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Delicious77 [7]
3 years ago
6

Today, you turn 23. your birthday wish is that you will be a millionaire by your 40th birthday. in an attempt to reach this goal

, you decide to save $50 a day, every day, until you turn 40. you open an investment account and deposit your first $50 today. what rate of return must you earn to achieve your goal?
Business
1 answer:
Degger [83]3 years ago
4 0

dude thats easy all u have to do is multiply 40 and 50


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Suppose you were considering depositing money in a savings account at two different banks. Each bank will pay 5% interest. Howev
Nastasia [14]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Bank-B is better to invest because it has higher Future value due to higher effective annual interest rate.

4 0
2 years ago
Daniels Corporation uses the step-down method to allocate service department costs to operating departments.
larisa86 [58]

Answer:

C 503,980 dollars

Explanation:

\left[\begin{array}{ccccc}&General&Physical&Sales&After-sales\\$General&&2,000&27,000&14,000\\$Physical&1,000&&38,000&7,000\\$Direct \: Cost&36,550&70,300&412,500&480,880\\$Allocate G&-36,550&1,700&22,950&11,900\\$Subtotal&0&72,000&435,450&492,780\\$Allocate P&0&-72000&60,800&11,200\\$Total&&&496,250&503,980\\\end{array}\right]

We determinate each service deparment rate:

general: 36,550 / (2,000 + 27,000 + 14,000) = 0.85

we then assign cost of general department and repeat the process for physical

then for physical we do the same:

72,000 / (38,000 + 7.000) = 1.60

5 0
3 years ago
james has set the goal of achieving all "A"s during this year of school. Which term best describes this goal. A. long-term goal
lyudmila [28]

that answer should be A long term goal

5 0
3 years ago
Read 2 more answers
What is the input, conversion, and output of operating a summer band camp?
sesenic [268]
<span>Input is the object, the material, the information, land, equipment, money, knowledge we  fed into a process. 
Output is the created product (good or service) </span>that provide added value<span> to customers.</span><span> And the process that makes conversion from the input into the output is the o</span><span>perations management.
In our case the final product is operating a summer band camp. The input are materials, buildings (where the camp will be located), hiring staff, but also non-material things -advertising for example. The conversion is rebuilding, interviewing staff.. and the output is opened summer band camp, satisfied customers and hired staff . </span>
7 0
3 years ago
When Apple introduced its iPhone 11 with Slofie (slow-
Georgia [21]

Answer:

<u>trademark</u>

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When the announcement was made about the iPhone 11's new Slofie (slow- motion selfie) capability, Apple also said it had applied for a US trademark on Slofie.

Note, a trademark is a <u>legally issued</u> right for a symbol, phrase, or word to be used to denote a specific product or service, thus it gives a right of ownership to the trademark applicant. Therefore, it limits direct competition from others.

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3 years ago
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