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Serga [27]
2 years ago
13

Which category would be the combination of employee benefits in payment for under

Business
1 answer:
Bess [88]2 years ago
8 0

The category would be,

1.) House Rent allowance

2.) Medical Allowance

3.) Conveyance Allowance

4.)Basic Salary


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Sydney saved $10,000 during her first year of work after college and plans to invest it for her retirement in 40 years. how much
Yuliya22 [10]
Given:
P = $10,000, the principal
t = 40 yers, time duration
r = 8% = 0.08, the interest rate
Assume that
n = 12, monthly compounding.

The value after 40 years is
A=P(1+ \frac{r}{n} )^{nt}
nt = 12*40 = 480
1 + r/n = 1 + 0.08/12 = 1.0066667
A = 10000*1.0066667⁴⁸⁰ = $242,737.71

Answer:  $242,737.71

3 0
3 years ago
The concept of economic profit is used for making a decision between your two _______ options. Earning zero economic profit is n
tigry1 [53]

Answer:

The concept of economic profit ....... <u>alternative</u> two options.

If economic profit is positive .......... <u>Current </u>option.

If economic profit is negative............ <u>Other </u> option

Explanation:

Economic Profit is the excess of revenue associated with an option, over its costs (explicit external & implicit opportunity costs).

Example : Revenue - Direct explicit cost of production - opportunity cost (like interest on money invested, salary of job left foregone).

The concept is used to make decision between two<u> alternative</u> options. Given, zero economic profits imply indifference.

Positive Economic Profit implies - one should choose<u> Current </u>option, as it will make <u>Better off </u>, having more benefit than other option

Negative Economic Profit implies - one should choose <u>Other </u> option, as it wil make better off, having more benefit than the former considered option.

8 0
3 years ago
What is the prime rate?
UkoKoshka [18]
I think the answer is A
3 0
3 years ago
Read 2 more answers
Which are indicators that economists use to measure how an economy grows? Select all that apply.
Nat2105 [25]

Explanation:

economists measure its performance by studying the gross domestic product (GDP)

If GDP goes up, the economy is growing; if it goes down, the economy is contracting.

5 0
3 years ago
"The insurance company gets information about gas leakage in several houses that use the same gas provider that your customer do
wlad13 [49]

Answer: $2550

Explanation:

Note that the probabilities of total loss and 50% damage were tripled and the probability of no fire has therefore changed to:

1 - 0006 - 0.024 = 0.97.

The company wants to keep same annual gain from the policy ($750), and the question now is, what would the new premium (N) be which will satisfy this? To get this, we need to solve the equation for:

N:750 = (N - 100,000)(0.006) + (N - 50,000)(0.024) + N(0.97)

Thus, 750 = N - 600 - 1,200, or N - 1,800. Therefore,N= 750+1,800= 2,550.

To account for the added risk which the insurance company is taking by continuing insuring the customer, the premium changes from $1,350 to $2550

4 0
3 years ago
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