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just olya [345]
2 years ago
4

Chaz wishes to have $1,000 in an account paying 7% simple interest per year in 2.5 years. How much must he invest today to have

the desired funds in 2.5 years?
Business
1 answer:
PtichkaEL [24]2 years ago
4 0

Answer:

$851.06

Explanation:

The computation of the principal is shown below:

As we know that

Amount = Principle + Simple interest

Amount = Principle + (Principle × Rate × time)

So,

Principal = Amount ÷ 1 + Rate  × time

               = $1,000 ÷ (1 + 0.07 × 2.5)

              = $1,000 ÷ 1.175

              = $851.06

We applied the amount and the simple interest formula

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Nation A builds a new highway next to citizens’ properties. In the months following, littering as well as several highway accide
nikitadnepr [17]

Answer:

the government's sovereign immunity

Explanation:

In the US, the federal and state governments have sovereign immunity which means that they cannot be sued unless they agree to it. In the US, the federal government waived their immunity protection from a series of possible torts through the Federal Tort Claims Act. But that law does not include litter or accidents occurring in highways.

Sovereign immunity basically states that the federal government cannot be sued for its actions unless those actions are included in the Federal Tort Claims Act. To be able to sue a state government other rules apply, specially regarding the circumstances around the reason for the claim.

7 0
2 years ago
Which of these statements demonstrate the economic concept of scarcity? check all that apply. all useful resources are limited i
Zigmanuir [339]
The following statements describe the economic concept of scarcity:
1. All useful resources are limited.
2.Resources are scarce which explain why we are willing to pay for them.
3. Because of scarcity, individuals must make choices.
In economics, scarcity is the study of how people attempt to satisfy their needs and wants by making choices. The principle of scarcity states that limited goods and services are available to meet unlimited wants.
7 0
2 years ago
Read 2 more answers
Sathre Corporation is an oil well service company that measures its output by the number of wells serviced. The company has prov
Andre45 [30]

Answer:

The "Employee salaries and wages" in the flexible budget for December is $85,200

Explanation:

To compute the employee salaries and wages in the flexible budget we have to use the formula which is given below:

=  (Fixed element of employee salaries and wages) + (variable element of  employee salaries and wages × number of wells service during the year)

= ($56,400) + ($900 × 32 wells)

= $56,400 + $28,800

= $85,200

Other information which is given in the question is irrelevant, thus it is not considered in the computation part.

Hence, The "Employee salaries and wages" in the flexible budget for December is $85,200

6 0
2 years ago
Dr. McCoy earns $51,233 teaching at the university. What is his weekly salary?
lesya692 [45]

Answer:

$985.25

Explanation:

The $51,233 is Dr. McCoy's annual salary; the total amount she earns in a year

We have about 52 weeks in a year

To determine the weekly salary, you will set up the equation like this;

<em>If 52 weeks = $51,233</em>

<em>then 1 week = ?</em>

Multiply 1 by $511,233 ; 1 * 51,233 =$51,233

Next, divide the above $51,233 by 52;

$51,233/ 52 = $985.25

Her weekly salary is therefore $985.25

3 0
2 years ago
When an organization has an annual ceremony to reward the past year’s outstanding employees, this ritual is a manifestation of t
Alinara [238K]

Answer:

Espoused value.

Explanation:

The espoused value can be defined as the values ​​expressed on behalf of the organization. For example, the set of practices and procedures adopted by employees of an organization that provide positive results and value for a company.

Therefore, when an organization holds a ceremony to reward outstanding employees of the year, it is manifesting and promoting in the organizational culture the maintenance of moral conduct and corporate values ​​necessary to maintain and enhance positive standards of conduct to achieve organizational success .

4 0
2 years ago
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