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boyakko [2]
4 years ago
7

You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which wo

uld you rather​ have: a daily compounded rate of ​%, a weekly compounded rate of ​%, a monthly compounded rate of ​%, a quarterly compounded rater of ​%, a semiannually compounded rate of ​%, or an annually compounded rate of ​%? Which periodic rate would you rather have for your savings​ account
Business
1 answer:
Dvinal [7]4 years ago
8 0

Answer:

a weekly compounded rate of 0.355​%

Explanation:

the question is incomplete:

a daily compounded rate of 0.040​%, a weekly compounded rate of 0.355​%, a monthly compounded rate of 1.15​%, a quarterly compounded rater of 4.00​%, a semiannually compounded rate of 7.5% or an annually compounded rate of 14​%

compounded daily:

  • effective interest rate = (1 + 0.0004)³⁶⁵ - 1 = 0.157162407

compounded weekly:

  • effective interest rate = (1 + 0.00355)⁵² - 1 = 0.202344148

compounded monthly:

  • effective interest rate = (1 + 0.0115)¹² - 1 = 0.147071911

compounded quarterly:

  • effective interest rate = (1 + 0.04)⁴ - 1 = 0.16985856

compounded semiannually:

  • effective interest rate = (1 + 0.075)² - 1 = 0.155625

compounded annually

  • effective interest rate = 14%

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The fact that business people are expected not to harm customers, clients, and competitors knowingly through deception, mis-repr
tensa zangetsu [6.8K]

Answer: (D) Fairness and honesty

Explanation:

 The fairness and the honesty are the two main business ethics that helps in providing the various types of attributes such as integrity and the honesty with the customers regarding the products and the services.

These are the moral standard that helps in the decision making process by reducing the discrimination, mis-representation and also the coercion.

According to the given question, the business people are not providing any harm to the client, customers and also the competitors, this is the practicing of fairness and the honesty concept.

 Therefore, Option (D) is correct answer.

7 0
3 years ago
Orlando has a bank statement balance of $414.25 and $5.90 service charge. His check register shows $374.16 and he has two outsta
laiz [17]

Answer:

$365.93

Explanation:

The computation of the checkbook balance is shown below:

= Balance of bank statement - first outstanding check amount - second outstanding check amount          

= $414.25 - $26.54 - $21.78

= $365.93

In order to determine the check book balance, we deducted the two outstanding checks from the bank statement balance

6 0
3 years ago
Which career professionals are not required to have post-secondary education and instead typically learn through on-
Ksivusya [100]

Answer:

Sorters and Farmworkers.

Explanation:

Not for sure if this is the answer, BUT it most likely is.

6 0
3 years ago
Read 2 more answers
As an alternative to managing stressors, many organizations teach employees to use _____ to counteract the effects of stressors
Korolek [52]

Answer:

relaxation techniques

Explanation:

Many companies know a day teach employees relaxation techniques in order to counteract the effects of stressors. Such techniques can include breathing focus methods, Yoga, Tai Chi, Qigong, Mindfulness Meditation, etc. These all help relax both the body and mind to maintain a healthy balance. These relaxation techniques are extremely popular within the tech industry since many programmers and individuals in this industry work insanely long hours.

8 0
3 years ago
Which of the following scenarios could lower a firm’s demand for labor? Correct Answer(s) James operates a restaurant in a seasi
Sedaia [141]

Answer:

James operates a restaurant in a seaside tourist town. It is winter and all the tourists have left

Rex invests in new computer software that will automate his bookkeeping.

Explanation:

In winter, the patronage at James' resturant would drop because tourists would have left. Because demand at the resturant has dropped, James would reduce his demand for Labour which are his staffs. He would let some staffs go temporarily to reduce costs .

If Rex invests in a software that automates his book keeping, he wouldn't need an accountant to help with his book keeping, so demand for labour would fall.

After Katie's competition closes down, more people would patronise Katie. Katie's demand for Labour would increase because of the influx of customers.

Amy would need labour to obtain wood; her demand for Labour would increase.

If school is just resuming, there would be a high influx of people into the bookstore, the bookstore would increase its demand for Labour because of the high influx of customers .

I hope my answer helps you.

8 0
3 years ago
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