The Z-value can be found using the cumulative distribution function (CDF) of the Normal distribution.
If the store wants to increase the Type 2 service level to 98%, what would be the corresponding Z-value?The model name is the Continuous Review (s, S) policy. The parameters of the problem are as follows:- Lead time: 3 weeks
- Weekly demand: Mean = 38, Variance = 130
- Cost per hard disk: $18.80
- Ordering cost: $75 per order
- Holding cost: 40% per year (equivalent to 0.4/52 per week)
- Compensation per unsatisfied disk: $400
- Lot size: 500 hard disks per order
The lead-time demand distribution is the Normal distribution. Its mean, μt, is calculated as the mean weekly demand (38) multiplied by the lead time (3), which is 114. The standard deviation, σt, is the square root of the sum of the variances over the lead time, which is the square root of (130 * 3), approximately 20.83.The optimal stocking policy can be determined using the following formulas:- Reorder point (s): s = μt + z * σt, where z is the desired Z-value for the chosen service level.
- Order-up-to level (S): S = s + average demand during lead time, which is μt + (mean weekly demand * lead time).
The safety stock level is the difference between the order-up-to level (S) and the reorder point (s). So, safety stock = S - s.The Type 1 service level, a, can be calculated as the probability of not running out of stock during the lead time. It is typically derived from the Z-value corresponding to the desired service level. The Z-value can be found using the cumulative distribution function (CDF) of the Normal distribution.The Type 2 service level, b, represents the probability of not having a backorder. It can be calculated as the probability of not exceeding the order-up-to level (S) during the lead time. It is also derived from the Z-value and the CDF of the Normal distribution.Learn more about Z-value
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Floyd is a post office employee responsible for collecting, preparing, and approving invoices and collect cash related to postal services. His son wants to go to graduate school in another country and Floyd finds it difficult to obtain the required funds. He decides to add $1 for every invoice he issues or collects when dealing with customers who appear distracted. He continued to do so for a year, collecting around $100,000 before being interviewed as a suspect.
Identify all fraud diamond factors indicated in this scenario. What additional information would you need to have evidence regarding all of the fraud diamond factors?
Fraud Diamond is the four major factors of fraud, which include rationalization, opportunity, financial pressure, and character or ethics. Fraud Diamond is an essential concept in preventing fraud and unethical conduct in business. As a result, the fraud diamond is a model utilized to investigate fraud circumstances and assess their danger.
There are three fraud diamond factors indicated in this scenario:1. Financial pressure: This refers to the financial or personal problems that could force an employee to engage in fraud. In this scenario, Floyd was under financial stress because he required money for his son's graduate school education, hence he had financial pressure.2. Opportunity: This is the environment or circumstances that make it possible for the employee to engage in fraud. Floyd had the power and authority to collect, prepare, and approve invoices and collect cash for postal services.3. Rationalization: Rationalization refers to the excuses that an employee provides to justify the fraudulent conduct.
In this scenario, Floyd believed that collecting an additional $1 per invoice issued or collected from clients who were distracted was a harmless way to raise funds for his son's graduate education.To gather evidence on all the fraud diamond factors indicated in this scenario, additional information is needed. For instance, it is crucial to determine whether Floyd's son was admitted to the graduate school and the cost of the education. This information will reveal the level of financial stress Floyd was under and his motive for committing fraud. Additionally, it is essential to investigate Floyd's spending habits to determine whether there were any unusual expenses during the year he collected $100,000.
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In terms of the principal types of business activities, paying salaries expense is an example of what?
In terms of the principal types of business activities, paying salaries expense is an example of an operating activity.
Operating activities are the day-to-day activities that a business engages in to generate revenue and sustain its operations. Examples of operating activities include sales of goods or services, payments to suppliers, salaries and wages paid to employees, and rent or utility payments. Salaries expense represents the cost of labor that a business incurs to operate its business on a daily basis. As such, it is considered an operating expense and is deducted from revenue to calculate the operating income of a business.
In contrast, investing activities involve the purchase or sale of long-term assets such as property, plant, and equipment, while financing activities involve the raising or repayment of funds from creditors or investors. These activities are typically not part of the day-to-day operations of a business but are important for its long-term growth and sustainability.
Overall, paying salaries expense is a crucial operating activity that allows a business to maintain its workforce and sustain its operations in the short run. By properly managing its operating expenses, a business can improve its profitability and achieve long-term success.
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Which workplaces are typical for someone working in Marketing, Sales, and Service? Select all that apply,
A factories
B offices
C customer's homes
D home offices
E stores
F warehouses
G La vehicles
H research centers
The workplaces that are typical for someone working in Marketing, Sales, and Service are:
storesfactorieswarehousesWhy do people work in Marketing, Sales, and Service?Majority work in these section to promote product and sales of goods and service.
Hence, the typical workplaces of someone working in Marketing, Sales, and Service includes stores, factories and warehouses.
Therefore, the Option A, E and F is correct.
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Answer:
A. Factories
E. Stores
F. Warehouses
Explanation:
Unanticipated moral hazard contingencies can be reduced by ____
Unanticipated moral hazard contingencies can be reduced by implementing effective monitoring systems, establishing clear incentives, and fostering a culture of transparency and accountability.
To begin with, organizations should invest in robust monitoring systems that can track and evaluate employee actions, enabling them to identify potential moral hazards before they escalate into serious issues. This may involve utilizing advanced analytics and risk assessment tools to detect patterns of behavior that indicate potential hazards.
Moreover, providing clear incentives for employees to act ethically and responsibly can reduce the likelihood of moral hazard situations arising. This can be achieved through performance-based compensation systems, linking rewards to adherence to ethical guidelines and the achievement of organizational objectives. Incentives should be aligned with the company's values and goals, discouraging behavior that could result in moral hazard situations.
Finally, fostering a culture of transparency and accountability is essential in mitigating unanticipated moral hazard contingencies. Encouraging open communication about potential risks, ensuring that decision-making processes are transparent, and holding employees accountable for their actions can all contribute to a culture in which moral hazards are less likely to arise.
By promoting a workplace environment that values ethical conduct and responsible decision-making, organizations can more effectively reduce the occurrence of unanticipated moral hazard contingencies.
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The primary key of a _____ table is identical to the primary key of a supertype table.
Group of answer choices
A. subtype
B. third normal form
C. dependent
D. master
The primary key of a subtype table is identical to the primary key of a supertype table. The correct option is A.
In a database, a subtype table inherits the primary key from its supertype table, ensuring data consistency and maintaining relationships between the two tables.
A subtype table represents a specific category or subclass of data within the broader supertype table. The primary key ensures that each record in the subtype table can be uniquely identified and linked to the corresponding record in the supertype table.
1. Define a supertype table with a primary key.
2. Create a subtype table for each category or subclass of data within the supertype table.
3. Inherit the primary key from the supertype table in each subtype table.
4. Maintain data consistency and relationships between the supertype and subtype tables using the primary key.
Remember that third normal form, dependent, and master are not the correct answer choices for this question, as they do not represent the relationship between a subtype and supertype table in the same way as the correct answer, subtype.
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Which of the following reason could make a company with high gross profit at year end to have low net profit:
A The company has high operating cost B The company has high production cost C The company has high cost of goods sold D. The company has high transport cost for its raw materials
The reason that could make a company with high gross profit at year end to have low net profit is A) The company has high operating cost.Long Answer:Gross profit and net profit are two essential terms in any business or corporation. Gross profit is the amount of revenue remaining after deducting the cost of goods sold (COGS), while net profit is the amount of profit earned after deducting all of the company's expenses.
The net profit is arrived at by deducting taxes, interests, rent, and depreciation from the gross profit.As a result, any firm with a high gross profit at year end may not have the same net profit if it has high operating costs. In other words, a firm's net profit margin is affected by its operating expenses.A company may have high gross profit if it has a good margin on its sales; however, high operating expenses will reduce its net profit. Operating costs include salaries, electricity, rent, advertising, legal fees, and other expenses. The higher a company's operating expenses, the lower its net profit will be.
The following are some examples of operating expenses that could be reduced to boost a company's net profit:Employees: The company may reduce employee compensation by laying off staff or offering early retirement packages to certain employees. Alternatively, it could pay employees less in salaries and bonuses.Rent: If the company's current premises are too expensive, it could move to a less expensive location or sublet some space to generate revenue.Advertising: The company could reduce the amount spent on advertising by focusing on a specific niche or reducing the amount of advertising it does altogether.Legal Fees: If the company is spending too much on legal fees, it could negotiate better deals with its legal providers or hire in-house legal counsel.Overall, a company with high gross profit at year end could have low net profit due to high operating costs. So, Option A is correct.Explanation:
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“Creditors do not actually have to worry about their dues in case the business fails.” In which
form of business is this possible? Which special feature is highlighted in this statement ?
Answer:
Sole proprietorship
The sole proprietor(not creditors but creditor) bears all losses
Explanation:
Sole proprietorship is a form of business in which there is no legal difference between the owner and the business entity as both are one and the same. The term 'sole' connotes 'only' while 'proprietorship' connotes 'owner(ship)'; it is also referred to as individual entrepreneurship. This is because only the owner of the business (the proprietor) bears all the risks (losses, debts, legal actions etc) and benefits (profits, dividends etc) of the business venture. He owns all the assets of the business venture, debts as well as the legal actions (whether positive or negative); when business is faring well, he enjoys a handsome profit and when business is struggling, he also bears the brunt of it.
The special feature highlighted in the statement above is the reality that the "creditors" refers simply and only to the proprietor (the owner of the business); in which case, if the business fails, the proprietor does not have to bother about the backlash from creditors' pressures, legal actions etc. He is the sole bearer of the losses of the business venture.
question modemultiple select questionselect all that applyof the following, which three would be considered a component of the marketing plan? (check all that apply.)multiple select question.advertising tie-insproduction schedule marketing strategy situation analysis financial section
The three components that would be considered component of marketing plan are advertising, financial section and marketing strategy.
What is advertising?Advertising is a process and a set of techniques used to promote a product or service. Businesses try to get consumers to notice their products and services by using advertising. Commercial advertising typically aims to increase customer use of their products or services through "branding," in which consumers associate a product name or image with particular characteristics. On the other side, direct-response advertising describes commercials that are intended to stimulate an immediate purchase. Non-commercial entities that advertise their goods or services more than for-profit businesses include political parties, interest groups, religious institutions, and governmental agencies. Public service announcements are one type of free persuasion that non-profit groups are permitted to use.
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Which aspect of Argentina's economic environment are international businesses most likely to perceive as attractive? a. Infrastructure b. Natural resourcesc. Educational system d. Economic system
Aspect of Argentina's economic environment are international: Option A. Infrastructure
International businesses are attracted to Argentina's infrastructure as it facilitates efficient transportation of goods and services.
International businesses are attracted to Argentina's infrastructure due to its well-developed transportation networks. These networks include highways, airports, and ports which help facilitate the efficient movement of goods and services. Additionally, Argentina has a modern telecommunications system, which allows businesses to communicate quickly and easily. Furthermore, the country has a reliable energy supply, providing businesses with the power they need to operate. All of these factors make Argentina's infrastructure an attractive option for international businesses.
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A facility that rents space specifically to new businesses or to people wishing to start a business is called a:
Answer:
Business incubator.
Explanation:
Which is an example of specialty media?
a) T-shirts with a store logo on them
b) A satellite television ad
c) A "midnight madness" sale
Answer:
a) T-shirts with a store logo on them
Hope it helps...
what are you all doing for hoolween this year?
Answer: I’m having a Halloween party with my parents and family because you know ya girl ain’t trying to get sick
Explanation:
In june, cellars, inc. Collected $1,000 from a customer in advance. In july, cellars completed the first half of the job. In august, cellars completed the work. If cellars uses the cash basis of accounting, it will record revenues of ______.
If Cellars, Inc. uses the cash basis of accounting, it will record revenues of $1,000 in June and nothing in July and August for this transaction.
What is the cash basis of accounting?The cash basis of accounting is an accounting method whereby revenues and expenses are recognized when cash is received or paid out.
The cash basis is unlike the accrual basis of accounting. With the accrual basis, revenue is recognized when earned. Expenses are recognized when liabilities are incurred regardless of when cash payment is made.
Data Analysis:Cash Basis:
Cash $1,000 Deferred Revenue $1,000
Accrual Basis:
Cash $1,000 Deferred Revenue $1,000
July: Deferred Revenue $500 Service Revenue $500
August: Deferred Revenue $500 Service Revenue $500
Thus, if Cellars, Inc. uses the cash basis of accounting, it will record revenues of $1,000 in June and nothing in July and August.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
In what career cluster would you find all levels of business jobs, such as an Administrative Assistant?
A)Law, Public Safety, Corrections, & Security
B)All of these
C)Education & Training
D)Health Science
In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant
For better understanding, let's understand what career clusters means
Career Cluster is simply known to be a wide occupational groupings of specific industry based jobs such as agriculture, law, education, health science etc . The career clusters provide an organizing tool that helps one in creating a career plan.An administrative assistant helps in the day to day running of an enterprise or firm. All career cluster have different job specifications and so an office or administrative assistant is often needed to answer phone calls, document important work or minutes of meetings, assistant the boss in office duties and other responsibilities. It is commonly found in all the 16 career cluster.From the above, we can therefore say that the answer In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant is correct.
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assume that the 1, 2, 3, 5, 10, 20, and 30-year rates were 2%, 2.5%, 3%, 3.4%, 4.2%, 5.0%, and 5.8%, respectively. what type of yield curve is this? humped. normal. flat. inverted.
This yield curve is humped. A humped yield curve is characterized by short-term and long-term interest rates that are lower than intermediate-term rates.
In this case, the 3-year and 5-year rates are higher than the 1-year and 2-year rates, and the 10-year rate is higher than the 20-year and 30-year rates, creating a hump shape. This type of yield curve is typically seen when the market is uncertain about future economic conditions.
The shape of the yield curve is an important indicator of the state of the economy and can give insight into the market's expectations for future economic conditions. There are three main types of yield curves: normal, flat, and inverted.
1. Normal Yield Curve: A normal yield curve is characterized by short-term interest rates that are lower than long-term rates. This is the most common type of yield curve and indicates that the market expects the economy to grow at a moderate pace.
2. Flat Yield Curve: A flat yield curve is characterized by short-term and long-term rates that are roughly the same. This type of yield curve is often seen during transitions between economic cycles and can indicate uncertainty in the market.
3. Inverted Yield Curve: An inverted yield curve is characterized by short-term rates that are higher than long-term rates. This type of yield curve is often seen as a warning sign of an economic downturn, as it can indicate that the market expects interest rates to fall in the future due to a weakening economy.
A humped yield curve, like the one described in the question, is a variation of the normal yield curve where intermediate-term rates are higher than both short-term and long-term rates. This shape can indicate uncertainty or instability in the market, as investors are not sure whether the economy will grow or contract in the future.
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How is a debit card different from a credit card?
A. A debit card is usually issued by a financial institution.
B. A debit card provides a way for people to make large purchases.
C. Spending on a debit card is limited to the funds available in an
account.
D. Spending can occur via a digital payment method.
Answer:
C
Explanation:
because thats wat ist is.- limited funds
Match the banking term with its definition.A. List currency coin and checks deposits into an accountB. A document signed by the depositor instructing the bank to pay a specified amount of moneyC. A record set up by a bank for its customerD. Explains the reason for paymentsE. Electronic transfer of cash from one party to another.a. Deposit ticket b. checkc. bank accountd. Remittance advicee. Electronic funds transfer
Answer:
A. Deposit ticket: List currency coin and checks deposits into an account.
B. Check: A document signed by the depositor instructing the bank to pay a specified amount of money.
C. Bank account: A record set up by a bank for its customer.
D. Remittance advicee: Explains the reason for payments.
E. Electronic funds transfer: Electronic transfer of cash from one party to another.
Explanation:
A. Check: List currency coin and checks deposits into an account.
B. Deposit ticket: A document signed by the depositor instructing the bank to pay a specified amount of money.
C. Bank account: A record set up by a bank for its customer.
D. Remittance advicee: Explains the reason for payments.
E. Electronic funds transfer: Electronic transfer of cash from one party to another.
Strategies for managing conflict
Can I get a brainest point plsssssss
1. Don't Ignore Conflict
If you're someone who dislikes dealing with conflict, it might seem tempting to just put your head in the sand and pretend it doesn't exist, hoping it will resolve itself on its own. While this sometimes can happen, the truth is that the vast majority of the time, this will only cause the situation to get worse. Ignored conflicts have a tendency to fester over time and reappear at inopportune moments, so do your team a favor and address conflicts when they occur, nipping a potentially toxic situation in the bud as soon as you recognize it.
2. Clarify What the Issue Is
If you're dealing with a conflict between two members of your team, it's important that you get all the facts. Sit down with each individual involved and find out exactly what the issue is. How is each individual perceiving the situation? What needs are not being met? What does each party see as an appropriate resolution? Make sure that all parties involved understand that you are acting as an impartial mediator, and let them know they can feel comfortable to share sensitive information.
3. Bring Involved Parties Together to Talk
Once you've had a chance to talk to all involved parties separately, bring them together in a meeting so that they can hash out their differences in a neutral environment. This is a time for brainstorming, active listening, and being open to different perspectives - the goal is to come to a common understanding of what the problem is, what role each individual is playing in the conflict, and what some possible solutions might be.
4. Identify a Solution
After both parties have had a chance to discuss the situation at hand, it's time to identify what a satisfactory resolution might be - and how to get there. Ideally, by this point, both parties will understand the other's side, and oftentimes the conflict will be resolved just through facilitated, open dialogue. However, if the situation requires further resolution, you will need to step in and help them negotiate a reasonable solution. This phase can require some time and effort, as it requires both parties to set aside their differences and preferences and find some common ground to work towards (which may involve not getting everything they want out of the situation). Then, work with both individuals to come up with a concrete list of steps that will result in the solution being achieved.
5. Continue to Monitor and Follow Up on the Conflict
Just because a solution has been identified and addressed doesn't mean it will just go away. As a manager, it's your responsibility to check in with both parties to ensure that the conflict has truly been dealt with, and that the steps identified to reach a solution are being followed. If all seems to be going well, simply remember to stop and observe from time to time, just to see if things really are going smoothly or if there are still lingering tensions under the surface that need to be handled. If it's clear that the solution didn't work, or wasn't the right resolution for the situation, make sure to be proactive in working with both parties to readjust expectations, identify alternative solutions, and continue their dialogue to create a positive and healthy work environment.
Select the correct answer.
What is a benefit of joining a professional organization for your chosen career path?
A. taking difficult certification examinations
B. participating in competitive events
C. going to regional conferences to get continuing education credits
D. helping with choosing a career path
Answer:
C. going to regional conferences to get continuing education credits.
Explanation:
3.1.5. Discuss the characteristics of a mixed Economy.
Answer:
A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals
Explanation:
good luck
please mark me as a brainliest
what does the fox say
Answer:nenenesnene
Explanation:
Answer:
"Ring-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!"
"Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!"
!!!!MAJOR GRADE PLEASE HELP DUE TODAY!!!!!
Which of the following is a line of credit issued to customers to cover checks or debits exceeding the amount in their account?
Debt restructuring
O Cash flow budgeting
Automated teller machine
O Overdraft protection
Atlas Corp. is considering two mutually exclusive projects. Both require an initial investment of $11,500 at t = 0. Project S has an expected life of 2 years with after-tax cash inflows of $5,800 and $7,700 at the end of Years 1 and 2, respectively. Project L has an expected life of 4 years with after-tax cash inflows of $4,136 at the end of each of the next 4 years. Each project has a WACC of 9.25%, and Project S can be repeated with no changes in its cash flows. The controller prefers Project S, but the CFO prefers Project L. How much value will the firm gain or lose if Project L is selected over Project S, i.e., what is the value of NPVL- NPVS? a. $1,233.88 b. $732.85 c. $955.61 d. $1,472.71 e. $1,348.02
To determine the value gained or lost by selecting Project L over Project S, we need to calculate the net present value (NPV) of each project and then compare them. the value of NPVL - NPVS is approximately $885.43.
To clarify, the value in question refers to the difference in net present value (NPV) between Project L and Project S. In the previous calculation, the value of NPVL - NPVS was found to be approximately $885.43. This indicates that if Project L is chosen over Project S, the firm would gain an additional value of $885.43., the value is approximately $885.43. This means that the firm would gain $885.43 by choosing Project L instead of Project S.
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Define organizational culture and link how it is classified to
your organizational features (or one you are familiar with)
Organizational culture is the set of beliefs, values, norms, and practices that shape the way an organization operates and interacts with its stakeholders.
It is often referred to as the "personality" of the organization and can be classified into four main types: clan, adhocracy, market, and hierarchy.
Clan culture is characterized by a strong sense of family and collaboration among employees, with an emphasis on mentoring and nurturing.
Adhocracy culture values creativity, innovation, and risk-taking, with a focus on flexibility and adaptability.
Market culture is competitive and results-oriented, with a focus on achieving goals and maintaining a strong market position.
Hierarchy culture is structured and formal, with clear roles and responsibilities and an emphasis on efficiency and stability.
In my organization, the organizational culture we have is a strong clan culture. There is a sense of camaraderie and support among employees, and we often work together on projects and share ideas.
We also have a mentoring program in place to help new employees learn the ropes and develop their skills. This has helped to create a positive and productive work environment and has contributed to the success of the organization.
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How do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success, and consider also the reasons for any failures.
Explanation:
Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.
As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of market behavior.
IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.
HELP PLEASE!!!
Which of these are financial goals? Select the two correct answers.
1. Saving for college
2. Going shopping during sale season
3. Buying a new computer
4. Getting a credit card
5. Making a monthly deposit on your savings account
Financial goals are targeted objectives individuals set to attain specific desired financial outcomes.
Saving for college is a prime example, involving allocating funds for forthcoming educational expenses. Similarly, making recurring deposits into a savings account constitutes a financial goal, fostering savings growth for future needs like emergencies or investments.
In contrast, the other options—such as shopping during sales, purchasing a new computer, and obtaining a credit card—may involve transactions but lack the inherent long-term financial purpose of savings, investment, or fiscal stability that characterizes genuine financial goals.
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What are the two parts of the platform used to run application software? GUI and HCI hardware and operating system kernel and software configuration application base and operating system
Answer:
The answer is B
Explanation:
Answer:the answer is B hardware and operating system
Explanation:
Starting on the day Stephanie was born, her mother has invested $20 at the beginning of every month in a savings account that earns 2.40% compounded monthly.
a. How much did Stephanie have in this account on her 24th birthday? Assume that there was no deposit on that day.
Round to the nearest cent
b. What was her mother's total investment?
Round to the nearest cent
c. How much interest did the investment earn?
Round to the nearest cent
To solve this problem, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = Total amount after time t
P = Principal amount (initial deposit)
r = Annual interest rate (as a decimal)
n = Number of times interest is compounded per year
t = Number of years
Given:
Principal amount (P) = $20
Annual interest rate (r) = 2.40% = 0.024 (as a decimal)
Number of times compounded per year (n) = 12 (monthly compounding)
Number of years (t) = 24
a. To calculate the amount Stephanie had on her 24th birthday:
A = $20(1 + 0.024/12)^(12*24)
A ≈ $31.20
Stephanie had approximately $31.20 in her account on her 24th birthday.
b. To calculate her mother's total investment:
Total investment = Monthly deposit * Number of months
Total investment = $20 * 24
Total investment = $480
Her mother's total investment was $480.
c. To calculate the interest earned:
Interest earned = Total amount - Total investment
Interest earned = $31.20 - $480
Interest earned ≈ -$448.80
The investment earned approximately -$448.80, indicating that the investment did not earn any positive interest.
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prepare a business plan you look forward to achieving when you have your career(marine engineering). The career you are to write a business plan on is marine engineering
Answer:
A business plan that i look up to achieving is Marine Engineering Corps.I will have a business that works on fixing all types of boats.In order for me to have this business I have to have a Bachelor degree in Naval Architecture and Marine Engineering .The salaries of Marine Engineers in the US range from $17,061 to $458,998 , with a median salary of $82,737.I going to have this business so that I can help out he Marine Corps with their ships and boats.
Explanation: