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Svetllana [295]
3 years ago
10

Anthony is deciding between different savings accounts at his bank. He has four options, based on how frequently interest compou

nds. Which should he choose if he wants the best rate of return on his interest?
A) Annual Compounding
B) Semi-Annual Compounding
C) Monthly Compounding
D) Daily Compounding
Business
1 answer:
GaryK [48]3 years ago
7 0

Answer: D) Daily Compounding

Explanation:To earn as much interest as possible, Anthony should open a savings account that earns compound interest and has the highest interest rate.

Daily compounding is compounded every day, hence Anthony will get the best rate of return on his interest with this.

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Rather than conversing with long-winded people on the telephone, you may choose to correspond with them via a/an A. personal vis
BartSMP [9]
Hello there~


The correct answer is C - Email message.


Personal visit is not good because you are too busy with other stuff. You can't send them letter because letter wasn't created to chit chatting about business with people. Messenger is too social media thing. So, email is the best.


I hope this helps!
7 0
3 years ago
Read 2 more answers
Wheeler Company can produce a product that incurs the following costs per unit: direct materials, $11.00; direct labor, $25.00,
Oksi-84 [34.3K]

Answer:

$3.20 per unit

Explanation:

In this question, we have to compare the cost between two cases

In the first case, the total cost per unit would be

= Direct materials per unit + direct labor per unit + overhead cost per unit

= $11 + $25 + $17

= $53

In the first case, the total cost per unit would be

= Purchase price + overhead cost

= $48.55 + $17 × 45%

= $48.55 + $7.65

= $56.20

So, the difference would be

= $56.20 - $53

= $3.20 per unit

3 0
3 years ago
You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You e
Artemon [7]

Answer: $28.30

Explanation:

Given the following :

Expected Dividend = $1.70

Earning from share sale at year end = $30

Expected rate of return on investment = 12%

Maximum price of stock :

(Earning from share + expected Dividend) / (1 + return rate)

(30 + 1.70) / ( 1 + 12%)

(30 + 1.70) / (1 + 0.12)

(31.70) / (1.12)

= $28.303571

= $28.30

3 0
3 years ago
You buy one $10 raffle ticket for a newcar valued at $15,000. two thousand tickets are sold. What is the expected value of your
beks73 [17]

The answer is:

a) Gives you the expected value when you have different probabilities for different outcomes outcomes. Like if you were given a probablty table and had to compute the expected value.

b) E(X) = ∑{X * P(X)}

c) You are adding the sum of all the outcomes multiplied by each their individual probabilities for each outcome instead of just one probability.

d) Answer is -$2.50. That is if you spend the $10 for a chance to win $15,000 on average or more than likely you should expect to lose $2.50.

The expected value, also known as expectation, expectancy, mathematical expectation, mean, average, or first moment, is a generalization of the weighted average in the field of probability theory. Informally, the anticipated value is the arithmetic mean of a significant number of outcomes of a random variable that were independently chosen.

Learn more about expected value here:

brainly.com/question/28197299

#SPJ4

5 0
2 years ago
Scenario: Roberto Baldwin
Karolina [17]

Answer:A. Increases its connectivity with people and organization in other parts of world

Explanation:

Globalization occurs when a firm is able to break down the communication or distance barriers with firms and people of other nations and interact with them economically or otherwise as if they are whithin the same geographic boundaries.

The advent of communication and internet facilities have facilitates globalization with it's accompanying advantages and disadvantages.

7 0
3 years ago
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