BUSINESS HIGH SCHOOL

When Terry retired from Caterpillar, he received a pension: Caterpillar would pay him $50,000 the first year he was retired, with the amount increasing by 5 percent each year thereafter. If inflation turned out to be 2 percent each year, what would happen to the real value of Terry's pension? A. It would decrease each year by 5 percent. B. It would increase each year by 3 percent. C. It would increase each year by 5 percent. D. It would decrease each year by 3 percent.

Answers

Answer 1

Answer:

B. It would increase each year by 3 percent.

Explanation:

Given

Pension = $50,000 in first year

Increment = 5%

Inflation = 2%

Inflation doesn't only affect the value of an investment, it also influence the liabilities of a pension fund.

Consider a pension plan which gives a worker a benefit based on final average salary; A slight increase in the inflation would reduce the worker's real benefits in the years after retirement.

So, instead of Terry's pension to increase by 5% each year,

It'll increase by 3%

This is calculated by subtracting the inflation rate from the real increment rate.

5% - 2% = 3%

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Zachary, a college student, watches a financial show on television. The host is a well-known financial advisor. He is talking about borrowing from a 401 (k). This information is _____.reliable and relevant
unreliable and relevant
reliable but irrelevant
unreliable and irrelevant

Answers

Answer:

Reliable but irrelevant

Explanation:

The information is reliable because he is a well known financial advisory but it is irrelevant because what he is talking about wont help Zach as a collage student

Answer:

The answer is reliable but irrelevant

Explanation:

What is a job outpost?

Answers

Job outpost is also known as job openings. It is usually posted on job listing websites or news papers. Job outpost is both advantage to employers and workers since its the easiest way to find a job and find an employee.

Simone is writing a cover letter to Casey Jones, and is unsure of the employers gender. How should she address her letter?

Answers

If Simone is writing a cover letter to Casey Jones, and is unsure of the employer's gender, the way she should address her letter is Dear Casey Jones, so as to avoid using Mr. or Mrs.

Dear Casey, Jonas is the answer.

Simone can address her cover letter like Dear Casey Jonas and also if she is unsure of the employer's gender.

Further explanation:

Cover letter:

It is an introduction to a letter.
It is provided with the resume.
It is additional information on our skills and qualification.
It makes the employer’s work easy.
An employer can easily go through the cover letter to whom he/she is interestedin taking the interview.

Address of a cover letter:

The address of a cover letter should be formal.
The address of a cover letter should not have used unprofessional words like hey.
The address must be written with the word dear and after the word, dear, the name of the individual or the employer. Dear Xyz can be written if the name of the individual is Xyz. This seems professional.

Thus,a cover letter can be addressed as Dear Casey Jonas, if Simone is unsure of the employer’s gender.

Learn more:

1. Learn more about cover letter:

brainly.com/question/1474479

2. Learn more about thank you letter:

brainly.com/question/807913

3. Learn more about cover letter:

brainly.com/question/1235978

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Human Resource Management

Keywords:Simone is writing a cover letter to Casey Jones, and is unsure of the employer’s gender, how should she address her letter, introduction, unprofessional.

What is the difference between a salaried job and an hourly job?

Answers

The difference is that they all not the same thing and they work different times and everything else

Salaried employee can have some benefits like healthcare insurance. Hourly employee don't have it

Advances in wireless communication technology reduce the non-financial costs of long commutes: People who ride trains can get work done, and people who drive cars have more entertainment options. Given this information, which of the following will be an effect on the geographic area of cities?

Answers

A. The total cost of commuting from any given distance to work will reduce because the indirect cost of the commute will fall.

B. The total cost of commuting from any given distance to work will increase because the indirect cost of the commute will rise.

C. The total cost of commuting from any given distance to work will reduce because the direct cost of the train ticket will fall.

D. The total cost of commuting from any given distance to work will increase because the direct cost of the train ticket will rise

Answer:

A. The total cost of commuting from any given distance to work will reduce because the indirect cost of the commute will fall

Explanation:

Technological advances in wireless communication technology, would reduce the indirect cost of long commutes from any given distance which would cause a reduction in the total cost of commuting, as a function of the effect of geographic area of cities. Direct cost of train ticket would not be affected as the efficiency of the services that train and car riders would offer would increase, as well as the satisfaction they would also enjoy from such technological advances.

Susan is afraid that someone stole her identity using the details she provided for an online credit card application. Which agency can she complain to?

Answers

Susan can complain to the Federal Trade Commission. The agency is responsible for giving her an Identity Theft ID signifying that she may be a victim of identity theft. Susan can then bring her report to the police so that proper action can be taken.

The correct answer is the

Federal Trade Commission

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