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kkurt [141]
3 years ago
11

George Bennet wants to give his son $20,000 upon completion of his college education. If he invests $5,500 now in an account ear

ning 9% annual interest, approximately how many years will it take for him to achieve his goal
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
6 0

Answer:

It will take 16.09 years.

Explanation:

Giving the following information:

Future value= $20,000

Present value= $5,000

Interest rate= 9%

<u>To calculate the number of years required to reach the objective, we need to use the following formula:</u>

n= ln(FV/PV) / ln(1+i)  

n= ln(20,000 / 5,000) / ln(1.09)

n= 16.09

It will take 16.09 years.

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Each week, radio reaches about what percentage of all adults and teenagers? 94 percent, 91 percent
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If each week radio reaches 94 percent of adults and 91 percent of teenagers, to get the average percentage it gets every week- with adults and teenagers, we have to add the two values and then divide them by two. So 94 + 91 is equal to 185 divided by 2 is 92.5% or 93%.

<span> </span>

5 0
3 years ago
Wendy is a college student in her sophomore year. she is single with no kids, has vegetation paid for by scholarship. what type
AlekseyPX

Answer:

none of the above

Explanation:

6 0
3 years ago
Read 2 more answers
Flint Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2018 at a
Salsk061 [2.6K]

Answer:

JOURNAL ENTRY :

Unrealized holding loss on purchase commitment - - - - - $48,700 Dr.

Estimated liability on purchase commitment ($990,700 - $942,000) - - - - 48,700 Cr.

Explanation:

Given the following :

Agreed purchase price of raw materials in 2018 = $990,700

Market value of raw material at 31, December 2018 = $942,000

JOURNAL ENTRY :

Unrealized holding loss on purchase commitment - - - - - $48,700 Dr.

Estimated liability on purchase commitment ($990,700 - $942,000) - - - - 48,700 Cr.

7 0
3 years ago
Employees at an insurance company were complaining about the form used for evaluating employee effectiveness. Their complaints w
jarptica [38.1K]

Answer:

Procedural

Explanation:

-Procedural justice refers to having a fair and transparent process that is used to make decisions.

-Interpersonal justice refers to treating people affected by a procedure in a respectful way.

-informational justice refers to letting people know why certain decisions were made.

-Distributive justice refers to a fair distribution of resources among people.

According to this, the answer is that their complaints were related to procedural justice because when they complaint about the form used for evaluating employee effectiveness they are talking about the process that is used to make the evaluations.

The other options are not right because the situation doesn't refer to how people is treated, the information of the process or the distribution of resources.

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3 years ago
Question 2 of 10
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Answer:

D. Ability to provide a healthy work environment

Explanation:

The most important skill needed by employers in any field is the ability to provide a healthy work environment. Irrespective of any expertise, a good and healthy work environment is needed for employees so that they can be productive. A healthy environment leads to reduce in injuries and illness thereby providing a stress free environment which in turn leads to an increased productivity.

8 0
3 years ago
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