Question 17 (1 point) Farrah borrowed $155 from her brother. She has already paid back $15. She plans to pay back $35 each month until the debt is paid off. Which describes the number of months it will take to pay off the debt

Answers

Answer 1

The total number of months needed to pay off the loan is 4.

How do equations work?

It is a mathematical assertion that two algebraic expressions have equal symbols.

Calculation:

From her brother, Farrah took a loan for $155.

She's already returned $15.

She intends to repay the loan with a monthly payment of $35.

Let 'x' be the period of time needed to pay off the debt.

So, we get an equation,

35x + 15 = 155

The number of months is determined by solving the equation above.

⇒ 35x + 15 = 155

⇒ 35x = 155 - 15

⇒ 35x = 140

⇒ x = 4.

It will therefore take four months to pay off the debt.

Consequently, the appropriate choices are:

35x + 15 = 155

35x = 155 - 15

It will take 4 months to pay off the debt.

To know more about debt visit:-

https://brainly.com/question/17286021

#SPJ4


Related Questions

What are 3 scarce economic resources?

Answers

Three scarce economic resources are land, labor, and capital.

The land is a finite resource, meaning that there is only a certain amount of it available. It is used for agriculture, housing, and industry, and it is a key factor in economic production.

Labor is another scarce resource, as it encompasses the physical and mental abilities of individuals that are used to produce goods and services. Capital is the third scarce resource and consists of the money, goods, and machinery used in production. This includes items such as machinery, buildings, computers, and other tools used to produce goods and services.

For more questions like Economic click the link below:

brainly.com/question/30104243

#SPJ4

The annual budget resolutions required by the Congressional Budget Act of 1974 are based on recommendations from the Office of Budget Management and the __________.

Answers

The annual budget resolutions required by the Congressional Budget Act of 1974 are based on recommendations from the Office of Budget Management and the President of the United States.

An enterprise budget is a spending plan in your enterprise based on your income and prices. It identifies your to-be-had capital, estimates your spending, and enables you are expecting sales. Finances assist you to plan your enterprise activities and may act as a yardstick for setting up financial dreams.

Finance is a plan you write down to determine how you may spend your money every month. A budget allows you to ensure you will have sufficient money each month. without a budget, you may run out of cash before your subsequent paycheck. Finance shows you: how a whole lot of cash you make. In-depth and practical finances are one of the maximum vital tools for steering your commercial enterprise.

A budget provides important records for working inside your manner, managing surprising demanding situations, and turning a profit. A proper price range will pick out to be had capital, estimate prices, and anticipate sales.

To learn more about Budget visit here:

brainly.com/question/15683430

#SPJ4

Farrah, a regional manager for an HVAC equipment retailer, received an e-mail from the CEO outlining the new goal of decreasing company costs over the next three years. This is an example of a strategic goal. (T/F)

Answers

True, the goal of decreasing company costs over the next three years outlined in the e-mail from the CEO to Farrah, a regional manager for an HVAC equipment retailer, is an example of a strategic goal.

Strategic goals are high-level objectives that align with an organization's overall mission and vision. They are meant to guide the organization's decision-making and resource allocation over a longer period of time. In this case, the goal of decreasing company costs is a strategic goal that aligns with the organization's overall mission of being profitable and sustainable in the long term.

Strategic goals typically cover a longer time frame than operational goals, which focus on day-to-day activities. They also involve the entire organization and its different departments, which makes sure that all the operations are working together to achieve the goal.

Overall, the goal of decreasing company costs outlined in the e-mail from the CEO is an example of a strategic goal, as it is a high-level objective that aligns with the organization's overall mission, covers a longer time frame, and involves the entire organization.

Learn more about strategic goal

https://brainly.com/question/28145077

#SPJ4

What is the most cost effective type of life insurance?

Answers

Term life insurance is the most cost-effective type of life insurance.

Term life insurance is a form of life insurance that provides coverage for a specific period of time, such as 10, 20, or 30 years. This type of policy is often more affordable than permanent life insurance because it does not accrue cash value or offer other benefits such as living benefits.

Additionally, premiums for term life insurance are usually fixed for the duration of the policy, so you know exactly what you will be paying each month. Term life insurance is an ideal option for many people, as it provides coverage for a set period at a lower cost.

For more questions like Insurance click the link below:

brainly.com/question/28562565

#SPJ4

What was one reason that the US Congress was unable to resolve the nation's economic problems while operating under the Articles of Confederation?

Answers

One reason that the US Congress was unable to resolve the nation's economic problems while operating under the Articles of Confederation was that it lacked the authority to levy taxes or regulate interstate trade.

What is the interstate?

An interstate is a highway that is part of the United States National Highway System, which is a network of highways that are federally funded and managed by the U.S. Department of Transportation. Interstates are designed for high-speed travel between major cities, towns, and other destinations. Interstates are typically marked with an even number, and have a speed limit of 65 mph or higher. Interstates are usually divided into three or four lanes in each direction, with minimal access to side roads. Interstates also have median strips, which are designed to reduce the chance of head-on collisions. Interstates are constructed to have a minimum amount of curves and hills, and are generally safer than other roads due to their design.

To learn more about interstate

https://brainly.com/question/27968241

#SPJ4

An income producing property rents for $1,000 per month and the GRM is 84. What is the estimated market value of the property

Answers

The property's estimated market value is 84 x $1,000 = $84,000.

What is Market value?

The price at which an item would trade in a competition auction environment is known as its market value, or OMV. Despite the fact that these phrases have different meanings under various standards and might have variations in some situations, market value is frequently interchangeable with open market value, fair value, and fair market value.

Market value is the amount that an asset would sell for on the open market or the estimation that the financial community makes of a certain equity or company. Market value is the price at which a home would ordinarily sell.

To know more about Market value, visit:

https://brainly.com/question/14612966

#SPJ4

a. Real GDP presents a dollar amount adjusted for inflation. b. The income approach to GDP includes consumer expenditures. c. The expenditure approach to GDP includes disposable income.

Answers

According to question, the GDP price deflator (index) is calculated by dividing this year's market basket price by the base year's market basket price .

Adjustments for changes in inflation are included in real GDP. This implies that real GDP will be lower than nominal GDP in an inflationary environment and vice versa. Positive inflation leads to a significant nominal GDP inflation without a real GDP correction.

The total value of all goods produced in a nation in a year is measured by both the nominal gross domestic product (GDP) and the real GDP. In contrast to nominal GDP, real GDP is adjusted for inflation. Real GDP is nominal GDP that has been inflation-adjusted. Real GDP is used to measure the growth in production as it actually occurs, free from the impacts of inflation.

To know more about  GDP visit :

https://brainly.com/question/30111703

#SPJ4

The correct question is :

The GDP price deflator (index) is calculated by dividing:

a) the real GDP by the nominal GDP

b) this year's market basket price by the base year's market basket price

c) national income by the inflation rate

d) income-approach GDP by expenditure-approach GDP

e) private sector expenditures by public sector expenditures

Interruptions in the supply of goods and services in a supply chain caused by an internal or external event that disrupts supply chain operations, causing potential reductions in service levels, product quality, and sales are referred to as:

Answers

Supply chain risks Any stoppage in the flow of a process involving any of the organizations involved in the manufacturing, sales, and distribution of a particular products or service is known as a supply chain disruption.

Maintaining product quality from beginning to end and ensuring that all resources used are of the highest caliber need a well-organized supply chain. A supply chain is a system for acquiring raw materials or component purchases, operations management (which ensures the production of high-quality goods quickly, with good flexibility, and at a low cost), logistics, and marketing channels so that the raw materials can be transformed into finished goods and delivered to the final consumer. Used goods can re-enter the supply chain at any point where there is recyclable residual value in complex supply chain systems. Linking value networks are supply chains. In a supply chain, suppliers are frequently ranked by tier.

Learn more about supply chain here:

https://brainly.com/question/29318233

#SPJ4

What are primary expenses?

Answers

Primary Expenses means all Expenses other than revision Payments and Refinancing Charges. “ Principal Repayment ” has the intention given to a similar term in the description of “ Redemption Premium. ”

Ordinary Charges mean the Trustee's ordinary charges and outflow in connection with its services as Trustee, containing the particulars appertained to in the description of common Charges in the standard terms.

Management Charges means charges incurred in the administration of an insurer which isn't delegated outstanding and, in the case of general insurance business, aren't incurred in claims paid, claims outstanding, charges for settling claims, and charges for settling pretenses outstanding. Common Charges mean expenses made by or fiscal arrears of the association, together with any allotments to reserves.

To learn more about expenses,

https://brainly.com/question/17205576

#SPJ4

What are the 3 most common economic systems ?

Answers

The three main types of economic system are: free market, command, and mixed.

Free-Market Economies

In this type of economic system businesses and individuals have the freedom to pursue their own economic interests. It is often called capitalist economy. Here buying and selling goods happens on a competitive market. And the market here defines a fair price for goods and services.

Command Economy

It is also known as a Centrally Planned Economy because the central, or national, government plans the economy. Basically, communist states have command economies.

Mixed Economy

This system combines elements of free-market and command economies.

To know more about Economic system refer to-

brainly.com/question/26360576#

#SPJ4

Indra is an employee who is required to be on-call at her employer's site once per month for eight hours. She earns a salary of $58,750 per year for a 45-hour workweek and is paid biweekly. What is Indra's gross pay for a pay period that includes on-call time

Answers

Indra's gross pay for a pay period that includes on-call time is  $247.84 + regular pay for the pay period

The term "gross income" is used to describe an individual's total income before any deductions are applied. First, calculate the hourly rate by dividing the annual salary by the number of hours worked per year: $58,750 / (45 hours/week x 52 weeks/year) = $30.96/hour

Then, multiply the hourly rate by the number of on-call hours to determine the pay for the on-call time: $30.96/hour x 8 hours = $247.84

Finally, add the on-call pay to the regular pay for the pay period to calculate the gross pay: $247.84 + regular pay for the pay period = gross pay for the pay period.

Know more about Gross Pay - https://brainly.com/question/30010559

#SPJ4

Select all that apply Which statements about social media are true? (Choose every correct answer.) Multiple select question. Social media are used by marketers and customers to share many kinds of information. Social media facilitate interpersonal interactions. Social media can be important components of an integrated marketing communications strategy. Social media include online but not mobile technology.

Answers

The true statements about social media are that it can be important components of an integrated marketing communications strategy, facilitate interpersonal interactions and is used by marketers and customers, which means options A, B, C are correct.

Social media is the online platform which allows people to interact with each other, share documents, information and images and remain connected with each other as well. Numerous people use till platform to earn money by sharing creative content which is loved by many others. It has become a addictive source of being active as well. Kids spend numerous hours scrolling down the chats or posts of strangers or ideals. Social media as a tool can be a powerful method of influencing politics and other regimes which tend to affect lives of many. Hence, it is necessary that we use social media in a restrictive form so that it does not over power the natural lives of the individuals.

Learn more about social media at:

brainly.com/question/23976852

#SPJ4

What is an internment camp in America?

Answers

A facility used to house prisoners of war, foreign enemies, political captives, etc. a facility built by the government of the United States to hold Japanese Americans following the assaults on Pearl Harbor as a internment camp for civilians, particularly those who had connections to an enemy during a conflict.

Internment of Japanese Americans refers to the forcible displacement of thousands of Japanese Americans to detention camps by the American government during World War II. The federal government's lengthy history of racist and discriminatory treatment of Asian immigrants and their descendants, which started with restrictive immigration rules in the late 1800s, reached its apex with that action.

know more about immigrants here

https://brainly.com/question/29487746#

#SPJ4

Which scheduled report setting allows you to define a time range for a report to run if it is delayed

Answers

We may choose a time window for our report to run using the Schedule Window options. So, we may offer a window in which to execute a report if other reports are scheduled to run concurrently.

Alert Type: A scheduled alert's run time is determined by the day and time selected from the drop-down menus. Scheduled alerts are sent out at predetermined intervals. On the other hand, the search runs continually in the background when the alternative real-time alert option is selected. The alert action is carried out each time the criteria is satisfied. The alert may be set up to do various actions depending on the level of escalation. When the trigger criteria are satisfied and the alert triggers, Escalation Level 1 comprises all initial actions that you wish to do.

To learn more about Schedule Window click the link below:

brainly.com/question/29576705

#SPJ4

What is the total estimate economic contribution that he Indian River Lagoon provides to the local, regional and national economies

Answers

The lagoon serves as a spawning and rearing site for many fish, acting as the ocean's womb. The annual revenue from lagoon fisheries is projected to be $30 million, and the lagoon contributes almost 50% of the fish consumed each year.

Do you believe the Indian River Lagoon benefits the neighborhood's economy?

The Lagoon contributes $7.6 billion yearly to the surrounding economy, which is another economic engine. It offers visitors leisure and tourism options as well as employment, housing, and industry for Floridians.

The number of employment associated with the Indian River Lagoon?

The Indian River Lagoon's major economic drivers include agriculture, fishing, tourism, resource management, and the marine and aerospace sectors. Jobs associated with lagoons employ over 72,000 people, and their yearly salaries in More than $1 billion is spent on these five industries.

To know more about annual revenue visit:-

https://brainly.com/question/20361757

#SPJ4

Sandy, a top-level manager, identifies jobs to be performed, assigns responsibility for them, establishes departments to handle the jobs, and determines how many and which employees the mid-level managers will supervise. Which function of management is Sandy performing?

Answers

The function of management is Sandy performing is Organising. Thus the correct option is B.

What is a manager?

A manager is a person who oversees a project and is accountable for allocating resources, monitoring the project's development, and ensuring that it is completed on schedule in order to fulfill the organization's mission and goals.

Creating an institutional framework and assigning resources to enable the achievement of goals is a part of the management function known as organizing.

Since it makes it easier to manage and run the organization, the organization is crucial. Among other things, it entails delegating authority, allocating tasks, and categorizing those duties into department.

Therefore, option B is appropriate.

Learn more about managers, here:

brainly.com/question/29023210

#SPJ1

The missing option probably is

planning

organising

supervising

controlling

Jasmine has played basketball since she was six years old. Each winter, she starts practicing for her local team. This year, she has decided to take a job at a supermarket. Jasmine is not able to do both activities, because her shift at the supermarket would begin before the team's practices would end. Based on what you have read, if Jasmine works at the supermarket, what is her opportunity cost

Answers

Answer:

Based on the information provided, if Jasmine chooses to work at the supermarket, her opportunity cost would be giving up her ability to participate in her local basketball team's practices.Opportunity cost is the cost of an alternative that must be foregone in order to pursue a certain action. In other words, it's the second best option or alternative you give up when you choose to pursue a specific goal or objective. In Jasmine's case, if she chooses to take the job at the supermarket, she will not be able to attend the team's practices which is her alternative option. Therefore, her opportunity cost is the benefit she would have gained from participating in the basketball practices.

Explanation:

hope this helps

Answer: D. missing out on playing basketball

Explanation: just got it right on the assignment on edge 2023.

true or false : when you query a database, there is a defined order in which the results are displayed.

Answers

It's true that when you query a database, the order in which the results are displayed is fixed.

ORDER BY statement in SQL is used to sort retrieved data in ascending or descending order by one or more columns. By default, ORDER BY sorts data in ascending order. You can use the DESC keyword to sort the data in descending order and the ASC keyword to sort in ascending order.

You can use the ASC and DESC keywords to sort in ascending or descending order respectively. To sort by multiple columns, separate the column names with the (,) operator. You can tell the system to sort the data in a particular order by adding an ORDER BY clause to your SELECT statement. The ORDER BY clause is a list of column names from remote or local tables or views. You can define a sequence of columns in the select statement's column list. Sometimes it is necessary to sort the result set based on specific column values, conditions, etc. You can use the ORDER BY clause in your select statement to sort the results in ascending or descending order.

Know more about database here:

https://brainly.com/question/29412324

#SPJ4

AOL, Qwest Corporation, and Bristol-Myers Squibb were examples of what accounting gimmick or issue in the accounting scandal craze of the early 2000s?
a. Inflated sales or revenues
b. Illegal payments
c. Round trip trades
d. Understated earnings
e. Conflict of interest

Answers

A - AOL, Qwest Corporation, and Bristol-Myers Squibb were examples of Inflated sales or revenues.

During the accounting scandal craze of the early 2000s, some companies resorted to accounting gimmicks in order to manipulate their financial statements. One of the most common techniques was inflating sales or revenues, which involved recording revenues that had not actually been earned.

For example, AOL, Qwest Corporation, and Bristol-Myers Squibb were found to have inflated their sales or revenues by improperly recognizing revenue from sales that had not yet been completed. This allowed them to report higher sales figures than actually existed, which made their financial statements look more favorable to investors and other stakeholders.

For more questions like Scandals click the link below:

https://brainly.com/question/17289444

#SPJ4

On January 1, 2020, Riverbed Company makes the two following acquisitions. 1. Purchases land having a fair value of $370,000 by issuing a 4-year, zero-interest-bearing promissory note in the face amount of $561,686. 2. Purchases equipment by issuing a 7%, 8-year promissory note having a maturity value of $550,000 (interest payable annually). The company has to pay 11% interest for funds from its bank. (a) Record the two journal entries that should be recorded by Riverbed Company for the two purchases on January 1, 2020. (b) Record the interest at the end of the first year on both notes using the effective-interest method

Answers

Discount on Payable Notes, Payable Interest, and Interest Expense are each $22,000, $15,000, and $20,424 accordingly.

What is the interest payable ?

1. January 1, 2020, Account Titles and Explanation, Credit, Debit, Land, Discount on Notes Payable, Notes Payable, 337,012.                                 2. January 1, 2020, Notes Payable 250,000, Equipment 185,673, Discount on Notes Payable 64,327, and Account Titles and Explanation Debit Credit. A. 2. Calculation of the discount on payable notes is then performed: Present value of $250,000 due in 8 years at 11% of maturity value equals $250,000 x 0.43393, which is $108,483.

Present value of $15,000 payable every year for 8 years at a rate of 11% per year equals $15,000 x 5.14612 to 77,192. Discounted from the note's present value of $165,675 is $64,325. Discount on Notes Payable: ($200,000 x 11%) Equals $22,000 (a) (b) 2. The cost of interest is ($185,675 x 11%) = $20,424 , Interest Payable = (15%) ($250,000 x 6%)

To learn more about interest refer to:

https://brainly.com/question/14985685

#SPJ4

An applicant receives a job offer from two different companies. Offer A is a starting salary of $58,000 and a 3% increase for 5 years. Offer B is a starting salary of $56,000 and an increase of $3,000 per year.

Answers

Offer B can be indicated by an arithmetic sequence because the salary difference is constant for two consecutive years.

How can sequence be written as?

Bn = 56,000 + 3,000n

where n is number of years in job.

Subtracting: B(n+1) - Bn

As you can see, the difference in salaries for two consecutive years is constant. That is, Bn is an arithmetic sequence.

What is an arithmetic sequence?

An arithmetic sequence is an ordered set of numbers with a common difference between each successive term. For example, in the arithmetic sequence 3, 9, 15, 21, 27, the tolerance is 6. Arithmetic sequence can be called arithmetic progression.

To learn more about arithmetic sequence visit:

https://brainly.com/question/10396151

#SPJ4

Choose the most appropriate action for making a large purchase.
a. use a credit card with attractive perks and high interest
b. use a low interest credit card and wait until the last month to pay off debt
c. even if you have to make a few late payments, use a credit card for simplicity
d. pause before purchasing to ask yourself, "do i need this item and can i afford it?"
please select the best answer from the choices provided a b c d

Answers

The most appropriate action for making a large purchase is pause before purchasing to ask yourself, "Do I need this item and can I afford it?"

Hence, Option D is correct.

What do you mean by payment?

Cash (bills and change) is one of the most widely used payment methods.The buyer's account is used to order personal checks (US checks).Debit Card: When using a debit card to make a purchase, the money is taken right out of the customer's account. In general, using credit cards as a form of payment when shopping online is the safest and most secure option. Your accounts and personal information are protected using credit cards' online security features, such as fraud monitoring and encryption.An IRA or other qualified retirement plan can be funded before the age of 5912 without incurring IRS penalties by using a SEPP, or substantially equal periodic payment.

To know more about Credit card here

https://brainly.com/question/26867415

#SPJ4

What type of type of resource biotic and abiotic and renewable and non-renewable resources are?

Answers

Biotic resources are living or once-living organisms, such as plants, animals, and microorganisms.

What is Biotic?

Biotic refers to any living organism or part of an organism. This includes plants, animals, fungi, and microorganisms. Biotic components form the basis of all ecosystems and are essential for the maintenance of life on Earth. Biotic organisms interact with each other and with the physical environment, forming complex networks of energy and nutrients. These networks form food webs, in which organisms consume and are consumed by other organisms, while also providing a range of services to the environment, such as nutrient cycling and climate regulation.

Abiotic resources are non-living resources, such as air, water, and minerals. Renewable resources are resources that can be replenished naturally, such as solar energy, wind energy, and water. Non-renewable resources are resources that cannot be replenished, such as fossil fuels and minerals.

To learn more about Biotic
https://brainly.com/question/29731834
#SPJ4

You have been asked by the CEO of Mountaineer Co. To assist in analyzing product costs. This analysis is used in internal decision making and in reporting to investors. The following Tableau Dashboard provides data needed for the analysis. Prepare an income statement for the company. Note: use cost of goods sold calculated in part 1.

Rent Expense Factory 45,000

Repairs Expense Factory 11. 500

Factory Utilities 9,500

Factory supplies used 14,000

Indirect labor 38,000

Raw Materials Beginning: 60,000

Raw Materials purchases: 140,000

Raw Materials Used: solve for this value

Raw materials ending: 64,000

Answers

The raw materials used were $76,000. This Cost of goods sold is calculated by subtracting ending raw materials from the beginning balance and adding purchased raw materials.

In this case, beginning raw materials were $60,000, purchased raw materials were $140,000, and ending raw materials were $64,000. So the raw materials used were $76,000 ($60,000 - $64,000 + $140,000). This value was subsequently added to the price of the goods sold. Total costs were then subtracted from net income to determine the company's net income.

Mountaineer Company Income Statement

Gross income: $500,000

Less: Cost of goods sold: $236,000

Net income: $264,000

Factory rental cost: $45,000

Cost of factory repairs: $11,500

Factory Service: $9,500

Factory material used: $14,000

Indirect labor: $38,000

Raw materials used: $76,000

Total cost: $194,000

Net income: $70,000

To know more about net income click here

https://brainly.com/question/15570931

#SPJ4

Which product attributes in Shopping campaign ads are important for giving shoppers the most meaningful information needed, all at a single glance

Answers

Prices, product images, and store names are important attributes for advertising in Shopping campaigns, giving shoppers the most meaningful information they need at a glance.

Shopping campaigns help you promote your products by giving users more information about your offers before they click on your ads. You can then track product performance over time using retail-specific reporting tools.

A type of ad that provides detailed information about a specific product for sale. To create a Shopping ad, he sets up product information in Merchant Center a Shopping campaign. Smart Shopping campaigns automatically pull product data from your feed and use it to create Shopping ads specifically designed for your customers. The campaign intelligently places those ads on different faces using the bid strategy of your choice.

Know more about Shopping campaign here:

https://brainly.com/question/27326348

#SPJ4

The workers in a factory produce widgets and whoosits. For each product, production time is constant and identical for all workers, but not necessarily equal for the two products. In one hour, 100 workers can produce 300 widgets and 200 whoosits. In two hours, 60 workers can produce 240 widgets and 300 whoosits. In three hours, 50 workers can produce 150 widgets and $m$ whoosits. Find $m$.

Answers

In three hours, 50 workers can produce 150 widgets and 250 whoosits.

We can begin solving the problem by using the information given in the problem to set up equations and then solve for the unknown variable.

We know that in one hour, 100 workers can produce 300 widgets and 200 whoosits. So, the production rate for widgets is 300 widgets per 100 workers per hour and the production rate for whoosits is 200 whoosits per 100 workers per hour.

In two hours, 60 workers can produce 240 widgets and 300 whoosits. So, the production rate for widgets is 120 widgets per 60 workers per hour and the production rate for whoosits is 150 whoosits per 60 workers per hour.

In three hours, 50 workers can produce 150 widgets and $m$ whoosits. So, the production rate for widgets is 50 widgets per 50 workers per hour and the production rate for whoosits is m/50 whoosits per 50 workers per hour.

Now we have the production rate for the three-time frames and two products, We can set up equations using this information:

$\frac{300}{100}=\frac{240}{60}=\frac{150}{50}$ for widgets

$\frac{200}{100}=\frac{300}{60}=\frac{m}{50}$ for whoosit

From this we can solve for m:

$\frac{m}{50}=\frac{300}{60}$

$m = \frac{300}{60} * 50$

$m = 250$

Read more about production and operations management:

https://brainly.com/question/29218139

#SPJ4

g Suppose you buy a share of stock today for $5,000 and sell it for $9,000 at the end of four years. What interest rate will you have earned on your investment

Answers

You will have earned 7.62% interest on your money with the investment for $5,000 and sell it for $9,000 at the end of four years.

What is the interest rate?

Interest rate is the amount of interest paid each month, expressed as a percentage of the amount lent, invested, or borrowed. Borrowed money and total interest on borrowed money depend on the principal, the annual interest rate, the consistency of compounding interest, and the term of the loan, deposit, or borrowing.

Stock today = $5,000

Stock value after 8 years = $9,000

Future value = Present value × (1 + Rate of Interest)^Year

9,000 = 5,000 × (1 + Rate of Interest)⁸

1.80125 = (1 + Rate of Interest)⁸

1.0762 = (1 + Rate of Interest)⁸

Rate of Interest = 0.0762 which is 7.62%

To know more about Rate of Interest, visit:

https://brainly.com/question/13324776

#SPJ4

The full question is,

Suppose you buy a share of stock today for $5,000 and sell it for $9,000 at the end of eight years. What interest rate will you have earned on your investment?

8.95%

7.62%

6.87%

9.21%

If employees do not honestly communicate about business issues, it can lead to Multiple choice question. poor financial performance. enhanced self-interest. transparent workplaces. greater personal values.

Answers

Employees' self interest may increase if they don't openly discuss work-related difficulties.

What types of self interests are these?

Self-interest simply refers to the pursuit of one's own interests. You go over to work in order to earn money so you can purchase the items you want. You attend school in order to one day obtain a better position and earn more cash to fulfill your wants and needs.

Why is rational self-interest crucial?

By securing and preserving market share, recruiting and retaining a talented personnel, and guaranteeing that resources and natural resources are accessible in the future, enlightened self interest boosts corporate value.

To know more about self interest visit:

https://brainly.com/question/29755956

#SPJ4

Paprus Inc. provided the following information for its manufacturing division: Revenues $650,000 Operating expenses $400,000 Service department charges $ 95,000 Invested assets $600,000 Assume that Paprus Inc. has established 20% as the minimum acceptable return on divisional assets. Determine the residual income for the manufacturing division.

Answers

Residual income for the manufacturing division is $155,000 - $31,000 = $124,000. Residual income for the manufacturing division can be calculated by subtracting operating expenses and service department fees from revenues to obtain net operating income.

Then multiply net operating income by the division's minimum acceptable return on assets (20%) and subtract that amount from net operating income. This difference is the residual income for the manufacturing division. In this case, net operating income is $650,000 - $400,000 - $95,000 = $155,000. Multiplying net operating income by the division's minimum acceptable return on assets (20%) yields $155,000 x 0.2 = $31,000.

To know more about residual income click here

https://brainly.com/question/14094616

#SPJ4

The bookkeeper prepared a check for $58 but accidentally recorded it as $85. When preparing the bank reconciliation, this should be corrected by: Select one:

Answers

The book balance is increased by $27. The cheque was written for $58 but was mistakenly recorded as $85. reconciling the bank statements

What does it entail to reconcile?

the process of rekindling friendship between two parties or groups after a dispute or fight. [noncount] The conclusion of the trade deal was hailed as a sign of amity between the two nations.

What does the Bible mean by reconciliation?

The Greek word for "reconciliation" actually implies to fully alter. The Bible says in Colossians 1:20–22 that sinners are enemies of God and one another in their hearts because of their evil deeds, but that God has made restitution through the sacrifice of Jesus.

To know more about reconciliation visit:
https://brainly.com/question/29097188

#SPJ4

Other Questions
If f(x)=3x, g(x)=x+4, and h(x)=x2-1, find the value of h[f(5)] What were writers in the Romantic Period interested in? Three people are sitting on a bus. Julian is seated 4 meters directly behind Elena and 3 meters directly left of Isabella. How far is Elena from Isabella? Park rangers plan to expand the area of a park to 506 square miles. Currently, the length of the park is 18 miles and the width is 17 miles. They want to extend the length and the width by the same number of miles. If they are successful, what will the new dimensions of the park be? Explain and I need this before tomorrow Assume there are 20.45 million unemployed people and 396.78 million employed people in a country. What is the unemployment rate figure A is reduced of figure B.a). what is the scale factor?b). if A has area 15cm2. find the area of B. Using the graph below with the following point find the length of the two diagonals to determine if TUVW is a rectangle or not T(-5,0) U(7,3) V(9,-6) W(-3,-9) Which of the following is a likely result of the federal government fixing the price of a good above the equilibrium level 1) Alice decides to take a trip from the East Coast of the United States to the West Coast. While planning, she chooses to drive, fly, and ride a train. Her first leg of the trip is traveling by car, from Sacramento, California to Denver, Colorado. Along the way, she fills up her tank using regular unleaded gas, costing $4.65 per gallon, and premium gas, $4.95 per gallon. After driving for many hours, Alice finally makes it to Denver, Colorado spending $874.80 in gas. a) Let r represent gallons of regular unleaded gas and let p represent gallons of premium gas. Create an equation that models the situation. b) If Alice purchases 87 gallons for regular unleaded gas, how many gallons of premium gas did she purchase? Show all work to receive full credit. 2) After spending a week in Denver, Alice decides to leave her car at a friends house in order fly from Denver, Colorado to Chicago, Illinois. Her plane ticket cost $475 and $35 per checked bag. a) Write a function that models the number of checked bags, b, as it relates to the total cost, c(b). b) Compete the tableNumber of Bags (b) Total Cost c(b)0 1 2 3 4 6 8 3) After spending time in Chicago, Alice decides to finish her trip by riding a train 700 miles to Washington D.C. The train travels at an average speed of 80mph. Answer the following questions using the graph. a) Describe the y-intercept in this scenario.b) Describe the x-intercept in this scenarioc) Finish the ordered pairs (2.5, ____ ) and (____,300). d) What are the domain and range?Domain: {h I ___ < h < ____}Range: {f(h) I ___ < f(h) < ____}We see Alice chose a journey to travel from the East coast United States to the West Coast. She had a starting place and ending place in mind and did not aimlessly find her way from Sacramento, California to Washington D.C. But rather, she made decisions along the way to accomplish her goal. One could also say your life is like a journey or race in which you are running. 1 Corinthians 9:24-25 (NIV version) says, Do you not know that in a race all the runners run, but only one gets the prize? Run in such a way as to get the prize. Everyone who competes in the games goes into strict training. They do it to get a crown that will not last, but we do it to get a crown that will last forever. How do you interpret this passage in the bible and what does it look like in your life? Which of the following did preachers Jonathan Edwards and George Whitefield believe in 2) Jenny has a water tank that needs to befilled up. The water tank can hold 500 gallonsof water. She adds 20 gallons of water everyhour. How many hours does it take for Jennyto be able to fill up the tank? How does water clarity affect species? What is the purpose of the figurative language in lines 1112?A to show how much the speaker dislikes yard workB to show how badly the landscape has been maintainedC to show how the equipment is unable to operate correctlyD to show how nature is not easily forced into a pattern The uniform beam has a weight W and length L and is supported by a pin at A and cable BC ( figure 1)Part ADetermine the horizontal and vertical components of reaction at AExpress your answers in terms of some or all of the variables W, R. and ). Enter your answers separated by a comma.View Available Hint's)Aa + Ay = ____Parts B Determine the one cable car necessary to hold the beans position shownExpress your answers in terms of some or all of the variables W, R. and ). Which type of market is the one in which a person buys their favorite breakfast sandwich at a fast-food drive thru?A) Product marketB) Factor marketC) Financial marketD) Closed market An automotive company tests the driving capabilities of its self driving car prototype. They Carry out the test on various types of roadways specifically a racetrack chill rack and dirt road what are the examples of fair or unfair practices What is the history of credit in America? can you help me please What evidence of evolution did Darwin present ? Parallel, intersecting, and perpendicular