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UNO [17]
3 years ago
9

10. You have just deposited $1000 in an unusual bank account that pays interest biannually (once every 2 years). If the 2-year i

nterest rate is 8% (total interest over 2 years is 8%, not 8% per year), how much will you have in the account after 6 years? (Answer: $1,259.71)
Business
1 answer:
madam [21]3 years ago
6 0

Answer:

FV= $1,259.71

Explanation:

Giving the following information:

Initial deposit (PV)= $1,000

Number of periods (n)= 3 biannual years

Interest rate (i)= 8% = 0.08

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 1,000*(1.08^3)

FV= $1,259.71

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MNCs can use their global presence toa. take advantage of underpriced labor services available in certain developing countries.
denis23 [38]

Answer:

a. take advantage of underpriced labor services available in certain developing countries.

b. gain access to special R&D capabilities residing in advanced foreign counties.

c. boost profit margins and create shareholder value.

d. avoid regulations and lower tax burdern

Explanation:

Multinational corporation is a company that operates locally in its home country and also aborad. It usually maintains a central office that coordinates business activities.

MNCs have various advantages which includes:

- taking advantage of lower priced labour in developing countries, for example some companies take advantage of cheap labour in China to produce their goods.

- when a company operates in an advanced economy it will take advantage of research and development there.

- regulations and tax burdens can be avoided by setting up manufacturing plants in countries with low regulatory policies.

- MNCs boost shareholder profits by taking advantage of their multiple locations to gain more profits.

7 0
2 years ago
Read 2 more answers
A(n) _____ refers to a situation where a publicly traded company is purchased and then taken off the stock market.
dalvyx [7]
Leveraged buyout/////////////////
4 0
3 years ago
After the elimination period, a totally disabled insured qualified and started receiving benefits from his disability income pol
Andrej [43]
A premium will be waived
7 0
2 years ago
When Bill is alone with Sally, he apologizes by saying, "I'm sorry about getting angry yesterday. I should have informed you soo
Debora [2.8K]

Answer:

  • <u><em>Remedy</em></u>

Explanation:

This question comes with these answer choices:

  • a. remedy.
  • b. rumination.
  • c. responsibility.
  • d. regret.

<h2>Solution</h2>

Saying sorry is not enough in most cases. The apology should include efforts to remedy or reduce the harm caused. Some kind of compensation.  

Bill should find out what consequences his action had on Sally, and thus try to compensate in a way that the negative consequences are eliminated or minimized: is it necessary to replace something?, is it necessary to pay for monetary loss?, are feelings hurt, so that you need to change your behavior to remediate the situation?

Start by establishing the consequences of your action on the offended person and then implement a remedy.

6 0
3 years ago
The controller of Sunland Industries has collected the following monthly expense data for use in analyzing the cost behavior of
Anastasy [175]

Answer:

Variable cost per unit= $7.2 per unit

Explanation:

Giving the following information:

Month Total Maintenance Costs Total Machine Hours

January: $2,590 - 330

February: $2,890 - 380

March: $3,490 - 530

April: $4,390 -  660

May: $3,090 - 530

June: $5,470 - 730

To calculate the variable cost under the high-low method, we need to use the following formula:

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

Variable cost per unit= (5,470 - 2,590) / (730 - 330)

Variable cost per unit= $7.2 per unit

6 0
3 years ago
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