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Crank
3 years ago
8

You want to invest $18,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that

pays a nominal rate of 6% that is compounded semiannually. What is the effective rate of return that you will earn from this investment
Business
1 answer:
insens350 [35]3 years ago
3 0

Answer:

The correct solution is "6.09%".

Explanation:

Given:

Nominal rate,

= 6%

or,

= 0.06

As we know,

⇒ EAR = [(1+\frac{APR}{m} )^m]-1

By substituting the values, we get

             =[(1+\frac{0.06}{2} )^2]-1  

             =[(1+0.03 )^2]-1

             =1.0609-1

             =6.09 (%)  

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3 years ago
The global-standardization strategy arises out of the combination of: Question 7 options: 1) high pressure for cost reductions a
kati45 [8]

Answer:

The correct answer is the option 1: high pressure for cost reductions and low pressure for local responsiveness.

Explanation:

To begin with, the concept known as <em>"Global Standardization"</em>, in the field of marketing and business, refers to the strategy that the companies can use when they decide to implement the same marketing strategy or campaign to every country in where the organization works. Therefore that the term refers to the standardization of the strategy that the company use in the marketing area to the whole globe due to the fact that mainly they look for the reduction of the costs and also because the pressure from the local responsiveness from the other foreign countries tend to be very low.

3 0
3 years ago
Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The
Dafna1 [17]

Answer:

Roanoke Company

The standard direct materials cost per bar of chocolate is:

= $0.33.

Explanation:

a) Data and Calculations:

A batch of chocolate = 1,827 bars

Standard Costs for a batch:

Ingredient   Quantity      Price

Cocoa          600 lbs.    $0.40 per lb.

Sugar            180 lbs.    $0.60 per lb.

Milk              150 gal.      $1.70 per gal.

Ingredient   Quantity      Price                 Total Cost

Cocoa          600 lbs.    $0.40 per lb.      $240.00 (600 * $0.40)

Sugar            180 lbs.    $0.60 per lb.         108.00 (180 * $0.60)

Milk              150 gal.      $1.70 per gal.     255.00 (150 * $1.70)

Total cost of batch of chocolate =         $603.00

Cost per bar = $0.33 ($603.00/1,827)

5 0
3 years ago
what is the true difference between consultative leadership and participative leadership in decisiion making?
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A leader who shares decision-making with organization participants. 3 subtypes of participative leaders consist of consultative, consensus, and democratic. Consultative leaders confer with subordinates earlier than you make a decision; but, they maintain the authority to make very last selections.

Consultative leadership fashion is set growing the capacity to persuade people in place of enforcing their authority on them, enticing the subordinates or employees efficiently in the decision making. Such leaders ask humans for their minds & permit them to technique the problem and locate a nice feasible solution. The consultative chief uses the talents, thoughts, and enjoyment of others, however, the final choice is made by using a leader. Such a leader has interacted with his time or more important tasks, gives proper popularity, and evaluates all the alternatives before making the very last choice.

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Learn more about participative leadership here brainly.com/question/20464132

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5 0
2 years ago
On a backpacking trip through Europe, Troy spent 20 Swiss francs to stay one night in a youth hostel. If the foreign exchange ra
GREYUIT [131]
He spent 9.09 american dollars.

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3 years ago
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