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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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7 0
3 years ago
A quality inspector for Alpha-Beta Co. is concerned about the quality of the batch of several thousand blank DVD disks which his
Mazyrski [523]

Answer:

b. 16% defectives

Explanation:

Let the number of units shipped be N

Let the defect rate be y%

Cost of replacing defectives once shipped = (y/100)×N× 2.5  ........equation (1)

Cost of 100% inspection = N × 0.4 .........equation (2)

At the indifference point, both costs, that is the replacement cost and inspection cost are equal. Therefore, we make both equations (1) and (2) equal.

N × 0.4 = (y/100)×N× 2.5

100 × 0.4 = y ×2.5

y = 40/2.5 = 16

She is indifferent at 16% defectives

3 0
3 years ago
Classify each item as an asset, liability, common stock, revenue, or expense.
kari74 [83]

Answer: The answer is as follows:

Explanation:

Each item is classified as follows:

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(b) Land purchased - Assets

(c) Amounts owed to suppliers - Liabilities (Accounts Payable)

(d) Bonds payable - Liabilities

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(f) Cost of advertising - Expense

6 0
4 years ago
In a completely randomized experimental design involving five treatments, 13 observations were recorded for each of the five tre
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The answer to this quiestion is a jalandhar jakob jsjsjd
3 0
3 years ago
"With a finance degree, you can apply for almost any position available to accounting majors."
nexus9112 [7]

Answer:

False because finance is totally different from management and financial accounting. Finance degree holder can not apply for every as the finance degree holder knows better about financial management not about management accounting or financial accouting. The major fields which a finance degree holder can apply for are accountancy firms, investment and high street banks, insurance firms, management consultancies, etc.

3 0
4 years ago
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