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katrin2010 [14]
3 years ago
14

The interest accrued on $7,500 at 6% for 90 days is: (Use 360 days a year.)

Business
2 answers:
Agata [3.3K]3 years ago
7 0

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment (PV)= $7,500

Interest rate= 0.06/360= 0.00017 daily

Number of periods= 90 days

<u>To calculate the interest earned, we need to use the following formula:</u>

I= [PV*(1+i)^n] - PV

I= [7,500*(1.00017^90)] - 7,500

I= $115.62

ICE Princess25 [194]3 years ago
6 0

Answer:

$112.50

Explanation:

Amount X Rate X Time =

(Principal of the note x Annual Interest Rate x Time expressed in fraction of year (360 days using the "banker's rule") = Interest)

$7,500 x 0.06 = 450

450 x 90 / 360 = $112.50

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Natali5045456 [20]

Answer:

The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.

Explanation:

a)  Spending multiplier = 1/(1 - MPC)

                                     = 1/(1 - 0.8)

                                     = 5

The required shift in spending = change in GDP/spending multiplier

                                                   = $40 billion/5

                                                   = $8 billion

Therefore, The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.

3 0
4 years ago
Allocating a transaction price to multiple performance obligations includes which of the following steps: Consolidate the compon
rjkz [21]

Answer:

The best measure of fair value is what the good or service could be sold for on a standalone basis (standalone selling price).

Explanation:

A performance obligation can be defined as a promise made in a contractual agreement by a seller or service provider to provide goods and services to a customer. This obligation exists only if a customer can benefit from the goods or services provided.

Allocating a transaction price to multiple performance obligations includes;

The best measure of fair value is what the good or service could be sold for on a standalone basis (standalone selling price).

7 0
3 years ago
Zara sources basic products such as white t-shirts from low cost countries because demand is predictable. For trendy products fo
nata0808 [166]

Answer:

<u>efficiency</u>, <u>flexibility.</u>

Explanation:

For the predictable demand, Zara strives for <u>efficiency</u>, and for the unpredictable demand, Zara hopes to achieve <u>flexibility</u><u>.</u>

Zara seeks efficiency for the predictable demand because this type of demand can be programmed and controlled internally, that is, the items of this demand will be used for the production of other items, therefore it is necessary to have an estimate of the future demand, so that can forecast resources to supply demand efficiently.

In the case of unpredictable demand, Zara seeks flexibility, as this demand works according to market and consumption trends.

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3 years ago
Boris works for Nefarious Corp. Boris's job is to steal genetic engineering trade secrets from the Gentle Lamb Company. He does
disa [49]

Answer:

Industrial spy; tool.

Explanation:

An industrial spy refers to an individual who is saddled with the responsibility of covert and an illegal theft of data (informations) such as business trade secrets and other sensitive data, for use by its principal in order to give them a competitive advantage in the industry. Thus, the activities or actions performed by an industrial spy is generally considered to be unethical and may be punishable with an appropriate legal instrument.

In this scenario, Boris works for Nefarious Corp and his job is to steal genetic engineering trade secrets from the Gentle Lamb Company. Boris does this by dating employees of Gentle Lamb Company and stealing their access information (e.g., logon and password).

Hence, Boris is an industrial spy who uses the computer system as a tool.

A tool refers to the device that is being used by a spy to gain an unauthorized access to other people's data (informations).

5 0
3 years ago
HOW IMPORTANT IS INNOVATION TO ENTREPRENEURSHIP?
faust18 [17]

Answer:

   Successful innovation allows you to add value to your business so that you can increase your profits—if you don't innovate well, your business will plateau. Innovation helps you stay ahead of the competition. With globalization and a rapidly changing market, there are more competing businesses than ever before.

<h2><u>Hope This Helped!</u></h2>

8 0
2 years ago
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