The answser is that you are not getting ahead.
2% or $500 is 2*500/100 = $10.
Then, if you keep the $500 you will earn $10 in a year.
But the bank is takind $2 each month, so definetly you will earn less than $10 in a year.
An dhte bank will take $2 * 12 = $ 24 from you in a year.
By earning less than $10 the first year and lossing $ 24 the same year you will end with less than $ 500 and every year you will se your money decreasing.
Answer:b. No.
Answer:
b. Smartphone
Explanation:
Smartphones are the hybrid versions of mobile phones, having more features that enables it to run different applications and tasks with the aid of applications such as browsers, multimedia, gps etc.
Smartphone devices are able to read informations or data stored on NFC tag.
Answer:
Ending stockholders equity 1,200,500
Explanation:
492,000 beginning RE
+92,000 retained earnings
-15,200 dividends
568,000 Ending RE
605,000 + 27,500 = 632,500 Ending Common Stock
632,500 + 568,000 = 1,200,500
Answer:
A reduction in average product by 0.01
Explanation:
Current number of workers = 200
Average product of labor = 10 Custom Vans per worker per week
Average product is given as : TP/N
Where TP is the total product and is Unknown, N is the number of workers and it is equal to 200.
Therefore TP = 200*10 = 2000
Marginal product (MP) of labour = 8 custom vans per worker per week.
Hiring additional worker will increase total product (TP) by 8.
New average product = (2000+8)/(200+1) = 2008/201
New AP = 9.99
So hiring an additional product will reduce average product by 0.01
