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3 years ago

If $3000 is invested at 7% for 6 months, how much simple interest is earned?

2 answers:

3 0

First, you have to do $3000 times .07 (decimal form of 7%). That equals Assuming that the interest is 7% <em>each month,</em> your interest would be $210 a month. Then you would times that by 6 months. That would be $1260.

Slav-nsk [51]3 years ago

3 0

I don't agree with the other answer here. 7% is the amount of interest that can be earned each year, not each month. So, since you would earn $210 over the course of a year, you would earn $105 over six months.

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True or False the following are all examples of Significant Financial Interest (SFI) for NIH.

dexar [7]

Answer:

The answer is: D) a,b, and c

Explanation:

Significant financial interest (SFI) is anything of monetary value, whether that value can be determined or not, that belongs to: an investigator, the investigator's spouse, or any dependent children.

When an investigator receives funding from the NIH it must complete a Declaration Form including all the SFI acquired or discovered in the past year.

Even if the stock worth only $1, it still has monetary value. The same for the $4000 paid to him for consulting work and the royalties worth $10,000.

7 0

3 years ago

Pappy's Toys makes two models of a metal toy—Standard and DeLuxe. Both models are produced on a single machine. The price and co

Molodets [167]

Answer:

a) it will do 210,000 units of standard

b) 127,500 units of standard

19,000 units of deluxe

Explanation:

Standard Deluxe

Sales 115 135

Variable Cost 50 54

CM 165 189

Constrain resource 0.5 1.5

(machine hours)

CM per constrain 330.00 126.00

As the company can use up to 105,000 machine hours It will use as much as it can in doing Standard model which yield a better contribution of the constrain resource.

105,000 machine hours available / 0.5 hours per standard unit = 210,000 units

As there are 230,000 untis available for Standard we can use the entire capacity for standard and achieve the maximum contribution

b) as there isn't enough demand for standard the compay will do the 127,500 and the rest fill it with deluxe:

105,000 hours - 127,500 x 0.5 = 28,500 hours for deluxe

28,500 / 1.5 hours per unt = 19,000 units for deluxe

3 0

3 years ago

Hernandez Builders has a gross payroll for January amounting to $500,000. The following amounts have been withheld: Income taxes

erik [133]

Answer:

The amount of net pay recorded by Hernandez is $380,650

Explanation:

Gross Pay $500,000

Income Tax $63,000

Social security $31,000

Medicare $7,250

Charitable contribution $5,000

Union Dues $10,000

Unemployement Tax $3,100

Net Pay $380,650

Therefore, The amount of net pay recorded by Hernandez is $380,650

6 0

3 years ago

In Chile, one worker can harvest 4 pounds of peppers or 4 pounds of coffee beans. In Argentina, one worker can harvest 2 pounds

Monica [59]

Chile- 4 pounds of coffee beans, Argentina - 16 pounds of coffee beans, is the correct solution of the question.

<h3>Explanation of the question?</h3>

It loses 4 pounds of coffee beans if one worker produces 4 pounds of peppers. As a result, if the worker produces 4 pounds extra peppers, 4 pounds of coffee beans will be lost. As a result, the opportunity cost of generating an additional 4 pounds of peppers for Chile is equal to 4 pounds of coffee beans.

Argentina's case:

It loses 8 pounds of coffee beans if one worker produces 2 pounds of peppers.

As a result, if the worker produces 1 pound of pepper, it loses = 8/2 = 4 pounds of coffee beans.

The worker will lose = 4 * 4 = 16 pounds of coffee beans if he produces 4 pounds of peppers.

As a result, the potential cost of producing an additional 4 pounds of peppers for Argentina is 16 pounds of coffee beans.

Thus, it is 4 pounds of coffee beans, Argentina - 16 pounds of coffee beans.

For more details about about the question, click here:

brainly.com/question/15304707

#SPJ1

8 0

1 year ago

When a firm grants licenses internationally, it is giving foreign companies access to its:?

scoundrel [369]

<span>When a firm grants licenses internationally, it is giving foreign companies access to its trademarks, </span>technology and patents. Having your licenses and business become international is a huge gain for most businesses. When items go international, they have a larger market they can sell their products too, but there are also some risk to it as well. Allowing the foreign countries and companies to see how your products work inside and out benefit them while bringing in more profit to the international licensee.

4 0

3 years ago