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
Natali5045456 [20]
3 years ago
5

Fatuma invests a total of $22,000 in two accounts. The first account earned a rate of return of 15% (after a year). However, the

second account suffered a 7% loss in the same time period. At the end of one year, the total amount of money gained was $110.00. How much was invested into each account
Business
1 answer:
Lesechka [4]3 years ago
8 0

Answer:

$7,500 was invested in the account that gained 15%, while $14,500 was invested in the account that lost 7%.

Explanation:

Given that Fatuma invests a total of $ 22,000 in two accounts, and the first account earned a rate of return of 15% after a year while the second account suffered a 7% loss in the same time period, and at the end of one year the total amount of money gained was $ 110.00, to determine how much was invested into each account, the following calculation must be performed:

11,000 x 0.15 - 11,000 x 0.07 = 880

5,000 x 0.15 - 17,000 x 0.07 = -440

8,000 x 0.15 - 14,000 x 0.07 = 220

7,000 x 0.15 - 15,000 x 0.07 = 0

7,500 x 0.15 - 14,500 x 0.07 = 110

Therefore, $ 7,500 was invested in the account that gained 15%, while $ 14,500 was invested in the account that lost 7%.

You might be interested in
This graph shows the marginal cost of producing each
Margarita [4]

Answer:

D) Bike 4

Explanation:

Marginal cost is the additional expense associated with the production of an extra unit. Calculating marginal costs will involve isolating the expense of the last unit from the previous productions.

The graph has already isolated the cost of the extra unit from the previous output.

From the graph, Bike 4 has a marginal cost of 4.

6 0
2 years ago
Read 2 more answers
The profit maximizing behavior of a monopoly is different from that of a perfectly competitive firm in that a monopoly can Quest
Lelechka [254]

Answer:

D) control the desired price and output to maximize profits, but a perfectly competitive firm can only choose the desired output.

Explanation:

Firms competing in perfectly competitive markets are price takers, meaning that they cannot set the price of their products or services, but monopolists can actually set the price of their products or services because their market power is high enough to do so. Also, a monopolist can choose to lower or increase its output depending on the resulting profits.

This excessive market power is the reason why natural monopolies are usually regulated by the governments and many monopolistic firms are forced to split into smaller firms that compete against each other.

7 0
3 years ago
A cost is $11,000 at 1,000 units, $12,000 at 2,000 units, and $13,000 at 3,000 units. Using the high-low method, how much is the
Misha Larkins [42]

Answer:

Fixed costs= $10,000

Explanation:

Giving the following information:

Highest activity cost= $13,000

Highest activity= 3,000 units

Lowest activity cost= $11,000

Lowest activity= 1,000 units

<u>To calculate the unitary variable cost and total fixed cost, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (13,000 - 11,000) / (3,000 - 1,000)

Variable cost per unit= $1

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 13,000 - (1*3,000)

Fixed costs= $10,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 11,000 - (1*1,000)

Fixed costs= $10,000

6 0
3 years ago
If employees are bonded a. it means that they are not allowed to handle cash b. they have worked for the company for at least 10
Ierofanga [76]

Answer:

c. they have been insured against misappropriation of assets.

Explanation:

A company bonds its employees to protect itself against theft by its workers.  Being bonded means securing the money available to customers if a claim is made against the company. Bonding offers compensation to a business should a loss arise through employee's actions.

The law requires companies that handle cash and cash equivalents such as stocks certificates to bond their employees. A company may choose from the various types of bond insurance in the market. For example, employers may use the fidelity bond to protect against employee theft.

6 0
3 years ago
Which of these should you consider while communicating in a diverse workplace?
Ivahew [28]

Answer:

A. Culture

Explanation:

Culture is very important and is reflective of how people communicate and etc. For example, the big business setting in China differs from America, so you would want to know how to be respectful of their culture. In China, when giving and receiving business cards, you have to accept it with two hands, not one hand. Failure to do so will cause you to look rude!

I hope this helps clear things up!

6 0
3 years ago
Other questions:
  • E11-22A (similar to) Question Help The Garver Restaurant Group manufactures the bags of frozen French fries used at its franchis
    6·1 answer
  • Fois Company has two divisions, Division X and Division Y. Division X has a production capacity of 5,000 units of a particular p
    6·1 answer
  • Match each of the definitions that follow with the term it defines.
    10·1 answer
  • Bawl purchased ABC bonds on 1/1/21. Data regarding these available-for-sale securities follow: Cost MV December 31, 2021 $100,00
    5·1 answer
  • Several major Asian and European cities have begun restricting vehicular travel to reduce congestion and/or pollution. Several m
    12·1 answer
  • Elain's Inflatables earns service revenue by providing party planning services and inflatable playscapes. Elaine?'s Inflatables
    13·1 answer
  • Henri wants customers in his specialty tobacco store to feel at home, as if they were in their personal smoking den. He uses lig
    14·1 answer
  • Choose a company you know of that you think is good at innovation, describe at least one innovative thing that company has done.
    9·1 answer
  • The following information was taken from the records of Marigold Inc. for the year 2020: Income tax applicable to income from co
    13·1 answer
  • g 5. Characteristics of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!