Gabrielle should recommend that Uncle Louis open the tax-free savings account. Gabrielle should inform Uncle Louis that the value of the account after ten years would be approximately $10,996.31 if the interestrate is 4.0 percent compounded annually.
Gabrielle must calculate which of the accounts offers a better return on his savings given that he is in the 28 percent marginal tax bracket. Firstly, the taxable savings account provides a yield of 9.5 percent. After accounting for taxes, the after-tax yield would be: 9.5% × (1 – 0.28) = 6.84 percent.
As the name implies, this account is tax-free, which means there is no tax liability. As a result, the after-tax yield is 7 percent. Given the above, the tax-free savings account offers a better return on Uncle Louis' savings.
Therefore, Gabrielle should recommend that Uncle Louis open the tax-free savings account.
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Answer:
The correct answer is letter "D": Leading.
Explanation:
Leading implies setting the example among the subordinates so the leader's work influence provides power without the need for enforcement. Leaders do not only cover the managerial duty of organizing a firm but they are involved in the development of the subordinates which is likely to increase their efficiency and the organization's productivity.
Answer:
D) overhead
Explanation:
Overhead costs are the fixed costs or indirect costs or a project. This means that they are not directly related to the production process or the delivery process. Overhead costs are divided into:
Depending on the project's scope and required tasks, projects can be crashed to reduce both direct and indirect (overhead) costs. Shorter project schedules can result in lower overhead costs, even if the direct costs are not affected, e.g. less rent, less supervisors, shorter equipment leasing times, etc.
Answer:
Overhead costs
Explanation:
When high overhead costs are recognised before project starts there will be a need to manage them. Since overhead cost increase as duration of project increases, reduction in project duration will go a long way in reducing cost incurred.
Overhead costs can include wages, rent, utility bills, maintenance costs and so on. They can also be reduced when costs that are not adding value is recognised.
B. Its advertisements
C. Partnership contracts
D. A business plan
B. how different markets affect one another
C. the behavior of economics on a large scale
D. why a specific consumer made a specific choice
answer:
The null hypothesis, denoted as H0, is a statement that assumes there is no significant difference or relationship between two variables. In this case, the null hypothesis is that the average hourly cost is $35.00.
The alternate hypothesis, denoted as Ha, is a statement that contradicts the null hypothesis and suggests that there is a significant difference or relationship between two variables. In this case, the alternate hypothesis is that the average hourly cost is less than $35.00.
To determine if the data supports the claim that the average hourly cost is less than $35.00, we need to perform a hypothesis test. The test statistic used for this type of hypothesis test is the z-score.
The formula for calculating the z-score is:
z = (x - μ) / (σ / √n)
Where:
x is the sample mean (in this case, $32.50)
μ is the population mean (in this case, $35.00)
σ is the population standard deviation (in this case, $8.10)
n is the sample size (in this case, 18)
Calculating the z-score:
z = (32.50 - 35.00) / (8.10 / √18)
z = -1.50 / (8.10 / 4.2426)
z ≈ -1.50 / 1.9109
z ≈ -0.7851
The test statistic is approximately -0.7851.
Now, we need to compare the test statistic to the critical value in the z-table. Since we are testing if the average hourly cost is less than $35.00, we are performing a one-tailed test with a significance level of 5%.
Looking up the critical value in the z-table, we find that the z-value corresponding to a significance level of 5% is approximately -1.645.
Since the test statistic (-0.7851) is greater than the critical value (-1.645), we fail to reject the null hypothesis. This means that the data does not support the claim that the average hourly cost is less than $35.00 at a significance level of 5%.
To summarize:
1. The alternate hypothesis is: Ha: μ>35
2. The test statistic is: -0.7851
3. For a significance level of 5%, the null hypothesis could be rejected?: b. No, because the test statistic is greater than the z in the table.
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