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3 years ago

Matt broderick company began operations on january 2, 2013. it employs 9 individuals who work 8-hour days and are paid hourly

1 answer:

3 0

Assuming the workers are paid $5 per hour and 8 hours per day, each worker will be paid $40 per day. There are 9 workers, the company will spend $320 per day. If the company started on January 2, 2013. It has been spending ($320 x 365 days) $116,800 dollars per year and from 2013 to 2017, it has spent $467,200 since it began operations.

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Which of the following statements is true in a capitalist economy?

zepelin [54]

The answer is: b. Markets motivate individual actors to make economic decisions.

In a capitalist economy, the government has very little influence to intervene in the economy. The market is solely controlled by the power of supply and demand. When a lot of people demanded a certain type of products, people who will gain the most profit would be those who are bale to make economic decisions to fulfill the demand in the market.

6 0

2 years ago

You are planning to save for retirement over the next 25 years. To do this, you will invest $1,000 a month in a stock account an

STALIN [3.7K]

Answer:

Monthly withdraw= $12,452.6

Explanation:

First, we need to calculate the total accumulated at the moment of retirement. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Stock:

Monthly investment= $1,000

Interest rate= 0.09/12= 0.0075

Number of periods= 25*12= 300 months

FV= {1,000*[(1.0075^300) - 1]} / 0.0075

FV= $1,121,121.94

Bond:

Monthly investment= $700

Interest rate= 0.06/12= 0.005

Number of periods= 25*12= 300 months

FV= {700*[(1.005^300) - 1]} / 0.005

FV= 485,095.77

Total FV= 1,121,121.94 + 485,095.77

Total FV= $1,606,217.71

Now, the annual withdrawal:

Interest rate= 0.07/12= 0.005833

Number of months= 12*20= 240

Monthly withdraw= (FV*i) / [1 - (1+i)^(-n)]

Monthly withdraw= (1,606,217.71*0.005833) / [1 - (1.005833^-240)]

Monthly withdraw= $12,452.6

3 0

3 years ago

In a capitalist system, what are the goods and tools that are used to make products?

Eddi Din [679]

The means of production

8 0

3 years ago

What tips should he follow? Check all that apply. Cross your arms in front of you. Stand with your hands in your pockets. Don’t

Marta_Voda [28]

Answer:

Don't Chew Gum
Listen Attentively
Sound Enthusiastic and Sincere
Use proper language and enunciate clearly

Explanation:

(Avoid Clarifying vague questions might be an answer but not sure. I'm sorry if I am wrong)

8 0

2 years ago

1.What is MONEY? 2.did MONEY help you? pls ans im back

REY [17]

1. Money is a very valuable thing that helps you live. You can get money by getting a job, but there are lots of other ways to get money.

2. money helps with you being able to afford things. Money can get you a house, a tv, or even a phone.

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3 years ago