Using the compound interest formula A = Pe^(rt), with P = $20,000, r = 1% (0.01), and t = 20 years, the final amount is approximately $24,428.06. Therefore, the final amount after 20 years is $24,428.06 (option a).
The formula for compound interest is given by:A = Pe^(rt),where, A is the amount of money at the end of the investment period is the principal amount is the rate of interest is the time (in years)e is the mathematical constant e = 2.71828
Here, P = $20,000r = 1% = 0.01 (as a decimal) and = 20 years
So, the final amount, A = 20000e^(0.01*20) = 20000e^(0.2) ≈ $24,428.06
Therefore, the final amount you will have in the account after 20 years is $24,428.06 (option a).
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Match the examples with the type of individual difference and advantage it shows.
To match the items, click the example, and then click the type of difference.
Match the examples:
Sergey likes----------- free time = Hobbies
Scott's parents ---------to Australia = Background
Bihn wants to make enough money-------------to school = goal
Yolanda--------------- friends quickly = Ability
Cheyenne is -------------- someday = experience
Melanie cares --------- and mountain climbing = Lifestyle
Amandos ----------------- world history = interest
What are mountains?Mountains are large geological formations that rise steeply above the surrounding terrain and are typically higher than hills. They are formed through tectonic and volcanic activity, as well as erosion and weathering over millions of years.
Mountains play a vital role in regulating global climate patterns and weather systems, and provide important habitats for many species of plants and animals.
In the above, Melanie cares about fitness---------like biking and mountain climbing. It is his way of Lifestyle.
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The amount of money you need to maintain in your account to avoid a fee is the?
Answer:
minimum balance
Explanation:
Mohammad has just bought a new oven explain the opportunity cost to Mohammad
The opportunity cost of the Oven that Mohammed has just gotten are the other items that he could have spent this money on that he did not buy.
In economics, opportunity cost is also known as the foregone alternative. It is the loss of other alternatives due to the fact that one had to pick a different alternative.
Lets assume that Mohammad had only $100 but needed this new oven, a new shirt and a pair of sneakers and this amount can only get him one of these items.
Since Mohammad has gone ahead to buy the oven instead of the sneakers or shirt, the opportunity cost of getting the oven is the shirt and the sneakers that he did not buy.
This is because he would lose the benefits that he would have gained from using the items he did not buy.
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Assume that banks hold no excess reserves and that all currency is deposited into the banking system. if the required reserve ratio is 25.00%, and the Federal Reserve wants to increase the money supply by $60.00 million, the Fed would need to make an open market purchase of $ _______ million. (insert your answer in millions, and round to two decimal places.)
The Fed would need to make an open market purchase of $15.00 million to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
If the required reserve ratio is 25%, then banks must hold 25% of deposits as reserves and can loan out the remaining 75%. Therefore, if the Federal Reserve wants to increase the money supply by $60 million, banks would be able to lend out $60 million / 0.75 = $80 million in total.
To calculate the required open market purchase by the Fed, we need to use the money multiplier formula:
Money Multiplier = 1 / Reserve Ratio
So, in this case, the money multiplier would be 1 / 0.25 = 4.
To increase the money supply by $60 million, the Fed would need to purchase $60 million / 4 = $15 million worth of securities in the open market.
Therefore, the Fed would need to make an open market purchase of $15.00 million (rounded to two decimal places) to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
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Which sentence indicates that Roger's company, Fine Jewelry, follows a subscription business model? Roger's company, Fine Jewelry, sells customized jewelry. The company designs earrings, watches, and necklaces based on customer preferences, It charges a monthly fee for this service. Customers get a new plece of Jewelry every three months.
Answer:
Its "Customers get a new piece of jewelry every three months.
Explanation:
The first option, never tells what the customer gets in return.
Sorry this answer is two weeks late. Happy Thanks Giving!
(a) Suppose we have preferences U(X, Y) = min [X, ½Y]. Graph/sketch the indifference curve through the bundle X = 10 and Y = 10. What is the utility and explain why it looks the way it does.
(b) Why is the concept of Marginal Rate of Substitution not relevant with these preferences?
(c) What do we mean by a composite good? What does this composite good look like with these preferences? Show and explain.
(d) Suppose the consumer wanted to maximize utility subject to their budget constraint. State the consumer’s maximization problem and express this in words.
(e) Let U(X, Y) = min [X, ½Y] and Px = 10, Py = 20 and income M = 1000. Find optimal X, Y, and the resulting Utility.
(f) Now let Px = 12. How does optimal consumption and utility change? Explain in simple terms.
(g) We know that a rise in price will lower utility. Calculate the Compensating Variation that ensures the consumer is no worse off. Show and explain your work
(a)The utility of the bundle X=10 and Y=10 is 10.
The indifference curve through this bundle is L-shaped. This occurs because the minimum function used in the preferences causes a kink or corner solution in the indifference curve. (f)When Px = 12, the optimal consumption of X will be higher, and the optimal consumption of Y will be lower. Utility will rise since the consumer can now buy more X than before with a given income. (g)The Compensating Variation (CV) can be calculated using the formula CV = [(M1 - M0) / Px], where M1 is the initial income and M0 is the final income. If we want to ensure that the consumer is no worse off, we need to set the CV equal to the price increase and solve for M0. The result will be the amount of money that the consumer needs to be given to keep her at the same utility level.
Utility is the comprehensive benefits that a product or service provides. This summarizes the utility definition. Most of the time, consumers would try to get the most out of their money by making the best decisions based on economic models.
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The clerk who opens mail is assigned responsibility for preparing a document which identifies all cash collections received in the mail for a given day. this document is called
The clerk who opens mail is assigned responsibility for preparing a document which identifies all cash collections received in the mail for a given day. This document is called Cash receipt prelist.
A clerk is a person who works in an office, typically doing administrative or secretarial work. Clerks are often responsible for keeping records, filing documents, and performing other office tasks.
In some cases, clerks may also be responsible for customer service or sales. Clerks typically work in business or government offices, though they may also be found in other settings such as schools or hospitals.
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Match the following Teamwork Skills to their descriptions
1.
Cooperative
2.
Participates
3.
Flexible
4.
Committed
5.
Shares Openly
a.
You are willing to share ideas and knowledge
b.
You are involved in activities
c.
Works well with others
d.
You adapt to others' ideas
e.
You are responsible and dedicated
Answer:
See below
Explanation:
1. Cooperative
Works well with others: A cooperative person fits into teams easily. They willingly undertake tasks and requires no ''pushing'' to fulfill their obligations.
2. Participates
You are involved in activities. It is getting involved in events, functions, or processes as opposed to spectating.
3. Flexible
You adapt to others' ideas. A flexible person accepts and implements other people's ideas. They are not rigid and can work in different environments.
4. Committed
You are responsible and dedicated. A committed individual shows enthusiasm and willingness to achieve the set goals
5. Shares Openly
You are willing to share ideas and knowledge. One is not shy or mean in expressing their ideas and feeling with team members or third parties.
Materials from a source text without property citing the source is an example of plagiarism -(drivers Ed).
Answer:
True
Explanation:
Plagiarism is presenting somebody's else works, words, ideas, or concepts as one's own. Plagiarism may be deliberate or unintentional. It is copy and pasting another person's work 'word for word' knowingly or unknowingly.
Plagiarism mostly occurs when one uses another person's word acknowledging or crediting the author. It means plagiarism can be avoided by properly citing the original author.
Answer:
c
Explanation:
One to two sentences, explain what happens to a production possibilities curve if a natural disaster creates a scarcity of a key resource needed to make a product. Explain why this happens.
A natural disaster causing a scarcity of a key resource necessary for production will result in a shift inward or to the left of the production possibilities curve.
This occurs because the reduced availability of the key resource limits the economy's ability to produce the affected product, leading to a decrease in overall production capacity.
As a result, the economy's production possibilities are constrained, and it is forced to operate at a suboptimal level.
The scarcity of the key resource disrupts the balance between the production of different goods, leading to a decrease in potential output.
The economy will need to allocate its limited resources and adjust its production mix accordingly, potentially focusing on alternative products or finding substitutes for the scarce resource in order to maximize production under the new constraints imposed by natural disaster-induced scarcity.
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Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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what challange might we face in case chose profession that does not meet our interest and capacity
Each person has a different profession. The interest and capacity of the individual in question determine the profession of choice. As a result, we must match our study material to our students' interests and aptitudes from an early age.
In such occupation, we are unable to raise our quality. We are unaware of its operating hours or methodology. We will be considering how to do that assignment while everyone else is working. However, if we do the assignment, we won't get experience because our focus will still be on the career we were interested in. If we select a career that doesn't align with our interests and abilities, we will fail.
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One of Josh’s coworkers pokes fun at Josh for his political views. Although Josh tries to ignore the comments, the situation has gotten worse—even becoming obvious to customers. What kind of situation is Josh in?
1.)Conflict
2.)Conflict Resolution
3.)Integrity Test
4.)Ethical Dilemma
1. Define Trade, Import and Export
2. List items the U.S. imports and exports.
Answer:
food and clothing
Explanation:
import is to bring things from a different country for sale. export is to give things to a different country or place for sale. trade is to transfer or exchange something from a different country.
Which of the following advances in manufacturing is at the heart of the processes that transform raw materials into products?
automation
nanotechnology
assembly line
matrix
Answer:
Assembly line
Explanation:
What are 3 characteristics of a command economy?
The 3 characteristics of a command economy are Centralized decision-making, State ownership of production, and Limited economic freedom.
What is a command economy?A command economy usually referred to as a planned economy, is a form of capitalism in which all economic decisions are made by the government.In a command economy, the government controls the distribution of resources and owns the market of production.A command economy aims to increase social and economic equality.Prices are not determined by market forces but by the government.A free market economy, where supply and demand are determined by each party, is the principal alternative to a command economy.A free market system exists in capitalist nations, whereas the command economy is a feature of a communist political structure.To learn more about command economy from the given link
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Using the summary of the accident, calculate the total dollar value of the property damage
Stephanie caused.
Answer:
The summary of the accident, calculate the total dollar value of the property damage Stephanie caused is explained below in detail.
Explanation:
The term 100/300/100 coverage indicates that a character has coverage of $100,000 physical damage mortgage coverage per person, $300,000 total physical damage mortgage insurance per accident, and $100,000 property loss accountability per accident.
So, in case Stephanie prompted a property and accident destruction, then $1,00000 will be sustained by the insurance corporation and above this value, it will be paid by Stephanie.
The impact of discrimination behaviour to an individual
Answer:
Discrimination affects people's opportunities, their well-being, and their sense of agency. Persistent exposure to discrimination can lead individuals to internalize the prejudice or stigma that is directed against them, manifesting in shame, low self-esteem, fear and stress, as well as poor health.
Explanation:
As the number of multinational corporations increases, we are experiencing international ethical dilemmas. one very real concern during the past decade is the human rights abuses in sweatshops where several multinationals contract manufacture their products, in exchange for cheap labor. s
Answer: A) Multinationals must subjectively determine the local "living wage," which is usually more than the local legal wage in developing countries. Customers surveyed say they are willing to pay a few dollars more to improve working conditions in sweatshops.
Explanation:
Developing countries are notorious for setting low legal minimum wages in order to attract foreign investment and also because such countries have lower standards of living.
For Multinationals to improve conditions therefore, they would have to independently determine a living wage that they could pay such workers to alleviate their conditions and this effort would be taxing because Multinationals are not on ground to conduct proper research.
A silver lining is that customers surveyed say they are willing to pay extra if conditions in sweat shops would improve.
Full question is;
As the number of multinational corporations increases, we are experiencing international ethical dilemmas. One very real concern during the past decade is the human rights abuses in sweatshops where several multinationals contract manufacture their products, in exchange for cheap labor. Several retailers have banned together to set ethical standards in foreign factories. Which of the following statements summarizes the challenges of companies doing business in developing countries and the concerns of their customers?
A) Multinationals must subjectively determine the local "living wage," which is usually more than the local legal wage in developing countries. Customers surveyed say they are willing to pay a few dollars more to improve working conditions in sweatshops.
B) Economically sensitive customers want companies to pass along cost savings to them, at all costs, even if the products are made through offshore outsourcing. Companies want to please customers, first!
C) Most multinational corporations have made no attempt to improve working standards at sweatshop factories. They will turn a blind eye to the problem unless U.S. law is passed to force the issue. Customers understand that legal limits come before ethical standards.
D) Multinationals cannot be expected to demand socially responsible behavior from their supplier, including foreign sweatshops. When doing business abroad, the U.S. company need not comply with U.S. law when its supplier(s) is not in the U.S. or on U.S. territory.
Which of the following is the term for a special tax placed on foreign goods sold in
the United States?
A. Tea tax
B. Tariffs
C. Excise tax
D. Customs
the adjusted trial balance contains income statement accounts and balance sheet accounts, while the after-closing trial balance will only have balance sheet accounts. T/F
true
The adjusted trial balance is prepared after adjusting journal entries have been made to the unadjusted trial balance, and it includes both income statement and balance sheet accounts. The purpose of the adjusted trial balance is to ensure that the total debit balance of all accounts equals the total credit balance of all accounts, and that all adjusting entries have been properly recorded.
The after-closing trial balance, on the other hand, is prepared after closing entries have been made to the adjusted trial balance, and it includes only balance sheet accounts. The purpose of the after-closing trial balance is to verify that the total debit balance of all accounts equals the total credit balance of all accounts after the closing entries have been made, and that all temporary income statement accounts have been closed out to the retained earnings account.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
income is an example of . a. quantitative data b. currency data c. either categorical or quantitative data d. categorical data
An illustration of quantitative data is income.
Income data is it categorical or quantitative?Age, the number of children, and income are only a few examples of quantitative variables. Quantitative variables are sums or counts. Groupings are represented by categorical variables; examples include the sort of pet, agreement level, and shoe brand.
Does income fit the definition of quantitative data?Data that can be quantified includes household income, ZIP code, and the number of children. These are commonly known as demographics.
Is income categorized information?Examples of numerical or quantitative data include height, weight, temperature, GPA, and annual income. Comparatively, categorical data are a sort of qualitative data. Examples include things like name, qualification, and hair color.
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Shelee is the owner of Racing Formula Inc., a local race track. Her employees are often impressed with how much she knows about individual drivers, automobile racing teams, racetrack operators, referees, and officiating crews. Shelee is the classic leader with ______.
Shelee is the classic leader with exceptional knowledge and expertise in the field of automobile racing. Her ability to understand and analyze the intricate details of individual drivers, racing teams, racetrack operators, referees, and officiating crews is a testament to her extensive experience and passion for the sport.
As a leader, Shelee's knowledge and expertise allow her to make informed decisions and provide valuable guidance to her employees. She is able to identify areas for improvement and implement strategies that enhance the overall performance and success of Racing Formula Inc.
Moreover, Shelee's expertise also enables her to establish strong relationships with her employees, clients, and partners in the racing industry. Her ability to communicate effectively and build trust and respect within the community contributes to the long-term success of the company.
Overall, Shelee's exceptional knowledge and expertise make her a valuable asset to Racing Formula Inc. and a classic example of a knowledgeable and effective leader in the automobile racing industry.
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To buy a product, customers in a market must first
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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An in-store computer used to apply for a job is called:
an online application.
a paper application.
an automated interviewer.
a hiring kiosk.
Answer:
a hiring kiosk.
when a company provides superior value by leading its industry in price and convenience, it has obtained .
Operational excellence refers to a company providing value by leading its industry in price and convenience by reducing costs and creating a lean and efficient value delivery system.
Business operations is the harvesting of value from belongings owned by means of a business. Assets may be either bodily or intangible. An instance of value derived from a physical asset, like a constructing, is lease. An example of fee derived from an intangible asset, like an idea, is a royalty. The attempt worried in "harvesting" this price is what constitutes business operations cycles. That is the most honest and nicely-understood control imperative of commercial enterprise operations. The primary intention of this vital is to enforce a sustained delivery of products and services to the commercial enterprise's customers at a value that is less than the finances acquired in alternate for stated items and also self-employee services—in short, creating a profit.
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With the help of online research, write a short report on “glocalization.”
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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supervisors should keep daily records of the number of calls made, number of not-at-homes, number of refusals, number of completed interviews for each interviewer, and the total for all interviewers under their control. these daily records are a part of
The daily records in which supervisors keep daily records of the number of calls made, number of not-at-homes, number of refusals, number of completed interviews for each interviewer, and the total for all interviewers under their control are a part of sampling control.
In the field of business, one aspect of sampling control includes keeping a track of the interviewers. Under this control, the supervisors keep track of whether the interviewers are following the sampling plan or not. It is also ensured that the people taking interviews are effectively managing the number of people to be interviewed.
Under the sampling control, all the track records related to the interview conduction are made and managed. By managing interviews through sampling control, a company can easily filter out the best candidates for the job.
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