The formula that can be used to find interest rate is Interest rate = (In 2) / 6.
<h3>What is the formula that can be used to determine the interest rate?</h3>
When a bank account is growing with continuous compounding, it means that both the interest accrued and the amount deposited increases continually over a specified period of time.
When the investment doubles, it means that if the future value of the investment is divided by the present value of the investment, the value would be two.
Interest rate = (In FV / PV) / number of years it would take the investment to double
Where:
- FV = future value
- PV = present value
- FV / PV = 2
Interest rate = (In 2) / 6
To learn more about continuous compounding, please check: brainly.com/question/26476328
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You could start out by finding out how much demand there is for this kind of service. Go around your neighborhood and ask how likely everyone would be to utilize a dog walking or training business, and how much they would be willing to pay for such a service. Alternatively, you could create a survey online and send it to groups within your city. You can create a survey using Google Forms.
If there is enough demand for it and if the price is right, then present this information to your parents. This way you can show them that you're very serious about starting your own business and you have the know-how to do so.
Starting out with just a focus on dog-walking could be great, and then you could expand from there to training. If you have a good sized yard or a nearby dog park to work at for training, then you're set. After that you can move on to dog rescuing. Of course, you will need more space for rescuing dogs and will definitely need at least a yard.
Good luck with your parents and good luck with the business!
Answer:
C. the FIFO method separates the work done during the current period to provide measurements of work done during the current period.
Explanation:
When you are calculating production costs and equivalent units, FIFO method only focuses on the goods produced during the accounting period and basically doesn't consider previous costs associated to beginning inventory. On the other hand, the weighted average method includes both current costs and costs associated to beginning WIP.
Answer: for one more unit of good x traded-off , an additional unit of good y can be produced.
Explanation: The production possibilities frontier is graphed as a curve with one of the commodities is shown on the x-axis, while the other is shown on the y-axis. The curve is made up of points at which the two commodities are being produced in different amounts, most efficiently using the limited resources that they require with keeping the production factor and technology the same for both commodities. A production possibility curve or frontier represents different values of two good that an economy can produce ,keeping the production factor and the technology constant .
The slope of production possibility curve shows the opportunity cost I.e how much of good y has to be given up in order to produce an extra unit of good x . If the production possibility curve is a straight line , it means that the slope is constant I.e to produce an extra unit of good x , there’s constant opportunity cost of good y to be given up .
The manager should ask for an ID. A real health inspector would have an ID card OR Identification card on him. Have a nice day