The value of the account when the granddaughter reaches her 13th birthday will be $2720
Compound interest is interest that builds up over a set length of time on both principal and interest. The principal is also used to account for the interest that has accrued on a principal over time. Furthermore, the accumulated principal value is used to calculate interest for the subsequent period.
Principal amount invested = $1000
Rate of return = 8% per year
Time = 13 years
Using the formula we get the following:
A = P(1+r/100)^n
where A = amount
P = principal amount invested
r = rate of return
n = time in years
Substituting the values in the formula we get:
A = 1000(1+8/100)^13
= $2719.62 or $2720
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Answer:
The Sampling Bias
Explanation:
Here in this question, the owner is only getting information about the customers which are coming to the mall on weekdays only while neglecting the response which could have been received on weekends.
Therefore this can be termed as a <em>Sampling Bias. </em><em>The perfect way to go after this question is to ask the customers which are coming to the mall on weekends as well as weekdays, throughout the day.</em>
<em>Hope this helps. Good luck.</em>
Answer:
The following sets of percentages would be used to calculate the correct number of equivalent units in the ending work-in-process inventory:
D. Materials, 100%; conversion cost, 60%.
Explanation:
<em>The above is actually the best option which would be used to calculate the correct number of equivalent units in the ending work-in-process inventory.</em>
OD they are able to use a franchiser proven
An organizational hero is a person whose achievements embody the principles of the organization and are put forward to motivate other employees.
Within the context of organizational settings, organizational heroes are those individuals who are admired for their accomplishments and qulaities. They are hard-working and talented people with sheer,strenght, knowledge, and will. The organization's heroes work for long hours to complete the job tasks because other employees in the organization do not possess the required experience, knowledge, or skill to perform the tasks.
The organizational heroes are highly engaged and goal-driven people who inspire other employees to be more engaged and productive. Organizational heroes are critical to the success of the organizations more often in cases when the organizations are dealing with restructuring.
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