Answer:
1. 8.56%
2. 18.74%
3. 14.22%
4. 10.85%
Explanation:
Effective annual rate = (1 + periodic interest rate) ^m - 1
M = number of compounding per year
1. (1 + 0.083 / 4 ) ^ 4 - 1 = 0.085619 = 8.56%
2. ( 1 + 0.173 / 12)^ 12 - 1 = 0.187399 = 18.74%
3. (1 + 0.133 / 365)^ 365 - 1 = 0.1422 = 14.22%
4. For continuous compounding = e^r - 1
e = 2.7182818
e^0.103 - 1 = 0.108491 = 10.85%
I hope my answer helps you
Answer:
Donna Pierce
The unpaid balance is:
= $4,243.60.
Explanation:
a) Data and Calculations:
Cash discount on any amount paid within 10 days of the invoice = 2.5%
Sales value of Fabrics bought on January 28 by a client = $14,500
Check made by the client on February 1 = $10,000
Total amount paid through the check = $10,000/100-2.5%
= $10,000/0.975 = $10,256.40
Amount unpaid = $4,243.60 ($14,500 - $10,256.40)
Check:
2.5% discount on $10,256.40 = $256.40 ($10,256.40 * 2.5%)
Answer:
True
Explanation:
Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources
The question is looking at the effect of price on an industry. This is what microeconomics study
Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.
The answer is A, there are 6 career fields
The most common method used for training non-managerial employees is on the job training (OJT).
On-the-job training (OJT) is a hands-on approach to acquiring new competencies and skills required for work in a real work environment.
Often used to learn how to use a particular tool or equipment in a real work practice, simulation, or training environment.
Instead of showing employees presentations and handing out worksheets, employees learn about the job by doing it. This training takes place in the workplace under the direction of a supervisor, manager or other competent employee.
As part of the introduction phase, new employees will have a close look at all future work processes. They learn what to expect in the workplace, how to operate equipment, and other skills necessary to succeed on the job.
To know more about employees, visit:-
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