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eimsori [14]
4 years ago
5

A credit card company wants your business. If you accept their offer and use their​ card, they will deposit ​% of your monetary

transactions into a savings account that will earn a guaranteed ​% per year. If your annual transactions total an average of ​$​, how much will you have in this savings plan after ​years?
Business
1 answer:
ra1l [238]4 years ago
8 0

Answer:

$6,003.05

Explanation:

Calculation for the amount you will have in the saving plan after 10 years

First step is to find the annual amount

Annual amount = $25,000 x 2%

Annual amount= $500

Second step is to find (F/A, 4%, 10) using financial calculator

Hence,

(F/A, 4%, 10)=(12.0061)

Now let calculate how much will you have in the saving plan

Saving plan amount =$500 (F/A, 4%, 10)

Saving plan amount= $500 × (12.0061)

Saving plan amount= $6,003.05

Therefore the amount you will have in the saving plan after 10 years will be $6,003.05

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3 0
3 years ago
Differentiate among the business agent of a local union, a shop steward, and an international union representative. How do their
Vinvika [58]

Answer:

See explanations below

Explanation:

Business agent of a local union is basically a title, which is associated with being a chosen representative of a local union. A business agent is an employee of a union(paid employee), appointed to be its representative, who is expected to protect at all times the interest of its members and also act as the link between the chapter and other representatives in other union. He represents the larger interest of the local union such as representing members during disciplinary hearings, agreeing on memorandum of understandings etc.

A shop steward is the face of a union in an organization. He is an employee of a company, but he is elected to be the union representative on various issues such as work related issues and other issues. He ensures that work related issues and other grieviances between his members and the company are resolved amicably. He scheduled a meeting with the supervisors or management of a company and represent the interest of his members at all times.

An international union representative is an elected union representative, who liases with other union representatives in other countries on best global practises regarding workplace issues faced by its members. They share ideas on how best to resolve work related issues faced by employees and also assist local officers in negotiations and in administering labor agreements.

7 0
3 years ago
If workers do not believe that policymakers are serious about fighting inflation, they are most likely to push for higher wages,
vlabodo [156]

Answer:

decrease ; supply.

Explanation:

The decrease in supply creates an excess demand at the initial price.

Excess demand causes the price to rise and quantity demanded to decrease. Unemployment is also unavoidable.

5 0
4 years ago
A company makes tools, such as hammer and tape measures. One of their primary raw materials is steel and if they run out of stee
weeeeeb [17]

Answer: Option D

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In the given case, The company is constantly monitoring inventory level to know whether they need more or not. Hence they are using continuous review system.

6 0
3 years ago
Buying a new jacket for which of these reasons is most likely a sound financial decision?
seropon [69]
Hey there!

So, when buying a jacket for financial reasons, you would have to buy it because it would be able to keep you warm, not because everyone had it, or you would look highly amazing, buy, because it suit's the price of your budget's, this would be the reason why you should by it.

Your correct answer would be . . . 

\boxed{\boxed{You \ would \ like \ to \ keep \ warm.}}

Hope this helps.
~Jurgen
3 0
3 years ago
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