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Tasya [4]
3 years ago
10

In 1880 five aboriginal trackers were each promised the equivalent of 100 Australian dollars for helping to capture the notoriou

s outlaw Ned Kelley. In 1995 the granddaughters of two of the trackers claimed that this reward had not been paid. The prime minister stated that if this was true, the government would be happy to pay the $100. However, the granddaughters also claimed that they were entitled to compound interest.In 1880 five aboriginal trackers were each promised the equivalent of 100 Australian dollars for helping to capture the notorious outlaw Ned Kelley. In 1995 the granddaughters of two of the trackers claimed that this reward had not been paid. The prime minister stated that if this was true, the government would be happy to pay the $100. However, the granddaughters also claimed that they were entitled to compound interest.How much was each entitled to if theinterest rate was 4%? What if it was 8%?
Business
1 answer:
SSSSS [86.1K]3 years ago
7 0

Answer: If interest rate was 4%= $180.09. If interest rate was 8%= $317.22

Explanation:

Assuming that the aboriginal trackers were promised the $100 at the beginning of the year 1880 and the claim was also made at the beginning of the year 1995.

Number of years from 1880-1995 = 15 years

If the interest rate was 4%

= 100*(1+4%)^15

= $180.09

If the interest rate was 8%

= 100*(1+8%)^15

= $317.22

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Kraft, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2013.
Drupady [299]

Answer:

The amount of pension expense reported for 2013 is $330,000

Explanation:

In order to calculate the amount of pension expense reported for 2013 we would have to use and calculate the following formula according to the given data:

amount of pension expense reported for 2013= $250,000 + ($2,400,000 × 0.10) - ($1,600,000 × 0.10)

amount of pension expense reported for 2013= $330,000

The amount of pension expense reported for 2013 is $330,000

8 0
2 years ago
Business analytics uses _____ to support decision-making activities.
Naddika [18.5K]
The answer is option "a", Business analytics uses "data mining tools" to support decision-making activities.<span>

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4 0
3 years ago
A currency is said to have appreciated when it commands a ____________ amount of a foreign currency. it results in foreign goods
Tasya [4]

A currency is said to have appreciated when it commands a <u>larger</u>, amount of foreign currency. it results in foreign goods becoming <u>cheaper</u> for a country.

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Learn more about Currency here: brainly.com/question/2202418

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4 0
1 year ago
A manager checked production records and found that a worker produced 160 units while working 40 hours. In the previous week, th
Murrr4er [49]

Answer:

(A) Current period productivity= 4 units/hr

Previous period productivity= 3.833units/hr

(B) increase in productivity by 4.356 percent

Explanation:

A manager checkedthe rate of production and found out that a worker produced 160 units while working for 40 hours

In the previous week the same worker produced 138 units while working for 36 hours

(A) The current period productivity can be calculated as follows

= 160 units/40 hours

= 4 units/hr

The previous period productivity can be calculated as follows

= 138 units / 36 hours

= 3.833 units/hr

(B) The productivity growth can be calculated as follows

= current period productivity - previous period productivity / previous period productivity

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= 0.04356 × 100

= 4.356 percent

Hence there was an increase in workers productivity by 4.356 percent

5 0
3 years ago
Which resource management task determines the type, quantity, receiving location, and users of resources?
masha68 [24]

Answer:

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