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goblinko [34]
3 years ago
5

Ten years ago you put $150000.00 into an interest earning account. Today it's worth $275000. What is the effective annual intere

st earned on the account
Business
1 answer:
Nikolay [14]3 years ago
3 0

Answer:

the effective annual interest earned on the account is 6.25%.

Explanation:

The effective annual interest earned on the account can be calculated as follows :

PV = - $150,000

N = 10

PMT = $0

P/yr = 1

FV = $275,000

R = ?

Using a Financial calculator, the  effective annual interest, R, earned on the account will be : 6.2488 or 6.25%.

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Assume that the economy is in a recession and there is a budget deficit. A strict balanced-budget rule that would require the Fe
sukhopar [10]

Answer:

Contractionary and worsen the effects of the recession

Explanation:

Given that during the period of the recession of a given economy, there is a decrease in revenue and inversely, there is an increase in expenditures, this situation will consequently lead to a deficit. Therefore, for a Federal government to balance the budget, it will have to increase additional revenue and at the same time reduces expenditures.

However, in this case, this would be contractionary and worsen the effects of the recession

8 0
3 years ago
Help would be appreciated please :)
jolli1 [7]
I want to say c? i’m not sure :(
4 0
3 years ago
Read 2 more answers
The division of activities into unit-level, batch-level, product-sustaining level, and facility-level categories is commonly kno
ICE Princess25 [194]

Answer:

C) hierarchy.

Explanation:

A unit level cost is a cost incurred every time one unit is produced, e.g. a bottle.

A batch level cost is a cost related to a group or batch of units produced, e.g. a box containing 20 units.

A product sustaining level cost is a cost related to the activities undertaken to support an individual type of product, e.g. software updates.

A facility level cost is a cost incurred in order to maintain a productive facility working, e.g. lighting and cleaning costs.

7 0
3 years ago
What is the direct labor efficiency/quantity variance for november? group of answer choices $1,800 $1,900 $2,000 $2,090 $2,200
enot [183]

The direct labor efficiency/quantity variance for November of $1,800.

The labor efficiency variance focuses on the number of labor hours used in production. It is defined as the difference between the actual number of direct labor hours worked and budgeted direct labor hours that should have been worked based on the standards.

Labor efficiency variance equals the number of direct labor hours you budget for a period minus the actual hours your employees worked, times the standard hourly labor rate.

For example, assume your small business budgets 410 labor hours for a month and that your employees work 400 actual labor hours.

Learn more about Labor efficiency here: brainly.com/question/15418098

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5 0
1 year ago
A local radio commercial costs $600 and reaches an estimated 10,250 listeners. A local cable commercial costs $1000 and reaches
erik [133]

Answer:

b. The cable commercial

Explanation:

CPM or cost per mille is a measure used in advertising to determine how effectively a promotional message is getting to its audience. It is the cost of getting an advert in front of 1,000 people.

In this scenario when we calculate CPM for the radio station

$600 = 10,250 listeners

x= 1,000 listeners

Cross multiply

x= (600 * 1,000) ÷ 10,250 = $58.54

For the local cable commercial

$1000 = 18,500 viewers

y = 1,000 viewers

Cross multiply

y= (1,000 * 1,000) ÷ 18,500= $54.05

6 0
3 years ago
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