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Gekata [30.6K]
3 years ago
9

A savings account earns 8.4% (APR) interest calculated monthly, paid into the account at the end of 6 months. Cooper deposits $2

00 into the account at the beginning of the first month. At the end of each month, he deposits an additional $100 into the account. How much interest will Cooper have earned after 6 months?
Business
1 answer:
anzhelika [568]3 years ago
5 0
Ive done it 4 defferent ways it keeps saying $50.40
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J has a whole life policy with a return of premium rider. Which of the following would best describe this rider?
mixas84 [53]

Answer:

The correct answer is:

A term rider on a permanent policy.

Explanation:

A return of premium rider refers to the case when the insured adds some additional clauses to the normal policy for an extra cost. A rider is obtained considering a specific period of time in which the policy would be paid to the beneficiaries in case of death, sickness or disability of the insured person. In case that the insured subject lives more than the pre-established period of time the amount that he paid for the return of premium rider would be given back to him. For example if J pays $50 monthly for a 30 years life term policy and he lives after that period of time, he will receive $18.000 at the end of the contract as a premium return.

4 0
3 years ago
In calculating a predetermined overhead rate, a recent trend in automated manufacturing operations is to choose an activity base
iragen [17]

Answer: c. machine hours.

Explanation:

In reference to Automated Operations, the Activity base that is usually used to in determining a pre-determined overhead rate are Machine hours.

It is standard practice to relate overhead to the Direct Labor involved in the production of a commodity and since in this case the direct Labor mostly consists of Machines (Automated) then it is best to relate activities to the Machine hours involved instead.

7 0
3 years ago
The lower of cost or market basis of valuing inventories is an example of
Mkey [24]

Answer:

C. conservatism

Explanation:

The lower of cost or market basis of valuing inventories is an example of conservatism. This term refers to trying to anticipate possible future losses, instead of gains and making certain decisions in order to limit those losses. Which some decisions may include lowering costs and/or prices in order to sell more and cover those potential losses.

4 0
3 years ago
Which organization does not provide free or loss cost training and counseling associated with the Small Business Association
xeze [42]

The organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD.

<h3>What is Small Business Association?</h3>

A Small Business Association are agencies that provides resources (like capital, skill, advice) to small businesses for innovation, growth etc

SCORE, VBOC and WBC are all agencies that provide free mentoring services, free training, loss-cost training, counseling etc

Hence, the organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD

Therefore, the Option A is correct.

Read more about Small Business Association

<em>brainly.com/question/2072884</em>

6 0
2 years ago
What is the difference between net worth and worth​
notka56 [123]

Answer:

I found this off of google, "People often get caught up in how much income they earn. This is because income is the primary source of creating wealth for individuals. ... Net worth is the value of all assets minus all liabilities at a given point in time."

Hope this helps, have a great day/night and stay safe! :) :D :3

7 0
2 years ago
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