If you are thinking of borrowing $50,000 to start a small business. assuming and annual interest rate of 5% and that you want to pay off the loan in 5 years then the Monthly payment at the end of each month is 1,041.
What would be the monthly payment?
$50,000 to start a small business. assuming and annual interest rate of 5% and that you want to pay off the loan in 5 years,
I = $ 12,500.00
I = Prt
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year,
then, solving our equation
I = 50000 × 0.05 × 5 = 12500
I = $ 12,500.00
The simple interest accumulated
on a principal of $ 50,000.00
at a rate of 5% per year
for 5 years is $ 12,500.00
12500/12= 1,041.
monthly payment at the end of each month is 1,041.
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Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics.
1. The optimal interest rate for the Federal Reserve to target
2. The effects of government tax policy on long-term economic growth
3. The effect of a cigarette tax on the quantity of cigarettes sold
The field of economics known as macroeconomics focuses on the study of the economy as a whole. A subfield of economics called microeconomics examines how people make decisions. Possible regulation of monopolist clients. This qualifies it as a microeconomic issue.
Examples of macroeconomics:Economic outputs, unemployment rates, and inflation are a few examples of macroeconomic variables. Governments, corporations, and customers all keep a careful eye on these economic success indicators.
What is macroeconomics, exactly, in everyday terms?The area of economics known as macroeconomics focuses on studying whole economies. It is focused on broad-based or general economic challenges and how these components relate to one another across economies.
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Identify the five foundations and describe each of them then evaluate how they will help you manage your money right now.
Make a $500 emergency fund this will allow you to have money in the event of an emergency.
Get and stay out of debt this will allow you to not be bound in debt. You will not have interest or credit card payments. It will also allow you to avoid interest now and in the future.
Pay cash for your car
this will allow you to avoid interest and or payments over a long period of time.
Pay cash for college
This will allow you to avoid student that you will not have to make payments.
Build wealth and give.
Having a large amount of money in savings and having everything paid for will allow you to help others that are in need.
The five elements that make up a solid financial foundation:
Budgeting.Emergency fundsSavings.Investments.a plan for 401(k)sWhat is meant by Solid Financial Foundation:You can stop living paycheck to paycheck, get out of debt, and start building wealth if you have a solid financial foundation. It gives you the ability to leave a bad relationship, roommate, or job.
Possessing a positive cash flow and a positive net worth are two indicators of a solid financial foundation. A positive net worth indicates that you own more assets than you owe. You can work toward a positive outcome by taking even small steps toward better money management. This indicates that you have the "pillars" in place to support your long-term financial well-being. 1: a business connection. Many financial strategies can benefit from having a bank relationship. When choosing a bank, there are many options available to you.
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Reporting income when it is earned and expenses when they are incurred
Reporting earnings as they occur and costs as they are expended a financial statement that details the earnings and outlays for a certain fiscal year.
What does it mean to disclose earnings and expenses as they are incurred?
According to the accrual accounting system, payments and expenses are credited and debited as soon as they are received or incurred. Unlike cash basis accounting, which documents costs as they are paid for and income as it is received, accrual accounting documents transactions as they take place.
What are the two ways that revenue and expenses are reported?
Cash-based accounting: When income is received, it is recorded, and when expenses are paid, they are also documented. Accrual method: Costs are recorded as they are incurred and income as it is earned.
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how do you share jelly bean tokens in bee swarm simulator
In Bee Swarm Simulator, jelly bean tokens can be shared with other players by using the "Gift" feature. To do this, you must first select the player you wish to gift the tokens to from the Friends list.
What is tokens ?Tokens are digital assets that can be used to represent a variety of things, such as loyalty points, in-game currency, or even real-world currency. Tokens are created and stored on a blockchain and can be used to purchase goods and services, transfer value, or even pay for access to certain services.
Once you have selected the player, you can then choose how many tokens you would like to give them. After selecting the amount of tokens, click on the "Gift" button and confirm your selection. The jelly bean tokens will then be sent to the other player's account.
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Based on this information china leans toward a ______ economic system.
a. socialist
b. market
c. capitalist
d. communist
China and other formerly communist nations have embraced capitalism.
What's a brief explanation of capitalism?Many people think of capitalism as a market structure in which private individuals own and hold property according to their own interests, and where supply and demand freely determine market prices in a way which can best serve the needs of society.
Is capitalism beneficial or not?Without a doubt, capitalism is one of the major powers of innovation, riches, and prosperity. Businesses are driven to be as efficient as possible by competition and capital accumulation, allowing investors to profit from that expansion and enable clients to pay less.
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Information in digital form
a. is decreasing
b. is in an electronic format
c. cannot be read by a computer
d. none of the above
Answer: B is in electronic format
Explanation: Electronic format means that it can be read on a digital device.
rease cholesterol levels and decrease cholesterol precursors. the investigator proposes to obtain cholesterol, mix it with soy oil, and administer it to subjects. the study then involves follow-up evaluations and assessments. which option would be the best choice regarding an ind?
To find out if an IND is required, get in touch with the FDA directly.
The Food and Drug Administration is in charge of defending the public's health by guaranteeing the security, efficacy, and safety of pharmaceuticals for humans and animals, biological products, and medical equipment, as well as the security of our country's food supply, cosmetics, and radiation-emitting goods. When CDER reviews data on a medicine's effects and finds that the benefits outweigh the known and potential hazards for the intended population, the drug is given FDA approval. If the FDA gives its approval, it implies the organization has decided the product's advantages exceed its drawbacks for the intended usage.
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Consider the following situation. Patients with Smith-Lemli-Opitz have an inborn error of cholesterol biosynthesis, which results in severe to mild cholesterol deficiency, and accumulation of cholesterol precursors. An investigator proposes to determine if pure crystalline cholesterol in an oil suspension will increase cholesterol levels and decrease cholesterol precursors. The investigator proposes to obtain cholesterol, mix it with soy oil, and administer it to subjects. The study then involves follow-up evaluations and assessments. Which option would be the best choice regarding an IND?
which of the following is the correct order to make a workflow? a- cleanse and standardize data b- create a forecast for near-term demand demand c-blend data from multiple sources
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joseph is writing a paper on job satisfaction and the rate of unemployment in the u.s. he needs to include original research as well as current, national stories related to this topic. which types of sources would be the best fit for his assignment?
A trade article as well as a newspaper article would be the best fit sources for the assignment Joseph is intended to complete.
In the secnerio where Joseph is working on a paper regarding job satisfactionand and the unemployment rate in the United States. He require to include both original research and current, national stories on this topic. For the specifies purpose he needs trade article as well as a newspaper article. It is because newspaper articles will provide him with the current information about job satisfaction and unemployment rate; while trade articles will give him research based authentic data. They are used to provide readers with information they need/want to know about the world around them.
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The graph shows the marginal cost of producing soccer cleats for Sabrina’s Soccer. At which level of production does the company make the most profit? the first pair of cleats the second pair of cleats the third pair of cleats the fourth pair of cleats
Answer:
first pair of cleats.
Explanation:
if an owner of an exotic pet is no longer able to care for the animal, the veterinary team should assist the owner by:
If an owner of an exotic pet is no longer able to care for the animal, the veterinary team should assist the owner by helping them find another home, a zoo, or a sanctuary for the pet.
Animals ought to be moved in a quiet and certain way, staying away from overstated or unexpected developments, like waving of the hands and arms. Utilizing delicate tones and a peaceful voice while conversing with creatures might assist with making them aware of a harmless methodology.
A strategy can be fittingly used to guarantee to pass in oblivious creatures. Creatures become a lot more straightforward to deal with on the off chance that they are prepared and acquainted with taking care.
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Technological improvements are more likely to occur if
a. the economy is centrally planned.
b. entrepreneurs are compensated for taking risks with higher profits.
c. economic decisions are made by politicians rather than entrepreneurs.
d. companies face little competition in their markets.
B. Technological advancements reward risk-taking by entrepreneurs with bigger earnings.
What Exactly Does Being an Entrepreneur Mean?An entrepreneur is a person who decides to start their own company based on a concept they have or a product they have developed, taking on the majority of the risks and enjoying the majority of the advantages.
What makes anything an entrepreneur?The French verb entreprendre, which means "to do something" or "to undertake," was first used in the fourteenth century. A person who launches a commercial enterprise was referred to as an entrepreneur by the sixteenth century.
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within how many days of requesting an investigative consumer report must an insurer notify the consumer in writing that the report will be obtained?
Within five days of requesting an investigative consumer report, an insurer must notify the consumer in writing that the report will be obtained.
Insurance score is a hypothetical concept that refers to a numerical value calculated using a statistical model that predicts the likelihood of an individual filing an insurance claim. Insurers use this score to assess the risk of insuring an individual and may use it to determine the premium that will be charged for a policy. Factors such as credit history, payment history, claims history, and other financial and demographic information are used to calculate the insurance score. The higher the insurance score, the less likely an individual is to file a claim, and therefore the lower the premium will be.
As per the Fair Credit Reporting Act (FCRA), within five days of requesting an investigative consumer report, an insurer must notify the consumer in writing that the report will be obtained. This is to ensure that the consumer is aware that an investigative consumer report may be obtained and that they are given the opportunity to review their rights under the FCRA. An investigative consumer report is a type of consumer report that includes information about a consumer's character, general reputation, personal characteristics, or mode of living. This information is obtained through personal interviews with neighbors, friends, or associates of the consumer.
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how long after your taxes are accepted to get refund 2022?
When you digitally file and elect direct deposit, the IRS says that it will often issue your refund within 21 days of receipt.
What is direct deposit?Direct deposit, as it related to work, is the computerized transfer of net salary from a banking institution owned by an employer to an user's individual bank account. This transaction happens across a network is known as the Automated Clearing House (ACH).
Is it better to be get direct deposit but rather check?Getting a physical check or cash is usually slower and less secure than making a direct deposit. Direct deposits are processed by certain enterprises or payroll processing firms so that the money are available.
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which of the following is an example of anchoring bias? group of answer choices the human resource manager carefully weighs the information about a new hire before making a decision. the human resource manager is looking for a replacement for an excellent former employee, so she compares all potential hires to that employee. the human resource manager hires someone because she is a recent graduate from a university that other successful hires have come from. the human resource manager's gut instinct tells him a potential hire is not right, so he looks for evidence to confirm his suspicion.
D) Anchoring bias arises when a human resources manager's gut instinct tells them that even a potential employee is now not right, so he searches for facts to support his thoughts.
How does anchoring bias work?Anchoring bias, also known as the anchoring effect, refers to people's tendency to utilise the first item of data they receive on an issue as an anchor. When making decisions, we have a cognitive bias that drives us to rely primarily on early information. The anchor serves as the foundation for any future choices, expectations, or judgements. The first item of data has the most significance due to the anchoring effect. People typically focus on this initial knowledge rather than learning more about this topic.
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What action did 47. 4 million americans take in 2021, setting a record that was recently reported by the u. S. Labor department?
According to predictions from the U.S. Bureau of Labor Statistics, over 47 million Americans quit their employment voluntarily in 2021. The unusually large-scale exodus from the labour force that Covid-19 triggered is referred to as "The Great Resignation."
Is calculus simpler or statistics?
Although statistics are more simpler than calculus in the beginning, calculus is regarded to be more challenging than statistics at an intermediate level. It actually depends on the learner because some have trouble understanding statistics while others have trouble learning calculus. To predict the future, determine the likelihood that a specific event will occur, or learn more about a survey, statistics can be employed. Statistics are used in many fields, including business, health, biology, psychology, and the social sciences.
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when we record a journal entry in the general journal?
Journal entries are entered in the general ledger as business events happen during the accounting period to show how the event impacted the accounting equation.
What does it mean to write in a journal?Debits and credits are used in journal entries to track changes to the accounting formula in the overall journal. Debited accounts must be listed before reimbursed accounts according to standard journal entry format.
A generic journal is what?The system for keeping accounting records includes the general diary. A transaction is an event that needs to be recorded and can be recorded in either the general journal or a specialist journal. There are four speciality journals, so named because they are used to record particular kinds of routine transactions.
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how the economy recovers from a recession and returns to its long run equilibrium without any policy intervention
A long-term process known as fiscal policy helps an economy bounce back from a downturn and realize its GDP potential without the direct help of the government.
An expansive fiscal approach has reduced taxes and increased government spending as its two key outcomes. Both of those measures aim to raise deficits or decrease budget surpluses while boosting the demand for mixtures.
The economy is in a recession, according to the sticky pricing hypothesis (a), because not all prices adjust as quickly. Forms are able to increase their price adjustments over time, and the economy eventually shifts back to the long-term AS curve. (b) The effectiveness of each hypothesis is strongly influenced by how quickly wages, prices, and price expectations change.
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a grant from the federal government with strings attached that specify where and how the money can be spent is a characteristic of
Grants-in-aid are financial contributions made by the federal government to the states for a specific objective.
How can I double my income?The strategy that applies to the majority of investors is probably the traditional one of doubling you money by building a diverse portfolio of securities and bonds. It is possible to invest safely over a number of years in order to double your money, but for people who lack patience, there is a greater chance of losing the majority or all their money.
What are different sorts of money?Any thing that is frequently used and approved in business dealings involving the exchange of goods or services by one one to another is referred to as money. Market mechanism, fiat money, and cash reserve are the three types of money that economists distinguish between.
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why was the world bank set up? group of answer choices to maintain order in the international monetary system to formulate a coordinated policy response to financial crises to police the world trading system to preserve peace through international cooperation to promote economic development
To promote economic development the world bank was set up. Individual nations all across the world can receive financial and technical support from the World Bank.
To aid in the growth of national economies, the World Bank offers grants, low-interest loans, and zero-interest credits to eligible governments. Global healthcare, governmental administration, infrastructure, and private-sector development are all aided by debt borrowings and cash infusions.
Through technical help, research and analysis, and policy advice, the World Bank also exchanges information with various organizations. For the public and private sectors, it provides guidance and instruction.
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A recent consumer reports study analyzed flat-screen tvs and found that the average performance rating for all tvs tested was 80 with an average price of $340. Clarence flat-screen tv has a perceived customer value of 30, and relative performance of 112. What is the relative cost of purchase for a clarence flat-screen tv?
According to recent Consumer Reports survey, a Clarion flat-screen TV has a relative cost of buying of 82.
What does "cost" mean?In business, research, retail, and accounting, a cost is the value of money that has been used to produce something or deliver a service and is now not usable. The total costs associated with the acquisition are considered when determining the pricing.
Price and cost are they equivalent?The expense incurred to produce the product or service that a firm sells is typically considered the cost. Price reflects a patient's readiness to pay for a product or service alone.
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equired: prepare a contribution format income statement. prepare a traditional format income statement. calculate the selling price per unit. calculate the variable cost per unit. calculate the contribution margin per unit. which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales?
Since costs are arranged according to their behavior, the contribution format is more beneficial. The contribution format makes it simple for managers to determine how variable expenses will alter as a result of changes in unit sales.
What is traditional format?There is no Forbidden List in the Traditional Format; instead, there are just Limited and Semi-Limited Lists, with all of the Advanced Format Forbidden cards being placed in Limited. All other things being equal, the two formats.The most recent Yu-Gig-Oh format is called Quin, and it was created to be easy to play, include older fans' favorite original Yu-Gig-Oh cards, and expand as the game progressed without requiring continual internet monitoring.Cost of goods sold: $213,000 ($20,000 + $200,000 - $7,000).
The following formula is used to calculate the variable administrative expense ($12,000):
300,000 dollars in sales
60k in contribution margin (b)
Total variable expenses (a) (b): $240,000
(a) $240,000 in total variable costs
$213,00 in selling prices
varying selling cost of 15,000
Variable selling expense (b) plus cost of goods sold equals $228,000
(a) (b) $12,000 Variable administrative expense
The following formula is used to calculate the fixed selling expense ($30,000):
A $60,000 contribution margin
b) $18,000 in net operating income
The total fixed costs are $42,000 (a) and (b).
$42,000 is the total fixed costs.
(12,000 dollars) in fixed administrative costs
(a) (b) $ 30,000 Fixed Selling Expense
2. ($20,000 plus $200,000 minus $7,000) Equals $213,000 as cost of goods sold
Selling costs ($15,000 plus $30,000) equal $45,000.
($12,000 + $12,000) Equals $24,000 in administrative costs
3. There have been 1,000 units sold at a selling price per unit of $300,000.
4. The variable cost per unit is divided by 1,000 units sold to arrive at $240.
5. $300 - $240 = $60 is the contribution margin per unit.
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you are tearing down a building and find a $1 bill that someone lost when working on the building 140 years ago. if, instead of being careless with the $1 change, this person had deposited it into a bank and earned 2 percent interest every year for the first 70 years and 5 percent interest every year for the second 70 years, how much would be in the account today?
The final value of the account would be very large because of the long period of time and the interest rate. But as the exact date and interest rate are not provided, it would be difficult to give a specific number.
What is compound interest?Compound growth is a type of interest where the interest received on an investment is added to the outstanding amount, resulting in the calculation of future loan repayments based on the greater headmistress. When compound interest is used, as opposed to simple interest, where the interest collected is not added to the principal, the investment may expand more rapidly over time.
Investment funds, checking accounts, and other asset classes frequently use compound interest. The amount invested will grow more quickly the more often interest is applied.
To calculate the final value of the account, we would need to use the formula for compound interest:
A = P(1 + r/n)^(nt)
where:
A = final account value
P = initial deposit ($1)
r = annual interest rate (2% for the first 70 years, 5% for the second 70 years)
n = number of times the interest is compounded per year (assuming annually)
t = number of years the money is invested for (140 years)
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select all that apply why is it important to analyze the local technological and physical forces in the business environment before doing global business in a given market? (check all that apply)
Weather can have an impact on transportation systems and communication systems.
How does weather affect transportation?Pavement friction can be caused by even the smallest amount of rain, and visibility can be affected by heavier rain. Rain can also make it harder to brake and make wheel spinning or hydroplaning more likely. Detours, hazardous driving conditions, and flooding of roadways are all possible outcomes of heavy rain.
How is transportation affected by the environment?Weather extremes that occur more frequently may cause ripple effects throughout transportation networks and disrupt infrastructure. In addition, in order for transportation systems to reduce their emissions of greenhouse gases, new climate policies may necessitate significant modifications.
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Document 3: What happens to competition in a communist system?
Answer:
Explanation:
In a communist system the central authority dictates the means and quantity of production , and gives strict rules on businesses. Since there is no competition amongst firms , each is given the amount of money and each wo0rker is paid the same with same expectations of each.
Specialization can help a countrys evonomy by?
Answer:
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aikman company paid dividends of $2,520, $0, $1,530 and $1,100 over the first four years of the company's existence, respectively. if retained earnings has an ending balance of $9,900 at the end of year four, what was the average annual amount of net income (loss) over the first four years for aikman? (round your answer to the nearest dollar amount.)
To find the average annual net income (loss) for Aikman over the first four years of its existence, we need to calculate the total net income (or loss) over those four years and divide that by four.
Net income is calculated by taking total revenue and subtracting all expenses, including dividends paid. Since Aikman paid dividends of $2,520, $0, $1,530 and $1,100 over the first four years, we can add those amounts to find the total dividends paid over that period: $2,520 + $0 + $1,530 + $1,100 = $5,150.
We know that retained earnings has an ending balance of $9,900 at the end of year four. Retained earnings is the portion of net income that is not paid out as dividends and is instead kept by the company for future use. So, we can use this information to calculate the total net income over the first four years by adding the retained earnings at the end of year four to the total dividends paid over the first four years: $9,900 + $5,150 = $15,050
To find the average annual net income, we divide the total net income by the number of years: $15,050/4 = $3,712.5 (approximately $3713)
In conclusion, the average annual net income (loss) over the first four years for Aikman is $3713.
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obtaining resources and defining tasks and deadlines are part of which phase in the strategic marketing process? multiple choice question.
Option C is correct answer. Obtaining resources and developing planning schedules are part of implementation phase in the strategic marketing process.
The implementation phase entails carrying out the project plan. The construction manager will oversee and direct required resources here in order to meet the project plan's objectives. It is the project manager's responsibility to direct and handle each activity as the project progresses. That's what happens during the project's implementation phase: you stick to your plan and deal with any issues that arise. The implementation phase is when you and your construction team actually work on the project to create the deliverables. The term "deliverable" refers to anything your project produces.
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Complete question:
Obtaining resources and developing planning schedules are part of which phase in the strategic marketing process
a) evaluation
b) differentiation
c) implementation
d) planning
if you deposit $20,000 in a savings account with a 2% interest rate, at the end of the year, how much money you will have in your account?
If you deposit $20,000 in a savings account with a 2% interest rate, at the end of the year, you will have $20,400 in your account.
The formula to calculate the interest is:
Interest = Principal x Rate x Time
Where:
Principal = $20,000
Rate = 2%
Time = 1 year (or 12 months)
So, Interest = $20,000 x 2/100 x 1 = $400
Therefore, the total amount in the account at the end of the year will be:
Principal + Interest = $20,000 + $400 = $20,400
It's important to note that interest rates can vary depending on the institution and type of account. So always make sure to check the interest rate before depositing your money in an account.
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Which of these is NOT a flow that moves up and down the supply chain?A. ProceduralB. MonetaryC. InformationD. Physical
Monetary is not a flow that moves up and down the supply chain.
Some example of monetary items are cash, marketable securities, invoices to be paid, accounts receivable, accounts payable, invoices for sales taxes, and notes due
What is Monetary ?Monetary is a term used to refer to money or currency. It is the medium of exchange used in transactions and is an essential part of the economy. Monetary policy is the process by which a government, central bank, or monetary authority manages the supply of money and credit to achieve certain economic goals.
The primary objectives of monetary policy are price stability, full employment, and economic growth. Monetary policy can be implemented through a variety of tools such as open market operations, reserve requirements, discount rates, and interest rates. It can also be used to influence exchange rates and control inflation.
Monetary flows refer to the movement of money, such as payments for goods or services, which does not move up and down the supply chain.
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