Answer:
$4,267,059
Explanation:
to determine the equivalent amount of money between 1924 and 2008, we must divide the 2008 CPI by the 1924 CPI, and then multiply by $36,000:
= (2015 / 17) x $36,000 = 118.53 x $36,000 = $4,267,059
The consumer price index measures the weighted price of basket of goods . It is useful for calculating inflation and comparing how the purchasing value of the US dollar has decreased in time. Basically what this shows us, is that $1 in 1924 would purchase the same amount of goods as $118.53 in 2008.
Answer:
8.99%
Explanation:
For this question we use the PMT function that is presented on the excel spreadsheet. Kindly find it below:
Given that,
Present value = $975
Future value = $1,000
Rate of interest = 9.25% ÷ 2 = 4.625%
NPER = 25 years × 2 = 50 years
The formula is shown below:
= PMT(Rate,NPER,-PV,FV,type)
The present value come in negative
So, after solving this, the PMT is $44.96
Now the annual PMT is
= $44.96 × 2
= $89.92
So, the coupon interest rate is
= $89.92 ÷ $1,000
= 8.99%
Answer:true
Explanation: just took the test
If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
<h3>What is Road traffic offense?</h3>
A road traffic offense refers to any act that violated the Road traffic rule.
Some road traffic offense apportioned for a typical road traffic offense includes:
- suspension of driver license
- fines etc
In conclusion, If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
Read more about road traffic offense
<em>brainly.com/question/1138029</em>
Resource management effectively develops and uses the resources of the organization. Credentialing recognizes and confirms the personnel.
<h3>What is credentialing?</h3>
Credentialing is a process that involves the documentation of the individual of the organization or the corporation so that the true and fair authentication and qualification of the person associated are ensured.
It is an essential function of the management that confirms the skills and requirements of the person that will be an asset to the organization. The qualifications of the person required will be established and can be approved.
Therefore, credentialing is used to determine and affirm.
Learn more about credentialing here:
brainly.com/question/12670472
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