Answers
Answer:
$253
Explanation:
In order to solve this you just have to use the formula to calculate the future insterests:
[tex]A=P(1+\frac{r}{n})^{nt}[/tex]
A= Amount or future value
P=Principal
R=Interest rate in decimals
N= Number of compounds by unit, or year
T= Time in years
So we know that the interest is 8% that is 0.08 in decimal, and since it is compounded semiannually that´s two times a year for three years, we just insert that into the formula:
[tex]A=P(1+\frac{r}{n})^{nt}\\A=200(1+\frac{.08}{2})^{2*3}\\ A=200(1.04)^6\\a=200(1.2653)\\A=253.06[/tex]
So the future value of the $200 account will be $253.06 after three years.
Related Questions
If you wanted to deliver something heavy into republican rome by cart, when would you make the delivery?
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If you wanted to deliver something heavy into republican Rome by cart you would make the delivery by night.
Ancient Rome was highly populated, and vehicle traffic was a problem. That's why heavy carts and private vehicles were forbidden on the city streets during the day. So, if you wanted to deliver something heavy by cart, you would have to wait until night to be able to drive within the city of Rome.
What are the different childcare options that families have?
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-Families can choose to have one parent stay home
-They can ask a family member (ie. grandparent, aunt)
-They can use a local daycare center
-They can hire a live in nanny
-They can hire a babysitter
-They can hire an au pair
-Parents can set up a schedule with their friends who are parents to watch each others' children
Hope this helps! :)
Regardless of a candidate's work experience, the prime source of jobs in general appears to be
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Which best describes the role of financial planning?
A. Many intermediate goals may require funding.
B. Books typically are free with the purchase of a college course.
C. Most licensing exams are covered by government funding.
D. Allow someone to have fewer economic obstacles.
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The role of financial planning is best described with the following: Allow someone to have fewer economic obstacles. Correct answer: D
Financial planning is a comprehensive evaluation of an investor's current and future financial state by estimating the capital required and determining its competition. It helps you make decisions that make the most of your financial resources.
During a recession, median income falls by 15%. if the demand for grapes falls by 12%, grapes are a(n) _____ good with an income elasticity of demand of _____. normal; -0.8 inferior; 0.8 normal; 0.8 inferior; -0.8
Answers
To find the income elasticity of demand follow this equation:
income elasticity of demand = change in demand/change of income
income elasticity of demand = 0.12/0.15 = 0.8
Grapes are a normal good because the income elasticity of demand is greater than zero.
During a recession, the median income falls by 15%. If the demand for grapes falls by 12%, grapes are a normal good with an income elasticity of demand of 0.8. This implies the correct answer is 0.8 normal.
Income elasticity demand measures how some factors affect how consumers demand a product.
Some of the factors that could affect the demand for a product include price and income.
Further ExplanationIncome elasticity demand is meant to reveal the extent to which the rise in consumer’s income affects the demand for a particular product.
Income elasticity can be expressed as:
Income Elasticity of Demand (YED) = % change in quantity demanded / % change in income
From the given question:
Change in demand = 0.12 Change of income = 0.15If you substitute the value, then you have:
Income elasticity of demand = 0.12 / 0.15
= 0.8
Normal goods are accompanied by positive income elasticity of demand. This also means that more quantity is demanded as the income of the consumer increases.
However, there are five types of income elasticity of demand and these include
High Unitary LowZero NegativeTherefore, during a recession, the median income falls by 15%. If the demand for grapes falls by 12%, grapes are a normal good with an income elasticity of demand of 0.8
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During a recession, median income falls by 15%. if the demand for grapes falls by 12% https://brainly.com/question/6226349If the income elasticity of a good is 0.8, what do we know about the good https://brainly.com/question/13293688KEYWORDS:
recessiongrapesnormal goodincome elasticity of demand0.8 normalThe marketing concept includes a goal orientation to remind managers that:
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Which best describes why someone would adjust a goal?
A. The goal was long-term, and those are not obtainable.
B. There were no intermediate goals.
C. The personal vision statement was only 20 words long.
D. There is a new personal vision.
Answers
When there is a new personal vision, someone would adjust a goal.
What is goal?A goal are target's that an individual has specify to meet over a period of time.
Some goals can be long term while others can be short term.
A vision is a guide to a goal.
Therefore, When there is a new personal vision, someone would adjust a goal.
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Margaret’s financial institution tells her she has been a victim of social engineering. Which statement best describes what this means?
A A thief pretended to be Margaret and used her personal information to access a bank account.
B A thief stole Margaret’s checkbook and wrote several checks using her name at the store.
C A thief convinced Margaret to make a donation to a fake charity by giving them personal information
D A thief sent Margaret an e-mail asking her to provide financial information for a get-rich-quick scheme.
Answers
The thief had gain access to her personal information and used it to fraudly access another bank account. It was used to gain credibility by impersonation. It is also called as social manipulation to let people believe that you are that person.
Answer:
A. A thief pretended to be Margaret and used her personal information to access a bank account.
Explanation:
I just got it right.
How does Wikipedia work? What is different about this operation from other encyclopedias?
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Answers:
1) Wikipedia is an educational website that provides users with information about almost every study field. The information posted is uploaded by volunteers and other users can edit it unless it is explicitly forbidden to avoid the change in meaning and vandalism.
2) Wikipedia's work system is different from other online encyclopedias because of the fact that most educational web sites pay highly-educated professionals to upload and review their content to make sure the information they are providing is accurate and reliable.
How are manufacturing and non manufacturing location decisions similar? different?
Answers
Both manufacturing and non manufacturing location decision take costs and profits into consideration.
Manufacturing firms are concerned with transportation costs, location of raw materials, energy and water availability .
Non manufacturing companies on the other hand are concerned with convenience, access to markets and traffic flow.
Manufacturing and non-manufacturing firms consider similar location factors but weigh them differently. Manufacturing firms prioritize factors like supplier proximity and transportation quality while non-manufacturing firms focus on workforce suitability and customer proximity. The impact of environmental regulation cost is more significant for manufacturing firms than non-manufacturing firms.
Explanation:Both manufacturing and non-manufacturing location decisions are influenced by similar factors. These include labour and capital costs, proximity to reliable suppliers and customers, quality of infrastructure, taxes, and the efficacy of local government to name a few. However, they might weigh these factors differently depending on the nature of their operations.
For manufacturing firms, proximity to suppliers and quality of transportation infrastructure may be critical. For non-manufacturing firms, the importance of these factors may not be as significant. Instead, factors like skilled workforce availability, proximity to customers, taxes, and local government competence may be more important.
One key difference is the factor of environmental regulation cost. While it is a factor for manufacturing firms, it typically constitutes no more than 1 to 2% of the operational costs. For non-manufacturing firms, this element may not be a substantial factor in locating their operations.
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The information-processing theory was inspired by the knowledge of how _____ function. animals' brains high-level businesses computers athletic teams
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The information-processing theory was inspired by the knowledge of how computers function. The reason is the framework of the computer which is similar to human brain (sensory memory, short-term memory, and long-term memory.).
The information-processing theory in psychology was inspired by computers, focusing on how the human brain inputs, processes, and stores information using cognitive architecture.
The information-processing theory was inspired by the knowledge of how computers function. This theory applies a computer metaphor to human cognitive systems, where information is inputted, processed, and stored in memory systems. The processes include comparing incoming information to existing schemas, encoding, and then potentially storing this in long-term memory. The brain is seen as a general-purpose information-processing device with adaptive mechanisms shaped by natural selection, continuously developing as it matures and interacts with the environment.
Heather hudson makes stuffed teddy bears. recent information for her business follows: selling price per bear $ 35.00 total fixed cost per month 1,500.00 variable cost per bear 24.00 if she sells 275 bears next month, determine the margin of safety in units, sales dollars, and as a percentage of sales.
Answers
To determine the margin of safety for Heather's business, we use the break-even point formula and the given information. The margin of safety is the difference between actual sales and the break-even point. It can be expressed in units, sales dollars, and as a percentage of sales. In this case, the margin of safety is approximately 138.64 units, $4,847.40 in sales dollars, and about 17.63% of sales.
Explanation:To determine the margin of safety in units, sales dollars, and as a percentage of sales, we first need to calculate the break-even point. The break-even point is the level of sales at which total revenue equals total cost, resulting in zero profit or loss. The formula to calculate the break-even point is:
Break-even point (in units) = Total Fixed Cost / (Selling Price per Unit - Variable Cost per Unit)
Using the given information:
Total Fixed Cost = $1,500
Selling Price per Bear = $35.00
Variable Cost per Bear = $24.00
Substituting these values into the formula:
Break-even point (in units) = $1,500 / ($35.00 - $24.00) = $1,500 / $11.00 ≈ 136.36
Now that we know the break-even point, we can calculate the margin of safety:
Margin of Safety (in units) = Actual Sales - Break-even point
Margin of Safety (in sales dollars) = Margin of Safety (in units) x Selling Price per Bear
Margin of Safety (as a percentage of sales) = (Margin of Safety (in sales dollars) / Actual Sales) x 100%
Substituting the given values for Actual Sales:
Actual Sales = 275 bears
Calculating the margin of safety:
Margin of Safety (in units) = 275 - 136.36 ≈ 138.64 units
Margin of Safety (in sales dollars) = 138.64 units x $35.00 = $4,847.40
Margin of Safety (as a percentage of sales) = ($4,847.40 / 275 bears) x 100% ≈ 17.63%
There is a characteristic of russian industry that also exists in india and china. these three countries move most of their freight by
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The ______________ concept holds that a company's marketing should support the best long-run performance of the marketing system.
Answers
True or false
The introduction of an electronic diagnostic system in a car repair shop will most likely cause a movement along the supply curve.
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A(n) _____ is needed to ensure that a buyer-seller relationship moves in a positive direction.â
Answers
A statement of follow up action is needed to ensure that buyer-seller relationship moves in a positive direction. This is called building value through follow up action.
Animal what is the business of turning animals into food products
Answers
Final answer:
The business of turning animals into food products involves animal agriculture, particularly factory farming and food processing. This process must balance the nutritional needs with concerns for animal welfare and environmental sustainability. With increasing awareness, there's a call for more humane and eco-friendly practices in the industry.
Explanation:
The business of turning animals into food products is a complex process involving animal agriculture, factory farming, and food processing. Animal agriculture requires an understanding of animal nutrition to raise animals in a manner that will result in food products like meat, milk, and eggs. Factory farming, a more intensive form of production, often involves housing animals in tight quarters and using antibiotics and hormones to increase growth. The practice raises numerous ethical and environmental concerns. Food processing then takes these animal products and transforms them into marketable food items for consumption.
Moreover, as of 2007, approximately 56 billion animals were slaughtered annually worldwide, with most being processed in factory farm settings which bring up serious animal welfare concerns. This system has been scrutinized for its environmental impact, including groundwater contamination from manure and the inefficient use of human-edible crops for animal feed. To mitigate some of these issues, sustainable practices and improvements in how we produce and process meat, dairy, and fish are required.
The commercial wildlife farming industry also exists to supply food, skin, and fur, often utilizing non-livestock animals. Likewise, animals like sheep, goats, and cows have been domesticated for use in producing food and textiles, benefiting from their milk, hides, and other materials without necessarily slaughtering them.
"all employees must be at their work stations and ready to work by the time the buzzer sounds." this is an example of ________.
Answers
If correctly implemented and executed from both sites (the business and the employees), the work rules create good business environement and protect both sites.
Andrea lost her job as an accountant because her company gave the contract for keeping accounts to a firm in Asia. The company did so to reduce the costs, as it could find cheap labor in the Asian countries. Andrea lost her job due to which type of economic activity? recession, inflation, outsourcing, depression, deflation
Answers
Outsourcing is when companies move their factories and such to other nations to find cheaper labor there (and possibly newer customers)
hope this helps
The correct answer is outsourcing. Outsourcing occurs when companies receive goods/services from foreign suppliers in lieu of suppliers in their country.
Here, outsourcing from Asia resulted in Andrea losing her job.
Outsourcing is also the intuitive option here - the word implies sourcing coming from somewhere other than from the place in question.
Which best explains why producers choose to specialize? Check all that apply.
{} to increase competition
{} to gain a comparative advantage
{} to decrease the amount of goods produced
{} to maintain market share
{} to increase efficiency
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Answer:
2,4,5
Explanation:
2021 edg.
The net income for this year is $52,360. last year, net income was $50,040. what is the percentage variance in net income?
Answers
$52,360-$50,040 = $2,320
Then you'll want to divide the increase of $2,320 by the original net income of $50,040. $2,320/$50,040 = .0463
The final step is to multiply that number by 100.
.0463 x 100 = 4.63%
A ______ provides the opportunity for distributed practice, one of the keys to deep and lasting learning.
Answers
There are number of various advantages of making and keeping a 32-day commitment. To start with, it ensures that you invest some time in undertaking, which is basic to any achievement. Second, a 32-day responsibility naturally gives circulated hone, one of the keys to profound and enduring learning. And third, it encourages you to gain unmistakable ground toward your objective, along these lines raising your desires of progress and your inspiration to endure.
As an employer, you need to provide ___________ to an employee before that person can fill out their tax return.
Answers
The correct answer would be, W-2 form.
As an employer, you need to provide W-2 form to an employee before that person can fill their tax return.
Explanation:
A W-2 form is a taxation form used by the Internal Revenue Services in the United States. This form is used have the information about the wages paid to the employees by the employer and the taxes withheld from them.
The employer needs to fill this form separately for each employee. Any employee who receives any salary, wage, or compensation from the employer, must be filled for this form.
When an employee wants to file his tax return, he would need this W-2 form to show to IRS that he has already paid the tax and now he wants his tax returns.
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In the above objective, an applicant is describing the kind of job they're interested in. What part of the sentence describes the qualifications the applicant has to offer? a. full time work b. administrative assistant position c. communication and organization skills d. none of the above
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I believe the answer is: c. communication and organization skills
Showcasing communication and organization skills would show how good you are in working in group and cooperate with other members of the company. It also act as an indicator of how good you are in handling the customers. These skill set is considered to be valuable in all type of business.
: ____ refers to all of the pay and benefits provided to employees for the completion of work.
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when might be the best time to start saving for retirement?
A. after you’ve bought a house.
B. once you’ve paid off Student loans.
C. at the earliest possible date.
D. none of the above.
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The answer is: C. at the earliest possible date.
People have different situations, income level, and expenditures. So, it is extremely hard to put an exact criteria to start saving for retirement.
You need to start to save for retirement as soon as you achieve economic stability no matter when it is. As a general guideline, economic experts categorized you as financially stable if you can save up 20% of your income after paying all of your expenses.
Naomi is sixteen and she would like to open a savings account. Select each of the steps she will need to take.
Gather the necessary information.
Complete a deposit slip and make a deposit.
Complete an application with a stock broker.
Choose a director.
Go to the bank and sign the necessary bank forms.
Answers
Naomi needs to gather necessary information, sign bank forms, and complete a deposit slip with an initial deposit to open a savings account. She does not need to take steps related to stock market investments like applying with a stock broker or choosing a director.
Naomi, who is sixteen years old, wants to open a savings account. The steps she needs to take include:
Gathering the necessary information, such as her personal identification and possibly a parent or guardian's details if required for minors.
Going to the bank and signing the necessary bank forms, which will include an account opening form.
Completing a deposit slip and making her initial deposit to activate the account.
She does not need to complete an application with a stock broker or choose a director as these steps are not related to opening a savings account but rather to investing in the stock market. Understanding the basic principles of banking, such as the importance of financial savings and the benefits of using a savings account early in life, is crucial for financial literacy.
What is the difference between the distribution and the consumption of an item?
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Distribution is getting the banana where I can buy it.
Consumption is eating the banana.
Ray Jene earns $900 a week at a Publix supermarket. Ray's payroll deductions are 28%. What is Ray's take-home pay?
Answers
$648 a week
If we assume that the deductions of 28% are taken out of the $900 weekly we will multiply 900 by 0.28 = 252. Then subtract 252 which is the deduction amount from the 900 and we end up with take home pay of $648.
Ray Jene's take-home pay is calculated by subtracting 28% payroll deductions from his $900 weekly earnings, resulting in a take-home pay of $648.
Ray Jene's take-home pay after payroll deductions at a Publix supermarket, we must first understand that take-home pay is the money you have left when your paycheck is issued and all required taxes and deductions are taken out. With Ray earning $900 a week and a payroll deduction of 28%, we can follow these steps:
Firstly, we calculate the total amount that will be deducted by multiplying the total earnings by the deduction percentage: $900 times 28% = $252.
Next, we determine the take-home pay by subtracting the total deductions from the initial earnings: $900 - $252 = $648.
Therefore, Ray's take-home pay is $648 after the payroll deductions are applied.
what's the difference between earned income and unearned income
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Unearned income includes dividends, interests, survivor annuities, and unemployment compensation.
Earned income comes from active involvement and work, while unearned income comes from investments or other sources that do not require active work to receive.
The difference between earned income and unearned income lies in how the money is received and the source of that money.
Earned Income:
This is the money you receive from working, whether it be through a job or running a business. It includes wages, salaries, tips, commissions, and bonuses. Essentially, any income you get in exchange for performing a service or working at a job is considered earned income.Unearned Income:
This is the money you receive from sources other than working. Examples of unearned income include interest, dividends, capital gains, rental income, and pensions. For instance, if you own a stock and its price increases, the profit you make from selling the stock is known as a capital gain and is considered unearned income.