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Colt1911 [192]
2 years ago
5

What is the difference between gross & net pay

Business
1 answer:
stich3 [128]2 years ago
6 0
Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.
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Jacques deposited $1,900 into an account that earns 4% interest compounded semiannually. After t years, Jacques has $3,875.79 in
kupik [55]
A year has two semesters, then
n = 2<span>v(t)=p<span><span>(<span>1+<span>r/2</span></span>)</span><span>2t
</span></span></span><span>
3875.79 = 1900∗<span><span>(<span>1+(<span>0.04/2)</span></span>)^</span><span>2t
</span></span></span><span>
2.0398895 = <span><span>(<span>1+<span>0.042</span></span>)^</span><span>2t
</span></span></span>Apply natural logarithm on both sides

<span>ln(2.0398895) = ln<span>[<span><span>(<span>1+<span>0.042</span></span>)^</span><span>2t</span></span>]

Then simplify,
</span></span><span>0.712896 = 2t∗ln(1.02)

</span><span>t = <span>0.712896 / (<span>2∗ln(1.02))
</span></span></span><span><span>
t=18 years

I hope my answer helped you. Have a nice day!</span></span>
3 0
3 years ago
Read 2 more answers
Putting together two or more parcels of land to make a large piece is called:________.
NeTakaya

Answer:

Assemblage.

Explanation:

In Real estate, putting together two or more parcels of land to make a large piece is called assemblage. The main purpose of assemblage is to increase the price of parcels of land by combining them together rather than selling them individually as a single unit.

<em>For instance, a real estate agent may purchase two (5) parcels of land each worth $50,000 (2 × $50,000). When he assembles them, the new single parcel of land is worth $150,000. </em>

6 0
3 years ago
When incorporating, a business a. may incorporate in any state it chooses. b. must incorporate in the state in which it does the
finlep [7]

Answer:

B. may incorporate in any state it chooses.

Explanation:

3 0
3 years ago
A decision strategy is a sequence of decisions and chance outcomes, where the decisions chosen depend on the yet to be determine
jasenka [17]

Answer:

false is the correct answer

6 0
2 years ago
Two college students went to Guadalajara, Mexico, on their spring breaks. One took the vacation in 2002, while the other went in
ad-work [718]

Answer:

1. 2006 Student

2. 4400 pesos left

Explanation:

If each student had $500 to spend and In 2002, the exchange rate of MXN/USD (Mexican pesos to U.S. dollars) was 9 and In 2006, the exchange rate was 11.

If the hotel room in Guadalajara cost 200 pesos per night in 2002 and 220 pesos in 2006 and each student spent five nights in a hotel, which student had more pesos left over:

Student A - 2002

Spent 5 nights x 200 pesos = 1000 pesos

Total pesos  = $500 x 9 = 4500 pesos

Pesos left = 4500 - 1000 = 3500 pesos

Student B - 2006

Spent 5 nights x 220 pesos = 1100 pesos

Total pesos  = $500 x 11 = 5500 pesos

Pesos left = 5500 - 1100 = 4400 pesos

5 0
3 years ago
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