Answer:
The answers are:
a. Jim's average balance over one year is $6339 (using an integer)
b. Jim will receive $76 as a bonus
Explanation:
For the future value of a deposited amount compounded continuously, the formula below is used:
where:
F = Future value
P = present value = $6000
е = Euler's constant = 2.7183
r = interest rate in decimal = 5.5% = 5.5/100 = 0.055
t = time in years = 1 year
∴
<em>Note that the constant 'e' can be used directly on the calculator</em>
Future value = $6,339 [ to the nearest integer(whole number)]
b. 1.2% of the average balance = 1.2% of 6,339
= 1.2/100 × 6339
= 0.012 × 6339 = $76.07
= $76 ( to the nearest integer)
Answer:
$3 is Zoe's Bakery marginal cost and Short run profits are $150.
Explanation:
As a change in quantity is not specified, then, The Marginal cost is the average variable cost of producing 1 unit ($3). And the profit at 150 units produced and sell at a price of $5 is $150 as revenue is $750 and total cost is $600.
Answer:
Purchasing Agent
Explanation:
Purchasing agents work in the procuring department under the purchasing manager. Their role is to procure supplies, equipment, and services for a company. Purchasing agents ensure the business operations do not stop due to lack of supplies.
Ideally, purchasing agents should be good negotiators. They have to balance cost and quality when purchasing. The objective is to buy the best quality of goods or services for the lowest price and adequate quantities.
Answer:
13. Charlie would be excluded for cause;
14. the plaintiff provides proof only up to the level of “clear and convincing,” Casey can still be acquitted.
Explanation:
Since it was realised that Charlie has a relationship with on of the parties summoned for a case, this will lead to Charlie been removed and excluded for cause. This is because it is believed that due to the fact that he has a relationship with the person, there may be bias which may lead to a false outcome regarding the case.
For the second question, Cash can be acquitted if there's proof which is provided by the plaintiff and the proof is clear enough and convincing.
