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Darya [45]
3 years ago
13

At 4 percent inflation, how much time will it take for prices to double?

Business
2 answers:
Vladimir79 [104]3 years ago
8 0

Answer:

eighteen years

Explanation:

Given that

Inflation rate = 4%

For computing the how much time is required for prices to double we apply the rule for 72 that means the 72 is divided by the inflation rate so that the time period could come

In mathematically

Number of years is

= 72 ÷ 4%

= 18 years

Hence, in the eighteen years, the price is double

Dahasolnce [82]3 years ago
4 0
Is should only take 18 years
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A manager who makes a situation more efficient could be described as a(an) leader formulator strategist implementer
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The answer is an implementer. A manger who is an implementer not only makes situations more efficient for his workers but also more reliable. A formulator on the other hand is some who innovates. A formulator thinks outside of the box and would often want dramatic results. 
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3 years ago
The president of a growing engineering firm wishes to give each of 20 employees a holiday bonus. how much needs to be deposited
Ludmilka [50]

Given that: F (Future worth) = $2,500, i (nominal interest rate) = 0.12, compounded monthly = 12 months, years of investment = 1 year, and no. of employees = 20. Compute using the annuity formula: A=Fi/(((1+i)^n)-1). Calculating i = 0.12/12 = 0.01, since it is compounded monthly. Calculating n (total number of compounding) = 1 x 12 = 12, since year of investment is equal to 1. Substituting F=2500, i=0.01 and n=12 to the annuity formula, you will get A=$197.12. Multiply by 20, you will get $3,942.44.

4 0
3 years ago
A carbon tax would be an efficient method of addressing the problem of global warming because:a. it eliminates the positive exte
Annette [7]

Answer:

.b. it forces firms to internalize the external cost of emissions

Explanation:

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7 0
3 years ago
On December 31, Slugger Batting Cages Company decides to trade in one of its batting cages for another one that has a cost of $5
torisob [31]

Answer:

There is a loss of 18,000

Explanation:

In this question, we are asked to calculate the amount of boot in this transaction.

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We must identify that to buy one asset, we exchanged one asset with another

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loss or gain = asset given up - Discount received in exchange

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4 0
3 years ago
On December 31, 2015, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $43,000 and
Marrrta [24]

Answer:

Bad debt expense $5.125

Explanation:

Initial Balance    

Accounts Receivable  $ 43.000  

Allowance for Uncollectible Accounts   $ 1.250

Entry    

Allowance for Uncollectible Accounts  $ 775  

Accounts Receivable   $ 775

New Balance    

Accounts Receivable  $ 42.225  

Allowance for Uncollectible Accounts   $ 475

Entry Adjustment

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Allowance for Uncollectible Accounts   $ 5.125

END Balance    

Accounts Receivable  $ 42.225  

Allowance for Uncollectible Accounts   $ 5.600

7 0
3 years ago
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