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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

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The number of new domestic wind turbine generators installed each year in a particular country has been forecast to increase at
kirza4 [7]

Answer:

2030

Explanation:

The computation of the total number of new generators including this year is shown below

Given that

(A) = 100

Common Ratio (r) = 1.15

n = 10

Now

Sum of 10 terms Sn is

= A × (r n - 1) ÷ (r - 1)

= 100 × (1.1510 - 1) ÷ (1.15 - 1)

= 100 × 3.0456 ÷ 0.15

= 2030

We simply applied the above formula so that the total number of new generators could come

5 0
3 years ago
If an issuer files a registration statement with the sec under the securities act of 1933, registration is effective:
Andrej [43]

Answer:

Registration statement for securities under the Uniform Securities Act are effective for One year from the effective date. The SEC accomplishes theses goals primarily by requiring that companies disclose important financial through the registration of securities.

Explanation:

3 0
3 years ago
Does visa debit card consider a credit card? (bank of america?
loris [4]
I don't think so cause they are both different companies.  <span />
5 0
4 years ago
What is the economic process of withdrawing investments from low profit sectors and investing in new activities?
frozen [14]

Answer:

Creative destruction.

Explanation:

In 1942, the term creative destruction was first to be used by the notable Austrian economist known as Schumpeter Joseph.

Creative destruction is the economic process of withdrawing investments from low profit sectors and investing in new activities.

This ultimately implies that, creative destruction is a concerted effort towards the deliberate destruction or dismantling of long standing products, processes, practices, procedures or services in order to give room for innovative ideas and an improved technique for the production (manufacturing) of goods and services. Thus, the old technology or methods of production are dismantled so as to pave way for new technologies, procedures, goods and services.

8 0
3 years ago
The following U.S. Treasury bond is listed in the The Wall Street Journal: Rate Mo/Yr Bid Asked 9.50 Oct 38 135:30 136:04 This $
STatiana [176]

Answer:

6.35%

Explanation:

If you purchase this bond you will need to pay $1,000 x 136.04% = $1,360.40

the coupon rate is 9.5% / 2 = 4.75% or $47.50 every six months

the bond matures in 18 years or 36 semiannual periods

yield to maturity = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]

YTM = {47.5 + [(1,000 - 1,360.4)/36]} / [(1,000 + 1,360.4)/2]

YTM = 37.49 / 1,180.2 = 0.031766 x 2 (annual yield) = 0.06353 = 6.35%

8 0
4 years ago
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