When a person has several files across different departments in an organization, this is called data C) Redundancy
Redundancy:
- Refers to something being repeated when it shouldn't be
- Can often lead to the repeated copies being deleted
If a company has records of the same person, saying the same thing, across different departments, this is data redundancy as the person's records are being repeated in an unnecessary manner.
In conclusion, the scenario described is data redundancy.
Options for this question include:
A) Repetition
B) Doubling
C) Redundancy
D) Duplication
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Answer:
Ans. The annuity that will be equivalent to the publisher´s advance would be $26.40 per year, for 9 years at 7% interest rate.
Explanation:
Hi, first, let´s bring that $500 to be paid in 9 years to present value, we need to use the following formula.
Where: r is our discount rate (7%) and n the periods from now when she will receive that $500 amount. This should look like this.
Ok, so the equivalent amount of money today of those $500 in nine years is $271.97, but the author wants $100 today so the remaining amount has to be used to find the equal annual payments to be made in order to be equivalent to re remaining balance ($171.97). We now need to use the following equation.
And we solve for "A" like this
Therefore, the equivalent amount of money of $500 in 9 years is $100 today and $26.40 every year, at the end of the year, for nine years.
Best of luck.
Answer:
D) Annual Percentage Rate
Explanation:
The APR is often expressed as the percentage (%). The annual percentage rate (APR) is an attempt to calculate the principal debt you pay during the period (in this year) by taking into account every installment, prepayment, and so on. Annual Interest Rate (APR) is an annual rate for borrowing or investing. APR is expressed as a percentage of the actual annual value of the loan over the term of the loan. This includes any transaction fees or overhead, but is not taken into account significantly. Because loans or loan agreements can vary in terms of interest rates, operating fees, late penalties and other factors, a standard computation such as APR provides borrowers with a bottom line that they can easily compare with interest rates charged by other lenders.
Late fees, also known as overdue fines, late fines, or overdue fees, are charges that a company or organization has not paid a debt on time or has leased or repaid a loan. Late payments are usually calculated on a per-item basis.
Annual Membership Fee means an annual membership fee or similar payment in connection with a Credit Card Agreement. Annual payments are one of the most common of all credit card fees. It is your provider's right to automatically charge your account once a year for the benefits that come with this credit card.
The balance transfer fee is a charge which charged when you transfer a credit card debt from one card to another. Balance transfer fees are common for credit cards offering low entry interest rates. Consumers considering a balance transfer should calculate the total cost of the current debt over time, without accepting a proposal and paying it off.
Answer:
A
B
C
Explanation:
A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
A person should specialise in the production of goods for which they have a comparative advantage. this maximises total output
Calvin has a comparative advantage in making decals because he is faster compared to Hobbes. He should specialise in making decals.
Hobbes has a comparative advantage in making shirts because he is faster compared to Calvin. He should specialise in making shirts
