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ANTONII [103]
3 years ago
5

First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest

compounded annually. If you made a deposit of $17,000 in each bank, how much more money would you earn from your Second City Bank account at the end of 9 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
kogti [31]3 years ago
6 0
Wowing I just got home from church I toeow go get home now I got home I
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In regard to Project Work, which activity refers to reviewing the progress and capturing project performance data with reference
Ede4ka [16]

Answer:

The correct answer is: monitor.

Explanation:

Monitor in regards to the Project Work implies all the activities related to supervising if the objectives set by an organization are being achieved. Monitoring aims to spot deficiencies to mitigate them to keep the firm's core achievements intact. It involves analyzing and measuring employees' performance and reporting them to take action.

6 0
3 years ago
An approach to managing organizations that emphasizes division of labor and favors hierarchy is the _______________.
mixer [17]

An approach to managing organizations that emphasizes the division of labor and favors hierarchy is the classical management approach.

Hierarchy is a system for placing people in different ranks or degrees of importance in society, company, etc. Like most other American companies with strict hierarchies, workers and managers had clear obligations. The lower the level of the pyramid, the more important your needs.

Hierarchy definition is a group of people or things arranged in a hierarchy or people at the top of such a system. An example of a hierarchy is the corporate ladder. An example of a hierarchy is the various levels of priests in the Catholic Church.

Learn more about hierarchy at

brainly.com/question/1785981

#SPJ4

5 0
2 years ago
Sanctions are a type of trade restriction that is ineffective in forcing change in other countries.
Nikolay [14]

<span>The answer to this question is False. Sanctions do not only rarely achieve their goal of forcing change in the targeted country, but they also tend to produce collateral economic damage in the nations that do apply them.</span>

3 0
3 years ago
As the CEO of a conglomerate, Eva Morris exhibited her strong commitment toward the company's core value that customers' well-be
jenyasd209 [6]

Answer: social responsibility of business to customers

Explanation:

social responsibility of business is the voluntary roles which business play in the society

It is the moral obligation that business owes the society, in other words, it refers to the ways in which business enterprises could assist to develop the local communities in which they operate.The business can have responsibilities towards the following

Owners : The business has it as a responsibility to protect the investment of its owners. It has to ensure that a reasonable return is earned on such investment, in addition, efforts must also be geared toward ensuring the growth of the business.

Customers : The business responsibility to their customers include the production and distribution of high quality goods and services advertising correct and not defective goods and services, labelling goods clearly and correctly, offering and explaining credit facilities and adopting after sales services. The business must recognize that the ultimate success or failure of the business rest to a large extent with the customers, The business must ensure that they do not sell to their customers fake product or produce products which may be injurious to the health of their customers.

Employees : The employees are the Labour component of the factors of production, the responsibility of the business to their employees is to pay commensurable salaries and provide satisfying work ,job security and good working conditions for their employees.

Creditors : The creditors are those individuals or organizations whom the business owe money.It is the responsibility of the business to repay these debt as they fall due.It is equally essential for business to cultivate a good culture of debt management.

Government : The business has a responsibility to obey the various government laws guiding business operations. It must also pay its taxes at the right time and contribute to the economic development of the country.

8 0
3 years ago
Cache Creek Manufacturing Company is expected to pay a dividend of $4.20 in the upcoming year. Dividends are expected to grow at
Digiron [165]

Answer: 0.9

Explanation:

The Expected Return on an investment can be calculated using the Dividend Discount Model as it is a key component in thw formula which is,

P = D1 / r - g

where,

D1 is the dividend paid next year

P is the current stock price

g is the growth rate

r is the expected return

With the given figures we have,

84 = 4.20 / r - 0.08

84 ( r - 0.08) = 4.20

r - 0.08 = 4.20/84

r = 4.20/84 + 0.08

r = 0.13

The Expected Return can be slotted into the CAPM formula to find the beta.

The CAPM formula calculates the Expected Return in the following manner,

Er = Rf + b( Rm - rF)

Where,

Er is expected return

Rf is the risk free rate

Rm is the market return

b is beta

Slotting in the figures gives,

0.13 = 0.04 + b( 0.14 - 0.04)

0.13 = 0.04 + b (0.1)

0.13 - 0.04 = 0.1b

b = 0.09/0.1

b = 0.9

Using the constant-growth DDM and the CAPM, the beta of the stock is 0.9

8 0
3 years ago
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