentures allotted to the debentures account, Debit Debentures Application and Allotment a/c for Rs.1,100,000; Debit Debenture a/c for Rs.1,000,000; and Credit Security Premium Reserve a/c for Rs.100,000.
Explanation:
Since allotment were made, it implies the accounts for application and allotment can be combined. Therefore, the journal entries will look as follows:
Accounts Title Dr (Rs.) Cr (Rs.)
Bank (w.1) 1,100,000
Debentures Application and Allotment a/c 1,100,000
(To record the amount received from debenture application with the premium)
Debentures Application and Allotment a/c 1,100,000
Debenture a/c (w.2) 1,000,000
Security Premium Reserve a/c (w.3) 100,000
(To record the transfer of application money along with premium on debentures allotted to the debentures account)
Working:
w.1: Bank = (Units of debentures * Unit price) * (1 + Premium rate) = (10,000 * Rs.100) * (1 + 10%) = Rs. 1,100,000
w.2. Debenture = Units of debentures * Unit price = 10,000 * Rs.100 = Rs.1,000,000
w.3 Security Premium Reserve = Debenture * Premium rate = Rs.1,000,000 * 10% = Rs.100,000
Please help I will mark you as brainliest !!
Identify the type of business described in the following scenarios: a) Rosa and Miranda own a food truck together. They make business decisions
together and share all profits and liability. What type of business do they run?
b) The company Healthy Living comes up with an idea for a smoothie shop called
Smoothie Sensations. The company wants to have multiple shops across the United
States and decides to sell the right to use its brand name and product to others who
will open these shops. What type of business is Smoothie Sensations?
Answer:
Part a.
Rosa and Miranda are running a Partnership
Part b.
Smoothie Sensations is a Franchisor
Explanation:
Partnership
The Partnership Act of 1890 defines a partnership as a relationship which exists between persons carrying on business in common with a view of profit. Common characteristic of a Partnership include an agreement by partners to each subscribe an amount of capital in the business and the sharing of profits and loses of the business. Rosa and Miranda are in a Partnership business as they take up most of the characters of this business.
Franchisor
A Franchisor is an original and existing business which sells the right to open stores, and sell products or services using its brand, expertise and intellectual property. This is a strategy used by many businesses to grow externally or market themselves. Smoothie Sensations decides to sell the right to use its brand name and product to others who will open these shops, thus it is running a franchise.
A company sells machinery at book value. What impact does this have on the
company's net income on the income statement?
A. It is increased by the sale amount.
B. It is decreased by the sale amount.
C. It is not changed.
D. It equals the sale amount.
Answer: C. It is not charged.
Explanation: Ap3x
(PLS HELP ASAP) Davon holds a degree in sports medicine. Which company might be interested in hiring Davon?
Question 3 options:
A- A traveling soccer league looking for an athletic trainer
B- A women's clinic needing sonogram technicians
C- A lab looking for someone to file their DNA analyzer
D- A grocery store looking for a pharmacist
Answer:
I think it would be answer A.!
Explanation:
Hope this helps please let me know if its correct or not?! :)
Davon might be hired by a touring soccer league searching for an athletic trainee. As a result, choice (A) is the correct reaction.
What is sports medicine?Sports medicine is a subspecialty of medicine that addresses physical fitness as well as the diagnosis, mitigation, and prevention of sports- and exercise-related injuries. Although the majority of sports organizations have long had team physicians on staff, sports medicine has only recently become recognized as a separate area of medicine. Sports medicine is a known medical specialty in various nations.
Sports medicine is a physician (non-surgical) specialty in the vast majority of nations where it is recognized and practiced, but in some (like the USA), it can also be a surgical or non-surgical medical specialty and a specialized area within primary care.
Therefore, option (A) is the accurate answer.
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What is one way to reduce poor communication?
O know everything about your communication style
O Ignore communication styles altogether
O Learn to flex to other communication styles
O Learn to flex to one other communication style
Answer:
B.
Learn to flex to one other communication style
Explanation:
Trust
One way to reduce poor communication is to learn to flex to other communication styles. This involves adapting and adjusting your communication approach to better align with the preferences and needs of others, promoting better understanding and effective communication. Therefore, option C is correct.
Poor communication can be addressed by implementing several strategies.
First, active listening plays a vital role in effective communication. It involves giving full attention to the speaker, seeking clarification, and providing feedback to ensure mutual understanding. Second, clear and concise messaging is essential, avoiding jargon and using language appropriate for the audience. Additionally, promoting open and transparent communication channels, encouraging feedback and questions, and fostering a culture of respect and empathy can help overcome barriers and improve overall communication. Lastly, providing communication training and resources to individuals and teams can enhance their communication skills and promote effective interactions.Learn more about poor communication here:
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suppose the national bank of commerce has excess reserves of 8000 and outstanding checkable deposits and 150000 if the reserve ratio is 20 percent, what is the size of the banks actual reserves
Answer:
the size of the banks actual reserves is $38,000
Explanation:
The computation the size of the bank actual reserve is shown below:
But before that the required reserve is
= Reserve ratio × checkable deposit
= 20% × 150,000
= $30,000
Now the actual reserve is
= Required reserve + excess reserve
= $30,000 + $8,000
= $38,000
Hence, the size of the banks actual reserves is $38,000
How do I pay taxes once I turn 18?
Answer:
ask your mother
Explanation:
ask your mother:)
guidance and discipline strategies in emergency child care setting should ?
a. be individualized for each child
c. be consistent for each child
d. teach children acceptable behavior
e. teach children self control
f. all of above
Economic responsibility is the ___________ responsibility of a business enterprise as it relates to production of goods and services according to the needs and wants of the society.Immersive Reader
(1 Point)
Sole
Primary
Secondary
Last
Answer:
primary
Explanation:
as it relates to the prime factors of business and means of production
According to O‘NET, what are the three
most common levels of education required for Biomedical Engineers? Check all that apply.
master's degree
some college, no degree
associate degree
bachelor's degree
high school diploma or its equivalent
doctoral or professional degree
Answer:
doctoral or professional degree
bachelor’s degree
master’s degree
Explanation:
According to O‘NET, the three most common levels of education required for Biomedical Engineers are master's degree, bachelor's degree, doctoral or professional degree. Thus option (a), (d) and (f) are correct.
What is Education?The education is a discipline that is concerned with methods of teaching and learning in schools or school-like environments as opposed to various non-formal and informal means of socialization (e.g., rural development projects and education through parent-child relationships).
Education can be thought of as the transmission of the values and accumulated knowledge of a society. In this sense, it is equivalent to what social scientists term socialization or enculturation.
The education is designed to guide them in learning a culture, molding their behavior in the ways of adulthood, and directing them toward their eventual role in society.
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"modern technology is developed from traditional technology".Explain
Answer:
We use various tools that we have adopted from early times. This can include the wheel, a very small example but a point proving one. It was a very old technological development, much to do with machinery though now we still use it in more advanced ways like the wheels of an aeroplane. Another technology development with meaning are computers. Earlier huge computers were used but when we see today they are more advanced in speed, accessibility and performance. Calculations were extremely hard to perform on earlier computers but when we see the much advanced laptop or p.c it is not very evident. Hope this helps you!
Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
The additional $600 unemployment benefit ended on July 25, 2020. Even with the $300 Lost Wages Assistance Benefit, many Texans are being evicted from their homes and cannot provide basic necessities for their family. The unemployment rate is now over 7% in Texas, above our natural rate of unemployment. Did the government make the right decision with ending the extra $600 unemployment benefit from the CARES Act? Why or why not? Explain your position.
Answer: No they did not at this rate many of the citizens will go bankrupt and the economy will suffer a great lost do to the increase of the unemployment rate
Explanation:
The advertising industry was worth how much money in 1920?
$3,000
$300,0000
$3,000,000,000
$300,000,000
Answer:
3,000,000,000
Explanation:
let me now if I'm wrong
When you want to add records to a database, which view should you have open?
O design view
O query view
O datasheet (table) view
O data entry form view
Answer:
the answer is d
Explanation:
Modulation requires a change of key for a whole piece of music.
TRUE or FALSE
Answer:
TRUE! HOPE THIS HELPS! :)
Explanation:
Answer:
FALSE is the answer
Explanation:
Today, music in the western world focuses on the pentatonic and whole-tone scales.
True or False.
Answer:
False
Explanation:
Please help. I will mark you as brainliest !!!
Compare economic strategies by filling in the chart.
When a bank says their savings account earns 1% interest, that typically means you will earn 1% interest over what period of
time (Note: this is not referring to the compounding frequency or frequency of interest payment)?
Answer:
one year
Explanation:
The interest rate quoted by banks and other financial institutions applies for one year. Money deposited will earn the interest rate quoted if it stays with the bank for twelve consecutive months. In other words, the interest rate is for one year. Should a customer withdraw before one year is over, the bank will prorate the interest earned.
What steps will add a totals row to a database? Use the drop-down menus to complete them.
1. In the Home tab, go to the Records group.
2. Click the
button and a totals row will be added to the
of the database.
3. In each column of the totals row, select the formula for the row to calculate.
4. For a count total of how many records qualify, select
.
5. For a total amount in currency column, select
.
Answer:
1)Totals
2)Bottom
3)Count
4)Sum
Explanation:
I did it on Edg
HELP A GURL OUT! Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?
PLZ ANSWER I NEED HELP!!!
Answer:
Decline the offer
Explanation:
I would most likely decline the offer. The fact that he is selling for higher but is willing to go 10% proves the meat isn’t worth the more money. I would stick with my current supplier. Unless there is a significant difference between the meats, there is no reason for him to be selling it any higher than his competitors and the fact that he is offering a discount proves that.
A company is considering building a new factory, which department is most likely going to be in charge of evaluating options to pay for the project and determine if it is a good investment or not?
Answer:
Explanation:
Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.
For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.
Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.
differentiate between primary and secondary wants
Answer:
Difference between primary needs and secondary needs: Primary needs: The primary needs are the basic requirements according to biological demands like oxygen for breathing, water for overcoming thirst, food for living and shelter. The secondary needs are the needs that remain even after the primary needs are satisfied
1. How much money must you set aside at age 20 to accumulate retirement funds of
$100,000 at age 65, assuming a rate of interest of 7 percent?
Answer:
$4,762.00
Explanation:
The applicable formula is the formula for calculating future values.
Fv= P( I+ r )^ n
where Fv= $100,000
p= principal amount
r= interest rate : 7% or 0.07
n= time or number of period : 65 years - 20 year
$100,000= p x ( 1+0.07)^45
$100,000= p x (1.07)^45
$100,000 = p21.00245
p=$100,000/21.00245
p=$4,761.904
Principal = $ 4,762.00
What are some benefits of working together in a team? (Take your time)
Which situation describes a monopoly market structure?
A. Many different vendors sell the same few T-shirt designs to fans at
a concert.
B. Solar panels are only available from two companies operating in a
country
C. A lot of new Chinese restaurants open in an area with a growing
Chinese population
D. One company builds and sells all of the cars available in a
developing country.
Answer:
D. One company builds and sells all of the cars available in a
developing country. That if so gives the one company a monopoly, because there is only one company supplying that service.
Sam received $10.50 in interest after placing money in his bank. if the account paid 4% in simple interest and he only left it in the account for 9 years, what is the principal?
Answer:
$29.166
Explanation:
I = p x r x t
Where I= Interest: $10.50
P= principal amount: ????
r= interest rates: 4% or 0.04
t= time in years: 9
Therefore;
$10.50 = P x 0.04 x 9
$10.50 = P0.36
P=$10.50/0.36
P=29.166
Principal = $29.166
choose ONE of the following home-based activities in which family members can work together as a unit and explain TWO ways in which the involvement of the children in the chosen activity can prepare them for the world of work.
While parents, family, and community members may assume specific roles as they become involved in the education of children, for example as volunteers in the classroom (see Epstein and Connors' typology, 1993), a synthesis of the literature reveals three overarching roles that are created in the development and implementation of parent and community involvement programs (Lyons, Robbins and Smith, l983; Lynn, l994). Each of these roles is actualized in very different ways in relationships in classrooms, schools, and school districts:
Parents as the primary resource in the education of their children is best exemplified in home learning. Home learning is the activity, or set of activities, that parents and family members may engage in to help their children succeed academically. This partnership role between parents and/or family members and schools may have the greatest impact on achievement.
Parents and community members as supporters and advocates for the education of their children is facilitated through site-based school restructuring. Restructuring schools to create parent and community partnerships with schools focuses on organizational structure. Changing activities; creating new relationships between parents, families, communities, and schools; and implementing innovative strategies are ways that schools can restructure to facilitate parent and community involvement in this role.
Parents and community members as participants in the education of all children incorporates a broader vision in the partnership between schools and the populations they serve. Districtwide programs provide the vehicle for parents and community members to be involved in roles that reach beyond the immediate impact of an individual child to the impact on all children in the district.