In 9 years after depositing $160, in my savings account would be $289.6
The formula for simple interest and procedure we will use to solve this exercise is:
S.I.= (P*R*T)/100
Where:
- P = principal
- R = rate of interest in % per annum
- T = time
Information about the problem:
- P = $160
- R = 9%
- T = 9 years
- Total amount = ?
Applying the simple interest formula, we get:
S.I.= (P*R*T)/100
S.I.= (160* 9*9)/100
S.I.= $129.6
Calculating the total amount that would be in my savings account, we get:
Total amount = P + S.I.
Total amount = $160 + $129.6
Total amount = $289.6
<h3>What is simple interest?</h3>
It is the operation in which we calculate the profit produced by a capital loaned at a given percentage.
Learn more about simple interest at: brainly.com/question/20690803
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D. is correct. Both share responsibility
Answer:
The correct answer is b.setting equipment utilization goals below industry average.
Explanation:
A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.
If a firm wants to achieve competitive advantage it can achieve it by;
Addressing its customers concerns and customizes the products according to their needs.
Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.
Bring improvement and advancements in its products by using new technology.
Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.
Answer:
c $11,600
Explanation:
At 4,000 units the unit cost for the fixed manufacturing overhead is 2.90 dollars
We multiply it by 4,000 to know the total amount
$2.90 x 4,000 units = $ 11,600
These will be fixed cost thus, will not change when we produce between the relevant rage of 2,500 to 5,500 units
Answer:
The correct answer is 4
Explanation:
Exit interview is a wrap-up interview or the meeting among the management representatives and the person or individual who is leaving a firm either voluntarily or through termination.
But it can be uses by the firm for remanding the employee of the contractual obligations of the person and also to attain the feedback on the tenure of the employee in the firm.