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Bond [772]
3 years ago
12

After an initial investment of $20,000, Joseph's bank account has earned $16,000 in interest over the last 10 years. At what rat

e is he earning interest
Business
1 answer:
Daniel [21]3 years ago
6 0

Answer:

what rate is he earning interest

Interest rate is 8%

Explanation:

I = C·i·t,

C Initial Investement

i Anul interest rate

t time

 

16000=20000*i*10

16000=200000*I

I=16000/200000

I=0,08

I=8%

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Department S had no work in process at the beginning of the period. It added 12,200 units of direct materials during the period
galben [10]

Answer:

Cost of completed units = $158,240

Explanation:

<em>Cost of completed units = Cost per equivalent unit × no of units</em>

<em>Equivalent unit = Degree of completion × units of work</em>

<em>Equivalent units of material</em>

( 9200× 100%)   + (3000×100%) = 12,200 unit

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the two principal policy tools that the federal government uses to manage economic conditions are monetary policy and fiscal pol
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Monetary policy is used to control the size of the money supply to stimulate or moderate business activity levels in the economy. in contrast, fiscal policy uses government spending and taxation to do the same.

<h3>What is monetary and fiscal policy?</h3>

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Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes. Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

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7 0
1 year ago
On December 31, 2020, BEL Company had 300,000 shares of common stock issued and outstanding. BEL issued a 5% stock dividend on J
KIM [24]

Answer:

297,500 shares

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Weighted average number of shares are used to calculate the basic earning per share.

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