Answer:
Invest at a minimum of 7.5% annual simple interest
Explanation:
Given the goal of purchasing a boat that will cost $30,000 in 20 years, David needs to earn an interest computed below on his investment in the savings account.
Interest required = 30,000 - 12,000
= 18,000
Therefore the minimum rate of interest that will achieve this goal,
= Principal * rate * time = target amount
= 12,000 * R * 20 years = 18,000
= R = 18,000/(12,000*20) = 0.075 = 7.5%.
In addition, David could also continue his saving from his teaching job. This will reduce the minimum investment return required to achieve the goal.
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One of the main advantages of C. The Union in a workplace is that it helps to provide a structure.
<h3>What is a Labor Union?</h3>
This refers to a group that protects the rights and interests of workers to have better working conditions and remunerations.
Hence, we can see that the importance of labor unions cannot be overemphasized as according to UPS management, they believe that one of the main advantages of C. The Union in a workplace is that it helps to provide a structure
Read more about labor unions here:
brainly.com/question/881501
Answer:
D) Theoretical reason
Explanation:
Theoretical reason is the pursuit of truth, knowledge and wisdom. It is the reason that leads to cognition. According to this belief, science is the ultimate means to truth. By following theoretical reason, we are in search of the highest standard for what we should believe and live by.
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