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3 years ago

Which pfds would be considered readily accessible?

1 answer:

4 0

This question can be found on the test for Boater Safety. The PFDs that can be considered to be readily accessible are those worn by passengers, those kept in open bins near a passengers seat, and the ones that can be grabbed quickly by anyone on board. The PFDs that are not considered to be readily accessible would be any that are sealed in their original plastic bags. The PFDs must be put on in a reasonable amount of time during an emergency.

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Beginning on January 1, 2020, 5 equal deposits are to be made in a fund. Required: Using the appropriate tables, determine the e

8090 [49]

Answer:

Explanation:

$FV \div \frac{(1+r)^{time} -1}{rate} = C\\$

FV $200,000.00

time 5 years

rate 0.1% = 10/100 = 0.10

$200000 \div \frac{(1+0.1)^{5} -1}{0.1} = C\\$

C $ 32,759.496

The installment will generate 10% interest overtime and provide with a 200,000 dollar count after six years

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3 years ago

Suppose you deposit $2,200 cash into your checking account. By how much will the total money supply increase as a result when t

zhannawk [14.2K]

Answer:

The money supply increases by $3300.

Explanation:

Money multiplier = 1/reserve ratio

= 1/0.4

= 2.5

the change in the money supply = deposit *multiplier -deposit

= $2,200*2.5 - $2,200

= $3300

Therefore, The money supply increases by $3300.

6 0

3 years ago

Finding the required interest rate: Your parents will retire in 18 years. They currently have $250,000, and they think they will

Salsk061 [2.6K]

Answer:

i= 8% annual compunded

Explanation:

Giving the following information:

Your parents will retire in 18 years. They currently have $250,000, and they think they will need $1,000,000 at retirement.

We need to calculate the interest rate required to reach the $1 million goal in 18 years without any additional deposit.

FV= PV*(1+i)^n

Isolating i:

i= [(FV/PV)^(1/n)] - 1

i= [(1,00,000/250,000)^(1/18)] - 1= 0.08

i= 8% annual compunded

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3 years ago

Your company has a cost differentiation strategy regarding its products. there are several new entrants into your saturated mark

gtnhenbr [62]

1) Change the nature of the product

2) Give away discounts

3) Reduce the price of the product compared to the competitiveness of the market

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3 years ago

A product sells for $275 per unit, and its variable costs are 68% of sales. The fixed costs are $345,600. What is the break-even

exis [7]

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3 years ago