To match the online bank's 10% APR with daily compounding, you would need to earn approximately 10.25% interest every six months in your local bank account.
To calculate the interest rate needed to match the online bank's 10% APR with daily compounding, we need to convert the annual interest rate to a semi-annual rate and then find the equivalent interest rate for a six-month period.
Online bank's APR = 10% (with daily compounding)
Step 1: Convert the annual interest rate to a semi-annual rate:
The annual interest rate of 10% needs to be divided by 2 to obtain the semi-annual rate.
Semi-annual rate = Annual rate / Number of periods per year
Semi-annual rate = 10% / 2
Semi-annual rate = 5%
Step 2: Calculate the equivalent interest rate for a six-month period:
Since the local bank pays interest every six months, we need to find the interest rate that will yield the same return over a six-month period as the online bank's daily compounding rate.
To calculate the equivalent interest rate, we can use the formula:
Equivalent interest rate = (1 + Semi-annual rate)^(Number of periods per year) - 1
Equivalent interest rate = (1 + 5%)^2 - 1
Equivalent interest rate = (1.05)^2 - 1
Equivalent interest rate ≈ 10.25%
Therefore, to match the online bank's 10% APR with daily compounding, you would need to earn approximately 10.25% interest every six months in your local bank account.
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Fiscal policy is likely to fail to correct stagflation in an economy because _____ a. it affects aggregate supply only, but only aggregate demand needs to be changed. b. it affects aggregate demand only, but aggregate supply also needs to changed. c. it affects both the aggregate demand and supply, but only aggregate demand needs to be changed. d. it affects both the aggregate demand and supply, but only aggregate supply needs to be changed. e. it affects either aggregate demand or aggregate supply, but both need to be changed simultaneously.
Answer:
b. it affects aggregate demand only, but aggregate supply also needs to be changed.
Explanation:
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.
Fiscal policy is likely to fail to correct stagflation in an economy because it affects aggregate demand only, but aggregate supply also needs to be changed.
what describes a situation when poor risks are balanced with preferred risks, and average risks are in the middle?
The answer is Profitable distribution of exposures in Risk Distribution strategy
What is Risk distribution strategy?
The forecast of the probability distribution of market values is referred to as the "Distribution of Exposures" and is created by putting predicted instances of negative net market values equal to zero.
When undesirable risks are counterbalanced by desirable risks, with "average" or "standard" risks in the middle, a lucrative distribution of exposures (or spread of risk) results. This risk distribution strategy is intended to shield the insurer from unfavourable selection. One of the fundamental tenets of insurance is this.
The term "risk distribution," which is used in discussions about tax deductibility, requires that sufficient independent risks from unrelated parties be pooled to invoke the actuarial law of large numbers.
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hey can u someone tell me about this app cause im new plzz
This app is brainly it can help you with school work homework or extra credit if you ask for help but you can also help other people with their work or questions.
You can mark people with a crown give them thanks by pressing the heart button and rate their answers.
If gas costs $3.05 per gallon and you purchase 18.875 gallons, how much will you spend?
Answer:
You will spend about 57.57 gallons (57.568 to be exact)
Explanation:
Multiply $3.05 with 18.875 gallons to get the total
Answer:
6.18
Explanation:
one gallon= $3.05
gas in 18.875 gallons= 18.875 /3.05
= 6.18
Choose a real or made up example of a company, and describe at least three fixed costs the company has. (1-3 sentences. 1.5 points)
Answer:
Dominos also has many fixed costs. Some examples include rent, ovens, and refrigerators.
Explanation:
The fixed cost remains the fixed it never be changed.
Fixed cost;It is the cost that should be the same whether the production level increased or not. If we take an example of dominos, so here the fixed cost could be in form of rent, ovens, refrigerators. It is the part of the organization expense.learn more about the fixed cost here: https://brainly.com/question/2339078
Lifetime goals are the vision that you have of how you want to live, work, play, and thrive during your entire life, rather than a goal that’s focused on _______________.
A.
making friends
B.
owning a business
C.
achieving something
D.
losing weight
Answer:
B
Explanation:
may be the answer is B.
owning a business!
Explain the significance of profit equaling zero when calculating a break-even point
Answer:
profit equal zero defines the break-even point
Explanation:
By definition, the break-even point is the point where profit is equal to zero. The significance is that zero profit defines the break-even point.
Which characteristic gives the term preference shareholder its distinct name?
Preferred shareholder gets its name from its unique feature that shareholders of such shares are given first preference in terms of payment in case the business_____.
Answer: dividends
Explanation:
Dividends are not liability of the firm. The preferred dividends are differed. The dividends and preferred dividends must be paid to the individual stakeholders so that equal share share can reach out to the individual owner before the common shareholders can receive any monetary gain. Dividends are the taxes that are not included in the business expenses but it is included as corporate tax. The dividends by the shareholders are included with the tax.
Answer:
shuts down
Explanation:
If the U.S. dollar price of the euro decreases, then
the U.S. dollar has depreciated.
the U.S. dollar has appreciated.
the euro has appreciated.
both the euro and the U.S. dollar have appreciated.
both the euro and the U.S. dollar have depreciated.
If the price of a euro in US dollars falls, the euro's value has increased relative to the United States dollar. This suggests that the value of the US dollar is Depreciation relative to the euro.
What does the term "diminish" mean?Definition: With time, use, wear and tear, or obsolescence reduce an asset's value. Other variables, such as poor market conditions, etc., may also contribute to depreciation, or a decline in an asset's value.
What does "depreciate" mean in practice?The depreciation rate is the annual percentage of the total amount depreciated. For instance, if a business depreciated an asset at a rate of $15,000 per year and had a total depreciation of $100,000 during the equipment's anticipated lifespan. The annual percentage would therefore be 15%.
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Résumé search programs often search for _____. a. nouns b. verbs c. adjectives d. participles
Answer:
noun
Explanation:
indeed
Resume search programs often search for noun. A resume keyword scanner is software that job posting sites use to search resumes for certain keywords.
What is Resume?A resume is a formal document created by a job seeker to list their qualifications for a particular position.
A customized cover letter is typically included with a resume, in which the candidate expresses interest in a certain job or organization and highlights the most essential data on the resume.
Thus, option a, Noun is correct option.
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Prompt What is an economy?
Answer:
An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.
1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
When you plan a presentation, how should you make sure you stay on track as you talk?
A. Make a list of general topics and points you want to cover.
B. Write out every word of the presentation on notecards.
C. Memorize every word of the presentation in your head.
D. Have the audience tell you what else you need to talk about.
Answer:
A make a list
Explanation:
Answer:
It's A. Make a list of general topics and points you want to cover.
Explanation: hope it helps ^w^
ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate
Answer:
understanding the interest rate
Explanation:
i took the test
Madeline’s friends invited her to go to Cancun next year for vacation. She really wants to go, but she’s not sure if she can afford the $1,000 trip. She has $500 saved in her dresser and has one year to save the rest, but she’s not sure where to keep her money so she can maximize her savings. What is the best savings strategy for Madeline and why?
The best type of savings that Madeline would have would be the certificate of deposit.
What is savings?This is the action that has to do with actively saving up money or keeping money periodically for use at a later time period. The money that is kept is basically to be able to take care of unforeseen circumstances that may arise in the life of the person.
The certificate of deposit is the type of strategy that Madeline would be using to save up her money. This is because this strategy has a way of taking care of the issues that may come around later and still give her the the fixed time at the higher rate that would make her to leave the money for a year and still work for the other sum.
The best type of savings that Madeline would have would be the certificate of deposit.
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Discuss Ford’s transitions through CEOs. Why was Mark Fields
replaced by Jim Hackett? Why was Jim Hackett replaced by Jim
Farley? What was the main strategies of Bill Hackett? Bill Farley?
How did t
Ford’s transitions through CEO is a long and complex history. The automaker has had its ups and downs, especially with changing CEOs.
Ford has experienced various CEO transitions that have affected its growth and development over the years. This response will outline the transitions of CEOs and their corresponding strategies that impacted the company's progress.
Alan Mulally was the CEO of Ford before Mark Fields. During his time as CEO, Mulally developed a plan known as the "One Ford" plan. The strategy focused on streamlining the company's global production capabilities and automating its products.
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Which of the following is a risk banks should prepare for?
A.
Falling interest rates
B.
Borrowers who don't pay back loans
C.
Too many people requesting loans
D.
People switching to online transactions
Borrowers who don't pay back loans.
#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
The data in figure 5. 1 are clear: in terms of after-tax income in the u. S. Between 1979 and 2006:
The data in figure 5.1 are clear: in terms of after-tax income in the U.S. between 1979 and 2006, there is a significant income gap between the highest and lowest earners.The distribution of income after tax in the United States of America between the years of 1979 and 2006 are indicative of a considerable income inequality.
This income gap is clearly seen in the data from Figure 5.1. During the 1979-2006 period, the after-tax income of the highest earning individuals in the United States significantly increased. Conversely, the after-tax income of the lowest earning Americans did not significantly improve during this period.
The income gap in the United States has grown considerably, leading to a substantial inequality in terms of the distribution of income between the highest and lowest earners.
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How do i say this question in my own words and use examples from the textbook!
In what ways does the United States Constitution manifest the principles of both republican and democratic forms of government? In what ways does it deviate from those principles? (chapter 7)
The United States Constitution embodies both republican and democratic principles, promoting representative government and protecting individual rights.
The United States Constitution reflects republican principles through its establishment of a representative government. It incorporates a system of elected officials, such as the President, Congress, and state governments, ensuring that power is derived from the people and exercised by their chosen representatives. This republican feature allows for the participation of citizens in decision-making processes through regular elections.
Additionally, the Constitution upholds democratic principles by protecting individual rights and promoting the rule of law. It includes the Bill of Rights, which safeguards fundamental freedoms, such as freedom of speech, religion, and assembly. The Constitution also guarantees due process and equal protection under the law, ensuring fairness and equality for all citizens.
However, the Constitution deviates from these principles in some respects. For instance, the original Constitution did not grant voting rights to all citizens, as it initially limited suffrage to white male property owners. Over time, constitutional amendments expanded suffrage to include women, African Americans, and 18-year-olds, aiming to align the Constitution with democratic ideals of universal suffrage.
Furthermore, the Constitution incorporates various checks and balances, which can be seen as both republican and democratic in nature. While these mechanisms prevent the concentration of power and ensure representation, they can also hinder direct democracy and prompt policy gridlock.
Overall, the United States Constitution embodies republican and democratic principles through representative government and protection of individual rights. Nonetheless, it has undergone changes and adaptations to better align with democratic ideals, while balancing the need for stability and effective governance.
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The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
Identify John Rawls and Robert Nozick's theories with two specific impacts of each of the theories on business and industry. Thoroughly explain your rationale. You may use the business or industry in which you are currently employed
John Rawls and Robert Nozick were two influential political philosophers who presented contrasting theories regarding justice and its application in society. Let's explore their theories and their potential impacts on business and industry.
John Rawls is known for his theory of justice as fairness, as outlined in his book "A Theory of Justice." Rawls argued for the principles of distributive justice, focusing on ensuring fairness and equality of opportunity in society.
1. Impact of Rawls' Theory on Business and Industry:
- Reducing Income Inequality: Rawls' theory emphasizes the fair distribution of resources and opportunities. In the business context, this could lead to efforts to reduce income inequality within organizations. Companies may strive to implement fair wage policies, ensuring that employees receive just compensation for their work.
- Promoting Corporate Social Responsibility (CSR): Rawls' theory highlights the importance of considering the needs of the least advantaged in society. In response, businesses may be more inclined to engage in CSR initiatives, such as philanthropy, community development programs, and ethical business practices, to address social and economic disparities.
Robert Nozick, on the other hand, presented a theory of justice based on libertarian principles in his book "Anarchy, State, and Utopia." Nozick argued for the primacy of individual rights and the importance of minimal government intervention.
2. Impact of Nozick's Theory on Business and Industry:
- Emphasizing Free Market Capitalism: Nozick's theory aligns with the principles of free market capitalism, which can have a significant impact on business and industry. It may encourage limited government intervention and regulation, allowing businesses more freedom to operate and innovate within the market.
- Protecting Property Rights: Nozick's theory places a strong emphasis on property rights. In the business context, this could lead to a greater focus on protecting intellectual property, fostering innovation, and providing incentives for businesses to invest in research and development.
Rationale:
The impact of Rawls' and Nozick's theories on business and industry is subjective and depends on the specific context and societal values. Rawls' theory emphasizes social justice, fairness, and equality, which could influence businesses to adopt more inclusive and equitable practices. Nozick's theory, on the other hand, prioritizes individual rights and limited government intervention, potentially fostering entrepreneurship, innovation, and economic freedom.
In my current employment in the technology industry, Rawls' theory may encourage initiatives such as equal pay policies, diversity and inclusion programs, and social impact projects aimed at reducing inequality. Nozick's theory could support the protection of intellectual property rights and the promotion of a competitive market environment that fosters innovation and economic growth.
It is important to note that the practical application of these theories in business and industry may vary, and a balanced approach considering various ethical perspectives is often necessary for a comprehensive understanding of justice and its implications in organizational contexts.
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Choose the correct answer. The RSA public-key cryptosystem can be used to achieve the following objectives. (a) Exchange a secret key over the Internet. (b) Perform message origin authentication. (c) Perform digital signatures. (d) All of the above. (e) None of (a), (b) or (c). (f) Both (a) and (b). (g) Both (b) and (c) (h) Both (a) and (c)
The correct answer is (d) All of the above. The RSA public-key cryptosystem is a versatile encryption algorithm that can be used to achieve multiple objectives.
(a) It can be used to exchange a secret key over the Internet by encrypting the key with the recipient's public key, ensuring secure communication between parties.
(b) It can perform message origin authentication by using digital signatures. A digital signature created with the sender's private key can verify the authenticity and integrity of the message, allowing the recipient to validate that it was indeed sent by the expected sender.
(c) It can also perform digital signatures, allowing the sender to sign a message with their private key to provide integrity, authenticity, and non-repudiation.
Therefore, the RSA public-key cryptosystem is capable of achieving all of these objectives.
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Categorize each of the following characteristics as being either more representative of a traditional organization or a lean organization.
a. Manufacturing plants tend to be organized with self-contained production cells.
b. Maintain greater quantities of raw materials, work in process, and finished goods inventories.
c. Setup times are longer.
d. High quality is stressed in every aspect of production.
e. Produce in smaller batches.
f. Emphasis is placed on shortening manufacturing cycle times.
The above characteristics have been classified as belonging to the traditional or lean organizations as follows:
Traditional - B. Maintain greater quantities of raw materials, work in process, and finished goods inventories.Traditional - C. Setup times are longer.Traditional - A. Manufacturing plants tend to be organized with self-contained production cells.Lean - E. Produce in smaller batches.Lean - F. Emphasis is placed on shortening manufacturing cycle times.Lean - D. High quality is stressed in every aspect of production.Meaning of Lean and Traditional OrganizationsA traditional organization is a business structure that has many workers and departments. They take time to set up and have a large inventory.
Lean businesses, on the other hand, produce in small batches and place emphasis on quality.
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Melody's Crafts 'N Things
Andrea works for a retail shop called Melody's Crafts 'N Things. Andrea was often quite rude to customers when they annoyed her. One morning, her supervisor asked Andrea into her office and informed her that her behavior was unacceptable. To be rude to one customer could cause several customers not to come back. Andrea's supervisor told her that retaining a customer is much cheaper than trying to get a new one. After their constructive discussion, Andrea's boss told her that she wanted her to go out on the floor that day and attempt to be more helpful to customers.
Over the next few months, Andrea began to help customers learn more about the different products in the store and often explained why the customer might want to purchase one product over another. In doing so, she realized the importance of her role in the retail shop and began to truly enjoy her job. She started to think about the future of the company. She even thought that the company could do very well if it were to sell its products on eBay. When she brought this idea to her boss, her boss thought it was excellent, and asked Andrea to look further into the pros and cons of her idea.
After evaluating Andrea's research, her boss decided to move forward with the idea, asking Andrea to head up this new venture for the company. Andrea then realized that retail is not just about making the sale; the customer should be the focus of all operations. Andrea now looks up to her boss, and is very glad that she was there to mentor her.
Refer to Melody's Crafts 'N Things. Doing business on eBay allows an entrepreneur to
a. develop a business-to-business selling model.
b. create place utility.
c. find out what works, fast.
d. explore producer markets.
e. develop form utility.
Doing things on E-bay like Andrea did allows an entrepreneur to develop place utility.
The right answer is option B.What is place utility?This can be described to be a type of marketing strategy that involves the fact that goods and services would easily be available for the consumers to have access to.
This is one of the the things that this concept allows entrepreneurs do.
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if walmart purchases a manufacturing plant to produce nothing but walmart's dealer brand of laundry detergent, walmart is engaging in
Vertical integration is what occurs when Walmart buys a manufacturing facility to create only its own brand of laundry detergent.
A company must directly own its suppliers, distributors, and retail stores in order to have more control over its supply chain.
Benefits could include enhanced distribution or manufacturing procedures, decreased costs, and better control.
Vertical integration usually necessitates large monetary outlays upfront, which may reduce a company's flexibility over time.
Forward integration refers to a vendor's attempt to buy a company lower in the supply chain (i.e. acquire a retailer).
When a vendor wants to acquire a company in the supply chain that came before it, this is known as "backward integration" (i.e. a raw material provider).
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CONSUMER BEHAVIOR: What are the most relevant cultural values affecting the consumption of each of the following? Describe how and why these values are particularly important. Please write your answer below
a) internet
b) MP3 player
c) Milk
d) Fast food
e) Luxury cars
f) Cell phones
(A) Internet use : The motivations for using the Internet include connectivity and globalisation.
Whose internet is the fastest?With each of these nations recording average median speeds over 120 Mbps as of September 2022, Norway, this same United Arab Emirates (UAE), & Qatar are among the fastest mobile internet connections in the whole globe.
What amount of data is used each month?According to Ofcom's Services Market Report 2022, 5.6GB of data were consumed monthly on average by people in 2021. That represents a 24% increase over the 4.5GB utilised monthly in 2020, which itself represents a 27% increase over the 3.6GB used monthly in 2019.
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Oscar received his credit report and sees that his VantageScore is 400. Which factor could be the cause?
a
He filed for bankruptcy 15 years ago.
b
He has five credits cards with high balances.
c
He has a low debt-to-credit ratio.
d
He has applied for his first loan in his life.
Answer:
b. He has five credits cards with high balances.
Explanation:
A VantageScore is a credit score model that shows the probability that someone will pay the loans. A 400 VantageScore is very poor and people can get this score for different situations like bankruptcies as they will appear in your report for up to 10 years, having high utilization rates on your credit card and missing payments. According to this, the answer is that the factor that could be the cause is: he has five credits cards with high balances because he would have a high utilization rate which hurts the credit score.
The other options are not right because a bankruptcy appears in the report for up to 10 years, a low debt to credit ratio shows that you use your credit in a responsible form and it won't hurt your credit acore. Also, if someone doesn't have a credit history, there is no score because there is no data to define that.
For a monopolist that does not price discriminate, economic profit is maximized in the short run at a price of $140. Marginal revenue at that output level is Group of answer choices equal to $140. greater than $140. less than $140. less than marginal cost. greater than average revenue.
Place the steps to creating a budget in order:
Figure out your net income.
Make a list of fixed expenses
Make a list of variable expenses.
Adjust expenses as needed
Determine if you have enough income to cover all your expenses.
Answer:
1. Figure out your net income
2. Determine if you have enough income to cover all your expenses
3. make list of variable expense
4. make list of fixed expenses
5. adjust expense
done !