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hammer [34]
4 years ago
15

In the post-Reconstruction era most African-Americans in the South had little opportunity for economic advancement, and worked m

ainly as
Business
1 answer:
grin007 [14]4 years ago
6 0
<span>Overwhelmingly, blacks refused to work in gangs under the direction of an overseer and generally preferred renting land to working for wages. African American's took the opportunity of freedom to educate themselves, band together, and work towards a more equal and fair life for not only themselves, but also their families.</span>
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a personal account earmarked as a retirement supplement contains $292,200. suppose $250,000 is used to establish an annuity that
Hoochie [10]

Suppose $250,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $6000 at the end of each quarter. It will take about 120 quarters until the account balance reaches $0.

Amount invested (Present value) = $250000

Quarterly payment (At the end of each quarter) (P) = $4500

Interest Rate (Quarterly) (r) =  6% /4

= 1.5% = 0.015

A number of quarters (n) = ?

Future value at the end  = 0

Present value of Annuity formula:

Present value  = P × (1-(1+r))^{(-n)}  / r

250000 =  4500 × (1-((1+0.015))^{(-n)}  / 0.015

250000 =  300000 × (1-((1+0.015)}}^{(-n)}

250000 / 300000 = 1-(1+0.015)^{(-n)}

0.83333 = 1-(1.015)^{(-n)

n = 120

Hence is shall take 120 Quarters until the account balance is $0.

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3 0
1 year ago
Find the coefficient of variation (to the nearest tenth percent) of the following (1,2,3,4,5).​
katen-ka-za [31]

Answer:

52.7%

Explanation:

Coefficient of variation= \frac{standard deviation}{mean} times 100%

                                      = \frac{1.58113883}{3} times 100%

                                      = .5270462767 times 100%

                                      = 52.704627667

Which rounded to the nearest tenth percent is 52.7%

4 0
3 years ago
Read 2 more answers
Rida, Inc., a manufacturer in a seasonal industry, is preparing its direct materials budget for the second quarter. It plans pro
Ksivusya [100]

Answer:

Purchases (in pounds)= 92,550

Total cost= $16,936,650

Explanation:

Giving the following information:

Budgeted production:

2nd quarter= 248,000 units

3rd quarter= 60,500 units

Beginning inventory= 74,400 pounds

Each unit requires 0.60 pounds of raw material

Buying price= $183 per pound.

Desired ending inventory= 50% of next quarter’s budgeted materials.

To calculate the budgeted purchase of raw materials, we need to use the following formula:

Purchases= sales + desired ending inventory - beginning inventory

Purchases (in pounds)= (248,000*0.6) + (60,500*0.6)*0.5 - 74,400

Purchases (in pounds)= 148,800 + 18,150 - 74,400

Purchases (in pounds)= 92,550

Total cost= 92,550*183= $16,936,650

4 0
3 years ago
She has decided to use some of her profits to open a furniture store specializing in furniture made from sustainably sourced woo
marissa [1.9K]

This is an example of market development growth.

<h3>What is market development?</h3>
  • Market segmentation for existing products is identified and developed as part of a growth plan.
  • A development plan focuses on non-buying clients in the segments that are already targeted.
  • Additionally, it aims to reach fresh markets of clients.
<h3>What is custom?</h3>
  • A custom is a long-standing behavior of an individual or group (such as a daily routine) (such as a cultural practice).
  • When used as an adjective, custom designates something created to specific requirements, especially something distinctive.
  • Custom-made is a synonym for it.
<h3>What is market penetration?</h3>
  • When a product or service is successfully sold in a particular market, this is referred to as market penetration.
  • The sales volume of an existing good or service in relation to the overall target market for that good or service is used to measure it.
<h3>What is product development?</h3>
  • New product development in business and engineering refers to the entire process of launching a brand-new product, updating an already-available product, or launching a product in a new market.
  • Product design, along with many commercial factors, is a key component of NPD.
<h3>What is diversification?</h3>
  • Diversification in finance refers to the process of allocating capital in a way that limits exposure to any one specific asset or risk.
  • Investing in a variety of assets can help lower risk or volatility, which is a frequent step towards diversification.

Therefore, this is an example of market development growth.

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6 0
2 years ago
Compensation in the United States is governed by a number of laws that set boundaries for what companies can do. The rules gover
lesya [120]

Answer:

<h3>I don't know otherwise please marks me as brainliests..</h3>
7 0
3 years ago
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