Answer:
How much do you make in interest in a year?
<u>$ 1100</u>
How much would you need to have made for your spending power to keep up with inflation in that year?
<u>$ 1782
</u>
How much buying power did you lose in that year because of inflation?
<u>$ 682
</u>
Explanation:
Your interest formula is given to you.
Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring)
Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100
How much would you need to have made for your spending power to keep with inflation? Your interest rate would have needed to match the inflation rate, otherwise prices are going up faster than you're saving.
Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782
How much buying power did you lose? The difference between your required interest and your actual interest.
Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power.
Hope that helped :)
<span>At downtown market, napkins price per
piece is $2.29/300 or 0.76 cents per piece. At super save, it is $1.49/200 or 0.74
cents per piece. Super save has a better buy for napkins because napkin’s price per piece is lower. </span>
Answer:
A. Where customers can see them.
Explanation:
Food Code is a rule that ensures public health safety and protection concerning food sold by retail outlets. The code gaurd against the adultration of food and shows the acceptable standard required from food retail outlets, so that patronisers health is secured.
The charts with the food code 3-401 should be placed where customers can see them to create awareness and make them to understand the level of what is expected from a food outlet. This would convince them that the food is prepared under healthy conditions.
Answer:
The answer is below
Explanation:
EVM uses Cost, Scope and time to characterize the achievement of a task. The expense of undertaking is the measure of cash spent to convey the task. The cutoff time for conveyance is the hour of the venture and degree is the characteristics, highlights and advantages of the task as wanted by the client.
The specialty of adjusting these three limitations characterizes the execution achievement and nature of the venture. Any one factor has sway on the other. For instance on the off chance that the expense of the venture is diminished or expanded, at that point either a portion of the highlights of the undertaking will be diminished or expanded accordingly bringing about decline or increment of advantages to the client. The decline in cost in this manner influences scope which thus impacts the hour of the undertaking. With each element or advantage expanded or diminished, the time will likewise increment or decline. Not just that even the enlisting of individual will influence these three requirements. Increment in cost may permit decline in the extension and decrease of groups at work, in this way increment in time.
EVM investigates just three parts of time, cost and scope and doesn't trouble much about the chances, dangers and bottlenecks, quality or significance of different task groups. Cruel the truth is that venture administrators consider just expense and time as the fundamental requirements and extension has shocked sheet. This is basically because of the way that undertaking administrators can best gauge two imperatives one after another. The triple imperatives will make the best parity gave that effect of any adjustment in these three limitations is surely known and conveyed to the partners with the goal that quality which should be prime target can be acquired.
The merits and demerits of EVM are attached
Answer:
The answer is c) Physical-asset specificity
Explanation:
The asset specificity is defined as the degree in the investments made to support a need to have a higher value than they would have if they are redistributed for any other purpose. They are non-redistributable physical and human investments that are specialized and exclusive for a task. In the example of the exercise, employee training is a specific investment of assets, since it is more likely that your investment will have the same profitability in the management of software and hardware provided by ADP.
