Answer:
Immediately after the fifth deposit the individual will have $54,950 in his account.
Explanation:
For each year you have to calculate the total savings that the indivual has in the account.
The first year, denoted by 
, the individual deposits $20,000 in his account. At the end of the year the interests are accrued on that principal, and the individual also deposits $5,000 more that will bear interests next year. So we have:
And for each year we calculate the total savings accumulated, using the savings of the previous year as this period's principal:
Therefore the answer is $54,949.98.
In general the formula used for each period is the following:
Where:
are the total savings for the current period,
are the total savings from last period,
is the interest rate,
are the monthly deposits made into the savings account.
We further know that 
.
The ethical decision framework is useful for providing guidance to the manager.
<h3>What is an ethical decision framework?</h3>
This is the document that gives a provision of the steps that have to be taken by an organization when they are faced with ethical dilemmas.
The answer to this question is true. The framework is useful for the provision of guidelines.
Read more on ethics here: brainly.com/question/13969108
Answer:
a. Cash freed up by cash management:
= Amount received * speed increased by + Amount disbursed by speed reduced by
= 2,550,000 * 2 days + 1,110,000 * 1/2 days
= 5,100,000 + 555,000
= $5,655,000
b. Interest on freed up cash:
= 5,655,000 * 7%
= $395,850
c.<u> No.</u> It is less than the income earned from interest from freed up cash so it should not be implemented as it brings no additional benefit.
Answer:
D) purchases of both long-term Treasury securities and mortgage-backed securities.
Explanation:
Quantitative easing is basically a large scale purchase of securities carried out by the FED. When the FED purchases long term Treasury securities, or any other type of security including mortgage backed securities, it is increasing the economy's money supply. Since the economy was facing a very deep recession, by increasing the money supply the FED was trying to boost the economy and make it rebound.
It should be noted that an income statement A. Reports the results of operations for a period.
<h3>What is an income statement?</h3>
An income statement simply means the financial statement which shows the income and expenditure of a company.
An income statement reports the results of operations for a period. It's important to know how the company is doing financially.
Learn more about income statement on:
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