You plan to deposit $5,300 at the end of each of the next 20 years into an account paying 10.8 percent interest. a. How much money will you have in the account in 40 years

Answers

Answer 1

The amount of money in the account in 40 years is $28, 196

Calculations and Parameters

Equation:

I = Prt

First, converting R percent to r a decimal

r = R/100 = 10.8%/100 = 0.108 per year,

then, solving our equation

I = 5300 × 0.108 × 20 = 11448

I = $ 11,448.00

Therefore, this is the interest gained after 20 years.

To get the interest for an additional 20 years, we would multiply by 2

11,448 * 2

= $ 22,896.00

Therefore, the total money gained after this period would be:

$22,896 + $5,300

= $28, 196

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Related Questions

An employee's conduct during the normal workday, but not related to employment and performed for the employee's own benefit is a(n)

Answers

An employee's conduct during the normal workday, but not related to employment and performed for the employee's own benefit is "frolic".

What is employee's conduct?

A legal document known as an employee code of conduct outlines the proper conduct for people working for a company. The employee code of conduct outlines appropriate conduct and social expectations that members of an organisation should uphold on a daily basis.

The five code of conduct are-

Integrity.Objectivity.proficiency in the field.Confidentiality.professional conduct.

The steps of developing a code of conduct-

Information gathering.Making the Draft.Reviewing the draft.Officially approving the Code.Presenting the Code.Applying the Code.

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The greatest marketing need firms sought during the production era was for: Group of answer choices Mass production and personal selling. Less expensive distribution and storage. Blanket advertising and financing. Specialized production and storage.

Answers

The greatest marketing need firms sought during the production era was for: Less expensive distribution and storage.

What is the production era?

The production era is the era in which the marketing have started evolving. It is the oldest era, in this era consumers were favoring those products which are widely available and that too at minimum cost.

What are the four eras of marketing ?

The four eras of evolution of marketing are:

productionsellingadvertisingstakeholder relationships.

Thus , The correct option is : The greatest marketing need firms sought during the production era was for Less expensive distribution and storage.

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Rachel's Recordings reported net income of $250,000. Beginning balances in Accounts Receivable and Accounts Payable were $19,000 and $21,000 respectively. Ending balances in these accounts were $10,500 and $28,000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be:

Answers

The cash flow from operating activities is $2,65,500

Given :

Net income  = $250,000

Increase in Accounts Payable = ( Ending balance - Beginning Balance) = $28000 - $21,000 = $7000

Decrease in Accounts Receivable = ( Ending balance - Beginning Balance) =   $10,500 - $19,000 = $8500

Cash flow from operating activities = Net income + Increase in Accounts Payable + Decrease in Accounts Receivable = $2,65,500.

What Is Cash Flow?

The term cash flow refers to the net amount of cash and cash equivalents being transferred in and out of a company. Cash received represents inflows, while money spent represents outflows. A company’s ability to create value for shareholders is fundamentally determined by its ability to generate positive cash flows or, more specifically, to maximize long-term free cash flow (FCF).

FCF is the cash generated by a company from its normal business operations after subtracting any money spent on capital expenditures.

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To earn money on your investments, your rate of return must be higher than which value?

Rate of deflation
Rate of inflation
Interest rate
Account fees

Answers

To earn money on your investments, your rate of return must be higher than: B. rate of inflation.

What is rate of return?

Rate of return can be defined as a net gain (profit) or loss that is associated with an investment over a specified period of time, and it's usually expressed as a percentage of the investment's initial cost.

This ultimately implies that, the rate of return must be higher than the rate of inflation in order for any business firm to earn money on their investments.

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Waterway Company purchased merchandise inventory with an invoice price of $10400 and credit terms of 5/10, n/30. What is the net cost of the goods if Waterway Company pays within the discount period

Answers

The net cost of the goods will be $9880 as the company pays it back within the discount period.

Procedure:

5/100×10400

1/20×10400

10400/20 = 520

10400-520 = 9880

What are credit terms?

Credit terms are the installment terms referenced on the invoice at the hour of purchasing products. It is an arrangement between the purchaser and dealer about the timings and installment to be made for the products purchased on credit. It is otherwise called payment terms, these include information like discount price, due date etc.

Discount Period :

A discount period is how much time a money discount is accessible for a client to make a diminished money installment while or after taking credit. In other words, this is the time span that a merchant will diminish the cost of an item on the off chance that the client will pay for it in real money.

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The effect of a Pigovian tax on a market is: Group of answer choices increased price and quantity to the efficient level decreased price and increased quantity to the efficient level decreased price and quantity to the efficient level increased price and reduced quantity to the efficient level

Answers

D) Increased price and reduced quantity to the efficient level.

How Do Pigovian Taxes Work?

Pigovian taxes, sometimes called Pigouvian taxes, are levied against private individuals or companies who engage in activities that have negative side effects on society. Costs associated with adverse side effects are those that are not accounted for in the product's market price. The selling of tobacco products puts a load on the public healthcare system and causes environmental pollution, among other side effects that have detrimental external impacts.

After English economist and early externality theorist Arthur Pigou, who made a substantial contribution, Pigovian taxes were given their name.

How Is a Pigovian Tax Calculated?

A Pigouvian tax is notoriously tricky to calculate correctly. The tax should, in theory, have a value that is exactly equal to the externality's net cost. As a result, for a particular level of production, the tax would be equal to the difference between the societal cost and the marginal private cost.

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Customers currently link to Cisco's website to configure, price, and order its networking equipment. Cisco then sends orders back out across the Internet to producers and assemblers including Celestica, Flextronics, Jabil, and Solectron. Products are built and tested to Cisco standards, sometimes with procedures run remotely by Cisco. Most are then drop-shipped to buyers, untouched by human hands on Cisco's payroll. The individuals who monitor these transactions and make sure each is performed in a cost-effective and timely fashion are engaged in: Group of answer choices just-in-time management. point-to-point management. materials handling. total distribution cost management. supply chain management.

Answers

The correct alternative is supply chain management. Individuals monitor these transactions so that each is executed in a cost-effective and timely manner.

What is the relevance of supply chain management?

Through the control and monitoring of each stage of a company's value chain, it is possible to achieve cost reduction and total quality, increasing the value of a company's products and services and its positioning.

Therefore, supply chain management helps a company to remain competitive and successful in the market.

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The new team leader is a seasoned executive recognized for her strengths in leadership and team structuring. She also has the political influence to fight any battles external to the team and garner additional resources. She asks you to recommend up to two additional team members based on roles still needed within the team. You review the roles and individual strengths of existing team members and recommend additions that will best fill in the missing team roles. Which new team members do you recommend

Answers

Answer:

We recommend a product development analyst and a finance director.

Who is a leader?A leader is someone who inspires followers' passion and motivation. A leader is someone who has a vision and a plan for achieving it. A leader is someone who ensures their team has the resources and tools they need to succeed.New members that I recommend:We suggest a senior new product development analyst who excels not only in his profession but also in doing extensive information searches.We also recommend a finance director who is an excellent coordinator and integrator of team tasks as well as an expert in financial modeling.This was the best decision. The candidates have the necessary experience in finance and product development. This increases their value to the team.

Therefore, we recommend a product development analyst and a finance director.

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Correct question:

The new team leader is a seasoned executive recognized for her strengths in leadership and team structuring. She also has the political influence to fight any battles external to the team and garner additional resources. She asks you to recommend up to two additional team members based on roles still needed within the team. You review the roles and individual strengths of existing team members and recommend additions that will best fill in the missing team roles. Which new team members do you recommend?

You need someone to fill the administrative role, so you can recommend a senior executive administrator. You also need accounting guidance so you recommend an assistant controller.You suggest a senior new product development analyst who excels not only in his profession but also in doing extensive information searches. You also recommend a finance director who is an excellent coordinator and integrator of team tasks as well as an expert in financial modeling.You recommend a very strong market analyst with excellent creative abilities. You also recommend a sales director known for providing strong direction and follow-through.

The Fisher formula is expressed as _____ where R is the nominal rate, r is the real rate, and h is the inflation rate.

Answers

Hello !

Answer :

The Fisher formula is expressed as 1+R = (1 + r) x (1+ h) where R is the nominal rate, r is the real rate, and h is the inflation rate.

A _________is part of a story that gives meaning to the distinct systems of benefits that well-branded products promise to deliver.

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A Brand story is part of a story that gives meaning to the distinct systems of benefits that well-branded products promise to deliver.

What is a Brand Story?A brand story explains the inspiration for beginning your firm, the reason you get out of bed each day and do what you do, why clients should be interested in you, and why they should believe in you. Building connections and trust are two things the brand narrative does. According to research, detailed stories have a powerful effect on our minds.Great branding, like great marketing, is about a never-ending, unwavering, long-lasting dedication to creating and sharing branding stories, as well as about waking up each morning energized by the chance to contribute to the creation of the next new, even more, engaging brand stories.Company storytelling is a wonderful technique to set yourself apart from the competition because no brand or organization was founded in the same way as its rival.

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Injurious falsehood, a common business tort, is sometimes called ________. Group of answer choices duress trade discouragement trade disparagement false imprisonment battery

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Injurious falsehood, a common business tort, is sometimes called false imprisonment battery

A battery is the use of force by one person against another without consent. This tort requires physical contact. Imprisonment is the prevention of one person from moving around without the consent of another. Detention must be consensual and must be deliberately carried out on behalf of the criminal

The essential elements of deprivation of liberty are:

Intentional detention.No consent;Not legally enforceable.

battery Meaning in law:

1. In criminal law, this is a physical act that results in harmful or abusive contact without the consent of others.

2. In the tort law, deliberately establishing harmful or abusive contact with another person without the consent of the other person.

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Managers make attributions about employees based on consistency and distinctiveness as well as the extent to which an employee's performance is the same or different from other employees, otherwise known as:

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Managers make attributions about employees based on consistency and distinctiveness as well as the extent to which an employee's performance is the same or different from other employees, otherwise known as Consensus.

The definition of consensus is the agreement reached by the group. An example of consensus is when Republicans and Democrats agree on the wording of the bill. A general agreement between members of a particular group or community. Each exercises some discretion in decision-making and follow-up.

Consensus (about) She is good at reaching consensus on delicate issues. There is growing consensus on this subject. Currently, there is a broad political consensus in support of economic reform.

Consensus conferences allow groups of people to come together, participate in discussions, and ultimately lead to sharing decisions. Consensus decisions require individual participation and promote open communication. It is intended to benefit everyone involved and will not ignore anyone's opinions or ideas.

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The idea that wealth in the form cash or securities becomes less valuable as prices rise is known as the _____ effect.

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Hello,

Answer :

The idea that wealth in the form cash or securities becomes less valuable as prices rise is known as the real-balances effect.

Airlines have forged a number of complementary strategic alliances, in part because many airlines are not profitable. Some airlines participate in several alliances simultaneously. This tends to:

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Airlines have forged a number of complementary strategic alliances, in part because many airlines are not profitable. Some airlines participate in several alliances simultaneously. This tends to make the partners' true loyalties and intentions unclear.

The 3 multidivisional systems which might be used to put into effect a diversification method are the aggressive shape, the strategic business unit form, and the incorporated form.

The shape helps the method. If an business enterprise changes its approach, it must change its shape to guide the brand new method. when it would not, the structure acts like a bungee twine and pulls the agency returned to its old strategy. The strategy follows the shape.

Corporation structure influences method implementation because it allows communique and facts go with the flow; controls allocation of the resources; assigns obligations and obligations; serves to outline jobs and paintings corporations such as mission teams, departments, exceptional circles and have an effect on generation and way of life.

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The ______ is a measure of the average rate of return a Bond Investor will earn if the investor buys the bond and holds until maturity.

Answers

Hello !

Answer:

The yield to maturity is a measure of the average rate of return a Bond Investor will earn if the investor buys the bond and holds until maturity.

Rosarita is responsible for developing a plan for the optimal use of advertising, personal selling, sales promotion and public relations. Rosarita is developing a:

Answers

Rosarita is developing a  promotional strategy  by being  responsible for developing a plan for the optimal use of advertising, personal selling, sales promotion and public relations.

What is promotional strategy?

promotional strategy  is a strategy used in advertising a product to the potential buyers.

In this case, Rosarita is developing a  promotional strategy  by being  responsible for developing a plan for the optimal use of advertising, products.

CHECK THE COMPLETE QUESTION BELOW;

Rosarita is responsible for developing a plan for the optimal use of advertising, personal selling,sales promotion, and public relations. Rosarita is developing a:

A.promotional strategy.B.set of promotion goals.C.marketing mix.d.communication mix.E.selling plan.

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In order to work in a cosmetics manufacturing facility, employees must wear steel-toed shoes, hair nets, face coverings, eye protection, and coveralls. All of this personal protective equipment limits exposure to dusts and chemicals and protects bodies in case of accidents. Which piece of legislation was first to protect workers from hazardous conditions

Answers

Act of Occupational Safety and health

it is the act that limit exposure to dusts and chemicals and protects bodies in case of accidents.

What is the Act of Occupational Safety and health ?

The Occupational Safety and Health Act of 1970 is a US labor law governing the federal law of occupational health and safety in the private sector and federal government in the United States.

An Act to consolidate and amend the laws regulating the occupational safety, health and working conditions of the persons employed in an establishment and for matters connected therewith or incidental thereto

The Code seeks to regulate health and safety conditions of workers in establishments with 10 or more workers, and in all mines and docks.

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Can someone Plss help

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The variables that can shift the supply curve are the number of sellers, production costs, and income.

What is the supply curve?

Corresponds to a graphical representation of the quantity of a product or service that is sold in relation to the increase in prices. That is, when prices rise, the supply curve will slope upward, and changes in the quantity supplied at a given price shift the curve to the right.

Therefore, supply is an economic concept to designate a market situation where there is a quantity of products and services available that consumers want to buy.

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The owner of an undeveloped lot agrees to sell the lot to a buyer. The written agreement identifies the parties, describes the property in sufficient detail, specifies the price to be paid, and spells out the payment terms. The agreement is signed by the owner. In accord with the agreement, the buyer pays the required down payment to the owner. Subsequently, the buyer constructs a garage on the lot as the first step towards building a three-story residence, but, due to a financial reversal, abandons his construction efforts.
May the seller bring an action to compel the buyer to complete the purchase?

Answers

Yes, due to the doctrine of part performance.

How would the seller compel the buyer to complete the purchase?

A contract between the parties is strongly suggested by the buyer's activities, which include paying a portion of the purchase price to the owner and building a garage on the property (which is a considerable improvement of the lot). In order to require particular fulfillment of a land sales contract, either party may use the theory of part performance.

An oral contract can nonetheless be recognized and upheld by a court despite having flaws in the law because to the equitable principle known as the doctrine of part performance. It offers an alternative to the statutory prohibition against the enforcement of an oral contract.

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In order to reduce the harmful affects of recession and carbon emissions, the government provided tax incentives for manufacturing firm's to ___________________ that provide alternative, more efficient methods of combining inputs to produce output.

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In order to reduce the harmful affects of recession and carbon emissions, the goverment provided tax incentives for manufacturing firm's to acquire energy efficient production technologies and provide an alternative, more efficient methods of combining inputs to produce output.

Carbon Tax BasicsA carbon tax requires emitters to pay a certain amount for each tonne of greenhouse gas emissions they produce. Businesses and households will take actions to minimize their emissions in order to avoid paying the fee, such as switching fuel sources or implementing new technology.A carbon tax varies from a cap-and-trade system in that it offers more clarity regarding costs but not on the amount of emission reduction to be accomplished.There are two main types of taxes on greenhouse gases: emissions taxes, which are based on how much an entity generates; and taxes on goods or services, such as a carbon tax on fuel, which are often greenhouse gas-intensive.

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how do imagination and creativity helps in innovating product? ​

Answers

it helps the product become more original

A key element of customer relationship management is to: Group of answer choices keep the price of goods as low as possible. develop a strategy to achieve the largest possible market share. allow customers to participate in the management decisions of the firm. learn as much as possible about customers.\

Answers

A key element of customer relationship management is to: develop a strategy to achieve the largest possible market share.

A company or other organization manages its relationships with consumers using a process called customer relationship management, which often involves studying a lot of data through data analysis.CRM systems come in three basic categories: operational, analytical, and collaborative. Here's how to pick the best one to give your clients better conversational customer experiences.Customer retention, loyalty, profitability, and satisfaction are the four pillars of customer relationship management.A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients. Simple is the aim: strengthen commercial ties. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.

Thus this is the answer.

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Why is it important in supply chain management for suppliers to have visibility into a company’s forecast and sales data?.

Answers

It is important for suppliers to have visibility into a company’s forecast and sales data because it allows them to adjust their supply of products depending on the market demand.

What is a supply chain management?

This refers to the handling of the entire production flow of a good or from the raw components to the delivering the final product to the consumer.

However, in the supply chain management, the suppliers must have visibility into a company’s forecast and sales data because it allows them to adjust their supply of products depending on the market demand.

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____________________________ occur when the marginal gain in output diminishes as each additional unit of input is added.

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Diminishing marginal returns occur when the marginal gain in output diminishes as each additional unit of input is added. This is further explained below.

What is Diminishing marginal returns?

Generally, The law of declining marginal returns is a hypothesis in economics that predicts that when some ideal level of capacity is achieved, adding an extra component of production will actually result in smaller improvements in output.

In conclusion, The economic theory known as the "law of declining marginal returns" states that after production capacity has been maximized, adding more production factors will have diminishing returns.

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Which of the following is true of normal costing? a.Actual direct labor cost is traced to products, but estimated direct materials and estimated overhead costs are assigned using predetermined rates. b.Actual direct materials cost is traced to products, but estimated direct labor and estimated overhead costs are assigned using predetermined rates. c.Actual direct materials and direct labor costs are traced to products, but estimated overhead costs are assigned using predetermined rates. d.Actual direct materials, actual direct labor, and actual overhead cost are assigned to products.

Answers

C) Actual direct materials and direct labor costs are traced to products, but estimated overhead costs are assigned using predetermined rates.

What Are the Normal Costs?

The cost of a product is determined using standard costing. This method includes a standard overhead rate and actual direct costs applied to a product. It includes the actual cost of labor, materials, and a standard overhead rate that is calculated based on the product's actual consumption of the allocation base in question (such as direct labor hours or machine time).

You can prorate the difference between the cost of goods sold and inventory if there is a discrepancy between the standard overhead cost and the actual overhead cost, or you can charge the difference to the cost of goods sold (for lesser discrepancies).

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Sarah manages an investment fund dedicated to socially responsible investing. She is also an environmental activist. As a result of her participation in nonviolent protests, Sarah has been arrested on numerous occasions for trespassing on the property of a large petrochemical plant that is accused of damaging the environment. Sarah's conduct Group of answer choices

Answers

answer b. is correct

Businesses use a number of methods to gather information and create a good picture of their customer base. This ________ can help companies to validate their target market.

Answers

The information that businesses gather to create a good picture of their customer base is Market research.

What is market research?

Market research is the information that a company gathers on both its customers and prospective customers.

this information would allow them to understand the needs of their customers more and therefore increase the chances of success.

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C. Wright Mills identified the major decision-makers at the highest levels of corporations, politics, and the armed forces in the United States as the __________.

Answers

A power elite was the name given to major decision-makers at the highest levels of corporations, politics and the armed forces.

What is a power elite?

This refers to the small group of influential people that control a disproportionate amount of power and resource in a region/

Hence, they were named by C. Wright Mills because they were major decision-makers at the highest levels of corporations, politics and the armed forces.

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Barnegat Light sold 100,000 shares in an initial public offering. The underwriter's explicit fees were $50,000. The offering price for the shares was $20, but immediately upon issue, the share price jumped to $30. What is the best estimate of the total cost to Barnegat Light of the equity issue

Answers

The best estimate of the total cost to Barnegat Light of the equity issue will be $1,050,000.

In addition to the explicit fees of $50,000, we should also take into account the implicit cost incurred to Barnegat Light from the underpricing in the IPO. The underpricing is $10 per share, implying total costs of $1,000,000.

Calculation for What is the best estimate of the total cost to Barnegat Light of the equity issue-:

Total cost = $50,000 + ($30 - $20)1,000,000 shares

Total cost = $50,000+($10)1,000,000 shares

Total cost = $50,000+$1,000,000

Total cost =$1,050,000

Therefore the best estimate of the total cost to Barnegat Light of the equity issue will be $1,050,000.

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At Mattress Store, Nate signs a contract to buy bedroom furniture. The contract sets a schedule of $500 monthly payments, subject to a late fee of 15 percent. Nate finds the language of the contract difficult to understand. This is most likely Group of answer choices an exculpatory contract. procedural unconscionability. substantive unconscionability. an enforceable contrac

Answers

Nate finds the language of the contract to buy bedroom furniture difficult to understand due to "procedural unconscionability".

What is procedural unconscionability?

Unconscionability that results from the contract-making process rather than from a contract's terms that are inherently unfair or unreasonable

Examples of Procedural Unconscionability is-

influencing an underprivileged party who would not have otherwise signed the contract to do so. minimising important clauses in contracts for the sake of the underdog. If one side uses threats of violence against the other party, his family, or friends, this is known as coercion.

Therefore, Procedural unconscionability is based on elements that deprive a party of a meaningful choice, such as customer ignorance or a significant amount of unclear fine print.

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Other Questions
I would travel more if it ____ so expensiveDidn't Doesn't Wasn't Isn't Which of the following equations have complex roots? Read the sentence from Initiation.It would be an hour before they came to get her, but then Rat Court would be all over and she would say what she had to say and go home.The author includes the sentence in the exposition toimply the resolution of the story.employ indirect characterization.describe the characters directly.create a character vs. nature conflict. Operations management has the primary responsibility of Multiple Choice conducting research on consumer behavior. replacing quality with productivity in the manufacturing of goods. securing funds for the activities of an organization. creating goods and services that satisfy customers. developing only intangible products. -8-48-4y-8y = -x + 5480xWhat is the solution of the system of equations? A ________ structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects. On June 1, a company collected an $18,000 advance payment from a customer. The company will earn the payment over 12 months. What amount should the company report as a current liability at the end of the current calendar year "a decent respect to the opinions of mankind requires that they should declare the cause which impel them to the separation".How does the author appeal to ethos here? Problem(a) Let [tex]a_1, a_2, a_3,...[/tex] be an arithmetic progression of non-zero numbers with common difference [tex]d[/tex].(i) Show that [tex]\frac{1}{a_na_{n+1}}=\frac{1}{da_n}-\frac{1}{da_{n+1}}[/tex] for any [tex]n\geq1[/tex].(ii) Hence show that [tex]\frac{1}{a_1a_2}+\frac{1}{a_2a_3}+\frac{1}{a_3a_4}+...+\frac{1}{a_{99}a_{100}}=\frac{99}{a_1a_{100}}[/tex].(b) For what value of [tex]k[/tex] does [tex]\frac{1}{3\times7}+\frac{1}{7\times11}+\frac{1}{11\times15}+...+\frac{1}{k(k+4)}+\frac{2}{25}[/tex]? The Council of Trent did all the following except Which of the following Hellenistic philosophies believed that the gods had no interest in humanity and therefore people shouldavoid pain and live virtuously?StoicismEpicureanismConfucianismBuddhism A person with ________ blindness might report that they cannot see anything even though the structures of their eyes are undamaged and work perfectly. The condition is a result of damage to the primary visual areas of the brain. Calculate the value of x. Find x. Round your answer to the nearest integer. (10 pts.) A car of mass m is on an icy driveway inclined at an angle .(A)Find the acceleration of the car, assuming the driveway is frictionless.(B) Suppose the car is released from rest at the top of the incline and the distance from the cars frontbumper to the bottom of the incline is d. How long does it take the front bumper to reach thebottom of the hill, and what is the cars speed as it arrives there? Lee y escoge la opcin con la forma correcta del verbo para completar la frase. Read and choose the option with the correct verb conjugation to complete the sentence.A mis hermanos les encantan los videojuegos. Si ellos ____ jugaran a los videojuegos todos los das.A. podieranB. podianC. pudieranD. pudieron A proton moves 0.10 m along the direction of an electric field of magnitude 3.0 V/m. What is the change in kinetic energy of the proton? (e = 1.60 10-19 C) The "redcoats" that were stealingfrom local businesses andhustling/fighting with boys werecreating.A. agitation among the colonistsB. peace in BostonC. support of the Colonists The remnants of an ancient fire in a cave in Peru showed a decay rate of 8.0 counts per minute per gram of carbon. Assuming that the decay rate in freshly cut wood is 12.7 counts per minute per gram of carbon, calculate the age of the remnants. The half life of 614C is 5730 years. special metal hangers or stirrips called joist hangers are used when joist must be _____ the bottom of the grider or beam