Answer:
Abed must earn 13.5% or $108 annual interest to cover the monthly fee.
Explanation:
Abed should earn minimum $9 of interest on deposit each month to cover the bank charges expense.
Average Monthly Balance = $800
Bank Charges = $9.00 per month
Monthly interest rate = (Monthly bank charges / Monthly average balance ) x 100
Monthly interest rate = ( $9.00 / $800 ) x 100 = 0.01125 x 100 = 1.125%
Annual Interest rate = 0.01125 x 12 = 0.135 = 13.5%
Annual Interest = $800 x 13.5% = $108
To allocate corporate costs to divisions, the ideal situation would be for the allocation base to have the best cause-and-effect relationship with the costs.
Corporate overhead is constructed from the costs incurred to run the executive facet of an enterprise. those prices encompass the accounting, human sources, felony, marketing, and sales features. Whilst corporate costs are incurred, they're considered to be period charges, and so are charged to cost as incurred.
Overhead expenses are extraordinary from working fees, together with raw materials or employee wages, that are directly related to a company's services and products. Corporate costs may additionally track overhead and other fees to determine their destroy-even factors and perceive approaches to cut costs.
Commercial enterprise prices may also be called deductions. In widespread, organizations have some limitations and unique concerns for enterprise fee deductions. they may be commonly divided into corporate costs and operational costs.
Learn more about corporate costs here brainly.com/question/25109150
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Answer:
Therefore after 16.26 unit of time, both accounts have same balance.
The both account have $8,834.43.
Explanation:
Formula for continuous compounding :
P(t)= value after t time
= Initial principal
r= rate of interest annually
t=length of time.
Given that, someone invested $5,000 at an interest 3.5% and another one invested $5,250 at an interest 3.2% .
Let after t year the both accounts have same balance.
For the first case,
P= $5,000, r=3.5%=0.035
For the second case,
P= $5,250, r=3.5%=0.032
According to the problem,
Taking ln both sides
Therefore after 16.26 unit of time, both accounts have same balance.
The account balance on that time is
=$8,834.43
The both account have $8,834.43.
Answer:
The answer is: Customer segmentation
Explanation:
Customer segmentation happens when you divide your customers into groups whose members are similar in specific ways (in a marketing sense). Customers are usually segmented by age, gender, spending habits, geographical location, etc.
In this case the customers were segmented into two groups::
- college students
- midsize and small-size businesses
Answer:
The correct option is D, be concise
Explanation:
Being concise means that the presenter is being asked to achieve two opposing objectives of using few words as much as possible as well as being comprehensive enough such that the audience understand the topic appropriately.
Conciseness in actual terms, is required because the audience are not trained finance professionals and would not be able to comprehend professional terminologies.
