You invest​ $1,000 at a variable rate of interest. Initially the rate is​ 4% compounded annually for the first​ year, and the rate increases oneminushalf of one percent annually for five years​ (year two's rate is​ 4.5%, year​ three's rate is​ 5.0%, etc.). How much will you have in the account after five​ years?

Answers

Answer 1
Answer:

Answer:

You will have $1,276 in your account after 5 years.

Explanation:

The interest rate information is given for 6 years but the question is only asking the amount after 5 years, so I only make the calculation for that.

Rate in:

  • first year: 4%
  • second year: 4.5%
  • third year: 5%
  • fourth year: 5.5%
  • fifth year: 6%

Assuming interest in compounded throughout five years, the amount you will have in your account is:

FV = 1,000 * (1 + 0.04) * (1 + 0.045) * (1 + 0.05)*  (1 + 0.055) * (1 + 0.06) = $1,276


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When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit toA. Cash and a credit to each individual creditor. B. each individual creditor and a credit to Cash. C. each individual partner’s capital account. D. each individual partner’s capital account and a credit to Cash.
Which of the following will occur if the government institutes an effective price ceiling on strawberries? a. there will be a decrease in demand for and an increase in supply of strawberries. b. there will be a decrease in supply of strawberries. c. the quantity supplied of strawberries will decrease. d. there will be a decrease in demand for strawberries. e. the quantity demanded for strawberries will decrease.
Jill earns a salary of $425.00 per week, plus a commission of 20% on all sales. Last week she sold $1,123 worth of goods. How much was she paid?
All of the following are economic institutions EXCEPTa. churches. b. government services. c. credit unions. d. commercial banks.

Characteristics of a corporation includea. stockholders having unlimited liability.
b. direct management by the stockholders.
c. stockholders having limited liability.
d. stockholders choosing a board of directors.

Answers

A corporation is characterized by limited liability for stockholders and management by a board of directors chosen by the stockholders. Stockholders' personal assets are not at risk in case of bankruptcy or lawsuits.

The Characteristics of a Corporation typically include:

  • Stockholders having limited liability - This means that the personal assets of the shareholders are not at risk if the corporation goes bankrupt or faces lawsuits.
  • Direct management by the stockholders is not usually happened. Instead, the stockholders elect a board of directors who manage the corporation.

Hence, in the given options, c. stockholders having limited liability, and d. stockholders choosing a board of directors are correct characteristics of a corporation.

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The answer to your question is letter C. Stockholders having limited liability.

) describe the importance and benefits of valuing and promoting cultural diversity in work with children and young people

Answers

The importance and benefits of valuing and promoting cultural diversity in work with children and young people are the following: 
1. It promotes equality with the rest of the cultures. 
2. It creates awareness of the different cultures of other races. With the awareness, children would gain respect for other races.
3. It creates a positive working environment.

Your company wants to develop intelligent techniques to create a "smart" oven that can perfectly cook basic foodstuffs, such as roasts and bread, using sensors and minimal input from the user. The system would know the difference between rare, medium rare, medium, and well done roasts. The category of intelligent technique that would describe this system isA) expert system.
B) neural network.
C) case based reasoning.
D) fuzzy logic

Answers

Answer:

D) fuzzy logic

Explanation:

Based on the information provided within the question it can be said that the category of intelligent technique that is being described is called fuzzy logic. This refers to a system which deals with true or false statements as well as in between statements in order to follow specific instructions. Which would be the case in this scenario as the oven analyzes the food in order to detect the rarity of the food and decide which pre-defined instruction to follow next, even if the rarity is between two categories such as medium rare and rare.

Chapter 13 bankruptcy is a filing meant for people whoa. have no assets. Bhave a regular source of income.
c. are unemployed.
d. do not own a business.

Answers

bankruptcy is a filing meant for people who are unemployed. If you do not have any job or any source of income, possibility is that you always encounters bankruptcy or 0 balance. If you do not own a business but have any source of income, still you can survive.

B. Have a regular source of income

got a 100 on the quiz aye

What was the major problem faced by the earliest formal American police departments

Answers

Many people believed that a police department should be formed by the citizens and not controlled by the government.

Which of the following could help determine a job candidate's trustworthiness?A) A credit check
B) A recorded oral test
C) An in-person interview
D) Closed-ended interview questions

Answers

Answer:

C) An in-person interview

Explanation:

All the options listed, the best choice to determine a candidate's trusworthiness is the in-person interview. An in person-interview allows the interviewer to get to know the candidate better, because open-ended questions can be made about the candidate's proffesional and personal life.

In this type of interview, it is the job of the interviewer to analyze the answers, and reach a conclusion that can determine whether the person is to be trusted or not.

Final answer:

A credit check, an in-person interview, and closed-ended interview questions are methods that can help determine a job candidate's trustworthiness.

Explanation:

One of the options that could help determine a job candidate's trustworthiness is a credit check. This can reveal information about a candidate's financial responsibilities and history, which can be indicative of their level of trustworthiness. An in-person interview is also helpful, as it allows the employer to assess the candidate's demeanor, body language, and overall impression. Lastly, closed-ended interview questions can provide specific information about a candidate's qualifications and their ability to demonstrate trustworthiness.

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