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algol [13]
4 years ago
6

3. If the interest rate at the bank for a savings account is 0.03%, how much money would you need to leave in the account for on

e year in order to earn $10 in interest?
Business
1 answer:
yuradex [85]4 years ago
7 0
The amount of interest that is incurred by depositing a certain amount is calculated through the equation,
                                  I = P x r
where I is the interest, P is the principal, and r is the decimal equivalent of the given rate. Substituting the known values,
                                 10 = P x (0.03/100)
The value of P from the equation is 33,333.33. Thus, an amount of $33,333.33 should be deposit to earn $10. 
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The Federal Reserve S role as a lender of last resort involves lending to which of the following financially troubled institutio
ANTONII [103]

Answer: U.S. banks that cannot borrow elsewhere

Explanation:

Lender of last resort is.a situation that occurs when the central bank in a country gives loans to the commercial banks in the country when they are going through financial difficulties.

In this scenario, The Federal Reserve S role as a lender of last resort involves lending to U.S. banks that cannot borrow elsewhere.

5 0
4 years ago
You are considering purchasing a house in Collin County that costs $350,000. You are debating whether to finance the house for 1
Dennis_Churaev [7]

Answer:

d

Explanation:

i believe this should be correct

8 0
3 years ago
HELP ME
Ratling [72]

The option that is true about the Master Layout dialog box is C. Allows you to add a text placeholder.

The Master Layout dialog box simply refers to the tip slide in the hierarchy of slides that is vital in storing information about the side layouts and theme in a presentation.

The Master Layout dialog box is also vital in storing information about background, color, effects, fonts, etc. It also allows the user to add a text placeholder.

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brainly.com/question/25530317

4 0
3 years ago
There are 3 factories on the Momiss River. Each emits 2 types of pollutants, labeled P1 and P2, into the river. If the waste fro
hichkok12 [17]

Answer:

Kindly check explanation

Explanation:

Using table for our evaluation :

____________POLLUTANT

Factories___P1 ______P2 ____COST

__1_______0.1______ 0.45 ___ 1500

__2______ 0.2 _____ 0.25 ____1000

__3 ______0.40 ____ 0.30 ____2000

_________ ≥ 30 ____ ≥ 40 _____ z

Let amount of waste produced by Factories 1, 2 and 3 equal f1, f2 and f3 respectively.

Linear Program that will minimize the cost of reducing pollution by the desired amounts

Min cost:

min z = 1500f1 + 1000f2 + 2000f3

0.1f1 + 0.2f2 + 0.4f3 ≥ 30

0.45f1 + 0.25f2 + 0.3f3 ≥ 40

f1, f2, f3 ≥ 0

4 0
3 years ago
When shipments from a number of sources are combined into one larger shipment going to a single location, the operation is known
Anit [1.1K]

When shipments from a number of sources are combined into one larger shipment going to a single location, the operation is known as warehouse consolidation.

Product Shipments means, for each Performance Period, the quantitative and measurable number of units of a particular Product shipped during that Performance Period.

Cargo is a word used as a noun to describe goods being transported. Shipping is a word that is used both as a noun and as a verb. When used as a verb, it includes the word ship and thus refers to the actual transportation of goods, not necessarily by sea.

Total shipments represent the quantity shipped by regular shippers or the quantity paid by regular shippers during the base period, whichever is greater.

Learn more about shipments here:brainly.com/question/12887070

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7 0
1 year ago
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