His total interest after three years is $1,135. 30.
<h3>What is interest?</h3>
Interest refers to money that is received in an investment or a loan. It is always a percentage of the principal sum.
For the first investment;
I = PRT/100 = $3,000 × 2.7 × 3/100 = $243
For the second investment;
A = P(1 + r/n)^nt
A = 5000(1 + 0.018)^3
A = $5275
I = $5275 - $5000 = $275
For the third investment
A = 5,000(1 + 0.00975)^(4 × 3)
A = $5617
I = $5617 - $5,000 = $617
Total interest = $617 + $275 + $243 = $1,135. 30
Learn more about compound interest:brainly.com/question/25857212
Answer:
B. Accurate prediction of honesty
Explanation:
Interviews are one of the most effective tools that human resource managers use to determine if a candidate is a match or not for a specific job. Flexibility is the key word here. That allows both the candidate and the interviewer, the possibility of understanding what are the skills needed for a certain job and if the candidate possesses them. When someone answers a test, you can tell if the candidate knows about the subject or not, but when he/she is interviewed, you can ask for more detail and examples that help clarify the candidate's ideas, expectations and capabilities. E.g. a candidate states that he/she knows how to use WordPress very well, and the interviewer can ask him/her about specific tasks to verify if that is true.
Answer: $250,000
Explanation:
The amount at which buildings and equipment will be reported in consolidated statements immediately following the acquisition will be the value of the book value of Primo's equipment which is $50,000 plus Secondo’s book value of its buildings and equipment which is $200,000.
Therefore, the answer will be:
= $50,000 + $200,000
= $250,000
Answer:
Check the following explanation and images attached
Explanation:
The assumptions in single-server queue theory include: -
Unlimited calling population may enter the queue
Arrivals are random and independent but average number of arrival does not change.
Single waiting line and arriving customers are patient customers who can wait in the queue before they can be served regardless of the length of the line.
Arrivals are served on FIFO basis
Service time of one customer may vary from that of another customer.
Single server and service time is as per the negative exponential probability distribution.
Average service rate is greater than average arrival rate.
Answer: Measurement and presentation of financial performance
Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.
The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.
Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.
