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2 years ago

Choose all that apply.

Business

2 answers:

marin [14]2 years ago

7 0

Late fee, interest rates, minimum balance, penalties and fees, annual percentage yield

WITCHER [35]2 years ago

6 0

Select each of the factors you should consider when selecting a savings account. Choose all that apply.

penalties and fees - this is something to take into account when opening a savings because there are penalties and fees that may be associated with a savings account. If there is too many transfers out of the account, too much money withdrawn there may be a penalty associated with it.

late fee - this is not a payment or credit card question, this is a savings account.

minimum balance - some banks require a minimum balance on a savings account

interest rates - different banks give interest back on the money in the account each month

interest thresholds - credit card

variable interest rates - credit card

annual percentage yield (APY) - credit card

APR - credit card

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Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Stan

Lady bird [3.3K]

Answer:

$10,400 Favorable

Explanation:

The computation of labor efficiency variance for June is shown below:-

For computing the labor efficiency variance for June first we need to find out the standard hours

Standard hours = 0.5 hours per unit × 3,100 units

= 1,550 hours

Now, we will put it into formula

Labor efficiency variance = (Standard hours - Actual hours) × Standard rate

= (1,550 - 510) × $10

= $10,400 Favorable

Therefore for computing the labor efficiency variance for June we simply applied the above formula.

7 0

2 years ago

If you put $700 in a savings account with a 10% nominal rate of interest compounded monthly, what will the investment be worth i

aksik [14]

<span>To find the compound interest of an investment you have to use this formula, A = P(1 + r/n)^nt, where A is the total amount you have after the investment period, P is the amount you invest or the amount you put in, r is the rate of the of the compound interest in this case 10%, n is the amount of time the interest will be compounded for example, 4 months a year(quarterly) or 6 months a year(semi annually), and t is the amount of time you invest in years. So in this case you are going to substitute everything in the formula with their given value. So P = $700, r = 10%, n = 21 (because it is the number of months we invest for), and t = 2 years (because 21 months fit perfectly in 2 years, and t must always be in years). The resulting formula will be A = $700(1 + 0.1/21)^(21 x 2), which will give you an answer of $855 rounded to the nearest dollar.</span>

8 0

2 years ago

The tax liability of a corporation with ordinary income of $105,000 is ________. Range of taxable income - Marginal rate $0 to $

zhannawk [14.2K]

Answer:

$24,199.02

Explanation:

corporation's ordinary income = $105,000

tax brackets taxable income tax rate taxed due

$0 - $50,000 $50,000 15% $7,500.00

$50,001 - $75,000 $24,999 25% $6,249.75‬

$75,001 - $100,000 $24,999 34% $8,499.66

$100,001 - $105,000 $4,999 39% $1,949.61

total taxes due $24,199.02

6 0

2 years ago

Oscar and Julia can both produce either bananas or coffee. Oscar can produce either 16 pounds of coffee and 0 pounds of bananas

Aneli [31]

Answer:

d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.

Explanation:

a)The opportunity cost of 1 lb. of bananas is 4 lbs. of coffee for Oscar.

In order to produce 64 pounds of banana, Oscar has to give up producing 16 pounds of coffee, his opportunity cost is:

$C= \frac{16}{64}= 0.25$

The statement is false.

b)Oscar has absolute advantage in the production of coffee.

Julia has a higher production capacity for coffee (20 pounds to 16 pounds) and therefore has the absolute advantage.

The statement is false.

c)Julia has comparative advantage in the production of bananas.

Julia has a higher opportunity cost for producing a pound of bananas (0.5 pounds of coffee to 0.25 pounds of coffee) and therefore does not have the comparative advantage.

The statement is false.

d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.

In order to produce 16 pounds of coffee, Oscar has to give up producing 64 pounds of banana, his opportunity cost is:

$C= \frac{64}{16}= 4$

The statement is true.

4 0

2 years ago

Suppose you win the lottery and have two options: A. Take $1 million now. B. Take $1.2 million to be paid out as 300,000 now and

laila [671]

Answer:

A. Take $1 million now.

Explanation:

A. If we take $1 million now the present value of the money is $1 million.

B. If we choose to take $1.2 million paid out over 3 years then present value will at 10% will be;

$300,000 + $300,000 / 1.2 + $300,000/ 1.44 + $300,000 / 1.728

$300,000 + $250,000 + $208,000+ $173,611 = $931,944

The present value of option B is less than present value of option A. We should select option A and take $1 million now.

4 0

2 years ago