Costs that have no impact on future cash flows and are irrelevant to decisions are ______ costs.

Answers

Answer 1

Costs that have no impact on future cash flows and are irrelevant to decisions are irrelevant costs.

Positive or negative costs that wouldn't be impacted by a management decision are referred to as irrelevant costs. Therefore, when that choice is taken, irrelevant costs like fixed expenses and sunk costs are disregarded. However, in order to possibly preserve the company, a manager must be able to recognize an unnecessary expense. Costs that won't be impacted by a managerial choice are irrelevant costs. Expenses that will be impacted by a managerial choice are relevant costs. When you choose one course of action over another, irrelevant expenses won't change in the future. Sunk costs, committed expenditures, and overhead are a few examples of unnecessary expenses because they cannot be avoided.

To learn more about Irrelevant costs visit here;

https://brainly.com/question/29411303

#SPJ4


Related Questions

The features and functionality of a newly installed information system are fixed or adapted during the ________ phase.

Answers

The features and functionality of a newly installed information system are fixed or adapted during the requirements analysis phase.

Requirements analysis, also known as requirements engineering, is the process of determining user expectations for a new or changed product. These characteristics, known as requirements, must be quantifiable, relevant, and detailed. In software engineering, these requirements are often referred to as functional specifications.

In systems engineering and software engineering, requirements analysis focuses on tasks that determine a need or condition to satisfy a new or changed product or project. The main types of requirements analysis include business, customer, product, functional, and non-functional requirements. Each represents a stakeholder or phase of the project and communicates the needs of the project.

Learn more about requirements analysis here: https://brainly.com/question/13897351

#SPJ4

the level of integration and coordination of subunits is lowest for firms following a(n) blank strategy and highest for firms following a transnational strategy. multiple choice question. localization international global standardization

Answers

The level of integration and coordination of subunits is lowest for firms following a localization strategy and highest for firms following a transnational strategy.

What is localization strategy?A company's localization strategy is a distinctive market technique it uses to handle the varying cultural norms, consumer behaviors, and purchasing patterns in each country it operates.For businesses using a localization approach, there is the least integration and coordination across subunits, and for businesses using a transnational strategy, there is the most.This is a prime example of a localization and globalization plan that works. By enabling customers from all over the world to read subtitles in the language of their choice or select a dubbed version of the show or movie, Netflix is able to draw in such a sizable international audience.

Therefore, the level of integration and coordination of subunits is lowest for firms following a localization strategy and highest for firms following a transnational strategy.

Know more about localization strategy here:

https://brainly.com/question/17199010

#SPJ4

Correct question:

The level of integration and coordination of subunits is lowest for firms following a(n) blank strategy and highest for firms following a transnational strategy.

multiple choice questions.

a. localization

b. international

c. global

d. standardization

A _________ is a legal agreement between two or more people and is the least common form of business.

Answers

A Partnership is a legal agreement between two or more people and is the least common form of business.

What is Partnership?An agreement between two or more people to manage a business' operations and divide its assets and liabilities is known as a partnership.All partners in a general partnership corporation split the company's assets and debts equally.Lawyers and other professionals frequently create limited liability partnerships.A partnership may have tax advantages over a corporation.A partnership, broadly speaking, can be any project that several people undertake together. Governments, charitable organizations, businesses, or private persons may be the parties. A partnership's objectives can also differ greatly.The three primary types of partnerships are general partnerships, limited partnerships, and limited liability partnerships when referring to a for-profit endeavor carried out by two or more people.

To learn more about Partnership, refer to

https://brainly.com/question/14034519

#SPJ4

With fewer managers and more people in positions without managerial accountability, which building block will you rely upon to ensure jobs are properly supervised?.

Answers

The building block that will rely upon to ensure jobs are properly supervised is coordinating activities among the jobs.

What is a job?

A job is a deliberate activity carried out by individuals to support their own, others', or a larger community's needs and desires. Work can be understood in the perspective of economics as the human activity that contributes to the commodities and services that make up an economy, along with other factors of production. All communities depend on work, but the nature of that work varies greatly within each society and between them. For example, some societies rely on manual labor to gather natural resources, while others operate sophisticated machines that relieve many people of their physical or even mental labor. Other resources, specialized knowledge, and tools are also needed for all but the simplest jobs (such as material for manufacturing goods). History has seen a wide diversity of attitudes toward work represented by many cultures and individuals.

To learn more about job, visit:

https://brainly.com/question/17205577

#SPJ4

restoration inc. enters into a contract to refurbish an old bus depot for quality diners llc. if restoration completes most of the work promised in the contract, its performance will be

Answers

Quality Diners LLC hires Restoration Inc. to renovate an outdated bus depot. Restoration will have substantially performed if it completes the majority of the work specified in the contract.

What is renovating?

Remodeling is the process of renovating a harmed, outdated, or dilapidated building. Renovations of homes or businesses are common.

Additionally, in social contexts, the word "renovation" can refer to both the creation of something new and the revitalization of something. For instance, a community may be renovated if it is strengthened and revitalized.

Typically, there are multiple phases that make up the refurbishment process.

PlanningEngineeringRepair of structuresRebuildingFinishes

The renovation process has been significantly impacted by technology, elevating the importance and power of the planning stage. The capacity to visualize changes more effectively and for a lot less money than engaging an interior designer is made possible by the accessibility of free online design tools.'

Learn more about renovating with the help of the given link:

brainly.com/question/17743026

#SPJ4

8. natural monopoly analysis the following graph shows the demand (d) for cable services in the imaginary town of utilityburg. the graph also shows the marginal revenue (mr) curve, the marginal cost (mc) curve, and the average total cost (atc) curve for the local cable company, a natural monopolist. on the following graph, use the black point (plus symbol) to indicate the profit-maximizing price and quantity for this natural monopolist. monopoly outcome 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (number of subscriptions) d mr mc atc which of the following statements are true about this natural monopoly? check all that apply. in order for a monopoly to exist in this case, the government must have intervened and created it. the cable company is experiencing economies of scale. the cable company is experiencing diseconomies of scale. the cable company must own a scarce resource. true or false: without government regulation, natural monopolies can earn positive profit in the long run. true false

Answers

Natural monopolies are permitted when one firm can provide a good or service for less money than any potential rival, but they are frequently very tightly controlled to safeguard consumers.

What is the main goal of natural monopoly?

A monopoly in economics is naturally characterized as one that results from a market condition with extraordinarily high fixed costs or challenging entry barriers for startups in special business or offering consumer services.

Because there is only one most effective firm whose supply satisfies the demand in the market effectively, a natural monopoly exists. The power sector is one illustration.

Therefore, It applies to markets where it is advantageous to supply a product or service by a single business rather than by several.

Learn more about natural monopoly here:

https://brainly.com/question/2182872

#SPJ1

mccabe corporation is expected to pay the following dividends over the next four years: $20, $16, $15, and $8.50. afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever. if the required return on the stock is 15 percent, what is the current share price?

Answers

The current share price is $95.19

A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and might take the form of cash payments or stock reinvestments. The dividend yield, which is the dividend per share, is expressed as a percentage of the share price of a company, for example, 2.5%.

D1=$20

D2=$16

D3= $15

D4=$8.50

g= 5%

r=15%

Price of stock = D1/(1+r)^1 + D2/(1+r)^2 + D3/(1+r)^3 + D4/(1+r)^4 + D4*(1+g)/(1+r)^4*(r-g)

= 20/1.15 + 16/(1.15)^2 + 15/(1.15)^3 + 8.50/(1.15)^4 + 8.50*(1.05)/(1.15)^4*(0.10)

= $17.39 + $12.09 + $9.86 + $4.85 + 8.92/0.1749

= 17.39 + 12.09 + 9.86 + 4.85 + 51

= 95.19

Learn more about dividend:

https://brainly.com/question/28044310

#SPJ4

To be an active participant in a meeting, it's MOST essential to do what?

A. provide new ideas

B. ask questions

C. interrupt

D. listen

PLS ANSWER QUICK ILL GIVE BRAINLIEST!!!!!!!!!!!!!!!

Answers

Answer:

D is the correct answer

the one who listens

In an ____ auction, companies invite sellers to submit bids for products and services so that the buyer can choose the seller that offers the service or product at the lowest price.

Answers

In an reverse seller-bid auction, companies invite sellers to submit bids for products and services so that the buyer can choose the seller that offers the service or product at the lowest price.

What is reverse auction?

In a reverse auction, vendors compete to set the price at which they will offer their products and services for sale. In a typical auction, a seller places an item up for bids from interested parties, who then place bids until the auction closes, when the item is awarded to the highest bidder.

What is a reverse auction's primary drawback?

Only price reductions are dealt with in a reverse auction. It does not provide information on additional contract fees. This could influence a buyer to select a vendor who offers an ostensibly low price but delivers a subpar good or service or charges a high delivery fee.

Learn more about reverse seller-bid auction

brainly.com/question/18365494

#SPJ4

kellen works for a sportswear supplier and for the past month she has been focusing on nike products when talking to customers because nike is running a sales contest and she can earn an additional $2,000 if she meets her goal. this is an example of .

Answers

Kellen works for a sportswear supplier and for the past month she has been focusing on nike products when talking to customers because nike is running a sales contest and she can earn an additional $2,000 if she meets her goal. this is an example of Trade promotion .

What do you mean by trade promotion?

It's a marketing tactic used to spur more consumer demand for goods at brick and mortar establishments. In a trade promotion, wholesalers and/or retailers are given special price breaks (typically in addition to a trade allowance), free or discounted display stands or racks, presents, or other rewards.

What does supply chain trade promotion entail?

Trade promotion is the marketing effort between retailers and manufacturers to boost demand. These initiatives could involve sales, promotions, coupons, or any other number of marketing techniques.

Learn more about trade promotion

brainly.com/question/2876743

#SPJ4

which of the following must be included when an entity issues general purpose financial reports separately from a cafr? select one: a. notes to the financial statements b. introductory section c. statistical section d. combining statement of blended component units

Answers

Notes to financial statements must be included when an entity issues general purpose financial reports separately from a CAFR. The answer is A.

What is CAFR?

CAFR stands for Comprehensive Annual Financial Report, is a set of U.S government financial statements comprising the financial report of a state, municipal or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Boards (GASB).

Why notes to financial statements must be included?
It is the requirement when an entity issues general purpose financial reports separately from a Comprehensive Annual Financial Report (CAFR).

Learn more about CAFR https://brainly.com/question/13287817

#SPJ4

Which of the following is true regarding stock options?
A. A loss is realized when stock options lapse. B. There is typically no tax effect on the grant date. C. Income recognized on the exercise date is greater for incentive stock options than nonqualified options.D. The bargain element on a nonqualified option is taxed to employees at capital gain rates

Answers

Answer: I would say b

Explanation: I search it up and this is what it told me

• Is provided by the government through its

Answers

Answer:

Powers not granted to the Federal government are reserved for States and the people, which are divided between State and local governments.

what is the customer margin for denny corporation? what conclusion can you draw from this information?

Answers

The entire revenue that a customer generates (from all transactions) less the cost to acquire and maintain them is known as customer margin. Providing the same excellent service to every customer won't get you where you want to go—you need a diversity of clients who contribute to positive customer margins. Take the amount a customer paid and deduct amortized fixed costs to determine the profit margin.

Computation of Customer margin:

Sales =                                 $9000

Less: Costs

Direct Material = $1800

Direct Labor =     $1350

Manufacturing

Overhead =        $6750    ($9900)

Customer Margin =            ($900)

With a $900 negative customer margin, it can be concluded that Denny Corporation is not profitable.

To know more about Customer Margin, refer to this link:

https://brainly.com/question/28538124

#SPJ4

while matt likes the structure provided by the rational decision-making process, you caution him that it has some shortcomings. why is the rational decision-making process difficult to apply completely in many situations? check all that apply.

Answers

In the given situation, the rational decision-making process is difficult to apply completely in many situations because (A) managers do not always evaluate situations rationally.

What is the rational decision-making process?The antithesis of intuitive decision-making is rational decision-making. It follows a precise process that makes use of logic and objective knowledge. It entails recognizing the issue that has to be resolved, collecting data, locating options and outcomes, analyzing them, taking into account all the connections, and making a decision.A person choosing between two cars would be an illustration of a reasonable customer. Because Car B is less expensive than Car A, the consumer chooses to buy it. Although the rational choice theory is clear-cut and logical, it frequently runs afoul of reality.

Therefore, in the given situation, the rational decision-making process is difficult to apply completely in many situations because (A) managers do not always evaluate situations rationally.

Know more about the rational decision-making process here:

https://brainly.com/question/28167457

SPJ4

Complete question:
While matt likes the structure provided by the rational decision-making process, you caution him that it has some shortcomings. why is the rational decision-making process difficult to apply completely in many situations? check all that apply.

a. managers do not always evaluate situations rationally.

b. managers are limited by their values and conscious health.

c. managers usually have the resources to consider numerous alternatives

d. managers cannot always obtain accurate information

Luc, a vehicle dealer, offers to sell mel a truck and trailer, which luc claims can haul a certain weight. He knows nothing about the capability of the truck, but it is not as he asserts. Mel buys the truck. On learning the truth, mel confronts luc, who says he was not trying to fool mel—he was only trying to make a sale. This is.

Answers

On learning the truth, Mel confronts Luc, who says he was not trying to fool me—he was only trying to make a sale. This is Fraudulent Misrepresentation.

Fraudulent misrepresentation is a civil tort bobbing up out of agreement regulation. it's miles a false announcement of the fact that causes or induces a person to go right into an agreement. A defendant commits fraudulent misrepresentation whilst he or she lies or misrepresents a crucial truth approximately which will cause or induce the opposite celebration to go into right into an agreement. The misrepresentation may be inside the shape of whatever is designed to deceive the opposite birthday party consisting of innuendos, half of-truths, or silence whilst there exists a responsibility to talk.

Fraudulent misrepresentation is a distinct prison declaration from defamation. Fraudulent misrepresentation is an agreement claim arising out of fraud that happens in breach of agreement instances, whilst defamation is a false assertion of fact made about someone.

To learn more about Fraudulent Misrepresentation visit here:

brainly.com/question/28964131

#SPJ4

QUESTION 2/10

Which of the following is a variable expense for many adults?
A. Their monthly rent payment.
C. Their monthly cost of eating out at restaurants.
B. The monthly payment on their car loan.
D. Their monthly payment for health insurance.

Answers

c. their monthly cost of eating out at restaurants.

Variable expenses refer to expenses that change from time to time. An example of variable expenses is the monthly expenses for eating out in restaurants. This is because there is no defined number of times an individual should eat in a restaurant. Thus, the cost of eating in restaurants varies every month. Fixed expenses remain constant every month. Examples of fixed expenses include money spent on health insurance, rent payment, and car loans. Therefore, it is correct to argue that the right answer is option c.

a company sold equipment that originally cost $400,000 for $160,000 cash. the accumulated depreciation on the equipment was $240,000. the company should recognize a:

Answers

The company should opt for a straight-line method when calculating the depreciation of equipment.

What is a straight-line method of depreciation?It is used to allocate the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.The easiest way to calculate annual depreciation expense. This method deducts the same amount of depreciation from the value of the asset for each year of its useful life.A common method of depreciation that reduces the value of a fixed asset over its useful life. it is Used to reduce the book value of a fixed asset over its useful life. The straight-line method depreciates the cost of an asset by the same amount each accounting period. The value of the asset is reduced evenly over each period until the residual value is reached. Straight-line depreciation is the most common and simplest method of allocating the cost of fixed assets. It is calculated simply by dividing the cost of the asset minus the residual value by the useful life of the asset.

learn more about depreciation refer to

https://brainly.com/question/24279065

#SPJ4

the four processes of map generalization: a. never happen together b. can happen together c. do not impact online maps d. are selection, qualification, quality control and implementation

Answers

The process of simplifying the representation of geographical data to produce a map at a particular scale with a clearly defined and readable legend is referred to as "map generalization."

What components make up map generalization?

In generalization, a variety of methods are used, including selection, simplification, displacement, exaggeration, and classification.

What is an illustration of generalization on a map?

For instance, a tiny black polygon that is supposed to represent a building will be perceived as a dot rather than a building. In the same way, two symbols that are too close to one another will be interpreted as one symbol even though they actually represent two distinct entities.

Learn more map generalization here:

https://brainly.com/question/25922463

#SPJ4

each sneaker requires 2.5 hours of direct labor time. direct labor wages average $16 per hour. monthly variable overhead averages $10 per direct labor hour plus fixed overhead of $4,500. what is the total overhead budgeted for the month of september?

Answers

The total overhead Budgeted cost for the month of september $1,250,000

Overhead budgeted :

Overhead Budget is prepared to predict and carry all the anticipated expenses concerning framing the goods that the company expects to contract in the coming time. It excludes the immediate material and the direct labor cost, and the facts, which becomes part of the cost of the goods retailed in the master budget.

Evaluating the overhead cost :

Budgeted overhead for the month of September = Total labour hours × overhead rate per hour

Total labor hours =  standard hours  × budgeted production units

                             =2.5 hours × 40,000

                                 = 125,000

Budgeted overhead cost Total = $10× 125,000

                                                      =$1,250,000

Hence Budgeted overhead cost for the september month =$1,250,000

Direct labor :

Direct labor refers to the hires and stipend paid to workers that can be straightway credited to specific products or services. It includes the cost of constant working hours, overtime hours worked, payroll levies, non employment tax, Medicare, employment insurance, etc. Direct labor cost is a part of pay envelope- bill or payroll that can be particularly and constantly commissioned to or associated with the manufacture of a product, a individualized work order, or qualification of a service.

Learn more about overhead budgeted :

brainly.com/question/17268660

#SPJ4

production management is the traditional term used to describe all the activities managers do to help their firms create

Answers

Production management is the traditional term used to describe all the activities managers do to help their firms create goods.

Production is the procedure of mixing diverse fabric inputs and immaterial inputs for you to make some thing for consumption. it's miles the act of making an output, a good or provider which has fee and contributes to the utility of people.

An example of manufacturing is the producing of motors. cars are made through assembling elements together. for instance, rubber tires are introduced to steel our bodies to make seats established earlier than the auto is pushed off the production line.

Learn more about production here:https://brainly.com/question/16755022
#SPJ4

when can an employer perform a drug screen on employees? a. when the employee has missed four days or more of work b. when the employee calls off on mondays and fridays c. when another employee complains that an employee smells like alcohol d. when the employer has reasonable concerns of impairment

Answers

Answer:

Louisa works in Marketing. She works with several different areas of the company that employs her. Which task does Louisa have others perform?

conducting meetings at a satellite office

working on new marketing campaigns at home

participating in teleconferences in her home office

training other employees how to use a computer

Explanation:

an improvement made to a machine increased its fair market value and its production capacity by 25% without extending the machine's useful life. the cost of the improvement should be

Answers

An improvement made to a machine increased its fair market value and its production capacity by 25% .The cost of the improvement should be  capitalized in the machine account.

Cost of improvement:

Cost of improvement is the capital expenditure incurred by an assessee for fabricating any addition or enhancement in the capital asset. It also includes any expenditure incurred in guarding or curing the title.

How do you treat cost of improvement?

Any capital expenditure incurred by you or former proprietor of the asset for making additions or revision to similar capital asset which enhances the valuation of the asset or rise it's price shall be treated as cost of improvement.

Learn more about cost of improvement:

brainly.com/question/28148732

#SPJ4

debt usage will have an effect on: multiple choice financial risk. asset risk. business risk. operational risk.

Answers

Debt usage will affect financial risk.

Financial risk is the type of risk where losses can be incurred by investing in a business or an investment. Parties taking the financial risk can face loss of capital.

Financial risk is the management of the debts and completion of financial obligations. These types of risks can occur in various ways such as business instability, interest rates, currencies, financial market, or movements.

There are various types of financial risks such as operational risk, market risk, investment risk, liquidity risk, or credit risk. Financial risk could occur in any form such as delay in delivery of the goods or increasing amount of debt on the business.

Learn more about financial risk here https://brainly.com/question/27342674

#SPJ4

the number of people who shop versus the number of people who actually make or book reservations is known as the ratio. group of answer choices supply/demand look-to-book cross-selling gds

Answers

Cross-selling involves convincing customers to purchase additional products or services in addition to the ones they had initially planned to. When they are complementary to one another, which happens frequently, customers are more inclined to purchase both cross-sold items.

When a consumer starts the checkout process or adds an item to their shopping cart, they are inferring to the company that they are a current client and intend to make a purchase. Businesses frequently use a cross-sell during this stage of the buyer's cycle by suggesting a related product or offering a discount if both are bought at once.

The practice of persuading customers to upgrade or add-on to the good or service they are purchasing is known as upselling. The advertised good or service is usually expensive which might raise the total cost of the order.

Similar to cross-selling, upselling often takes place when a customer has started the checkout process or added something to their basket and is more open to final sales pitches. The likelihood that the consumer will ultimately opt to switch at the last minute should improve as they are likely to have already done some research on the product and may have thought about the upgrade or add-on.

To know more about upselling click here,

https://brainly.com/question/29417147

#SPJ4

One of the most effective ways in which a leader establishes the organization’s ethical climate through their ______.

Answers

One of the most effective ways for a leader to establish the organization’s ethical climate is through their ethical leadership. Fairness, integrity, trust, respect, openness, and honesty are all aspects of ethical leadership.

Understanding Ethical Leadership

The ethical climate of an organization is established by its leader's ethics. Ethical leadership is the process where a good person desires to create a better, fairer, and more humane place and also encourages everyone to do the same to accomplish a common good. The most important aspect of leadership ethics is the leader's character. Nelson Mandela is an example of a leader with strong character.

Learn more about Research on ethical leadership here: brainly.com/question/28481899

#SPJ4

Seasonality refers to a data pattern that repeats itself after a period of days, weeks, months, or quarters.

a. True
b. False

Answers

This statement is True. Seasonality refers to a data pattern that repeats itself after a period of days, weeks, months, or quarters.

Due to changes in temperature, pressure, heat, and humidity, a pattern known as seasonality repeats itself after a set amount of time. It produces a climate that is suitable for a specific season.

The environment is not static; it changes over time. When an internal or external force, such as heat, pressure, or temperature, alters an existing pattern or trend, the general weather changes, and a new season begins.

Seasonality in time series data is the occurrence of variations that happen on a regular basis but less frequently than annually, such as weekly, monthly, or quarterly.

To learn more about Seasonality visit here:

brainly.com/question/19009677

#SPJ4

which of the statements below is true regarding only fiscal policy? it causes ad to shift to the right. it increases the availability of money. it uses government expenditures to create demand for goods and services. it can be taken in an attempt to alter ad.

Answers

C) It is accurate to say that only fiscal policy employs government spending to generate demand for products and services.

Describe fiscal policy.

The use of public spending and taxation, specifically macroeconomic conditions, is known as fiscal policy. Employment, inflation, economic growth, and the overall demand for goods and services are some of these.

During a recession, the government may lower tax rates or increase spending in an effort to boost the economy and demand. On the other hand, it can raise interest rates or cut back on spending to slow the economy and combat inflation. Fiscal policy and monetary policy are sometimes contrasted because monetary policy is carried out by central bankers as opposed to elected government officials.

What Are the Primary Financial Policy Instruments?

Governments can affect the economy by using fiscal policy tools. Changes in tax rates and government spending make up the majority of these.

Taxes are reduced and spending is increased to boost economic growth. This frequently involves borrowing by issuing public debt. Taxes may be increased and spending cutbacks implemented to cool down an overheated economy.

Learn more about fiscal policies with the help of the given link:

brainly.com/question/27250647

#SPJ4

question content areathe major objective(s) of allocations are a.to compute product-line profitability. b.to motivate managers. c.to value inventory. d.all of these choices are correct.

Answers

Question content are a the major objective(s) of allocations are all of these choices are correct.

What does the term "main objective" mean?

something you want to do or accomplish: Her current main goal is to just maintain her position of power.

What are goals and an example?

A goal is something you intend to accomplish. A mission's overall strategy is known as a military objective. To raise money is the goal of a bake sale. You have achieved your goal if it was to learn a new term. The purpose of something is its objective.

What does the term "allocation" mean?

allocations. counting noun An allocation is a quantity of something, most often money, that is handed to a certain individual or used for a specific objective.

To Know more about allocations

https://brainly.com/question/16666093

#SPJ4

Anastasia was trying to decide which investment plan would be best over 10 years. Bank a was offering 8. 5% simple interest on her money using the formula i = p r t. Bank b was offering 8% compounded annually using the formula a = p (1 + r) superscript t. Which bank is a better investment if she has $2,000 to invest for 10 years?.

Answers

Bank B is the better investment, where Bank a was offering 8. 5% simple interest on her money using the formula i = p r t. Bank b was offering 8% compounded annually using the formula a = p (1 + r) superscript t.

Investment = P =  $2,000

Number of years = n = 10

If the She invest in Bank A

r = 8.5% simple interest

Accumulated value after 10 years = A =P + (P x r x n) =  $2,000 + ( $2,000 x 8.5% x 10 ) = $2,000 + $1,700 = $3,700

If the She invest in Bank B

r = 8% Compounded yearly

Accumulated value after 10 years = A = P x (1 + r )^n =  $2,000 x ( 1 + 8% )^10 = $2,000 x ( 1 + 0.08 )^10 = $2,000 x ( 1.08 )^10 = $2,000 x 2.1589 = $4,317.8

= $4,318

Hence Bank B is the better investment because it make more money than in Bank A after 10 years.

Learn more about simple interest visit this link:

https://brainly.com/question/25845758

#SPJ4

Other Questions
8. How might this painting have affected American colonists?*its 8 men shooting at people1 pointShowed the illegal actions of the Bostonians, angering people at the rebelsConfirmed how the British would react to a revolt, causing colonists' to be afraid to revoltConfirmed the strength of the British soldiers, increasing support for the BritishShowed the overreaction of the British, causing more people to want to revolt HELP!! Will give brainiest the mass of 4 atoms of c is less than the mass of 3 atoms of element d. which element has more atoms/gram? A capacitor is connected into a 1250v 1000hz circuit. The current is 80A. What is the capacitance of the capacitor to a concentrated buffer of ph 9.0 was added an equal volume of an aqueous solution that was 0.20 m in each of the ions ca2 , cd2 , and cu2 . the expected precipitate would consist of: Lisa collected leaves from different trees for a science project. Every day for a week (7 days), she collected 7 leaves. How many leaves did she collect by the end of the week? there are two reasonable approximations to consider for the pencil in this problem: a cylinder and a thin rod. however, in this problem we will treat the pencil as a uniform thin rod of length 15.0 cmcm and mass 10.0 gg . What makes Lucy so important in The Room With A view?HELP PLEASE I need at least 5 sentences ASAP HELP!!over the summer,for every 11 okra seeds dana planted,6 grew into plants,if he planted 143 okra seeds,how many grew into plantsA:138B:63C:78D:262 FILL IN THE BLANKS WITH CORRECT PREPOSITIONS 1. Betty asked Barney for help, but it turned out he was even worse ______ playing football. 3. Most men are not very fond _______going to wedding parties. 4. This brand of cream is better ______ preventing wrinkles on your face. 5. Like many other children, my daughter is mad _____ chocolate. 6. Students are sometimes taught things that they are not interested ______ at all. 7. When Tom was a schoolboy, he was crazy _______ cars and he kept drawing them in his drawing book. 8. Why should I be scared ______ ghosts? They don't exist. 9. Norman was dying _____a cigarette but he was determined to give it up. 10. Walter is not mean; he is just very careful ________ money. In "Counterpoint: Lewis and Clark Were Too Focused on IndividualSuccess," how effectively does the author's use of headings servethe purpose of the text?A. The author's use of headings in the "Counterpoint" section effectively organizes the paragraphs into a structured and easy-to-follow response to the arguments made in the "Point" section.B. The author's use of headings in the "Counterpoint" section partiallyengages the reader through exciting and witty titles for each supporting paragraph.C. The author's use of headings in the "Counterpoint" section summarizes the content of the argument so that the reader can skip over paragraphs that are uninteresting.D. The author's use of headings in the "Counterpoint" section divides the information in the text into easily digestible ideas for the contemporaryreader Tests that attempt to deal with experiences common to all persons who take them are called. . if the federal reserve were to sell treasury securities as part of its open market operations, it would be most effective at resolving which of the following economic problems? a. deflation b. high unemployment c. severe recession d. high inflation When choosing the linear equation that represents the graph, I can look at the direction of the line and automatically know if the slope is a positive or negative numberQuestion 1 options:True False In a body of water, a fish remains at a constant depth while motionless. In the same body of water, a person sinks while motionless. Why? more than one answer may be true. , plus a capital gain, g, for a total expected return. in -select- , this expected return is also equal to the required return. it's easy to calculate the dividend yield; but because stock prices fluctuate, the yield varies from day to day, which leads to fluctuations in the dcf cost of equity. also, it is difficult to determine the proper growth especially if past growth rates are not expected to continue in the future. however, we can use growth rates as projected by security analysts, who regularly forecast growth rates of earnings and dividends. Simplify -4 3/4 - 8 4/5 Question ProgressThe height of Dyffan is 75 centimetres.The height of Logan is 80 centimetres.Write the height of Dyffan as a fraction of the height of Logan.Give your answer in its simplest form. Find the chi-square value x2l corresponding to a sample size of 4 and a confidence level of 98 percent. What battleground state in the u. S. Shattered historic early voting records in the midterm elections?.