The cash balance in Mr. Davies' account after five years will be £2,765.30.
To calculate the cash balance in Mr. Davies' account after five years, we need to use the formula for compound interest, which is given by:
\(A = P(1 + r/n) {}^{nt} \)
where:
A is the final amount
P is the principal (initial deposit) amountr is the annual interest rate
t is the number of years
n is the number of times the interest is compounded per year
In this case:
P = £2,500r = 2% = 0.02t = 5 years
n = 1 (since interest is compounded annually)Plugging in these values in the formula, we get:
A = 2500(1 + 0.02/1)^(1*5)
A = 2500(1.02)^5
A = £2,765.30
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what type of federal funding is free money but is based on financial need only?
Answer:
Explanation:
Answer:
parks and recreation? brainliest?
Explanation:
An ethical statement that is typically published on corporate websites and is intended for audiances outside and inside the company is known as
An ethical statement that is typically published on corporate websites and is intended for audiences outside and inside the company is known as a "code of ethics" or "code of conduct".
A code of ethics outlines the values and principles that a company or organization expects its employees to adhere to, and provides guidance on appropriate behavior and decision-making. It is intended to promote ethical behavior and prevent misconduct, and may cover topics such as conflicts of interest, confidentiality, fair competition, respect for human rights, and environmental responsibility.
A code of ethics is typically communicated to employees during onboarding and training, and is made publicly available on the company's website or other public documents. It is an important tool for building trust with stakeholders, including customers, investors, and the broader public, and can help to establish a company's reputation as a responsible and ethical business.
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While Hannah attends college, she works part-time for a cutlery company. Using her personal connections and network of friends, she offers consumers face-to-
face presentations in their homes. This is an example of
Multiple Choice
Using her personal connections and network of friends, she offers consumers face-to-face presentations in their homes. This is an example of Direct selling.
Direct selling refers to the sale of products or services directly to consumers without the use of intermediaries like retail stores or wholesalers. It is a popular business model that has been used for decades and is often associated with home-based businesses and network marketing.
Direct selling companies typically offer their products through independent salespeople or distributors, who are responsible for promoting and selling the products to their network of customers. These distributors often earn commissions on their sales and can also build their own teams of distributors, earning additional commissions on their team's sales.
Direct selling can be a flexible and lucrative way to earn income, but it also requires hard work and dedication.
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Checking deposits generally have a _____ return on investment than do certificates of deposit because checking deposits are _____.A: lower; less liquid
B: lower; more liquid
C: higher; more liquid
D: higher; less liquid
The correct answer is B:
Checking deposits typically have a lower return on investment than
certificates of deposit (CDs) because they are more liquid, meaning that the funds can be easily accessed and withdrawn without penalty.
CDs, on the other hand, generally have a higher return on investment
because they are less liquid, meaning that the funds are tied up for a set period of time and cannot be accessed without incurring a penalty.
The increased liquidity of checking deposits makes them more convenient for day-to-day transactions, but also means that they offer a lower rate of return compared to CDs, which are intended for longer-term investment and savings.
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Interest payments on a loan can be a significant cost for a business. What happens if in a free market the demand for loans increases significantly?
In a free market, an increase in demand for loans can lead to higher interest rates due to the limited supply of loanable funds.
In a free market, interest rates are under pressure to rise if loan demand rises considerably. This is because there is a finite amount of money that can be borrowed, and lenders can raise interest rates on borrowers as demand for loans increases.
Higher interest rates may make borrowing more expensive for firms, which may discourage investment and impede economic expansion. As a result, companies could need to change how they approach borrowing, either by taking on less debt or looking for new funding options with lower interest rates.
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A ______ the supply curve represents a change in supply while a ______ the supply curve represents a change in the quantity supplied.
Answer:
The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period. In a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.
Explanation:
i hope it helps:)
What is meant by the economic problem?
Answer:
hey! hope this helps love! Economic problems asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. Economics involves the study of how to allocate resources in conditions of scarcity.
To avoid the embarrassment of getting into financial difficulty, there is a simple rule that will help most people.
It is this:
Answer:
If you’re worried about money, you’re not alone. Many of us, from all over the world and from all walks of life, are having to deal with financial stress and uncertainty at this difficult time. Whether your problems stem from a loss of work, escalating debt, unexpected expenses, or a combination of factors, financial worry is one of the most common stressors in modern life. Even before the global coronavirus pandemic and resulting economic fallout, an American Psychological Association (APA) study found that 72% of Americans feel stressed about money at least some of the time. The recent economic difficulties mean that even more of us are now facing financial struggles and hardship.
Explanation: hope this little article helps you
True or false:
charge capture relates to charges for missed appointments.
False. Charge capture does not relate to charges for missed appointments. Charge capture refers to the process of accurately capturing and recording charges for medical services provided to patients. It involves capturing all billable services, procedures, medications, and supplies delivered during a patient encounter.
In healthcare settings, charge capture is crucial for proper billing and revenue management. It ensures that healthcare providers accurately capture and document the services rendered to patients, enabling appropriate reimbursement from insurance companies or patients themselves.
Missed appointment charges, on the other hand, are typically related to policies regarding missed or canceled appointments. When patients fail to show up or cancel appointments without sufficient notice, healthcare providers may charge a fee to compensate for the lost time and resources.
Therefore, charge capture and charges for missed appointments are distinct concepts, with charge capture focusing on accurately documenting and billing for services rendered, while charges for missed appointments address the financial impact of missed or canceled appointments.
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Charge capture relates to charges for missed appointments. - False
Explanation:Charge capture refers to the process of accurately recording and documenting medical services and supplies provided to a patient. It is a vital part of the billing and coding process in healthcare. It involves capturing charges for services such as tests, procedures, medications, and supplies. Missed appointments, on the other hand, may result in charges for the patient, but this is not the main focus of charge capture.
Thus, it facilitates accurate barcode scanning, electronic health record integration, and real-time charge entry to streamline revenue cycle management and reduce errors in healthcare billing processes. In summary, charge capture is not specifically related to charges for any missed appointments.
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I don't have moey. What is the best job to get when you're in middle school?
Answer:
You can work at publix as a cashier. They acept 14 year olds. And ur in 8th grade as 14 which is in middle school.
Explanation:
This is the best job u can get as a kid
also brainlist me pls
Carmin performs services in exchange for a 25% interest in Real Estate Rental Partnership. The services were worth $23,000. The tax implications to Carmin are:
Carmin will be taxed on the fair market value of the 25% interest in Real Estate Rental Partnership received in exchange for services, which is $23,000.
Carmin will be considered a partner in the Real Estate Rental Partnership and will be taxed on their share of the partnership's income and losses, which will include their share of the rental income generated by the partnership. The value of the services performed by Carmin will be treated as a capital contribution to the partnership, and will increase Carmin's basis in their partnership interest. The tax implications of the partnership income and losses and the increase in basis will depend on Carmin's individual tax situation and should be discussed with a tax professional.
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FILL IN THE BLANK. with regard to quality management systems, is a formal document that demonstrates a commitment to achieving high quality and meeting customer expectations.
Total quality control is a comprehensive collection of methods used to reduce mistakes across a company.
What is Total Quality Control?Total quality control is a broad range of methods used to reduce errors across an organization. An firm can significantly increase both its profitability and customer satisfaction by doing this. Employees from all departments who have the authority to make changes must participate. This strategy incorporates several ideas, such as:What counts is how the customer feels about the quality.Process enhancements are the primary focus of error reduction.There is no end to the overall quality control effort because processes must be continually improved.The objective of quality improvement must be closely integrated with ongoing feedback loops and motivational techniques.To Learn more About Total quality control refer to:
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An advantage of the establishment survey over the household survey of the labor market is that the establishment survey:A) includes persons employed at newly opened firms.B) includes the number of self-employed persons.C) is based on actual payrolls rather than on unverified answers.D) provides an estimate of the number of persons unemployed.
The advantage of the establishment survey over the household survey of the labor market is that it is based on actual payrolls rather than on unverified answers.
This means that the establishment survey provides more accurate data on employment and wages because it is collected directly from employers. Additionally, the establishment survey includes persons employed at newly opened firms, which the household survey may not capture. However, unlike the household survey, the establishment survey does not provide an estimate of the number of persons unemployed.
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What type of business makes physical goods that customers can see or touch?
Internet service provider
banking industry
manufacturing industry
commodities industry
Manufacturing industry, type of business makes physical goods that customers can see or touch. Thus, option (c) is correct.
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Manufacturing industry is a type of business that can produced the goods (product) are tangible form. Manufacturing industry produced two types of goods such as consumer goods and industrial goods. Customer can easily touch and feel the product.
As a result, the significance of the type of business makes physical goods that customers can see or touch are the aforementioned. Therefore, option (c) is correct.
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which significant event triggered the rapid and continuing growth in the demand for higher education in texas?
The end of World War II triggered the rapid and continuing growth in the demand for higher education in Texas.
In Texas, higher education is provided by a number of public and private institutions. The Texas Higher Education Coordinating Board is the state agency responsible for coordinating higher education in Texas.
The Coordinating Board oversees the state's public university system, which includes nine universities and two health-related institutions. The Board is committed to ensuring that all Texans have access to the resources and opportunities they need to succeed in higher education
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Does our economic system rely on the successful exchange of products and services between businesses and consumers
Yes, our economic system relies on the successful exchange of products and services between businesses and consumers.
How does this help the economy ?Exchanging of goods and services between companies and customers is the lifeblood of a market economy. Enterprises develop products and services that people want or require, and purchasers buy those products and services from organizations.
This interchange creates a system of supply and demand which influences the prices of commodities and services and boosts economic expansion.
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Someone Help This Is Due today !!!!
Match the Professionalism term with its meaning
1.
Accountability
2.
Integrity
3.
Punctuality
4.
Productivity
5.
Initiative
a.
doing your job as efficiently and effectively as possible
b.
doing the right thing, even when no one is watching
c.
being responsible for your actions and words
d.
being on time
e.
to take charge or do things without being told
Answer:
Number 1
Explanation:
Number 1 is correct
________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. ________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. Company advertising Institutional advertising Pioneering advertising Advocacy advertising
Answer:
Pioneering Advertising
Explanation:
Pioneering advertising is the advertising campaign of the new product that should compete the single product by having a developed market place. The motive of this type of advertising is that to inform the consumers with respect to the arrival of the new innovation in the product along with the description of its benefits
So according to the given situation it represents the pioneering advertising
midge feels that the price of gold is going to fall because inflation is on the decline. to profit from her prediction, assuming she is correct, midge should
Yes, Midge should sell short a futures contract today to profit from her prediction that the price of gold will fall due to declining inflation.
Selling short a futures contract involves selling a commodity, such as gold, that the seller does not currently own. The seller agrees to deliver the commodity at a future date, anticipating that its price will decline. If Midge believes that the price of gold will fall due to declining inflation, selling short a gold futures contract would allow her to profit from this prediction.
By selling short a futures contract, Midge can take advantage of falling gold prices. If the price does indeed decrease as she predicts, she can buy back the futures contract at a lower price and make a profit on the difference. This strategy allows Midge to benefit from her anticipation of declining inflation and the subsequent impact on the price of gold.
However, it's important to note that selling short carries risks. If Midge's prediction is incorrect and the price of gold rises instead, she could potentially incur losses. Therefore, careful analysis and consideration of market conditions and trends are crucial when engaging in futures trading to maximize the chances of making profitable trades.
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The Complete question is
Midge feels that the price of gold is going to fall because inflation is on the decline. To profit from her prediction, assuming she is correct, Midge should sell short a futures contract today.
1. What area of law protects the sale of a home?
common law
contract law
statutory law
criminal law
2. With respect to a contract, what does the term “consideration” mean?
Both parties agree to be considerate to one another.
Something of value must be exchanged between the parties.
One party offers valid terms, and the other party accepts those terms.
The terms of the contract are enforceable.
3. Which system of law is a complete set of rules enacted as a single written system or code?
common law
administrative law
civil law
statutory law
1 contract law
2 Something of value must be exchanged between the parties.
3 civil law
Why is the law important?
Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.
How many kinds of Laws?
Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.
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blossom company uses a periodic inventory system. its records show the following for the month of may, in which 137 units were sold. Unit Total Cost $693 742 1,110 $2,545 Units May 1 Inventory 63 15 Purchases 53 24 Purchases 74 190 Cost $11 14 15 Totals Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods FIFO LIFO Ending inventory at May 31 Cost of goods sold
FIFO (First In, First Out): In the FIFO method, the first units purchased are assumed to be the first units sold, so the ending inventory at May 31 would be the units remaining from the second purchase, which is 24 units. The cost of goods sold would be the cost of all the units that were sold, which is 137 x $11 = $1,497.
LIFO (Last In, First Out): In the LIFO method, the last units purchased are assumed to be the first units sold, so the ending inventory at May 31 would be the units remaining from the first purchase, which is 53 units. The cost of goods sold would be the cost of the units that were sold from the second purchase, which is 137 x $15 = $2,055.
The FIFO method results in a lower cost of goods sold and a higher ending inventory, whereas the LIFO method results in a higher cost of goods sold and a lower ending inventory. This is because, in the FIFO method, the ending inventory is composed of the lower-cost and older units, whereas in the LIFO method, the ending inventory is composed of the higher-cost and newer units.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
what do limited partners in a business give up ? why ?
Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.
Explanation:
Economic freedom means more than being able to buy the things you want. It means that you have the freedom to choose _________________________.
Answer:
your career, your employer, and your job location.
Explanation:
The concept of economic freedom means, in addition to the power to choose what to buy due to the variety of goods and services available in a competitive market. Economic freedom in society qualifies the individual as an economic agent capable of using the resources he has to build his professional life, his career and choose his place of work.
The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency
Answer:
a.The rate of inflation
Explanation:
Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI
The rate of inflation would be most impacted to the purchasing power of people income
Therefore the option a is correct
There are several disadvantages to the payback method, among them: _____________
a. payback ignores the interest that is earned during the period of time the project is in place.
b. payback can be used in conjunction with time-adjusted methods of evaluation.
c. payback is basic to use and understand.
d. payback emphasizes receiving money back as fast as possible for reinvestment.
There are several disadvantages to the payback method, among them payback can be used in conjunction with time-adjusted methods of evaluation.
An investor may use a variety of ways in capital budgeting to estimate systems; these ways are broken into discounting andnon-discounting approaches. When assessing capital systems, the vengeance period is employed as a method of capital budgeting. The anticipated time it would take for a design's original cost to be recouped by the cash flows it produces is known as the payback period. The repayment method simply computes the scheme's total balance up until the starting cost is repaid. The approach offers benefits including being simple to use and comprehend. The approach generally does not call for a complex study, and it can be combined with time- acclimated evaluation ways.
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Create a comic strip, poster, or other visual art presentation that illustrates the forces of supply and demand, just as the dance routine in Supply and Dance, Man illustrated it using
the example of selling canes. Invent a fictitious business and illustrate how the business's successes shift supply and demand. Identify the supply and demand factors at play.
Answer:
demand is equal to 1000 and factors is equal to 5000
Which of the following is NOT affected by marketing?
A. The locations you shop
B. The items you purchase
C. The product regulations
D. The use of the products
Answer:
D, The use of products.
The use of the products is not affected by marketing. Thus, option D is appropriate.
Marketing describes the actions a business takes to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of businesses.
Marketing is the procedure of discovering, developing, and providing value to satisfy a target market's needs in terms of products and services, which may also involve choosing a target audience. The process of developing, communicating, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large collectively is known as marketing.
Thus, option D is correct.
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Which of the following things can help you get a lower interest rate when you receive a loan?
A. A low credit score
B. A history of defaulting
C. Using all of your available credit
D. Collateral
Answer:
D. Collateral
Explanation:
Collateral refers to an asset offered to a lender to secure a loan. Borrowers use properties, motor vehicles, or other valuable items to convince lenders to advance credit facilities. Collateral reduces the risk of lending. If the borrower default, lenders have the option of selling the collateral to recover their money.
Because collateral makes a loan less risky, the interest charged is low. A high-interest rate reflects a high-risk borrower.
Answer:
D. Collateral
Explanation:
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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