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RideAnS [48]
3 years ago
11

An investor places $5,000 in an account. The stated annual interest rate is 6% compounded monthly. The value of the account at t

he end of three years is closest to:
Business
1 answer:
Nostrana [21]3 years ago
7 0

Answer:

$5,983.40

Explanation:

Data provided in the question:

Principle amount = $5,000

Interest rate, r = 6% = 0.06

Time, t = 3 years

Compounded monthly i.e number of periods n = 12

Now,

Final amount = Principle × \left( 1 + \frac{r}{n} \right)^{\Large{n\times t}}

or

Final amount = $5,000 × \left( 1 + \frac{0.06}{12} \right)^{\Large{12\times3}}

or

Final amount = $5,000 × 1.005³⁶

or

Final amount = $5,000 × 1.196

or

Final amount = $5,983.40

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In the circular flow of income A. households buy goods and services and firms supply goods. Resources are supplied by other firm
Alla [95]

Answer:

D. households demand goods and services that are supplied by​ firms, while supplying resources that are demanded by firms.

Explanation:

The circular flow of income shows how money moves in an economy. Firms pay households for resources needed in production. The money flows back to firms when households demands goods and services from firms.

I hope my answer helps you

8 0
3 years ago
Deet, an unmarried taxpayer, qualified to itemize deductions. Deet's adjusted gross income was $40,000 and he made a $1,500 subs
Blababa [14]

Answer:

$11,000

Explanation:

Based on the information given What will be the MAXIMUM AMOUNT OF THE CHARITABLE CONTRIBUTION ALLOWABLE as an itemized deduction on Deet's income tax return will be the amount of $11,000 which represent the amount the art value that Deet donated to the local art museum which was valued at $11,000.

Therefore the maximum amount of the charitable contribution allowable as an itemized deduction on Deet's income tax return is $11,000

4 0
3 years ago
When developing marketing plans, what should a firm consider about their competition?.
nasty-shy [4]

When a company develops marketing plans, it must consider the weaknesses and reactions of competitors, so that it can identify the action necessary to maintain the company's competitive advantage.

<h3 /><h3>Marketing Plans</h3>

Corresponds to a document that details all the course of action of a company to achieve its marketing objectives, which are related to generating value for its products and services and positioning for the organization.

Therefore, the analysis of the external environment, such as the economy and competitors must be considered, so that the company can identify strategies to carry out the best decision making and maintain the flow of its activities as planned.

Find out more information about marketing plan here:

brainly.com/question/9027729

6 0
2 years ago
A cashier employed for 18 years ate a bag of potato chips without buying them while at work. She paid for the bag as soon as her
Arturiano [62]

Answer:

The human rights violated was the Americans with Disability Act (ADA)

Explanation:

The Americans with Disability Act (ADA) which became effective in 1990 is a a civil rights act that prohibits any form of discrimination based on disabilities. The civil rights law also covers for employees with disabilities which include both mental and physical conditions.

As stated by the Equal Employment Opportunity Commission, some disabilities included in the ADA civil rights law include; autism, diabetes, multiple sclerosis, bipolar disorder and many others.

From the case stated above, the cashier, a diabetic ate a bag of potato chips without paying but paid as soon as her shift ended which led to the termination of her appointment.

She ate the chips without paying because she realized her blood glucose level was low and was about to have a hypoglycemia attack.

Her employer knew of her disability but still went ahead to fire her, violating her ADA civil rights.

Knowing about her disability, they would have accommodated her seeing that she prevented an impending emergency (hypoglycemia attack). No matter how strict the organization’s policies are, they should be flexible especially with disabled people.

6 0
3 years ago
Lisa is choosing between three alternatives:
Y_Kistochka [10]

Opportunity cost is something you gave up to do the other thing you want to do. This is basically the loss of potential gain you can have on a certain alternative because of choosing the other alternative. In this problem, the opportunity cost of writing the term paper is $140 dollars. This can be break-down as follows: 

a. $60 opportunity cost<span> she has given up for not</span> working<span> on her job</span> 

<span>b. $80 opportunity cost she has given up for not going out with a friend</span>

7 0
3 years ago
Read 2 more answers
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