you're trying to save to buy a new $210,000 ferrari. you have $46,000 today that can be invested at your bank. the bank pays 4.0 percent annual interest on its accounts. how long will it be before you have enough to buy the car?
Answers
A invested 11.55 years before you have enough savings to buy the $210,000 Ferrari if you invest your initial $46,000 at a 4.0% annual interest rate.
To calculate savings to reach $210,000, to determine the time required for your initial investment of $46,000 to grow to that amount with a 4.0% annual interest rate.
The formula to calculate compound interest is:
A = P × (1 + r/n)²(n× t)
Where:
A = the final amount (target savings)
P = the principal amount (initial investment)
r = annual interest rate (as a decimal)
n = number of times interest is compounded per year
t = time (in years)
A = $210,000
P = $46,000
r = 0.04 (4.0% expressed as a decimal)
n = 1 (interest is compounded annually)
$210,000 = $46,000 × (1 + 0.04/1)²(1×t)
Dividing both sides by $46,000:
4.5652173913 = (1.04)²t
The logarithm of both sides to solve for t:
log(4.5652173913) = log((1.04)²t)
Using logarithm properties the exponent:
log(4.5652173913) = t × log(1.04)
both sides by log(1.04):
t = log(4.5652173913) / log(1.04)
t = 11.55 years.
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Related Questions
Why are performance reviews important to workers and employers?
Answers
HELLLPPPP
The Kids have been asked to decide whether India has more wealth than Peru. Mary says they should use the GDP while jann says they should use the GDPP. Who is right?
1. Mary
2. Jann
Neither, they should use the exports and imports
Answers
Answer: Mary
Explanation:
GDP simply means the gross domestic product and it is the value in terms of money based on the goods and services that a country produces.
With regards to the question, Mary is right as the GDP can be used to denote economic growth and also know how a particular economy is doing. Wealthy nations usually have a huge GDP.
What is the first step of the business impact assessment process?
A) Identification of priorities
B) Likelihood assessment
C) Risk identification
D) Resource prioritization
Answers
Answer:
The Answer is D
Explanation:
It is D because you will have to organize your tasks before you do anything else.
✨✨✨ MODĒRATORS!! HELP ME •_•✨✨✨
Write the steps in registering your business. Record them in the correct order. Do this in your answer sheet. (LOOK AT THE PICTURE)
Answers
289292928183281882822
explain the differences that exist between incorporating the tbl framework into the service industry and the manufacturing industry, and why.
Answers
The main difference between incorporating the TBL (Triple Bottom Line) framework into the service industry and the manufacturing industry lies in the nature of their operations.
The service industry primarily deals with intangible products and focuses on delivering experiences, while the manufacturing industry produces tangible goods. Consequently, the TBL framework implementation will vary based on their distinct impacts on social, environmental, and economic aspects.
In the service industry, incorporating the TBL framework involves emphasizing social and environmental considerations in the delivery of services. It focuses on aspects such as employee welfare, community engagement, customer satisfaction, and environmental sustainability in service operations. Economic aspects are also important but may be more indirectly related to the service value proposition.
In the manufacturing industry, the TBL framework encompasses a broader scope, including the supply chain, production processes, and product life cycle. It involves integrating sustainable practices throughout the value chain, optimizing resource efficiency, reducing waste, and ensuring fair labor practices. Economic viability remains crucial, but it is often tied more closely to cost management, efficiency, and product quality.
Overall, while both industries can benefit from adopting the TBL framework, their specific implementation will differ based on the unique nature of their operations and the areas of impact they prioritize.
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why are intermediate products excluded from the macroeconomic calculations of GDP?
Answers
Intermediate products are excluded from the macroeconomic calculations of GDP because their worth is incorporated into the final products.
Intermediate products are goods that are utilized by businesses to produce goods or services. These are also referred to as producer goods. In other words, intermediate products are used in the production of final products or consumer products.
They can also be regarded as ingredients in final products as well as inputs into the production of other items. A corporation may manufacture intermediate products for the production of final or finished goods, or it may sell them to another company involved in the production of final products.
Intermediate products may become a component of the end product or undergo significant changes during the manufacturing process of making finished items.
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Your gross income is 10,000 a month before taxes, and income taxes are estimated at a rate of 20%. In addition, your debt is $2,000 per month. What is your monthly personal debt ratio.
A. 85%
B. 25%
C. 40%
D. 30%
I’m in between B and C because if you take away the 20% for taxes, you get 8,000 and 2000/8000 is 25%, BUT 2000 is 20% of 10000 and plus the 20% for taxes is 40%. What do I do?
Answers
Answer:
c because isnt 2000=20% of 10000 so 40%
Explanation:
The tiny town of Nemo has three neighborhoods located on a straight line: Neighborhood 1, Neighborhood 2, and Neighborhood 3, with Neighborhood 2 located equidistant between Neighborhood 1 and Neighborhood 3. There is one daycare center, located on Neighborhood 1. There are 10 families residing in each neighborhood, and each family has one child. Each family is willing to pay $70/day for daycare, and prefers daycare closest to its own neighborhood (though at current distances, families will purchase daycare services even if it’s two neighborhoods away). Families are indifferent between any two daycares in the same neighborhood. Suppose that daycare costs $30/day per child to provide. A new daycare center is thinking of opening in Nemo. If both daycares will keep their price at $70/day, which neighborhood should the new daycare open in?
Answers
Answer:
Neighborhood 2
Explanation:
Based on the information given if NEIGHBORHOOD 2 is located between Neighborhood 1 and Neighborhood 3 which means that in a situation where both daycares decide to keep their price at the amount of $70/day, the neighborhood that the new day care should open in is NEIGHBORHOOD 2 reason been that with NEIGHBORHOOD 2 all the families living in both Neighborhoods 2 and Neighborhoods 3 will be attracted to Neighborhoods 2 and on the other hand won't not be attracted to Neighborhood 1, for the amount of $800/day which is calculated as:
(10 Families *2) * ($70 for day care - $30 per child)
20*40= $800/day
Therefore the neighborhood that the new daycare should open in is NEIGHBORHOOD 2
Khi nào bán hết 1 tỷ gói mè
Answers
Which of the following represents major standards for ethical behavior?
Answers
Answer:
A. integrity, honesty, respect, fairness
Explanation:
Ap-ex
From the following information, compute the standard deviation of a portfolio that consists of 70% of risk-free asset (expected return of 0.06) and 30% of market portfolio (expected return of 0.20 and standard deviation of 0.15).
0.0450
0.0001
0.0012
0.0625
Answers
The standard deviation of the portfolio consisting of 70% risk-free asset and 30% market portfolio is 0.045.
To calculate the standard deviation of a portfolio, we need to consider the weights and standard deviations of the individual assets in the portfolio. In this case, the portfolio is composed of two assets: a risk-free asset and a market portfolio.
First, we calculate the weighted average expected return of the portfolio:
Expected return = (Weight of risk-free asset * Expected return of risk-free asset) + (Weight of market portfolio * Expected return of market portfolio)
Expected return = (0.70 * 0.06) + (0.30 * 0.20) = 0.045 + 0.06 = 0.105
Next, we calculate the weighted average standard deviation of the portfolio using the formula:
Standard deviation = √[(Weight of risk-free asset)^2 * (Standard deviation of risk-free asset)^2 + (Weight of market portfolio)^2 * (Standard deviation of market portfolio)^2 + 2 * (Weight of risk-free asset) * (Weight of market portfolio) * (Standard deviation of risk-free asset) * (Standard deviation of market portfolio) * (Correlation coefficient between the two assets)]
Since the risk-free asset has no standard deviation (assuming it is completely risk-free), the formula simplifies to:
Standard deviation = (Weight of market portfolio) * (Standard deviation of market portfolio)
Standard deviation = 0.30 * 0.15 = 0.045
Therefore, the standard deviation of the portfolio is 0.045.
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To compute the standard deviation of a portfolio that consists of a risk-free asset and the market portfolio, we need to consider the weights and standard deviations of each asset.
Given that the portfolio consists of 70% of a risk-free asset (expected return of 0.06) and 30% of the market portfolio (expected return of 0.20 and standard deviation of 0.15), we can calculate the standard deviation using the following steps: Calculate the weighted average of the expected returns: Risk-free asset: 70% * 0.06 = 0.042 Market portfolio: 30% * 0.20 = 0.06.
Calculate the weighted average of the standard deviations: Market portfolio: 30% * 0.15 = 0.045 Calculate the standard deviation of the portfolio using the formula: Portfolio standard deviation = sqrt((weight1^2 * standard deviation1^2) + (weight2^2 * standard deviation2^2) + 2 * weight1 * weight2 * covariance)
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List the basic elements of business plan
Answers
Answer:
Company Description
Market Analysis
Competitive Analysis
Marketing Plan
Sales Strategy
Explanation:
Mark me the brainliest if it helped
Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be true about the output produced by the two firms?
Answers
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
Based on the introduction and the job description, which qualities will Sarah need to look for when considering candidates to fill the position at Sarah’s Fruit Pops? List the top three characteristics.
Answers
Answer:
life experiences
Explanation:
high school diploma, college degrees, employment history.
The qualities will Sarah needs to look for when considering candidates to fill the position at Sarah’s Fruit Pops, was an experience.
What are experiences?Experience refers to conscious events in general, and perceptions in particular, as well as the practical knowledge and familiarity produced by these conscious processes. Experience, defined as a conscious event in the broadest sense, entails a subject to which various elements are offered.
The job description, high school diploma, college degrees, and employment history. qualities will Sarah need to look for when considering candidates to fill the position at Sarah’s Fruit Pops
Therefore, By having previous experience in the Fruit Pops, These qualities are Sarah looking for in the candidates.
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Which of these factors is an advantage to using cash?
Answers
Answer:
B no fees or charges
Explanation:
Your welcome
Answer:
B.no fees or changes this is the right one
Cruz company had revenues of 80175 and expenses of 50000 for the year its assets at the beginning of the year were 400000 at the end of the year assets were worth 450000
Answers
The return on assets for Cruz Company with a total revenue of $80,175 and total expenses of $50,000, given average assets of $425,000 is 7.1%.
Return on Assets = Net Income/Average Assets x 100
= $30,175/$425,000 x 100
= 7.1%
The return on assets indicates the profitability of Cruz Company relative to its assets. It is expressed as a percentage by dividing the Net Income with the Average Assets, then multiplied by 100.Data and Calculations:
Revenue = $80,175
Expenses = $50,000
Net income = $30,175
Assets:
Beginning balance = $400,000
Ending balance = $450,000
Average assets = $425,000 ($400,000 + $450,000)/2
Thus, the return on assets equals 7.1% for the year.
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the economy of northwestern europe is highly developed and______
Answers
Industrialized. The economy of Northwestern Europe is highly developed and Industrialized by a high standard of living, advanced technological infrastructure, well-established social welfare systems, and a highly skilled workforce.
It is also known for its high levels of economic and political stability, advanced education systems, and innovative industries.
The countries that make up Northwestern Europe, such as Germany, France, the Netherlands, Belgium, and the United Kingdom, are among the wealthiest in the world, with high levels of productivity and strong international trade relationships. These countries also place a strong emphasis on environmental sustainability and have implemented policies and practices to reduce their carbon footprint and promote renewable energy.
Overall, the economy of Northwestern Europe is highly advanced and continues to be a global leader in many industries and areas of innovation.
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50+50=? hep plz plz plz plz
Answers
Answer:
10000
Explanation:
por que los dinosaurios son rozas
100
50 + 50 is 100 ;)
the accounting term for a situation where two or more people act in coordination to circumvent internal controls is
Answers
The accounting term for an instance where two or more individuals work together to get around internal controls is Collusion.
Internal controls are the systems, guidelines, and practises that a business uses to guarantee the accuracy of its financial and accounting data, foster accountability, and Collusion fraud. As the name implies, corrective controls are implemented to address any problems identified by detective controls.
These may also involve fixing any errors discovered once an accountant has completed the audit procedure on the accounting books. When two or more individuals collaborate to evade internal checks and steal from a business, this is called collusion.
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HELP 100 POINTS!! Review different ways businesses advertise on the Internet. Research three different methods of online advertising. For each method, include the following information. Be specific as pricing will be determined on size and reach of the ad. (5-6 sentences for each method)
Answers
Those are some of the ways to elaborate on the topic but plz write the essay yourself
The Regal Cycle Company manufactures three types of bicycles�a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow:
Total Dirt
Bikes Mountain
Bikes
Racing
Bikes
Sales $ 300,000 $ 90,000 $ 150,000 $ 60,000
Variable manufacturing and selling expenses 120,000 27,000 60,000 33,000
Contribution margin 180,000 63,000 90,000 27,000
Fixed expenses: Advertising, traceable 30,000 10,000 14,000 6,000
Depreciation of special equipment 23,000 6,000 9,000 8,000
Salaries of product-line managers 35,000 12,000 13,000 10,000
Allocated common fixed expenses* 60,000 18,000 30,000 12,000
Total fixed expenses 148,000 46,000 66,000 36,000
Net operating income (loss) $ 32,000 $ 17,000 $ 24,000 $ (9,000)
*Allocated on the basis of sales dollars.
Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not wear out.
Required:
1a. What is the impact on net operating income by discontinuing racing bikes? (Decreases should be indicated by a minus sign.)
1b. Should production and sale of the racing bikes be discontinued?Yes
No2a. Prepare a segmented income statement.
2b. Would a segmented income statement format be more usable to management in assessing the long-run profitability of the various product lines.
Yes
No
Answers
1a. The impact on net operating income by discontinuing racing bikes would be an increase of $9,000 ($24,000 loss from racing bikes would be eliminated).
1b. Yes, production and sale of the racing bikes should be discontinued as they are incurring losses.
2a. Segmented Income Statement for Regal Cycle Company:
Total Dirt
Bikes Mountain
Bikes Racing
Bikes
Sales $300,000 $90,000 $150,000 $60,000
Variable expenses 120,000 27,000 60,000 33,000
Contribution margin 180,000 63,000 90,000 27,000
Traceable fixed expenses 53,000 18,000 22,000 13,000
Net income (loss) $127,000 $45,000 $68,000 $(6,000)
2b. Yes, a segmented income statement format would be more usable to management in assessing the long-run profitability of the various product lines.
It provides information on the contribution of each product line to the company's profitability and helps management make informed decisions about the allocation of resources.
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With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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What do you think will be the state of LGBTQ community issues in
our schools in the coming decades?
Answers
The issues that the LGBTQ+ community faces in schools continue to be a problem in many parts of the world. Despite the fact that a growing number of people are supportive of gay rights, the notion that schools are supposed to be free from bullying, intimidation, and discrimination is far from the reality for a lot of LGBT students.
The implementation of policies, safe spaces, and support networks for LGBT+ students has increased over the past few years, but there is still much more that can be done. Transphobia, homophobia, and discrimination persist among both students and teachers.
This is particularly troubling since schools are supposed to be institutions that promote diversity, understanding, and acceptance. It's also worth noting that the United States is not the only country facing these challenges as they are present in other parts of the world as well
.For many LGBT+ students, schools are not safe spaces for them to learn and grow in, and a large number of these students still hide their true identities to avoid bullying and discrimination. The issues faced by the LGBTQ+ community in schools are not simple, and solutions may take time, but it's important to continue fighting for the rights of all students, regardless of their sexual orientation or gender identity.
With more support and education, there is hope for a future in which schools can truly be safe spaces for all students.
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4 On 1 July 20-6 Mumtaz started a business. The following are her transactions for the first two weeks of trading:
Answers
Mumtaz started a commercial enterprise. the following are her transactions for the primary weeks of trading: can do economic transactions thru cellular banking using a smartphone.
Definition of transaction: something transacted specially: a trade or switch of goods, services, or funds digital transactions. b transactions plural: the often posted record of the meeting of a society or affiliation: an act, system, or example of transacting.
Examples of transactions are as follows: Paying a provider for offerings rendered or items added. Paying a seller with coins and notice so that you can attain ownership of belongings previously owned by means of the seller. Paying an employee for hours worked.
In accounting, a transaction in any financial commercial enterprise event impacts a commercial enterprise's monetary statements. because transactions include any occasion that has an economic effect on your monetary data, there are a whole lot of items that are transactions.
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makenna and hudson each own major grocery store chains that operate throughout the united states. makenna and hudson meet to discuss best practices in their grocery stores. together, they decide to set minimum prices on certain products to prevent a bidding war between them. have makenna and hudson violated any laws?
Answers
Yes, Makenna and Hudson have violated Section 1 of the Sherman Act have makenna and hudson violated any laws. Hence, option A is correct.
What is the Sherman Act?
This Act forbids any agreements, coalitions, or schemes that unduly impede both domestic and foreign trade. This entails agreements between competitors to control prices, rig bids, and allocate clients—all of which are punishable by heavy fines and are regarded felonies.
The government has the authority to sue trusts and dissolve them thanks to the Sherman Anti-Trust Act. Any arrangement that "hindered trade or commerce between the different states, or with foreign powers," whether it be in the form of a trust or otherwise, was seen as illegal.
Thus, option A is correct.
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The options are missing-
a. Yes, Makenna and Hudson have violated Section 1 of the Sherman Act.
b. No, they have not because cooperation within the marketplace is encouraged by the government.
c. No, they have not because in a free economy, merchants are free to set their own prices.
d. Yes, they have because Makenna and Hudson set a minimum price but not a maximum price.
not tolerating corruption in any of its forms, including extortion and bribery, relates to which ism standard for supply management?
Answers
Not tolerating corruption in any of its forms, including extortion and bribery, relates to sustainability and social responsibility ISM standard for supply management
Modern supply chain management practises emphasise sustainability and social responsibility, and many firms follow defined standards to ensure moral and ethical supply chain operations. Standards that emphasise the significance of sustainability and social responsibility in supply management have been produced by the ISM, a professional society for supply chain management. It is commonly acknowledged that corruption, which includes extortion and bribery, is immoral and criminal behavior that may harm economies, society, and enterprises.
The supply chain management values of sustainability and social responsibility can be compromised when businesses engage in dishonest behaviour. By emphasising that an organisation does not allow corruption in any of its manifestations, including extortion and bribery, it is in line with the ISM supply management standards, which place a strong emphasis on moral conduct and ethical supply chain practises.
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How is a debit card different from a credit card?
A. A debit card is usually issued by a financial institution.
B. A debit card provides a way for people to make large purchases.
C. Spending on a debit card is limited to the funds available in an
account.
D. Spending can occur via a digital payment method.
Answers
Answer:
C
Explanation:
because thats wat ist is.- limited funds
In response to the greatest financial crisis since the Great Depression of the 1930s, the ______ administration proposed to overhaul regulation and increase oversight of the financial system.
Answers
Answer:
In response to the greatest financial crisis since the Great Depression of the 1930s, the Obama administration proposed to overhaul regulation and increase oversight of the financial system.
Explanation:
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Naturally
an
atom
is
netural
in
charge
Answers
I can't understand what u write
Answer:
True :)))
Explanation:
i think so...
which term refers to the management function that focuses on the communications that organizations have with other groups for the purpose of creating mutual goodwill?
Answers
Public relations is the term that refers to the management function that focuses on the communications that organizations have with other groups for the purpose of creating mutual goodwill.
Public relations (PR) is the practice of making and promoting a business's image and cultivating relationships with customers, clients, investors, and the general public. It's a management function that focuses on the communications that organizations have with other groups for the purpose of creating mutual goodwill and enhancing reputation. A PR expert may use various tactics, including media relations, special events, community relations, and crisis management, to build a favorable image for an organization.
The PR department must maintain an organization's image and defend its reputation during difficult times, such as during a crisis or when negative news arises. Furthermore, it's the public relations department's responsibility to communicate vital news to the public and to guarantee that information disseminated to the media is accurate. In summary, public relations is a crucial component of any company or organization since it promotes and safeguards its image while also building its brand and reputation.
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