Answer:
Josh will get $4376 after 3 years.
Explanation:
The formula of Compound Interest is:
where A = Amount
P = Principle
r = rate
n = Number of Compounding per year
t = total number of year
Here, P = 4000, r = 3% = 0.03, n = 4(quarterly), and t = 3.
Putting all these values in above formula:
⇒ 
⇒ 
⇒ 
⇒ A = 4376
Hence, Josh will get $4376 after 3 years.
Advertising is the answer.
Answer: Medium of exchange and measure of value
Explanation: Medium of exchange refers to the ability of the money to be taken as a common medium for exchange of goods and services in the form of sale and purchase.
Whereas, measure of value refers to the ability by which different goods and services could be compared in terms of money.
In the given case, Laura purchased a CD using money and also is comparing two commodities in terms of money to purchase.
Hence we can conclude that the given case illustrates Medium of exchange and measure of value .
because upper management must deal with problems that are ambiguous but that could have far-reaching consequences, CONCEPTUAL skills are particularly important for top managers.
Explanation: As the managers move up on the career ladder, they have to deal with more ambiguous problems that are not clearly defined. They will have to make assumptions and take calculated guesses in additional to having a strong conceptual and fundamental understanding of the problems to help the overall organization in being successful on the long run.
Answer:
Gross Earnings $760
Net Earnings $606.86.
Explanation:
Beth's regular hourly wage is 40 hours at the rate of $16 per hour.
40 x 16 = $640
Overtime hourly wage is additional hours after the normal 40 hours at the rate of $24.
5 x 24 = $120
Gross earnings is calculated by adding both the above amounts.
640 + 120 = $760
Her employer will charge FICA rate of 7.65% for the amount she earns (Gross Earnings).
760 x 7.65% = 58.14
Net Earnings will be Gross Earnings less FICA and federal income tax $95.
760 - 58.14 - 95 = 606.86
Hence, Beth's Gross Earnings are $760 and Net Earnings are $606.86.
