Answer:
it will take 20.75 year to reach amount $20000
Explanation:
It is given that average worker in China makes $5000 per year
So principal amount P = $5000
It is given that wage are keeping up with a rate of 7%
So rate of interest r = 7 %
We have to find the time in which amount will become $20000 per year
We know that total amount is given by , here n is time period and r is rate of interest
So
So
Taking log both side
n = 20.75 year
So it will take 20.75 year to reach amount $20000
Answer:
Courts place a narrow interpretation on the term property.
Explanation:
No authority can be held to be incapable of producing any verdict. Here this statement reflects that the court would not be able to understand the case and facts associated with it as the court can clearly understand all the facts.
That the jury is well versed with all the education and experience and the court in no manner can produce any narrow interpretation for the term of property as it will clearly reflect the misunderstanding of facts enclosed with the case.
Thus the above statement is false in this regard.
Answer:
$200,000
Explanation:
This involves revenue recognition based on percentage of work completed (cost to completion technique). Revenue to be recognized per time is assessed based on the level of cost incurred compared with the total cost to be incurred.
Given that the total approved budget for the project is $600,000, If at the end of the first three weeks of work, $160,000 has been spent, and five miles of road have been completed for a a 15-mile road, the earned value of the project at the end of the first three weeks
= 5/15 * $600,000
= $200,000
“OSHA” Stands for the Occupational Safety and Health Administration of the United States Department of Labor, formed by the Occupational Safety and Health Act of 1970
Answer:
D. Interest rate effect
Explanation:
Interest Rate Effect can be defined as the rate that occur due to the change in borrowing and spending attitude of a person after the interest rate might have been adjusted because in a situation where the interest rates rises it will enable both businesses and consumers to cut back on their spending the result of which will cause earnings to fall and stock prices to drop due to the fact that as the interest rates move up, the cost of borrowing becomes more expensive which is why interest rates that are high tend to always reduce inflationary pressures and cause an appreciation in the exchange rate