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Irina-Kira [14]
3 years ago
6

Are the following statements true or false? The difference between savings and investments is that savings is money set aside fo

r short term for purchases that will be made in the near future. Investments is putting money aside into long-term financial instruments/investments that will cause the value to grow.
Business
2 answers:
grigory [225]3 years ago
8 0

Answer:

That statement is true.

Explanation:

Basically, You put your money in saving if you intended to use that money for future consumption. You put your money in investment if you intended to make financial gain out of it.

For example,

Let's say that you want to buy a laptop that cost $700. You only able to spend $350 per month since you have to consider other more important payment such as rent or food. So you set aside $350 for two month and purchase the laptop at the end of the second month. This is an example of saving.

In another case let's say that you put that $350 in Bonds rather than purchasing laptop. You Let that bond mature and take a 3% interest as profit. Two month later, the value of your money is increased. This is an example of an investment.

melomori [17]3 years ago
4 0

Answer:

true

Explanation:

hope it helps

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Determine the finance charge using the previous balance method. The account balance on April 1st is $50.51. On April 15th, a pay
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Answer:

$0.7577

Explanation:

The computation of the finance charge is shown below:

Finance charge =  The account balance × monthly rate

where,

The account balance = $50.51

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So, the finance charge is

= $50.51 × 0.015

= $0.7577

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All other information is not relevant. Hence, ignored it

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3 years ago
What's gross national product?​
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Answer:

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6 0
3 years ago
A design engineer wants to construct a sample mean chart for controlling the service life of a halogen headlamp his company prod
Nady [450]

Answer:

1) 515 hours ( D )

2) 495 hours ( D )

3) 10 hours ( B )

4) 0.0456 ( D )

5) sample 3 ( C )

Explanation:

Standard deviation = 20 hours

Mean = 500 hours

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Sample mean sample service life of sample 2 = Average of service life of sample 2

= ( 525 + 515 + 505 + 515 ) / 4

= 2060 / 4 =  515

<u>2) Calculate the mean of sampling distribution of sample means</u>

∑ mean service life samples / 3 ----- ( 1 )

sample 1 = (495 + 500 + 505 + 500 ) / 4 =  500

sample 2 = ( 525 + 515 + 505 + 515 ) / 4 = 515

sample 3 = (470 + 480 + 460 + 470) = 470

back to equation 1

= ( 500 + 515 + 470 ) / 3 = 495

<u>3) Determine STD of sampling distribution of sample means </u>

Std = 20

n = 4

∴ std of sampling distribution = 20 / √4 =  10 hours

<u>4) calculating  the risk alpha </u>

upper control  ( UCL ) = 520 , lower control ( LCL ) = 480

mean = 500

Z value for upper control = ( 520 - 500) / 10 = 2

Z value for lower control = ( 480 - 500 ) / 10 = -2

confidence level of -2 and 2 ( using z-table ) =  0.9544

∴ risk alpha = 1 - 0.9544 = 0.0456

5) Service life appears to be out of control in ; sample 3

UCL = 520 , LCL = 480

Because mean value of sample 3 = 470 lies outside the lower control limit

3 0
3 years ago
A production isoquant identifies _____. A. the cost of producing a given output B. the maximum output possible, given a fixed bu
Elis [28]

Answer:

C. the different combinations of inputs that can be used to produce a fixed rate of output

Explanation:

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3 0
3 years ago
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