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deff fn [24]
3 years ago
15

Jack Palomo has deposited $2,500 today in an account paying 6 percent interest annually. What would be the simple interest earne

d on this investment in five years? If the account pays compound interest, what will be the interest on interest in five years?A) $750; $95.56 B) $150; $845.56 C) $150; $95.56 D) $95.56; $845.56
Business
1 answer:
andrey2020 [161]3 years ago
6 0

Answer:

the answer is a 6 ÷ 2500 ×5

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A coin sold at auction in 2017 for $1,965,500. The coin had a face value of $5 when it was issued in 1794 and had previously bee
aksik [14]

Answer:

0.0642 or 6.42%

Explanation:

The period 't' between the year when the coin was issued, 1794, and 1971 is:

t=1971-1794 \\t=177\ years

If the coin had a value of $5 and after a period of t=177 years it was worth $305,000, the annual tax rate by which the coin appreciated is determined by:

305,000 = 5*(1+r)^{177}\\r=\sqrt[177]{61,000}-1\\r=0.0642=6.42\%

The annual rate was 0.0642 or 6.42%.

4 0
3 years ago
Text Problem 5
Alik [6]

Answer:

Please find the answer in the attached image

Explanation:

Please find attached the table used in answering this question

Marginal benefit is the change in total benefit when consumption is increased by one unit

Please find attached the image used in answering this question

4 0
3 years ago
The financial statements of New World, Inc., provide the following information for the current year: Dec.31 Jan.1Accounts receiv
pashok25 [27]

Answer:

A $3066000

Explanation:

The formula for cash received from customers is: opening receivables+net sales-closing receivables.

The rationale behind the formula is that opening receivables would have turned cash by year end since current asset last one year maximum.

=$241500+$3097500-$273000

=$3066000

3 0
4 years ago
In the ________ model of informed consent, personal information can be collected until the consumer specifically requests that h
slava [35]

Answer:

"Opt-out " is the correct answer.

Explanation:

  • A paradigm using the implicit authorization of existing people who receive is considered as Opt-out model, consumers are considered ready to consume the communications even though they have sufficient choice to decline such.
  • This is indeed a phrase being used for the approach regarding direct sales messaging from the States.
7 0
3 years ago
Introduce national employment with its importance and examples​
podryga [215]

Answer:

national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.

Explanation:

Types of employment

Full-time and part-time employees.

Casual employees.

Fixed term and contract.

Apprentices and trainees.

Commission and piece rate employees.

4 0
3 years ago
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