The number of years it would take to have over $6,300 is 6 years.
Simple interest is a type of interest in which interest is earned only on the amount of money deposited.
The formula that can be used to determine the number of years is: Interest / (principal x interest rate)
Interest = $6300 - $4,200 = $2100
Time = $2100 / ($4200 x 0.085)
2100 / 357
Time = 5.88 = 6 years
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If you decide to advertise in a newspaper, which tip could be used to help you write an effective and appealing ad?
If you decide to advertise in a newspaper, the tip that could be used to help you write an effective and attractive ad is to create a headline that catches your target audience's attention, as this is the first contact with your ad that may cause interest in advertising.
Some tips for writing an effective ad in a newspaper are:
Determine the target audienceDetermine ad contentBuild a good layoutOffer unique opportunitiesCall consumers to actionTherefore, it is essential that when choosing the channel where your ad will be published, you verify that it is the most appropriate channel to attract the attention of your audience.
In a newspaper, it is effective to use advertisements that portray urgency, opportunity, and calls to action.
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Liam has purchased a fee-for-service health insurance plan from Leroux Health Insurance. Plan A includes a $248. 00 monthly premium and an annual deductible of $5,500. 00 (not including co-pays). Liam is a fairly healthy young man. He visits his primary care physician three times a year on scheduled visits. He sees a chiropractic specialist every week to help with lower back pain. He has no current prescriptions that need refilling regularly. Assuming Liam maintains his regular visits with his primary care physician and his chiropractor, and avoids any trips to the emergency room or urgent care, how much will Liam pay in health care related fees this year?.
The amount that'll be paid by Liam in healthcare-related fees this year will be $6216.
Based on the information given, the monthly payment will be:
= $248 × 12
= $2976
She went to the specialist 52 times at 60 dollars. This will be:
= 52 × 60 = $3120
3 visits to the physician at $40 will be:
= $40 × 3 = $120.
Liam's total expenses will be:
= $2976 + $3120 + $120
= $6216
In conclusion, the correct option is $6216.
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Question 3
1 pts
Heather receives a phone call, in which an automated voice states that her credit card has been
used fraudulently and that she must enter her 16-digit credit card number, using the keypad of
her phone, to clear up the error. What should Heather do next?
O Hang up and wait for the end of her credit card billing cycle to see if there really was a fraudulent charge.
Enter the 16-digit card number, but don't enter her PIN or the 3-digit code from the back of the card.
Hang up and call her credit card company using the 1-800 number on the back of her card to inquire
about the issue or report the attempted phone fraud.
O Push O or say "operator" to speak with a representative from the credit card company instead.
0
in
The next step which Heather should take after she has gotten a fraudulent call asking for her credit card details is to hang up and call her credit card company using the 1-800 number on the back of her card to inquire about the issue or report the attempted phone fraud.
As a result of this, we can see that Heather was a target of an attempted phone fraud where a caller asks her to give her 16-digit credit card details so that the supposed error could be cleared up.
It is worth noting that this information can be used to steal money from her checking account and Heather would best not give out such sensitive details over the phone, but call the company to see if the call is really from them.
Therefore, the correct answer is option C
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You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim?
You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim? No, it does not support their advertising claim.
Lily is planning to sell her home, which she bought seven years ago for a total of $168,000. The property value has increased by 2. 5% each year for the past seven years. In the meantime, Lily has made improvements and renovations to the home which increase its sale value by $52,000. How much will Lily sell the home for, to the nearest hundred dollars? a. $261,500 b. $249,400 c. $267,000 d. $251,700.
The amount that Lily will sell the home for, to the nearest hundred dollars is d. $251,700.
First step is to calculate the amount using this formula
A=P(1+r)^n
Let plug in the formula
A=168,000(1+0.025)^7
A=168,000(1.025)^7
A=168,000(1.18869)
A=199,699
Second step is to calculate the how much will Lily sell the home for.
Selling price=$199,699+$52,000
Selling price=$251,699
Selling price=$251,700 (nearest hundred dollars)
Inconclusion the amount that Lily will sell the home for, to the nearest hundred dollars is d. $251,700.
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John wants to apply for a loan, with a Present Annuity due value of $3,500,568. 78 from a bank that charges 14. 28 % interest per annum, compounded monthly. If he can only be able to pay back $43,367. 21 per annum at the beginning of each year, When will John fully pay all of his debt to the bank?.
Based on the present value of the loan and the relevant interest rate, the time it would take to pay off the debt is 21 years.
First convert the interest rate to a monthly rate:
= 14.28% / 12
= 1.19%
To find the number of months it would take, use the NPER function in Excel as shown in the attachment.
The Number of periods is therefore 252 months.
In years this is:
= 252 / 12
= 21 years
In conclusion, it would take 21 years to pay off.
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What is a line extension?
Answer:
line extension is the use of an established product brand name for a new item in the same product category
Explanation:
The construction industry employs about ____ percent of the working people in the United States and Canada.
Alicia Tax Services paid $690 to settle an account payable. Which of the following general journal entries will Alicia Tax Services make to record this transaction? Multiple Choice Debit Office supplies expense, $690; credit Cash, $690. Debit Cash, $690; credit Office supplies, $690. Debit Office supplies, $690; credit Cash, $690. Debit Office supplies, $690; credit Accounts payable, $690. Debit Accounts payable, $690; credit Cash, $690
The general journal entries that Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.
Based on the information given since Alicia Tax Services paid the amount of $690 to settle an account payable which means that the appropriate journal entry to record the transaction will be:
Debit Accounts payable $690
Credit Cash $690
(To record account payable)
Inconclusion the general journal entries that Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.
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during the holidays you pick up some toys at target. when the cashier asks you, "do you need any batteries for these?" she is using a technique called:
The technique used by the cashier is suggestive selling.
Suggestive selling is a selling method used when an employee suggests or recommends an additional good that would suit an item purchased by a customer. suggestive selling is also known as add-on selling.
The aim of suggestive selling is to increases the sales of a company.
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a company that offers services for accessing and using the internet is
Answer:
An Internet service provider (ISP) is an organization that provides a myriad of services for accessing, using, or participating in the Internet.
1. Which of the following is INCORRECT?
Assets
Liabilities
Capital
$
$
$
i
ü.
18,270
9,340
15,160
12,230
5,290
3,120
6,380
1,390
12,980
6,220
7,780
10,840
111.
iv.
Answer:
HINDI KO PO GETPASYENSYA NA POKUNG SAAN UMAASA KAYO SASAGOT KO.
A limited partnership is an agreement between at least _____ general partner(s) and ______ limited partner(s).
It should be noted that a limited partnership is an agreement between at least one general partner and one limited partner.
A limited partnership can be regarded as a type of partnership that involves two or more partners entering into a business, even though there liability is amount of their investment.
However, there would be an agreement between them as regards the profits from the business.
We can conclude that limited partnership serves as an agreement that exist among at least one general partner as well as one limited partner.
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On September 1, Sky Mountain Company borrowed $200,000 on a 6%, 9-month note payable to Coast National Bank. Given no previous adjusting entries have been recorded, Sky Mountain's adjusting entry four months later at December 31 would include a:
Answer:
i dont get the question
Explanation:
the effect of an increase in the price level on the aggregate-demand curve is represented by a
Answer:
movement to the left along a given aggregate-demand curve.
Explanation:
Rashad doesn't want to spend time organizing his personal financial records. His spouse, Minos, thinks it is worth spending the time to get organized. What should Minos tell Rashad to convince him that organizing personal financial records is beneficial? OA It will be easier to manage daily business activities such as paying bills. OB. People who organize their personal financial records generally do not have to file taxes. OC They cannot lose money on investments as long as they keep good records. OD. Most banks offer a yearly cash bonus if clients have organized financial records.
What Minos should tell Rashad to convince him that organizing personal financial records is beneficial is: A It will be easier to manage daily business activities such as paying bills.
To convince her spouse of the importance of organizing personal financial records, Minos should tell Rashad that organization will help him to coordinate his daily business activities better.
He will not be at a loss of the whereabouts of his financial data.
Therefore, option A is right.
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1. The current exchange rate between the Japanese Yen and the US Dollars is 80:1. If a new
3D TV set in Tokyo costs 80,000 yen, how many US Dollars would you need to purchase the
TV?
Answer:
1,000 US dollars
Explanation: 80,000 divided by the 80-1 ratio would equal 1000$
80,000/80=1000
The current exchange rate between the Japanese Yen and the US Dollars is 80:1. You would need 1,000 US dollars to purchase the TV.
What is exchange rate?The price at which one currency will be traded for another is known as the exchange rate. Most often, currencies are national ones, but they can also be supra-national ones like the euro or sub-national ones like Hong Kong.
The rate at which one currency will be exchanged for another is known as the exchange rate. Some exchange rates are linked or fixed to the value of a particular country's currency, however most exchange rates are floating and will increase or decrease depending on market supply and demand.
You would need 1,000 US dollars to purchase the TV.
80,000 divided by the 80-1 ratio = 1000$
80,000/80=1000
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A market might have an upward-sloping long-run supply curve if:
Answer:
a. firms have different costs.
Explanation:
A market might have an upward-sloping long-run supply curve if
a. firms have different costs.
b. consumers exercise market power over producers.
c. all factors of production are essentially available in unlimited supply.
d. the entry of new firms into the market has no effect on the cost structure of firms in the market.
how to unclog a toilet
Answer:
Use a plunger
Explanation:
why is 10 cents earned far more valuable than a dollar found. Critical thinking.
One method used by some analysts to estimate the future value of a stock is the dividend growth model. This model would probably be most useful in the case of A) a small-cap stock B) a AAA corporate bond C) a preferred stock D) a large-cap stock
Answer:
I am sure that it is D. a large cap stock
Explanation:
Large cap stocks already have a positive growth sentiment and
based on how much dividends are paid out they can estimate the future
value of a stock.
Which factor could affect the relative value units of a procedure?
It should be noted that the factors that could affect the relative value units include the physicians work and practice expenses.
It should be noted that the relative value units of a procedure don't define the physician's compensation amounts directly.
The relative value units of a procedure define the value of a service. It includes physicians work, practice expenses, liability insurance expenses, etc.
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he fastest-growing sales trend is ________ that involves the use of online, mobile, and social media to engage customers, build stronger customer relationships, and augment sales performance. Personal selling Social selling Online selling Teleselling
Based on business strategy, the fastest-growing sales trend is Social Selling that involves the use of online, mobile, and social media to engage customers, build stronger customer relationships, and augment sales performance.
What is Social Selling?Social selling is method business firms use to establish one-on-one relationships with their customers as one of the strategies to enhance their sales rates.
Examples of social selling techniquesSharing appropriate contentCommunicating directly with potential consumersPersonal brandingSocial listening, etc.Hence, in this case, it is concluded that the correct answer is "Social Selling."
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Paul obtains a $300,000 mortgage loan a 5/1 interest-only ARM with a 10 year balloon at a 3% start rate, a 2% margin, and 2/6 caps. The initial monthly payment for the loan is $750. On the anniversary date of the loan, the index being used adjusts as follows: Year 1: 2.50% (initial year); Year 2: 2.75%; Year 3: 3.25%; Year 4: 3.50%; Year 5: 3.75%; Year 6: 3.00%; Year 7: 2.80%; and Year 8: 5.00%. What will be Paul's monthly payment in year 4
Paul's monthly payment in year 4 is $1,050.
Data and Calculations:
Mortgage loan = $300,000
Mortgage term = 10 years
5/1 interest-only ARM rate = 3%
Interest margin = 2%
Interest caps = 2/6
Initial monthly payment = $750
The index adjustment is as follows:
Year 1 2.50% (initial year)
Year 2 2.75%
Year 3 3.25%
Year 4 3.50%
Year 5 3.75%
Year 6 3.00%
Year 7 2.80%
Year 8 5.00%
Thus, Paul's monthly payment in year 4 is $1,050 ($750/2.50% x 3.50%).
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How can the Early Modern English expression "unfold yourself" be paraphrased to better understand its meaning? put your arms up turn around remove your cape explain yourself.
The way the Early Modern English expression "unfold yourself" can be paraphrased to better understand its meaning is:
By explaining the context in which it was used and how it means that a person should reveal himself.This Early Modern English expression is used in the play Hamlet by Shakespeare where a character was wearing a cape and was asked to "unfold himself" which meant to reveal himself.
This is important to note that while this was the original context in which the phrase "unfold yourself" was used, it can also be used to tell a person to be more elaborate about something but evidently means that a person should remove his cape.
With this in mind, this can be paraphrased in this sense:
Andrew, unfold yourself, I need to see who I am speaking to.Therefore, the correct answer is Remove your cape, option C.
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The English modern expression unfolds yourself generally means to explain or elaborate ourselves. The terse lines are given from the Shakespeare play, Hamlet.
The word paraphrased in the hamlet play is used for removing cape rather than explaining yourself.
What are the uses of unfolding yourself?In modern English, unfolding yourself generally refers to revealing something or spread out from a folded state.In the context above, the lines are used from the play Hamlet. In the opening scene of the play, Franciso uses the term 'unfold yourself' which means to remove the cape.
Thus, the correct option is C.
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Pls help Which of the following is not an example of in-kind assistance? (1 point)
Low Income Home Energy Assistance Program
O
National School Lunch Program
O
Social Security income
Supplemental Nutrition Assistance Program
Answer:
The Answer is Social Security income
Explanation:
I know this is correct because I just finished the quick check this question was in.
Social Security income is an example of in-kind assistance as in this program the government supports the low-income people and the people with major disabilities.
What is in-kind assistance?
When someone is receiving in-kind support when one offers other a service, supplies, or free assistance. In-kind support is when another group provides free office equipment or meeting space.
The use of a company car or van, private medical insurance paid for by the employer, and the employer helping the employee to transfer the work are examples of in-kind assistance.
Thus, Social Security income is the not correct option for in-kind assistance.
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At the parade yesterday, Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.
Select the system of equations that represents this situation. Let p represent the price of pink lemonade, and let t represent the price of iced tea..
Answer:
hi
Explanation:
hi
Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.The system of equations that represents this situation will be 90=24(t+1.75t)+16(t), where t= price of iced tea.
What is food?A food is a substance that basically consists the essentials which are needed for survival of a living being like protein, carbohydrate, fat, and other nutrients.
The food or the nutrients is used by the body of an organism to sustain growth and for doing vital processes and to give energy to work. The absorption and utilization of food by the body is important for nutrition and is facilitated by digestion.
The autotrophs or green plants, which convert solar energy to food by the process of photosynthesis, are the main primary source of food for most of the living beings in the earth.
The food is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth.
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Kevin works for a company which produces printers. A printer sells for $163. 95 and costs $48. 28 to produce. In one month, Kevin’s company sold 427 printers, earning a profit of 22,599. 9. How great were the company’s non-production overhead expenses, to the nearest dollar? a. $13,410 b. $20,616 c. $24,809 d. $26,792.
The company's non-production overhead expenses is $26,792.
The first step is to determine the net profit from selling the printers.
Profit = (selling price - cost price) x number of printers sold
(163.95 - $48.28) x 427
= 115.67 x 427
= $49,391.09
The second cost is to determine the difference between the profit calculated above and the profit given in the question:
$49,391.09 - 22,599. 9 = $26,792
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Wilbur has $800 to open a checking account. He can maintain a minimum balance of at least $500. He plans to use the ATM twice a month and he maintains a savings account at the same bank. His employer has direct deposit and he sometimes overdrafts his account. Bank Account Terms and Conditions Bank Account terms and conditions. Bank A is best for Wilbur. Wilbur wants a checking account with the lowest fees. Which checking account would be best for Wilbur? Account A Account B Account C Account D.
Answer:
Account A
Explanation:
It should be noted that the checking account that would be best for Wilbur is Account A.
A checking account simply means a type of bank account that allows one to easily deposit and withdraw money to carry out transactions.
From the complete information, it can be noted that Wilbur wants a checking account with the lowest fees. Therefore, the best option that should be chosen is Account A.
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Which of the following statement is false?
A. A distributed ledger contains many copies of the same ledger.
B. A distributed ledger stores the same set of transaction records.
C. Because a distributed ledger exists in a blockchain network, a computer consisting of all transaction records may crash and cause the syncing issue in the blockchain network.
D. A transaction record cannot be added to the blockchain unless there is network consensus.