All categories

3 years ago

Pease Answer ASAP. I need help with sources to answer the following question:

Business

1 answer:

cestrela7 [59]3 years ago

6 0

Answer:

No, a college degree can help you earn a better salary but nothing is guaranteed. For example, someone with a college degree earns on average around $50,000 per year, while those with only a high school degree earn around $28,000 (that is almost half of a college graduate).

But the salary you earn is not guaranteed, it might be much higher or it might be zero. If you work hard you might get a raise pretty soon or you can get promoted, but if you are lazy then you can get fired.

The income classification is based on income, not on education. There are people who never graduated from college that are extremely rich, e.g. Bill Gates, Mark Zuckerberg, but they are not the majority. That is why they serve as examples so often. Most rich people actually do have a college degree, but they are rich not because of their college degree, but because of their work.

You might be interested in

Pls help

Arturiano [62]

Answer:

True

Explanation:

You should incorporate your life desires into choosing a career choice because if you are not happy with your job or you don't feel fulfilled with what you are doing then you are only harming yourself mentally and sometimes physically by continuing to do something that doesn't fit with your desires.

4 0

2 years ago

You have the choice between two investments that have the same maturity and the same nominal return. Investment X pays simple in

hodyreva [135]

Answer:

Investment Y

Explanation:

Investment Y pays compound interest, which earns interest compared to simple interest over time. In compound interest, the interest earned in the period is added to the principal, thereby increasing the principal amount for in the next period. It means that the interest earned also earns interest.

Compound interest increases the principal amount at the beginning of every period. As a result, the interest earned will be higher every year. Investment X earns simple interest. In simple interest, the principal amount remains is constant throughout the investment period. The interest in simple is constants throughout the period. Compound interest has higher returns compared to simple interest.

6 0

3 years ago

Cash larceny involves stealing cash from an organization before it is recorded on the organizationâ€™s books and records.

viktelen [127]

Answer:

False

Explanation:

Cash larceny is the action of stealing company cash already been registered in the books of accounts for a specific accounting period. An employee of the company perpetrates the theft. It involves the employee scheming and executing the taking away of cash recorded in the books without the employer's authority.

Cask larceny happens in the cash register, in the safe, or from cash deposits in transit. In most instances, larceny involves small amounts of money. As the cash is recorded in the books of accounts, larceny can be detected with proper cash reconciliation.

8 0

3 years ago

Whether I succeed or fail is ultimately left up to me? agree or disagree

yan [13]

I agree with what you say

3 0

3 years ago

Read 2 more answers

Gertrude takes out a $5,500 subsidized Stafford loan, which must be paid back in ten years. Gertrude will graduate four years af

Natasha2012 [34]

The interest is the amount of payment that is given by the borrower to the lender of money, it is the excess amount that is paid for the use of money.

The amount of interest that Gertrude would pay is $2,908 to repay the total amount of the loan.

<h3>What is interest?</h3>

Interest is the monetary charge for acquiring money, and it is mostly shown as a percentage, such as an annual percentage rate (APR).

Interest is the excess amount that is paid by the lender to use his money on a certain percentage, and it is repaid with the amount of principal.

<u>Computation </u><u>of Interest:</u>

Given that,

Principal(P) = $5,550,

Interest Rate(i) = 6.8%,

$\text{i} = \dfrac{6.8}{12\times100}\\\\\text{i} =0.005667$

Number of monthly Installments(n)= 10×12 = 120.

Here, we apply the formula of E.M.I (Equated Monthly Installment):

$\text{E.M.I.}= \dfrac{P\times i\times (1+i)^n}{(1+i)^n-1}\\\\\\\text{E.M.I.}=\dfrac{\$5,500\times 0.005667\times (1+0.005667)^1^2^0}{(1+0.005667)^1^2^0-1}\\\\\\\text{E.M.I.}=\$63.29$

Here, the total installments of the loan are 120,

then the amount of total payment would be:

$120\times\$63.29= \$7,594$

Then, the amount of interest that is paid on the loan would be:

$\text{Amount -Principal}= \text{Interest}\\\\\$7,594.28-\$5,500= \$2,094.28\\\\\\\text{Interest}= \$2,094.28$

Therefore, the total amount of interest that Gertrude has to pay is $2,097.28.

Learn more about interest, refer to:

brainly.com/question/4605117

8 0

2 years ago