Calculating Effective Annual Yield
Y= (1+(r/n))^n-1
9.381% = 9.4%
Answer:
9.38%
Explanation:
effective annual yield = (1 + monthly rate)¹² - 1
where monthly rate = 9% / 12 = 0.0075
effective annual yield = (1 + 0.0075)¹² - 1 = 1.0938 - 1 = 0.0938 or 9.38%
The advantage of compound interest is that earned interest will earn more interest by itself.
Answer:
a 5S program
Explanation:
This action likely occurred from the use of a 5S program. This is a program that focuses on the 5 S' which are Sort, Set in Order, Shine, Standardize, Sustain. These are used in order to analyze everything in an area in order to decide what is or isn't necessary, put things in order, cleaning, and setting up procedures for performing these tasks on a regular basis. Which is what the clerk has done by identifying these most and least frequent forms and organizing them accordingly for use on a regular basis.
The clerk likely used the lean tool 5S to organize the forms in the accounting department.
The lean tool that was likely used in the accounting department is 5S. 5S is a workplace organization method that focuses on sorting, setting in order, shining, standardizing, and sustaining. By identifying the most frequently used forms and putting them in an easily accessible area, and tagging and separating the less frequently used forms, the clerk applied the principles of 5S to improve efficiency and productivity.
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Answer:
The answer is;
people trade goods directly with goods rather than through using money
Explanation:
In that a barter economy, people trade goods directly with goods rather than through using money.
Money is not used in a barter economy. Barter economy was experienced a very long time ago.
For example, Mr A. has yam at home but needs rice, he has to look for someone that wants yam in exchange for the rice he needs
A barter economy involves a direct exchange of goods or services while a money economy utilizes a common medium (money) for transactions. The barter system lacks the convenience and easy storage of value presented by the monetary system. Despite inflation, money remains a better store of value than goods.
A barter economy is distinct from a money economy primarily in its system of exchange. In a barter economy, goods or services are directly exchanged for other goods or services without the intermediary use of money. This system only works when one person happens to have something the other person needs, and at the same time that other person has something the first person needs. The primary issue with a barter economy is its lack of convenience and the difficulty in storing value over time.
On the other hand, a money economy uses a universal medium of exchange known as money, which is widely accepted for transactions and easily stored for future use. Money can also serve as a store of value, which enables people to make transactions more conveniently and efficiently. Despite some money losing value due to annual inflation, it is considered a better store of value than goods in a barter system, like the example of shoes which can go out of style and decrease in value every season.
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factories .......................
One drawback of mailed marketing surveys is limited response rates. Due to the physical nature of mailing, it takes time for surveys to reach recipients and for responses to be returned.
This delay may result in reduced engagement and interest from recipients, leading to lower participation rates compared to online surveys.
Additionally, mailed surveys can be perceived as less convenient and may be overlooked or discarded by recipients. As a consequence, the overall sample size and data quality may be affected, potentially limiting the survey's effectiveness in gathering comprehensive and actionable insights for marketing strategies.
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One drawback of mailed marketing surveys is
A. the process is inconvenient for the respondent.
B. the lack of anonymity.
C. the high cost.
D. longer response times, sometimes six to eight weeks
The answer is, D. longer response times, sometimes six to eight weeks