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cluponka [151]
3 years ago
10

Dirk opened up a savings account with $600. at a yearly interest rate of 5 percent that is compounded monthly, how much interest

will dirk earn in six months?
Business
1 answer:
IceJOKER [234]3 years ago
3 0

Answer:

$15.16

Explanation:

Compound interest is when the interest you earned before, will also start earning interest. To calculate the compound interest we can use the following formula:

principal + interest = principal x (1 + rate/number of periods per year)∧time

principal + interest = $600 x (1 + 5%/12)⁶ = $600 x (1.0042)⁶ = $600 x 1.0252 = $615.16

interest = $615.16 - $600 = $15.16

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The $10,000 cash that exceeds the partnership liabilities is to be disbursed immediately. If profits and losses are allocated to
ololo11 [35]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

3 0
3 years ago
Which of the scenarios best reflects the meaning of the term inflation targeting? a) In anticipation of the upcoming election, t
zvonat [6]

Answer:

b) A central bank is expected to achieve a 3% annual inflation rate

Explanation:

Inflation targeting is a type of monetary policy where the central bank of a country sets an inflation rate as its goal or target.

5 0
3 years ago
On average, companies that create plans have larger profits and grow much faster than companies that don't. true false
Murrr4er [49]
False - because not every business plans work
3 0
3 years ago
North Dakota Corporation began operations in January 2020 and purchased a machine for $27,000. North Dakota uses straight-line d
andrew-mc [135]

Answer and Explanation:

The Journal entry is shown below:-

Income tax expense Dr, $40,025

      To Deferred tax liability $2,025

      To Income tax payable $38,025

(Being income taxes for the year 2020 is recorded)

Working note:-

Excess depreciation = ($27,000 × 50%) - ($27,000 ÷ 4)

= $13,500 - $6,750

= $6,750

For Deferred tax liability = $6,750 × 30%

= $2,025

For Income tax payable = ($157,000 - $23,500 - $6,750) × 30%

= $126,750 × 30%

= $38,025

6 0
3 years ago
Sujin must send an email about longer working hours and salary increase to all the employees who work in her organization. Which
serious [3.7K]

Sujin's organizing strategy should be answering all the questions the employees are likely to have in the email, as stated in option A and explained below.

<h3>How should Sujin organize her email?</h3>

Since employees might end up having doubts and questions about the new work schedule and the salary increase, Sujin should try her best to predict, so to speak, those questions and address them in the email.

By using such an organizing strategy, Sujin will be able to convey the necessary information while avoiding being flooded with responses filled with questions.

With the information above in mind, we can choose option A as the correct answer.

The missing answer choices for this question are the following:

  • She should answer all the questions the employees are likely to have in the email.
  • She should end the email by giving importance to the message and not the employees.
  • She should place the good news at the end of the message and the bad news in the middle of the message.
  • She should not present the bad news in a positive way, as it might confuse the employees.

Learn more about writing emails here:

brainly.com/question/24688558

#SPJ1

4 0
2 years ago
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