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
luda_lava [24]
3 years ago
15

Assume you just deposited $1,000 into a bank CD account with one year until maturity. The interest rate on your deposit is 8% an

d inflation is expected to be 4% over the next year. a. How much money will you have in your bank account at the end of one year
Business
1 answer:
mafiozo [28]3 years ago
6 0

Answer:

amount after 1 year = $1080

Explanation:

given data

deposited = $1,000

interest rate = 8% = 0.08

inflation rate =  4%

solution

we get here amount after one year with 8% of interest rate will become

amount after 1 year = deposited  × ( 1 + rate )^{time}  ................1

put here value

amount after 1 year = $1000 × ( 1 + 0.08)

amount after 1 year = $1080

You might be interested in
Which factor that affects income is within a worker's control?
Paul [167]

Answer: Education.

Explanation: Economic downturn, politics and technology change are factors that affect income that is not within a workers control. The workers can’t single handedly control economic downturn , politics of the nation is another factor that is not within the jurisdiction of the workers which can affect the income, lastly technological change is completely out of the workers control, they have no power over it.

However, Education is the only only factor that can affect workers income that is within the workers control, in a nutshell , a worker willing to get improvement in his or her income is expected to seek more knowledge (education) to improve his skills and he can command more income as a result.

7 0
3 years ago
If a competitive firm can make enough revenue to cover its variable costs, the firm will?
creativ13 [48]

If a competitive firm can make enough revenue to cover its variable costs, the firm will: choose to remain open.

Variable costs are costs that alternate as the amount of the coolest or carrier that a enterprise produces modifications. Variable charges are the sum of marginal fees over all gadgets produced.

They also can be taken into consideration normal charges. fixed prices and variable costs make up the two components of overall price.

Variable costs are costs that change as the quantity changes. Examples of variable costs are raw materials, piece-rate hard work, production substances, commissions, transport prices, packaging components, and credit score card prices. In some accounting statements, the Variable prices of production are referred to as the “fee of goods offered.”

Learn more about variable cost here  brainly.com/question/14107176

#SPJ4

7 0
2 years ago
As a consumer eats additional pieces of pizza, total utility will _____.
lakkis [162]
The answer is Law of Diminishing Marginal Utility.
5 0
3 years ago
Part U16 is used by Mcvean Corporation to make one of its products. A total of 14,000 units of this part are produced and used e
Rus_ich [418]

Answer:

$13400

Explanation:

<u>Workings</u>

Unit of of production

Direct materials - 3.10

Direct labor - 7.70

Variable manufacturing overhead - 8.2

Supervisor's salary - 3.6

Depreciation - 2.00

Allocated general overhead 7.20

Total cost - 31.8

Cost per year = 31.8*14000

445,200

Cost of buying = 25.50

Allocated general overhead - 7.20

Total cost =32.7

Annual cost 32.7*14000 = 457800

Annual opportunity cost of internal production = 26,000

The overall advantage of buying = 26000 - (457800-445200)

= 13,400

6 0
4 years ago
3. Why is it important to fill out a W4 form correctly?
olchik [2.2K]

Answer:

"so that your employer does not hold out too much or too little in taxes

Explanation:

The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck.

7 0
3 years ago
Read 2 more answers
Other questions:
  • What is a trade-off?
    12·2 answers
  • The most common service provided by a real estate agent when selling your home is
    8·1 answer
  • 4) People with few marketable skills are likely to earn much less than people with
    13·1 answer
  • The following information is available for the first month of operations of Diacox Inc., a manufacturer of sports apparel:
    8·1 answer
  • Abbe Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is
    6·1 answer
  • The role of the CEO in setting the ethical tone for a company is:
    6·1 answer
  • The burndown chart is a Scrum created artifact that provides a list of features prioritized by business value. True False
    12·1 answer
  • A perfume advertisement uses classical conditioning to increase product appeal. To do this, it pairs the attractive face of the
    8·1 answer
  • What low-risk investment can provide Kazuo income when he retires?
    6·1 answer
  • A term for physical good that are bought and sold
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!