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Lesechka [4]
3 years ago
14

If you were to invest $120 for two years, while earning 8% simple interest, what is the total amount of interest that you will e

arn?
Business
1 answer:
Dafna1 [17]3 years ago
6 0
19.2
P=$120
I=8%
T=2yr
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¿Qué es la Biblia y qué significa?
miss Akunina [59]
The Bible is a religious text used by all Christians because it is supposed to be the word of god handed down by Abraham and Moses and in the second testimony (part, which jews don’t believe) it is written primarily by Jesus’ disciples. It matters because it is suppose to be what values the most to believers of Jesus and/or God.
4 0
3 years ago
Diwali Airlines has a contract that gives them the opportunity to purchase up to 10,000,.000 jet fuel at $2.00 per gallon. The c
Ad libitum [116K]

Answer:

Option (D) is correct.

Explanation:

Diwali Airlines has a contract,

Given that,

There is an opportunity to purchase jet fuel upto = 10,000,000 gallons

Price = $2 per gallon

Current market price of jet fuel = $2.26 per gallon

The value of this opportunity:

= Jet fuel needed × (Current market price - $2)

= 6,000,000 gallons × $0.26

= $1,560,000

8 0
3 years ago
Kiev, the manager of an accounting department, helps his cfo in framing the financial policies of his company. in this scenario,
cestrela7 [59]

Kyiv, the manager of an accounting department, helps his CFO in framing the financial policies of his company. in this scenario, Kyiv is carrying out the leadership role of a(n) strategy developer.

The definition of a manager is someone who is responsible for overseeing and motivating employees and directing the progress of an organization. Examples of managers include those responsible for customer service, handling customer disputes, and supervising and monitoring customer service representatives.

A good manager can lead a team and help it grow while maintaining complete control over the business and its performance. These people are the ones who can always adapt to new situations, encourage others to reach their full potential, and achieve their highest goals. A manager is an organizational representative who is responsible for managing the work of a group of employees and taking necessary actions when necessary.

Learn more about managers here

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5 0
1 year ago
As the manager of High Speed Records, you have signed a new artist to the label. There are three different outcomes for investin
STatiana [176]

Answer:

0.2 or 20%

Explanation:

The three possible outcomes, with respective probabilities and returns, as follows

Outcome 1: Probability (P) = 0.35, Return (R) = 0.20

Outcome 2: Probability = 0.25, Return = 0.36

Outcome 3: Probability = 0.40, Return = 0.10.

The expected return will be computed as follows.

Expected Return = (P_{1} *R_{1})  + (P_{2} *R_{2}) + (P_{3} *R_{3})

= (0.35*0.20) + (0.25*0.36) + (0.40*0.10)

= 0.07 + 0.09 + 0.04

= 0.2

Therefore expected return = 0.2 or 20%

4 0
3 years ago
Which of the following statements is TRUE with regard to gross margin?
Naddik [55]

ANSWER: (A)

EXPLANATION: Gross margin is the difference between revenue and cost of goods sold divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold. Gross Margin is often used interchangeably with Gross Profit, but the terms are different.

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3 years ago
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