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tensa zangetsu [6.8K]
4 years ago
11

Quick question please help

Business
1 answer:
SVETLANKA909090 [29]4 years ago
7 0
Pretty sure your bank will just keep charging interest. but every bank is different. You should call them up and ask how they do things.
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Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $1
masya89 [10]

Answer:

Amount deposit = $118,411.4 (Approx.)

Explanation:

Given:

Future amount = $150,000

Rate of interest = 6% compounds semiannual

Number of year = 4 year

Find:

Amount deposit

Computation:

Compounds semiannual

So,

Rate of interest = 6% / 2 = 0.03

Time taken = 4 x 2 = 8 times

So,

A = P[1+r]ⁿ

150,000 = p[1+0.03]⁸

150,000 = p[1.03]⁸

150,000 = p[1.26677]

p = 150,000 / 1.26677

p = 118,411.393

Amount deposit = $118,411.4 (Approx.)

4 0
3 years ago
What are taxes???????????
sladkih [1.3K]
Taxes are the money that the government give you to the last of the years for you work all the years
7 0
3 years ago
Read 2 more answers
Shore Company reports the following information regarding its production cost. Units produced 36,000 units Direct labor $ 31 per
Sedaia [141]

Answer:

$73.86 per unit

Explanation:

The computation of the cost per unit under the absorption costing is as follows

= Direct material per unit + Direct labor per unit + variable overhead per unit + fixed overhead per unit

where,

Variable overhead cost per unit

= $288,000 ÷ 36,000 units

= $8 per unit

And, the fixed overhead cost per unit is

= $102,920 ÷ 36,000 units

= $2.86 per unit

So the cost per unit is

= $32 + $31 + $8 + $2.86

= $73.86 per unit

3 0
3 years ago
When the government changes either its spending or tax policy to pursue economic objectives, it has changed its:___.
Debora [2.8K]

Answer:

A. fiscal policy. and C. monetary policy.

Explanation:

What is Fiscal Policy?

The government's use of taxes, spending, and transfer payment to promote economic growth and stability.

What is Monetary Policy?

The action the Fed takes to control the money supply and the rate of inflation in the economy.

8 0
3 years ago
A new aerated sewage lagoon is required in a small town. Earlier this year, one was built on a similar site in an adjacent city
zysi [14]

Answer:

value of new lagoon will be $4.05 million

Explanation:

We have given cost = $2.3 million

It is given that new lagoon will be 65% larger

So size of lagoon will be 1+0.65 =1.65

Sizing exponent for this project is given 1.13

So x = 1.13

New lagoon is given by New\ lagoon=cost\times size^x

So new lagoon will be equal to =2.3\times 1.65^{1.13}=2.3\times 1.76=4.05 $ million

So value of new lagoon will be $4.05 million

6 0
3 years ago
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