1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Agata [3.3K]
3 years ago
7

Janelle earned a salary of $62,000 in 2004 and $80,000 in 2014. The consumer price index was 126 in 2004 and 170 in 2014. Janell

e’s 2004 salary in 2014 dollars is a. $45,953. b. $89,280. c. $107,953. d. $83,651.
Business
1 answer:
Firlakuza [10]3 years ago
3 0

Answer:

d. $83,651.

Explanation:

In this question, we use the proportionate method which is shown below:

Salary in 2014 in dollars equals to

= Salary in 2004 × (Consumer price index in 2014 ÷ Consumer price index in 2004)

= $62,000 × (170 ÷ 126)

= $83,651

Simply we use divide the consumer price index in 2014 by  consumer price index in 2004 and then multiply it with the earned salary in 2004

You might be interested in
taneeka borrowed 12,000 for a car for 6 years at an APR of 7.25% her monthly payment will be $206.03 true or false
GalinKa [24]

Answer:

The actual monthly payment is $206.08, which is slightly higher than the value given in the question, therefore, the given statement is not true.

Step by Step Explanation:

We have been given the loan amount as $12,000, term of loan as 6 years and annual interest rate as 7.25%.

Let us first find the monthly payment for this data, and then we can compare it with the given data to answer the given question.

We know that EMI formula is given as C=\frac{P\cdot r\cdot (1+r)^{n}}{(1+r)^{n}-1}

Upon substituting the given values.

C=\frac{12000\cdot \frac{0.0725}{12}\cdot (1+\frac{0.0725}{12})^{72}}{(1+\frac{0.0725}{12})^{72}-1}\\C=\frac{12000\cdot 0.0060416666\cdot (1+0.0060416666)^{72}}{(1+0.0060416666)^{72}-1}\\C=\frac{12000\cdot 0.0060416666\cdot (1.0060416666)^{72}}{(1.0060416666)^{72}-1}\\C=206.076\\

Therefore, the monthly payment is $206.08.

8 0
4 years ago
As similar case studies, the cheyenne and the comanche are best depicted as examples of:
topjm [15]
The answer is <span>convergent adaptation
</span><span>convergent adaptation refers to a situation when individuals from different lineages  develop a similar feature for the purpose of survival. For the most part, this phenomenon is caused ecause both individuals are also exposed to similar external stimulus
</span>
4 0
3 years ago
Tamarisk, Inc. sells merchandise on account for $2500 to Culver Company with credit terms of 2/15, n/30. Culver Company returns
denis23 [38]

Answer:

$2,254

Explanation:

The computation of the amount of the check is shown below:

= Sale value of merchandise - returned goods - discount amount

where,

Sale value of merchandise is $2,500

Returned goods is $200

And, the discount is 2% of $2,300 = $46

So, the amount of the check is

= $2,500 - $200 - $46

= $2,254

We simply applied the above formula so that the correct amount could come

7 0
3 years ago
Disney starts off its stars with Disney Channel shows, records them on the Disney-owned Hollywood Record label, plays the songs
aalyn [17]

Answer: Option (D)

Explanation:

Here, in this particular case we can state that the goal of these elements introduced by Disney is to evaluate the <em>top-of-mind awareness</em>. This concept is referred to as one of the most important element of consumer behavior and  marketing research. Disney uses this concept as a measure in order to known  how is the brand ranked in the minds of their customers.

3 0
3 years ago
What are equity investments?
snow_tiger [21]

An equity investment generally refers to the buying and holding of shares of stock on a stock market by individuals and firms in anticipation of income from dividends and capital gains. :)

7 0
3 years ago
Read 2 more answers
Other questions:
  • The job seeker's name should be the biggest element of the résumé. <br> True/ False
    13·2 answers
  • A survey by the World Bank indicates that of the companies surveyed; unfortunately, only 30 percent have board-approved policies
    10·1 answer
  • Which of the following are true?
    6·1 answer
  • A paint company strategized three different types of marketing messages to revive customer interest in an older paint product. T
    10·1 answer
  • The supply curve of labor is upward sloping if:____________
    8·1 answer
  • A seller who was selling a Coca-Cola tray from the 1920s used a background that resembled fluffy clouds in a blue sky. The page
    9·1 answer
  • The advantage to departmentalizing by the function performed is Group of answer choices A. increased accountability for product
    13·1 answer
  • What will happen when individuals and businesses are permitted to trade freely over a larger market area?
    5·1 answer
  • Identify the tasks performed by workers in a Production career. Choose all that apply. cleaning and maintaining equipment and to
    9·1 answer
  • Per-capita output is calculated by dividing total output by total population.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!