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Harlamova29_29 [7]
2 years ago
9

Outdoor Company is located in Kirkland, Washington, where the city and the state have minimum wage laws. Outdoor pays its starti

ng employees the legal minimum rate, which, among the governing laws, is Group of answer choices the federal minimum wage. the city minimum wage. the highest of the minimum wages. the state minimum wage.
Business
1 answer:
Mademuasel [1]2 years ago
7 0

Answer: the highest of the minimum wages.

Explanation:

The company will have the pay the minimum wage that is the highest because they are under the authority of all three governments and paying the highest minimum wage would ensure that they automatically follow the minimum wages set by the other two authorities.

For instance; the federal minimum wage is $7.25 per hour, the state minimum wage is $10 per hour and the city minimum is $12 per hour. When the company pays $12 an hour, they would be adhering to the city minimum and automatically adhering to the Federal and State minimums as well.

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Which of the following best explains why online retail companies have an
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When you purchase an item in a store you may be charged
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2 years ago
The law of demand states that, other things equal, when the price of a good.
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The law of demand states that when the price of a good increases, the quantity demanded decreases.

<h3>What is the law of demand?</h3>

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4 0
2 years ago
You need to accumulate $10,000. To do so, you plan to make deposits of $1,500 per year - with the first payment being made a yea
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Answer:

5.4 years

Explanation:

Future value is the value of the calculated by compounding a specific present value using a specific discount rate

Payment = $1,500

Rate = 9.56%

Future value = $10,000

We will use the following formula to calculate the numbers of years.

Future Value = Payment x [ ( 1  + r)^n - 1 / r ]

$10,000 = $1,500 x [ ( 1 + 9.56%)^n - 1 / 9.56%

$10,000 x 9.56% / 1,500 = ( 1 + 9.56%)^n - 1

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1.6373 = 1.0956^n

Log 1.6373 = n log 1.0956

n = log 1.0956 / Log 1.6373

n = 5.4 years

7 0
3 years ago
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