Consider a good with external costs. When the market equilibrium quantity is differe with the allocatively efficient quantity, these quantities will be produced by the private market, but the government can eliminate these quantities from production using a tax, resulting in higher economic efficiency (D).
Allocational efficiency or allocative efficiency is a characteristic of an efficient market where all capital is utilized in a way that is most beneficial to all the parties involved. Allocative efficiency represents an optimal distribution of products to consumers in an economy and an optiomal distribution of financial capital to firms among investors.
Allocative efficiency happens when all parties in a market are able to use the available data accurately and readily to make decision about how to utilize their resources. Allocative efficiency is located at an output level where the price equals the marginal cost (MC) of production. In this condition, consumers are willing to pay the price that they believe is equal to the marginal utility (MU) they get.
Market equilibrium is achieved whe a certain amount of the individual commodity provides maximum satisfaction to society. Meanwhile allocative efficiency occures when the products produced close to the quantity desired by society.
To make sure the market equilibrium quantity and the Allocatively efficient quantity meet at the same point, the government could generate tax to eliminate these quantities of product desired. The private sector will be responsible to produce the desired products. The tax implemented by the government will decrease the quantity of products desired by society hence help the economy reach higher efficiency.
Learn more about Allocative Efficiency here: https://brainly.com/question/29316436
#SPJ4
Jamal silk screens promotional posters for local bands in Atlanta. Jamal can choose three different silk screen machines: the Series T800 machine, the T850 machine, or the T1000 machine. Each machine allows him to produce more posters per day. The costs of printing promotional posters using the three machines are detailed in the three tables below.
a. If Jamal expects that on average bands will order 600 promotional posters per concert, which silk screen machine should he order to minimize his average cost of production?
(Click to select)T800 machine T850 machine T1000 machine
b. If Jamal expects that on average bands will order 900 promotional posters per concert, which silk screen machine should he order to minimize his average cost of production?
(Click to select) T800 machine T850 machine T1000 machine
c. If Jamal expects that on average bands will order 300 promotional posters per concert, which silk screen machine should he order to minimize his average cost of production?
(Click to select)T800 machine T850 machine T1000 machine
T850 system if Jamal expects that on average bands will order 300 promotional posters in step with concert silk display screen device should he order to reduce his common price of manufacturing .T800 system T850 system T1000 device.
The pores and skin peel away extra without difficulty and is more regenerative. It also possesses subroutines on simple human psychology and behavior in its programming. The T-850 is barely stronger and quicker than its predecessor.
After terminating John Connor, it started out a rampage in home Plate earlier than it was taken down by using fashionable Kate Connor and her group with electric projectiles that overload its machine.
Learn more about the T850 system here
https://brainly.com/question/26477014
#SPJ4
what is the result of an increase in aggregate demand that occurs along the short-run aggregate supply curve where the price level does not rise?
Answer:
Real output rises by the full extent of the multiplier.
Hope it helped! :)
One way that firms in a monopolistic competition engage in nonprice competition is through
a
fixed costs
b
variable costs
c
advertising
d
production
One way that firms in a monopolistic competition engage in nonprice competition is through advertising. (option c)
What is a monopolistic competition?A monopolistic competition is when there are many firms operating in an industry that sell identical goods which are not perfect substitutes for each other.
A monopolistic competition has characteristics of both a monopoly and a perfect competition. There is perfect entry and exit of firms in a monopolistic competition.
One of the ways monopolistic firms engage in non-price competition is through advertisement to attract customers. An example of monopolistic industry are restaurants. All restaurants sell food but there are differences in the type and quality of food being sold.
To learn more about monopolistic competition, please check: https://brainly.com/question/21052250
#SPJ1
according to a review of studies with over 300,000 participants, those with strong social connections have a (fill in the bank) greater chance of survival when compared with those who are lonely.
According to a review of studies with over 300,000 participants, those with strong social connections have a 50% greater chance of survival when compared with those who are lonely.
What does social connections mean?Basically, a social connections means the relationships a person have with the people around you. These people may be close like family, friends, co-workers or more distant like people you know casually. They can as well be as close as next door or so far away that you only connect with them by telephone or through the Internet.
The network of people's relationships may be big or small. 1 or 2 of close family members or friends may be all you need to feel supported and valued. Whether people's circle is big or small, the important thing is that you are there for each other.
Read more about social connections
brainly.com/question/28044342
#SPJ1
when a firm's average total cost falls as its output increases, the firm is experiencing group of answer choices decreasing marginal returns. decreasing cost of marginal returns. diseconomies of scale. economies of scale. constant returns to scale.
When a firm's average total cost falls as its output increases, the firm is experiencing decreasing marginal returns.
The sum of all production expenses divided by the entire amount of output is known as the average total cost. In other words, the average cost is the sum of all fixed and variable expenses divided by the total number of units the company produces.
Both fixed and variable costs are included in the total cost of an organization. An indicator of a company's profitability that may be calculated is the average cost. The link between the production and sales costs of a unit and the price it sells for is represented by the average cost.
To know more about Average Total Cost here
https://brainly.com/question/15289351
#SPJ4
firms would want to second-degree price discriminate, rather than not price discriminate, in order to: multiple choice increase profits. decrease revenues. increase demand. decrease prices. b. which of the following statements explain why second-degree price discrimination works? instructions: you must make a selection for each option. click once to place a check mark for correct answers and click twice to empty the box for wrong answers. check all that apply the law of demand states that as the price of a good decreases, the quantity demanded increases.unanswered the law of supply states that as the price of a good increases, the quantity supplied increases.unanswered the marginal revenue of a product will increase as production increases.unanswered the average total cost of production typically decreases as output increases.unanswered
Firms would want to second-degree price discriminate, rather than not price discriminate, in order to increase demand (third option).The reason that second-degree price discrimination works is the law of demand. (first option) and the total cost of production typically decreases as output increases (fourth option)
What is pricing discrimination on a second degree?When a product is supplied to customers in several marketplaces at various rates, this practice is known as price discrimination. Second-degree pricing discrimination occurs when a business charges various amounts depending on the volume of merchandise purchased.
Giving discounts for large purchases, for instance. Increased demand for a good or service is the goal of second degree price discrimination. Conditions for effective pricing discrimination
1. The company must have market dominance. If the business tried to price discriminate without having market power, they would lose clients.
2. The firm's product demand must vary in elasticity across different marketplaces.
3. The business needs to be able to divide up the market for its goods. For additional information about price discrimination,
To learn more about price discrimination, please check: https://brainly.com/question/25818680
#SPJ1
davis corporation reported the following financial data for one of its divisions for the year; average assets of $545,000; sales of $1,155,000; and income of $135,000. the investment turnover is
Davis Corporation's investment turnover would be $2.12k.
What is meant by the phrase turnover?How quickly a firm operates its operations is determined by the accounting concept of turnover. The most common way to gauge how quickly a company sells its merchandise or collects money from accounts receivable is through turnover.
What do turnover and profit mean?After deducting all expenses, both variable and fixed, profit is the amount of turnover that is left over. The pure profit a business makes from its sales is referred to as turnover, often known as net sales. The main differences between turnover and profit include their context, forms, and applications.
Learn more about turnovers here:
brainly.com/question/29214829
#SPJ4
TRUE/FALSE. a business model outlines how the organization, or the ec project, will generate revenue through sales, transaction fees, advertising fees, affiliate fees, or other revenue sources.
FALSE :Business Model lists any estimated costs as well as the goods or services the company intends to sell, as well as its chosen target clientele. Both new and existing businesses need strong business models.
What is a business model?
A company's primary method of conducting business profitably is called a business model. Models typically include details such as the goods or services the company intends to sell, its market segments, and any projected costs.
Pricing and costs are a company model's two driving forces.As an investor, take into account whether the product being offered meets a genuine demand in the market while assessing a business plan.Types of business models
RetailerManufacturerAffiliateSubscriptionFree-for- serviceFreemiumBandling, etc.Read more about business model
https://brainly.com/question/24448358
#SPJ4
a is a document, service, hardware, or software that must be finished and delivered by a certain date and time to maintain the project schedule
Deliverable a is a document, service, hardware, or software that must be finished and delivered by a certain date and time to maintain the project schedule.
What Is a Project Deliverable?
Deliverables are essentially the products of project activities, which are produced by projects. The size and quantity of project deliverables can vary depending on the project. During the project planning phase, the project management team and stakeholders come to an agreement on them.
There are inputs and outputs in every project type, to put it another way. In other words, this is what goes into the project—data, resources, etc.—and what comes out—the deliverables. These deliverables, once more, differ substantially. For instance, a project deliverable could be a good or service, or it could be the paperwork needed to finish the project.
To know more about Project Deliverable, refer:
https://brainly.com/question/13342236
#SPJ4
A product positioned strategy: a. Places warehouses close to the sources of supply b. Places warehouses close to customers c. Places warehouses midway between the sources of supply and the customers d. None of these choices are correc
Places warehouses close to the sources of supply is included in A product positioning strategy. Thus, option A is correct.
What is Product positioning?Product positioning is a tactical effort than identifies the market niche for the item or brand and explains why it would be superior to competing offerings. The objective is to identify your target market, their needs, and just how unique products can specifically meet those needs. Every marketing narrative is built on the placement of their products.
The process of establishing a new device's placement in consumers' eyes is a marketing strategy. This was given to ensure that the distance between the supply and the warehouse will be reduced.
It will save them time and create efficiency. Also, the transportation cost will be reduced with the help of Product positioning. Therefore, option A is the correct option.
Learn more about Product , here:
https://brainly.com/question/23033299
#SPJ1
The table shows the cost and revenue information for a perfectly (or purely) competitive firm that produces external hard drives. Use whole numbers to answer the six questions. Quantity (units) fixed cost ($) variable cost ($) total revenue ($) 10 100 36 1,000 11 100 74 1,100 12 100 145 1,200 13 100 202 1,300 14 100 300 1,400 15 100 435 1,500 16 100 588 1,600 17 100 774 1,700 what is the marginal revenue received from the 11th unit? $ what is the marginal cost of producing the 11th unit?
Marginal Revenue is $100 and Marginal cost is $38 producing the 11th unit.
What is marginal revenue?The increase in income that occurs from the sale of one more unit of production is referred to as marginal revenue. While marginal income can remain constant over a given amount of output, the law of diminishing returns dictates that it will ultimately slow down as output level grows.A company can assess its marginal revenue to estimate its profitability level based on the extra units of product sold. As a result, a corporation intending to maximize profits must increase output to the point where marginal revenue equals marginal cost.The marginal cost is the rise in production costs caused by the manufacture of more product units.Marginal Revenue = ∆TR / ∆Q
MR = ($1,100 - $1,000) / (11 - 10) = ($100 / 1) = $100.
Marginal cost = ∆TC / ∆Q
MC = ($174 - $136) / (11 - 10) = $38
To learn more about marginal revenue refer,
https://brainly.com/question/13444663
#SPJ4
knowing that economic growth works best in a stable and market-oriented economic climate, why might high-income countries utilize monetary policy?
High-income countries utilize monetary policy To keep inflation low in order and to reduce the danger of currency volatility
A central bank implements monetary policy to maintain a stable economy, keep unemployment low, safeguard the value of the currency, and promote economic growth. A central bank influences borrowing, spending, and savings rates through adjusting interest rates or reserve requirements, or by conducting open market operations.What function does monetary policy play in economic development?
Monetary policy is viewed as part of economic planning and tactics to create an environment conducive to economic progress and the general welfare of the population.
The effects of interest rates on GDP growth, investment, and inflation are commonly used to assess the success of monetary policy.
to learn more about monetary policy, click the links
https://brainly.com/question/28199887
#SPJ4
A process cost summary is a managerial accounting report that describes all but which of the following:
a)The gross profit earned on the sale of products.
b)The equivalent units of production by the department.
c)How the costs were assigned to the output.
d)Physical transfers for a department.
e)The costs charged to a department.
A process cost summary is a managerial accounting report that consist of all the activities given here except the gross-profit earned on the sale of products.
What is process cost summary?A process cost summary is a statement that precisely presenting the detailed analysis of a several processes cost incurred in producing a product, starting from the point of procurement of raw material, conversion processes & up to the end point where final product manufactured.
Further this statement shows flow of cost incurred products from purchasing stage, work in progress stage, units in normal loss, unit in abnormal loss and finally no. of units transferred to the finished goods control ledger account.
Therefore gross profit computed in trading account and not shown in process cost summary.
To know more about process cost summary refer:
https://brainly.com/question/26324698
#SPJ1
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during Its first four months of operations. (FV of $1, PV of $1. FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.): 1 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar pald $100,000 In cash for the property. According to appraisals, the land had a fair value of $75,000 and the building had a fair value of $45,000. 12. On September 1, Tristar signed a $40,000 noninterest-bearing note to purchase equipment. The $40,000 payment is due on September 1, 2022. Assume that 8% is a reasonable Interest rate. 3. On September 15, a truck was donated to the corporation. Similar trucks were selling for $2,500. 4. On September 18, the company pald Its lawyer $3,000 for organizing the corporation. 5. On October 10, Tristar purchased maintenance equipment for cash. The purchase price was $15,000 and $500 In freight charges also were pald. 6. On December 2, Tristar acquired various items of office equipment. The company was short of cash and could not pay the $5,500 normal cash price. The supplier agreed to accept 200 shares of the company's no-par common stock in exchange for the equipment. The fir value of the stock is not readily determinable. 7. On December 10, the company acquired a tract of land at a cost of $20,000. It paid $2,000 down and signed a 10% note with both principal and Interest due in one year. Ten percent is an appropriate rate of Interest for this note. T Journal entry worksheet 2 3 4 5 6 7 On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $100,000 in cash for the property. According to appraisals, the land had a fair value of $75,000 and the building had a fair value of $45,000. Note: Enter debits before credits. General Journal Debit Credit Dates September 01 Record entry Clear entry View general journal View transaction list Journal entry worksheet 3 4 5 6 7 On September 1, Tristar signed a $40,000 noninterest-bearing note to purchase equipment. The $40,000 payment is due on September 1, 2022. Assume that 8% is a reasonable interest rate. Note: Enter debits before credits. Dates General Journal Debit Credit September 01 Record entry Clear entry View general journal Journal entry orksheet < 1 2 3 4 5 6 7 On September 15, a truck was donated to the corporation. Similar trucks were selling for $2,500. Note: Enter debits before credits. General Journal Debit Credit Dates September 15 Record entry Clear entry View general journal Journal entry worksheet 5 6 7 On September 18, the company paid its lawyer $3,000 for organizing the corporation. Note: Enter debits before credits. General Journal Debit Credit Dates September 18 Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 6 7 On October 10, Tristar purchased maintenance equipment for cash. The purchase price was $15,000 and $500 in freight charges also were paid. Note: Enter debits before credits. General Journal Debit Credit Dates October 10 Record entry Clear entry View general journal View transaction list Journal entry worksheet < 1 2 3 4 5 On December 2, Tristar acquired various items of office equipment. The company was short of cash and could not pay the $5,500 normal cash price. The supplier agreed to accept 200 shares of the company's no-par common stock in exchange for the equipment. The fair value of the stock is not readily Note: Enter debits before credits. General Journal Debit Credit Dates December 02 Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 5 6 7 On December 10, the company acquired a tract of land at a cost of $20,000. It paid $2,000 down and signed a 10% note with both principal and interest due in one year. Ten percent is an appropriate rate of interest for this note. Note: Enter debits before credits. General Journal Debit Credit Dates December 10 Record entry Clear entry View general journal
Tristar Production Company began operations on September 1, 2021. The complete explanation is given below.
Tristar Production Company began operations on September 1, 2021.
1.(d) land 104000
(d) building 56000
(c) cash 160,000
fair value (L) 117000 + fair value (B)63000= 180000
L: 117000/180000=0.65
0.65 x 160,000 = 104000
B: 63000/180000=0.35
0.35 x 160,000 = 56000
2.
(d) equipment 41818.1 (PV, 10%, I=1)
(d) discount 4181.86
(c) note payable 46000
3.
(d) truck 3,100
(c) revenue - donated asset 3,100
4.
(d) organization cost expense 6000
(c) cash 6000
5.
(d) equipment 21800
(c) cash 21800
6.
(d) equipment 6100
(c) common stock 6100
7.
(d) land 26000
(c) cash 5000
(c) notes payable 21000
To know more about cash refer:
https://brainly.com/question/15709517
#SPJ4
during a recession, the price of restaurant meals falls by over 10 percent. the most likely cause is:
During a recession, price of restaurant meals falls by over a ten percent. The most likely cause is shift of demand curve to the left.
What is a demand curve?In economics, the relationship between the price of a particular good (the y-axis) and the quantity of that good that is sought at that price is represented by a demand curve. Demand curves can be used to analyze the price-quantity connection for either a single consumer (a single demand curve) or for every consumer in a given market. As shown in the accompanying graphic, demand curves are typically thought to slope downward. because fewer individuals will purchase the majority of the commodities being sold when prices rise, according to the rule of demand. Demand curves are used to forecast behavior in fiercely competitive marketplaces. They are used in conjunction with supply curves to establish the equilibrium price and quantity of a market.
To learn more about demand curve, visit:
https://brainly.com/question/13828738
#SPJ4
what are two benefits of automated bidding? (choose two.) select 2 correct responses time saving higher cpas cross analysis competitive analysis guaranteed resul
Boost website traffic. To assist you receive the most clicks possible within your budget, the maximize clicks function automatically sets your bids.
What is automated bidding?
A method of placing bids for your advertisements depending on how likely they are to be clicked on or converted.
Every form of automated bid strategy is intended to aid you in achieving a particular objective for your company.
What benefits are there to bidding?
Buyers that participate in a competitive bidding process are able to negotiate the best possible price and contract conditions.
It enables them to obtain the most skilled providers of goods and services while minimizing expenses. Additionally, they get to work with successful sellers who are qualified to provide specialized services.
Learn more about automated bidding
brainly.com/question/4142248
#SPJ4
true or false? rachel carson's 1962 book, silent spring, first brought attention to chemical poisoning of waterways by corporations. true false
which of the following items would most likely not be classified as a current asset? multiple choice O office equipment O merchandise inventory O office suppliesO Prepaid rent
Office supplies would probably not be considered a current asset.
Explain about the current asset?Current assets are temporary possessions that are often depleted in less than a year. In order to keep a business running on a daily basis, current assets are used. Long-term physical assets including real estate, machinery, and equipment are known as fixed assets (PP&E). A fixed asset's useful life is longer than a year.
Current assets include things like cash, cash equivalents, short-term investments, accounts receivable, inventory, supplies, and pre-paid expenses, to name a few.
Cash is a current asset and the first line item on a company's balance sheet, so the answer is yes. The most liquid asset is cash, which can be used to buy other assets with ease. The ease with which an asset can be turned into cash is referred to as liquidity.
To learn more about current asset refer to:
https://brainly.com/question/13188114
#SPJ4
This week's topic is on the project scope; in particular, we will be developing a project scope statement for your Course Project.The project scope statement is a document that details some, or all, of the sections listed below.Project descriptionProject requirementsProject deliverablesExclusionsAcceptance criteriaEstimated project scheduleResource requirementsEstimated cost of the projectProject constraintsProject assumptionsPlease, pick one of the sections above to develop content for the project scope statement
Project scope—it’s a moving target and one you want to get a bullseye on before you map out your project management plan.
Explain the Project constraints ?Project constraints are the overall restrictions placed on a project, such as its schedule, budget, and risk profile. Because they have an impact on project performance, it is crucial to comprehend project limitations. Project restrictions will be thoroughly covered in this article, along with tips on how to handle them.Constraint management is essential for project success since the majority of project restrictions have mutually reinforcing effects. You'll probably need extra money to finish the job if you determine that you need to extend the project's schedule. When your project's duration and expense increase, its scope will as well.Think "CRaB QueST" to keep the Six Constraints in mind.(Cost, Risk, Benefits, Quality, Scope and Time).Learn more about Project constraints refer to :
https://brainly.com/question/6073946
#SPJ4
Anna got a high-paying job as a lab technician upon graduation. She took five years to graduate from a public university and did take out a lot of loans. What kind of return on investment (roi) does anna demonstrate?.
Anna got a high-paying job as a lab technician upon graduation. She took five years to graduate from a public university and did take out a lot of loans. Positive ROI kind of return on investment (roi) does anna demonstrate.
Investment is the dedication of money to buy of an asset to attain an growth in fee over a period of time. funding requires a sacrifice of a few gift asset, including time, money, or attempt. In finance, the purpose of investing is to generate a return from the invested asset.
Funding entails setting capital to apply today on the way to increase its cost over the years. Funding calls for placing capital to paintings, within the form of time, cash, effort, and many others., in hopes of a greater payoff within the destiny than what turned into at first installed.
Learn more about investment here:https://brainly.com/question/25300925
#SPJ4
in 2016, worries about the stock market caused consumer confidence in asia to fall. ceteris paribus, which of the graphs shows the correct effect on aggregate demand?
In 2016, worries about the stock market caused consumer confidence in Asia to fall. ceteris paribus. Concerns about the stock market cause a reduction in consumer confidence, which leads to a slowdown in both consumption and investment expenditure. As a result of this, at the same level of price, demand lowers, which causes the AD curve to move to the left.
Figure B illustrates the fact that OPTION C
What is stock market?Generally, Buyers and sellers of stocks, which reflect ownership claims on enterprises, congregate in a stock market, also known as an equity market or a share market. These stocks may include securities that are listed on a public stock exchange.
According to the projections of Trading Economics' global macro models and the forecasts of many experts, the Nigeria Stock Exchange (NSE) is anticipated to reach a trading level of 43607.32 points by the conclusion of this quarter. In looking to the future, we anticipate that it will trade at 41053.44 after one year has passed.
Worries about the stock market cause a reduction in consumer confidence, which leads to a slowdown in both consumption and investment expenditure.
As a result of this, at the same level of price, demand lowers, which causes the AD curve to move to the left.
Read more about stock market
https://brainly.com/question/13400473
#SPJ1
i commanded the assault and capture of the fortress at derna, tripoli in 1805, and was presented with what would become the famous marine corps officer's sword
A policeman carrying a Mamluk sword was given to Lieutenant Presley O'Bannon in 1805 by a Mamluk chief in North Africa. Tripoli's history dates back to at least the 14th century BC. return.
After Cairo, he has a second concentration in Mamluk architecture. The naval squadron stationed in the Mediterranean was led by Commodore Edward Preble, but the hero of the United States' war with Tripoli was Stephen Decatur of Maryland. Crossed swords represent military strength in terms of physical security.
Both swords point upwards, always ready for battle, symbolizing the importance of always being on alert. The United States successfully defeated the Karamanli forces in a combined sea and land attack by the United States Marine Corps. The U.S. treaty with Tripoli, signed in 1805, included a ransom for Tripoli's American prisoners of war, but no provision for tribute.
Learn more about Tripoli here:- https://brainly.com/question/933265
#SPJ4
What does selling a bond mean?.
Governments and businesses sell bonds as a sort of asset to raise money from investors. Therefore, selling bonds is a means of borrowing money from the seller.
How does selling a bond work?An interest coupon, which represents the annual interest rate on a bond expressed as a percentage of face value, is what the company gives in return for the capital. The company finishes the loan by returning the principal on the maturity date and paying the interest at predetermined intervals (typically annually or semiannually).But bond buyers might decide that selling a bond early is preferable to waiting for it to mature. Some of these explanations include the expectation of higher interest rates, the possibility that the issuer's credit will be reduced, or if the market price appears to be excessively high.To Learn more About bonds refer to:
https://brainly.com/question/25965295
#SPJ4
direct marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships. true or false?
The following statement "direct marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships" is True.
Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing. Campaigns can be sent using mail, email, social media, and texting, among other distribution methods.
Because it typically cuts out the middlemen, such as advertising media, direct marketing is known as such. Direct marketing campaigns operate independently to speak with target audiences directly, in contrast to traditional public relations campaigns that are disseminated through a third party, such as media publications or mass media.
To know more about direct marketing here-
https://brainly.com/question/14008832
#SPJ4
Jessica placed $1,100 in a savings account which earns 3.7% interest, compounded annually. How much will she have in the account after 15 years. Round your answer to the nearest dollar. Do NOT round until you have calculated the final answer. Provide your answer
$1897.03 Jessica have this much amount in their account after 15 years by saving it with compound interest .
How does compound interest work?The amount of the initial loan, or principal, is multiplied by one plus the annual interest rate raised to the number of compound periods minus one to determine compound interest. You will then be left with the loan balance plus compound interest.
Is compound interest a wise financial decision?The use of compound interest makes money work harder. Compound interest, as opposed to simple interest, allows your returns to generate additional returns. Compound interest may be advantageous for money held in savings accounts and the stock market.
The formula is P = Initial Principal(1 + rate)^# years
So: P = 1100(1 + 0.037)^15
P = 1100(1.037)^15
P = $1897.03
To know more about compound interest visit:
https://brainly.com/question/14295570
#SPJ4
How often do mortgage rates change?.
Mortgage rates change daily.
Mortgage rates change daily.
What is the rate on a mortgage?The interest rate on a mortgage is called a mortgage rate.The lender decides mortgage rates, which can be fixed or variable, depending on a benchmark interest rate, for the duration of the mortgage.Borrowers' mortgage rates vary based on their credit history.The average mortgage rate fluctuates with interest rate cycles and can have a significant impact on the market for homebuyers.What is the function of a mortgage?A mortgage is a kind of loan that is used to buy or keep a house, land, or other piece of real estate.The borrower agrees to make payments to the lender over time, usually in a series of regular payments that split the cost of the loan between interest and principal.The property then acts as security for the loan.Mortgage rates change daily.
To know more about Mortgage, check out:
https://brainly.com/question/22846480
#SPJ4
cast iron company, on each nondelinquent sale, receives revenues with a present value of $1,290 and incurs costs with a value of $1,095. cast iron has been asked to extend credit to a new customer. you can find little information on the firm, and you believe that the probability of payment is no better than 0.71. but if the payment is made, the probability that the customer will pay for the second order is 0.93. a. calculate the minimum probability at which credit can be extended assuming there is no possibility of repeat orders. (enter your answer as a percent rounded to 1 decimal place.) b. if it costs $16.75 to determine whether a customer has been a prompt or slow payer in the past, at how many units ordered should cast iron undertake such a check? (do not round intermediate calculations. round your answer to 2 decimal places.)
The minimum probability at which credit can be extended assuming there is no possibility of repeat orders is 86 %
Cast iron break even unit is 2.02 units.
Probability is a degree of the probability of an event to arise. Many occasions can't be anticipated with general actuality. we are able to are expecting best the chance of an event to arise i.e., how in all likelihood they may be going to occur, the usage of it.
Probability is the branch of arithmetic regarding numerical descriptions of how probably an occasion is to arise, or how probable it's miles that a proposition is authentic.
The probability of an event is various among zero and 1, in which, more or less talking, zero shows impossibility of the occasion and 1 shows certainty.
Learn more about probability here : https://brainly.com/question/13604758
#SPJ4
mario transferred real estate with an adjusted basis of $140,000 for similar real estate with a fair market value of $160,000. the exchange qualified as a like-kind exchange. the realized gain on the exchange was $. the recognized gain on the exchange was $. mario's adjusted basis in the real estate received is $
The realized gain on the exchange was $20,000, the recognized gain was $0 and Mario's adjusted basis in the real estate received is $140,000.
What is an adjusted basis?Adjusted basis is the cost basis of an asset adjusted for various events during its ownership. It is usually used to calculate an owner's capital gain or loss for income tax purposes when the property is sold.
The Adjusted Basis tells the amount of Realized Gain (if positive) or Realized Loss (if negative).
The realized gain on the transfer of the real estate is calculated as:
Fair market Value- Adjusted basis
= $160,000-$140,000
= $20,000
Therefore, the realized gain is $20,000 and the recognized gain on the exchange and Mario's adjusted basis in the real estate received is $ 0 and $140,000 respectively.
To learn more about adjusted basis, click here:
https://brainly.com/question/16008127
#SPJ1
The city of twizzle issues $1,000,000 face value of general obligation bonds for $1,100,000. The bonds will be used for the construction of new city streets. What journal entry should the city make in its capital projects fund to record the issuance of these bonds
The journal entry is :
Cash A/C 9,800,000
To Other Financing Use- bond issue discount A/C 200,000
To Other financing source- long term debt issued A/C 10,000,000
What is meant by journal entry?Journal entries serve as the official record of all business activities. In the broadest sense, a transaction is any financial activity that affects the firm. They include all financial exchange-related transactions, such as interest payments, depreciation, costs, and payroll. They extend beyond merely buying and selling products and services.
Transactions are recorded in a supplementary book of accounts called the journal. A ledger is a main book of accounts used to organize the transactions entered in a journal. Order. Due to the fact that it is the first place where transactions are recorded, it is also known as the book of original entry. The general ledger, which is then used to produce the financial statements of a business, is created using the entries in an accounting journal.
Given,
long term debt = 1000000
bond issue discount = 200000
1000000-200000
= 9800000
To learn more about journal entry refer to:
https://brainly.com/question/20714023
#SPJ4
which of the following is not considered one of the six frameworks in the framework of frameworks approach?
Collaborative approach is not considered one of the six frameworks in the framework of frameworks approach.
The framework method is what?A framework is a method for organizing, analyzing, and identifying themes in qualitative data. It works well with huge amounts of text and gives researchers a structured way to handle, examine, and pinpoint themes.
What do research frameworks in qualitative mean?The conceptual framework is created at the conclusion of a qualitative study to highlight the variables or problems that emerged from the qualitative data. It is intended to support the development of theories and the visual comprehension of the results of exploratory research.
To know more about framework visit:
https://brainly.com/question/25687645
#SPJ4
