Answer:Danielle relies on summer earnings to fund her next year at the university. When she tried to get her old high school summer job back at local Cool Rags Clothier, she learned that the manager no longer hires college students during the summer months. Which of the following strategies do you recommend that Danielle pursue?Answer C
Answer:
Compound interest; interest.
Explanation:
Compound interest can be defined as the interest that the bank pays you on the principal plus on the interest that you earned the preceding year. Thus, it is simply calculated by adding an interest to the initial principal i.e compounding the interest rather than withdrawal.
Mathematically, compound interest is given by the formula;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
n is the number of times the interest is compounded in a year.
t is the number of years for the compound interest.
In the 1930s Canada decided to raise taxes on goods imported in the United States in retaliation for the high tariffs that were created by the Hawley-Smoot Tariff. The Hawley-Smoot Tariff raised tariffs on nearly 20,000 imported goods to the United States to extremely high levels. This policy was put in place in an effort to protect American jobs following the Great Depression, but instead closed the U.S. economy off to the global market most likely hurting the American economy further.
Answer:
I tried to order the information and prepared the following table:
Product A Product B Product C
Unit Selling Price = $650 $200 <u>e)$2,300</u>
Unit Variable Costs = $390 <u>c)$108</u> <u>f)$1,495</u>
Unit Contribution Margin = <u>a)$260</u> $92 $805
Contribution Margin Ratio = <u>b)40%</u> d)<u>46%</u> 35%
contribution margin ratio = (revenue - cogs) / revenue or
contribution margin ratio = contribution margin / revenue
Answer:
$1,500
Explanation:
Given the compounding formula 
And given an investment (P), made at 16% compounded annually (r), and an ending amount of $1,740 (A) at the end of the year (n = 1 year), the original amount invested (P) can be computed as follows.
= P = 1,740/1.16 = 1,500.
Therefore, the original investment was $1,500.
