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Airida [17]
3 years ago
6

Connie made deposits of $2000 at the beginning of each year for four years. The rate she earned is 5% annually. What is the valu

e of Connie's account in four years? A. $9,051.20 B. $11,051.00 C. $8,260.20 D. $8,260.00
Business
1 answer:
Alex Ar [27]3 years ago
5 0
The answer should be about $9000.00 so I'd go with A $9,051.20
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After Hiroshi’s client informs him that she was denied an apartment lease due to her race, he refers his client to the free lega
8_murik_8 [283]

Answer:

The correct answer is letter "B": Client/Student Advocacy.

Explanation:

The American Counseling Association (ACA) Advocacy Competency describes the set of capabilities counselors can use to help students, clients or individuals of a population in front of cases problematic cases.  

The Client/Student Advocacy refers to the power counselors have to act on behalf of students and clients in cases where the counselor has access to systems or processes students or clients do not. This advocacy is also useful when the clients do not want to engage in advocacy because they are afraid of retaliation.

7 0
2 years ago
Operating profit is essentially a measure of how efficient management is in generating revenues and controlling expenses. True F
Paul [167]

Answer:

true

Explanation:

Operating profit is referred to as the profit gained by the corporation in business. it is calculated by subtracting all expenses from the total profit over the given period.

it is considered to be the best way to determine how management tactics are helpful or beneficial for the organization. it helps to decide on the working policy for future goals.

3 0
3 years ago
An $11,000 mortgage has a 30-year term (requiring monthly payments) and a 6% nominal interest rate. (a) What is the monthly paym
neonofarm [45]

Answer:

Answer:

a) Monthly payment = $65.95

b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6

c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043

  Principal paid in month 13 = $65.95 - 51.043 = $14.907

Explanation:

Using financial calculator:

PV = 11,000

n = 30 years = 360 months

i/r = 6%/year = 0.5% / month

FV = 0

PMT = ? (Monthly payment = ?)

a) Monthly payment = $65.95

b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6

c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043

  Principal paid in month 13 = $65.95 - 51.043 = $14.907

Explanation:

8 0
3 years ago
Assume stock A costs $100 at t = 0 in a two-period world. There are two scenarios at t = 1: good and bad. In the good scenario t
Arada [10]

Answer:

The offer at $4.60 by the broker is higher than the calculated fair value of $4.545 hence i will not take up his offer

Explanation:

Given data:

stock A = $100 at  t = 0  

in two worlds : good scenario ; stock A  = $120

                         bad scenario ; stock A = $70

probability = 0.5

annual risk less rate = 10% = 0.1

To determine if to take the offer or not we have to calculate the call option using the given parameters

Cu = \frac{(0.5*10) + (0.5*0)}{(1 + 0.10)}  = $4.545

The offer at $4.60 by the broker is higher than the calculated fair value of $4.545 hence i will not take up his offer

3 0
2 years ago
Suppose you decide to deposit $24,000 in a savings account that pays a nominal rate of 12%, but interest is compounded daily. Ba
Dovator [93]

Answer:

The total amount after four-month is 24982.08 dollars.

Explanation:

The amount to deposit in savings account = $24000

Nominal interest rate = 12%

Daily rate = 12 /365= .03288%

The interest is compounded daily and a number of months = 4 months.

We have to calculate the total amount after the four months. The calculation is given below:

Number of days in 4 months = 4 × 365/12 = 121.66 (rounded to 122)

Amount in account = Amount deposited ×  (1+i)^n

                   = 24000 ×  (1+.0003288)^122

                    = 24000 ×  (1.0003288)^122

                   = 24000 × 1.04092

                  =  24982.08 dollars

8 0
3 years ago
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