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2 years ago

The only way to decrease your lifestyle budget is by completely eliminating an item.

Business

1 answer:

uranmaximum [27]2 years ago

5 0

Answer:

everything just stop spending

Explanation:

if you dont buy things then as a result of abstaining from spending money you will result in having more money

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Cindy invests $3000 in a bond trust that pays 8% interest compounded semiannually. Her friend, Jimmy, invests $3000 in a certifi

Elanso [62]

Answer:

Cindy has more amount than Jimmy.

Explanation:

Amount invested by Cindy P = $3000

Annual rate of interest = 8%

As the amount is compounded semiannually

So rate of interest $=\frac{8}{2}=4%$ %

Time = 20 year

So time period n = 20×2 = 40

So amount own by Cindy $A=P(1+\frac{r}{100})^n$

$A=3000(1+\frac{4}{100})^{40}=14403.06$ $

Amount deposit by jimmy P = $3000

Annual rate of interest = 7.75 %

As the amount is compounded monthly

So rate of interest $r=\frac{7.75}{12}=0.322$ %

Time period = 20×12 = 240

So amount own by Jimmy $A=P(1+\frac{r}{100})^n$

$A=3000(1+\frac{0.322}{100})^{240}=6503.650$ $

From the calculation we can see that Cindy has more amount than Jimmy.

4 0

2 years ago

In reviewing the accounting records of the transportation services fund, an internal service fund of douglas city, you notice th

zubka84 [21]

The reason why the fund uses the budgetary accounts because it is most likely needed that the funding budget to be approved legally by the city council in order for the budget funds to be used by the members or people responsible of handling the budgets.

5 0

3 years ago

You are president of a large corporation. You have a team of experienced VPs. At a typical monthly meeting each of your vice pre

Delicious77 [7]

Answer:

Situational Leadership Model (SLM), which leadership style should you exhibit at the next meeting?

Style 4. Delegating

Explanation:

Situational Leadership is based on the relationship between leaders and followers and serves as a framework to analyze each situation.

Situational Leadership: Delegating

Delegating: When you create a follower who feels fully empowered and competent enough to take the ball and run with it, with minimal supervision. The follower is highly competent, highly committed, motivated, and empowered.

4 0

3 years ago

When deciding whether a business concept is

Ivanshal [37]

Answer:

no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no

4 0

3 years ago

1046.01-1027.28A 3.25 percent Treasury bond is quoted at a price of 99.04. The bond pays interest semiannually. What is the curr

katen-ka-za [31]

Answer:

3.28%

Explanation:

Current yield = Annual Coupon payment / Market price of the bond

Annual Coupon payment = 3.25% of face value = 3.25% * $100

= $3.25 "value is assumed at $100"

Market price of the bond = $99.04

Therefore , Current yield = $3.25 / $99.04

= 0.03281

= 3.28%

4 0

3 years ago