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3 years ago

Why did the AFL-CIO break up?

2 answers:

6 0

The AFL–CIO has a long relationship with civil rights struggles. One of the major points of contention between the AFL and the CIO, particularly in the era immediately after the CIO split off, was the CIO's willingness to include black workers (excluded by the AFL in its focus on craft unionism.)

I think I'm right?

Nataly [62]3 years ago

3 0

In 2005, a disagreement over the best way to spend union funds resulted in a breakup of the AFL-CIO

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You have 40 years left until retirement and want to retire with $5 million. Your salary is paid annually, and you will receive $

Marat540 [252]

Answer:

16.67%

Explanation:

Calculation to determine what percentage of your salary must you save each year

First step is to calculate the Annual savings

Annual savings=$5 million*[(10%-3%)/(1+0.1)^40-(1+0.03)^40]

Annual savings=$5 million*0.07/(1.1^40-1.03^40)

Annual savings=$8333.88

Now let determine the percentage of the salary you must save each year

Proportion of savings=$8333.88/$50,000

Proportion of savings=0.1667*100

Proportion of savings=16.67%

Therefore the percentage of your salary that you must save each year is 16.67%

5 0

3 years ago

At December 31, 2020, Pharoah Company has outstanding three long-term debt issues. The first is a $2,370,000 note payable which

Snezhnost [94]

Answer:

The first is a $2,370,000 note payable which matures June 30, 2023.

The second is a $5,580,000 bond issue which matures September 30, 2024.

annual sinking fund payments of $2,570,000 in each of the years 2022 through 2026.

Year Amount of long term debt Working

2021 $0

2022 $2,570,000

2023 $4,940,000 = $2,570,000 + $2,370,000

2024 $8,150,000 = $,2,570,000 + $5,580,000

2025 $2,570,000

2026 $2,570,000

Long term debt is debt that must be paid in a period of time longer than one year. Debts that are due in less than one year are classified as current debts or liabilities. That is why there is no long term debt for 2021 (current year).

7 0

3 years ago

A tour group split into two groups when waiting in line for food at a fast food counter. The first group bought 8 slices of pizz

creativ13 [48]

Answer:

The cost of an slice of pizza is $3.94

Explanation:

Hi, we have to construct 2 equations with the information of the problem, the first one is " 8 slices of pizza and 7 soft drinks for $45.10".

$8P+7D=45.10$

And the second one, when "The second group bought 6 slices of pizza and 5 soft drinks for $33.34" is.

$6P+5D=33.34$

Where: P = pizza slices and D= soft drinks

We need to substract one equation from the other, but firs we need to equal one of the variables. In order to do so, we multiply our first equation by 5 and the second one for 7, therefore we get.

First equation

$40P+35D=225.5$