1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
N76 [4]
4 years ago
10

Two brothers, Steven and Walter, each inherit $43000. Steven invests his inheritance in a savings account with an annual return

of 2.5%, while Walter invests his inheritance in a CD paying 5.2% annually. How much more money than Steven does Walter have after 1 year?
Business
1 answer:
Temka [501]4 years ago
8 0

Answer:

$1,161

Explanation:

Steven will earn $1,075 after 1 year (= $43,000 x 2.5% = $1,075), so he will have a total of $44,075.

Walter will earn $2,236 after 1 year (= $43,000 x 5.2% = $2,236), so he will have a total of $45,236.

Walter will have $1,161 more than Steve after one year (= $45,236 - $44,075 = $1,161)

You might be interested in
A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with
Free_Kalibri [48]

The incremental annual cash flow associated with the project is $12400

<h3>What is incremental annual?</h3>

Sales resulting from a higher volume of sales are known as incremental revenue. Establishing a baseline revenue level and comparing changes from that point onwards is required to calculate incremental revenue.

<h3>According to the given information :</h3>

Depreciation=[($63,000/7 years)-($75,000/5 years)

Depreciation=$9000-$15000

Depreciation=$6000

Now let calculate the Incremental annual cash flow

Incremental annual cash flow

={($16000-$6000) - [($16000-$6000)*34%]+$6000}

= {(10000)- [10000*34%]+6000}

= {(10000) - 3600+6000}

= {16000-3600}

= $12400

Incremental annual cash flow=$12400

Therefore the incremental annual cash flow associated with the project is $12400

To know more about the incremental annual visit:

brainly.com/question/22784283

#SPJ4

4 0
2 years ago
Which process is used to select more than half of federal civilian workers?
VMariaS [17]
The appropriate response is civil service examination. Civil service examination will be examinations actualized in different nations for enlistment and admission to the common administration. They are expected as a strategy to accomplish a successful, objective open organization on a legitimacy framework.
8 0
3 years ago
Read 2 more answers
Oriole Company made the following journal entry in late 2021 for rent on property it leases to Danford Corporation. Cash 153000
Morgarella [4.7K]

Answer:

$277,125

Explanation:

The calculation of  income tax expense is shown below:-

Income tax expense = Income taxes payable at the end of 2022 + (Rent revenue ÷ 2) × Tax rate

= $258,000 + (($153,000 ÷ 2) × 0.25)

= $258,000 + $76,500 × 0.25

= $258,000 + $19,125

= $277,125

Therefore for computing the income tax revenue we simply applied the above formula.

6 0
4 years ago
Testing is used by many companies during the recruitment process. Tests could include aptitude, psychological, personality, inte
zmey [24]

Personality test is an assessment that provides insight into important but intangible information about candidates such as personality, values, and work preferences.

Explanation:Pros of Personality Testing :

1, Knowing the unique information personality tests provide can help hiring managers to assess a candidate’s fit into the computer any culture.

2. Personality tests allow hiring managers to better understand how to keep individual employees engaged and motivated at work.

3. Well-designed, standardized assessments allow an organization to improve its legal defensibility by providing a fairer method of candidate comparison.

4.Personality tests can reduce the chance of putting the wrong person in the wrong role (a mistake that can be costly)

The cons of personality test:

1.Time: Personality tests can be time-consuming, which may lead to job candidate frustration or even loss to other companies.

2.Money: Personality tests can be costly to administer.

3.Accuracy: While useful for gaining behavioral insight, personality tests are not always the best indicators of how successful an individual will be in a job

4.Reliability: Candidates often answer personality tests by choosing answers they believe employers want to hear. This can make test results difficult to interpret or even invalid.

4 0
3 years ago
Zone of acceptance refers to consumers': Select one:
sesenic [268]

Answer:

Letter a is correct. <em>Acceptable range of prices for any purchase situation.</em>

Explanation:

<u>  The purchase decision</u> process is a systematic model that represents the rational or irrational steps a consumer goes through before making a purchase. These steps are related to solving needs, searching for information, evaluating similar alternatives, and post-purchase behavior.

The zone of acceptance is a step regarding the price range that the consumer is willing to pay for a particular product or service, and is influenced by each step of the consumer's buying decision.

6 0
4 years ago
Other questions:
  • An amount of something left over when requirements have been met; an excess of production or supply over demand
    12·1 answer
  • Consider the following five constraints x1 + 2x2 ≤ 3, x1 − x2 ≥ 0, 2x1 + x2 ≤ 3, x1 + 5x2 ≤ 6, x1 − 2x2 ≥ −1. (a) Sketch the fea
    11·1 answer
  • I need help making a resume badly I'm 15,I'm trying to get a job,I know I need a rresume​
    6·1 answer
  • Sannella Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales S
    10·2 answers
  • Janes Company provided the following information on intangible assets: A patent was purchased from the Lou Company for $1,100,00
    7·1 answer
  • Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 4.20 percent that sells for $90.86 per share. I
    15·1 answer
  • Explain the following definition of marketing ethics
    14·1 answer
  • Economics - What’s an example where the market approach would not be appropriate? Why?
    15·1 answer
  • 4. What are the major benefits of business ownership?​
    5·1 answer
  • from a profit perspective, it makes sense for firms to disperse their productive activities to those countries where they can be
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!