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3 years ago

What percentage of those over the age of 75 in the united states has never married?

1 answer:

6 0

In the year 2000, the US census showed that 9.1% of those over 75 had not married so the percentage is relatively low and from 75-84 yrs old, about 50% were still married, 40% were widowed and 5.4 % were divorced.

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"A customer directs his broker to "Sell 100 shares of ABCD stock and use the proceeds to buy 100 shares of XPDQ stock." This is

lina2011 [118]

Answer: Proceeds transaction

Explanation:

In a proceeds transaction, the broker is involved in two related transactions which are the selling of one stock and the buying of another.

Proceed transactions involve a customer asking their broker to sell their stock and then use the proceeds gained from that sale to buy another stock which is what the customer did when he directed his broker to sell ABCD stock and use the proceeds to buy XPDQ stock.

7 0

3 years ago

Suppose that an increase in consumer confidence raises consumers' expectations of future income and thus the amount they want to

Anni [7]

It will affect the investment and the interest rate when people consume more, investments will increase as they buy more products. An increase in consumer confidence would result to an increase in consumption of goods and commodities. The interest rate will higher as the demand for capital also rises and consumer spending rises due to the demand also arises.

5 0

3 years ago

karl opens a savings account with 2500.Hedeposits1500 every year into the account that has a 0.75% interest rate, compounded mon

Anastasy [175]

Answer:

28707.80 is the account balance after 10 years.

Explanation:

In his question we have two parts of the problem the first one is a single deposit of 2500 in which we will find its future value after 10 years by using the future value formula which is Fv = Pv(1+i)^n , where

Fv is the future value after 10 years of saving the amount which we are calculating.

Pv is the present value initial investment of 2500

i is the annual interest rate which will be 0.75% x 12 = 9% as we are given a rate which is for monthly compounding.

n is the number of years the 2500 is saved up for.

Then we substitute these values to the above mentioned formula:

Fv = 2500(1 +9%)^10

Fv = 5918.41

now we will solve the second part of the question which involves 1500 deposited every year which this is an annuity part of the question where periodic payments are made constantly over 10 years for a certain future amount. which the formula is Fv = C[((1+i)^n -1)/i] , where

Fv is the future value of saving 1500 per year for 10 years

C is the periodic saving which is 1500

i is the annual interest rate of 9% as the 1500 is saved per year

n is the number of periods the 1500 is deposited for which is 10 years'

now we substitute to the above mentioned formula to find the future value:

Fv = 1500[((1 + 9%)^10 -1)/9%]

Fv =22789.39 .

now we will combine both future values to find the account balance after 10 years which will be 22789.39+ 5918.41 = 28707.80 rounded off to two decimal places.

5 0

3 years ago

A company purchased $400 of office supplies on account during May. All the supplies were used in May, and the account was paid d

rusak2 [61]

Answer:

What would the impact of these transactions be during May on

(1) the balance of cash NO EFFECT, the account balance was not paid in May

(2) cash-basis net income: NO EFFECT, the account balance was not paid in May

(3) accrual-basis net income: DECREASE, even though the debt was not paid, the expense had already been recognized, therefore, the accrual-basis net income decreases

5 0

3 years ago

How can you assist the ProServices team in serving Pro customers in your

horrorfan [7]

Answer:

<h2>ProServices Team and Pro Customers</h2>

Assisting the ProServices Team in serving Pro customers in my department. Here I have assumed that my department manages and coordinates the relationship with Pro customers:

A. Pull orders for Pro customers in advance and have them ready to pick-up

B. Call Pro customers to maintain relationships and proactively seek out business

C. Monitor inventory levels to make sure key Pro items are in-stock

D. Price match other retailers to give Pro the best price

E. Identify pro customers and introduce them to the ProServices team.

Explanation:

“Pro” customers are a group of independent contractors, repair remodelers, specialty tradesmen, property management, and facility maintenance professionals who are afflicted to an organization offering ProServices. They are not the end customers. Between my organization and the customers, they are middlemen and women who are organized by my ProServices organization to offer specialty services to the general public in a professional manner that guarantees customer satisfaction and payment to the professionals for services rendered. In doing this, the ProService organization charges the Pro customers a fixed fee, which is deducted from the payments made by the end-customers.

8 0

3 years ago