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Delicious77 [7]
3 years ago
9

The approach to ethical behavior which proposes that actions and plans should be judged by their consequences, thus producing th

e greatest benefit to society with the least harm or the lowest cost is called:__________.
A) individual rights approach.
B) mercantilism approach.
C) utilitarian approach.
D) justice approach.
E) moral imperialism approach.
Business
1 answer:
Alexxx [7]3 years ago
3 0

Answer:

The correct answer is option (C)utilitarian approach.

Explanation:

Utilitarian approach: It is referred to as an action in relative to outcomes and reaction

For example, the cost and net benefits of all group of people based on an individual level. that is, by works towards achieving or aiming for the best for the greatest number while producing the least amount of suffering or harm.

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You made an investment of $12,000 into an account that paid you an annual interest rate of 3.5 percent for the first 5 years and
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Answer:

interest rate r = 6.78 %

Explanation:

given data

investment = $12,000

interest rate = 3.5 percent = 0.035

time = 5 year

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time = next 15 year

to find out

What was your annual rate of return over the entire 20 years

solution

we get here interest rate as

interest rate r = [(1+r)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1     ...................1

here t1 is time period for first 5 year and t2 is time i.e next 15 year and r1 and r2 is rate

now put here value we get

interest rate r = [(1+)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1

interest rate r = [(1+0.035)^{5} * (1+0.079)^{15}]^{\frac{1}{5+15}} - 1

interest rate r = 1.0678 - 1

interest rate r = 0.0678

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