1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sesenic [268]
3 years ago
7

Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. how much interest will he earn after one

year?
Business
1 answer:
prohojiy [21]3 years ago
7 0
Interest earned=2,500×0.04=100
You might be interested in
Your latest shipment of chicken has some items with usda stickers and some items with usda grade stamps. what is the difference
Ket [755]
USDA actually has several stickers/labels/stamps that could have different meanings. However, the sticker most likely indicates that the chicken has passed for inspection while the grading stamp means that the poultry processor also requested to have the quality of the chicken evaluated and graded.

The USDA has separate programs for the inspection and for the grading of meet. The former is mandatory and guarantees the wholesomeness of the meat. This means that the animal from which the meat was taken from is not diseased and that the meat is clean and fit for human consumption. Inspection programs are paid for by public funds. 

However, USDA also has a grading program, which is paid for by the meat processors. The grading program checks and classifies the meat according to its quality (e.g. flavor, juiciness, and tenderness). Poultry with a Grade A poultry for example is one which does not have "defects" such as feathers, discoloration and bruising. 
5 0
3 years ago
Read 2 more answers
The general increase in prices over time we pay for good and services is known as inflation. question 5 options: true false
Gala2k [10]

It is true that the general increase in prices over time we pay for goods and services is known as inflation.

<h3>What is inflation?</h3>

Inflation is the term used to describe an increase in the price of goods and services that households buy. It is determined by how quickly these prices fluctuate. Prices frequently rise with time, but they can also fall (a situation called deflation).

The main categories of inflation are as follows:

Demand-pull inflation: It explains how rising prices for products and services can result from increased demand. People will typically pay more for something if there is a shortage of it.

Cost-push inflation:  When demand-pull inflation is active, it frequently starts up. Businesses must raise their pricing as a result of rising raw material costs, regardless of market demand.

Built-in inflation: Employees may start requesting pay increases from their employers as demand-pull inflation and cost-push inflation take place. Employers risk experiencing a labor scarcity if they don't keep their pay competitive.

Built-in inflation occurs when a company increases employee wages or salaries while also trying to maintain profit margins by boosting prices.

To know more about inflation, visit:

brainly.com/question/28190771

#SPJ4

8 0
2 years ago
When your father was born 48 years ago, his grandparents deposited $250 in an account for him. Today, that account is worth $36,
ki77a [65]

Answer:

10.94%

Explanation:

Your father was born 48 years ago

His grandfather deposited $250 in an account for him

Today the money is worth $36,500

The annual rate of his return can be calculated as follows

= 36500/250 ×1/48= (1+r/100)

= 146^0.020833= (1+r/100)

= 1.1094-1

= 0.10940×100

= 10.94%

6 0
3 years ago
Participants receive all levels of a(n) __________ variable, but only one level of a(n) ____________ variable.
Dominik [7]
Independent; dependent
3 0
3 years ago
Harry has $4000 invested in two savings accounts. one account earns 6% interest per year, and the other pays 7% per year. if his
Gekata [30.6K]
0.07x+0.06 (4000-x)=264
Solve for x
X=2400 invested at 7%
8 0
3 years ago
Other questions:
  • A person who signs a check and leaves the dollar amount for someone else to fill in can recover from the bank whatever amount ex
    7·1 answer
  • Which of the following activities is not a component of the operating cycle?A)Sale of merchandiseB)Payment of employees' salarie
    5·1 answer
  • A Trek Cycles manufactures and sells bicycles to retailers. The X-1 model sells for $500 and has per-unit variable costs of $300
    12·1 answer
  • The sales budget for Modesto Corp. shows that 12,000 units of Product A and 14,000 units of Product B are going to be sold for p
    15·1 answer
  • Lucia's bank offers a savings account with 1.9% APR compounded monthly. What is the actual annual percentage yield on this accou
    7·1 answer
  • Which of the following is NOT a characteristic of long-run equilibrium for a perfectly competitive firm? Select one:
    11·1 answer
  • A college professor was overheard saying, "A management course teaches students about management, not to actually BE managers."
    8·1 answer
  • On January 1st, 2019, Pizza Company awarded 5 million of its no par common shares to key personal. The award is subject to forfe
    11·1 answer
  • A nightclub has several types of employees, each with a specialized task. Bartenders make drinks, bouncers check identification,
    10·1 answer
  • Which is an<br> irony associated with credit scores?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!