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4 years ago

What amount needs to be invested today at 6% simple interest in order to have $4000 in 2 years?

1 answer:

4 0

Data:
A (amount) = ?
P (Principal) = $ 4000
r (rate) = 6% → 0.06
t (time) = 2 years

Formula:
$A = P(1+r*t)$

Solving:
$A = P(1+r*t)$
$A = 4000(1+0.06*2)$
$A = 4000(1+0.12)$
$A = 4000*1.12$
$\boxed{\boxed{A = \$\:4480}}\end{array}}\qquad\quad\checkmark$

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<u>Different assessment and goals.</u>

Explanation:

In this issue there is resistance to change related to evaluation and different objectives, as the production manager has made a decision to change production processes in order to increase efficiency, and one of his employees does not believe the idea. This is because there are different perspectives among employees in an organization, resistance to change affects each individual differently and leads them not to support significant changes that will change the process that already exists in the organization. It is usually related to individual beliefs and insecurity to novelties. To break barriers to resistance to change, it is essential that the manager adopt clear and direct communication and present the benefits linked to change.

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4 years ago

David Harbert recently started a business. During the first few days of operation, Mr. Harbert transferred cash from his persona

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3 years ago

Which of the following statements about federal student loans is true?

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I believe the answer is: A. the interest rate on your loan will be fixed over time

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3 years ago

Read 2 more answers

What characteristics are possessed by the best salespeople?

exis [7]

Answer:

B, D and E

Explanation:

The sales department is a common component that is all organizations. It is comprised of sales representatives with different skills and abilities. The best persons will share similar characteristics. These are the traits that make them effective and puts them at the top. They include

Communication skills. A goods salesperson is able to initiate and sustain a conversation with a customer. Clients tend to resist sale representative whose interest is to close a sale as quickly as possible. He or she must provide excellent proposals and quotes to keep the client interested.
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3 years ago

Ramkissoon Midwifery's cost formula for its wages and salaries is $2,060 per month plus $442 per birth. For the month of July, t

OlgaM077 [116]

Answer:

option (a) $2,052 U

Explanation:

Data provided in the question:

Ramkissoon Midwifery's cost formula for its wages and salaries

= $2,060 per month + $442 per birth

Total number of births = 117

Actual births = 114

Actual wages and salaries for the month = $54,500

Now,

Spending variance = standard cost - Actual cost

= ( $2,060 × 1 ) + ( $442 × 114 ) - $54,500

= $2,060 + $50,388 - $54,500

= - $2052 or $2,052 U

Hence,

The answer is option (a) $2,052 U

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3 years ago