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
lozanna [386]
2 years ago
15

2. Three years ago, Shawheen deposited $5,000 in a savings account. Today, the account is worth

Business
1 answer:
AnnyKZ [126]2 years ago
4 0

The amount of money Shawheen deposited in his savings account increased in value because of the interest rate his account earns.

The initial deposit might have a higher purchasing power because of inflation.

When money is deposited in a savings account, the amount of money earns interest.

The value of the interest rate can be determined using this formula: interest earned / (time x amount deposited)

Interest earned = $$5,306.04 - $5,000 = $306.04

Interest rate = $306.04 / (3 x $5000) = 2.04%

Inflation is the persistent rise in the general price levels. Inflation reduces the purchasing power of money.

To learn more about inflation, please check: brainly.com/question/18072639

You might be interested in
When​ materials, information, and services gain value as they move from the​ raw-materials supplier to the end​ customer, they a
Gennadij [26K]

Answer:

When​ materials, information, and services gain value as they move from the​ raw-materials supplier to the end​ customer, they are said to be moving through​ ________.

A.  the supply chain

B.  a​ value-added analysis

C.  business process re-engineering

D.  Total Quality Management​ (TQM)

E.  ​just-in-time production

Answer: A

Explanation:

A supply chain is a system between an organization and its providers to create and appropriate a particular item to the last purchaser. This system incorporates various exercises, individuals, elements, data, and assets. The supply chain additionally speaks to the means it takes to get the item or administration from its unique state to the client. Organizations create supply chains so they can diminish their expenses and stay serious in the business scene. Supply chain the board is a pivotal procedure on the grounds that an enhanced supply chain brings about lower costs and a quicker creation cycle. A supply chain includes a progression of steps required to get an item or administration to the client. The means incorporate moving and changing crude materials into completed items, shipping those items, and conveying them to the end-client. The substances associated with the supply chain incorporate makers, merchants, stockrooms, transportation organizations, appropriation focuses, and retailers.

8 0
3 years ago
Carter Corporation made sales of $900 million during 2016. Of this amount, Carter collected cash for $871 million. The company's
CaHeK987 [17]

Answer: (a) $295 million

(b) $326 million

Explanation:

Given that,

Sales = $900 million during 2016

Cash = $871 million

Cost of goods sold = $280 million

Expenses for the year totaled = $325 million

Paid for Inventory = $375 million

Paid for everything else = $285 million

Beginning cash = $115 million

(a) Net Income = Sales - Cost of goods sold - Expenses for the year totaled

                        = $900 - $280 - $325

                        = $295 million

(b) Carter's cash balance at the end of 2016:

= Cash + Beginning cash - Paid for Inventory - Paid for everything else

= $871 + $115 - $375 - $285

= $326 million

4 0
3 years ago
1. Exhibit 1.1; USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Ulleksa [173]
A. 4.8%
B. 1.04%
C. 13.6%
D. 11.5%

A. 9%
B. 3.53%
C. 5.3%
D. 11.1%
8 0
3 years ago
How to write a letter to your brother in abroad telling him your plans after senior high school<br>​
drek231 [11]

Answer:

easy

Explanation:

1. address

2. greeting

3. reason for this letter

4. in 2 paragraph state what u want

5. conclusion

6. end greeting

7 0
3 years ago
Memorial Hospital CEO conducts performance reviews of the hospital's departments and discovered that the average cost of deliver
lora16 [44]

Answer:

Memorial Hospital

From the information on how much the hospital is losing on deliveries, the change in profit for each extra delivery is:

= 16.3%.

Explanation:

a) Data and Calculations:

Average cost of deliveries = $5,000

Average revenue per delivery = $4,300 ($5,000 - $700)

Loss on each delivery = $700

The change in profit for each extra delivery is

= 16.3% ($700/$4,300 * 100)

b) The implication of the above information is that the hospital is losing 16.3% each time it performs a delivery because it cost it $5,000 while it can only receive $4,300 from each patient delivered.

4 0
3 years ago
Other questions:
  • Regina Corp. is a property and casualty insurance company in its third year of operations and has a net loss of $100,000. Regina
    12·1 answer
  • Bliss corporation settles a liability by making a payment in cash. how does paying this liability affect the accounting equation
    10·1 answer
  • Parr Paper's stock has a beta of 1.442, and its required return is 13.00%. Clover Dairy's stock has a beta of 0.80. If the risk-
    8·1 answer
  • How should a person cope with situational factor for which there are ethical confident skills?
    13·1 answer
  • Abraham drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can. On a particular d
    11·1 answer
  • Explain why the scenario below fails to address the protection that patent laws offer inventors.
    9·1 answer
  • What is the highest expected return these bonds could​ have? At the​ time, similar maturity Treasuries had a yield of 0.89 %. Co
    10·2 answers
  • If a company sells its smart phones for $400 and the phones have a COGS of $250, how many additional phones would the company ha
    7·1 answer
  • Who is responsible for the preparation of the financial statement​
    6·1 answer
  • According to Platinum Rule Behavioral styles, a Thinking (T) individual prefers to make decisions based on:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!