Using simple interest, she will have $410 at the end of six months.
Principle = $400
Rate = 5%
Time equals 6 months, or 0.5 years.
Simple interest is equal to PRT/100.
S.I. = 400*5*(1/2)/100
S.I. = 10
Consequently, $400 plus $10 equals $410.
<h3>What is simple interest?</h3>
To calculate the amount of interest that will be charged on a loan, use the quick and easy formula known as simple interest. For the purpose of calculating simple interest, the daily interest rate, the principal, and the number of days between payments are multiplied.
A loan's principal or the first deposit into a savings account serves as the basis for simple interest. Because simple interest doesn't compound, a creditor would only pay interest on the principal sum, and a borrower will never have to pay interest on the interest that has already accrued.
Learn more about simple interests, from:
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Answer:
D) value-based
Explanation:
According to House's 1996 reformulated and improved path-goal theory, Pat is using a value-based leadership style.
This style is associated with strong follower commitment, a defined vision and values that are shared with employees. extreme confidence in the team members' ability, communication/appraisal of expected accomplishments and frequent positive evaluation.
This leadership style is attached to the previous four types in the 1996 reformulation of the famous path-goal theory.
Answer:
3- Device Types
4- Location
Explanation:
These 2 settings can help Marta in targeting the specific audience she wants to.
- Location Settings allows your campaign to reach the location of your choice, where Marta feels that the most relevant audience belongs. For example, if she feels that her customers mainly belong to Houston, so she could specify her campaign to Houston to save money instead of running the campaign in every part of the country.
- Device Type, specifying this category would allow limiting her audience to only specific people who are active on cellphones as mostly that's her customer base.
Answer:
ii. Her accounting profit was $150,000
iii. Her economic profit was $50,000
Explanation:
The computation is shown below:
For accounting profit, it is
= Total revenues - total expenses i.e explicit cost
= $250,000 - $100,000
= $150,000
And, for economic profit
= Total revenues - total cost i.e explicit and implicit cost
= $250,000 - $100,000 - $100,000
= $50,000
Hence, the second and third options are correct
Answer:
$38,880
Explanation:
The calculation of direct material to be purchased is shown below:-
Direct materials to be purchased = (Budgeted Production × Number of raw material per unit) + Ending inventory - Beginning inventory
Direct materials to be purchased = (870 × 44) + 4,500 - 3,900
= $38,280 + 4,500 - 3,900
= $38,880
So, for calculating the direct material to be purchased we simply applied the above formula.
