Two brothers, Mark and Rick, each inherit $6000. Mark invests his inheritance in a savings account with an annual return of 2.5%, while Rick invests his inheritance in a CD paying 5.8% annually. How much more money than Mark does Rick have after 1 year?

Answers

Answer 1

Answer:

$198

Explanation:

Two brothers Mark and Rick each inherit $6,000

Mark invests his money in a savings account with an annual return of 2.5%

After one year the interest payment that will be received by Mark can be calculated as follows

= $6,000 × 2.5/100

= $6,000 × 0.025

= $150

Rick invests his portion of the money in a CD paying 5.8% annually

The amount of interest that will be received by Rick after one year can be calculated as follows

= $6,000 × 5.8/100

= $6,000 × 0.058

= $348

Therefore the amount of money that Rick has over Mark after a period of one year can be calculated as follows

= $348-$150

= $198

Hence Rick has $198 more than Mark after one year


Related Questions

An estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back the property. This kind of estate is a

Answers

Answer:

Fee simple defeasible.

Explanation:

When an estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back the property. This kind of estate is a fee simple defeasible.

A fee simple defeasible is a legal term used in real estate and it states the conditions that must be adhered to in the ownership of a property.

Fee simple defeasible ends the ownership or interest once a condition is violated.

In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian dollars. If the nominal exchange rate is 2 Australian dollars per Irish pound, what is the real exchange rate from the Irish perspective?

Answers

Answer:

.91 pints of irish beer per pint of Australian beer

Explanation:

As we know that

The exchange rate of

1 AUD = 0.5 pound

Now

In Ireland, 1 beer cost = 2.2 pound

And, in Australia, 1 beer cost = 4 AUD

As 1 AUD = 0.5 pound

so 4 AUD is

= 0.5 × 4

= 2

Now the exchange rate is

= 4 AUD beer cost ÷ 1 beer cost in Ireland

= 2 ÷ 2.2

= 0.91

hence, the real exchange rate is 0.91

"Which bond portfolio where all investment is made up front would be MOST negatively affected by a sharp rise in interest rates?"

Answers

Answer:

Explanation:

When an individual’s current money income exceeds his current consumption desires, hesaves the excess. Rather than keep these savings in his possession, the individual mayconsider it worthwhile to forego immediate possession of the money for a larger futureamount of consumption. This trade-off of present consumption for a higher level of futureconsumption is the essence of investment.An investment is the current commitment of funds for a period of time in order to derivea future flow of funds that will compensate the investor for the time value of money, theexpected rate of inflation over the life of the investment, and provide a premium for theuncertainty associated with this future flow of funds.2.Students in general tend to be borrowers because they are typically not employed so haveno income, but obviously consume and have expenses. The usual intent is to invest themoney borrowed in order to increase their future income stream from employment - i.e.,students expect to receive a better job and higher income due to their investment ineducation.3.In the 20-30 year segment an individual would tend to be a net borrower since he is in arelatively low-income bracket and has several expenditures - automobile, durable goods,etc. In the 30-40 segment again the individual would likely dissave, or borrow, since hisexpenditures would increase with the advent of family life, and conceivably, the purchaseof a house.In the 40-50 segment, the individual would probably be a saver since incomewould have increased substantially with no increase in expenditures. Between the ages of50 and 60 the individual would typically be a strong saver since income would continueto increase and by now the couple would be “empty-nesters.”After this, depending uponwhen the individual retires, the individual would probably be a dissaver as incomedecreases (transition from regular income to income from a pension).4.The saving-borrowing pattern would vary by profession to the extent that compensationpatterns vary by profession. For most white-collar professions (e.g., lawyers) incomewould tend to increase with age. Thus, lawyers would tend to be borrowers in the earlysegments (when income is low) and savers later in life. Alternatively, blue-collarprofessions (e.g., plumbers), where skill is often physical, compensation tends to remainconstant or decline with age. Thus, plumbers would tend to be savers in the earlysegments and dissavers later (when their income declines).5.The difference is because of the definition and measurement of return. In the case of theWSJ, they are only referring to the current dividend yield on common stocks versus thepromised yield on bonds. In the University of Chicago studies, they are talking about thetotal rate of return on common stocks, which is the dividend yield plus the capital gain or

Investments consist of treasury bills that were purchased in November, 2018 and mature in January, 2019. Prepaid insurance is for two years. What amount should be included in the current asset section of Janson's December 31, 2018, balance sheet

Answers

Answer:

Note

This is an incomplete question and the missing part is stated below.

Jason's corporation co trial balance include the following account balances at December 31,2018.

Account receivable : 13,800

Inventory : 40,000

Patent : 13,000

Investment :30,500

Prepaid insurance : 7,900

Note receivable , due 2021 :50,600

Explanation:

Current assets are assets that are reasonably expected to sold or consumed through normal business operation within an operating cycle(within a year)

Looking at the balances given in the question , the current asset balances are

Account receivable (payment are expected within a year ) - 13,800

Inventory (expected to be utilized during regular operation) -40,000

Investment ( turnover expected within a year )- 30,500

The portion of prepaid insurance meant for immediate next year - 7900/2 ,3950

Total current asset = 13,800+40,000+30,500+3950 =88,250

the goal of information management is to identify information requirements for various levels​

Answers

Answer:

Yes, that is the reason

An _________________ is calculated by subtracting the firm's costs from its total revenues, _______________________. *

Answers

Answer:

A. accounting profit; excluding opportunity cost

Explanation:

here are the options to this question :

A. accounting profit; excluding opportunity cost

B. accounting profit; including opportunity cost

C. economic profit; excluding opportunity cost

D. opportunity cost; including economic profit

Accounting profit is total revenue less total explicit cost.

Revenue = price x quantity sold

explicit cost is the cost actually incurred in carrying out a particular activity e.g. wages, rent

Economic profit is accounting profit less opportunity cost.

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

"Issues such as marketing’s position and authority in a firm’s hierarchy, the customer orientation of the firm, and the emphasis on short- or long-term planning are examples of which component of the internal environment?"

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

A) Resource availability .

B) Organizational structure.

C) Marketing objectives .

D) Marketing infrastructure .

E) Marketing strategy.

And the correct answer is the option B: Organizational Structure.

Explanation:

To begin with, the name of "Organizational Structure", in the field of business, refers basically to the way that the organization is going be managed by its managers, employees and owners. Therefore that this concept is internal and it comprehends the position that a departament as marketing may have in the hierarchy of the company and also the emphasis on short or long term planning because that will be the primary focus on which the organization will have to direct the resources to accomplish the goals.

The part of supply chain management that plans, implements, and controls the flow of goods, services, and information between the point of origin and the final consumer is called

Answers

Answer:

Logistics

Explanation:

Logistics is the part of supply chain management that plans, implements, and controls the flow of goods, services, and information between the point of origin and the final consumer. The main objective of logistics is to minimize the use of resources. It is an organizational function which shares responsibilities with Marketing and Production.

Which term describes the ability of a firm/industry, under free and fair market conditions, to design, produce, and market goods and services that are better and/or cheaper than those of other firms/industries

Answers

Answer:

Competitiveness.

Explanation:

Competitiveness can be defined as a term which describes the ability of a firm or industry, under free and fair market conditions, to design, produce, and market goods and services that are better and/or cheaper than those of other firms or industries.

It is simply a characteristic which give firms the ability to perform better than their rivals in the provision of goods and services in a market.

In community nutrition, market segmentation is dividing a community into distinct groups of individuals on the basis of needs, characteristics, or behavior who might require separate services. These include(s):

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

A) Age

B) Geographical location

C) Attitudes

D) Income

E) All of the above

And the correct answer is the option E: All of the above.

Explanation:

To begin with, as it said, the marketing segmentation refers to the process of putting the individuals who are similar in certain characteristics together in order to provide an specific product for them and to understand them better with the purpose of satisfiying their needs. Therefore that in this process there are several options when it comes to do the segmentation and choose the characteristics the manager wants to use for separating the individuals. That includes, age, geographical location, attitudes, income and more.

Before putting in an order for the required materials needed, Jessie measured and re-measured to make sure her numbers were correct. To do so, she used her knowledge of finances and budgeting. knowledge of math skills. knowledge of shipping regulations. knowledge of leadership skills.

Answers

Answer:

knowledge of math skills.

Explanation:

Analyzing the above question, it can be considered that Jessie used her knowledge of math skills, because before she placed an order for the necessary materials, she measured and measured again to make sure her numbers were correct, so she could only check the numbers and the veracity of your measurements, if you have mathematical knowledge.

It follows that Jessie has knowledge and skills in mathematics, for having information learned about mathematics, and skills for knowing how to apply her knowledge, as demonstrated in the question.

Answer:

knowledge of math skills

Explanation:

She is using math for calculations

An individual used Maslow’s work as the basis for his own work defining two different types of managers. Who is it?

Answers

Answer:

Douglas McGregor

Explanation:

Douglas MacGregor is widely known for his theories termed as Theory "X and Theory " Y". In his attempt to derive at this theory, he utilized Maslow’s work as the basis for his own work defining two different types of managers.

Douglas MacGregor is also considered as a social psychologist who focused on management in business-related issues.

Hence, the right answer is Douglas MacGregor

A leftward shift in the supply curve for a good may be caused by any of the following except A. consumer expectation of an increase in their future income. B. an increase in the wage paid to labor. C. a decrease in the number of firms in the industry. D.

Answers

Answer: A. consumer expectation of an increase in their future income.

Explanation:

The supply curve is simply a graph that shows the relationship that is between the price of a particular good and the amount of quantity that is supplied.

A leftward shift in the supply curve for a good simply means that less of that good is supplied. All tye options will cause less of the goods to be supplied except consumer expectation of an increase in their future income.

Answer:

A. consumer expectation of an increase in their future income.

Explanation:

Supply is the quantity of a good that can be supplied by a producer to meet demand at a given time.

A left shift in supply means that there is a reduction in amount supplied at all prices.

This is caused by an increase in cost of materials used for producing goods.

A left shift can be caused by an increase in wages paid to workers. This means cost of production has increased so price per unit will increase and less will be supplied.

A decrease in number of firms will reduce the ability of suppliers to meet demand. Supply will reduce.

Anticipation of an increase in consumer income however will not lead to shift in supply to the left. Since this does not affect cost of supply

The following data are for Lily Kay Company. Total sales revenue $250,000 Number of units sold 50,000 units Contribution margin per unit $3.50 Fixed costs $100,000 Calculate the number of units that must be sold to generate net income of $80,000.

Answers

Answer:

the number of units that generated net income is 51,429 units

Explanation:

The computation of the number of units that generated net income is shown below:

Here we have to find the break even point i.e. shown below:

= (Net income + fixed cost) ÷ (contribution margin per unit)

= ($80,000 + $100,000) ÷ ($3.50)

= 51,429 units

hence, the number of units that generated net income is 51,429 units and the same is to be considered

If you decide to buy one of these​ TVs, what statistic is most​ relevant, other than the measures of central​ tendency? Choose the best answer below.

A. The lowest price is a relevant statistic for someone planning to buy one of the TVs.

B. The highest price is a relevant statistic for someone planning to buy one of the TVs.

C. The difference between the lowest price and the highest price is a relevant statistic for someone planning to buy one of the TVs.

D. The price that occurs least frequently is a relevant statistic for someone planning to buy one of the TV

Answers

Answer:

A. The lowest price is a relevant statistic for someone planning to buy one of the TVs.

Explanation:

The measures of central tendency refers to the measurement of data by considering the mean, median and mode so that it could estimate the sample data based on this measures

In order to decide to buy one of these TV the statistic that is should be considered and ignore the central tendancy measures is the price that is lesser to buy one of the TVs.

hence, the correct option is A.

What type of questions can be answered with economic tools without interjecting any value judgment as to whether the particular outcome is desirable or harmful

Answers

Answer:

Positive questions.

Explanation:

Positive questions is a type of questions that can be answered with economic tools without interjecting any value judgment as to whether the particular outcome is desirable or harmful.

Hence, positive questions in economics are primarily fact based and objective, thus the statements (questions) are descriptive, concise, clearly measurable, precise and without any value judgment.

For instance, asking if education trust funds by the government increases public expenditures is an example of a positive question.

"In corporate underwritings, if there are unfilled orders placed by a syndicate member that has completed its participation; and securities remain unsold in the syndicate account; then these orders will be filled and the syndicate member placing the order will earn the:"

Answers

Answer:

B. selling concession

Explanation:

Since in the question it is mentioned that if there are orders that are not filled and placed by syndicate member also the securities are not sold so the orders could be filled or sold and the member of syndicate placed the order so he earned the concession as he sold the securities of the syndicate

Therefore it is a selling concession situation

Hence, the correct option is B. selling concession

A(n) __________ is an economic structure in which a few very large, very powerful, and very rich owners control an industry or collection of related industries

Answers

Answer:

I guess the answer to the question is capitalist economy

Once values and ethical standards have been formally adopted, a company must …….. A. require every employee to memorize the company's formal statement of core values and code of ethics. B. make it unequivocally clear that the company's core values and ethical standards are strictly enforced cultural norms. C. rely only on word-of-mouth indoctrination and company tradition to instill values and ethical conduct. D. grant compensation increases and promotions only to those managers who are willing to act as evangelists for the company's core values and ethical standards. E. hold periodic ceremonies to vilify employees that do not live up to the company's core values or who are found guilty of violating the company's code of ethics

Answers

Answer:

B. make it unequivocally clear that the company's core values and ethical standards are strictly enforced cultural norms.

Explanation:

Once values and ethical standards have been formally adopted, a company must make it unequivocally clear that the company's core values and ethical standards are strictly enforced cultural norms.

This ultimately implies that, when an organization has developed its policy which normally connotes its values and ethical standards, it is very important and essential that it communicates succinctly to its employees they must abide by this policy and must be strongly adopted and adhered to by them.

Which one of the following is most often NOT a common trait of an unhealthy company culture? A. a politicized internal environment and empire-building managers who jealously guard their turf B. hostility to change and a wariness of people who champion new ways of doing things C. an aversion to looking outside the company for best practices, new managerial approaches, and innovative ideas D. an aversion to incentive compensation and overemphasis on working in teams E. overzealous pursuit of wealth and status on the part of key executives

Answers

Answer: D. an aversion to incentive compensation and overemphasis on working in teams

Explanation:

Company culture is simply the attitudes, goals, practices and the shared values that a company has. characterize an organization. The culture of a company makes it standout from its rivals.

Out of the options given in the question, the one that's not a common trait of an unhealthy company culture is

an aversion to incentive compensation and overemphasis on working in teams.

Lynn Roy has decided to take retirement from her job and use the time she has gained to travel around the world. She has decided to start her trip around the world in Europe by train and bus and will use her savings to pay for her trip. Which step in the financial planning process does this scenario demonstrate

Answers

Answer:

implementing her financial plan

Explanation:

According to the given situation, Lynn Roy has a plan that she will take a trip to  Europe, in this case, retires and travels all over the world.

For doing that, she needs to look at her savings which she saves while doing a job and see if she can make that financially. If she is, she can draw up and implement a plan, meaning, start using it.

Therefore according to the above explanation the correct the answer is implementing her financial plan

what is an everyday example of scarcity that demonstrates why scarcity is a basic economic problem that faces society?

Answers

of every day scarcity could it be how the desert doesn't really have water so the desert has a scarcity of water scarcity is a basic economic problem that Society faces because the world sometimes runs out of things that we need so certain people have to make loopholes to get to get around them another example is how during the coronavirus we had a scarcity of sanitizer Clorox wipes bleach and toilet paper

‘An enterprise may capture value through either innovation leadership or innovation followership'. Discuss this statement with the help of one example each for innovation leadership and innovation followership.

Answers

Explanation:

This statement is true, due to the fact that a company to stand out in the market must have a strategy that guarantees significant advantages over its competitors, that is, the company must be prepared to have its own identity in the market that gives it value, what can be achieved through innovation.

An example of innovation leadership and followers of innovation is the case of entrepreneur Jeff Bezos, founder of Amazon, a pioneer in internet sales. It can be said that through the innovative vision that Jeff Bezos has, he managed to found a company that sold books online in 1994, a time when the internet was not so widespread and few people had access. Therefore, Bezos, through leadership in innovation, transformed his company into an empire with several different businesses, always following technological changes and people's behaviors, to always follow market innovations and keeping his company always competitive, being a world technology giant.

The sign on the wall of The Health Hut reads, "We want to provide our customers with the freshest and healthiest of foods so that they can live life to the fullest." This sign reflects the:

Answers

Answer: mission statement

Explanation:

The statement We want to provide our customers with the freshest and healthiest of foods so that they can live life to the fullest." is referred to as the mission statement.

A mission statement is simply a short statement that describes the reason for the existence of an organization, the overall goal of the organization, the kind of goods or service the organization offers, the organization's primary customers and also its location.

Chinese​ private-sector wages rose 14 percent in 2012. this trend in rapidly rising wage rates might hurt its manufacturing dominance. ​source: wall street journal​, may​ 17, 2013 explain the effect of the rising wage rates on the supply of manufactured goods. rising wage rates​ ________ .

Answers

Answer:

Wages in china might have risen 14% in 2012 and probably continued to rise since then, but they are very low compared to western countries, which allowed them to become a manufacturing center, But at the same time, Chinese wages are very high compared to the wages in other southern Asian countries, specially India, Indonesia, Thailand, Vietnam, which are also considered manufacturing centers.

In countries with large and very poor populations, low wages represent low production costs. As wages increase, there will be a gap between western countries and China, but there will also be a gap between China and other Asian countries. As manufacturing costs increase in one country, many factories will be moved to other countries with lower manufacturing costs.

Answer:

Rising wage rates​ increase the cost of production​ and, with no change in​ productivity, China's supply of manufactured goods will decrease

Explanation:

Rising wage rates increase the cost of production​ and, with no change in​ productivity, China's supply of manufactured goods will decrease.

Your coworker spends most of her day C going out the best way to promote the products your company produces your co worker works in the ____ department

Answers

Answer:

B.Marketing

Explanation:

Hope this helps

Super Sleep Hotel is a single hotel with 150 rooms. During the month of September, the hotel had 3,375 guests, who each stayed a single night. What is the occupancy rate for September?

Answers

Answer:

75%

Explanation:

For the computation of occupancy rate for September first we need to determine the total availability of rooms is shown below:-

Total availability of rooms = Number of days in September × Number of room

= 30 × 150

= 4,500

Now,

Occupancy rate = Number of guest ÷ Total availability of rooms

= 3,375 ÷ 4,500

= 0.75

or

= 75%

Therefore for computing the occupancy rate we simply applied the above formula.

An Insured has a $500 deductible with a 20% coinsurance provision. If the Insured has a $10,000 accident claim, the Insured will be responsible for how much of the claim

Answers

Answer: $2,400

Explanation:

The insured will pay the $500 deductible so that reduces the amount to $9,500.

The Insured has a 20% coinsurance provision so will pay 20% of what is left;

= 9,500 * 20%

= $1,900

Total Insured will pay = 500 + 1,900

= $2,400

Which of the following is not an important factor on decision making

A. Family
B.Stress
C.Environment
D.Time

Answers

Answer:

The answer is BBBBBBBB(stress) !!!!!!! I took the test the answer is not A.

The factor that is not important factor in decision making is B.Stress.

What is decision-making?

Decision making serves as the process of making choices through the identification of a decision and gathering of information.

Therefore, when making decisions, the environment and time should be considered so as to assess alternative and make resolutions.

Learn more about Decision making at;

https://brainly.com/question/25870371

#SPJ2

Without _____, businesses would find it difficult, if not impossible, to buy more raw materials, hire more employees, attract more capital, and create additional products that, in turn, make more profits

Answers

Answer:

High prices

Explanation:

High prices are a term that describes the expensive value of products in comparison with other similar products or the raw materials used in the production. However, with the increase in the price of a product, the quantity supplied increases as well. This will result in the following:

1. High profits

2. Attraction to create additional products.

3. Increased revenues

4. More capacity of companies to buy more raw materials

5. Capacity to employ more worker

Hence, the right answer is HIGH PRICES

Other Questions
What physical properties help us identify and classify materials? Is "What is the area of the floor in this classroom?" a statistical question? There are many different kinds of dogs. Some dogs are many kinds in one. These dogs are called mutts. Sometimes people want to know what kind of dog they have. So, they get their dog tested. There are two kinds of tests. One is done at home and then mailed away. The other is done by the vet. Both let people know what kind of dog they have. Do It! The tests help people _________ more. Press enter to interact with the item, and press tab button or down arrow until reaching the Submit button once the item is selected A learn B listen C talk D feel what number sets or set does -5 belong to? helpppppppppppppppppp Lizbeth runs from 14:40 until 15:30 pm at anaverage speed of 7 km/h. How far did she go? What are the angles in a 30- 60- 90 triangle after it is rotated 45?Group of answer choices75-105-13530-60-90None of the above45-45-90 ATP is produced by cellular respiration in your human body cells. There are a variety of enzymes that work to produce ATP, but one of those enzymes is called phosphofructokinase-1. This enzyme is sensitive to blood acidity. Blood can become more acidic if a patient is in respiratory distress. Which of the following is a way that ACSAs are different from FMS arrangements?1) ACSA's are paid for exclusively by the United States2) ACSAs are used to increase inventories3) ACSAs are used for routine requests for U.S defense articles and service4) ACSA are not to be used as routine source of supply to a foreign country When Maximus' wife of 60 years died, he found comfort in performing simple daily tasks that had previously been his wife's "duty" in their marriage. This is an example of: What are some examples of early human tribes? Kevin is looking for a job as a graphic designer. One ad lists a job that pays 64.6K. Another job he found has a weekly salary of $1,120. What is the difference in the weekly salaries of these two jobs? Round to the nearest dollar. What is 2,440 divided by 8 can you show your work please? Water flows over Niagara Falls at the average rate of 2,400,000 kg/s, and the average height of the falls is about 50 m. Knowing that the gravitational potential energy of falling water per second = mass (kg) height (m) gravity (9.8 m/s2), what is the power of Niagara Falls? How many 15 W LED light bulbs could it power? A _____ is a broad group of people or organizations that has wants and needs that can be satisfied by a general product category, has the ability to purchase the product and is willing to exchange resources for the product. An example would be all the families with new babies who need to buy a crib, have the money for a crib and are willing to spend the money necessary to buy a crib. Edom felt secure because:It was protected by the mountains.It had a strong military.It had accumulated great wealth. To understand how the U.S. Navy currently responds to new missions, threats, tactics, and technologies, its important to understand ______________. A freezer was sold during a clearance sale sale for $387.50. If the freezer was sold at a discount of 50/3%, what was the list price? In four to five sentences, explain what some of the consequences might be if people in authority were not bound by certain rules governing their behavior. In the current business climate, firms may want to consider evaluating performance more often because