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3 years ago

Which of the following perspectives is least useful for evaluating solutions?

2 answers:

7 0

First person the best way to find a solution is looking at it from the third person and considering all the different solutions form another perspective

Mariana [72]3 years ago

4 0

Where is the list of perspectives to choose from?

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Mollie has $550 in a savings account that earns 3% simple interest each year. If she does not deposit or withdraw from her accou

Zepler [3.9K]

As per the given simple interest, the amount in the account after 10 years is $715.

How to calculate Simple interest?

The general formula to calculate the simple interest is written as,

A = P(1 + rt)

Where

A refers Total Accrued Amount (principal + interest)

P refers Principal Amount

r refers Rate of Interest per year in decimal; r = R/100

t refers Time Period involved in months or years

Mollie has $550 in a savings account that earns 3% simple interest each year.

Here we need to find the amount in her account after 10 year.

According to the given question, we know that

Principal amount =$550

Interest rate = 3%

Time period = 10 years

Then the simple interest is calculated as,

First, converting R percent to r a decimal

r = R/100 = 3%/100 = 0.03 per year.

Solving our equation:

A = 550(1 + (0.03 × 10)) = 715

A = $715.00

Therefore, the total amount accrued, principal plus interest, from simple interest on a principal of $550.00 at a rate of 3% per year for 10 years is $715.00.

To know more about Simple interest here.

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3 0

1 year ago

Larry tells you that his 10-year-old cousin recently completed an intelligence test that translated raw scores into deviation iq

IrinaVladis [17]

A scored at the mean the average 12-year old

4 0

3 years ago

Read 2 more answers

Kingbird Corporation (a calendar year C corporation) reports the following income and expenses this year: Income from operations

Artyom0805 [142]

Answer:

$7,500

Explanation:

Taxable income:

= Income from operations + Dividends received - Expenses from operations

= $200,000 + $15,000 - 140,000

= $75,000

Deductions is allowed only to the maximum extent of 10% of the taxable income of the corporation.

Therefore,

Kingbird's charitable contribution deduction:

= 10% of Taxable income

= 0.1 × $75,000

= $7,500

8 0

3 years ago

If the inflation rate decreased from 3.33% to 2.90% between October and November, while the nominal interest rate increased from

Rudiy27

Answer:

1.90%

Explanation:

There is the accordance or connection between nominal and real interest rates. It is basically possible to convert from nominal interest rates to real interest rates. According to the Fisher, there is a equation that's called the Fisher Equation:

Real interest rate ≈ nominal interest rate − inflation rate.

On our example,

Inflation rate in October- 3.33%

Inflation rate in November- 2.90%

Nominal interest rate in October- 4.75%

Nominal interest rate in November- 4.80%

In October,

Real interest rate=4.75%-3.33%=1.42%

In November,

Real interest rate=4.80%-2.90%=1.90%

As a result, we see that there is 1.90% real interest rate in November and the real interest rate has increased 0.48% in November compared to October.

7 0

3 years ago

Read 2 more answers

What does the price elasticity of supply measure? Click or tap a choice to answer the question. how income affects spending the

Zolol [24]

You didn't put all the alternatives, but I understand economics and I know exactly that concept.

Supply price elasticity measures how price changes impact the supply of goods and services. If the elasticity of supply is elastic, it means that supply is very sensitive to price changes. If the price goes down even slightly, the supply of goods will fall sharply. If the price increases, even if little, the offer will increase much. Conversely, if supply is inelastic, price changes will have little effect on supply for the good. If the price goes down, there will be little impact on the supply of the good. If the price increases, there will also be little impact on supply.

4 0

3 years ago