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Julli [10]
3 years ago
5

Justin deposits $4,000 into an IRA account that earns an annual interest rate of 6.5%. If he makes no additional deposits, how m

uch money will he have in the account one year later?
Business
1 answer:
Liula [17]3 years ago
8 0

Answer:

The Future value at year time is $4,260

Explanation:

The future value at the end of the year one can be found by using the compounding formula which is as under:

Future Value = Present Value * (1 +r)^n

Future Value  = $4,000 * (1.065)^ 1 = $4,260

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Shawn Incorporated planned to produce 3,000 units of its single product, Megatron, during November. The standard specifications
kow [346]

Answer: The actual cost of materials was less than the standard cost

Explanation:

Net materials cost variance = Favorable materials price variance + Favorable materials quantity variance

= 380 + (-120 unfavorable)

= 380 - 120

= $260 favorable

<em>As the materials cost variance is favorable, it means that the actual cost of materials was less than what was budgeted for it or rather its standard cost. </em>

7 0
2 years ago
George wants to increase the number of visits to his insurance firm's website, which specializes in rental insurance for college
Vera_Pavlovna [14]

Answer:

E

Explanation:

In this question, we are to give an answer about which of the listed options would give George the optimal service for the action which he seeks to execute.

Checking the requirements of what he is trying to do, we will notice that there are some key words that are very important that he is trying to target. Now, to bring his idea into fruition, Google AdWords would provide him with the needed help.

This is because Google AdWords would look specifically at indexes using those two key words he wants to use to provide him with the results that he seeks.

5 0
3 years ago
Read 2 more answers
Mike, an advocate of a certain religion, publishes an article in New Times magazine insisting that Congress base all federal law
egoroff_w [7]

Answer:

<u>Press, Speech & Religion </u>

Explanation:

As per The First Amendment, the Congress had been prohibited to make any such laws which restrict an individual's freedom of speech, curtail the freedom of press or those which in any form promote or curb any religion.

In the given case, Mike, an advocate, supports a certain religion and went on to publish an article in a magazine, expressing his views and insisting upon Congress to base Federal Laws as per the principles of his religion.

The First amendment guarantees Mike, the freedom of speech i.e expression, freedom to practice the religion of his choice and the freedom of press i.e the freedom to publish an article expressing his views in a magazine.

5 0
3 years ago
A recession tends to cause the federal budget deficit to ________ because tax revenues ________ and government spending on trans
AveGali [126]

Answer:

b) increase; fall; rises

Explanation:

Federal budget comes from tax revenues and was drained by transfer payments.

In a recession, firms go out of businesses and people don't spend much. There will be less tax on goods and firms' profits. On the other hand, more people become unemployed  and become entitled to receiving transfer payments.

3 0
3 years ago
A broker-dealer and its agent are registered in State A. The agent tells a customer in State A that he is prohibited from making
OlgaM077 [116]

Answer:

There is a violation of Uniform State Law because the agent has made an offer to sell an unregistered non-exempt security in that State

Explanation:

The Uniform State Securities Law is also called blue sky law, and they are put in place at the State level to prevent fraud and to enforce security regulation.

This law was set up to handle investments that do not occur at the federal level. These are out of the purview of the SEC so states handle them.

In the given scenario the agent is trying to make a non exempt security exempt by buying it from the client.

This is an attempt to sell the securities to investors through fraudulent means and it is a violation of Uniform State Law

8 0
2 years ago
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