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atroni [7]
3 years ago
13

In the first week of the Year, Nancy saved $1. In each of the next 51 weeks, she saved $1 more than she had saved in the previou

s week. What was the total amount that Nancy saved during the 52 weeks? $1,326
Business
1 answer:
Zepler [3.9K]3 years ago
6 0

Answer:

Nacy would save 1,378 dollar if she perofrm this saving plan.

Explanation:

It will be an Euler sum

1 + 2 + 3 + 4 + ... + 50  + 51 + 52= Sn\\\\\frac{n \times (n+1)}{2}  = Sn

In this case the last term is 52

\frac{52 \times (52+1)}{2}

Sn = 1.378‬

The explanation is that we can arrenge the term to generate sum of 53:

1 + 52

2 + 51

3 + 50

.......

25+28

26 + 27

In total there is 26 of this sums

53 x 26 = 1,378

If we notice 26 is half the value of n so we got:

\frac{52}{2} \times 53

we can also express 52 in term of n+1 achieving the Sn formula:

\frac{52}{2} \times (52 + 1)

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Van lives in Miami and runs a business that sells guitars. In an average year, he receives $842,000 from selling guitars. Of thi
OlgaM077 [116]

Answer:

manufacturer --> explicit cost

wages and utilities --> explicit cost

implicit cost --> rent of the showroom

implicit cost --> accountant salary

Explanation:

Implicit cost:

A cost already occurred but not necessarily shown or reported as a separate expense. It represents the opportunity cost of internal resources used without explicit compensation. The loss of potential income. but not of profits.

Resuming Implicit cost comes from the use of an asset, rather than renting or buying it.

Explicit cost:

Is a cost that occurs, identificable  and accounted. It occurs during business operations and has a clearly defined dollar amount.

Explicit and implicit costs are utilized in the calculation of economic profit. They are used to determinate profitable of a business

3 0
3 years ago
Which savings institution has the benefit of being operated for depositors and providing profits in dividends?
Brut [27]

Credit unions are typically nonprofit, Savings and loans are for profit, and initially operated for depositors, but over the past 30 years have made numerous loans to nondepositors.


Commercial banks are often privately owned, but my be listed corporately owned, and are not operated for depositors. They do not, to my knowledge, pay profits in dividends, but ownership interests may vary.


Mutual savings banks are the savings depositories that are owned by depositors and distribute profits/dividends among the depositors.  

5 0
3 years ago
The upper class makes up about 25 percent of the population in the United States. True or False
jeyben [28]
Yes that is correct :)
5 0
4 years ago
Read 2 more answers
Are there any welfare or subsidies that should be reviewed or added in south africa?
MrRa [10]
Judging from their condition, the need some welfare or subsidies that should be added

For example :

- Their government should provide more infrastructure such as roads and water pipe for the people
- Since South Africa is one of the most developed country in Africa, The Government should give more incentives for those who want to start a business ( such as cheaper taxation system)
3 0
4 years ago
Depreciation expenses should be added back to after tax ebit to get operating cash flows because?
PSYCHO15rus [73]

Depreciation expenses should be added to after-tax ebit to get operating cash flows because it is a non-cash charge deducted from revenue in the net income calculation.

Cash flow is the movement of money, real or virtual. Strictly speaking, cash flows are specifically payments from one central bank account to another. The term "cash flow" is most commonly used to describe cash flow. Cash flow refers to the net balance of cash entering or exiting a company at a particular point in time.

Cash flows in and out of business all the time. For example, when a retailer purchases inventory, money flows from the store to the supplier.

Learn more about cash flows here: brainly.com/question/735261

#SPJ4

7 0
2 years ago
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