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coldgirl [10]
3 years ago
8

The apr of rose's savings account is 4.2%, and interest is compounded monthly. if rose makes no additional deposits or withdrawa

ls for an entire year, what will be the balance of her account after all the interest is paid for the year on a principal balance of $9100? show your work.
Business
2 answers:
Alex777 [14]3 years ago
8 0
The answer is $9489.64
ELEN [110]3 years ago
8 0
The right answer is $9489.64
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Companies use ____________ to check that enough work is scheduled for operations and that the amount of work scheduled is feasib
Veseljchak [2.6K]

Answer:

e) capacity requirement planning

Explanation:

Based on the information provided within the question it can be said that the term being mentioned is called capacity requirement planning. Like mentioned, this term refers to the process that a company undergoes in order to calculate how much of something it needs to achieve a goal and whether or not it is feasible. Which can also be used regarding work schedules like in this scenario.

7 0
3 years ago
A CFO is looking at the end-of-year financial statements. His goal is to identify the store that performed the best over the pas
beks73 [17]

Answer:

All accounting process are important.

Explanation:

All the recording of facts are important because the recording of facts enables the company to look the company with a financial perspective. In this scenario the accounting system can be used to see which store has generated more than the rest of the stores and will help CFO to reward the staff and use their tactics to implement in the other stores to increase the efficiencies of other stores.

7 0
3 years ago
According to OSHA standards, a competent person is defined as one who is capable of identifying existing and predictable hazards
Olin [163]

Answer:

True

Explanation:

OSHA standards are health and safety rules that an employer must put in place to ensure the safety of employees and reduce hazards in the workplace.

Different standards are applicable to different industries like the construction , maritime and other industries.

A competent person , according to the standard is one who is capable of identifying existing and predictable hazards in the surroundings , or working conditions which are unsanitary , hazardous or dangerous to employees and who has authorization to take prompt corrective measures to eliminate them.

6 0
2 years ago
A lawyer believes that the probability is .3 that she can win a discrimination suit. if she wins the case she will make $40,000,
yaroslaw [1]
Her expected gain is $7,000 based on the information shown on the question above. This problem can be solved by using the expected value formula which stated as EV = W*Pw-L*Pw where EV is the expected value, W is the win value, Pw is the probability of winning, L is the lost value and Pl is the probability of losing<span>. Calculation: 7,000 = (40,000-5,000)*0.3 - 5,000*(1-0.3)</span>
4 0
2 years ago
Read 2 more answers
Fountain Co. is constructing an office building for its own use. Fountain started the two-year construction project on April 1,
dybincka [34]

Answer:

The answer is:

$105,000 (B)

Explanation:

The weighted average accumulated expenditure (WAAE) is the average depth that is incurred during a business year. It is a combination of the amount spent in asset construction purposes and if loans were taken, the interest rate that accumulated within that same time period.

Next, you have to know what interest capitalization is; Interest capitalization is the accumulated interest on on borrowed amount for construction assets that are for future use.

Next, we nee to know what Capitalization period is; it is the period during which interest costs are incurred on amounts spent to construct an asset in progress. Interests are capitalized during construction until the asset is ready for its intended use. For the purpose of calculation, it is represented as the period of time for which the depth will be incurred over the construction year. for example for a year starting in January 1 to December 31, if $200,000 was borrowed, the capitalization period will be represented as "12/12" meaning that the incurred debt was owed for 12 out of 12 monts, if the same amount was borrowed in May, capitalization period will be represented as "8/12"meaning that the interest was owed for 8 out of 12 months. Now, for our example, the construction year began on April 1 and ended on December 31 (8 months), hence the capitalization periods for the amount taken in April one is "8/8", for July 1 is "5/8" and October 1 is "2/8", meaning that in October the debt was incurred for 2 out of 8 months.

So to calculate the weighted average accumulated expenditure, we need to know; the date of the transaction, the expenditures made, and the capitalization period.

Hence the WAAE is calculated as Actual Expenditure ×  Capitalization Period which is written thus:

                       

Date          Actual Expenditure          Capitalization period        WAAE

April 1         $30,000                                   8/8                            $30,000

July 1          $60,000                                   5/8                            $37,500

October 1   $ 150,000                                 2/8                           $37,500

Total                                                                                              $105,000

6 0
3 years ago
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