Answer:
$34,243.28
Explanation:
Simple interest = P x r x t
where:
P = Principal
r = rate
T = time
Therefore simple interest = 20,000 x 6% x 4 = $4,800
Compound Interest = ((P*(1+r)^n) - P),
where P is the principal,
r is the annual interest rate = 7%, and
n is the number of periods = 4 years x 4 quarters a year.
Therefore compound interest = ((20000 (1+0.07)^16)-20000) = $39,043.28
Difference in interest = $39,043.28 - $4,800 = $34,243.28
Given the unemployment rate and the total labour force, the number of employed people is 45 million.
<h3>What is the number of employed people?</h3>
The unemployment rate is the percentage of the labour force that is A person is classified as unemployed if the person is without a job but has searched for employment within the past four weeks or the person is set to resume a job within the next three months.
The labour force consists of those that are unemployed and those that are employed.
Number of unemployed people : 10% x 50 million = 5 million
Number of employed people = 50 million - 5 million = 45 million
To learn more about unemployment, please check: brainly.com/question/10940465
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On October 7, 2019 Centres for Medicare Services (CMS) have to release star ratings.
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Explanation:
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To support consumers, and their families and caretakers compare health homes easier and identify areas where you might like to ask any questions, CMS created a 5 Star rating system.
Medicare applicants have concerns with their health plan and health care systems using 5 star ratings.
The score for health plans is 1 to 5 stars and 5 stars would be the highest.
The Star Rating Program is designed to:
- Increase the quality of care for Healthcare recipients
- Reinforce the protection of beneficiaries
- Easy comparison of health plans by consumers
There is not enough information to determine the level of worry you should have. you need to do a profile check of this "pet hotel" and see reviews.
Answer:
€6 million
Explanation:
As we know that
According to the International Financial Reporting Standards, if the net realizable value of the inventory increases then the written down of reversal value is required
And according to the GAAP, the inventory should be valued at lower of cost or net realizable value
So in the given case, the inventory is purchased at €6 million and now it is estimated value is €7 million so the lower value i.e €6 million should be reported on the balance sheet.