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denis-greek [22]
3 years ago
8

The Rule of 72 is: a. A tool to determine the number of years until retirement for an employee b. Used to estimate how fast pric

es will double using a given annual inflation rate c. The legal code for requiring companies to provide a match on retirement savings d. Used to calculate interest rates for savings
Business
1 answer:
Veseljchak [2.6K]3 years ago
5 0

Answer:

b. Used to estimate how fast prices will double using a given annual inflation rate

Explanation:

Rule of 72 is a fast statistical method to determine how long an investment will double given annual interest rate.

Simply divide 72 by the annual interest rate.

Alternatively it can be used to calculated annual rate of return required to double investment.

Alternatively it can be used to calculate annual rate of return required to double an investment.

For example if $1,000 is to be doubled in 5 years.

Years to double= 72/ Interest

Interest= 72/5= 14.4%

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Holding a meeting late on friday afternoon just before closing an office may create _______ that will interfere with your messag
djyliett [7]
Holding a meeting late on Friday<span> afternoon just before closing an office may create internal noise </span><span>that will interfere with your message. Internal noise </span>are<span> thoughts or emotions that may distract a person to do a task. In this situation, the attendees of the meeting would probably be thinking already of their plan for Friday night; </span>therefore<span> distracting them and creating internal noise.</span>
7 0
4 years ago
Your furniture-making company has a policy of increasing prices 3% per year to keep up with inflation. Last year your luxury cha
NikAS [45]

Answer:

They should be priced $540.75 at this year.

Explanation:

Given that,

Furniture-making company has a policy of increasing prices 3%.

Last year, luxury chairs were priced at $525.

The price of the chair increase= 3% of $525

                                                  =\$(\frac{3}{100}\times 525)

                                                  =$15.75

The price of the luxury chair is=$(525+15.75)

                                                  =$540.75

They should be priced $540.75 at this year.

6 0
3 years ago
Gross Private Domestic Investment $1,593
Len [333]

Answer: $793 billion

Explanation:

Following the information provided in the question, the corporate profit will be calculated as:

Undistributed corporate profits = 141

Add: Dividend = 434

Add: Corporate income taxes = 218

Corporate profit = $793

Therefore, the corporate profit is $793 billion

4 0
3 years ago
True or false politics has been eliminated in the hiring and promotion of public employees in texas.
professor190 [17]
The answer is false. <span>Rep. James White, R-Hollister last 2017 created a bill on political beliefs of employees when passed it would give specific details that would protect them.  It supports their expression on Texas political views to even to support a candidate after work. 


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5 0
4 years ago
Assume the Runnng Shoes division of the Shoes Corporation had the following results last year (in thousands). Management's targe
vivado [14]

Answer: 180%

Explanation:

Return on investment = (operating income/sales) x (sales/total assets)

=>  operating income / total assets

given Operating income=1,800,000

Total assets.1,000,000

Current liabilities.=810,000

Return on investment=1,800,000/1,000,00=1.8 X 100= 180%

4 0
3 years ago
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