The time required to get a total amount of $3,300.00 with compounded interest on a principal of $1,650.00 at an interest rate of 6.2% per year and compounded 12 times per year is 11.209 years. hence the answer is
A. 2001
<h3>Compound Interest Calculation</h3>
(about 11 years 3 months)
First, convert R as a percent to r as a decimal
r = R/100
r = 6.2/100
r = 0.062 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.062/12)] )
t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.0051666666666667)] )
t = 11.209 years
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Answer:
Methodology.
Explanation:
A methodology the systematic procedure and technique used to identify, process and analyse methods that can be applied in a particular situation.
Methodology gives an understanding of the type of method that will be most appropriate to solve a problem.
For example a methodology could involve the following methods to solve a problem: quantitative surveys, focus groups, and qualitative case studies.
Answer:
$900
Explanation:
The computation of the amount of the overhead allocated is shown below:
But before that the predetermined overhead rate is
As we know that
Predetermine overhead rate is
= Estimated manufacturing overhead ÷ estimated direct labor hours
= $450,000 ÷ $150,000
= $3
Now the overhead allocated is
= 300 direct labor hours × $3
= $900
Answer:
Contrarian
Explanation:
In this case, Petulia is following the contrarian investment style. Those who follow this style, invest contrary to prevailing market trends (hence the name), by buying when other are selling, and selling when others are buying.
Petulia is a contrarian because instead of selling stock during the downward trend, she opted to buy stock instead, hoping for a rise in the market in the short, or in the long-term.
Answer:
D. Eye Contact
Explanation:
The answer D. Eye contact because that is an essential thing to help you engage with your audience when you are doing a speech.