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
At the end of the year, the deferred tax asset account had a balance of $4 million attributable to a temporary difference of $16
Alex

Answer:

1 . Dr ncome tax expense 7

Dr Deferred tax asset 4

Cr Income tax payable 11

2. Dr Income tax expense3

Cr Valuation allowance-Deferred tax asset3

Explanation:

Preparation of Journal entries

JournalDebitCredit

(In million)

1 . Dr ncome tax expense 7

($11-$4=7)

Dr Deferred tax asset 4

($16× 25% = $4)

Cr Income tax payable 11

($44 × 25% = $11 )

2. Dr Income tax expense3

Cr Valuation allowance-Deferred tax asset3

(3/4 × $4) = $3 million

Deferred tax asset= ($16× 25%)

Deferred tax asset= $4 million

Income tax payable= ($44 × 25%)

Income tax payable= $11 million

5 0
3 years ago
How does the Federal Funds Rate affect consumers looking to take out a loan?
Artyom0805 [142]

Answer:

The federal funds rate is the rate at which banks borrow money overnight. When the Fed wants to stimulate the economy, it will lower the short-term funds borrowing rate. In response, banks typically lower the interest rates they charge to consumers for a variety of loans.

6 0
3 years ago
How Do Earthquakes Form Will Give Brainliest
densk [106]

Answer:

Earthquakes happen when the boundaries of the Earth's tectonic plates bump and slide past one another; sometimes, they get stuck on jagged edges and cause earthquakes once they are released. These earthquakes are always followed by aftershocks starting from the same epicenter.

Explanation:

The Earth's four main layers are the inner core, outer core, mantle and crust. The crust and the mantle make up a "skin" on the outside of the planet, but is not made of a single piece. The pieces of the mantle and crust are called tectonic plates with the outer edges of each of them called plate boundaries. The section where two plates meet and move is called a fault. As each of the plate boundaries get caught on each other, the rest of the tectonic plate keeps moving and energy begins to store at the point of friction.

When the energy overcomes the friction caused, all of the energy is released and radiates from the epicenter. These waves of energy are called seismic waves and ripple like water on a pond when a stone is dropped in. They often reach the surface of the planet where everything starts to shake. This is why cities or towns that are located near faults are more likely to feel earthquakes than those in the center of a tectonic plate.

4 0
3 years ago
Consider the example of an individual in a grocery store examining two cans of peaches, Alpha Peaches and Beta Peaches. If Alpha
Wittaler [7]

Answer:

True.

Explanation:

True, The given situation is true because the pleasure (utility) provided by Alpha is greater than the pleasure (utility) provided by the Beta. Therefore, a rational person will buy only that commodity which has a higher utility. Here, we can see the Alpha provides 10 units of utility or pleasure per dollar while Beta provides 8 units of utility or pleasure per dollars. So, only Alpha will be chosen.

7 0
3 years ago
Jose has been asked to conduct a needs assessment for an operational department. What is the first step he should take?.
Dimas [21]

Jose needs to offer a suggestion.

An operational assessment looks at an operation's present procedures, tools, software, formats, personnel, stock mix, management techniques, and other factors in order to identify areas for improvement.

A needs analysis is crucial because it enables a business to identify any gaps that might be preventing it from achieving its preferred goals. These gaps might be in either knowledge, practices, or abilities, according to Anthony J. Jannetti in A guidebook to doing a desires assessment and a gap evaluation.

The definition of operational needs is "non-procedural obligations that consume staffing resources." Those jobs are further excluded from the trying-out process and are significantly more operational in character than indirect-effort tasks.

Learn more about management techniques, here-

brainly.com/question/10157064

#SPJ4

6 0
9 months ago
Other questions:
  • Property taxes in a particular district are 4% of the purchase price of a home every year. If you just purchased a $250,000 home
    9·1 answer
  • Laird's project group in his communication class selected the topic of improving services for nontraditional students on campus.
    7·1 answer
  • Middle managers spend most of their time a. on the telephone. b. managing inventory. c. in meetings. d. implementing plans of to
    12·1 answer
  • In a transaction that is subject to a licensee buyout agreement, if the buyer defaults the seller may:
    12·1 answer
  • During the current year, Robby’s Camera Shop had sales revenue of $169,000, of which $68,000 was on credit. At the start of the
    7·1 answer
  • 4. Operating Cash Flow [L02] In comparing accounting net income and operating cash flow, name two items you typically find in ne
    8·1 answer
  • While inserting an array function the excel user must press
    12·1 answer
  • If the CPI is 170 at the beginning of the year and 181 at the end, and the bank is paying a nominal interest rate of 6 percent,
    13·1 answer
  • A stock has an average expected return of 9.7 percent for the next year. The beta of the stock is 1.34. The T-Bill rate is 5.2%
    8·1 answer
  • Your project to obtain charitable donations is now 30 days into a planned 40 day project. The project is divided into 3 activiti
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!