Income inequality, housing policies, limited educational opportunities, and a lack of support structures causes wealth gap .
The stark disparity between the wealthy, who controlled a third of all wealth, and the poor, who had no savings at all, contributed to the Great Depression. Many people lost their fortunes as the economy deteriorated, and some members of high society were pressured to scale back their opulent lifestyles.
Private property can be passed down from one generation to another, which is another feature of capitalism. As a result, those who inherit money can live comfortably even without working hard. The best private education and careers are available to them. Both inequality of opportunity and inequality of outcome are produced as a result.
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Why does contractionary monetary policy increase interest rates?
In a contractionary policy, the money supply is restricted by raising central bank interest rates.
All the money and other liquid assets present in an economy on the measurement date are referred to as the money supply. The money supply roughly consists of deposits that can be utilized virtually as easily as cash in addition to actual currency.
Governments issue coin and paper money through a mix of national treasuries and central banks. By dictating to banks what reserves they must maintain, how to offer credit, and other financial issues, bank regulators have an impact on the amount of money that is available to the general people.
By regulating interest rates and altering the amount of money flowing through the economy, economists study the money supply and create policies based on it. Because the money supply may have an impact on price levels and inflation, both the public and private sectors conduct analyses.
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the management at true ink had a problem because the employee productivity was low. to solve this problem, the management first introduced productivity-based incentives and then it trained the employees to perform better. when the problem was not solved, the management realized that job rotation would drive the employees to perform better. in the context of strategies for increasing creativity in problem solving, this method of working toward a solution would be referred to as
The management at true ink had a problem because the employee productivity was low. this method of working toward a solution would be referred to as a trial and error approach.
What is a trial and error approach.?Generally, In this case, the management at True Ink tried a number of different strategies in an attempt to solve the problem of low employee productivity.
They started with productivity-based incentives, then provided training to try to improve performance, and eventually tried job rotation as a potential solution.
This approach involves trying out different strategies and seeing which ones work best, rather than relying on a single solution or method. This type of trial-and-error approach can be effective in problem-solving, particularly when the problem is complex or not well understood.
However, it is important to carefully evaluate the results of each strategy and adapt as necessary in order to find the most effective solution.
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Select the correct term to complete the description of sarah’s shopping experience. sarah went to a store and saw rows of paper towel products. she recalled that a particular company claimed to have the sturdiest paper towels. because of the company’s ads, sarah experienced_____while shopping at the store. it influenced her decision making.
Sarah experienced brand awareness while shopping at the store. It influenced her decision making.
How certain clients can distinguish a product is referred to as brand awareness in industry jargon. Customers' knowledge of the trademark should generally include positive perceptions of the traits that distinguish the company from the competition.
Developing brand recognition is an essential step in order to promote a product or rejuvenating an existing brand. A large level of brand consciousness is the great differentiator that keeps a business in front of consumers' minds. A brand that is well-known to consumers may even become identical with the product.
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Which country is an example of a closed economy today?
In terms of proportion, Brazil is a country that can be regarded as an example of a closed economy today.
A closed economy can be referred to as an economy wherein there is no offering of entry and exit to the buyers and sellers in the economy. The control of administrative activities is mostly in the hands of the federal government, or such relevant bodies. Restrictive foreign trade policies and least amount of dependence on imports and exports is experienced in closed economies such as Brazil in present world situations.
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Which sensors could be used for an automatic driving system which sensors would you want to choose for a Range Rover vehicle why?
Radar (Radio Detection and Ranging) sensors are a vital component of autonomous driving's overall performance.
In order to estimate an object's distance (ranging), angle, and radial velocity with respect to a location, a radar detecting system employs radio waves. It may be used to find terrain, guided missiles, motor vehicles, ships, aeroplanes, and spaceships. A transmitter that generates electromagnetic waves in the radio or microwave spectrum, a transmitting antenna, a receiving antenna (often the same antenna is used for both transmitting and receiving), and a receiver and processor to ascertain the properties of the objects are the components of a radar system. The position and speed of the items are revealed by radio waves from the transmitter that are either pulsed or continuous and are reflected off the objects before returning to the receiver.
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a company pays its employees $4,050 each friday, which amounts to $810 per day for the five-day work week that begins on monday. if the monthly accounting period ends on thursday and the employees worked through thursday, the amount of salaries earned but unpaid at the end of the accounting period is:
The amount of salaries earned but unpaid at the end of the accounting period is $3,240
How much money have you made in total?Accrued wages are the amounts of liabilities that remain at the conclusion of a reporting period for wages earned but not yet paid to hourly employees.
This liability is listed in the current liabilities part of a company's balance sheet.
Unpaid wages that have been earned by employees but have not yet been recognized in the accounting records should be entered or recorded using an accrual adjusting entry, which will:
Wage Expense is debited.
Credit Wages Payable is also known as Accrued Wages Payable.
Calculation of the amount of salaries earned:
Since there is only 4 days i.e. from Monday to Friday. And, the per day earned wages is $810
So, the payment for four days is
= $810 x 4
= $3240
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Which are the two sector closed economy?
The only two-sectors closed economy are: the household and the firms.
Which sectors are found in two-sector closed economy?A two-sector closed economy consists of: Household sector, which owns factors of production and makes factor incomes that are used to acquire goods and services; and, Firms or Business sector, which manufactures goods and services with the use of factors offered by the households.
A two-sector economy is the most basic model which contains only two sectors, those are: individuals or households and businesses. In the two-sector economy model, it is accepted that households spend all their incomes as consumer expenditures and buy the goods and services manufactured by businesses.
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Do you tip a Shipt driver?
The concept mentioned here is Shipt, which is an internet-based grocery delivery service. The answer is no, it is not needed but is greatly appreciated.
Tips aren't needed but are greatly appreciated. However, you can add a tip when placing your order by choosing a preselected or custom-made quantum, If you choose to tip. You may also tip in cash or within the app after you admit your delivery.
Shipt is a grocery delivery service that is fleetly expanding its platoon of independent contractors. However, Shipt could be a great way for you to make good plutocrats ( about$ 25 per hour) on your schedule, If you are interested in earning redundant plutocrats in the participating frugality.
still, you will be suitable to add one after your paperback delivers, as usual, If you skip tilting during checkout. You will admit an announcement if you have them turned on, and be urged to tip and rate your paperback the coming time you open the Shipt app.
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What are the 3 types of IRB?
There are three sorts of IRB reviews: full, accelerated, and exempt. A review that is exempt from IRB oversight is not necessary.
What three categories of IRB review exist?Prior to any data collection, IRB must assess all projects that fall under the definition for research and to include human subjects to decide the level of review that should be applied and, if necessary, to approve the projects. Exempt, Expedited, & Full are the three main categories of review.
What kind of IRB doesn't need approval?The term "exempt" refers to a subset of human subjects research that does not require thorough IRB evaluation and approval since the only research activities involving the subjects falls under one or more of the Common Rule's specific exemption categories.
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clampett, incorporated, has been an s corporation since its inception. on july 15, 2022, clampett, incorporated, distributed $51,000 to j.d. his basis in his clampett, incorporated, stock on january 1, 2022, was $46,500. for 2022, j.d. was allocated $11,500 of ordinary income from clampett, incorporated, and no separately stated items. what is j.d.'s basis in his clampett, incorporated, stock after all transactions in 2022?
In the Clampett, incorporated corporation, on the J.D.'s basis in his Clampett, incorporated, stock after all transactions in 2022 is $ 7,000.
What do you mean by the Stock?A stock is a colloquial phrase for any company's ownership certificates. On the other hand, a share alludes to a certain company's stock certificate.
You become a shareholder if you possess shares of a specific corporation. There are two sorts of stocks: ordinary and preferred.
A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets.
Here,
J.D basis in his Clampett Inc., stock after all transactions in 2022 is as follows:
J.D basis in his Clampett Inc., stock $ 46,500
Add: Allocation of ordinary income from Clampett Inc. $ 11,500
Total Basis $ 58,000
Less: Distribution $ 51,000
J.D basis in his Clampett Inc., stock after all transactions
in 2022 $ 7,000
Therefore, in the Clampett, incorporated corporation, on the J.D.'s basis in his Clampett, incorporated, stock after all transactions in 2022 is $ 7,000.
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What is the central conflict in this story?
The central conflict in this story is the fight between the protagonist John and the antagonist Company. John is a young man trying to find a way to make a living for himself and his family, but the Company is a large and powerful corporation standing in his way.
It is clear from the beginning that John is an underdog and is up against a huge organization that is out to profit and exploit him and his family. Throughout the story, John must contend with the Society's nefarious practices, lack of empathy, and refusal to listen to his pleas for justice. He must use his own strength and ingenuity to make a living while standing up for himself and others who are being abused. In the end, John is able to defeat the Society and prove that he is not only a helpless individual, but also a determined and capable protagonist.
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All of the following are characteristics of cooperative federalism EXCEPT
O National and state agencies typically undertake government functions jointly rather than exclusively.
O Decision-making power is distributed across multiple entities and at multiple levels of government.
O Multiple levels of government providing similar services can sometimes be confusing to citizens. 5 8
O The functions and responsibilities of the national and state governments are clearly separate.
O The nation and states outinely share power.
The concept mentioned is about Cooperative federalism. The answer is, the functions and responsibilities of the national and state governments are clearly separate.
Federalism is a mixed or composite mode of government that combines a general government with indigenous governments in a single political system, dividing the powers between the two. Generally, an overarching public government is responsible for broader governance of larger territorial areas, while the lower services, countries, and cosmopolises govern the issues of original concern.
Cooperative federalism, also known as marble-cutlet federalism, is defined as a flexible relationship between the city and state governments in which both work together on a variety of issues and programs.
It has three fundamentals:
public and state agencies perform common functions, not just separate bonesthey routinely partake in power; and power in government is fractured rather than concentrated in one position.To know more about Cooperative federalism,
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Performance feedback is most effective when managers communicate tactfully and honestly with employees being appraised. stress negative performance without communicating any employee strengths. stress positive performance and downplay negative performance. deliver the feedback without providing an opportunity for employee input. Distributive justice is fairness in the treatment of all employees when decisions are implemented. fairness of the decision itself. fairness in the decision-making process. providing a justification for decisions and actions. An element of good customer service is being at work on time consistently. active in the community. responsive to your customers and their needs. a good team player. The service industry comprises about ____ of American workers. 28%40% 75% 86%
1. When managers communicate tactfully and honestly with employees being evaluated, performance feedback is most effective.
An effective performance feedback process promotes consistency in a performance review, motivates all employees to perform to their full potential, and is conducted in a fair and transparent manner. This is a continuous process that aligns employees' and managers' efforts with individual, departmental, and strategic goals.
2. Distributive justice is Fairness in the treatment of all employees when decisions are executed
When employees believe that the outcomes are equitable, they experience distributive justice. These outcomes can be either monetary or intangible, such as positive feedback. When employees believe they are being paid or treated fairly, distributive justice occurs.
3. Being responsive to your customers and their needs is an important aspect of providing good customer service.
Customer happiness is enhanced by timely, helpful communication, and superstar customer support teams go above and beyond to ensure customers know they are a priority. In addition to responding to questions and issues immediately, as in the preceding example, they provide well-informed responses that address issues.
4. Approximately 86% of American workers are employed in the service industry.
A service industry provides intangible goods or services to people and completes tasks that benefit customers, clients, businesses, or the general public.
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The decision rendered in the dred scott case was applauded by?
The decision about "Dred Scott" case was applauded by pro-slavery southerners
The Dred Scott v. Sandford case was a landmark decision of the US Supreme Court. In this case, Dred Scott, an enslaved man taken by his owner to live in a free state and territory, argued that he should be granted his freedom because he had lived in a free area. The Court, however, ruled against Scott, stating that as a black person, he was not a citizen and thus, did not have the right to bring a lawsuit.
The decision in the Dred Scott case was widely applauded by pro-slavery southerners, who saw it as a victory for their cause. They argued that decision affirmed their right to own slaves and to take them into free states without fear of losing their property. Many northerners were outraged by the decision, which they saw as a blatant endorsement of slavery and an affront to the principles of freedom and equality.
Complete Question
The decision rendered in the "Dred Scott" case was applauded by
A) Republicans
B) conservative unionists
C) abolitionists
D) pro-slavery southerners
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Is big data analytics a good career?
It will be a great professional decision to choose a job in big data and analytics, and you might discover the role you are looking for there. Working in this industry, professionals can anticipate
What else do you understand by analytics?Finding useful patterns in data is the goal of the computer science discipline known as analytics. Analytics, often known as data analytics, is the process of sorting through enormous data sets to find, decipher, and disseminate new information.
Why are analytics used?analytics important Understanding patterns and trends arising from the vast amounts of data being collected requires the use of data analytics. It aids in cost reduction, audience understanding, future results forecasting, and business performance optimization.
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Effective marketing benefits an organization by:
O revealing effective management techniques
O streamlining the production process
O driving product or service improvements
Effective marketing benefits an organization by driving product or service improvements. The correct option is C.
What makes effective marketing?Customers' preferences and interests should be taken into account in marketing strategy. Everywhere possible, businesses should try to implement a data-capture strategy. Companies can create and grow trustworthy relationships with customers and clients by collecting data from them. This will help the company's products and services.
The benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their decision to purchase. A marketing strategy, which should be a component of your business plan, can also help with demand creation and maintenance as well as relevance, reputation management, and competition.
Thus, the ideal selection is option C.
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Farmers need to make many decisions about how they grow their crops. one of these decisions is whether to use synthetic fertilizer or organic fertilizer, such as manure.
a. True
b. False
TRUE Organic fertilizers are those that are created via the breakdown of organic molecules and are devoid of chemicals. On the other side, chemical blending in a laboratory produces synthetic fertilizers.
The following are some benefits of synthetic fertilizers over organic ones. Synthetic fertilizers have a fast effect and result in rapid growth, but organic fertilizers take longer to work. The components of organic fertilizers are ad hoc, and there is no set ratio of growth-promoting ingredients in them. A predetermined ratio of elemental ingredients in synthetic fertilizers aids in the appropriate development of the crops. While synthetic fertilizers are created to be water-soluble, organic fertilizers occasionally are not.
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What are the 5 consumer decision process?
identify, link, find, counsel, and conclude. the five steps in the decision-making process used by consumers
Which five rules apply to decisions?Consumers make decisions based on five criteria: conjunctive, disjunctive, aspect-based elimination, lexicographic, and compensatory. When making a decision, consumers usually combine many rules.
Why does the consumer decision-making process matter?Understanding consumer decision-making process helps you foresee the demands of the consumer, which in turn enables you to develop marketing or sales tactics based on those needs.
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hoops incorporated sells basketballs. each basketball requires direct materials of $16.50, direct labor of $10.00, variable overhead of $11.00, and variable selling, general, and administrative costs of $8.50. the company has fixed overhead of $59,000 and fixed selling, general, and administrative costs of $66,000. the company has a target profit of $59,000. it expects to produce and sell 20,000 basketballs. the selling price per unit under the variable cost method is:
The selling price per unit under the variable cost method is: $55.2
What is selling price per unit?A unit selling price is the amount a business charges for the use of one item of goods or service. Determining the selling price per unit is an important business decision that directly affects sales volume.
How to calculate the selling price:
Determine the total cost of all purchased units.Divide the total cost by the number of units purchased to get the cost price.Use the sales price formula to calculate the final price.Selling price = cost + profit margin.Direct material: 20,000 × 16.50 = $330,000
Direct labor: 20,000 × 10.00 = $200,000
Variable overhead: 20,000 × 11 = $220,000
Selling, general and administrative cost: 20,000 × 8.5 = $170,000
Total variable cost: 330,000 + 200,000 + 220,000 + 170,000
= $920,000
Fixed overhead = $59,000
Fixed selling, general, and administrative costs = $66,000
59,000 + 66,000 = $125,000
Total cost: $920,000 + $125,000 = $1,045,000
Target profit = $59,000
Total sales value = $1,104,000
Selling price per unit = Total sales value/Number of basket balls
= 1,104,000/20,000
= $55.2
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during performance appraisals at carson engineering corp., both the host-nation managers and the home-office managers evaluate the performance of expatriate managers. a company might do this to avoid the problem of cultural conflict. unintentional bias. operational errors. overcompensation. culture shock
During performance reviews, the home office and host-nation managers assess the performance of expatriate managers to prevent the problem of cultural conflict. Option A is correct.
What is cultural conflict?
"Cultural Conflict" refers to disagreements that develop when two or more cultural groups coexist in the same society and their cultural values and beliefs collide.
Furthermore cultural conflict comes in two flavors: primary conflict and secondary conflict. Fundamental cultural beliefs are addressed in the primary, while a struggle between the middle and lower classes is covered in the secondary.
The elements includes in the performance appraisal of expatriate employees or managers problems such as technological expertise, cultural sensitivity on an individual and family level, and environmental considerations must also be undertaken.
Therefore it help in removal of cultural conflict between expatriate managers.
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assuming the country is open to international capital flows, which of the following combinations of monetary and exchange rate policies are viable? explain your reasoning. a. a domestic interest rate as a policy instrument and a floating exchange rate. b. a domestic interest rate as a policy instrument and a fixed exchange rate. c. the monetary base as a policy instrument and a floating exchange rate.
A domestic interest rate as a policy instrument and a fixed exchange rate and the monetary base as a policy instrument and a floating exchange rate. (Option B and C)
What happens to capital flows from abroad if domestic interest rates increase?Financial capital moves to the nation with the relatively higher real interest rate and away from the nation with the relatively lower real interest rate when there exist variations in real interest rates between two nations that permit such a movement.
How are exchange rates impacted by capital flows?The demand for both tradable and non tradable goods increases as a result of capital inflows, which also raises the relative price of non tradables and increases the real exchange rate. This is required in order to redirect domestic resources into the production of non tradeables in order to satisfy the rising demand.
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The three major categories included on the statement of cash flows are _____. investing, operating, and financing activities investing, capital, and financing activities investing, operating, and contracting activities financial, operating, and internal control activities
Operating activities, investment activities, and financing activities make up the three divisions of cash overflows.
Cash- related net income activities are included in operating activities. Cash- related non-current asset activities are included in investing. Long- term investments, property, factory, and equipment, as well as the principal sum of loans to other companies, are all exemplifications of non-current means. This order includes effects like money admitted through the trade of land and money invested in another business.( Remember that interest from loans is counted as part of operating activities.) Cash deals involving possessors' equity and non-current liabilities are considered financing activities. The principal balance of long- term debt, stock sales and repurchases, dividend payments, and long- term debt interest payments are among the non-current liabilities and possessors' equity factors.
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Does Medicare count as federal tax?
Yes, using Form 8959, Additional Medicare Tax, individuals will determine their Additional Medicare Tax liability on their individual income tax returns (Form 1040 or 1040-SR). On their individual income tax forms, people must additionally disclose any Additional Medicare Tax withheld by their employers.
The 2022 Medicare tax rate is 2.9%. Both the company and the employee are responsible for paying 1.45% of this sum. A deduction is made from the employee's paycheck for the amount. Yes, even if you or your employer are a foreign national, you must pay the Medicare tax if you have a job in the United States. Your paycheck will immediately deduct the amount. All workers, employers, and independent contractors are required to pay the Medicare tax, which is a percentage of gross wages, in order to support Medicare. The first 0.7% Medicare HI taxes were levied in 1966. 0.35% was split equally between the employer and employee. Employees contributed when their employers withheld it from their wages. Although it has increased since 1966, the Medicare HI tax rate is still lower than the Social Security tax rate. Employers and employees each pay 6.2% of the 12.4% Social Security tax. The Medicare tax is currently 2.9%. 1.45% of that expense is shared between the employer and the employee. The amount of income that is subject to Medicare taxes is unlimited, in contrast to Social Security taxes.
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T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase?
O Interest-Sensitive Whole Life
O Ten-Year Endowment
O Variable Universal Life
O Ten-Year Renewable Term
Answer: Ten-Year Endowment
Explanation: got it right on my test
The policy that T would purchase for $10,000 for replacing the roof of T's house is the ten-year endowment.
An endowment policy is a type of life insurance contract that pays out a lump amount at the end of a specified term or upon death. Up to a particular age restriction, typical maturities are ten, fifteen, or twenty years. Some insurance additionally provide coverage in the event of a catastrophic illness.
Policies are either standard with-profits or unit-linked, including those with unitized with-profits funds. The holder then receives the surrender value, which is decided by the insurance company based on the length of the policy and the amount put into it.
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which of the following statements regarding exchange-traded funds (etfs) is true? qid: 3571124 mark for review a etf shares cannot be traded in the secondary market. b etfs typically have lower fees than actively managed portfolios. c etf shares are priced once per day and sold at their net asset value (nav). d etfs don't pay cash dividends to their shareholders.
The statement that is true regarding exchange-traded funds (etfs) is d) ETFs don't pay cash dividends to their shareholders.
Exchange-traded funds, or ETFs, are a popular investment option due to their low costs and diversification benefits.
However, it is important to note that ETFs do not pay cash dividends to their shareholders. Hence, option d is true.
This is due to the fact that ETFs are structured to track the performance of an index or a basket of stocks, and the underlying components of the ETF do not pay cash dividends.
Investors should be aware that while ETFs provide a great way to diversify a portfolio, they will not provide additional income in the form of cash dividends.
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What is the reason for rejection?
The most common reason for rejection is that the given person is not suitable for the given position. This may mean that the person in question lacks the necessary qualifications, experience or skills. It can also mean that the person doesn't have the right attitude or personality for the job.
For example, if a position calls for someone who is highly organized, but the applicant has a record of being disorganized, the hiring manager may decide that the applicant is not a good fit for the job.
In addition, the applicant may not be a good fit for the company culture. Even if an applicant has the skills and experience, if their values and attitude are not aligned with the company's values, they may be rejected. Finally, the employer may already have someone for the position or may have a better candidate in the pool of applicants.
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Anissa is considering buying her first home. The house she is interested in buying is priced at $139,000. Anissa qualifies for a 30-year mortgage at 6. 45%. What will be her monthly mortgage payment?.
The correct answer for monthly-mortgage payment is option A, $874.01.
Step-by-step solution:
EMI formula is :Here,
p = 139000
r = 6.45%
n = 30 years
Now, putting these values in formula we get,
EMI=px(1+r)^n
---------------
[(1+r)^n-1]
so
p = 139000
r = 6.45/12/100=0.005375
n = 30*12=360
Now, putting these values in formula we get,
139000*0.005375(1+0.005375)^360
------------------------------------------------------
(1+0.005375)^360 - 1
= 139000*0.005375*(1.005375)^360
------------------------------------------------------
(1+0.005375)^360 - 1
= $874.01
Anissa is considering buying her first home. The house she is interested in buying is priced at $139,000. Anissa qualifies for a 30-year mortgage at 6. 45%. What will be her monthly mortgage payment?.
A-$874.00
B-$749.44
C-$629.53
D-$805.23
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What are the 3 ways to prevent and control hazards?
The 3 ways to prevent and control hazards are elimination, substitution and engineering.
The training and protocols required to track employee exposure to and health from hazards like chemicals, materials, or substances, as well as other types of hazards like noise and vibration, are all included in a hazard control programme. A hazard control programme also includes all measures necessary to protect employees from exposure to a substance or system. A written workplace hazard reduction programme should outline the measures being used to decrease exposure and how their effectiveness will be assessed.
Elimination: getting rid of the danger from the workplace.
Substitution: Changing a risky situation (such as using unsafe items or equipment) for a less dangerous one.
Engineering controls: consist of plans for or modifications to machinery, equipment, ventilation systems, and processes that reduce exposure sources.
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Which of these in not an approach to capacity planning? Multiple Choice Leading Tracking Following Forecasting
Forecasting is not an approach to capacity planning
It is not uncommon to use the phrases "trending," "forecasting," and "capacity planning" interchangeably. To understand the influence on business operations, forecasting is the prediction of those recognized patterns on company growth patterns. is a method that makes accurate predictions about the future direction of trends by using previous data as inputs. Forecasting is used by businesses to decide how to allocate their budgets or make plans for impending costs.
The reaction to projections that protect the integrity of corporate operations is capacity planning. Long-term and short-term factors are both taken into account when making capacity planning choices. Short-term factors are related to how effectively the capacity is used to fulfill demand; long-term considerations are related to the total level of capacity, such as facility size.
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Which tool helps the client self assess their cloud landscape to determine the best solution TQ?
Start moving the client's apps if executes first to provide the finest Cloud solution and Cloud landscape.
•Definition of Cloud landscape: Moving data, software, or other business components to a cloud computing environment is known as cloud migration.
There are various methods that a business might migrate to the cloud. Moving applications and data from a nearby on-premises data center to the public cloud is one such model.
Advantages of Cloud Migration: The main goals or benefits of cloud migration are based on factors like performance and security, and they are essentially the same as the justifications for adopting the cloud in the first place: to host applications and data in the most cost-effective IT environment possible.
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