Answer:
▪︎Products and Services That Fit Your Needs.
▪︎Security for Your Money.
▪︎Convenient Access to Your Cash.
▪︎Minimal Fees.
Explanation:
Assuming a country's economy maintains an 8% rate of growth, young adults starting at age 20 would see the average standard of living in their country more than double by the time they had reached age
Answer:
A) 30
Explanation:
to determine in how many years the economy will double with an 8% growth rate, we can use the rule of 72. The rule of 72 basically works by dividing 72 by the compounding growth rate to determine the number of years it will take an investment to double.
The rule of 72 works well when growth rate is between 6-10%, at 8% it is quite exact. For lower growth rates you should use the rule of 70 which is basically the same but instead of using 72, you use 70. For growth rates over 10% you should use 69.3.
the number of years for the economy to double = 72/8 = 9 years, so 9 plus 20 = 29 years. Since the question asks at what age the economy should have more than doubled, it would be a little over 29, and in this case it is 30.
You can always check which number is more exact calculating 1.08⁹ = 1.999
Which of the following is the best example of a law?
OA. You can't spend more money that you earn.
O B. You should not make promises you can't keep.
C. Teachers must retire at age 65.
D. You may not ask an interviewee if he or she is married or has
children.
The best example of a law is that C. Teachers must retire at age 65.
What is law?It should be noted that law simply means the system of rules that guide or govern a group of people.
In this case, the best example of a law is that the teachers must retire at age 65. This guides them.
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Rank order the vendors keeping the seasonal products team’s needs in mind
The vendor that can change the seasonal demand of the product is Vendor V.
What is the meaning of Seasonal Product?
Seasonal Product refers to the product whose requirement occurs that the time of the season. For Example:- Requirement of the woolen clothes at the time of the winner season.
The complete question is attached below.
The team behind the seasonal product should think about using or taking Vendor V. This is due to their performance as per the diagram attached below.
It can be noticed that their performance is superior in every parameter listed in the table. Vendor V is enhancing the performance of all four elements in every parameter and is able to quickly adapt to seasonal variations.
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in your community on the negative impact of strikes as a socio economic issue on businesses
Explanation:
hooliganism
increase in poverty
insufficient revenue
decrease in productivity
An opportunity cost is best described as:
Answer :
You can describe it in relation to a particular activity which is the loss of value or benefit that would be incurred (the cost) by engaging in that activity, relative to engaging in an alternative activity offering a higher return in value or benefit.
hope this helps..
Answer:
The Alternative Forgone
Explanation:
The opportunity cost simply tells us what you have to give up in other to get something else. For instance, if you have $100 to get either a phone or a console. If you eventually get the console, the opportunity cost is the phone that you have forgone.
Santoro co produced a draft statement of the financial position at the year end which showed the owners equity of 4,50,000. It was later discovered however that the following transactions which all occurred on the last day of the financial year had not been taken into account. 1) Property which cost 3,26,000 had been revalued to 3,86,000 2) Inventories which cost 26,000 had been sold on credit for 31,000 3) The owner withdrew 22,000 in cash. 4) The trade receivable paid the amount owing of 23000 in full what will be the revised figure for owners equity after the above transactions are taken into account?
Based on the revisions to the statement for Santoro Co., the revised figure for the owner's equity would be $493,000.
What is the new figure for owner's equity?The revised figure can be found as:
= Beginning owner's equity + (Property readjustment) + Inventory readjustment - Withdrawals
Solving gives:
= 450,000 + (386,000 - 326,000) + (31,000 - 26,000) - 22,000
= $493,000
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A key difference between an IRA and keogh plan is:
a) you may withdraw your money early from a keogh plan without penalty, but not from an IRA
b) you may contribute more to a keogh plan than to an IRA
c) self-employed individuals may open an IRA, but not a keogh
A key difference between an IRA and a Keogh plan is you may contribute more to a Keogh account than to an IRA.
What is a Keogh account?An account, the facility of which is granted to self-employed professionals who are involved in sole proprietorship and partnership businesses for the purpose of retirement plans and benefits is known as a Keogh Account.
An IRA, on the other hand, is a facility provided to employed individuals or professionals for the better management of their retirement plans and benefits.
Hence, option B holds true regarding a Keogh Account.
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