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Arada [10]
3 years ago
11

Congratulations! You won a prize in a contest! There are two choices: take the $500 prize today or wait one year and take the $5

00 prize a year from now. If the interest rate is 3%, compounded annually, how much interest would you be giving up if you took the prize a year from now?
Business
1 answer:
natulia [17]3 years ago
6 0

Answer:

$15

Explanation:

The formula for calumniating compound interest is as below

A= P x ( 1 + r) ^1

For this case

A= Amount after one year

P = principal: $500

r= Interest rate 3% or 0.03

n = time in years: 1

A= $500 x ( 1 + 0.03) ^ 1

A = $500 x(1.03)

A= $500 x 1.03

A =$515

The interest missed is the future value -  amount collected after one year.

=$515- $500

=$15

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Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased fr
andreyandreev [35.5K]

Answer:

Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased from 4.8% to 6.2%. The sacrifice ratio is:______

d. none of the above

Explanation:

a) Data and Calculations:

Old inflation rate = 3%

New inflation rate = 1.6%

Old unemployment rate = 4.8%

New unemployment rate = 6.2%

Ratio of old inflation rate to old unemployment rate = 3 : 4.8 = 0.625

Ratio of new inflation rate to new unemployment rate = 1.6% : 6.2% = 0.258

Sacrifice ratio = Difference between the two ratios = 0.367 (0.625 - 0.258)

b) The sacrifice ratio is the difference between the old ratio and the new ratio of inflation rate to unemployment rate.

6 0
3 years ago
olivia wants her online business to be successful. she is setting goals. which of these would be best for Olivia to do? A) write
evablogger [386]

Great question Vikingsmvp5 !

I think the answer is b because it is talking about the future of the business as well as includes more of a plan than the others. When you want to run a business you MUST think long term in order to keep it running and you must consider costs, quality, etc.

I hopes that helps a little :)

6 0
4 years ago
An Asian Airlines attempts to differentiate itself from competing airlines through innovative design of its airplane seats and i
lakkis [162]

Answer:

E. product excellence

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Product excellence is when you take into consideration the client's needs in order to create a customer-focused framework to develop a product that can create an impact.

I hope you find this information useful and interesting! Good luck!

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3 years ago
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A customer claims they saw a rodent run through the dining area, so you examine the inside and outside. what should you do?
Mashcka [7]

A customer claims that they saw a rodent run through the dining area, so you examine the inside and outside and contact an exterminator immediately,

Rodents are mammals with extra-large front teeth. They use these teeth for gnawing to get at food and to find their shelter. If the rodent was seen by customers through the dining area, examine the area and try to calm down the situation by apologizing and assuring that you will have this matter dealt with asap.

This matter should be dealt soon, as it is quiet important, as the sighting of a rodent naturally raises food safety concerns. However, customers will understand that no one is perfect and mistakes can happen.

Hence, when the customers have your assurance that the matter will be taken care of, they will respect that.

To learn more about rodent here:

brainly.com/question/10279624

#SPJ4

7 0
1 year ago
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