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3 years ago

Which of the following is not an accurate statement about the attitude of teenagers when driving?

Business

1 answer:

Tcecarenko [31]3 years ago

4 0

I would say C. A good attitude has little to do with most teen crashes.

(Hope this helps)

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John Fillmore’s lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritan

I am Lyosha [343]

Answer:

John Fillmore must invest $53,739.68 of his inheritance annually to buy the boat at retirement.

Explanation:

To determine this, we employ the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount of the boat he wants = $341,400

M = Annual investment required = ?

r = Annual interest rate = 12%, or 0.12

n = number of yeas = 6

Substituting the values into equation (1) and solve for M, we have:

$341,400 = M * (((1 + 0.12)^5 - 1) / 0.12)

$341,400 = M * 6.35284736

M = $341,400 / 6.35284736

M = $53,739.6824846741

Approximating to 2 decimal places, we have:

M = $53,739.68

Therefore, John Fillmore must invest $53,739.68 of his inheritance annually to buy the boat at retirement.

8 0

2 years ago

The following events result in a tax. Which is an example of a direct tax?

Komok [63]

Answer:

Javier owes money to the federal government based on his earnings.

Explanation:

Direct taxes are levied directly on the income of an individual or a business. Javier pays income tax on his earnings which is classified as a direct tax. Other examples of direct taxes include corporate tax and property tax.

All other options are examples of indirect tax as they are being levied on goods and services. Such taxes are usually included in the price. For e.g. General sales tax and value added tax.

5 0

3 years ago

Only 3 days after the attacks of 9-11, Northwestern Mutual began providing death benefits to surviving families of the first res

Luda [366]

Answer:

Empathy

Explanation:

Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.

This makes the business go the extra mile in solving the customer's problem.

In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.

So without official death certificates they paid death benefits only 3 days after the attacks.

Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

5 0

3 years ago

What is a business opportunity?

MatroZZZ [7]

Answer:

A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business.

7 0

3 years ago

Read 2 more answers

You purchase a twenty year zero coupon bond with a yield of 5%. One year later you sell the bond at a yield of 4%. What is your

astraxan [27]

Answer:

25.94%

Explanation:

Assume, Face value of bond =$1000

Purchase price of twenty year zero coupon bond = 1000/((1+i)^N) . Where, yield = 5% =0.05 , N= number of years to maturity =20

==> Purchase Price = 1000/(1.05^20)

Purchase Price = 1000/2.65329770514

Purchase Price = $376.89

Selling Price after one year: 1000/(1+I)^19. Where i=yield=4%=0.04, N=19

Selling Price=1000/(1.04^19)

Selling Price = 1000/2.10684917599

Selling Price = $474.64

Rate of Return = (474.64/376.89) - 1

Rate of Return = 1.25935949481281 - 1

Rate of Return = 0.2594

Rate of Return = 25.94%

7 0

2 years ago