Answer:
(a) annual compounding = 5.063 %
(b) monthly compounding = 4.949 %
(c) continuous compounding = 4.939 %
Explanation:
given data
interest rate = 5 % = 0.05
solution
we get here equivalent rate for annual compounding
equivalent rate is express as
= 1 + r
r = 1.025² - 1
r = 5.063 %
and
now we get equivalent rate for monthly compounding that is
=
solve it we get
r = 4.949 %
and
now we get equivalent rate for continuous compounding
=
solve it we get
r = 4.939 %
Answer:
True
Explanation:
Risk management culture is a generally acceptable set standards and attributes in the management and mitigation of risk. Supervisors have a core duty in ensuring availability of resources.
Answer:
c. 5.02
Explanation:
Q = KL
Wage rate = 10
Rental = 15
In the short run
K = 500
Such that
Output Q = 1500 = KL
1500 = 500L
L = 1500/500
L = 3
Then the total cost
= 10(3)+15(500)
= 30 + 7500
= 7530
The average total cost
= Total cost/output
= 7530/1500
= 5.02
In conclusion the short run average total cost of serving 1500 cups of coffee is 5.02. therefore option c is the answer to the question
I think the correct answer would be primary source. It is an account of an event created by someone who took part in or witnessed the event. It is also known as original source. It is any document, manuscript, diary, autobiography, artifact, recording or any source that was made at the time being studied. Examples are interviews, archives, photographs, letters, films and scrapbooks. When the data from these primary sources are obtained from other source wherein they are being analyzed and interpreted then these sources will be called as a secondary source. Examples are articles, books, magazines, surveys, internet resources.