terrence invests $3500 in two different accounts. the first account paid 3 %, the second account paid 14 % in interest. at the end of the first year he had earned $237 in interest. how much was in each account?

Answers

Answer 1

Let's assume the amount invested in the first account is 'x' dollars, and the amount invested in the second account is '3500 - x' dollars (since the total investment amount is $3500).

Interest rate of the first account = 3%

Interest rate of the second account = 14%

Interest earned after one year = $237

To find the amount in each account, we can set up the following equation based on the interest earned:

(x * 0.03) + ((3500 - x) * 0.14) = $237

Simplifying the equation:

0.03x + 0.14(3500 - x) = $237

0.03x + 490 - 0.14x = $237

-0.11x = $237 - $490

-0.11x = -$253

Dividing both sides of the equation by -0.11:

x = -$253 / -0.11

x ≈ $2,300

Therefore, Terrence invested approximately $2,300 in the first account (earning 3% interest), and the remaining amount ($3500 - $2,300 = $1,200) was invested in the second account (earning 14% interest).

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Related Questions



A computer game that can be purchased online and played right away has good _____utility.
A. Form
B. Information
C. Value
D. Time

Answers

D time this is because you didn’t have to do much to set it up

Your client, bruno, is an investor. he is in the process of selling a fourplex and mentions to you that he hates the idea of the capital gains tax he'll be subject to. what should you tell him

Answers

I will tell him to consider a 1031 tax-deferred exchange as he hates the idea of the capital gains tax that will be imposed on his sales of his fourplex.

What is a capital gains tax?

These is a type of tax that is owed on profits made from the sale of most investments if they are held for at least one year.

In conclusion, because bruno dislikes the idea of the capital gains tax that will be imposed on his sales of his fourplex, then, i will tell him to consider a 1031 tax-deferred exchange.

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write a sample audit question from the following process
criteria purchasing process (procedure 3.2) states: "all purchases
must be made from an approved supplier"

Answers

1. Is there a list of approved suppliers available for reference during the purchasing process?

2. Have any purchases been made from a non-approved supplier? If so, what was the justification for doing so?

3. Is there a process in place for updating the list of approved suppliers?

4. Are there formal reviews for assessing supplier performance?

when an economy produces a good such that the marginal benefit equals the marginal cost, this indicates that

Answers

What happens when an economy produces good in a way where marginal benefit equals marginal cost is that resource are allocated efficiently

Basically, when the marginal benefit equals the marginal cost, it shows that the quantity (output) produced is efficient.

Hence, the principle applies to an economy as well because when the total marginal benefit equal marginal cost, it shows that the output is efficient.

In conclusion, what happens when an economy produces good in a way where marginal benefit equals marginal cost is that resource are allocated efficiently.

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two times the sum of a number and 9

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The equation 2x+9 is created by adding 9 to the original integer twice.

By twice, we imply that you multiply it by two, or 2. Therefore, we are increasing the total of these two things by 2. We will call the unknown number, which we don't know, x.

Let the number be x

now two times the number= 2x

adding 9 in the number

2x + 9

Any value can be substituted with x to get a numerical value

For example

x = 4

Thus, 2(4) + 9= 8+9 = 17

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Victoria is going to invest into an account that pays 9% compounded daily. How much would Victoria need to invest, to the nearest dollar, for the value to account to reach $580 in 6 years? $338.02 $3 $338 $2.64

Answers

Victoria would need to invest $338.02, to the nearest dollar, for the value of the account to reach $580 in 6 years.

To calculate the amount Victoria needs to invest, we can use the compound interest formula: A = P(1 + r/n)^(nt), where A is the future value, P is the principal amount (the amount to be invested), r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years. Plugging in the given values, we have 580 = P(1 + 0.09/365)^(365*6). Solving for P, we find P ≈ $338.02.

Therefore, Victoria needs to invest approximately $338.02 for the account value to reach $580 in 6 years.

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How does the availability of economic resources in conjunction with the law of diminishing returns affect an entrepreneur's decisions?

Answers

Answer: A

Explanation:

According to the law of diminishing returns, the increase in output that results from adding a production factor is smaller. The law of diminishing returns aids the business in determining the ideal amount of output in production. This is so that the producer can determine whether or not the output has reached its maximum potential.

Why is the law of diminishing returns important?

Because economists anticipate that a firm's short-run marginal cost curves would slope upward as the number of output units rises, the law of diminishing returns is significant because it forms part of the theoretical framework.

According to the economic theory known as the law of diminishing returns, as an investment in a certain area rises, the rate of profit from that investment can no longer rise if other factors remain constant after a certain point.

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firm-specific risk is also referred to as a. diversifiable risk, unique risk. b. systematic risk, market risk. c. diversifiable risk, market risk. d. systematic risk, diversifiable risk.

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A risk that only pertains to one firm, market, or sector is referred to be specific by investors. Systematic risk or market-wide risk are the antithesis of this. Other names for specific risk include unsystematic risk and diversifiable risk. So option a is correct.

What does the term "particular risk" mean?

To an investor, a specific risk is a danger that exclusively pertains to a single business, industry, or sector. It is the antithesis of systematic risk or market-wide risk. Specific risk is also known as unsystematic risk or diversifiable risk. A specific risk in finance is one that only impacts a small subset of assets. This is frequently referred to as "unsystematic risk." There would be a spread between overall market risk and risks unique to each asset in a well-balanced asset portfolio.

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How do these investors help bring business opportunities to the country?

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Investors play a crucial role in bringing business opportunities to a country.

An investor is any individual or another organisation (such as a business or mutual fund investor) who invests money with the hope of making a profit. They invest their capital in various businesses, startups, and projects, which in turn create job opportunities and boost the economy. With the influx of investments, businesses can expand and grow, resulting in increased productivity and profitability.

Additionally, investors can bring expertise and knowledge to the table, which can help businesses flourish. As a result, the country benefits from increased economic growth, improved standards of living, and more diverse business opportunities.

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Assuming annual compounding, find how long it would take for the general lovel of prices to double at the following annual inflation rates: a. 1% b. 5% c, 9% d. Check your answere using the Rule of 70 or the Rule of 72 , whichever applies.

Answers

The Rule of 70 states that the number of years it takes for an investment to double is approximately 70 divided by the annual growth rate. a. 70 years, b. 14.4 years c. 8 years.

Using the Rule of 70 or the Rule of 72, we can calculate the approximate number of years it would take for the general level of prices to double at different annual inflation rates:

a. For an annual inflation rate of 1%, using the Rule of 70, it would take approximately 70/1 = 70 years for prices to double.

b. For an annual inflation rate of 5%, using the Rule of 72, it would take approximately 72/5 = 14.4 years for prices to double.

c. For an annual inflation rate of 9%, using the Rule of 72, it would take approximately 72/9 = 8 years for prices to double.

Using these rules, we can estimate the time it would take for prices to double based on the given inflation rates. It's important to note that these are approximations and may not precisely match the actual time it would take for prices to double, but they provide a useful guideline for understanding the impact of inflation over time.

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The wearing away of the Earth's surface is called​

Answers

Answer:

Erosion is the wearing away of the Earth's surface.

Team players are sought-after employees
True
False

Answers

Answer:

true,

Explanation:

Which of the following is not a reason that the subject line should never be
left blank?
• A. The receiver may be
confused and decide to delay opening it.

B. The receiver may think the message iS spam.
C. The email will not be transmitted without that information.
D. The receiver may not consider the message important.

Answers

Answer: C. The email will not be transmitted without that information is not a reason that the subject line should never be left blank. The email can be transmitted without a subject line, it just may be less likely to be opened or considered important by the receiver.

Explanation:

Answer:

C. The email will not be transmitted without that information.

A subject line is important in an email because it gives the receiver an idea of what the email is about and whether or not it is important or relevant to them. Leaving the subject line blank can cause confusion, delay the receiver opening the email or even mark it as spam, and make the receiver not consider the message important. But an email will be transmitted without a subject line, it's just that the receiver may not understand the content of the email.

How does a supply curve differ from a demand curve and how is the different related to increases in price

Answers

Answer:

A demand schedule is a table that shows the quantity demanded at different prices in the market. A demand curve shows the relationship between quantity demanded and price in a given market on a graph. ... A supply curve shows the relationship between quantity supplied and price on a graph.

How do the events of the nation affect the national debt?

Answers

Answer:   Growing debt has a direct effect on economic growth and the opportunities available to every individual in the country. If excessive levels of debt crowd out private or public or mutual investments in capital goods or works, workers would have less to use and get from their jobs, which would translate to lower productivity work and, therefore, lower wages in multiple aspects of the country's work done. High levels of debt would affect many other aspects of the economy in the future. For eq, higher interest rates result from increased borrowing from multiple agencies and invite under the various segments of college education house loan work loan. Less education and work opportunities will need skills up for various degrees and work to be followed under any scheme.

Explanation:

If we fail to act before a stipulated time the long time fiscal challenges will remain unaddressed and unchanged. The economic crisis and the overall economic environment weaken as confidence suffers, the access to capital funds gets reduced, interest costs crowd out key investments in our future, the conditions for growth deteriorate, and our nation is put at greater risk of economic crisis. If our long-term fiscal imbalance is not addressed, our future economy will be minimized, with fewer economic opportunities for families and workers down there in their own country.

Heightened Homes is a real estate firm based in Texas. The company ensures that employees' pay is dependent on what they are capable of doing. The company also supports efforts to empower its employees by encouraging them to be independent and to make decisions in various areas. This, in turn, ensures job enrichment. Based on this information, identify the pay structure being utilized by Heightened Homes. Select one: a. straight piecework plan b. skill-based pay systems c. merit pay system d. differential piece rates e. standard hour plan

Answers

Answer: skill-based pay systems

Explanation:

Prestige products or services do not follow the Blank______ curve. Multiple choice question. unitary demand downward-sloping demand elastic demand upward-sloping demand

Answers

The unitary demand curve is not applicable to luxury goods or services. Option 1 is Correct.

Demand that fluctuates in proportion to price is said to be unitary elastic. It indicates that a change in price equals a change in demand proportionately. For the demand curve to be considered pure elastic, it must be horizontal. When a price change has an identical percentage impact on the amount demanded, this is referred to as unitary elasticity of demand.

For instance, the amount requested reduces by 3% when a good's price increases by 3%. Additionally, the amount requested increases by 3% when the price decreases by 3%. To put it another way, quantity varies more quickly than price. The demand is inelastic if the value is less than 1.  Option 1 is Correct.

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Correct Question:

Prestige products or services do not follow the Blank______ curve. Multiple choice question.

1. unitary demand

2. downward-sloping demand

3. elastic demand

4. upward-sloping demand

why do cellphone services providing firms often charge higher prices to pre paid than those on contract​

Answers

Answer: Prepaid cost more because it has more perks than contract, it offers more to the customer's either in data or calls

Explanation:

Prepaid phone services are services that which requires you to pay an upfront for the plans you'll be using in either calling,browsing or texting

While contract has you to choose from monthly plans

Prepaid cost more because it has more perks than contract, it offers more to the customer's either in data or calls

At what age can you start working?

Answers

Answer:

Explanation:

depends on where you live

Explanation:

It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14

how can companies generate goodwill through their social media communications? Using quantifiable metrics. True or false?

Answers

The given statement "Companies generate a goodwill through  social media communications" is false. Because, generating goodwill through social media communications is a qualitative objective and is difficult to measure through quantifiable metrics.

While social media analytics can provide quantitative insights into engagement metrics such as likes, shares, and comments, these metrics alone do not necessarily indicate the success of a company's social media communications in generating goodwill.

Generating goodwill through social media communications involves creating a positive brand image, building trust and loyalty with customers, and establishing a sense of authenticity and transparency in the company's communication.

Qualitative measures such as customer feedback, sentiment analysis, and brand reputation are more useful in assessing whether a company's social media communications are generating goodwill among its audience.

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What is the research and development department?

Answers

Research and development (R&D) activities are characterized as imaginative and methodical labor carried out to add to the body of information, including an understanding of people, culture, and society, and to create new applications based on the knowledge already in existence.

For progress to be meaningful, research is essential. Development efforts would be pointless without research. Depending on the demands that already exist and the desired outcomes, many types of research may be done.

The outcomes will be more accurate and dependable the more rigorous the study design and thorough implementation. By offering market insights and creating new services/products or upgrading existing ones in response, an R&D department's job is to keep a corporation competitive.

The R&D division will play a significant role in how the company expands in the future. A variety of duties will fall under the purview of the R&D division.

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Janyell is the money person. All purchases or any funds needed for business activities have to be sent to her and approved first.
Which Function of Business is Janyell most closely
associated with?

A- accounting
B- sales
C- production
D- finance

Answers

Answer:

B?

Explanation:

does unemployment affect demand?

Answers

Yes it does. Unemployment is when a person isn't currently hired at a work pleace. If people are unemployed they are making no income so less people are in need of products so it lowers the demand.

Privacy concerns are one of the biggest reasons people don't purchase goods and services online.

true
false

Answers

As regards people not purchasing online because of privacy concerns, this statement is True.

Why are people skeptical of online sales?

There is a general belief amongst many that purchasing goods online can violate one's privacy and security as regards using credit and debit card information to pay for goods.

As a result, people are always skeptical of buying things online but this hasn't stopped a lot of people.

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2. What do you think Alana's goals should be?








Answers

I think Alana's goal should be to create a budget that will make her save enough money to pay for all expenses.

What's plutocrat? Plutocrat is any item or empirical record that's generally accepted as payment for goods and services and prepayment of debts, similar as levies, in a particular country or socio- profitable environment.The primary functions which distinguish plutocrat are as a medium of exchange, a unit of account, a store of value and occasionally, a standard of remitted payment. What's significance of plutocrat? Plutocrat can not buy happiness, but it can buy security and safety for you and your loved bones. Mortal beings need plutocrat to pay for all the effects that make your life possible, similar as sanctum, food, healthcare bills, and a good education

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Who knows about the College called.. IAP ?

Would you guys recommend it, or not?

Because right now, I’m in high school but I’m almost going to graduate. And there’s so many ppl that I know that want to go to community colleges and so I don’t know what to do because what I want to do, you don’t need a degree and the college that I want to go to, you are there part time, either online or in person but the problem is .. how do I know if it’s a scam or not? Because the answer is I don’t. I’ve been wanting to go here because you can get whatever course you want done fast and they help you get the job that you want ASAP, which it’s like 6-12 weeks to complete your courses. And the other reason why I want to go here is because it’s a fair price for each course you want to take. It makes sense though I guess because all of those courses for that college, you don’t need a degree but they help you get the job that you want after you take those courses, and I think that’s cool but.. like I said, I don’t know if it’s a scam or not. That’s why I’m asking on here (lol) because people that I know, family, and my friends, no one knows about this college and I don’t want to get my hopes up knowing if it’s a scam, why even try getting into this college. If I make sense. Hope you guys can help me out. It’ll mean a lot, thank you :) .

Also, I give Brainliest for whoever wants it!

Answers

i would like brainliest

Question 1 0.2 pts Calulate the price-weighhted index with two component stock. Price of stock A: 4 Price of stock B: 25

Answers

The price-weighted index for two component stock with Price of stock A: 4 Price of stock B: 25 is 14.5.

Price-weighted index is one of the commonly used indexes in the stock market. It is a stock index where each stock is given an equal weight in calculating the index. A stock index is a weighted average of the prices of selected stocks. A price-weighted index gives the most weight to the stocks with the highest prices.
The formula for calculating the price-weighted index is: Price-weighted index = (Price of Stock A x Number of Shares of Stock A) + (Price of Stock B x Number of Shares of Stock B) / Divisor
Price of stock A = $4, Price of stock B = $25
Since there are only two component stocks in the index, the divisor will be 2. Using the formula, Price-weighted index = (4 x 1) + (25 x 1) / 2 Price-weighted index = 14.5 Therefore, the answer is 14.5.


Hence, the price-weighted index for two component stock with Price of stock A: 4 Price of stock B: 25 is 14.5.

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Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?

Answers

Answer: 40 pounds

Explanation:

Given the following :

Ordering cost = $10 / order

Carrying cost = 4 cents per pound per day

Cost of pepperoni = $3 per pound

Daily demand = 20 pounds

Order quantity = 80 pounds

Average inventory level at the time in which 80 pounds of pepperoni was ordered is given as

Average inventory level is given as :

Order quantity / 2

80 pounds / 2 = 40 pounds

Identified by Schein Authority, responsibility, and delegation Without this, the organization begins to drift and become disorganized Individuals do make a difference, but they cannot do everything themselves Coordinated effort This results in greater efficiency Division of labor Without the right to direct the work of others, there is no coordination of effort Centralization vs. decentralization Span of control Additional Elements Most Agree Upon Hierarchy of authority This is linked with whether the structure is taller or flatter Common purpose This has to do with having the rights associated with managerial tasks This is related to who makes important decisions in the organization

Answers

The identified elements of organizational structure (including authority, responsibility, delegation, coordinated effort, span of control, hierarchy of authority, etc.) are associated with managerial tasks.

Organizational structure is a vital aspect of any successful organization, and the identified elements of Schein's model highlight the importance of clear lines of authority and responsibility, effective delegation, and coordinated effort. The division of labor and span of control help ensure that tasks are assigned appropriately, while centralization vs. decentralization determines how decisions are made and communicated.

The hierarchy of authority and common purpose further reinforce the importance of a clear organizational structure, while the rights associated with managerial tasks ensure that those in leadership positions are able to effectively direct and guide the organization.

Overall, these elements are critical for ensuring that an organization is able to operate efficiently and achieve its goals.

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What is a stock symbol?

Answers

Answer:

A stock symbol is an arrangement of characters—usually letters—representing publicly-traded securities on an exchange. When a company issues securities to the public marketplace, it selects an available symbol for its shares, often related to the company name.

Explanation:

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