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solmaris [256]
4 years ago
6

Alejandro put some money in a 1-year cd that compounds interest monthly, and he made $56.24 in interest the first month. if the

interest rate of the cd stays the same, how much will he make in interest the second month?
Business
1 answer:
antiseptic1488 [7]4 years ago
8 0
 <span>Since it is compound interest, the interest for the next month WILL BE MORE THAN $56.24 </span>More than $56.24
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Answer:

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Explanation:

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In short, it is the permanent or temporary collection of the geographically dispersed groups, company, entire or individual units which ground on the electronic linking so that to complete the process of production.

So, in this case, the workgroup working on e-mail, phone and collaborative computing in order to complete the project. Therefore, it is an example of virtual organization or company.

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A credit card company claims that the mean credit card debt for individuals is greater than $ 5 comma 100. you want to test this
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4 years ago
The management of Krach Corporation would like to investigate the possibility of basing its predetermined overhead rate on activ
Effectus [21]

Answer:

<em>16,800 dollars.</em>

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= $1.4 per hour on machine.

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3 0
3 years ago
Read 2 more answers
What is the role of public administration​
rodikova [14]
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7 0
3 years ago
Willow Golf Course is planning for the coming golfing season. Investors would like to earn a 15% return on the company's $58,000
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Answer:

The operating profit is $4,800,000

Explanation:

We know that,

The operating profit would equal to

= Sales - variable cost - fixed expenses

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Variable cost = = Number of rounds of golf × selling price per unit

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                          = $10,200,000

And, the fixed expenses is $30,000,000

Now put these values to the above formula  

So, the value would equal to

= $45,000,000 - $10,200,000 - $30,000,000

= $4,800,000

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3 years ago
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