Cincinnati museum center is a center home for Cincinnati history museum and the museum of natural history and science. its located in Cincinnati, Ohio united states. The museum was opened in 1990 at the Cincinnati museum center at the union terminal. However,the lack of financial objective makes it difficult for the Cincinnati museum center to prioritize its objectives and evaluate its performance.
Answer:
Q1. Selena will have earned <em><u>$ 25.00</u></em> in interest by the end of the year.
Since interest paid is 5% in simple interest, we can calculate that by using the formula:
Q2. The balance in Suki's account at the end of two years will be <em><u>$866.2854.</u></em>
This means that she will have earned <em><u>$66.2854</u></em> in interest.
Since interest is compounded quarterly, Suki will receive interest for 8 periods. The formula for compound interest with more than one interest period per year is:
where
A is the amount at the end of the period
P is the principal
i is interest rate per annum
m is number of compounding periods in a year
n is number of years
Substituting the values in the formula above we get,
Now, we calculate the interest earned by doing \mathbf{CI = A -P}.
Q3. It will take <em><u>18 years</u></em> for the money to double to $100.
Since we need to use the rule of 72, we'll divide 72 by the interest rate to determine the number of years needed to double the investment's value.
So, the number of years is 
.
Based on the given data, Tom's leveraged return on the real estate investment is 13.3%.
A leveraged return means an investment return on equity partially financed with debt.
Investment in property = $100,000 - $60,000
Investment in property = $40,000
Interest = $60,000 * 4%
Interest = $2,400
Net income after tax = ($10,000 - $2,400) * (1 - 30%)
Net income after tax = $7,600 * 0.70
Net income after tax = $5,320
Leveraged return = Net income after tax / Investment in property * 100
Leveraged return = $5,320 / $40,000 * 100
Leveraged return = 0.133 * 100
Leveraged return = 13.3%
Hence, Tom's leveraged return on the real estate investment is 13.3%.
Learn more about leveraged return:
<em>brainly.com/question/14005616</em>
Answer:
Option B.
Explanation:
Employing internal based resources gives a better competitive edge to an organisation as those resources are already in place. This eliminates extra cost of getting new funding or resources as in option A.
Answer: Qualitative data cannot be recorded numerically at the initial stage, but can be later converted into numerical data for statistical purposes.
Quantitative data is conclusive in summary, can be recorded numerically first hand.
Explanation:
Qualitative data cannot be recorded numerically at the initial stage, but can be later converted into numerical data for statistical purposes.
Quantitative data is conclusive in summary, can be recorded numerically first hand.
Qualitative variables examples;
Colour of the car
Driver experience
Quantitative variables:
Size of the car
Horse power of the engine -
