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Mars2501 [29]
3 years ago
6

You deposit $3000 into an account which earns 5.1% interest per year, compounded annually. your friend simultaneously deposits $

2000 into an account which earns a yearly interest rate of 7.5% compounded continuously. after how many years will both accounts have the same amount of money?
Business
1 answer:
valina [46]3 years ago
6 0
3000 (1+0.051)^(t)=2000 e^(0.075t)
Solve for t using Google calculator
To get
T=16.05 years

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What is an example of what a business would write a check for​
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To pay in taxes, to purchase goods to make things if the business is a factory etc. hope this helps

Explanation:

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Which of the following scenarios would result in a decrease in the wage rate of solar panel installers and a decrease in the qua
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Wages of solar panel installers increase in another town and attract workers away from Billy's town.

Explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago
Betsy Strand’s regular hourly wage rate is $24, and she receives an hourly rate of $36 for work in excess of 40 hours. During a
melamori03 [73]
<h3>Betsy’s gross earnings for January period is $1,140 </h3><h3>Betsy’s net pay for January period is $966.79 </h3>

Explanation:

  • Betsy Strand’s regular hourly wage rate = $24
  • Betsy Strand’s hourly rate for work in excess of 40 hours = $36
  • Betsy works during a January pay period = 45 hours.
  • Betsy's pay for January period = $24 * 40 + $36 * 5
  • Betsy's pay for January period = $1,140

Betsy’s gross earnings for January period is $1,140

  • Betsy’s federal income tax withholding = $86
  • FICA tax rate  = 7.65%.
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  • Betsy’s FICA Taxes Payable = $87.21
  • Betsy’s net pay for January period = Gross earnings - Federal income tax withholding - FICA Taxes
  • Betsy’s net pay for January period = $1,140 - $86 - $87.21
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Betsy’s net pay for January period is $966.79

6 0
3 years ago
The difference between the actual cost incurred and the standard cost is called the?
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A Standard Cost Variance is a difference between the actual cost incurred and the standard cost against which it is measured.

The main difference between normal costing and standard costing is that normal costing uses actual costs for material and direct labor costs, whereas standard costing uses predefined costs for these two items. That's it.

This difference between standard cost and actual cost is called variance. An unfavorable variance occurs if the actual cost is higher than the standard.

The main difference between marginal costing and standard costing is that marginal cost is a subset of standard cost and standard is a superset of marginal costing. Description: Standard costing is a costing method and there are two types of costing methods.

Learn more about Standard Cost Variance here: brainly.com/question/25790358

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4 0
1 year ago
Sarah's house caught on fire. Through the prompt assistance of her neighbor Odessa, the fire was quickly extinguished. In gratit
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Answer:

To enforce this promise we need to analyse whether there has been any agreement or contract between Sarah and Odessa and whether the same can be enforced.

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In Sarah's case, her offer to gratuitously pay the neighbor for assisting in the house fire is not an enforceable contract. When the neighbor rushed to help in the fire, the offer to pay $1,000 had not yet been extended. When Sarah did extend the offer to pay $1,000, there was no consideration exchanged between both parties. The consideration, putting out the fire, had already occurred without the offer or acceptance of a contract.

Consider an alternate scenario. Sarah's house was on fire, and she could not wait for the fire department. She ran to her neighbor's house, begged for help, and offered $1,000 in exchange for neighbor's assistance. After hearing Sarah's plea, the neighbor agrees to assist in extinguishing the fire. This constitutes a contract; an offer, consideration, and acceptance.

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