1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yKpoI14uk [10]
2 years ago
6

If payments were made at the rate of $1183 per second, how many years would it take to pay off the debt, assuming that no intere

st were charged
Business
1 answer:
Neko [114]2 years ago
6 0

Answer: 402 years

Explanation:

Debt is $15,000,000,000,000

Payment per second $1,183

Time taken to pay off = 15,000,000,000,000/1,183

= 12,679,628,064 seconds

Seconds in a year = 60 secs * 60 mins * 24 hours * 365 days

= 31,536,000‬ secs

Time taken in years = 12,679,628,064/ 31,536,000

= 402 years

You might be interested in
Joe reconciles his checking account check register to the penny every month with the bank’s statement. After accurately recordin
sleet_krkn [62]

Answer:

Adjusted balance: 1,801 dollars

Explanation:

Bank statement balance:   1,921

outstanding checks            (300)

bank mistake                     <u>   180  </u>

adjusted bank balance      1,801

Cash account balance:      1,900

service charge                       (25)

Interest earned                          1

car insurance expense       <u>   (75)</u>

Adjusted Balance:               1,801

We adjust each party for mistake and unknow information.

The bank made a mistake and is unaware of the outstanding checks

Joe didn't know about the insurance amount, the service charge nor the interest thus, it need to record and adjust for this value.

5 0
3 years ago
The faculty of a Midwestern business school is comprised of 33 males and 4 females. The past five candidates hired have all been
Kruka [31]

Answer:

The correct answer is letter "D": gender.

Explanation:

Diversity at the workplace refers to the different ages, gender, races, languages, ethnicity, or country of origin of the employees of an organization. Firms can take advantage of the diverse backgrounds of their workers which eventually represents part of the corporation's culture.

Thus, <em>Midwestern business school is facing a gender issue since there are 33 males but 4 females only at work and in the five past screenings the candidates hired were male-only. More females must be hired to balance the gender disequilibrium.</em>

6 0
2 years ago
The following information pertains to Ash Co., which prepares its statement of cash flows using the indirect method: Interest pa
Alborosie

Answer:

$30,000

Explanation:

A supplemental disclosure of cash flow information requires that all the cash paid  in interest during the period must be disclosed.

In Ash's case:

beginning balance interest payable account    $15,000

+ interest expense during the year                    $20,000

<u>- ending balance interest payable account       ($5,000)  </u>

supplemental disclosure =                                  $30,000      

6 0
3 years ago
A company produces 100 cars in the year 2017 but only manages to sell 90 of the cars. In the year 2018 they sell the 10 cars tha
forsale [732]

Answer:

The question has below options:

A. The unsold cars count as inventory investment for 2017. 2018 GDP is not affected.

B.The unsold cars count as consumption spending in 2018.

C. The unsold cars count in the inventory investment category for both years and count as consumption spending in 2018.

Option B is the correct answer

Explanation:

The unsold stock of 10 cars in 2017 is classified as investment  since  the cost of producing them is expected to yield returns in 2018 when they have been sold.

However, the unsold stock of 2017 becomes 2018 consumption of GDP since it relates to household expenditure in 2018, as a result it is accorded such classification.

It cannot be classified as government expenditure as the government is not the one purchasing the vehicle

Also, the ten cars have nothing to do with import or export as they are trade within the domestic economy

7 0
3 years ago
Analyzing macroeconomic events with the IS curve (II):
horsena [70]

Answer and explanation:

a)  

This investment tax credit will lead to a surge in the investment demand, because of the benefits that the firms receive from the investment tax credit. More and more firms will undertake investments leading to an increase causing the IS curve to shift to the right.  

<em>This implies that the output and GDP will increase in the short run.  </em>

(check image file 1 attached)

b)  

The increase in the demand for US goods will lead to an increase in the capital inflow for the country, the exports will increase, and the IS curve will shift to the right.  

<em>This implies that the output and GDP will increase in the short run</em>

(check the attached image file 2)

c)  

US consumers' infatuation with goods and services from New Zealand is going to increase the imports of the country. While it may also reduce the domestic consumption spending. This, however, will affect the country by shifting its IS curve to the left.  

<em>This implies that the output and GDP will decrease in the short ran.  </em>

(check image file 3)

d)  

Though the prices of the houses will fall sharply, increasing the affordability of the houses but the confidence of the people in real estate will be shaken. This would lead to a fall in the housing investment. This fall in investment will shift the IS curve to the left.  

<em>This implies that the output and GDP will decrease in the short run.</em>

check image file 4

4 0
3 years ago
Other questions:
  • On October 5, Cullumber Company buys merchandise on account from Marin Company. The selling price of the goods is $6,650, and th
    15·1 answer
  • Alatan owns a building supply store in Russ County. His trade extends throughout River City, the largest city in Russ County, bu
    5·1 answer
  • Camrim Inc., experienced the following events in 2018, its first year of operation: Performed counseling services for $21,700 on
    8·1 answer
  • The margin requirement on a stock purchase is 25%. You fully use the margin allowed to purchase 100 shares of MSFT at $25.
    15·1 answer
  • Accounts receivable balances are required to be reflected at net realizable value as of the balance sheet date. Use of the allow
    12·1 answer
  • You are asked to compose a job description for the position of director of sales for SaveWell. This is a position you once held,
    5·1 answer
  • The payroll register of Heritage Co. indicates $3,900 of social security withheld and $975 of Medicare tax withheld on total sal
    6·1 answer
  • The map above shows air release, or emissions, sites across the United States. These sites include locations such as smokestacks
    11·1 answer
  • Who is pressuring Mr. Patil to
    9·1 answer
  • What is the safest way to make sure you are using a copyrighted image fairly? A. Do a Google image search. B. Save the image to
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!