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PilotLPTM [1.2K]
3 years ago
7

Samuel has $20 and wants to buy a notebook. He buys the first one he finds, costing him $6. Evaluate Samuel's financial literacy

.
Business
1 answer:
stealth61 [152]3 years ago
8 0
Low financial literacy, because if he had a higher understanding of how choices work he would put a bit more effort into finding a lower-priced one, spending a bit more time as a trade-off for being able to spend more of his money later. 
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Why is the International System of Units (SI) used by scientists all over the world?
borishaifa [10]

Answer:

It allows scientists from disparate regions to use a single standard in communicating scientific data without vocabulary confusion.

Explanation:

8 0
3 years ago
You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye
lubasha [3.4K]

Answer:

Balance after 30 years = $151,018.50

Explanation:

In order to calculate this, we will calculate the future value on an amount invested, gaining interest over the years of investment, and this is given by:

FV = PV (1 + r)^{t}

where:

FV = future value

PV = present value

r = interest rate

t = time in years.

Hence the future value is calculated as follows:

1. For the first 10 years at 7% interest:

7% interest = 7/100 = 0.07

FV = 12,500 (1 + 0.07)^{10}

FV = 12,500 (1.07)^{10}\\FV = 12,500 * 1.967 = 24,589.392

2. For the last 20 years at 9.5%(0.095) interest:

Note that for the remaining 20 years, the present value (PV) used = 24,589.392, as ending balance after the first 10 years

FV = 24,589.392 (1 + 0.095)^{20}

FV = 24,589.392 (1.095)^{20}\\FV= 24,589.392 * 6.1416\\FV = 151,018.496

Total Future value earned = $151,018.50

5 0
3 years ago
Which job analysis method requires subject-matter experts to evaluate a job in terms of abilities required to perform the job
Alexxx [7]

Answer:

<em><u>Fleis</u></em><em><u>h</u></em><em><u>man</u></em><em><u> </u></em><em><u>Job </u></em><em><u>Analysis</u></em><em><u> </u></em><em><u>System</u></em>

Explanation:

<em>Fleishman Job Analysis </em><em>System.</em><em> </em><em>Job </em><em>analysis</em><em> </em><em>technique</em><em> </em><em>that </em><em>asks </em><em>subject</em><em>-</em><em>matter </em><em>expert</em><em>s</em><em> </em><em>to </em><em>evaluate</em><em> </em><em>a </em><em>job </em><em>in </em><em>t</em><em>erms </em><em>of </em><em>the </em><em>abilities</em><em> </em><em>required</em><em> </em><em>t</em><em>o </em><em>perform </em><em>the </em><em>job.</em><em> </em><em>-</em><em> </em><em>use</em><em>f</em><em>ul </em><em>for </em><em>employee </em><em>selection</em><em>,</em><em> </em><em>training</em><em>,</em><em> </em><em>and </em><em>car</em><em>e</em><em>er </em><em>development</em><em> </em><em>Competency.</em><em> </em><em> </em><em> </em>

5 0
2 years ago
At the high level of activity in November, 12000 machine hours were run and power costs were $20000. In April, a month of low ac
Salsk061 [2.6K]

Answer:

$6,500

Explanation:

For computing the estimated fixed cost, we have to determine the variable cost per hour which is shown below:

Variable cost per hour = (High power cost - low power cost) ÷ (High machine hours - low machine hours)

= ($20,000 - $11,000) ÷ (12,000 hours - 4,000 hours)

= $9,000 ÷ 8,000 hours

= $1.125

Now the fixed cost equal to

= High power cost - (High machine hours × Variable cost per hour)

= $20,000 - (12,000 hours × $1.125)

= $20,000 - $13,500

= $6,500

4 0
3 years ago
Companies HD and LD have the same tax rate, sales, total assets, and basic earnings power. Both companies have positive net inco
sukhopar [10]

Answer:

Company HD pays less in taxes

Explanation:

In the case when the company HD and LD have the similar rate of tax, sales revenue,  etc even both have favorable net incomes also the company Hd contains greater debt ratio due to which it has more interest expense so that means company hd would pay less taxes

Therefore the above represent the answer

and, this is the answer but the same is not provided in the given options

5 0
2 years ago
Read 2 more answers
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