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
castortr0y [4]
3 years ago
15

A credit card company wants your business. If you accept their offer and use their​ card, they will deposit 11​% of your monetar

y transactions into a savings account that will earn a guaranteed 55​% per year. If your annual transactions total an average of ​$20 comma 00020,000​, how much will you have in this savings plan after 1515 ​years?
Business
1 answer:
Ket [755]3 years ago
3 0

Answer:

I will have $183536835400 in my savings after 1515 years

Explanation:

Deposit into the savings account = 0.11×$2000020000 = $220002200

Earnings after 1515 years = 0.55×1515×$220002200 = $183316833200

Total amount in savings plan after 1515 years = $220002200 + $183316833200 = $183536835400

You might be interested in
Under the path-goal theory of leadership, what type of leader behavior includes setting challenging goals for the employee with
murzikaleks [220]

In achievement oriented leadership where leader behavior includes setting challenging goals for the employee with the expectation that those goals will be achieved.

What are the leadership behaviors in the path-goal theory of leadership?

The four categories of leadership conduct identified by the path-goal theory are:

  • Achievement-oriented
  • Directive path-goal clarifying
  • Supportive
  • Participative

What must leaders do for their employees according to path-goal theory?

According to the path-goal theory, achievement-oriented leadership conduct involves encouraging subordinates to perform to the best of their ability by establishing high standards, praising excellence, and expressing faith in subordinates' talents.

Learn more about path-goal theory of leadership: brainly.com/question/17018511

#SPJ4

5 0
2 years ago
Marking merchandise with an exceptionally high price and then claiming that the lower selling price actually used represents a l
Aneli [31]

Answer:

The correct answer is Deceptive pricing.

Explanation:

The deceptive price occurs when companies intentionally cheat customers with price promotions, which in the end are not true. These practices, under the protection of marketing, seek to generate a desire in the buyer to take the items in "discount", either due to its upcoming expiration or simply by the inventory turnover.

6 0
3 years ago
Which one of the following is not a part of the business case for why companies should act in a socially responsible manner? A.
Amanda [17]

Answer:

Every business has a moral duty to be a good corporate citizen.

Explanation:

Businesses are formed to make profit, and this is the primary goal of businesses. So when making a business case for a company to act in a socially responsible manner, the benefit to the business as profits is the primary consideration.

If it is argued that every business has a moral duty to be a good corporate citizen, it does not translate to profits or benefit for the company.

So this is a weak argument when a business case is being created for why businesses should act in a socially responsible manner.

3 0
3 years ago
What determines how the burden of tax is divided between buyers and sellers? Why?
Artemon [7]

Answer:

Explanation:

Taxation is the means by which the government  gets most of its  revenue so it is the duties of private or publicly owned organizations and also the citizen to pay their taxes used by the government to fund all its projects. the taxes generated by the government are then divided among buyers and sellers.

The elasticity of demand is the main determinant of how burden of tax is divided between buyers and sellers.

6 0
3 years ago
Read 2 more answers
Blythe Corp. is a defendant in a lawsuit. Blythe's attorneys believe it is reasonably possible that the suit will require Blythe
8090 [49]

Answer:

The entry is not required because the outcome is reasonably possible, not certain or probable. So IAS 37 says that the liability must not be recognized as the outcome is not reasonably certain or probable.

Explanation:

The liability must be included in the financial statement only if the outcome is certain or probable. In this scenario, the outcome is reasonably possible but neither certain nor probable in this situation. So the entry in the financial statement is not required. If the liability is of a huge amount then IAS 37 says that their must be a disclosure in the financial statement notes about the lawsuit.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Flash E - Card Manufacturing manufactures software parts for the computer software systems that produce e - cards. The Flash II
    13·1 answer
  • Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investin
    15·1 answer
  • Haskell Motots common equity on the balance sheet totals $700million and the company has 35 million shares of common stockoutsta
    13·1 answer
  • Jose rents office space for $20,000 per year. He uses the office to fill out tax returns for 1<000 clients per year. If the o
    11·1 answer
  • On January 1 of Year 1, Congo Express Airways issued $3,500,000 of 7% bonds that. pay interest semiannually on January 1 and Jul
    12·1 answer
  • If your dream is to be an elementary school teacher, the _____ Career Cluster might be best for you.
    8·2 answers
  • The first widespread model of how individual work should be designed was Group of answer choices job enrichment. job rotation. j
    15·2 answers
  • Which type of culture would most likely include characteristics such as openness, freedom, debate, and risk-taking?
    12·1 answer
  • Rates for having a manuscript typed at a certain typing service are $5 per page for the first time a page is typed and $3 per pa
    5·1 answer
  • Justin Company's budget includes the following credit sales for the current year: September, $25,000; October, $36,000; November
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!