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Aleks04 [339]
3 years ago
14

Your bank account pays a 5% nominal rate of interest. The interest is compounded quarterly. Which of the following statements is

CORRECT? a. The periodic rate of interest is 1.25% and the effective rate of interest is greater than 5%. b. The periodic rate of interest is 5% and the effective rate of interest is greater than 5%.
Business
1 answer:
Marta_Voda [28]3 years ago
3 0

Answer:

D . The periodic rate of interest is 1.25% and the effective rate of interest is greater than 5%

Explanation:

Nominal rate = 5% compunded quaterly

  rate of interest per quarter = 5% / 4

  = 1.25%

  effective rate of interest = ( 1 + 5% / 4 )4 - 1

  = ( 1 + 0.0125)4  - 1

  = 1.05094 - 1

  = 5.094%

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Answer:

Answer is option A, i.e. systematic sampling.

Explanation:

Systematic sampling is the type of probability sampling method of selection of samples out of the given group of homogenous nature. In this method, every Kth sample is selected until the required amount is obtained. Here, Chrysler selects every 16th van until he is successful in obtaining the 80 vans. Thus, Chrysler is using a systematic sampling method here.

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3 years ago
Explain the difference between direct and indirect strategy when writing reports​
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A direct report is an employee who formally reports to you. This generally means that you are directly responsible for assigning them work and managing their performance. An indirect report are the employees who report to your direct reports and their subordinates.

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3 years ago
Read 2 more answers
You have $11,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with
iogann1982 [59]

Answer:

  • Invest $8,470 in X
  • Invest $2,530 in Y.

Explanation:

The following expressions can be formed;

Let x and y be the proportions

x + y = 1

0.15x + 0.1y = 13.85%

Expressing y in terms of x;

x + y = 1

y = 100 - x

0.15x + 0.1 ( 1 - x) = 13.85%

0.15x + 0.1 - 0.1x = 13.85%

0.05x = 13.85% - 0.1

x = 13.85%0.05 - 0.1/0.05

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Invest in Y

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5 0
3 years ago
The Humongous Food Store (HFS) has a turnover ratio of 12. The turnover ratio is revenue divided by average inventory. This mean
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Answer: compare his turnover ratio to other grocery stores' ratios.

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2 years ago
Chief financial officer Barry submits travel and expense reports that are completely genuine and encourages employees in his div
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Answer:

<u>Leading by example</u>

Explanation:

Chief financial officer Barry submits travel and expenses reports that are completely genuine and encourages employees in his division to always give accurate and correct information . Barry is using the ethical initiative called <em><u>leading by example.</u></em>

Leading by example is a good quality of any leader . When a leader explain or tell anything to its team by using examples then it motivates the team , they thought that when he/she ( the person used in example) can do , then they also can do this. The leaders who used leading by example quality will make themselves as well as his team to follow him. These is a good technique to strengthen and inspire the people. It is the responsibility of the leader to guide their teams .

7 0
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