The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.
<h3>
How to calculate the value?</h3>
We use the formula:
A=P(1+r/100)^n
where
- A=future value
- P=present value
- r=rate of interest
- n=time period.
Hence future value Javier will be:
=$15000*(1.052)^27
=$58,954.40
For Alex:
58,954.40=P*(1.062)^27
P=58,954.40/(1.062)^27
=$11618.61
Hence difference will be:
=15000 - 11618.61
= $3381.39
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Answer:
Their average hourly productivity as a team for chicken breasts will be
45.
Explanation:
Here, it is given that Mike and Tom debone chicken breasts for Ted' chicken company.
Mike debones 30 chicken breasts,
Meanwhile Tom is having his own experience in this work and knows how to calculate the hourly work
So, Tom allows Mike to debone only 60 chicken breasts per hour.
Now its mentioned that both Tom and Mike had worked 40hrs per week.
So, their average hourly productivity as a team will be:
![frac\ {{30} +{60}} {2}](https://tex.z-dn.net/?f=frac%5C%20%7B%7B30%7D%20%2B%7B60%7D%7D%20%7B2%7D)
⇒ 45
So, their average hourly productivity as a team for chicken breasts will be 45.
Answer:
Dr Available for sale securities 11,500
Cr Unrealized gains - AFS securities 11,500
Explanation:
The securities cost is $420,000 while the fair market value is $431,500, so the difference is an unrealized gain of = $431,500 - $420,000 = $11,500.
Unrealized gains are included in Other comprehensive income account, which belongs under stockholder equity. When unrealized gains increase, then they should be credited.
Since the securities are held as investment assets, they should also increase by debiting the account.
The corridor is the vertical section of the supply curve of reserves in the federal fund market.
Answer:
D. 1965
Explanation:
The Civil Rights Act of 1964 is a civil rights and labor law in the United States of America that prohibits discrimination in employment, segregation in schools, and enforces the constitutional voting rights of the citizens.
The Civil Rights Act of 1964 was enacted by the 88th US Congress and signed into law on the 2nd of July, 1964 by President Lyndon B. Johnson.
The Equal Employment Opportunity Commission (EEOC) is a federal agency that was established by US Congress on the 2nd of July, 1965 based on the Civil Rights Act of 1964 so as to uphold and enforce all civil rights law against workplace discrimination by the employers or employees in the United States of America.
Equal Employment Opportunity Commission (EEOC) guidelines asserts that employers of labor wouldn't be held liable for national origin discrimination after implementing an "English-only" rule, if the employer can show that it is necessary for the following;
I. To communicate with customers who can speak English only.
II. To efficiently promote cooperative work assignments among teams (employees).
III. To enhance or facilitate safety during an emergency.