a restaurant is open 24 days each month. its monthly fixed payroll cost is $31,800 and its daily variable payroll cost is $2,100. what is the restaurant's total daily payroll cost? $2,000 $3,800 $3,425 $4,200

Answers

Answer 1

The restaurant's total daily payroll cost is $1,412.50

Days on which the restaurant is open = 24

The monthly fixed payroll cost = $31,800

Daily variable payroll cost = $2,100

Calculating the daily variable payroll cost:

Daily variable payroll cost = Monthly variable payroll cost / Number of days per month

= 2,100 / 24

= 87.50

Calculating the total daily payroll cost:

Total daily payroll cost = Daily fixed payroll cost/ Number of days + Daily variable payroll cost

= 31,800 / 24 + 87.50

= 1,325 + 87.50

= 1,412.50

Read more about payroll costs on:

https://brainly.com/question/29975911

#SPJ4


Related Questions

individual taxpayers are not taxed on their cancellation of debt (cod) income if their debt was forgiven as part of bankruptcy proceedings group of answer choices true false

Answers

True. Individual taxpayers are not taxed on their Cancellation of Debt (COD) income if their debt was forgiven as part of bankruptcy proceedings.

This applies to any debts forgiven in the tax year, such as credit card debt, student loan debt, business debt, or other forms of debt.

Learn more about cancellation of debt here:

https://brainly.com/question/14296056

#SPJ11

How are an increased potential output and an unchanged current output represented in the aggregate demand-aggregate supply (AD-AS) model?

Answers

The aggregate demand-aggregate supply (AD-AS) model illustrates how increased potential output is represented by an outward shift of the aggregate demand (AD) curve, while an unchanged current output is represented by an unchanged AD curve.

This is due to the fact that the AD curve represents the amount of output demanded at each level of aggregate prices. As the potential output increases, so does the amount of output that is demanded, thus resulting in an outward shift of the AD curve. Aggregate demand and aggregate supply are two important concepts in macroeconomics that help to explain how the overall economy functions.

Aggregate demand (AD) refers to the total demand for goods and services in an economy at a given time. It represents the sum of all the individual demands for goods and services in the economy. AD is influenced by several factors, including consumer spending, investment spending, government spending, and net exports.

Aggregate supply (AS) refers to the total supply of goods and services in an economy at a given time. It represents the sum of all the individual supplies of goods and services in the economy. AS is influenced by several factors, including the availability of resources, technology, and the cost of production.

Learn more about aggregate demand: https://brainly.com/question/1490249

#SPJ11

if the nominal interest rate is 8% and the real interest rate is 3%, then the inflation rate equals:

Answers

The inflation rate is equal to 5%.

The nominal interest rate is the rate of interest that is quoted and publicized by the lender. It does not take into account the decrease in purchasing power due to inflation.

The real interest rate is the nominal rate minus the inflation rate. Therefore, if the nominal rate is 8% and the real rate is 3%, then the inflation rate is 5%.

To calculate the inflation rate, we must take the nominal interest rate minus the real interest rate. The nominal interest rate is the rate of interest that is advertised and publicized by the lender, while the real interest rate takes into account the decrease in purchasing power due to inflation.

In this example, the nominal interest rate is 8% and the real interest rate is 3%. By subtracting the real interest rate from the nominal interest rate, we get the inflation rate of 5%. This means that the inflation rate is 5% for this example.

To know more about inflation rate click on below link:

https://brainly.com/question/30907190#

#SPJ11

project risk is lowest during the: concept stage of the project life cycle. implementation stage of the project life cycle. termination stage of the project life cycle. development stage of the project life cycle.

Answers

The project life cycle stage where risk is lowest is when the project is terminated.

When in a project's life cycle is risk the greatest?

Stakeholders have the most power to affect project results during the project's first phases. Due to the huge proportion of unknowable elements, risk is at its maximum during this phase.

Why is a project considered low risk?

Minimal risk suggests that there won't be a significant negative effect on the organisation should the project fail. Hard implementation describes the resources needed to successfully accomplish the project, which include both a large number of people and a large sum of money or assets.

To know more about project visit:-

https://brainly.com/question/29564005

#SPJ1

normative economic statements group of answer choices violate the law of ceteris paribus. contain value judgments. are usually irrational. are easily testable.

Answers

Normative economic statements "contain value judgments" and are usually irrational. Thus, Option B is correct.

Normative economic statements are subjective statements that involve value judgments and opinions. These statements cannot be easily tested or proven true or false, as they are based on personal beliefs and opinions. They are different from positive economic statements, which are objective and based on empirical evidence.

Normative statements violate the law of ceteris paribus, which means that they do not consider all the factors that could affect an economic decision. As a result, they cannot be easily tested or verified. It is important to differentiate between normative and positive statements when analyzing economic theories and policies.

Learn more about Normative economic https://brainly.com/question/30158206

#SPJ11

a change in relative prices between two counties has caused net exports to increase, resulting in real gdp increasing from $12,000 to $17,000. what is the percent change in real gdp? round your answer to the nearest tenth.

Answers

The percent change in real GDP between two countries is (17000 - 12000) / 12000 = 41.7%. The percent change in real GDP is 41.7%, rounded to the nearest tenth.

To find the percent change in real GDP, we can use the following formula:

Percent change in real GDP = ((New real GDP - Old real GDP) / Old real GDP) x 100%

Substituting the given values, we get:

Percent change in real GDP = ((17000 - 12000) / 12000) x 100%

Percent change in real GDP = (5000 / 12000) x 100%

Percent change in real GDP = 41.7%

Therefore, the percent change in real GDP is 41.7%, rounded to the nearest tenth.

Learn more about real GDP: brainly.com/question/30393955

#SPJ11

philip morris markets marlboro cigarettes, the number-one selling cigarette brand in the world. outside the united states, marlboro generates huge profits that philip morris uses to support other less successful sbus. according to the bcg matrix, marlboro is an example of a .

Answers

Marlboro is an example of a cash cow according to the BCG Matrix.

Cash cows have high market share in a mature market, meaning that they have already established themselves as a leader in their market, and the demand for their product is stable and consistent.

Marlboro cigarettes have been the leading brand of cigarettes in the world for decades and the demand for their product remains steady. The profits from Marlboro cigarettes outside the United States are used to support other, less successful SBUs within the Philip Morris company. As a cash cow, Marlboro brings in steady profits to the company, which can then be used to support the other parts of the business.

In summary, according to the BCG Matrix, Marlboro cigarettes are classified as a cash cow. A cash cow is a product that has a high market share in a low-growth industry, generating excess cash that can be used to fund other business units that are not as profitable.

For more such questions on BCG Matrix.

https://brainly.com/question/30564628#

#SPJ11

fill in the blank A human resource ______ of an organization reveals the demographic of the firms labor force and whether it is technically up to date an thoroughly trained.

Answers

A human resource audit of an organization reveals the demographic of the firms labor force and whether it is technically up to date an thoroughly trained.

What is Human Resource Audit?

Human resource audit is an examination of policies, procedures, documentation, systems, and practices of a human resource function.

The primary purpose of HR audit is to determine the effectiveness of HR policies and practices in order to ensure the HR department is in compliance with employment laws and to improve the overall functioning of the organization.

The audit identifies areas of HR where deficiencies exist and what actions need to be taken in order to rectify those deficiencies.

An HR audit should cover:

Employment policies and procedures

Personnel files

Benefits administration

Payroll Administration of human resources programs and functions

Training and development programs

Equal employment opportunity and affirmative action programs

Performance appraisal systems

Labor relations and compliance with employment laws

Occupational health and safety policies and practices

Personnel transactions conducted on an HRIS

To know more about audit visit:

https://brainly.com/question/14513504

#SPJ11

berta, the manager of an automobile showroom, announces a new scheme wherein the company offers an all-expenses paid trip to the salesperson who sells the most number of cars in the next quarter. this inspires berta's subordinates to work harder and improve their performance. in this scenario, berta uses a(n) . group of answer choices countertransference technique intrinsic motivation technique counterconditioning technique positive reinforcement technique

Answers

In this scenario, Berta is using a Positive Reinforcement Technique to motivate her subordinates.

Positive Reinforcement is a type of behavior modification that rewards desirable behavior. By offering an all-expenses paid trip to the salesperson who sells the most cars, Berta is providing a positive reward that encourages her subordinates to work harder and improve their performance.

This reward serves as a motivation for them to strive for higher results and encourages them to maintain their performance. By implementing this technique, Berta is reinforcing the desired behavior, which in turn leads to better outcomes.

To know more about Positive Reinforcement click on below link:

https://brainly.com/question/29663095#

#SPJ11

your assistant gives you the following diagram as the efficient frontier of the group of stocks you asked him to analyze. the diagram looks a bit odd, but your assistant insists he double-checked his analysis. would you trust him? is it possible to get such a diagram?

Answers

No, I wouldn't trust him as it is not possible to get such a diagram as it does not meet the instructions of the given data and required efficient frontier.

The efficient frontier is the set of optimal portfolios that either offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected return. Portfolios below the efficient frontier are suboptimal because they do not provide sufficient returns for their risk levels. Portfolios clustered on the right side of the efficient frontier are suboptimal because they have a higher level of risk for the defined return.

Introduced by Nobel laureate Harry Markowitz in 1952, Efficient Frontier Theory is the foundation of Modern Portfolio Theory (MPT).

The Efficient Frontier evaluates/estimates portfolios (investments) on a scale of return (y-axis) versus risk (x-axis). Asset compound annual growth rate (CAGR) is commonly used as a return component and standard deviation (annualized) is a risk metric.

To learn more about efficient frontier, here:

https://brainly.com/question/13500436

#SPJ4

Complete question:

Your assistant gives you the following diagram as the efficient frontier of the group of stocks you asked him to analyze. the diagram looks a bit odd, but your assistant insists he double-checked his analysis. would you trust him? is it possible to get such a diagram?

the period between a business cycle peak and a business cycle trough is called part 2 a. expansion. b. recalculation. c. diffusion. d. recession.

Answers

The period between a business cycle peak and a business cycle trough is called a recession.

Business Cycle:

Business cycles are a recurring series of booms and slumps in economic activity. They are often referred to as cycles, and the cycles in the economy can be studied and observed over time. There are many phases to the business cycle, including the peak, contraction, trough, and expansion.

Business Cycle Peak:

A cycle peak, also known as a business cycle peak, is a point in time when economic activity has reached its peak, and the economy is set to enter a contraction phase.

During this phase, unemployment rises, and economic growth slows. The period between a business cycle peak and a business cycle trough is called a recession. The period between a business cycle trough and the next business cycle peak is referred to as an expansion phase.

To learn more about recession, refer below:

https://brainly.com/question/18075358

#SPJ11

if 63 million workers produced gdp in mexico in 2018, using the bar graph, how much output did the average worker produce?

Answers

To calculate the output of the average worker, we need to divide the GDP by the number of workers. Using the bar graph, we can estimate that the GDP for Mexico in 2018 is approximately $2 trillion.

Therefore, the output of the average worker can be calculated as follows: Output of the average worker = GDP / Number of workers Output of the average worker = $2 trillion / 63 million Output of the average worker ≈ $31,746Therefore, the output of the average worker in Mexico in 2018 was approximately $31,746.

GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.

to know more about GDP refer here

https://brainly.com/question/30111703#

#SPJ11

an economy in which elements of both private enterprise and government intervention are present is known as:

Answers

An economy that contains elements of private enterprise and government intervention is called a mixed economy.

A mixed economy is an economic system that combines elements of both capitalism and socialism. It has characteristics of both capitalism and socialism, but it is not purely either of them. It's a hybrid system that blends the best of both worlds.

What is a private enterprise? A private enterprise is a system in which businesses are owned and operated by individuals or groups of individuals. In a private enterprise system, the government has little or no involvement in the operation of businesses.

What is government intervention? Government intervention refers to the involvement of the government in the operation of the economy. The government may use its power to regulate or control economic activity, to redistribute income and wealth, or to provide public goods and services. Government intervention is often seen as necessary to correct market failures and ensure that the economy operates efficiently and fairly. However, too much government intervention can be harmful to economic growth and development.

Learn more about government intervention https://brainly.com/question/30416392

#SPJ11

during times of economic recession, what can stimulate the economy? group of answer choices both monetary and fiscal policy can be used to influence economic activity the government erases debt for both individuals and businesses the central bank uses monetary policy to determine how much money and credit is available to consumers the government uses fiscal policy to impact government spending and taxes

Answers

During times of economic recession, both monetary and fiscal policy can be used to influence economic activity. The central bank uses monetary policy to determine how much money and credit is available to consumers, while the government uses fiscal policy to impact government spending and taxes.

What is Fiscal Policy?

Fiscal policy is the use of government revenue collection and expenditure to influence the economy. The two major instruments of fiscal policy are government spending and taxation.

Changes in the level and composition of taxation and government spending can influence the following macroeconomic variables in an economy:

Aggregate demand and the level of economic activity;The pattern of resource allocation;The distribution of income;Fiscal policy is frequently used in conjunction with monetary policy, which attempts to influence the supply of money and credit in the economy.What is Monetary Policy?

Monetary policy is the process by which the monetary authority of a country, like a central bank, controls the supply of money, often targeting an inflation rate or interest rate to guarantee price stability and general trust in the currency. Monetary policy is usually contrasted with fiscal policy, which focuses on government spending and taxation, and is implemented by the government rather than the central bank.

In monetary policy, the central bank uses several policy tools to influence the availability and cost of money and credit. These include open market operations, the discount rate, and reserve requirements, among others. Monetary policy is executed through a variety of channels, such as interest rates and credit flows. Monetary policy can be used to stabilize macroeconomic variables like inflation, output, employment, and foreign exchange rates, among others.

To know more about monetary and fiscal policy refer here :

https://brainly.com/question/29694955#

#SPJ11

what three things do businesses typically do when faced with increased risk from cross-border investments?

Answers

Businesses typically take the following three steps when faced with increased risk from cross-border investments: diversification, hedging, and insurance.

Diversification means investing in a variety of assets, as it reduces the risks of a single investment. Hedging is the use of financial instruments to reduce the potential losses of a particular investment.

Lastly, insurance can be purchased to protect against any losses due to unexpected changes in the market.

By diversifying, hedging, and insuring investments, businesses are able to reduce their risk from cross-border investments.

To know more about cross-border investments click on below link:

https://brainly.com/question/13930387#

#SPJ11

the company has its camera and drone assembly facilities in thailand. singapore. japan. taiwan. mexico.

Answers

The company has its camera and drone assembly facilities in Thailand, Singapore, Japan, Taiwan, and Mexico.

This has allowed the company to take advantage of the wide variety of resources and locations available to them, while also taking advantage of the different cost structures and production capacities offered by each country.

In Thailand, the company is able to benefit from the low-cost labor, while in Singapore, the government has given incentives for companies that manufacture in their country. In Japan, the company is able to benefit from the country's expertise in manufacturing electronic products and advanced technologies.

In Taiwan, the company can benefit from the low cost of materials and components. Lastly, in Mexico, the company is able to take advantage of the low production costs and its proximity to the United States. By having assembly facilities in all these countries, the company can maximize their profits and reach a larger customer base.

To know more drone here

https://brainly.com/question/17678240

#SPJ11

the value of the slope of a society's production possibility frontier is called its a. unemployment rate. b. marginal rate of transformation. c. marginal rate of substitution. d. inflation rate.

Answers

The value of the slope of a society's production possibility frontier is called its marginal rate of transformation.

The production possibility frontier (PPF) illustrates the amount of output of one commodity that must be given up to generate a single unit of another commodity, assuming that all inputs and technological factors are constant. It depicts the maximum amount of products that an economy can produce, provided that its resources are utilized effectively and efficiently, as well as the available technology is employed optimally.

The slope of the production possibility frontier is referred to as the marginal rate of transformation. It demonstrates the rate at which the production of one commodity must be reduced to increase the production of another commodity by a single unit.

As a result, it represents the opportunity cost of producing a product in terms of other goods, as the price of one item rises as the price of the other falls. The production possibility frontier and its slope are both critical in economic studies.

It assists in the comprehension of the concept of opportunity cost, which is the cost of selecting one option over another. Furthermore, understanding the PPF can aid in the selection of the most efficient production technique, allowing for the production of more goods while minimizing the opportunity cost.

To know more about production possibility frontier refer here:

https://brainly.com/question/27833900#

#SPJ11

what is the term for the negative result of an organization raising the price of a product too far above the equilibrium

Answers

The term for negative result of an organization raising the price of a product too far above the equilibrium is "price ceiling" or "price floor."

What is a price ceiling?

A price ceiling is a government-imposed limit on the maximum price that can be charged for a particular good or service. The intention behind a price ceiling is often to make that good or service more affordable and accessible to consumers, especially those with lower incomes. Price ceilings are typically implemented during times of economic hardship or crisis, such as during a natural disaster or a recession. However, setting a price ceiling can have unintended consequences, such as shortages, decreased quality, and even a black market for the product or service. In some cases, businesses may stop producing or offering the good or service altogether if they cannot earn a profit under the price ceiling, which can worsen the situation for consumers.

To learn more about price ceiling, visit:

https://brainly.com/question/27169723

#SPJ1

question number 2) government regulation influences the operations of most businesses. which regulatory topic did software ag's ceo briefly discuss?

Answers

Every industry is subject to certain government rules, and institutions are required to abide by these regulations.

What is the purpose of software AG?

Enterprise software integration solutions are offered by the technology firm Software AG (SAG). The company provides a number of platforms, including adabas & natural, apis, integration, and microservices platforms, as well as IoT and analytics systems.

What would you say about Software AG's growth plan?

Its declared objective is to grow through a "string of pearls" acquisition plan that emphasizes selective purchases that offer value in certain areas and are in demand by current clients.

To know more about Software ag's visit:-

https://brainly.com/question/13894865

#SPJ1

when there is a sharp decline in the cboe volatility index (vix), stock prices also tend to decline. group of answer choices false true

Answers


The statement that when there is a sharp decline in the CBOE Volatility Index (VIX), stock prices also tend to decline, is true. The CBOE Volatility Index (VIX) is a measure of market volatility and is often referred to as the “fear gauge”, as it is a measure of the expectation of volatility over the next 30 days.

When the VIX is high, it typically indicates that investors are expecting a sharp market move, either up or down. When the VIX is low, it typically indicates that investors are expecting a relatively calm and steady market. Therefore, when the VIX experiences a sharp decline, this is often a sign that investors are becoming more confident and less fearful, and that stock prices will tend to follow suit.

To illustrate this, consider the recent market volatility caused by the coronavirus pandemic. As the virus spread, market uncertainty increased and the VIX spiked to an all-time high of 82.69. This was followed by a sharp decline in the VIX, as investors became increasingly confident that the worst of the crisis was over. This confidence was reflected in the stock market, and the S&P 500 rose by approximately 25%.

Overall, the statement that when there is a sharp decline in the CBOE Volatility Index (VIX), stock prices also tend to decline, is true. The VIX is a measure of market volatility, and when it declines, it typically indicates that investors are becoming more confident and stock prices will rise as a result.

To know more about refer here :

https://brainly.com/question/28518054

#SPJ11

lawyers work in pleasant surroundings at low risk of injury, but they generally receive higher pay than construction workers. this is because

Answers

The statement that lawyers work in pleasant surroundings at low risk of injury, but they generally receive higher pay than construction workers because: Lawyers work in pleasant surroundings at low risk of injury, but they generally receive higher pay than construction workers because of their higher education and specialized skills.

The level of education required for a lawyer is much higher than for a construction worker. Lawyers usually have completed an undergraduate degree and then have gone to law school for at least three years. During their education, they have learned skills such as research, writing, and critical thinking, as well as specialized knowledge of the law. These skills and knowledge are in high demand and are what allow lawyers to command higher salaries.Construction workers typically do not require as much education and training as lawyers. While there may be some specialized skills required for certain construction jobs, the overall level of knowledge and education required is generally lower than that of a lawyer. This is why construction workers typically receive lower pay than lawyers, even though their jobs may involve more physical labor and a higher risk of injury.

To know more about proffesions click on below link :

https://brainly.com/question/12668758#

#SPJ11

the announcement of an increase in the cash dividend should, according to mm, leads to an increase in the price of the firm's stock. true false

Answers

The announcement of an increase in the cash dividend should, according to MM, leads to an increase in the price of the firm's stock.

MM, also known as the Modigliani-Miller theorem, is an influential economic theory on capital structure. It implies that the market price of a company is decided by its future profits and should be independent of the financing choices made to achieve those profits. When a company announces an increase in the cash dividend, it can lead to an increase in the price of the firm's stock. It is because the dividend payment is an essential component of a firm's value for its investors. Companies use dividend payments to return capital to shareholders and also as a way of signalling that the company is doing well financially, which makes it more attractive to investors. Therefore, an increase in the cash dividend can have a positive impact on the value of the firm's stock.

Learn more about MM https://brainly.com/question/30048242

#SPJ11

if 12,500 units were produced and sold, what is the average fixed manufacturing cost per unit produced?

Answers

The average fixed manufacturing cost per unit produced is calculated by dividing total fixed costs by the number of units produced. In this case, if 12,500 units were produced and sold, the average fixed manufacturing cost per unit is calculated by dividing total fixed costs by 12,500 units.

Total fixed costs can be found by subtracting the variable manufacturing costs from the total costs. This can be calculated by multiplying the variable costs by the number of units produced and subtracting it from the total cost of production. After subtracting variable costs, divide the resulting number by the number of units produced to find the average fixed manufacturing cost per unit.

Therefore, the formula to calculate the average fixed manufacturing cost per unit produced is as follows: Average fixed manufacturing cost per unit produced = (Total cost of production - (Variable cost per unit x Number of units produced)) / Number of units produced.

In this case, the average fixed manufacturing cost per unit produced is equal to (Total cost of production - (Variable cost per unit x 12,500)) / 12,500.

To learn more about manufacturing cost  here:

https://brainly.com/question/8873972#

#SPJ11

As discussed in the text, at minimum, a would‐be plaintiff who wishes to sue an anonymous online poster for defamation or invasion of privacy must _____.

Answers

As discussed in the text, at minimum, a would-be plaintiff who wishes to sue an anonymous online poster for defamation or invasion of privacy must conduct a preliminary inquiry to obtain the poster's identifying information.

A preliminary inquiry is an inquiry that determines whether there is adequate evidence to warrant a criminal trial.

A preliminary inquiry is a mini-trial that is held to decide whether or not there is sufficient evidence to warrant a trial. The inquiry is typically conducted in a lower court, and the prosecutor presents evidence against the defendant to the judge during the inquiry. The accused is allowed to cross-examine any witnesses that are called during the investigation.

Learn more about an Inquiry: https://brainly.com/question/28356253

#SPJ11

a differentiator will always seek out ways of distinguishing itself from similar competitors to justify price premiums greater than the costs incurred by differentiating. group of answer choices true false

Answers

Answer: The statement is generally true.

Differentiation is a strategy that businesses use to make their products or services stand out from similar offerings in the market. By highlighting unique features, benefits, or attributes, businesses can create perceived value for their offerings and justify price premiums that are greater than the costs incurred by differentiating.

However, it is important to note that the success of differentiation depends on several factors, such as the target market, the level of competition, the quality of the offering, and the effectiveness of marketing and branding efforts. Differentiation is not always a foolproof strategy and may not always result in sustained competitive advantage or increased profitability.

Explanation:

aunt butch borrows $19,500 from the bank at 8 percent annually compounded interest to be repaid in 10 equal annual installments. the interest paid in the third year is

Answers

The interest paid in the third year is $1,336, which can be calculated using the formula for the present value of an annuity.

To calculate the interest paid in the third year, we first need to find the amount of each annual installment. We can use the formula for the present value of an annuity to do this:

[tex]PV = PMT x\frac{(1 - 1/(1+r)^n) }{r}[/tex]

Where PV is the present value (the amount borrowed), PMT is the amount of each annual payment, r is the annual interest rate (8% or 0.08), and n is the number of payments (10). Plugging in the given values, we know:

PV = $19,500r = 0.08n = 10

So:

[tex]PMT= PV /\frac{(1 - 1/(1+r)^n) }{r}[/tex][tex]PMT= 19,500 /\frac{(1 - 1/(1+0.08)^10) }{0.08}[/tex]PMT = $3,050.87

So the amount of each annual payment is $3,050.87.

Now we need to find the interest paid in the third year. Since the payments are equal, we can use the formula for the future value of an annuity to find the amount of the remaining payments after two years:

[tex]FV = PMT x\frac{((1+r)^n - (1+r)^t) }{r}[/tex]

where FV is the future value, t is the number of years already passed (2), and all other variables are the same as before. Plugging in the values, we get:

[tex]FV = 3,050.87 x\frac{((1+0.08)^10 - (1+0.08)^2) }{0.08}[/tex]FV = $22,376.98

So after two years, Aunt Butch still owes $22,376.98. To find the interest paid in the third year, we subtract the remaining balance after two years from the total amount borrowed, and then calculate 8% of that amount:

Interest paid in third year = 0.08 x ($19,500 - $22,376.98)Interest paid in third year = $1,336.16

Therefore, the interest paid in the third year is $1,336 (rounded to the nearest dollar).

Learn more about interest paid https://brainly.com/question/29788368

#SPJ11

zack buys a policy and names his wife, tammy, as the beneficiary. she is insured as well. zack is the beneficiary on her policy. zack is killed immediately. tammy dies 10 days later due to complications from the accident. their son, james, is the secondary beneficiary on both policies. james has no will. q: if their son, james, is already dead, then to whom would the life insurance proceeds go?

Answers

If their son James is already dead, then the life insurance proceeds would go to the following beneficiaries: Zack buys a policy and names his wife, Tammy, as the beneficiary. She is insured as well. Zack is the beneficiary on her policy.

Zack is killed immediately. Tammy dies ten days later due to complications from the accident. Their son, James, is the secondary beneficiary on both policies. James has no will.

If James is already dead, then the life insurance proceeds will go to the contingent beneficiary, which is the person or entity named to receive the proceeds if the primary beneficiary predeceases the insured.

The life insurance policy's language determines the contingent beneficiary. If no contingent beneficiary is specified, then the proceeds will go to the insured's estate.

To know more about  life insurance policy's refer here:

https://brainly.com/question/30733813#

#SPJ11

who at ucf is required to comply with the prohibition of discrimination, harassment and related interpersonal violence policy? group of answer choices faculty and staff only faculty, staff, students and ucf-affiliated vendors non-affiliates of ucf, such as visitors students only

Answers

The group of people at UCF who are required to comply with the Prohibition of Discrimination, Harassment and Related Interpersonal Violence Policy are faculty, staff, students, and UCF-affiliated vendors.

Prohibition of Discrimination, Harassment and Related Interpersonal Violence Policy is an official university policy that prohibits acts of discrimination, harassment, sexual harassment, dating violence, domestic violence, stalking, retaliation, and any other forms of interpersonal violence.

It aims to prevent and promptly address all forms of violence and harassment, foster a safe, respectful, and inclusive learning and working environment, and ensure that the university community is free from any form of discrimination or harassment.

To know more about UCF refer to-

brainly.com/question/25056360#

#SPJ11

the toy box pays an annual dividend of $2.40 per share and sells for $46.60 a share based on a market rate of return of 15 percent. what is the capital gains yield?

Answers

The capital gains yield is 9.44%.

Capital gains yield is the percentage of an investment's value that increases in a given year as a result of share price increases. In this question, we are asked to find the capital gains yield of the toy box that pays an annual dividend of $2.40 per share and sells for $46.60 a share based on a market rate of return of 15 percent. The formula to calculate capital gains yield is: Capital gains yield = (P1 - P0) / P0 × 100%Where:P0 is the purchase price of the stock, which is $46.60P1 is the selling price of the stock, which is unknown at this point.

Therefore, the formula to calculate the capital gains yield can be written as: Capital gains yield = (P1 - $46.60) / $46.60 × 100%We need to solve for P1. To do that, we can use the following formula: Market rate of return = dividend yield + capital gains yield Or Capital gains yield = market rate of return - dividend yield .Substituting the values into the above formula: Capital gains yield = 15% - ($2.40 / $46.60)Capital gains yield = 9.44%Therefore, the capital gains yield is 9.44%.

To know more about  Capital gains yield click on below link:

https://brainly.com/question/28566503#

#SPJ11

teenagers have more frequent unemployment spells and spend more time searching for jobs. other thing the same, this means that teenagers have a

Answers

Yes, Teenagers have more frequent unemployment spells and spend more time searching for jobs. This is due to the fact that teenagers often lack the experience and qualifications needed for more competitive jobs.

Additionally, employers are often reluctant to hire teenagers due to lack of reliability or potential for a lack of commitment to a job.

As a result, teenagers often spend more time searching for jobs and experience longer unemployment spells than adults with more experience and qualifications.

In conclusion, other things being equal, teenagers have a higher risk of unemployment and longer spells of unemployment than adults due to lack of experience and qualifications, as well as employers' reluctance to hire them.

To know more about unemployment spells refer here:

https://brainly.com/question/12914377#

#SPJ11

Other Questions
which statement is true about non-verbal communication? a. when verbal and nonverbal messages conflict words are more persuasive than nonverbal cues. b. emotions are contagious c. body language accounts for most of the message we send to others. d. nonverbal cues are automatic echoes of spoken messages. The organizational and managerial skills necessary to orchestrate a diverse set of resources and deploy them strategically are called ____ if sarah's current salary is 25,000 per year and she is due to get a 3% raise this year in addition to a 2% cost of living increase, how much will her salary be after these increases take effect? the volume of a cube decreases at a rate of 6 m 3 / s . find the rate at which the side of the cube changes when the side of the cube is 4 m . answer exactly or round to 2 decimal places. suppose that you purchased a debt obligation three years ago at its par value of $100,000 and nine years remaining to maturity. the market price of this debt obligation today is $90,000. what are some reasons why the price of this debt obligation could have declined since you purchased it three years ago? How are jurors 9 and 2 in 12 angry men if you're good at quadratics... What is the endpoint of a line segment with these points? Endpoint: Z(21, 15) Midpoint: M(13, 29) (5, 43) (17, 22) (27, 21) (29, 1) 26. In the given figure, OP || RS. ZPQR = 60 and QRS = 130. Then what is the measure of ZOPQ? S P 60% R 130 if one flag pole is y feet tall and casts a shadow x feet long, then how tall is another nearby flag pole that casts a shadow p feet long at the same time of day? A triangle with side lengths 7, 6, 4 isAcuteRightObtuse the nurse is caring for a 6-month-old infant with diarrhea and dehydration. the parent is concerned because the infant has some patches on the tongue. which feature indicates a geographic tongue? growth of global business as a critical element in the world economy is known as: a. internationalization. b. market awareness. c. multinationalism. d. legitimization. A house plan has concrete stairs leading down into the garage. How much concrete is needed to make the stairs? 3 ft 2 ft 8 ft 5 ft [? ] ft 2 ft 8 ft 1 ft PLEASE HURRY !! I NEED HELP!!! when assessing a client who has aortic stenosis and is scheduled for aortic valve replacement, which finding by the nurse is most important to communicate to the health care provider? do you think world war 1 was avoidable why or why not which of the following statements regarding fringe benefits is false? multiple choice the general rule is that an employee fringe benefit is taxable unless the benefit is specifically excluded from the employee's gross income. employers are not allowed to deduct the cost of nontaxable employee fringe benefits. nontaxable fringe benefits must be provided to employees on a nondiscriminatory basis. none of these choices are false. ethyl benzene is treated with (i) br2 and febr3 and (ii) br2 and light or heat separately. do you think the products will be same? justify your answer. "resources are arranged sequentially according to the steps needed to make a product"is the meaning of?