Answer:
Q1. Selena would have earned <u>$25</u> in interest by the end of the year.
We calculate interest using the Simple Interest (SI) formula which is :
where
P = Principal or amount deposited
N = No. of years of deposit
R= Interest rate per annum
Substituting the values we have,
Q2. At the end of two years (eight quarters), the balance in the account will be <u>$866.28</u> . That means Suki will have earned <u>$66.28</u> in interest during that time.
We have
Amount deposited (P) = $800
Annual interest rate (i)= 4%
No. of compounding periods in a year (n)= 4
No. of years (t)= 2
We calculate amount at the end of two years with the following formula:
[tex]Compound interest = 866.2853645 - 800 = 66.2853645[/tex]
Q3. It will take <u>18 years</u> for the money to double to $100.
The rule of 72 is used for determining the time period in which an investment doubles itself. We use this rule by dividing 72 by the interest rate.
So,
Answer:
The correct answer is option a.
Explanation:
Productivity can be defined as a measure of the efficiency of a person, factory, machine, system, etc, to convert inputs into outputs. In other words, it is the rate of output per unit of input.
Productivity is an important determinant of living standards. A higher level of productivity means better living standards. This implies that growth in productivity is the key determinant of growth in living standards.
Answer: 26,325 hrs
Explanation:
We will use the Labor Efficiency Variance concept to calculate this question.
The formula for which is,
Labour Efficiency Variance = (Standard Direct Labour Hours allowed - Actual Direct Labour hours used) * Std Direct Labour Rate
where,
the Standard Direct Labour Hours allowed = Actual units produced * Standard Direct Labour Hours
Substituting figures that would be,
= 1300 x 20 = 26,000hrs
We have the Standard direct labor rate at $16
The Labor Efficiency Variance is 5,200 unfavourable meaning that it is negative = -5,200
Since we are solving for Actual Direct Labour hours used we will denote it, x
Substituting figures we have
-5200 = (26,000 - x) * 16
-5200 = 416,000 - 16x
16x = 416,000 + 5200
16x = 421,200
x = 26,325
The means that the Actual Direct Labour hours used was 26,325.
Answer:
This question is incomplete, it misses the options. The options are the following:
a. team
b. standing committee
c. permanent committee
d. task force
e. none of these
And the correct answer is the option D: task force.
Explanation:
To begin with, the concept of <em>''task force'' </em>involves the situation where a group of people is formed in order to achieve a certain goal the quicker as possible and then disbanded once that goal is complete. It is a concept that was introduced by the army of the United States and later adjusted to the working areas of the business world in order to work in pairs in a particular mission or task.
The answer is B hope this helps