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3 years ago

Should people volunteer? Why or why not? Justify your response. (Site 2)

1 answer:

5 0

People should volunteer to help out the community and overall make you a better person. Helping out can drastically change someones overall appearance making them seem like a nicer and more chill human being to be around. Volunteering also works on Social Skills that many people lack every human should work on there social skills and interacting with people by volunteering.

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High income countries with larger governments as a share of gdp have generally

Scorpion4ik [409]

Answer: High income countries with larger governments as a share of GDP have generally grown at a slower rate than the countries with smaller governments.

Explanation: Developing countries or countries with less money typically grow at a faster rate than higher income countries because returns related to capital are not as strong. In richer countries, they have higher capital and tend to grow at a slower rate.

5 0

3 years ago

Claudine Corporation will deposit $5,700 into a money market sinking fund at the end of each year for the next five years. How m

valkas [14]

Answer:

Accumulated amount at the end of the fifth year = $34,112.85

Explanation:

Sinking Fund involves saving an series of equal amount periodically invested at certain rate of interest to accumulate a target amount in the future. The target amount might be for the purpose of financing a specific capital project or loan repayment.

Where an equal deposit is invested the sum accumulated (deposit plus interest earned) at the end of the final period is known as the Future Value (FV) of the sinking fund.

The FV is determined as follows:

FV = A × ((1+r)^(n) - 1)/n)

where FV- future value, A- annual cash flow, r-rate of return, n- number of years.

<em>In this question, we have the details as follows</em>;

FV-?, A-5,700, r- 9%, n- 5

<em>So we can determine the FV;</em>

FV = 5,700 × ((1+0.09)^(5)- 1)/0.09

FV = 5,700 × 5.9847

FV = 34,112.85

Accumulated amount at the end of the fifth year = $34,112.85

8 0

3 years ago

The Better Building Company has a contract to build a building for $100 million. The estimate of the cost of the project is $75

Leni [432]

Answer:

$10 million

Explanation:

Calculation for the reported profit for the first year of the contract

Using this formula

Reported profit=(BB Costs/Project cost estimate)×(Building contract-Project cost estimate)

Let plug in the formula

Reported profit = ($30 million / $75 million)×($100 million – $75 million)

Reported profit=0.4 million ×25 million

Reported profit= $10 million

Therefore the reported profit for the first year of the contract will be $10 million

5 0

3 years ago

------ some money, nishan bought a tv.a, when she saved b, to save c, saved d, saving

natali 33 [55]

Answer:

a, when she saved.

Explanation:

6 0

3 years ago

Read 2 more answers

The operations vice president of security home bank has been interested in investigating the efficiency of the bank’s operations

aliya0001 [1]

The costing study of bank operation goes thus:

<h3 /><h3>Opening accounts:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 5% = $8,000

Asst. branch manager salary $75,000 x 15% = $11,250

Branch manager salary $80,000 x 5% = $4,000

Total $23,250

Activity rate of opening accounts = Total cost of opening accounts / new accounts opened

Activity rate = $23,250 / 500 = $46.50 per new account

<h3>Processing deposits and withdrawals:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 65% = $104,000

Asst. branch manager salary $75,000 x 5% = $3,750

Branch manager salary $80,000 x 0% = $0

Total $107,750

Activity rate of opening accounts = Total cost of processing deposits and withdrawals / deposits and withdrawals processed

Activity rate = $107,750 / 100,000 = $1.08 per deposit and withdrawal processed

<h3> Processing other customer transactions:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 20% = $32,000

Asst. branch manager salary $75,000 x 30% = $22,500

Branch manager salary $80,000 x 10% = $8,000

Total $62,500

Activity rate of opening accounts = Total cost of processing other customer transactions / other customer transactions processed

Activity rate = $62,500 / 5,000 = $12.50 per other customer transactions processed

learn more about costing of bank operation from here: brainly.com/question/988393

4 0

2 years ago