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aev [14]
2 years ago
9

If the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year

to earn enough interest to cover a single $9.99 Below-Minimum-Balance Fee?
A. $55,555
B. $55
C. $555
D. $5,555
Business
1 answer:
d1i1m1o1n [39]2 years ago
7 0
The answer to this question would be: <span>A. $55,555
</span>In this question, the interest rate is 0.018% and you need to have $9.99 interest. That mean, you need to divide the target interest value with the current interest rate. The equation should be:

interest = bank account * interest rate
$9.99 = bank account * 0.018%
bank account = $9.99/ 0.018%   (don't forget the % mean 1/100)
bank account = $55,500

If we assume that the $9.99 value is $9.99... then the answer would be $55,555
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3 years ago
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Answer:

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Explanation:

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This is the importance of the culture of a company. The series of values, principles, mission, and vision that characterizes and makes the company unique. Every single employee in the company shares these values and can be transmitted through time to new workers. "Parker Legends" is a tradition that is respected and is part of the organization's DNA.

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3 years ago
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Answer:

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labor 5 hours x 14 per hour = $    70 per unit

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the fixed overhead cost

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Learn more about the Customer value proposition:

brainly.com/question/2740037

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