Your grandmother has been putting $3,000 into a savings account on every birthday since your first (that is, when you turned 1). The account pays an interest rate of 4%. How much money will be in the account on your 18th birthday immediately after your grandmother makes the deposit on that birthday

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Answer 1

Answer:

I believe the answer is 6,480,000.


Related Questions

While screening and evaluating ideas, a stop-to-market mistake happens when ________. Multiple Choice

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While screening and evaluating ideas, a stop-to-market mistake usually occur as result of : good idea  been eliminated during the screening process.

Stop-to-market mistake serves as marketing mistake that cam be made which can affect revenue that a firm suppose to get.

At the screening and evaluating ideas stage, if careful decision are not made a good ideal can be eliminated which can affect the whole plan.

Therefore, good decision has to be made when

screening and evaluating ideas.

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Which employee is most likely to have a pension plan?
A. A food bank volunteer
B. A family physician
C. A public school teacher
D. A part-time food server

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A public school teacher is most likely to have a pension plan. Option C is correct.

What Exactly Is a Pension Plan?

A pension plan is an employee benefit in which the company pledges to making monthly contributions to a pool of money put aside to finance payments to qualified employees once they retire.

Underfunding, mismanagement, insolvency, and legal exclusions are all possibilities that might jeopardize the pension. There are laws in place to safeguard you in such situations, but some are more effective than others.

Therefore, option C is correct.

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Using your understanding of how conflict occurs, complete the sentence.

The two managers often engaged in ______________________; in today’s meeting, they had a spirited debate over the project’s optimal workflow, and their disagreement ultimately led to a creative solution.

a. relationship conflict
b. groupthink
c. task conflict

Answers

Answer:

c. task conflict

Explanation:

The two managers often engaged in task conflict; in today’s meeting, they had a spirited debate over the project’s optimal workflow, and their disagreement ultimately led to a creative solution.

Dominique and Isidora Wilson are wealthy entrepreneurs who are very interested in helping people who have been wrongly convicted of crimes. What philosophy would they choose to implement

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People do things for different reasons.The philosophy they would they choose to implement is Philanthropy.

Philanthropy is a term that goes beyond the act of giving, Its aim is to encourage change in the community and people.

This act been pursued is equally beneficial for the performer and the recipient. The field of philanthropy is lead by professional companies and people to worthy causes.

Giving yourself to a cause is very personal, and sometimes emotionally taxing of your time and money.

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Samantha, who is single and has MAGI of $58,500, was recently employed by an accounting firm. During the year, she spends $3,900 for a CPA exam review course and begins working on a law degree in night school. Her law school expenses were $5,040 for tuition and $780 for books (which are not a requirement for enrollment in the course).

Answers

Answer:

KNOCK WHOS THERE.YOUR DAD. DAD WHO. WAIT I FORGOT YOU GOT NO DAD.

YOUR DAD DIDNT GO GET THE MILK HE JUST HATED YOU IT WAS YOUR FAULT YOURPARENTS DONTLOVE YOU.

What is the major difference between a conventional marketing channel and a vertical marketing system (VMS)

Answers

Answer:

ha I sry I'm sry

do you guys know if it’s legal to buy things from ebay for let’s say 80 dollars but the real worth is like 110 or something. and i sell it for 100 and make a 20 dollar profit and keep doing that do you guys know if it’s legal or not?

Answers

This is legal and all companies do this also.

Products are manufactured at cheap rates then the stores who buy the products also mark up the products so both the manufacturer and seller makes profit.

Just properly label the item in its condition to avoid chargebacks and refunds.

As opposed to running for office, careers in
government administration are what kind of
positions?
A. permanent
B. freelance
C. contract

Answers

Answer:

I think its freelance .

Answer:

The answer would be B. freelance

Explanation:

I got it right on my test; Edmentum

xercise 11-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $240,000 investment with the following net cash flows. Gomez requires a 12% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1Year 2Year 3Year 4Year 5 Net cash flows$72,000$45,000$71,000$160,000$57,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment

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The net present value of this investment is $44,722.06.

The investment should be accepted.

Net present value is a capital budgeting method. It is calculated as the present value of after-tax cash flows from an investment less the amount invested in the project.  

NPV can be calculated using a financial calculator .

Only projects with a positive NPV should be accepted.

Cash flow in year 0 = $-240,000

Cash flow in year 1 = $72,000

Cash flow in year 2 = $45,000

Cash flow in year 3 = $71,000

Cash flow in year 4 = $160,000

Cash flow in year 5 =  $57,000

Interest rate = 12%

NPV = $44,722.06

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What is clay item?Give your own no rude answer. ​

Answers

Answer:

things made up of wet clay minerals that are mixed in soil

Answer:

Clay is a type of fine-grained natural soil material containing clay minerals. Clays develop plasticity when wet, due to a molecular film of water surrounding the clay particles, but become hard, brittle and non–plastic upon drying or firing. ... Clay is the oldest known ceramic material.

One reason why the coffeehouse market is competitive is that A. it is trendy and therefore is likely to have a customer following. B. demand for coffee is very high. C. barriers to entry are low. D. consumption takes place in public.

Answers

The likely reason why the coffee house market is described as competitive is because: C. barriers to entry are low.

Characteristics of competitive market?

A competitive market is a market structure having the following characteristics:

There are many producers and consumer.A single producer nor consumer cannot dictate the market.Goods and services do not vary between producers (Homogenous products).Free entry and exit (no entry barrier).

Thus, coffee house is an example of competitive market.

there are many coffee houses and many buyers of coffee. Coffee produced can be said to be homogenous. More so, there is no stiff standards preventing people from venturing into coffee business.

Therefore, the likely reason why the coffee house market is described as competitive is because: C. barriers to entry are low.

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A __________ refers to a communication structure in which team members freely communicate with one another and arrive at decisions together.


✔ a. decentralized network

b. centralized network

c. circular network

d. linear network

e. gossip structure

Answers

Answer : circular network

Based on your knowledge of pricing concepts, why does Warby Parker stress that the price tag for frames starts at $95

Answers

Answer:

He is used to paying less for other things. He expected the glasses to be cheaper.

What term refers to the percent of total revenues that represent a business's actual profit? A. Percent increase B. Relative revenue C. Profit margin D. Markup

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The profit margin shows the percentage of a sale that is profit for a company.

What is profit margin?

One of the often utilized profitability metrics to gauge a business's or line of company's profit is profit margin. It displays the proportion of profitable sales.

Profit margin is the difference among your company's total operating expenses and its total revenue. With more cash on hand for your organization, the profit margin will rise. You can rapidly determine a company's profit margin by subtracting the cost of the product sold (COGS) from overall sales and the result is divided by total revenue. Multiplying the figure by 100 will get the percentage.

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Chase Company owns 80% of Lawrence Company and 40% of Ross Company. Lawrence Company also owns 30% of Ross Company. Separate operating incomes for 2011 of Chase, Lawrence, and Ross are $450,000, $300,000, and $250,000, respectively. Each company also retains a $20,000 unrealized gain in their current income figures. Annual amortization expense of $15,000 is assigned to Chase's investment in Lawrence and another $15,000 is assigned to Lawrence's investment in Ross. Compute the noncontrolling interest in Ross' net income for 2011. $92,000. $77,400. $75,000. $64,500. $69,000.

Answers

The non-controlling interest in Ross Company's 2011 net income is A. $92,000.

Data and Calculations:

Chase Company's shareholding in Lawrence Company = 80%

Chase Company's shareholding in Ross Company = 40%

Lawrence Company's shareholding in Ross Company = 30%

                                                    Chase       Lawrence      Rose

Operating incomes for 2011   $450,000    $300,000  $250,000

Unrealized gain                           20,000        20,000       20,000

Annual amortization expense                          15,000       (15,000)

Therefore, Chase Company's shareholding in Ross Company = 64% (40% + 80% x 30%).

And Ross' non-controlling interest = 36% (100% - 64%)

= $92,000 ($250,000 + $20,000 - $15,000) x 36%

Thus, the non-controlling interest in Ross Company's 2011 net income is A. $92,000.

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“Marketing is Significant for Both Profit and Non-Profit Organizations”Do you agree with this statement? Explain​

Answers

Answer:

Marketing is just as important for non-profits as it is for businesses, but the target audience is potential contributors and volunteers, not consumers, and the problem is persuading them to provide money without expecting anything in return.

Explanation:

A single factory produces two different products during each half of the year with equivalent fixed cost; from January through June they produce Product A and from July through December they produce Product B. Product B costs three times as much to produce and the price of Product A is one third of Product B. The breakeven quantity of Product A as related to the breakeven quantity of product B is best represented by:

Answers

The breakeven quantity of Product A as related to product be is 1/3.

The breakeven quantity refers to the minimum of units a company needs to sell to cover the costs that implied producing that good.

For example, if production costs are $1000 and each unit sale price is 10, the company will need to sell at least 100 units ($1000 / 10 = 100).

In the case of product A and B, it is known product A cost only 1/3 of product B. For example:

Product A: $100 (production cost).Product B: $300 (production cost).

In this context, the breakeven quantity for product A will be a third of the one for product B.

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Which global facility type is set up in an area with an abundance of advance suppliers, competitors, and research facilities

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The global facility type set up in an area with an abundance of advance suppliers, competitors, and research facilities is called Outpost Factory

One of the primary purpose of establishing outpost factory is to enable a company have access to the skills required by them due to the availability of suppliers and research facilities.

An outpost factory is established in a location where there are concentration of companies producing similar products(competitors) so that they can tap in from their knowledge. Other types of global facilities are source factory, server factory, contributory factory etc.

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how do VIP membership card works in a resort or hotel what will happen if you have VIP membership card?

Answers

the answer would be, if you have a membership card at a hotel or resort, you most likely have more benefits then a normal client such as certain dinning, places to go, special room service, etc

Mettle Inc. is a multinational toy manufacturing company based in the United States. It has factories and offices in many countries around the world. In all its foreign offices, Mettle Inc. has applied the practices, policies, and culture followed in its U.S. office. As a result, Mettle Inc.'s operations are standardized across all countries. Which of the following international orientations has Mettle Inc. adopted?

a. The regiocentric approach
b. The ethnocentric approach
c. The geocentric approach
d. The polycentric approach

Answers

Considering the situation described above, the international orientations Mettle Inc., has adopted is known as "the ethnocentric approach."

This is because the ethnocentric approach is a method of recruiting individuals or personnel that fits the international businesses, based on requirements such as skills and zeal to imbibe the company's culture.

The ethnocentric approach is different from polycentric and egocentric approaches because it is based on meritocracy.

Hence, in this case, it is concluded that the correct answer is option B. "The ethnocentric approach."

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Even though it is often the case that no cash outflows result when demand exceeds capacity, __________ can nevertheless be experienced in those circumstances. Multiple Choice holding costs service costs foreorder costs shortage costs setup costs

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Even though it is often the case that no cash outflows result when demand exceeds capacity, shortage costs can nevertheless be experienced in those circumstances.

Shortage costs will now be explained.

What are Shortage costs?

Shortage costs are those costs that an organization suffers when there is no inventory in stock. These could arise when;

Customers go to other sources to purchase the itemsWhen the business has to pay for the cost of shipping goods to the warehouse

So even when the business cannot meet the demands of customers, they might still suffer from shortage costs as explained above. So, even if there is no cash outflow, there are shortage costs.

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what is most likely true of a formulaic story

Answers

Answer:

It closely follows Freytag's pyramid

Explanation:

Jennifer is a single mom of two who is working and taking college classes at night. The demands of work and her work projects are stressing Jennifer out, which results in work-family conflict. work-family conflict. workplace role ambiguity. workplace role ambiguity. downsizing. downsizing. job satisfaction.

Answers

Considering the situation described above, the demands of work and her work projects are stressing Jennifer out, which results in work-family conflict.

This is because Work-family conflict is a type of phenomenon which occurs when an individual is having difficulty combining the work and family roles.

This is evident in Jennifer's situation whereby she is a single mother of two, yet she still works at night, stressing her out.

A work-family conflict often leads to psychological issues, as shown with the stress Jennifer is experiencing.

Hence, in this case, it is concluded that the correct answer is "work-family conflict."

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nancy grant is the owner of coal bank hollow recycling, a company that specialized in collecting and recycling paper products. nancy's company uses two different recycling processes to convert newspaper, mixed paper, white office paper, and cardboard into paper pulp. the amount of paper pulp extracted from the recyclable materials and the cost of extracting the pulp differs depending on which recycling process used. the paper pulp produced from each recycling process also has different yields for the final products. nancy currently has 70 tons of newspaper, 50 tons of mixed paper, 30 tons of white office paper, and 40 tons of cardboard. she has a contract to produce 60 tons of newsprint pulp, 40 tons of packaging paper pulp, and 50 tons of print stock pulp. what is the most cost-efficient way to meet the obligations

Answers

The most cost-efficient way to meet the obligations is that which needs less resources and capital.

The most cost-efficient way to meet the obligations is to use that method which produces more pulp in less time as well as using less energy and capital on the production of pulp in order to gain more profit from the business.

If the first method uses less cost of production for the production of pulp required in the contract then as compared to the second method then the nancy should use the first method for the production of pulp required in the contract so we can conclude that the most cost-efficient way to meet the obligations is that which needs less resources and capital.

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When the Midwest flight attendants first looked at the terms of their contract and asked if they were being treated unfairly, they prepared a statement of the issue to be resolved in the arbitration hearing. What was the name of this statement

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The name of this statement that was prepared by the Midwest flight attendants is: Submission Agreement

Submission Agreement is a singular case which the complainant pushes forward as the main case that they want to be settled.

A submission agreement was prepared by the Midwest Flight attendants. Their singular grievance was that they were treated unfairly.

So, they submitted a Submission Agreement to the arbitration hearing.

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The new chairman of the Ionian Central Bank (ICB) is preparing for her first board meeting. She is expected to recommend a monetary policy for the board to pursue. She decides to use the Taylor rule, which was originally developed for the U.S. Federal Reserve. Ionia's potential GDP is 100 million drachma, but current GDP is 96 million . What is Ionia's output gap

Answers

By using the Taylor rule used the U.S. Federal Reserve, the Output gap for Ionian Central Bank will equal -4%.

Output gap helps to measure the difference between the actual output of an economy and its potential output.

The formula to use to derive Ionia's Output gap is {[Current GDP - Potential GDP} / 100}}

Ionia's Output gap = (96 - 100)/100

Ionia's Output gap = -4 / 100

Ionia's Output gap = -4%

Therefore, by using the Taylor rule used the U.S. Federal Reserve, the Output gap for Ionian Central Bank will equal -4%.

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Identify and describe four factors that will cause a demand curve for gasoline to shift to the left or decline. What will the likely effect on prices

Answers

Answer:

four factors that could potentially cause a leftward shift in the demand curve for gasoline include

higher prices in gasoline

substitutes for gasoline available at lower prices

substitutes for complementary products (such as electric vehicles) being available at lower prices

changes in consumer income or purchasing power

Explanation:

higher gas prices will have a negative impact on consumer purchasing power, resulting in a decline in demand for the product

substitutes for gasoline, such as diesel or natural gas, at lower prices will cause demand for said substitutes to increase, resulting in a decline in demand for gasoline

complementary products to gasoline are gas-powered vehicles. when demand in a complementary product decreases, so will the demand in the initial product--in this case, gasoline

when consumer income declines, consumer purchasing power declines; this results in a decline in demand for products, such as gasoline

How does the opportunity cost principle explain the relationship between the real interest rate and investment spending?
As the interest rate rises,
the more spending businesses want to do.
the less attractive it is to leave money in the bank instead of spending on investments.
the more attractive it is to leave money in the bank instead of spending on investments.
it has no effect on investment spending. If firms need to expand, they will invest regardless of the interest rate.
b. The investment line is
because of the relationship between real interest rates and investment
spending
perfectly elastic
vertical
upward-sloping
downward-sloping

Answers

The opportunity cost illustrates the relationship that exists between them because as the interest rate rises, the more attractive it is to leave money in the bank instead of spending on investments.

The investment line is downward sloping because of the relationship between real interest rates and investment spending.

Opportunity cost simply means what one foregoes in order to get something else. It should be noted that when there's an increase in the interest rate, this will lead, the cost of borrowing will be high. Therefore, there'll be a reduction in investment.

Therefore, there's a negative relationship between interest rate and investment spending. This then leads to a downward-sloping curve.

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Wagner Resources was unable to meet its financial obligations. Its creditors forced it into using legal proceedings to restructure itself so that it could continue as a viable business. The process this company underwent is known as a:

Answers

Answer:

bankruptcy

Explanation:

more specifically, the company underwent chapter 11 bankruptcy. this type of bankruptcy is used when a business or organization is allowed to reorganize or restructure the company under a court-appointed trustee, all the while still remaining in operation.

Explain the characteristics of public limited companies

Answers

Explanation:

Life span

Number of shares

Financial privacy

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