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BaLLatris [955]
3 years ago
13

Beatrice invests $1,410 in an account that pays 3 percent simple interest. How much more could she have earned over a 4-year per

iod if the interest had compounded annually
Business
1 answer:
mixas84 [53]3 years ago
4 0

Answer:

$7.77

Explanation:

The answer would be the difference between compound and simple interest

Simple interest = principal x time x interest

$1,410 x 0.03 x 4 = $169.20

Compound interest = future value - present value

future value = Principal ( 1 + interest)^n

$1,410 ( 1.03)^4 = $1586.96

$1586.96 -$1,410 = $176.97

Difference = $176.97 - $169.20 = $7.77

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Deadweight losses occur when the quantity of an output produced is:
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Deadweight losses occur when the quantity of an output produced is: ... Less than or greater than the competitive equilibrium quantity. Such that the marginal benefit of the output is just equal to the marginal cost.
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2 years ago
Pretax accounting income for the year ended December 31, 2021, was $53 million for Truffles Company. Truffles' taxable income wa
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Answer:

$17,820,000

Explanation:

The amount of tax due to government authorities for the current period is referred to as current portion of income tax expense. It is calculated by product of current or enacted tax rate and taxable income for the period

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3 years ago
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3 years ago
Exxon's response to the 1989 Valdez tanker oil spill in Alaska is an excellent example of a company using thoughtful crisis mana
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Answer:

Exxon's response worsened its public standing.

Explanation:

Crisis management is the application of game plan to help an organization deal with a sudden and significant negative event.

The Exxon's response is a perfect example of how company should apply thoughtful response in crisis management because Exxon corporation failed to follow several well-established procedures thereby damaged its public standing, failed to seize control of developments after the spill and sending lower-ranking executive to address the situation instead of the chairman going there himself to take control of  the situation in a possible way.

The action taken by Exxon led to the impression that the company disregard pollution problem by not involving top management.

6 0
3 years ago
Leaders using the __________ style of leadership are only minimally involved in decision making and encourage group members to m
Alexeev081 [22]
<h2>Leaders using the "authoritarian leadership" are only minimally involved in decision making and encourage group members to make their own decisions.</h2>

Explanation:

  • Authoritarian leadership is also called Autocratic leadership.
  • They take little inputs from the group and has overall control and decision making power.
  • They do not accept advice from others
  • They do not trust others and try to rule everyone.
  • Most of the team members are not allowed to participate in any of the event and not even the immediate subordinate. Team members work like a robot.
  • It often outcomes only adverse effects.
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3 years ago
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