Answer:
D) Over $4,000,000
Step-by-step explanation:
On the last day, the worker is paid $0.07*2²⁵ (it's by the power of 25 because it's 0 on the first day), which is $2,348,810.24. That means that the amount of money earned on all other days are $2,348,810.37, since 2⁰ + 2¹ + 2² + 2³... + 2ⁿ⁻² + 2ⁿ⁻¹ = 2ⁿ + 1.
That totals to approximately $4.6 million dollars, which is larger than $4 million.
Answer:
For Skye - 15.85%
For under shield - 5%
Skye is using its asset more efficiently because its ROA is higher
Step-by-step explanation:
Return on total assets = Net income / Average total assets
For Skye
$3192 / [(18,764 + 21,512)/2] = 0.1585 = 15.85%
For under shield
$ 649 / [(10,252 + 15,659)/ 2] = 0.05 = 5%
Skye is using its asset more efficiently because its ROA is higher
Answer:
x=9/2 or 4.5
Step-by-step explanation:
I=prt,,5.00=.0125*1212p,,p=5.00/.0125*1212=?? Use the calculator
