Which of the following does not affect the cost of automobile insurance

Robert invested $4,000 five years ago at 4 percent interest. He takes out all his interest earnings and spends them immediately.

docker41 [41]

Answer:

simple interest

Explanation:

Simple interest is the amount of money that an investment earns during 1 given period, it is calculated by multiplying the principal amount of the investment by the interest rate = $4,000 x 4% = $160

On the other hand, compound interest is interest that gains more interest by itself. This means that the interest gained during a given period, will gain more interest itself for the next period. It is calculated using the following formula = principal amount x (1 + interest rate)ⁿ, where n is the number of periods.

7 0

4 years ago

How might a business learn about a proposed process improvement through a prototyping activity? What is the fundamental purpose

anyanavicka [17]

The fundamental purpose of a prototype is to help a company better understand its new product designs.

<h3 /><h3>What is prototyping?</h3>

It is the process of producing a sample of a product, which will serve as an initial representation that will later be produced on a large scale, helping to save time, costs and increasing learning about organizational projects.

Therefore, prototyping is a design process that helps an organization to gain more information to develop its business projects.

Find out more about prototyping here:

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6 0

2 years ago

A company produces alternators for cars. They generally use a static budget with the following costs based on 8,000 units per mo

Daniel [21]

Answer:

$70,875

Explanation:

By definition, a flexible budget is when a budget has been adjusted or flexed to accommodate the changes in the level of activity.

If the company wanted to create a flexible budget for 9,000 units, then the value that would be recorded for variable costs will be:

Indirect materials, $22,000/8000*9000 = 24,750;

Indirect labor, $25,000/8000*9000 = 28,125 ;

Utilities, $12,000/8000*9000 = 13,500;

Supervision, $4,000/8000*9000=4,500

Total of variable costs = ........................70,875

3 0

3 years ago

Other things equal, an increase in productivity will Multiple Choice reduce aggregate supply and increase real output. reduce bo

leva [86]

Answer:

increase both aggregate supply and real output.

Explanation:

A rise in productivity makes it possible for each and every firm to rise the greater amount of output. due to this aggregate supply will rise which will lead to increase in the real output.

Also the rise in productivity increase the aggregate supply and the AS curve would be shifted to right that rise the real output but reduce the level of the price in the new equilibrium output level

Therefore the above represent the answer

6 0

3 years ago

Since telecommuting has become more common, workers have needed to develop communications skills that _______.

Alexxx [7]

Correct Answer, D all of the above. Each answer is a positive source of communication for telecommuters.

7 0

3 years ago

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