Answer:
$1,100
Explanation:
Calculation for what will the investment be worth after 16 years
Rule of 72 is the rule or methods which help in estimating an investment's doubling time.
Therefore According to the rule of 72 what we are going to do is to double the amount of money invested in the Certificate of deposit which was $550
Hence,
Since $550 was invested at an annual interest rate of 4.5%. Thus the rule of 72 tells us that the money will double every 16 years,
Approximately:
Years Balance
Now $550
16 $1,100
( The amount of $550 doubles every 16 years)
Therefore what the investment be worth after 16 years will be $1,100
Answer:
resources
Explanation:
The resources include both the financial aspect (budget), the human aspect (employees), and the supplies (scheduling). Do we have enough money to continue producing goods (budget)? Do we have enough employees to do so ? Do we have all the supplies we need to produce this week?
The role of the administrators (as a team) is to ensure the organisation produces the goods and services they're supposed to and that they're delivered to their customers in a timely and cost-effective manner. That means ensuring they respect the budget and have enough employees to do the job.
Of course, some administrators will have a specific task oriented to one of the aspect of the company... like finances, employee management, and so on.
Answer:
$14,400
Explanation:
Given that,
Net cash provided by operating activities = $39,000
Net cash used for investing activities = $26,000
Net cash provided by financing activities = $1,400
The net change in cash during the year:
= Net cash provided by operating activities - Net cash used for investing activities + Net cash provided by financing activities
= $39,000 - $26,000 + $1,400
= $14,400
A credit card has to be paid in full on the due date. The correct option among all the options that are given in the question is the first option. The other choices are incorrect and can be easily neglected. The amount of money that the credit card company bills for a month has to be paid in full within the due date or additional fine would be added to the next bill.
