You would need the routing number and the account number
Answer:
<u>2.53%</u>
Explanation:
We need to understand what effective annual rate is to solve this question.
Effective Annual Rate is the actual interest earned on an investment due to effect of compounding.
The formula is:
Effective Annual Rate = 
Where
i is the interest rate given (nominal interest rate)
n is the number of compounding per year
For the old bank,
5% is the interest rate, so i = 5% = 5/100 = 0.05
n is the number of compounding per year, that will be n = 12 since compounding monthly
So, we have:
Effective Annual Rate 
For second bank, we have:
i = what we need to find
n = 2 (since semi annual compounding, every 6 months)
So,
Effective Annual Rate = 
This should be equal to APR from 1st bank (0.05)
So, we solve for i:

So, the interest would have to be
0.0253 * 100 = <u>2.53%</u>
I think the most appropriate answer would be D.
I hope it helped you!
Answer:
The direct Labor for planning the budget of May would be closest to = $ 6.4 * 6900 = $ 44160
Explanation:
The direct Labor for planning the budget of May would be closest to = $ 6.4 * 6900 = $ 44160
The direct Labor for planning the budget of 6,900 units would be = $ 6.4 * 6900 = $ 44160
The direct Labor for planning the budget of 6,850 units would be = $ 6.4 * 6850 = $ 43840
So the difference between the budgeted direct labor and actual direct labor would be =$ 43840- $43,370 = $ 470
So the difference between the budgeted direct labor for estimated output and actual direct labor would be = $ 44160- $43,370 = $ 790
Answer:
Option A is the correct answer,$5810
Explanation:
The relevant of the Y51B is the cost of replacement,which is the open market price as it is actively being used by Yehle Inc.
Besides, if the quantity currently in inventory is used it has to be replaced at open market price.
Disposal value would have been used if the material in question is not being used
The relevant of 700 liters is given below:
$5.81*1000=$5,810
1000 liters has to be bought not 700 liters as the least quantity available for sale is 1000 liters.
Above,it would be wrong to choose option D as 700 liters is not available