Answer:
She invested $2,167
Explanation:
As interest rate is not compounded, the 9-month interest of a 8% annual interest is simply:
8% * 9 / 12 = 6%
Let A be the amount of money she invest. After 9 month she will receive:
A * 0.06 dollars.
And the actual amount is $130. So she invested
A = $130 / 0.06 = $2,167
Answer:
The job in New York should offer $65,625.
Explanation:
Andrew is offered a job in Little Rock, where the CPI is 80, and a job in New York, where the CPI is 125.
Andrew's job offer in Little Rock is $42,000.
To represent the same purchasing power salary in New York should be
=
=
= $65,625
Answer:
D.
Explanation:
Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal.
You expect to find and increase knowledge of what really fits for you to do for the rest of your career life.
Answer:
$0.20 or 20 cents for every dollar invested as assets
Explanation:
To determine how many dollars (or cents) of net income did Walk Co. generate for every dollar of assets invested we have to;
divide Walk Co.'s net income by its total assets = $40,000 / $200,000 = $0.20 or 20 cents. This is called the