Calculate the inflation rate for shoes with the following prices.

Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $3,000 in the bank and leave it there: (Do not ro

____ [38]

Answer:

Interest= $90

Explanation:

Giving the following information:

Initial investment= $3,000

i= 3%

Number of periods= 1

<u>First, we need to calculate the future value, using the following formula:</u>

FV= PV*(1+i)^n

FV= 3,000*1.03= $3,090

<u>Now, the interest earned:</u>

Interest= 3,090 - 3,000

Interest= $90

8 0

3 years ago

At age 50, Charles began receiving payments under a distribution method that provides for substantially equal payments over his

shusha [124]

Answer:

correct answer is 4) $169,000.00

Explanation:

given data

received distributions totaling = $14,000

remaining benefits lump-sum = $155,000

solution

we know that substantial payment by as distribution method not subjected to the early distribution penalty

but lum sum amount distribution before age 59.5 is subject to 10% penalty

so here we can say till 59.5 year annuity payment not changed

so amount subject to the penalty is = $14000 + $155000

amount subject to the penalty is = $169000

so correct answer is 4) $169,000.00

4 0

3 years ago

Tyrone has three options on how to spend his saturday afternoon: to go out with friends, watch a movie, or wash his car. tyrone'

Ilia_Sergeevich [38]

If Tyrone has three options on how to spend his saturday afternoon: to go out with friends, watch a movie, or wash his car. tyrone's opportunity cost of washing his car would be: the value of going out with friends OR watching a movie

<h3>What is opportunity cost?</h3>

Opportunity cost can be defined as an way in which alternative is forgone because another alternative was chosen.

Based on the given scenario the opportunity cost will be the value of going out with friends or the value of watching a movie.

Therefore the correct option is D.

The complete question is:

Tyrone has three options on how to spend his Saturday afternoon: go out with friends, watch a movie, or wash his car. Tyrone's opportunity cost of washing his car would be:

a) the value of going out with friends.

b) the value of watching a movie.

c) the value of going out with friends AND watching a movie.

d) the value of going out with friends OR watching a movie.

Learn more about Opportunity cost here:brainly.com/question/481029

#SPJ1

6 0

2 years ago

What three factors that had a negative impact on the financial performances of unibic in its early years?

Ugo [173]

Answer:

Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years

Explanation:

The three factors that negatively impacted the financial performances of unibic in its early years were as follows

a) The price of Unibic cookies was higher as compare to its other competitors.

b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic

c) Packaging, branding and marketing not as per the public requirement

4 0

3 years ago

Decision making in the international environment is __________ it is in a purely domestic environment. Group of answer choices l

Schach [20]

Decision making in the international environment is more complex than it is in a purely domestic environment.

<u>Explanation:</u>

A decision making is considered as a process that not only involves of making different choices out of the various alternatives available but also involves the step of identifying such alternatives and assessing them in a proper way. While making various decision is foreign environment, it is considered as a complex process.

Thus, out of the given options, the correct option is – more complex than.

3 0

4 years ago