Answer:
a. $173
Explanation:
The computation of the amount of interest earned in five years is shown below;
But before that following calculations need to be done
As we know that
Simple interest = Present value × rate of interest × time period
= $2,500 × 8% × 5
= $1,000
Now the future value is
Future value = Present value × (1 + rate of interest)^number of years
= $2,500 ×(1 + 8%)^5
= $2,500 × 1.4693280768
= $3,673
Now the compound interest is
Compound interest = Future value - Present value
= $3,673 - $2,500
= $1,173
Now interest on interest is
Interest on interest = Compound interest - Simple interest
= $1,173 - $1,000
= $173
The level which indicates the point of maximum economic efficiency IS THE LOWEST POINT ON AVERAGE COST CURVE.
The average cost curve is the curve that graphically represents the relationship between average cost by a company and the product produced. The point of maximum efficiency on the curve is the lowest point on the curve.
Answer:
see below
Explanation:
Other sources of job information are
<u>1. Trade or professional associations </u>
They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.
2<u>. Family and friends working in different organizations</u>
Close friends and relatives are an important source of information for vacancies existing in different workplaces.
<u>3. Educational institutions</u>
In some cases, employers share information on their available job opportunities with schools and colleges.
<u>4. Career or employment agencies</u>
Employment agencies have updated information on various labor requirements for different employers
Answer:
False
Explanation:
According to these philosophers, these integrated systems have lowered the cost of the products and this lower cost has enabled companies to quote lower prices to win greater revenues from increased number of sales.
