Michael has been saving his money and wants to invest it. after doing some research, he has decided to invest $20,000 into a certificate of deposit. the interest rate on the cd is 3% with a term of five years, and the interest is paid out annually. based on recent inflation, michael is planning on an annual inflation rate of 2%. how much interest will michael earn on this cd in the first year, based on the nominal interest rate?
Answer: Micheal will earn an interest of $600 in the first year based on nominal interest rates.
Since we need to compute the interest paid out at the end of year 1, we use the following formula in order to find the interest
[tex]SI = P * N * R[/tex]
where
SI = Simple interest
P = Principal or initial amount invested
N = Number of years
R = Nominal interest rate
Nominal interest rate refers to the rate quoted on the CD or the rate agreed upon. In this question, the nominal interest rate is 3%.
Substituting the values in the formula above we get,
[tex]SI = 20000 * 1 * 0.03[/tex]
[tex]SI = 600[/tex]
Answer:
The nominal interest rate is 3 percent, while the real interest rate is 1 percent
Explanation:
Got it right on edge:)
Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they found it extremely poor, poor, good, very good, or excellent. What kind of test is Henry conducting in this survey?
day-after recall test
interview test
rating scale test
open-ended test
Answer:
c
Explanation:
Salt is the only mineral that's harvested from the salar de uyuni.
a. True
b. False
Answer: FALSE
Explanation:
There are other minerals that can be collected there
Tax refunds:
a.occur when a taxpayer's income tax withholding exceeds what they owe
b.come from extra money the federal government has left over at the end of the year, and are distributed around february 15
c.come to taxpayers regardless of whether they file an income tax return or not
d.include interest paid to the taxpayer by the federal government based on holding that money throughout the tax year submit
_ occurs when a retail firm invests in and owns a retail operation in a foreign country
While ________ encourages free trade among canada, mexico and the united states, manufacturers and distributors must abide by local content requirements and rules of origin. can nafta cafta-dr lafta?
When shopping for their brother, jack and james are presented with a red shirt by the sales person. while jack likes the shirt, jaymes dislikes the shirt. in this scenario, even though the color of the shirt is the same, jack and james disagree because of differences in their _____ of the shirt?
Jack and James disagree over a red shirt due to differences in their perceptions, which are influenced by their unique biases, preferences, and experiences. These differences highlight the subjectivity of personal taste and the complexity of individual likes and dislikes.
When shopping for their brother, Jack and James are presented with a red shirt by the salesperson. While Jack likes the shirt, James dislikes the shirt. In this scenario, even though the color of the shirt is the same, Jack and James disagree because of differences in their perceptions of the shirt. Perceptions can be influenced by many factors, including individual biases, preferences, and past experiences.
Personal preferences are subjective and are shaped by a variety of elements such as cultural influences, personal associations, or even physiological differences, as in the case where color might appear more vivid to younger individuals. These preferences are not necessarily tied to any inherent quality of the shirt itself but are instead a reflection of the individuals' tastes and experiences. What might be a vibrant, attractive shirt to one person could be perceived as too bold or unappealing to another, highlighting the role of subjectivity in personal taste.
Contractionary monetary policy attempts to _____ aggregate demand by _____ interest rates.
Suppose iron ore is an input in producing steel. how will a decrease in the price of iron ore affect the market for steel
The transfer of live transactions in real time to an off-site facility is called
in a team, when you communicate good ideas without expecting credit, you are
a)participating
b)persuading
c)helping
d)sharing
Answer:D
Explanation:
Apex
Kieran wants to search a database quickly for information on the last time a patient came to his medical facility. This information is contained in one table. Which feature would make the most sense for him to use?
Short is the right answer
Final answer:
Kieran would most efficiently use a query to find information on a patient's last visit to a medical facility. Queries allow searching using primary keys or specific criteria to retrieve data quickly from a large table and can be saved for repeated use. An audit trail feature could also provide additional information about who accessed the records and any changes made.
Explanation:
Kieran can utilize several features to search a database quickly for information on a patient's last visit to a medical facility. The most efficient method would be to use a query. A query is designed to filter and retrieve data from a database efficiently, especially when dealing with large sets of records. Since databases often contain multiple tables, and each table can have thousands of records, queries are crucial for locating specific subsets of data without the need to scroll through all the records manually. For Kieran's needs, he could use a query to search the table using the primary key, which is usually the fastest way to find a specific record. In a medical database, the patient ID often serves as the primary key. Additionally, if the database were to employ an audit trail feature, he would also be able to see who accessed the patient's information, along with the changes made and the timestamps, thus maintaining a high standard of data integrity and security. The Find feature can also be practical when trying to locate a specific row in a large table without a complex query. Moreover, for repeated searches, saving the query allows for quick access in the future without having to recreate the conditions or instructions each time.
What state led the country in total value of exports to other countries in 2013?
People who make money investing in the stock market
get certain tax breaks.
should sell quickly to avoid taxes.
have to pay a fee to keep a stock.
must pay taxes on profits.
When you make money from investing in the stock market, you must pay taxes on profits.
What are taxes?These are payments to the government from profits and salaries. They are used to fund the activities of government.Cash from the stock market is profit which means that it is liable for taxation so those who make money in such ways need to pay taxes.
In conclusion, option D is correct.
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The ______________ social network has more than 400 million members worldwide, about 10 percent of whom are college students or recent graduates.
Sharon spent the weekend with her friend amelia. amelia proposed a plan for shoplifting cd's from a local music store. sharon was going to go to the store clerk, say she felt ill, and then pretend to faint. this distraction would allow amelia, at the other end of the store, to place cd's in her shopping bag without risk of being seen. at first sharon said that she could not do something like that because it is against the law. amelia argued that sharon would not be breaking the law, only amelia would. is amelia right? if a person can think of a way to profit by violating the law without risk, what reasons are there for not breaking the law?
Final answer:
Amelia is not right; both she and Sharon could be prosecuted under accomplice liability if Sharon assists in the shoplifting scheme. People should not break the law because of the ethical implications, potential risk of being caught, and the importance of upholding the rule of law.
Explanation:
Understanding Accomplice Liability and Reasons Against Breaking the Law
Amelia's argument that only she would be breaking the law is not correct. In fact, if Sharon were to follow through with the plan, she could be charged under accomplice liability because her actions would be contributing to the commission of a crime. Even if Sharon's role is creating a distraction and she is not directly stealing, she is still participating in the planned crime by facilitating Amelia's shoplifting.
There are several reasons why a person should not break the law, even if they believe they can do so without risk. Firstly, the ethical and moral implications of committing crimes go beyond legal consequences; individuals are part of a society where their actions impact others, and maintaining the rule of law is critical to the order and wellbeing of society. Moreover, there is always a risk of unforeseen consequences, such as being caught despite the belief that one can profit without risk. Additionally, the negative impact on one's own conscience and the possible social ramifications, including loss of trust and respect from others, are important considerations.
Theft is a violation of the legal rights of others, and laws are in place to protect property rights and promote fairness within society. Therefore, engaging in shoplifting or any other form of theft, is illegal and unethical, regardless of the perceived lack of risk.
Which of the following is a variable that could be used for demographic segmentation of consumer markets?
What type of company is required to have a code of ethics available to all employees?
The spillover effect is best explained in terms of the ______.
The spillover effect is best explained in terms of the impact or influence that an economic activity or event has on other related sectors, industries, or entities beyond its immediate scope.
The spillover effect, also known as spillover impact or externality, refers to the unintended consequences or effects that occur outside the primary focus or scope of an economic activity or event.
These effects can be positive or negative and often extend beyond the immediate participants or sectors involved.
Spillover effects can manifest in various ways, such as the impact of pollution from a factory on the surrounding environment, the knowledge and innovation diffusion resulting from research and development investments, or the economic ripple effects generated by a particular industry on related sectors.
Spillover effects highlight the interconnectedness and interdependencies within an economy.
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What's the term for the profit made from selling a stock at a higher price than the price paid for the stock? A. Capital gain B. Depreciation C. Stock profit D. Dividend
Answer:
A.) Capital Gain
Explanation:
Took the test and got it right! Good luck! God Bless you!
Which of the following is a real job title on the Interactive Media career pathway?
A. Information Technology Engineer
B. Social Networking Specialist
C. Network Administrator
D. Fortran Language Programmer
Correct answer is B social networking specialist
Social Networking Specialist or SNS for short
True or false: a country is possibly overinvesting in human capital if people are not educated enough to fill existing job openings.
Final answer:
The statement is false because a lack of qualified individuals for job vacancies indicates underinvestment in human capital. Human capital is key to economic growth, and while investment in education can lead to significant gains in workforce capabilities, the returns on such investments can vary depending on a country's current educational level.
Explanation:
True or false: a country is possibly overinvesting in human capital if people are not educated enough to fill existing job openings. This statement is false. When individuals in a country are not sufficiently educated to fill current job vacancies, it suggests that there is an underinvestment in human capital, not overinvestment. The human capital of a country, which includes the education, training, and skills of its workforce, is crucial for driving economic growth and productivity. In many low-income countries, the lack of funds and resources severely hampers the ability to invest in human capital, where even basic necessities such as proper classrooms and educational materials may be scarce, as indicated in multiple figures showing students in outdoor 'classrooms' without technology or standard school furniture.
Governments play a significant role in fostering human capital through the education system. In countries with low human capital levels, small investments in education can yield large returns in the form of a more capable workforce. However, in wealthier economies with high levels of education, additional government spending on education often faces scrutiny about its effectiveness in actually improving education quality. Moreover, the economic impact of excluding certain groups, such as women, from education is profound, as this restricts the development of human capital at a national level.
The type of shipping paper used in highway transportation is called a:
Habib is an arab prisoner being held in a u.s. prison. another prisoner, aham, attacks and seriously injures habib. habib's family in saudi arabia wants to file a lawsuit in a u.s. court against the american company that operates the prison, for negligently allowing habib to be injured. if habib's family wishes to file a lawsuit alleging a violation of a u.s. treaty, they may:
In a competitive labor market, when the government increases the minimum wage, the result is a(n) __________ in the quantity of labor supplied and a(n) __________ in the quantity of labor demanded. increase, increase increase, decrease decrease, increase decrease, decrease
99 points!!!The table summarizes the education of four applicants for positions in the STEM career cluster.
Which best describes the jobs each applicant could obtain with their educational background?
Eli can work as an Astronomer, Blake can work as an Agricultural Engineer, Fiona can work as a Mathematician, and Zoey can work as a Conservation Scientist.
Eli can work as a Civil Engineer, Blake can work as an Aerospace Engineer, Fiona can work as a Park Naturalist, and Zoey can work as a Materials Scientist.
Eli can work as an Electro-Mechanical Technician, Blake can work as a Biochemist, Fiona can work as an Industrial Ecologist, and Zoey can work as an Archivist.
Eli can work as an Electronic Engineering Technician, Blake can work as a Museum Conservator, Fiona can work as a Robotics Engineer, and Zoey can work as a Mathematician.
Answer:
I think that it is B.
Explanation:
The selling price of a television is $1,600 and the cost to the retailer is $225. what is the retailer's gross profit from the sale of the television?
Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the highest salary?
Hand Packagers
Mechanical Engineer
Quality Control Inspectors
Environmental Engineering Technician
Answer:
B. Mechanical Engineer.
Explanation:
Mean salary is around $87,000 in 2018
The career that pays the highest salary is Mechanical Engineer. Thus the correct option is B.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achive the goals of life.
The pay scale in a different industry is different from sector to sector and department to department. In order to seek higher pay in any profession one must carry desired skills and experience in order to utilize their abilities.
Among the given options, the mechanical engineer gets higher packages in a manufacturing career as it is associated with technical and machine work along with supervising and controlling.
Therefore, option B is appropriate.
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Which of these statements about life insurance benefits is false?
"for which service characteristic do marketers need to pay close attention to fluctuations in demand?"
Perishability is the service characteristic marketers need to pay close attention to fluctuations in demand.
What is the Market?The trade of products or services can take place in a market, which is a gathering place for interested parties. Both purchasers and sellers are typically the stakeholders engaged. The market might be actual, like a real store where people interact in person, or it could be virtual, like an online market, where there is no face-to-face interaction among both purchasers and sellers. A market is characterized by a few basic elements, such as the presence of buyers and sellers, as well as a commodity that can be bought and sold.
Any location where two or more people may come together to conduct an economic transaction, even one that doesn't require legal cash, is referred to as a market. A market transaction can entail the transfer of commodities, services, information, money, or any combination of these to another party. Markets are places where buyers and sellers may come together and do business.
Typically, a transaction requires the participation of two parties. But to provide competition and restore equilibrium to the market, at the very least, a third party is needed. As a result, among other things, a market in a condition of perfect competition is characterized by a large number of active buyers and sellers.
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