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topjm [15]
3 years ago
6

Suppose that $1450 is deposited into an account paying simple interest of 8% annually. At the end of seven (7) years, the accoun

t will be worth _____________
Business
1 answer:
Paladinen [302]3 years ago
5 0

Answer:

Total worth= $2,262

Explanation:

Simple interest is the amount charged on a loan or the interest a person gets for keeping his money in the bank, it is a fixed percentage over a period of time.

The simple interest formula is given by

Interest = Principal* Interest rate* Time in years

Interest= 8%= 0.08

Principal = $1,450

Time = 7 years

Interest = 1,450* 0.08* 7

Interest= $812 earned in 7 years

The total worth of the account will.be the principal plus the interest earned

Total worth= 1,450+ 812

Total worth= $2,262

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A system demo should occur After every iteration .

<h3>When should a system demo occur?</h3>

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6 0
1 year ago
According to the integrationist view of managing conflict, conflict is: a natural part of human existence and should be accepted
zloy xaker [14]

Answer:

inevitable, but maintaining a degree of tension can actually be helpful in keeping a group energized and creative

Explanation:

Integrationist view of managing conflict is a recent view which views conflict as inevitable in an organization or in a setting. According to this view, handling conflict the right way when they arise should be the focus. Conflicts, when handled properly would brings growth and progress in an organization, and would lead to openness and creativity.

According to the integrationist view, an organization where there is absence of conflict would most likely be a stagnant organization that is not responsive to needed change that would foster positive change and development.

Conflict is good when manage well in a constructive way, while maintaining differences in an organization.

3 0
3 years ago
When talking about saving money, Anthony ONeal says, "Start paying yourself and
konstantin123 [22]

Answer:

“and get rich” I believe that’s the answer

Explanation:

6 0
2 years ago
Read 2 more answers
Shore Company reports the following information regarding its production cost:Units produced 38,000 units
Oksanka [162]

Answer:

Production cost per unit $80.59

Explanation:

The computation of the production cost per unit using absorption costing is shown below:

Direct labor per unit  $28

Direct material per unit $29

Variable overhead per unit $20 ($760,000 ÷ 38,000 units)

Fixed overhead per unit $3.59 ($136,420 ÷ 38,000 units)

Production cost per unit $80.59

We simply added all the cost per unit so that the production cost per unit could come

4 0
3 years ago
At Bargain Electronics, it costs $29 per unit ($17 variable and $12 fixed) to make an MP3 player that normally sells for $53. A
algol13

Answer and Explanation:

The computation is shown below;

Particulars       Reject Order      Accept Order       Net Income

Revenues               $0                      $126,280        $126,280

                                                    (4,510 units × $28)

Variable manufacturing $0              $76,670          -$76,670

                                                  (4,510 units × $17)

Shipping                   $0                    $18,040            -$18,040

                                                  (4,510 units × $4)

Net Income              $0                    $31,570              $31,570

Hence, the net income is in positive value so the special order would be accepted

8 0
3 years ago
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