Answer:
The value of the investment at the time of his first deposit is $1,000.
At the end of the first year, the investment will be worth $1,070.
Explanation:
The value of a deposit investment is determined by the interest rate and time. Time affects the value of an investment by this small-scale businessman in many ways. The passage of time increases the value of his investment. However, the total increase may not be due to the interest rate, but inflation also affects asset's value. For this businessman to make a gain in the investment, the interest rate must be higher than the inflation rate. Otherwise, the investment loses money due to the effects of inflation, which reduces the real value of an asset over time.
Answer:
The answer is A. Treasury Bills
Explanation:
Treasury bills (T bills) are short-term security(debt security) backed by the national government. The maturity period is always less than a year or a year at maximum.
Since the customer's horizon is 3 months, he should walk up to his bank and buy treasury bills. It is always risk free.
Tbills is usually sold at discount to par value i.e the purchase price is less than the face value(value at maturity) of the bill.
Answer:
$77,475
Explanation:
Calculation to determine net income under absorption costing
Using this formula
Net income=Net income+(Ending inventories×fixed overhead per unit)- (Beginning Inventories × Fixed overhead per unit)
Let plug in the formula
Net income=$73,500 + (1,400 units x $7.95) - (900 x $7.95)
Net income=$73,500+$11,130-$7,155
Net income=$77,475
Therefore net income under absorption costing is $77,475
Answer:
community relations manager
Explanation:
According to my research on different business roles and responsibilities, I can say that based on the information provided within the question it seems that Ahmed is performing the role of a community relations manager. Like mentioned in the question this role focuses on building and maintaining a relationship between the company and the community by taking an interest in the community's well-being which usually leads to community loyalty and an increase in business.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
