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2 years ago

If you were paid $952 today, and you invested it at a 5% interest rate, how much would you have a year from now?

Business

1 answer:

myrzilka [38]2 years ago

3 0

Answer:

Depends on if its simple or compund bu since your investing to earn, ill estimate they want the compound answer which is 999.60 which can be rounded to $1000. If they want it rounded, its $1000 if they dont, it's none of the above

Explanation:

A=P(1+r)t

A=952(1+0.05)1

A=952(1.05)1

A=952(1.05)

A=952x1.05

A=999.60 which can be rounded to 1000

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A bank can offer which of the following

konstantin123 [22]

Answer:

Checking Account, Savings Account, Safety Deposit Box

Explanation:

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Commercial banks are also known as deposit-taking institutions. Deposits facilities offered by banks include

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3 years ago

For the month of May, the company planned for activity of 112 births, but the actual level of activity was 114 births. The actua

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Answer:

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3 years ago

The ________ of the term structure states the following: the interest rate on a long-term bond will equal an average of short-te

rjkz [21]

Answer:

liquidity premium theory

Explanation:

The liquidity premium theory states that those that invest in bonds do prefer high liquid as well as securities that are short-dated so that it can be sold fast compare to long-dated ones. It states that investors do get compensation for higher default risk when there is change in interest rate.

It should be noted that The liquidity premium theory of the term structure states the following: the interest rate on a long-term bond will equal an average of short-term interest rates expected to occur over the life of the long-term bond plus a term premium that responds to supply and demand conditions for that bond.

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3 years ago

Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-

olga55 [171]

Answer:

Compute overhead applied and the under- or overapplication of overhead for the period

Budgeted Rate = $1,600,000/ 400,000 machine hours

= $ 4 per Machine Hour

Overheads Applied = 390,000 × $ 4 per Machine Hour

= 1,560,000

Actual Overheads = 1,575,000

Less Applied Overheads = 1560,000

Under- Applied = 15,000

Explanation:

Overheads are Applied as follows:

Actual Activity for the period × Budgeted Overhead Rate

Budgeted Rate is determined as follows:

Budgeted Total Overheads/Budgeted Activity

Under- or Overapplication of overhead is determined as follows:

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Under Application is therefore : Actual Overheads > Applied Overheads

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3 years ago

A university that promotes itself as a very traditional campus with an old-world look and feel, where the facilities are manicur

svp [43]

Answer:

The correct answer is letter "D": Reliability.

Explanation:

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Reliability refers to providing a service the customers can trust. Most consumers prefer traditional methods than innovative because the first has been proven to work. Then, if a university promotes itself as a very traditional campus with an old-world look and feel, where the facilities are manicured and the dorm rooms are large, it is focusing on the reliability aspect of service quality.

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3 years ago