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Greeley [361]
2 years ago
8

Suppose that the following group of values has been entered into the TVM

Business
1 answer:
Nezavi [6.7K]2 years ago
5 0

The bal() function that is going to balance the loan after a period of 9 years would be  A. bal(108)

<h3>How to solve for the bal() function</h3>

The question tells us that the loan balance would be calculated after the period of 9 years.

We have 12 months yearly in all of these 9 years.

Hence the function would be bal(12*9)

= bal(108)

Read more on functions here:

brainly.com/question/25638609

#SPJ1

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You put $10000 in an account earning 5%. After 3 years, you make another deposit into the same account. Four years later (7 year
ikadub [295]

Answer:

money deposited after end of 3rd year is $4877.75  

Explanation:

given data

initial amount  = $10000

rate = 5%

time = 3 year

after 7 year account balance = $20000

solution

we consider here money deposited after end of 3rd year is = x

first we get here compounded amount after 3 years as

compounded amount = initial amount × (1+r)^{t}    ................1

compounded amount = 10000 × (1+0.05)^{3}

compounded amount = $11576.25

so at 7 year account balance is

account balance = ( compounded amount + x )  × (1+r)^{t} ....................2

$20000  = ( $11576.25 + x ) × (1+0.5)^{4}  

solve it we get

x =  $4877.75  

so money deposited after end of 3rd year is $4877.75  

7 0
3 years ago
Which california governor was instrumental in changing the executive bureaucracy from a spoils system to a merit system?
WINSTONCH [101]

Republican Governor Hiram Johnson was the California governor who was instrumental in changing the executive bureaucracy from a spoils system to a merit system.

A spoils system refers to a system of patronage in which the victorious candidate or party in an election gives public offices to their supporters as reward and incentive.

It was a common phenomenon in the United States, until a civil service reform movement led to passage of the Pendleton Act of 1883, which instituted merit-based appointments to offices at the federal level.

Hiram Johnson was a former Governor of California between 1917 to 1945. He was credited with many progressive reforms, among which was ensuring the executive bureaucracy operated on the basis of merit and not political patronage.

To learn more about Hiram Johnson: brainly.com/question/8407551

#SPJ4

5 0
2 years ago
Ben is a self-employed accountant who works overtime during the first two weeks of April to finish his clients' tax forms before
eduard

Answer:

<u>Elevated blood cholesterol level.</u>

Explanation:

Ben is more likely to show a elevated blood cholesterol level, as his overwork regime most often causes a sedentary lifestyle and poor diet.

Cholesterol is a lipid found naturally in the human body and is responsible for being the structural component of membranes throughout the body, it is used to produce vitamin D, hormones and bile acids for the digestion of fat. The liver makes 70% of cholesterol and the other 30% comes from the diet.

When it is above the recommended level, cholesterol can accumulate on the walls of the arteries and cause various heart diseases, such as angina, heart attack and stroke.

Therefore, to maintain blood cholesterol levels, it is necessary to adopt a healthy and balanced diet, in addition to the practice of physical exercises.

4 0
3 years ago
Assume Countries A, B, and C produce goods that are substitutes of each other and that these countries engage in trade with each
sveticcg [70]

Answer:

The answer is: C) decrease; increase

Explanation:

Currency appreciation occurs when the value of one currency increases in relation to another currency. In this case, country A´s currency will gain value against the currency of countries B and C (C´s currency is pegged to B´s currency).

This means that products from country A will be more expensive than products from countries B and C, which should lower country A´s exports and increase its imports.

6 0
3 years ago
Under the laws of agency, partners of a CPA firm may be liable for the work of others on whom they rely. This would not include:
irga5000 [103]

Answer: employees of the audit client.

Explanation:

The options to the question are:

A. employees of the CPA firm.

B) employees of the audit client.

C) other CPA firms engaged to do part of the audit work.

D) specialists employed by the CPA firm to provide technical advice on the audit.

Agency law simply means the agent-principal relationships which is a relationship whereby one party has a legal authority to act and represent the other party.

Based on the above question, the partners of CPA firm are liable for the work of the firm that they are representing. In this case, they'll be liable for the employees of the CPA firm, other CPA firms engaged to do part of the audit work and the specialists employed by the CPA firm to provide technical advice on the audit.

Therefore, the employees of the audit client is not part of the people that them. Hence, this is the answer.

6 0
3 years ago
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