The compound interest has the capacity to capitalize on the interest of the previous period, that is to say that it converts the interest earned in a period into capital for the following one, in this way the formula of the compound interest is:
Where is the future value or capital that will remain, the present or initial value, the interest rate per period and the number of periods to be capitalized, in this case we have a present value of <em>$2,500</em>, a quarterly rate of <em>7.3%</em> , that is to say <u>4 in a year</u>, as they are 5 years, we obtain <em>4 * 5 = 20</em> periods, with this we calculate
Answer
$<em> </em>10,231.39 will remain in the account
As the existing customer of the company is concern, the list of individual of the database can be incentivized either by sales discount or gift during their next purchase of generator in the company.
<h3>What is Promotion in marketing?</h3>
In marketing, a promotion refers to an form of communication, contact or action aimed at influencing people to buy more of their products or services.
In conclusion, as the existing customer of the company is concern, the list of individual of the database can be incentivized either by discount or gift on their next purpose of generator in the company.
Read more about sales promotion
<em>brainly.com/question/1312782</em>
<u>The activity rate for the Order Processing activity cost pool is closest to </u>
<u>542</u>
Explanation:
Given that ,
Wages and salaries $540,000
Depreciation $220,000
Rent $240,000
Cost pool for order processing activity
Activity Cost Pools= 30% 25% 45%
= (540,000*30%) +(220,000*25%)+(240,000*45%)
= (162000)+(55000)+(108000)
=325000
Hence ,the Cost pool for order processing activity =325000
We know that the formula for
Activity rate = Cost pool/Total activity
<u></u>
<u>Activity Cost Pool Total Activity Assembly 40,000 labor-hours Order processing 600 orders </u>
<u>
</u>
= 325,000/600
= 542
<u>The activity rate for the Order Processing activity cost pool is closest to </u>
<u>542</u>
Answer:
False
Explanation:
Labour Markets are at equilibrium where : Market Demand for labour (by firms) = Market Supply of Labour (by labourers), & the respective curves intersect.
Labour Demand curve is downward sloping, as firms' demand is inversely related to price i.e wages. Labour supply curve is upward sloping, as labourers' supply is directly to price (wages).
If wage is higher than equilibrium wage : labour supply being directly related to wage, will be more. And, labour demand being inversely related to wage, will be less. It would lead to excess supply of labour in comparison to its demand. This would imply many people are able & willing to work at the prevailing wage rate , not getting jobs - i.e unemployment.
Wage higher than equilibrium wage rate will have Unemployment impact, irrespective of the cause (minimum-wage laws or other) of wage rise.
Answer:
The correct answer is letter "C": Increase borrowing in the US, convert to Canadian dollars and invest in Canada.
Explanation:
Carry trade is a trading strategy that consists in requesting loans to a low-interest rate and use that financing to invest in assets that would revenue higher income. This strategy is being used in the currency market. <em>The idea is for investors to be financed in one currency with a low-interest rate so later that money can be invested in other currencies with a higher interest rate in the original country where the currency is issued</em>.