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How many trade schools are there for Avionics Technicians?

Vadim26 [7]

43 colleges offer avionics

3 0

2 years ago

Roger Fox made deposits of $900 semiannually to Reed Bank at the end of each period, which pays 6% interest compounded semiannua

Molodets [167]

The balance in the account eight years after the last deposit is $24,676.68

What is an ordinary annuity?

Ordinary annuity means a fixed amount that would be paid over a period of time, with payments being made at the end of each period.

Like in this scenario, the $900 would be deposited every six months into the Reed Bank account for 7 years, in essence, our first task is to determine the balance in the account as at the time of last deposit in 7 years using the future value formula of an ordinary annuity as shown below:

FV=annuity payment*(1+r)^N-1/r

annuity payment=$900

r=semiannual interest rate=6%/2=0.03

N=number of semiannual payments in 7 years=7*2=14

FV=$900*(1+0.03)^14-1/0.03

FV=$900*(1.03)^14-1/0.03

FV=$900*(1.51258972485511-1)/0.03

FV=$900*0.51258972485511/0.03

FV=$15,377.69

The balance in the account eight years after the last deposit can be computed using the future value formula of a single cash of $15,377.69

FV=PV*(1+r)^N

PV=balance at the time of last deposit=$15,377.69

r=semiannual interest rate=6%/2=0.03

N=number of semiannual periods in 8 years=8*2=16

FV=$15,377.69*(1+0.03)^16

FV=$24,676.68

Find out more about the future value of an ordinary annuity on:brainly.com/question/5303391

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6 0

1 year ago

In an economy, the total expenditures for a market basket of goods in year 1 (the base year) were $5,000 billion. In year 2, the

deff fn [24]

Answer:

The GDP price index for the economy in year 2 is 110.

Explanation:

It is given that the total expenditures for a market basket of goods in year 1 (the base year) were $5,000 billion.

Price of market basket in base year = $5000

In year 2, the total expenditure for the same market basket of goods was $5,500 billion.

Price of market basket in specific year = $5500

GDP price index:

$\text{GDP price index}=\frac{\text{Price of market basket in specific year}}{\text{Price of market basket in base year}}\times 100$

$\text{GDP price index}=\frac{5500}{5000}\times 100$

$\text{GDP price index}=110$

Therefore the GDP price index for the economy in year 2 is 110.

4 0

3 years ago

The American car battery industry boasts that its recycling rate now exceeds 95%, the highest rate for any commodity. However, w

AnnyKZ [126]

The correct answer to this open question is the following.

The question is incomplete. There are parts of the question missing. Indeed, there is no question posted, it is just a statement.

However, we can do research and comment on the following.

We are facing two scenarios here. Both, ethical dilemmas that need to be solved.

1) as an independent auto repair shop owner that tries to safely dispose of a few old batteries each week. (Your battery supplier is an auto parts supplier who refuses to take your old batteries.)

In this case, I would check the original agreement with the supplier to see if there is a clause on old batteries management. If not, I would ask it to help me solve this issue because I am his client and has to take care of me and the environment. Otherwise, I would have to contemplate the option of changing supplier.

2) I am the manager of a large retailer responsible for the disposal of thousands of used batteries each day.

In this other case, I would follow the Environmental Department rules and regulations to comply with the correct procedures. This means to ask for support and orientation to get all the revisions to work properly. Because I know all the consequences of not recycling correctly or the damage done to humans and the environment. So although it could be more money, and would modernize my equipment to better manage the disposal of batteries. It would be an investment, not an expense.

8 0

3 years ago

What are the key features of each phase of the business cycle ?

Cerrena [4.2K]

Answer:

Business cycles are identified as having four distinct phases: peak, trough, contraction, and expansion. Business cycle fluctuations occur around a long-term growth trend and are usually measured by considering the growth rate of real gross domestic product.

Explanation:

5 0

3 years ago