The daily interest multiplier for a savings account paying 2% annual interest for 180 days
is 1.010050. What compound amount will be in a savings account if $5,000 is
on deposit in the savings account for 180 days?

Answers

Answer 1

Answer:

$5,050.25  

Explanation:

The daily interest multiplier has already been stated to reflect interest earned over a 180-day investment timing horizon, hence , in order to determine the compound of $5,000 saved for 180 days, we simply multiply the daily interest multiplier for 180 days by the actual amount saved as shown below:

FV=PV*interest multiplier

FV=future value=amount in the savings account after 180 days=the unknow

PV=the amount placed in savings account= $5,000

interest multiplier= 1.010050

FV=$5,000* 1.010050

FV=$5,050.25  


Related Questions

Match the action needed to increase profits with the reason a business might fail.
Advertising the company to potential customers would match with_____.

a) finances
b) poor management
c) bad location
d) competition
15 POINTS AND BRAINLIEST GOES TO FIRST ANSWER ;)

Answers

I think the answer is b, poor management.

Advertising the company to potential customers would match with competition .Thus the correct answer is option D.

What is advertising?

The practice and techniques used to draw attention to a product or service are referred to as advertising. Advertising seeks to draw attention to a product or service by putting it in the spotlight. It is typically used to promote a specific product or service, but it has a wide range of applications, the most common being commercial advertising.

Through "branding," which associates a product name or image with certain qualities in the minds of consumers, commercial advertisements frequently seek to increase consumption of their products or services. Direct-response advertising, on the other hand, is intended to elicit an immediate sale.

Therefore, advertising helps to create a image of the company and increase its competitiveness.

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1. If I keep increasing one part of a process and keep everything else the same, what will eventually happen to my productivity?

Answers

Answer:

Decrease

Explanation:

The scenario describes in question is the theory of diminishing marginal returns. According to this theory,  increasing one variable while holding the others constant increases productivity until a firm reaches the optimal level. Beyond the optimal level, the continuous addition of the input will result in declining productivity.

Productivity will turn negative if more of the unit is deployed. For example, hiring more workers increases productivity until a firm achieves the optimal level. After the optimal level, hiring an extra worker will decrease productivity per worker as the additional worker will not result in increased output.

Sydney Dukes-Miller deposited $2,430 at 6.75%. She made no other deposits or withdrawals. How much simple interest did she eam in 65 days? What is the amount in the account?​

Answers

Answer:

Interest : $29.19645

Amount in account: $2,459.19545

Explanation:

I= P x r x t

I = Interest

P = principle amount, $2,430

r = interest rates : 6.75% or 0.0675

t= time =65 days, one year has 365 day: 65 days = 65/365 =0.1780 year

Interest = $2,430 x 0.0675 x 0.1780

=$164.025 x 0.1780

=$29.19645

The amount of money will be

=$2,430 + $29.19545

=$2,459.19545

Give a concrete example of how the type of college you choose can impact your total costs.

Answers

Answer:

Because you chose to go to college instead of working, your opportunity cost is actually the sum of your college expenses plus the money you could have earned had you chosen not to work.

Explanation:

There are five main categories of expenses to think about when figuring out how much your college education is really going to cost: tuition and fees, room and board, books and supplies, personal expenses, and transportation. You can control some of these costs to some extent.

A limited budget is one reason a company may not chose to segment the market.

true or false

Answers

Answer:

True

Explanation:

1. From each paycheck of your afterschool job, you're able to save $45 toward the coat. You get paid twice a
month. How many months will it take you to save enough money to buy your North Face jacket?Using this strategy, how will inflation impact your ability to buy the jacket?

Answers

Answer:

1. 4 months.

2. Makes jacket more expensive

Explanation:

You get paid twice a month which means that you can save:

= 45 * 2

= $90 per month

The jacket is $350 so it will take:

= 350/90

= 3.88

= 4 months to afford it.

4 * 90 = $360

Assuming there is inflation in those 4 months, it will make the price of the jacket rise and if the inflation rate is such that the price rises past $360, you will be unable to afford the jacket at that point in time and will have to wait to be paid again.

Joneffry is a new start up business offering gardening services. Jon needs to borrow £2400 to buy the equipment he needs to start the business such as lawn mowers and strimmer’s. Jon has been offered a loan with a 2-year repayment period and a monthly repayment of £116.00, totalling £2784 over the two years.
(a) Calculate the total interest Joneffry will pay for this loan as a percentage
of the total amount borrowed. You are advised to show your workings.
b) Outline one method Jon could use to reduce the initial outlay of money
on his new business. [2]
(c) Jon can only afford to pay £150 in interest per year.
Calculate the highest interest rate that Jon can afford to pay on a loan
of £2400. You are advised to show your workings.

Answers

a) The total interest Joneffry will pay for this loan as a percentage of the total amount borrowed is 16%.

b) To reduce the initial outlay of money on his new business, Joneffry could lease the equipment instead of outright purchase (making a monthly lease payment over more than two years).

c) If Jon can only pay £150 in interest per year, the highest interest rate that Jon can afford on a loan of £2400 is 6.25%.

How is the interest rate determined?

The interest rate is computed as the quotient of the division operation between the interest amount (numerator) and the loan amount (denominator).

This quotient is then multiplied by 100, to express the result in a percentage.

The interest rate represents the cost of borrowing because of associated risks and the time value of money.

Cost of equipment = £2,400

Mortgage period = 2 years (24 months)

Monthly payments = £116.00

Total payments = £2,784 (£116 x 24)

Total interest = £384 (£2,784 - £2,400)

Total interest as a percentage of amount borrowed = 16% (£384/£2,400 x 100)

The highest interest Jon can afford = £150

Interest rate = 6.25% (£150/£2,400 x 100)

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1._____________is the difference between earned income and costs. 2. An organization that produces or distributes a good or service for profit is called a __________

Answers

Answer:

1. Profit

2. Business

Explanation:

      Profit may be defined as the income which is distributed to the owner in the production process of a profitable market. In other words it is the extra revenue generated by the company that is in excess of the money spend as expenses. It is the difference between the earned income and the costs.

        Business is a regular work or occupation or trade of a person. It refers to an organized efforts as well as the activities of any individual to produce the goods and services and sell them for a profit.

____________ are expenses that you spent money on in the past that are unrecoverable, so you can't get that money back.

A. Sunk costs

B. Marginal costs

C. Opportunity costs

D. Startup costs

Answers

Answer:

A. sunk costs for sure!!!!!!

Good relationship selling increases
customer satisfaction
customer qualification
O O O O
word of mouth
customer retention

Answers

Answer: customer retention

why does brainly need to ad lock answers they get enough money through all the banners when you go watch an ad to get an answer it brings up brainly+ it's basically telling you "hey look I'm greedy pay us money if you want these answers" knowledge is asposto to be free not a pay to win. please leave your thoughts here

Answers

Answer:

all they want to get is money and attention.

Explanation:

All buisnesses do that stuff

People are slowing down their spending and holding onto their money, causing a sluggish economy. What is one way to
stimulate the economy?
Require commercial banks to purchase T-bills from the Federal Reserve
Sell T-sits to commercial banks
Decrease the reserve requirements at banks.
Raise the discount rate.

Answers

Answer:

decrease reserve requirements

Explanation:

if banks don't need to keep on hand as much cash in reserve, they will loan that money out, which allows people to build houses, start businesses, or do other activities that generate economic activity like purchases, sales, hires, etc

While everyone's personal financial goals will be unique to their situation, the means for achieving them will be similar. What is one of the most common ways people work to reach their financial goals?
decrease their savings
decrease their income
increase their savings
increase their spending
PLEASE HELP

Answers

Answer:

increase their savings

Explanation:

Saving is the action of putting aside a portion of income in a safe place instead of spending.  It is a technique that firms and individuals use to achieve their financial objectives. Consistent saving for a duration of time helps accumulates a substantial amount of money that can be used to actualize financial objectives.

While savings is not the financial objective, it is a means to achieve the actual goal. For Example, if one goal is to own a home or a car, they start saving for the down-payment. Saving helps achieve their long term goals.

Answer:

While everyone’s personal financial goals will be unique to their situation, the means for achieving them will be similar. What is one of the most common ways people work to reach their financial goals?

A.

decrease their savings

B.

decrease their income

C.

increase their savings

D.

increase their spending

Explanation:

C.

increase their savings

CORRECT VIA EDMENTUM 2022

How to calculate inventory cost?

Answers

Answer:

Calculate the cost of inventory with the formula: The Cost of Inventory = Beginning Inventory + Inventory Purchases - Ending Inventory.

In the course of the communication process, which of the given steps logically follows after the listener receives the message sent by the communicator?

Answers

Answer:

b. Interpreting the message

Explanation:

As we know that the communication process involves sender, encoding, message, receiver, decoding and feedback

After the listener received the message sent by the communicator the step that is followed is message interpreted that means how the message would be interpreted it would be the same as the sender send to the receiver or it would be in understanding in a different way

Hence, the correct option is b.

A company manufactures computer screens that utilize less electricity. Which form of technology would this be classified as?
A.
grid computing
B.
screenless display
C.
autonomic computing
D.
cloud computing
E.
green computing

Answers

Answer:

Green computing

Explanation:

A company manufactures computer screens that utilize less electricity. green computing form of technology would this be classified as. The correct option is E.

What are the five goals of green technology?

Green technology lowers costs while improving product design, reducing waste, reducing our carbon footprint, and improving business efficiency. It also generates new jobs. A company creates computer screens with less electricity consumption.

Green computing also referred to as green technology, is the practice of using computers and other computing machinery in an environmentally and energy-friendly manner. Energy-efficient servers, peripherals, power systems, and central processing units (CPUs) are frequently used in businesses that employ green computing techniques.

Thus, the ideal selection is option E.

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Write an essay titled "My Core Competencies." In it, address the abilities and skills that make you a competent individual, and different from anyone else. Submit your work below.

Answers

Answer:

Abilities and skill are the capabilities of an individual which makes a person different from others.

Explanation:        

My Core Competencies

Competency may be defined as the ability of a person to do something efficiently or successfully. It is a set of skills or characteristics of a person that enables to do a task or a job.

I am an automobile engineer with a high skill sets and ability to work in high pressure environment. I am competent to work with multi functional teams and can handle projects on my own. I have a vast experience in the car manufacturing industries from conceptualization to designing to manufacturing process.

I have done a certification course on 'Advance materials' which will help me identify and used new materials in the products to make them more efficient as well as less costly.

I have also hands on experience on different  CAD and CAE software and programming language such as C++, Java, Matlab and many more.

I also have command over other foreign languages such as German, Japanese and French.

All this skill sets and competencies of mine makes me a suitable candidates than others and I am capable of working more efficiently and deliver my best in my job.

what is meant by limited government?

Answers

Explanation:

A limited government is one whose legalized force and power is restricted through delegated and enumerated authorities.

Hope it will help :)❤

need is one of the five areas of people's needs in the Human Services cluster.
Financial
Spiritual
Marginal

Answers

Answer:

Spiritual

Explanation:

The Human Services career cluster include professional involved in beauty and human wellness. Some job titles in this cluster include psychologists, members of the clergy, social workers,  hairdressers, and cosmetologist.  Working in this cluster requires one to have good interpersonal and listening skills. One has to be patient and show empathy toward others.

The working environment in this cluster revolves around hospitals, worship places, saloons, and beauty parlors.

This is serious, no joke. pls pls tell me if you know someone named Domingo Briseno, have you seen on here lately. I really need to know

Answers

Answer:

please tell the question properly

Explanation:

who wants extra points!!!!!!!!

Answers

Answer:

May I get.

But Plz don't waste ur points. These points will help in asking questions.

Nd the main thing, Moderators will delete this question coz it's irrelevant . So, It's just a wasting of ur points

When someone naturally has a gift or ability, it is said that their gift or ability is
O Innate
O Mastered
Developed
O Learned

Answers

Answer:

innate

Explanation:

"innate" means inborn. the ability came on its own, naturally, without you having to master, learn, or develop it.

Samantha deposits $1,500 into the Park Street Bank. The account pays 1.12% annual interest, compounded daily. To the nearest cent, how much is in the account at the end of three non-leap years?

Answers

Answer:

=$1,551.255

Explanation:

The amount can be calculates using the formula

A = p x ( 1 + r) ^n

Where A = Amount

P= principal: $1500

r=1.12% or 0.0112 per year.  Dairy interest rate = 0.0112/365

n = 365 days x 3 = 1095

A= 1500 x( 1 + 0.0112/365)^1095

A =$1500 x ( 1.00003068493)^1095

A =$1500 x 1.034170

A =$1,551.255

Use the drop-down menus to identify the career cluster that fits each job description.
Mel is a Computer User Support Specialist who helps people who are having difficulty using computers:
Isa is an Engine Assembler who puts together car engines:
Annette is a Judge in a local court system:

HELP HELP HELP HURRYY

Answers

Answer:

Mel is a Computer User Support Specialist who helps people who are having difficulty using computers: information technology

Isa is an Engine Assembler who puts together car engines: manufacturing

Annette is a Judge in a local court system: law , public saftey and security

Explanation:

Answer:✔ Information Technology

✔ Manufacturing

✔ Law, Public Safety, and Security

Explanation:

Use the drop-down menus to identify the career cluster that fits each job description.

Mel is a Computer User Support Specialist who helps people who are having difficulty using computers:

✔ Information Technology

Isa is an Engine Assembler who puts together car engines:

✔ Manufacturing

Annette is a Judge in a local court system:

✔ Law, Public Safety, and Security

Question # 11 Which of the following is NOT a reason why understanding communication styles should be important to you? O Helps you understand how others may perceive your actions O Helps you understand how others may perceive your words O Helps you understand how to adapt to other communication styles O Helps you understand why people communicate the way they do Read Question​

Answers

Answer:

Helps you understand why people communicate the way they do

Explanation:

According to communication strategy, particularly on achieving collaborative communication between sender and receiver. It can be concluded that the reason, why understanding communication styles should be important to you, is that:

Understanding your communication style is likely to assist you in having a good idea of the way others may comprehend your words and actions.

Similarly, having good knowledge of other communication techniques and the best way to quickly adapt your communication styles to others, turns you into a helpful communicator.

Hence, in this case, the correct answer is "Helps you understand why people communicate the way they do."

Answer:

A.

Helps you understand why people communicate the way they do

Explanation:

Trust me vro

The restaurant sector continues to grow despite the hurting economy.

true or false

Answers

Answer:

True

Explanation: do my monkey dance

True or False: Variable annuities have greater potential for higher returns, but also present. higher risk to the investor.

Answers

Answer:

I think it's True

Explanation:

Answer:

True

Explanation:

I just did this question on the test.

Public awareness is the best preventive measures of-----------------​

Answers

Answer:

Any sorts of violenece or any illegal acts on human or their rights and freedom..

Regardless of which method you choose, why is it important to pay at least the monthly minimum payment on every debt? Your credit history is erased and you have a "thin file". Federal and state governments can increase your taxes if you don't make the minimum payment. You will have to pay fees and your credit score will decrease. Your credit score will increase by at least 30 points.

Answers

Answer:

You will have to pay fees and your credit score will decrease.

Explanation:

If you do not make at lest the minimum payments for all your outstanding debts, the lender will probably charge you late payment fees (which can be very expensive), and your credit score will certainly decrease. This will end up increasing your future credit costs and hurt your ability to access them.

Question 3 of 10
Which of the following is a career you would find in the Finance Career
Cluster?
A. Equine manager
B. Geologist
C. Tax examiner
D. Ecologist
SUBMIT

Answers

Answer:

C. Tax examiner

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