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
VLD [36.1K]
3 years ago
5

Susan put her savings into a mutual fund that paid a nominal interest rate of 3 percent a year at the beginning of 2005. The CPI

was 225 at the beginning of the year and 232 at the end of the year. Susan earned a real interest rate of _____ percent a year. Round your answer up to the second decimal. 3 3.11 -0.11 0.11
Business
1 answer:
Kay [80]3 years ago
4 0

Answer:

-0.11% a year

Explanation:

Susan's real interest rate is the nominal rate of her investment subtracted by the percentage increase in CPI.

The percentage increase in CPI for 2005 was:

CPI = \frac{232-225}{225}*100 \% \\CPI= 3.11 \%

Therefore, Susan's real interest rate (i) was:

i = 3.00 - 3.11\\i = -0.11 \%

You might be interested in
According to revised weight-loss prediction equations, a deficit of 10 kilocalories per day leads to an average weight loss of _
Nat2105 [25]
<span>According to revised weight-loss prediction equations, a deficit of 10 kilocalories per day leads to an average weight loss of one pound over a 3-year period. Also if you noticed that during your losing of weight program you slowed down, it means that you have to increase your physical activity to compensate for it.</span>
6 0
3 years ago
If the physical count of the inventory revealed $158,000 of merchandise on hand and the inventory records reported $163,000, wha
krek1111 [17]

The necessary adjusting entry to record inventory shortage would be:

“Cost of Merchandise Sold debit $5,000; Merchandise Inventory credit $5,000.”

Cost of Merchandise Sold is the cost of goods and services that correspond to sales made to customers. In this case, we need to decrease ending inventory by the quantity of these goods ($5,000) that either were shipped to customers or assigned as being customer-owned under a certain agreement. Meanwhile, the merchandise inventory is the cost of goods on hand and is available for sale ($5,000).

 

<span> </span>

6 0
3 years ago
A company has the following liabilities at year end:
lisov135 [29]

Answer:

B) $16,000

Explanation:

Current liabilities are debt that must be paid within a 12 month period.

The total value of the notes payable is $355,000, but only $16,000 is due within 12 months. The $175,000 of short term debt has been refinanced and reclassified as long term debt. The $25,000 of deferred tax liability is also non current.

4 0
3 years ago
An rn is a supervisor in an organization that has total quality management (tqm) as the backbone of its organizational goals and
miss Akunina [59]
The supervisor can create unit teams. These teams are different from assigning nurses to different rooms or patients. As teams they work together to ensure the patient's care is monitored, documented and on time.

On a unit floodgates three elements are important. Some examples are; (1) monitoring vital signs at the correct intervals, (2) properly documenting all treatments and recording vital signs, and (3) medications are given autocorrect times and documented.

All of these elements include aspects of TQM. The medical record has to correctly reflect the patient's care. Errors can be very subtle. If you aren't paying attention, you could put outnumber in it that incorrect. If you are interrupted, there is a possibility of incorrect documentation.

Timely bringing to attention abnormalities to the supervisor or doctor, can be crucial.

I he this is sufficient. It's about "doing the right things right, all the time, every time."
3 0
3 years ago
You are closing the accounts you used to bill the project costs, but you still have some lingering expenses. Which best practice
Gre4nikov [31]
Project management and managing finances are often seen as two separate things. On the face of it, this makes sense. After all, projects focus on the delivery of assets and accounting on recording and interpreting financial transactions.

But, these two aspects on their own only tell half the story. The success of any project relies on project management and billing working together.
3 0
3 years ago
Other questions:
  • The relationship between average and marginal variables can be stated as follows: if the marginal is greater than the average, a
    12·1 answer
  • Companies set rules about workplace conduct in order to
    14·1 answer
  • If you were interested in evaluating the profitability of a company and could have only limited historical data, would you prefe
    14·1 answer
  • Palmona Co. establishes a $200 petty cash fund on January 1. On January 8, the fund shows $97 in cash along with receipts for th
    12·1 answer
  • Changing prices to attract customers is most difficult in a
    14·1 answer
  • ​O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the
    5·1 answer
  • The Giles Agency offers a 12% trade discount when providing advertising services of $1,000 or more to its customers. Audrey’s An
    8·1 answer
  • The following information was taken from the records of Marigold Inc. for the year 2020: Income tax applicable to income from co
    13·1 answer
  • What options are available on the Group, Sort, and Total pane? Check all that apply.
    7·2 answers
  • The minimum amount (planned) of fuel to be aboard a domestic flight within the 48 contiguous united states, after reaching the m
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!