1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pentagon [3]
3 years ago
8

You put $500 in an interest-bearing bank account that pays 2% per year has a fee of two dollars per month. Are you getting ahead

?
Business
1 answer:
Luda [366]3 years ago
5 0
2% of $500 = $10

$2 per month for a fee = $12 in fees

You ar losing $2 every year
You might be interested in
You are planning your retirement in 15 years. You plan to retire with $3,000,000 and your retirement account earns 4.8% compound
Maslowich

Answer:

The retirement fund will last for 33 years and 7 months

Explanation:

We need to solve for time in an ordinary annuity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  $15,000.00

rate 0.004 (4.8% divide by 12 month)

PV $3,000,000

time n

15,000 \times \frac{1-(1+0.004)^{-n} }{0.004} = 3,000,000\\

we clear for n as much as we can and solve

(1+0.004)^{-n}= 1-\frac{3,000,000\times0.004}{15,000}

(1+0.004)^{-n}= 0.20

now we use logarithmic properties to solve for n:

-n= \frac{log0.2}{log(1+0.004)

-403.16  

this will be a value in months so we divide by 12 to get it annually

403/12 = 33,5833

we convert the residual to months:

0.5833 x 12 = 6.996 = 7 months

6 0
3 years ago
The scenario wherein many files about the same person exist across different departments within an organization is called data _
Kamila [148]

When a person has several files across different departments in an organization, this is called data C) Redundancy

Redundancy:

  • Refers to something being repeated when it shouldn't be
  • Can often lead to the repeated copies being deleted

If a company has records of the same person, saying the same thing, across different departments, this is data redundancy as the person's records are being repeated in an unnecessary manner.

In conclusion, the scenario described is data redundancy.

Options for this question include:

A) Repetition

B) Doubling

C) Redundancy

D) Duplication

<em>Find out more at brainly.com/question/13438926. </em>

3 0
2 years ago
Jbx automobiles, a global firm, builds factories to serve more than one country and lower the mne's production costs. jbx automo
vaieri [72.5K]
The answer to the question mentioned above is the "ECONOMIES OF SCALE". JBS automobiles, a global firm builds factories to serve more than one country and lower the MNE's production costs. JBX automobiles most likely benefit from "Economies of Scale".
3 0
3 years ago
A convenience store buys 1-gallon jugs of milk for $2.99 and sells them for $4.29. What is the margin they earn on the milk?
koban [17]

Answer:

1.30

Explanation:

subtract 4.29 from 2.99

5 0
3 years ago
Steve is preparing a market analysis for the joneses and has selected three comparable properties. how many adjustments should s
zzz [600]

For the Joneses, Steve is putting together a market analysis and has chosen three comparable homes. Steve should Zero Adjustment alter the joneses' proper behavior in any way.

Sensors and instruments must produce an output that is a precise, predictable, and repeatable function of their input in every measurement setting. A 0 - 10 Bar pressure transmitter, for instance, might have a 0 - 10 V output that, starting with 0 V output for a 0 Bar pressure measurement, corresponds to its 0 - 10 Bar measurement range in a linear manner. To make sure that its output is indeed 0 V for a 0 Bar input, the transmitter must be calibrated. When this isn't the case, there needs to be a way to alter, or "zero," the output. The usage of an electronic gadget.

Learn more about Zero Adjustment here

brainly.com/question/5019807

#SPJ4

7 0
10 months ago
Other questions:
  • At a price of $4 per unit, Gadgets Inc. is willing to supply 20,000 gadgets, while United Gadgets is willing to supply 10,000 ga
    7·1 answer
  • Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. The variable costs of p
    9·1 answer
  • Tropetech Inc.’s FCFs are expected to grow at a constant rate of 4.62% per year in the future. The market value of Tropetech Inc
    11·1 answer
  • A dealer bought an item for $7, sold it for $8, bought it back for $9, and sold it for $10. how much profit did she make?
    8·1 answer
  • "a british study involving more than 11,000 participants indicated that brain-training activities over a period of six weeks ___
    14·1 answer
  • Toby’s current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming cashews is
    5·2 answers
  • How to start a business
    10·1 answer
  • According to Gardner, intelligence can be measure by a person having
    14·2 answers
  • How is economy affected by wise consumers?​
    15·1 answer
  • Planning involves ________.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!