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Pepsi [2]
3 years ago
15

Betty needs to understand the interest rate for her savings account in order to calculate how much the account will earn in inte

rest. she visits a customer service representative at her new bank to learn how to calculate the interest. he gives her an expression to find the interest rate, r, in her savings account. it is
Business
1 answer:
Tpy6a [65]3 years ago
8 0

r = (18/15)1/3 - 1 = (6/5)1/3 - 1 = (2/5) - 1 = - 3/5 = -0.6.

above is the question but are you sure the question is correct? shouldn't r = (18000/15000)^1/3 - 1? please check.

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"Whenever Andrew considers upgrading his personal computer system, he consults with Jeremy, a knowledgeable friend who always ha
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Answer: innovator

Explanation:

From the question, we are informed that whenever Andrew considers upgrading his personal computer system, he normally consults with Jeremy, a knowledgeable friend who always has the newest technology.

Regarding the question, Jeremy is an innovator. An innovator is someone who has embraced new ideas and is always trying out new gadgets and technology.

8 0
3 years ago
The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead co
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Answer:

Variable manufacturing overhead rate variance = 80,000 favorable

Explanation:

Given:

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Total machine hour = 160,000 hour

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Variable manufacturing overhead rate variance

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Variable manufacturing overhead rate variance = [Standard overhead rate - Actual overhead rate]Actual hour

Variable manufacturing overhead rate variance =[1.7 - (192,000 / 160,000)]160,000

Variable manufacturing overhead rate variance = [1.7 - (1.2)]160,000

Variable manufacturing overhead rate variance = [0.5]160,000

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6 0
2 years ago
Jeff works as a computer repair technician
lubasha [3.4K]
The answer to the question above as to what types of income does Jeff have if he works as a computer repair technician and he has money in a savings account and he owns some stock as an investment, Jeff gains his income through salary from his job as a repair technician, interest in the savings account and dividend in the stocks.
7 0
2 years ago
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The accountant for Walter Company is preparing the company's statement of cash flows for the fiscal year just ended. The followi
Strike441 [17]

Answer:

$25,400

Explanation:

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

The movement in the retained earnings balance may be expressed as

Opening balance + net income - cash dividend paid = closing retained earnings balance

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7 0
2 years ago
You write one MBI July 139 call contract (equaling 100 shares) for a premium of $17. You hold the option until the expiration da
Bogdan [553]

Answer:

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So there is a loss of $600

4 0
3 years ago
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