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Anna007 [38]
3 years ago
6

First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest

compounded annually. If you made a deposit of $11,000 in each bank, how much more money would you earn from your Second City Bank account at the end of 11 years
Business
1 answer:
Pepsi [2]3 years ago
3 0

Answer:

$ 2,621.28  

Explanation:

The simple interest I=P*R*T

P is the principal amount of $11,000

R is the simple interest rate of 6%

T is the number of years the interest relates to

I=$11,000*6%*11=$7260

Compound interest:

FV=PV*(1+r)^n

FV is the amount of the deposit in eleventh year

PV is the amount deposited which is $11,000

r is the rate of return of 6%

n is eleven years

FV=$11000*(1+6%)^11=$ 20,881.28  

I=FV-PV= 20,881.28-11,000=$ 9,881.28  

Difference between interest earned=$9,881.28-$ 7260 =$ 2,621.28  

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List four wan technologies that are carried over the pstn.
oee [108]
There is actually a lot of wan technologies that are carried over the pstn. But the first thing we have to do, is to know what does the pstn means. The pstn means Public Switched Telephone Network. Though they have some similarities, the atm and the wan are different machines.
8 0
2 years ago
Than Wok emigrated from his war-torn country to the United States almost two years ago. He recently found a job working on an as
igor_vitrenko [27]

Answer:

C.social needs.

Explanation:

Maslow's hierarchy of needs is a motivational theory that goes through five forms of needs set out below:

1. Physiological needs: These are the survival needs i.e. food, clothing, house, air

2. Security needs: This need covers human, financial, etc. protection and security

3. Social needs: These needs represent an person being or not involved in social groups. It makes the person not feel alone, lonely, etc.

4. Awareness needs: Awareness needs are the recognition he or she receives

5. Self-actualization needs: As the name suggests, it is self-actualizing in order to let the person know about his or her abilities.

So according to the given options, the most appropriate option is C. as it shows the social needs i.e loneliness, alone, etc

4 0
3 years ago
Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA), a pr
sergij07 [2.7K]

Answer:

The Question has been offered as to pick the least of the terms less expensive than lifetime alternative, so it is smarter to continue with the choices given in the Question.

For 14 years:

Year                Cash Flow                  PVF = 7.6%            Cash Flow

0                      $800                                 1                            $800

1 - 13                $800                             8.0807                   $6464.56

                                                                 <u>Total                    $7264.56 </u>

For 13 years :

Year                Cash Flow                  PVF = 7.6%            Cash Flow

0                       $800                                1                            $800

1 - 12                 $800                            7.6948                   $6155.83

                                                              <u>Total                    $6955.835 </u>

<u> </u>For 19 years

Year                Cash Flow                  PVF = 7.6%            Cash Flow

0                        $800                               1                            $800

1 - 18                  $800                            9.6377                   $7710.16

                                                              <u>Total                      $8510.16 </u>

<u> </u>

For the long time alternative it is realize that not doable choice to go with 19 years so obviously past 19 years likewise not possible so for a long time not comprehended.  

from the over the least is accessible in 13 years so lloyd needs to go for a long time.

3 0
2 years ago
The line of authority that extends from the upper levels of management to the lowest levels of the organization is ____________.
lyudmila [28]

Answer:

<h2>The answer in this case would be option D. given in the answer choices or Chain of Command.</h2>

Explanation:

  • Under the chain of command system, the line of authority or organizational control runs hierarchically from the top to the low levels of the administrative management chain.
  • The organizational functions, duties, assignments and responsibilities are arranged according to the hierarchical structure of the organizational management or administration under the chain of command system.
  • The departmental designations and divisions under the chain of command are also guided by hierarchical classification of the organization management.The officials under the department of the lower levels of management usually work under and report to the middle or top management levels and the departments and officials working in the mid level management generally reports to the top level management in any business organization.
  • Hence, the line of control or authority flows or runs from the upper/top level to the relatively lower levels of management under chain of command.
8 0
3 years ago
Which two approaches will solve this issue?
statuscvo [17]

Answer:

Universal Containers (UC)

Two approaches to solve the shipment records issue are:

a. Set Validation Rules.  For example, a validation rule will specify that the postal address fields contain the required address data.

b. Use Validation Texts.  For example, a validation text for the postal code will indicate that the wrong postal code has been used for a specific address and will ask for immediate correction before the shipment records are sent to the shipping department.

Explanation:

A Validation Rule is a field property in the Expression Builder.  It is used to specify and define conditions that limit values that can be entered in a particular field.  Validation rules are usually reinforced with the use of Validation Texts, which are messages that are displayed when the data entered in the data fields do not conform to the validation rule or when the validation rule is violated.

8 0
3 years ago
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