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castortr0y [4]
3 years ago
6

How much interest will Dorothy earn on $200 deposited in an account that pays 5 3/4% interest annually if she leaves the money i

n the account for one year?
Business
1 answer:
Elena-2011 [213]3 years ago
3 0
The answer is $1150.00
You might be interested in
The Fed promotes secrecy by not releasing the minutes of the FOMC meetings to Congress or the public immediately. Discuss the ef
Svet_ta [14]

Answer:

By not discharging the minutes of the FOMC Meeting to Congress and open quickly , keeps up mystery and fends off Congress from questioning and meddling into the procedures of FED. Thus, to take their financial strategy choices freely without noting somebody quickly . It can follow a free money related approach that is less dependent upon expansion and political business cycles .  

FED doesn't turn out to be progressively clandestine and free in light of the fact that eventually of time FED is responsible to the Congress and open for its strategies .

7 0
3 years ago
Venezuela Company’s net income for 2020 is $50,000. The only potentially dilutive securities outstanding were 1,000 options issu
Ira Lisetskai [31]

Answer:

$4.67 per share

Explanation:

The computation of the diluted earning per share is shown below:

= (Total income - preference dividends) ÷ ( outstanding shares + diluted shares)

where,

Total income is $50,000

Outstanding shares is 10,000

And, the diluted shares is

Amount paid towards shares = Options issued × Exercise price per share

= 1,000 × 6

= $6,000

And,

Value of options = Amount paid towards shares ÷ Current market price

= $6,000 ÷ $20

= 300

So,

Diluted shares is

= Options issued - value of options

= 1,000 - 300

= 700

So Diluted Earnings per share is

= ($50,000) ÷ (10,000 + 700)

= $4.67 per share

We simply applied the above formula

3 0
3 years ago
In a private closed economy _____ investment is equal to saving at all levels of GDP and equilibrium occurs only at that level o
Naddik [55]

Answer:

B

Explanation:

In a private closed economy (actual) investment is equal to saving at all levels of GDP and equilibrium occurs only at that level of GPD where (planned) investment is equal to saving.

8 0
2 years ago
Last year, Joan bought 50 pounds of hamburger when her household’s income was $40,000. This year, her household income was only
Norma-Jean [14]

Answer:

a. positive, so Joan considers hamburger to be an inferior good.

Explanation:

Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P

The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.

▲ Q = (60 -50/60) = 0,16

▲ Q = (40.000 - 30.000/40.000) = 0,25

Elasticity = ▲ Q / ▲ P  = 0,16/0,25 = 0,64

Therefore, the elasticity is positive.

This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.

8 0
2 years ago
Why is research and development an integral part of the designing and producing process of an aerospace product? Select the best
allsm [11]
The answer to the given question above would be option C. The reason why research <span>and development is an integral part of the designing and producing process of an aerospace product is that, the </span><span>aerospace industry is constantly pushing the limits of technology. Hope this answers your question.</span>
5 0
3 years ago
Read 2 more answers
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