What is it called when people assume you're a certain way, and you act the part?

Mike Finley wishes to become a millionaire. His money market fund has a balance of $403,884 and has a guaranteed interest rate o

kipiarov [429]

Answer:

Mike Finley

t = 7.999983133 years rounded off to 8 years

Sally Williams

r = 0.110000123 or 11.0000123% rounded off to 11.00%

Explanation:

Mike Finley

To calculate the time period it will take Mike Finley to become a millionaire, we will use the formula of future value of cash flow. The formula for future value of cash flow is as follows,

Future value = Present value * (1+r)^t

Where,

r is the interest rate or rate of return
t is the time period in years

Plugging in the values for Future value, present value and r in the formula, we can calculate the t to be,

1000000 = 403884 * (1+0.12)^t

1000000 / 403884 = 1.12^t

2.475958444 = 1.12^t

Taking log on both sides.

ln(2.475958444) / ln(1.12) = t

t = 7.999983133 years rounded off to 8 years

Sally Williams

We will use the same formula for future value of cash flows as we used above to calculate the rate at which investment should be compounded annually to grow to $1 million.

1000000 = 209004 * (1+r)^15

1000000 / 209004 = (1+r)^15

4.784597424 = (1+r)^15

Taking root of 1 on both sides.

(4.784597424)^1/15 = (1+r)^15 * 1/15

1.110000123 = 1+r

1.110000123 - 1 = r

r = 0.110000123 or 11.0000123% rounded off to 11.00%

7 0

3 years ago

Which computer science professor has won an Oscar? Gauss Fedkiw Pythagoras Edison

alina1380 [7]

Answer:

the answer is Fedkiw

Explanation:

6 0

3 years ago

Friendly’s Quick Loans, Inc., offers you "eight for ten or I knock on your door." This means you get $8 today and repay $10 when

faust18 [17]

Answer:

Interest= 25%

Explanation:

Giving the following information:

Friendly’s Quick Loans, Inc., offers you "eight for ten or I knock on your door." This means you get $8 today and repay $10 when you get your paycheck in one week (or else).

Interest for the operation:

Interest= 10/8*100= 25%

4 0

3 years ago

Match the following terms to the correct definition. A measure of process output divided by input that helps us determine the ef

padilas [110]

Answer:

3.

2.

5.

4.

1.

Explanation:

A measure of process output divided by input that helps us determine the effectiveness of the process. 3. Productivity

A measure of process output divided by only one input of the many possible inputs required to make the desired output. 2. Single-Factor Productivity

The measure of process output divided by more than one input, where those inputs must be expressed in a common unit of measure, like dollars. 5. Multi-Factor Productivity

A measurement of the actual output relative to the standard output expected (effective capacity). 4. Efficiency

A measurement of the actual output relative to the optimal output expected (design capacity). 1. Utilization

7 0

3 years ago

A group of lawyers that works at Jameson & Emerson law firm has informally agreed to explain to the interns the requirements

Marianna [84]

Answer: norms

Explanation: In simple words, norms refers to the standard behavior that is expected from a group or an individual in a certain social or work environment.

Norms includes rules and procedures, which are usual and typical in nature, that guides the actions of an individual while performing the activities he or she is obligated to.

In the given case,the lawyers are also guiding the new employees how to act in certain situation hence they are teaching them norms of the organisation.

8 0

3 years ago