if the annual interest rate based on simple rate (compounding your interest payment once a year) is 20%. what is the annual interest rate is 12 times per year (compounding frequency is 12)?

Answer:

I would choose to live in Townville. This is because the real wage of $12,000 in Townville is greater than the real wage of $11,111 in Gutenberg.

Explanation:

Note: The correct amount which average persons earns in Gutenberg is $25,000, not $25,00 that is mistakenly written in the question.

The explanation to the answer is now provided as follows:

Where to live and why can be determined by comparing the real wages in Towneville and Gutenberg.

Real wage refers to the nominal wage that has been adjusted for inflation. The real wage can be calculated using the following formula:

Real wage = (Nominal wage / CPI) * 100 ……………. (1)

Where;

For Towneville:

Nominal wage = $15,000

CPI = Consumer price index, an inflation measure = 125

Substituting the values into equation (1), we have:

Real wage in Townville = ($15,000 / 125) * 100 = $120 * 100 = $12,000

For Gutenberg:

Nominal wage = $25,000

CPI = Consumer price index, an inflation measure = 225

Substituting the values into equation (1), we have:

Real wage in Gutenberg = ($25,000 / 225) * 100 = $111.11 * 100 = $11,111

Based on the calculations above, I would choose to live in Townville. This is because the real wage of $12,000 in Townville is greater than the real wage of $11,111 in Gutenberg.

Answer: I think that ones the answer too

Answer:

c is

Explanation:

The nature of demand indicates that as the price of a good increases D) buyers desire to purchase less of it.

The demand curve is a graphic representation of the relationship between price and the quantity demanded.

All things being equal, the demand curve shows a downward sloping demand when the price of goods increases because buyers purchase less quantity of the goods.

A) suppliers wish to sell less.

B) more of it is produced.

C) more of it is desired.

D) buyers desire to purchase less of it.

Thus, the nature of demand indicates that as the price of a good increases D) buyers desire to purchase less of it.

Learn more about the nature of demand at https://brainly.com/question/15252089

#SPJ1

Answer:

No

Explanation:

All prime numbers most be more then 1.

False. An upward revision of tax brackets to keep workers from paying more in taxes due to inflation is a commonly implemented practice known as indexing.

Indexing is a mechanism used to adjust tax brackets, exemptions, and other tax-related parameters to account for inflation and prevent individuals from moving into higher tax brackets solely due to inflationary increases in their income. By adjusting the tax brackets upward to match the inflation rate, individuals' real income remains relatively constant in terms of tax liability.

Indexing helps ensure that taxpayers' purchasing power is not eroded by inflation and prevents the phenomenon known as "bracket creep." Bracket creep occurs when inflation pushes individuals' nominal incomes into higher tax brackets, resulting in higher tax burdens without any real increase in their purchasing power.

Learn more about liability here:

https://brainly.com/question/30805836

#SPJ11

Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.

The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.

Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.

Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.

The question was incomplete, Find the full content below:

Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?

A. He might change his position to include some foreground items such as rocks or grasses.

B. He might tilt his camera up to better capture the tops of the hills.

C. He might add some framing trees in the middle ground of his image.

D. He might circle around to the side of the hills to capture the cows standing on top.

Know more about Three-dimensional here:

https://brainly.com/question/28504776

#SPJ8

Answer:

d) Some of the major advantages of incorporating your business are:

Explanation:

Incorporating a business refers to the legal process of establishing a corporation or a limited liability company. It may involve upgrading the current business ownership structure or forming a new corporate or limited liability company.

A corporation has the advantage of limited liability. This feature safeguards a shareholder property from being attached to the liability of the company. The limited liability feature states that the shareholder liabilities are limited up to the level of capital contribution. Corporations are able to raise funds for expansion more easily compared to other ownership structures. They can sell shares to the public in the money market provided they meet the regulator's set requirements.

Given that the consumer has a utility function given by `u = x1 * x2` and is facing a budget constraint `p1 * x1 + p2 * x2 ≤ I`.We are to derive the Marshallian demand functions for `x1` and `x2` and determine how much of each good will the consumer purchase if `I = 8`, `p1 = 1` and `p2 = 4`.Solution:The consumer’s problem is to maximize their utility function `u = x1 * x2` subject to the budget constraint `p1 * x1 + p2 * x2 ≤ I`.The Lagrangian function `L` is given by;`L = x1 * x2 + λ [I − p1 * x1 − p2 * x2]

`Differentiating the Lagrangian function with respect to `x1`, `x2` and `λ` we get;`∂L/∂x1 = x2 − λp1 = 0`    …..(1)`∂L/∂x2 = x1 − λp2 = 0`    …..(2)`∂L/∂λ = I − p1 * x1 − p2 * x2 = 0`   …..(3)Solving the above equations for `x1`, `x2` and `λ` gives the Marshallian demand functions.`x1 = I/(2 * p1)` and `x2 = I/(2 * p2)`Therefore, the demand functions for x1 and x2 are given by;x1 = I/(2 * p1)     …..(4)x2 = I/(2 * p2)     …..(5) Substituting the given values, `I = 8`, `p1 = 1` and `p2 = 4` into equations (4) and (5) above;x1 = 8/(2 * 1) = 4x2 = 8/(2 * 4) = 1 The consumer will purchase `4` units of `x1` and `1` unit of `x2` if `I = 8`, `p1 = 1` and `p2 = 4`.

Learn more https://brainly.com/question/14929272

#SPJ11

To compute the estimated lower-of-cost-or-market inventory using the conventional retail method, we need to follow these steps:

1. Calculate the cost-to-retail percentage (also known as the cost ratio) for the beginning inventory and purchases. This ratio is calculated by dividing the cost of inventory by its retail value.

Beginning inventory cost ratio = Cost of beginning inventory / Retail value of beginning inventory
Beginning inventory cost ratio = $90,200 / $137,300 = 0.6567 or 65.67%

Purchases cost ratio = Cost of purchases / Retail value of purchases
Purchases cost ratio = $190,925 / $259,800 = 0.7346 or 73.46%

2. Calculate the cost of goods available for sale by adding the cost of the beginning inventory and purchases:

Cost of goods available for sale = Cost of beginning inventory + Cost of purchases
Cost of goods available for sale = $90,200 + $190,925 = $281,125

3. Calculate the expected selling price (market value) of the inventory:

Expected selling price = Retail value of ending inventory x Cost ratio
Expected selling price = $0 x 0.6567 = $0

4. Calculate the cost-to-retail ratio for the expected selling price:

Expected selling price cost ratio = Expected selling price / Retail value of ending inventory
Expected selling price cost ratio = $0 / $0 = undefined

Since the expected selling price is zero, the cost-to-retail ratio is undefined.

5. Compare the cost-to-retail ratio for the expected selling price with the cost-to-retail ratio for the cost of goods available for sale.

If the cost-to-retail ratio for the expected selling price is lower than the cost-to-retail ratio for the cost of goods available for sale, we use the cost-to-retail ratio for the expected selling price to estimate the lower-of-cost-or-market inventory.

If the cost-to-retail ratio for the expected selling price is higher than the cost-to-retail ratio for the cost of goods available for sale, we use the cost-to-retail ratio for the cost of goods available for sale to estimate the lower-of-cost-or-market inventory.

In this case, since the cost-to-retail ratio for the expected selling price is undefined, we use the cost-to-retail ratio for the cost of goods available for sale.

6. Calculate the estimated lower-of-cost-or-market inventory by multiplying the retail value of the ending inventory by the cost-to-retail ratio for the cost of goods available for sale:

Estimated lower-of-cost-or-market inventory = Retail value of ending inventory x Cost ratio
Estimated lower-of-cost-or-market inventory = $0 x 0.7346 = $0

Therefore, the estimated lower-of-cost-or-market inventory for August 31, 2018, using the conventional retail method is $0.

To know more about retail method visit:

https://brainly.com/question/14848666

#SPJ11

Team members can personally enhance the recipe for service by actively contributing to the improvement of service delivery, fostering a positive work culture, and continuously developing their skills and knowledge.

Team members play a vital role in enhancing the recipe for service by actively contributing their efforts and ideas. They can personally enhance the recipe for service by delivering exceptional customer experiences, going above and beyond their assigned responsibilities, and finding ways to improve service delivery processes. This includes actively listening to customers, addressing their needs and concerns, and providing personalized and attentive service.

Moreover, team members can contribute to enhancing the recipe for service by fostering a positive work culture within the team. This involves promoting collaboration, open communication, and mutual support among team members. By cultivating a positive and supportive work environment, team members can create a foundation for delivering excellent service and promoting teamwork.

Additionally, team members can personally enhance the recipe for service by investing in their own development. This can involve seeking opportunities for training, acquiring new skills, and staying updated with industry trends and best practices. By continuously improving their knowledge and skills, team members can better serve customers, adapt to changing needs, and contribute to the overall success of the organization's service delivery.

Overall, team members' active participation, dedication to customer satisfaction, promotion of a positive work culture, and commitment to personal growth are key ingredients in enhancing the recipe for service.

Learn more about Team members here: https://brainly.com/question/32933063

#SPJ11

The answer is false. The times interest earned ratio is calculated by dividing earnings before interest and taxes (EBIT) by interest expense.

The times interest earned ratio is a financial ratio that measures a company's ability to pay its interest expenses.

It is calculated by dividing EBIT by interest expense.

A high times interest earned ratio indicates that a company is able to easily cover its interest expenses.

Net income is the profit that a company makes after paying all of its expenses, including interest expense. However, the times interest earned ratio is not calculated using net income because it can be affected by non-recurring items, such as one-time gains or losses.

EBIT is a better measure of a company's ability to pay its interest expenses because it is not affected by non-recurring items.

The times interest earned ratio is a useful tool for investors and creditors to assess a company's financial health. A high times interest earned ratio indicates that a company is able to easily cover its interest expenses and is therefore less likely to default on its debt.

However, a low times interest earned ratio does not necessarily mean that a company is in financial trouble. There are other factors that can affect a company's ability to pay its interest expenses, such as the amount of debt it has and the interest rate on its debt.

To learn more about times interest earned ratio click here: brainly.com/question/29392533

#SPJ11

ý = 12 - 2Rural. ý = 12 + 0.5 + 3. Coefficient estimates would remain the same as in the original model. Perform separate regressions for rural and urban areas, calculate SSR, and use Chow Test statistic for hypothesis testing.

To test the hypothesis of no differences across gender in the relationship between y and x in the two areas, we would perform separate regressions for rural and urban areas. Then, calculate the sum of squared residuals (SSR) for each regression. The Chow Test statistic, which compares the SSR from the separate regressions to the SSR from the combined regression, can be used to test the hypothesis. The critical value for the test can be obtained from the F-distribution table. If we estimate the model y = Bo + 3₁x + 3₂(Femalexx) + B3Female + 34Urban + 35(Urbanx Female) + u, the coefficient estimates would remain the same as in the original model, as the coefficients represent the same relationships between the variables.

Learn more about coefficient estimates here:

https://brainly.com/question/28179755

#SPJ11

Answer:

1. a multi-domestic strategy

Explanation:

A multi-domestic strategy is used by businesses to maximise local profitability in a society.

This is done by customising their products and marketing strategy to specific local needs.

It allows a business to compete favourably in various domestic markets.

In the given scenario Evra Cosmetics customized to suit local needs and preferences of customers, even though the costs incurred while producing these products are exceptionally high.

They are using the multi-domestic strategy to make a foreign company behave like a local one in the market.

Answer:

Here are some:

recruiting, training and supervising staff.

managing budgets.

maintaining statistical and financial records.

planning maintenance work, events and room bookings.

handling customer complaints and queries.

promoting and marketing the business.

Hope it helps you pls mark me brain list.

Answer:

The main duties and responsibilities of the hotel manager are as below:

Explanation:

1) Recruiting, training, and supervising staff.

2) Managing budgets.

3) Maintaining statistical and financial records.

4) Planning maintenance work, events, and room bookings.

5)Handling customer complaints and queries.

6) Promoting and marketing the business.

The utilitarian  view of ethical understanding and reasoning abilities considers ethical behavior to be that which delivers the greatest good to the greatest number of people.

Utilitarianism means that people should practice behavior that are ethical and avoid unethical behavior.

Utilitarianism as well stated that people should do what makes them and others  happy and should not involve in what can make them and others sad.

Therefore the utilitarian  view of ethical understanding and reasoning abilities considers ethical behavior to be that which delivers the greatest good to the greatest number of people.

Learn more about Utilitarianism here :https://brainly.com/question/14453548

#SPJ1

clearing checks

acting as government fiscal agent

supervising members bankers

regulate money supply

supply paper currency

setting reserve requirements

A grade 12 school leaver will require communication, time management and problem solving skills to adapt to the world of work.

Life skills are skills required by individuals are necessary for living and cooperation with others

Some of the life skills include:

A grade 12 school leaver will require communication, time management and problem solving skills to adapt to the world of work.

Learn more about about life skills at: https://brainly.com/question/1099971

A=formal trade

B= informal trade

C= formal trade

D= informal trade

E= informal trade

Trade is basically the activities of buying and selling of goods both locally and internationally.

The decision on whether the trade barrier are formal or informal are as follow:

Lear more about Trade barrier here

brainly.com/question/23607853

The economist employed by the government will justify the subsidy by saying it is expected to increase the productivity which is the basis for the long run aggregate supply curve.

Basically, a subsidies is a program which are provided for education to improve the skills of the individuals going to college.

Economically, the program is expected to increase the productivity which is is the basis for the long run aggregate supply curve.

Now, once the productivity is increased, the potential GDP is increased and thus, the long-run aggregate supply curve is shifted to the right which increases the current GDP as well.

In conclusion, the economist employed by the government will justify the subsidy by saying it is expected to increase the productivity which is the basis for the long run aggregate supply curve.

Read more about subsidy

brainly.com/question/6945210

Answer:

B) payroll deductions

Explanation:

To withhold a payment implies abstaining or avoiding to pay. If an employer withholds some payments, it means that the employee will not receive the withheld amount.

When employers withhold taxes and other deductions, it means the employee will not be given the tax amount. The employer will deduct that amount from the employee pay and forward it to the tax agency. Withholding, in this sense, is payroll deductions.

The 4 main types of trade order in stock market are:

Stock Market or Trade Order refers to the instrcution given by an investor to his broker to buy or sell the investor's share or security on his behalf through a trading platform.

Market order refers to an order to buy or sell shares immediately without any guaranteee on the execution price. Market order will be executed at or near the current bid or ask price. A broker will buy or sell an investor's shares at the current market price and does not control the amount paid for the share purchased or sale.

Limit order refers to an order to buy or sales of stock at a specific set of price or better. Limit order allows an investor to buy or sell shares at his desired price and avoid purchasing or selling price at his undesired price. Limit order will only be executed if the market price in line with the limit oder price. Limit order might come in a form of buy limit or sell limit orders.  

Stop order would be executed if the price market reaches the specific desired price, or stop price. Stop order will trigger market order once the market price reaches the stop price. Stop market is used to avoid larger losses or to lock in profits.  

Stop-limit order refers to a conditional order that requires placing two prices - the stop price and the limit price. Stop-limit order will trigger limit order when the stock hits the stop price. Stop-limit order will guarantee a price limit and guarantees an order execution but not necessarily at the stop order price.

Learn more about Stock Market or Trade Orders here: https://brainly.com/question/22518464

#SPJ4

Answer:

Explanation:

a. A discontinuous innovation or new-to-the-world product.

In 2024, equipment costing $5,600 was sold for $680 and replaced with new equipment costing $7,300.The company would record a depreciation expense of $3,550 for 2024.

To determine the depreciation for 2024, we need to calculate the accumulated depreciation from 2022 to 2024 and then subtract the accumulated depreciation up to the end of 2023 from it.

Given that the company uses the retirement method for depreciation, the depreciation expense for each year is calculated as follows;

Annual Depreciation Expense = (Cost - Salvage Value)/Service Life

Since no salvage value is anticipated, the annual depreciation expense is;

Annual Depreciation Expense = Cost / Service Life

For the office equipment purchased in 2022;

Annual Depreciation Expense = $14,200 / 4 years = $3,550 per year

From 2022 to 2023, two years of depreciation would have been recorded, totaling $3,550 × 2 = $7,100 of accumulated depreciation.

In 2024, the equipment costing $5,600 was sold, which means that the accumulated depreciation up to the end of 2023 needs to be subtracted. Therefore, the accumulated depreciation at the end of 2023 is $7,100.

Now, we can calculate the depreciation for 2024 by subtracting the accumulated depreciation at the end of 2023 from the accumulated depreciation up to 2024.

Depreciation for 2024 = Accumulated Depreciation up to 2024 - Accumulated Depreciation up to 2023

Depreciation for 2024 = ($7,100 + $3,550) - $7,100 = $3,550

Therefore, the company would record a depreciation expense of $3,550 for 2024.

To know more about depreciation expense here

https://brainly.com/question/29774318

#SPJ4

Answer:

He earns $296780 as a Sales Trainee and $377094 as a Sales Associate

Explanation:

Given

Let x represents his sales as a sales trainee

Let x represents his sales as a sales associate

Total Sales: \(x + y = 673874\)

Total Commission: \(0.05x + 0.08y = 45006.52\)

Required

Find x and y

Equations

\(x + y = 673874\) --- (1)

\(0.05x + 0.08y = 45006.52\) --- (2)

Make  y the subject of formula in (1)

\(x + y = 673874\)

\(y = 673874 - x\)

Substitute this in (2)

\(0.05x + 0.08y = 45006.52\)

\(0.05x + 0.08(673874 - x) = 45006.52\)

Open Bracket

\(0.05x + 53909.92 - 0.08x = 45006.52\)

Collect Like Terms

\(0.05x - 0.08x = 45006.52 - 53909.92\)

\(- 0.03x = -8903.4\)

Divide through by -0.03

\(x = \frac{-8903.4}{-0.03}\)

\(x = 296780\)

Recall that

\(y = 673874 - x\)

\(y = 673874 - 296780\)

\(y = 377094\)

Hence;

He earns $296780 as a Sales Trainee and $377094 as a Sales Associate

Answer:

36%

Explanation:

According to this rule, a household should spend a maximum of 28% of its gross monthly income on total housing expenses and no more than 36% on total debt service, including housing and other debt such as car loans and credit cards. Lenders often use this rule to assess whether to extend credit to borrowers.