BUSINESS HIGH SCHOOL

John invested $12,000 in two accounts, one that earns 7% interest and another that earns 4%. If the total interest earned after one year was $507.90, how much was invested in each account?

Answers

Answer 1

Answer:

Answer:

$930 was invested in account-1 at 7% interest rate and $11,070 was invested in account-2 at 4% interest rate.

Explanation:

Let the amount invested in account-1 be x and amount invested in account-2 be y.

Total mount invested in both accounts = $12,000

x + y = $12,000....[1]

Simple interest earned from account-1 at 7% interest:

$S.I=(x* 7* 1)/(100)=0.07x$

Simple interest earned from account-2 at 4% interest:

$S.I'=(y* 4* 1)/(100)=0.04y$

Total interest earned = $507.90

S.I + S.I' = $507.90

0.07x + 0.04y = $507.90....[2]

Solving both equations , we get x and y :

y = $11,070

x = $930

$930 was invested in account-1 at 7% interest rate and $11,070 was invested in account-2 at 4% interest rate.

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To survive and prosper, a business must gain and sustain ______ major competitive advantages over rival firms. A. as many as one hundred B. one C. at least several D. two E. at least fifteen

Answers

Answer:

C. at least several

Explanation:

Competitive advantage refers to a favorable situation or position a business enjoys over it's competitors owing to it's specialization or strength in performing a specific operation.

For example, in case of telecommunication, one company's competitive advantage could be superior network coverage with lower call drops than it's competitors.

In order to survive and grow, a business should try and gain competitive advantages in at least several fields and yet at the same time retain and maintain those competitive advantages over a period.

When creditors make a decision about approving an individual for a credit card, they consider an individual’s _____. collateral APY credit score debt-to-income ratio?

Answers

Answer: Credit score

Explanation:

Credit score: is the analysis that shows the study of a persons credit, it represent how credit worthy an individual is. It is an individual's credit report obtained through the credit bureaus.

Financial institutions, lenders, etc use credit scores to determine the level of risk involved in lending money to a particular individual or organization. It is also used to determine the level of revenue a customer can bring, it is widely adopted not just by bank but also other organizations too.

Credit score is the correct answer.

Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing individual and departmental goals, and generating financial analysis across departments and the enterprise as a whole for the executive team to review. Ben’s duties provide value-added to his company and would be categorized as occurring at the different information _____________.

Answers

Answer:

Information levels

Explanation:

Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing individual and departmental goals, and generating financial analysis across departments and the enterprise as a whole. Ben's duties provide value-added to his company and would be categorized as different information levels

Ben has to manage information on what we can say three different level; individual level which is developing individual goals, team or business unit , which according to the question is departmental goals and generating financial analysis across deparments and on a corporate level, which is the enterprise as a whole which will be reviewed by the executive teamand adding value to the company as a whole.

net primary production of the peruvian lowland rainforest is 2200 g/m^2/yr. assuming 60% of gross primary production is lost as autotroph respiration, the gross primary productivity of the forest is question 16 options: 880 g/m^2/yr 5500 g/m^2/yr 3666.67 g/m^2/yr 1320 g/m^2/yr 13,200 g/m^2/yr

Answers

The gross primary productivity of the forest is 5500 g/m^2/yr. The correct option is b.

The net primary production of the Peruvian lowland rainforest is 2200 g/m^2/yr, and 60% of gross primary production is lost as autotroph respiration. To calculate the gross primary productivity, you can use the following formula:

Net Primary Production = Gross Primary Production * (1 - Autotroph Respiration Percentage)

Rearrange the formula to solve for Gross Primary Production:

Gross Primary Production = Net Primary Production / (1 - Autotroph Respiration Percentage)

Substitute the given values:

Gross Primary Production = 2200 g/m^2/yr / (1 - 0.60)

Gross Primary Production = 2200 g/m^2/yr / 0.40

Gross Primary Production = 5500 g/m^2/yr

So, the gross primary productivity of the forest is 5500 g/m^2/yr. The correct option is b.

Learn more about Productivity: brainly.com/question/28984195

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When Arnold took a new position at Galbrook Manufacturing Company, the firm was near insolvency. One of Arnold's first acts was to establish specific goals for sales growth and a strategy for achieving them. He also changed the organizational structure and developed an elaborate control system for keeping the company on track. Arnold is functioning in a(n) ____ position at Galbrook Manufacturing.

Answers

Arnold is functioning in a managerialposition at Galbrook Manufacturing.

Explanation:

A non-managerial executive job is to look at the everyday tasks of the workers. Management jobs are those professions where the job responsibilities are to accomplish things through other people's work, instead of doing the primary oneself.

An Effective Manager is the one who is committed to working efficiently together with the staff, out of respect for the organization's good will and target achieving strategy. This post always show some real respect and kindness for the employees under post.

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