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kakasveta [241]
2 years ago
6

The Fresh and Green Company has a savings plan for employees. If an employee

Mathematics
1 answer:
erastova [34]2 years ago
5 0

Answer:

$1400

Step-by-step explanation:

The Fresh and Green Company has a savings plan for employees. If an employee makes an initial deposit of $1000, the company pays 8% interest compounded quarterly. If an employee withdraws the money after five years, how much is in the account?

First you need to make 8% into a decimal.

To do that you need to move the decimal point to spaces to the left.

8. ----- 0.8 ----- 0.08

The decimal is 0.08.

Now multiply $1000 by 0.08.

Which is $80.

Now do $80 times 5 years.

which is $400 interest.

Now add $400 to $1000.

Which is $1400.

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steposvetlana [31]

Answer:

Non terminating

Step-by-step explanation:

4/5=0.8 so non terminating

Hope this helps :D

6 0
3 years ago
Which two triangles are congruent? Complete the congruence statement.
shtirl [24]

Answer:

tsu and hgi

Step-by-step explanation:

8 0
3 years ago
Derek has a bank account that pays 2.1% simple interest. The balance is $910. When will the account grow to $1,000?
swat32

Answer:

The account will grow to 1,000 in 5 years.

Step-by-step explanation:

Since the account will become 1000, the interest is 90 dollars. I=p*r*t.

90=910*.021*t

90=19.11*t.

t=4.71, so it will take 5 whole years.

3 0
3 years ago
Jerry wants to gravel an area represented by a square with side lengths of 3/4ft. What is the area he needs to fill.
Pani-rosa [81]

Answer:

0.5625 ft^2

Step-by-step explanation:

area of square = side * side

A = s^2

A = (0.75 ft)^2 = (0.75 ft)(0.75 ft) = 0.5625 ft^2

7 0
3 years ago
A. Economic theory describes the relationship between inflation and unemployment as:
Ludmilka [50]

Answer:

1: The correction option is B) Negative

Explanation

In economic theory, the Philips curve depicts the relationship between unemployment and inflation as a negative one. In order words, when inflation goes up, unemployment reduces.

The logic behind that thinking is, that inflation, which is the general increase in prices of goods/commodities and services is good for business. Business owners are quick to adjust to higher prices regardless of how it is induced and sometimes even profit from it in sectors not affected by inflation. So in such sectors, as business improves,  it is assumed that there is a requirement to being in more hands to help with the expansion of the business.

2. The correct option is B) Holds for certain time periods

Explanation

Social scientists and researchers have plotted the data across various periods (20 years) using data from the US economy.

The following results emerged:

  • the traditional relationship between inflation and unemployment held in 2001 during the mild recession triggered by the 9/11 situation. Unemployment took an upward spiral averaging an increase of 6% while inflation nosedived by 2.5%;
  • Another snapshot was taken in the mid-2000s. This time unemployment went belly-up by several degrees, while inflation took off in the opposite direction by almost 5% before receding in 2006 when unemployment bottomed;
  • In another analysis, the consumer price index took a steep downward dive during the Great Recession. This time, unemployment took a bullish charge, going up as much as 10%
  • This negative relationship failed to hold between 2012 to 2015. Both factors developed a positive relationship and moved in the same direction;
  • There has also been a loss of strength in the negative relationship as also seen in recent times. Specifically, between 2016 to 2019 where unemployment has steadily receded to 50-year lows, with inflation remained steady at an average of 2%.  

So the correct answer is B.

3. The correct answer is True:

Explanation

As seen from the analysis above, the negative relationship remains largely true for most of the periods examined. Hence it is more pragmatic to expect a dip in unemployment whenever there is a spike in the CPI.

Cheers

6 0
3 years ago
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