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Mkey [24]
3 years ago
5

g Suppose you deposit $1,091.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,728.00 _____ years

from today.
Business
1 answer:
Usimov [2.4K]3 years ago
3 0

Solution :

Initial amount is : $1091 .

Rate, r = 0.12 .

Let, amount will be $1728 in t years.

So,

1728 = 1091( 1 + 0.12t )\\\\1 + 0.12t = \dfrac{1728}{1091}\\\\1 + 0.12t = 1.58\\\\0.12t = 0.58\\\\t = \dfrac{0.58}{0.12}\\\\t = 4.8\ years\\

Hence, this is the required solution.

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Exercise: A lot consists of 20 defective and 80 non-defective items from which two items are chosen without replacement. Events
Inessa05 [86]

The probability that both item is defective are  3.84%

The probability that the second is defective is  20%

<h3> What is the probability that both items are defective?</h3>

a) Remember that the question says they are drawn without replacement

hence

(20/100)*(19/99)

= 19/495

= 0.03838383

= 3.84%

b. What is the probability that the second item is defective?

(20/100)*(19/99) + (80/100)*(20/99)

= 0.03838383 + 0.1616

= 0.199999

= 0.2

= 20 percent

Read more on probability here: brainly.com/question/24756209

#SPJ1

5 0
2 years ago
Jamal walker developed a serious infection and spent 6 months in his hospital's intensive care unit. what part of his insurance
Sliva [168]

The answer is Major Medical Expense Insurance. This is a health insurance policy that finances medical expenditures sustained in wounds, disastrous occurrences or lengthy sickness, giving benefit disbursements beyond the base sum funded by the insurance company. This insurance encompasses more than doctor appointments and surgical measures. Most plans cover approximately or entirely your medicine drug charges plus services linked to health care.

4 0
4 years ago
Which of the following is likely to increase a country's gross domestic product (GDP)?
antiseptic1488 [7]

Answer: In macroeconomics, gross domestic product (GDP) is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a determined period, normally one year or quarterly.

GDP can be measured by adding up all the final demands for goods and services in a given period. In this case, the destination of the production is being quantified. There are four major areas of spending: household consumption (C), government consumption (G), investment in new capital (I) and the net results of foreign trade (exports-imports).

And it can also be measured by adding the income of all the factors that contribute to the production process, such as wages and salaries, commissions, rents, copyrights, fees, interests, profits, etc. The GDP is the result of the calculation by means of the payment to the factors of the production. All this, before deducting tax.

Thus the statements "b. An increase in Social Security expenses" as government expenses, "c. An increase in retirement and pension benefits to elderly citizens" as subsidies or transfers, and " d. An individual receiving an annual performance bonus of $5,000" as financial interest are likely to increase a country GDP.

3 0
3 years ago
Read 2 more answers
The accounting records of Whispering Winds Corp. show the following data. Beginning inventory 3,010 units at $6 Purchases 8,130
Sindrei [870]

Answer:

$66,700

b. LIFO = $70800

67807.81

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

(8130 x 8) + [(9090 - 8130) x 6) = 70800

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

(3010 x 6) + [(9090 - 3010) x $8] = 66,700

Average cost = [(3010 x 6) + (8130 x 8)] /

18060

48640

b 65040

5760

7 0
3 years ago
Most child care providers will never find themselves caring for a child with asthma.
madam [21]

The correct answer is False

Explanation:

Child care providers are usually professionally prepared individuals who take care of children, this includes teachers, babysitters, nannies, counselors, etc. Additionally, child care providers can work in specific institutions such as schools or take care and supervise children in the child's home. In most cases, being a child care provider implies dealing with different children and therefore different personalities, needs, and conditions.

Due to this, it is common child care provides find themselves caring for a child with conditions such as measles, food allergies, bronchitis, and even asthma. In the case of asthma, this is can be found in around 10% of children, and therefore it is not extremely uncommon child care providers had to take care of a child with asthma.

4 0
3 years ago
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