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Answer:
Investment in fund b = $15,000
Explanation:
Let us assume funds invested in fund b = x while the sum total of funds invested in fund a & b = Y .ie Y = $6000 + x
Fund A returned $6000 * 3/100 = $180
Fund B returned = x & 10/100 = x/10
8%y(total returns) = funds a returns + fund b returns
8%y = $180 + (x/10)
let is replace y with 6000 + x
(6000 +x) * 8% = 180 + (x/10)
480+ 8x/100 = 180 + (x/10)
480 - 180 = (x/10) - (8x/100)
300 = (10x - 8x )/100
300 = 2x/100
300*100 = 2x
30,000 = 2x
x = 15, 000
Answer:
Invest at a minimum of 7.5% annual simple interest
Explanation:
Given the goal of purchasing a boat that will cost $30,000 in 20 years, David needs to earn an interest computed below on his investment in the savings account.
Interest required = 30,000 - 12,000
= 18,000
Therefore the minimum rate of interest that will achieve this goal,
= Principal * rate * time = target amount
= 12,000 * R * 20 years = 18,000
= R = 18,000/(12,000*20) = 0.075 = 7.5%.
In addition, David could also continue his saving from his teaching job. This will reduce the minimum investment return required to achieve the goal.
Answer:
B) In its rulings, the NLRB has allowed employee empowerment in certain very limited situations.
Explanation:
Employee empowerment refers to a company giving its employees a higher degree of autonomy and independence regarding their normal work related activities.
Personally I don't understand how employee empowerment can affect employees negatively but unions tend to oppose it unless they are directly involved in the empowerment process.
Answer:
e.
Explanation:
it's imperative to move first in markets influenced by network effects.
Because, the ability to reach larger numbers of people depend on the effect of network coverage.
