mark has been working at quicklube for six months. he started the job already knowing how to change oil in cars, but now the company is expanding the job to include brake checks and brake replacement. his manager is an expert at all things car-related, so during his shifts for a week, mark is instructed and his manager assists him in checking and replacing the brake pads on twenty cars. he now feels pretty confident about this new skill because of the hands on training he received. this is an example of:

Answers

Answer 1

Mark works directly with the components he works with. This is an example of on job training.

The purpose of job training is to increase productivity, quality, support HR planning, increase member morale, provide indirect compensation, improve occupational health and safety, prevent expiration of personnel skills and knowledge, enhance the development of personnel skills and expertise.

Job training is a means aimed at efforts to further activate the work of both organizational and community employees who were seen as less effective before. Through training, it will be able to reduce the negative impacts caused by a lack of knowledge, lack of self-confidence or limited experience of certain members or groups.

On the job training (OJT) or in-house training is the most widely used method by companies in training their workforce. On the job training is a training method that is implemented in the workplace. Employees learn their work on the fly.

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Related Questions

which benefit of market risk measurement (mrm) provides senior management with information on the risk exposure taken by fi traders?

Answers

The benefit of market risk measurement (MRM) that provides senior management with information on the risk exposure taken by FI traders is the ability to monitor and manage the overall risk of the organization.

Specifically, the value-at-risk (VaR) metric is used to quantify the potential losses that may be incurred due to market movements. By regularly measuring and reporting VaR, senior management can ensure that FI traders are operating within acceptable risk limits and adjust their positions if necessary.

This enables the organization to optimize risk and return, achieve strategic objectives, and avoid catastrophic losses. In addition, MRM can provide senior management with a better understanding of the sources of risk and the effectiveness of risk mitigation strategies.

Overall, MRM is a critical tool for ensuring that FI traders operate in a disciplined and transparent manner and that the organization is able to manage its overall risk exposure effectively.

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which is not an example of transfer income.
a) dividend
b) rent
c) pensions
d) scholarship grant to students​

Answers

Answer:

A - dividen

Explanation:

A is the answet

how many questions should the survey contain to adequately address all possible new menu items, including the notion of assessing the desirability of new cuisines? in short, how can it be determined that all necessary items will be included on the survey without the risk of ignoring menu items that may be desirable to potential customers?

Answers

In order to determine how many questions a survey should contain to adequately address all possible new menu items, the several steps which can be taken are:

Brainstorm a comprehensive list of all potential new menu items, including new cuisines and dishes that are not currently offered.Categorize the potential new menu items into groups, such as appetizers, entrees, desserts, etc.Develop questions that address the desirability of each potential new menu item within each category. Use a Likert scale (e.g. 1-5 or 1-7) to measure the level of interest for each question etc.

How can these adequately address all possible new menu items?

By following these steps, it is possible to develop a comprehensive survey that addresses all possible new menu items, including the desirability of new cuisines, without the risk of ignoring menu items that may be desirable to potential customers.

However, the number of questions in the survey will depend on the number of potential new menu items and the level of detail required for each question. It is important to strike a balance between comprehensiveness and survey length to ensure high response rates and reliable results.

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T/F: outsourcing a service incurs transaction costs such as loss of employee loyalty.

Answers

True, outsourcing a service does incur transaction costs such as loss of employee loyalty. When a company outsources a service, it often involves transferring the responsibilities and work of that service to a third-party provider.

This can result in employees who previously performed those tasks losing their jobs or being transferred to a different department, which can lead to a loss of employee loyalty.

In addition, outsourcing can result in transaction costs such as communication issues, coordination problems, and cultural differences between the company and the outsourced provider. These issues can result in delays, errors, and other inefficiencies that can ultimately impact the company's bottom line.

Despite these transaction costs, outsourcing can still be a viable option for companies looking to reduce costs, increase efficiency, and focus on their core competencies. However, it's important for companies to carefully consider the potential costs and benefits before deciding to outsource a service.

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pulling together the plans of all the organization's managers is the purpose of ______. quizzlet

Answers

Pulling together the plans of all the organization's managers is the purpose of Strategic Planning. Strategic planning is a management activity that is used to establish an organization's priorities, focus resources and ensure that stakeholders (employees, shareholders, customers, etc.) are working towards common goals.

Strategic planning process involves an organization setting its long-term vision, mission and objectives while assessing the external and internal environment.

The strategic plan is then formulated and executed through a set of strategies and tactics that outline how to achieve the objectives set by the organization.

This process is critical for organizations to remain competitive and sustainable. Strategic planning is a way to help leaders communicate the vision of the organization to stakeholders and align them towards the same goals.

It is an ongoing process and it is important to review and revise the plan as the organization's environment changes. Organizations that engage in strategic planning tend to have a better chance of achieving their objectives and sustaining long-term growth.

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what's the difference between "AVERAGE REVENUE" to "MARGINAL AVENUE"?.​

Answers

Answer:

see below

Explanation:

Average revenue refers to the revenue per output. It is the revenue that a business expects to make from the sale of any item. Average revenue is calculated by dividing the total revenue by the total output.

i.e., Average revenue (AR) =  Total revenue (TR) / total output (Q).

Marginal revenue is the revenue generated from the sale of an extra unit. It is the revenue attributed to one more output. It is illustrated by a change in total revenue when one more unit is sold.


In a period of economic difficulty, a product with a low elasticity of demand
will:
A. experience a major decline in sales right away.
B. continue to be purchased at about the same rate.
C. stop being produced until the economy improves.
D. increase in sales due to a perceived lack of supply,

*NEED ASAP*

Answers

I think it has to be A

Greg's average balance checking account pays simple interest of 5.4% annually, and he made $7.20 in interest last month. What was Greg's average balance last month?​

Answers

Answer:

Greg's average balance last month was $ 1,600.

Explanation:

Given that Greg's average balance checking account pays simple interest of 5.4% annually, and I have made $ 7.20 in interest last month, to determine what was Greg's average balance last month the following calculation must be performed:

5.4 / 12 = 7.20

100 = X

0.45 = 7.20

100 = X

100 x 7.20 / 0.45 = X

720 / 0.45 = X

1600 = X

Therefore, Greg's average balance last month was $ 1,600.

Please help!! Unit test question 50 pnts!!!! Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team. Which table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences? A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; physical condition and training; following cases on the news; honest, caring, compassionate, has integrity; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers; physical condition and training; following cases on the news. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; physical condition and training; grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers.

Answers

The table is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. The correct option is (B).

What do you mean by skills, interest?

Passion (or Interests): Do I enjoy engaging in this activity? something that you enjoy doing? Is this an activity I have the talent (or skills) for?

There are three categories of skills: self-management, functional, and specialised knowledge. Functional skills are innate aptitudes or capabilities that are refined through practice and education.

Therefore, the table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.

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2) Ceylon Steel produces steel alloy plates. The firm’s weekly demand for steel alloy plates for the northern province of the country is shown in the table below. The firm’s supply chain manager wants to estimate the demand for week eleven using the moving average method, and the simple exponential smoothing method, and then use MAD to choose between the methods.
Week
Demand (tons)
1
258.5
2
255
3
278.5
4
249
5
249
6
222
7
263
8
220.5
9
270.5
10
222.5

Answers

The given table below depicts the weekly demand for steel alloy plates of Ceylon Steel for the northern province of the country.  Week Demand .5Moving Average Method.

We will use the moving average method to estimate the demand for week eleven, which includes averaging the demand for previous weeks. Here, we assume that demand is stable over time.

The 3-week moving average for the second and third weeks. The 3-week moving average for the fourth and fifth weeks. The 3-week moving average for the sixth and seventh weeks.

 The 3-week moving average for the ninth and tenth weeks is (222 + 263 + 220.5) / 3 = 235.17To calculate the 3-week moving average for the tenth and eleventh weeks.

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Which of these would be most likely to be included in CPI

Answers

Answer:

Frozen Pizzas

Explanation:

Info from the video:

"To calculate this index, the US Bureau of Labor Statistics uses a predetermined fixed basket of goods and services and averaging them together. The goods and services in this basket are developed from a survey of expenditures provided by individuals and families in a typical urban household."

Frozen pizza is an expenditure that could be bought by individuals and families in a household.

WILL GIVE BRAINLY!!!!!!!!

A shift in demand may occur within a community in all of the following cases, except a change in __________.

A. birthrate
B. immigration
C. political leadership
D. age demographic

Answers

Answer:

C. political leadership

Explanation:

A shift in the demand curve occurs in many cases except for a change in political leadership.

What do you mean by demand?

Demand refers to the ability, or willingness to buy a product, goods, or services.

A change in birthrate, immigration, and age demographic are the reasons for shifting in demand but a change in political leadership does not affect the demand.

Therefore, C is the correct option.

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20 points!
Which phrase best completes the table?
Monopoly
Benefits- has lower production costs
?
Drawbacks- allows for little competition between businesses
May lead to price fixing

A. Promotes innovation and entrepreneurship
B. Is less likely to be regulated by the government
C. Has more money for research and development
D. Makes a greater variety of products available to consumers

Answers

Monopoly has more money for research and development is the phase that best completes the table.

What is a monopoly?

A monopoly is when one business holds a dominant position within an industry or a sector to the exclusion of all other serious competitors.

Monopolies are frequently discouraged in countries with free markets. They are viewed as causing price gouging and declining quality because consumers have few other options. They can also concentrate money, authority, and influence in the hands of a single person or a small group of people.

On the other hand, governments may support and even impose monopolies for some basic services like utilities.

The lack of competition that characterizes a monopoly can result in high costs for consumers, subpar goods and services, and dishonest corporate practices.

A business that controls a certain market or industry may take advantage of that status at the expense of its clients. It has the ability to control prices, fudge supply and demand, and produce fake scarcities. It may make it difficult for new competitors to enter the market and prevent experimentation or the creation of novel products. The consumer is at its mercy because they have no other option but to choose a competitor.

Markets that have been monopolized frequently turn unjust, uneven, and ineffective.

Because they either control the majority of the market for their product or are the only provider of it, monopolies often have an unfair advantage over their rivals. Monopolies may vary from one business to another, although they frequently have the following traits in common:

High entry barriers because a single company controls the market, competitors cannot enter it.There is only one seller in the market at this time.Price maker- The business with the monopoly can set the price for its goods without worrying that a rival will undercut it. Prices may be raised at will by a monopoly.

A monopoly may purchase enormous quantities of the raw materials it requires at a volume discount thanks to economies of scale. Then, it can reduce its costs so drastically that smaller rivals won't be able to compete.

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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration

Answers

Each scenario should be matched to the factors that affect the labor market as follows:

Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.

What is immigration?

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

Good governanceSecurityBetter living conditions.WorkJobsSocial amenities

What is a foreign direct investment?

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

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Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

__________________________________________________________

This is 100% right because I took the test

Go to explanation for picture with answers

l

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Explanation:

Here's the picture and I hope this helped!

Have a nice day!

Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

You've been meaning to fix those rotted boards on your porch for years. Finally, last week the deck gave way. The replacement will cost you $3,000. Will you be able to recover the cost of replacement (less your deductible) from your homeowner's insurance?

Answers

We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.

What is homeowner's insurance?

This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc

A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.

Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.

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How much interest is earned on a $300 loan for 5 months at 4.5% interest?

2. Aaron is expecting a payment of $5000 in 120 days. If money can earn 4.5% interest, what would be a suitable amount for Aaron expect to be paid today?

Answers

For a $300 loan at 4.5% interest over 5 months, the interest earned is $67.50

For a $5000 payment expected in 120 days with a 4.5% interest rate, a suitable amount for Aaron to expect to be paid today would be approximately $4820.58.

1. To calculate the interest earned on a $300 loan for 5 months at 4.5% interest, we can use the formula: Interest = Principal × Rate × Time.
  - Principal: $300
  - Rate: 4.5% or 0.045 (convert percentage to decimal)
  - Time: 5 months

  Plugging in these values, we get: Interest = $300 × 0.045 × 5 = $67.50. Therefore, the interest earned on the loan is $67.50.

2. To determine a suitable amount for Aaron to expect to be paid today if he is expecting a payment of $5000 in 120 days with a 4.5% interest rate, we need to calculate the present value using the formula: Present Value = Future Value / (1 + Rate)^Time.
  - Future Value: $5000
  - Rate: 4.5% or 0.045 (convert percentage to decimal)
  - Time: 120 days

  Plugging in these values, we get: Present Value = $5000 / (1 + 0.045)^120 ≈ $4820.58. Therefore, a suitable amount for Aaron to expect to be paid today would be approximately $4820.58.

In summary, for a $300 loan at 4.5% interest over 5 months, the interest earned is $67.50. For a $5000 payment expected in 120 days with a 4.5% interest rate, a suitable amount for Aaron to expect to be paid today would be approximately $4820.58.

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What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.

Answers

Answer:

I think D is correct answer

The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

The information related to the profit is as follows:

It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.

Therefore all the other options are incorrect.

Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

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Which policy covers an organization against losses which might arise as a result of debtors failure to pay their debts​

Answers

Answer:

A credit insurance policy covers an organization against losses that might arise as a result of debtors failing to pay their debts. Credit insurance is designed to protect a business against the risk of nonpayment by its customers or clients. It can cover a wide range of risks, including commercial and political risks, and can be customized to meet the specific needs of an organization. Credit insurance can be an important tool for businesses that rely on credit to fund their operations or that have a large number of customer accounts. It can help to mitigate the financial impact of unpaid debts and reduce the risk of financial losses for the business.

All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT: Price is equal to average revenue. Price is equal to average revenue. A Individual firms produce output where marginal cost equals marginal revenue. Individual firms produce output where marginal cost equals marginal revenue. B Firms can affect the selling price of their product. Firms can affect the selling price of their product. C The market has a large number of firms. The market has a large number of firms. D Firms can easily enter or exit the market.

Answers

Ok so all the Characters in the market price or equal to the average individual firm produce but I put on the cost equals

The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.

The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before
The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before

Answers

Answer: See Image Below

The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before

The adjusting entries for Skysong, Inc. for March is prepared from the given   selected accounts before adjusting entries have been prepared.

What are adjusting entries?

Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.

The adjusting entries are as follows:-

No.   Date           Account Tiles and Explanation       Debit        Credit

1.      March 31        Depreciation expense                      756

                       Accumulated Depreciation expense                        756

2.     March 31    Unearned Rent revenue                        5580

                            Rent revenue                                                        5580

3.     March 31      Interest Expense                                360

                            Interest payable                                                   360

4.    March 31        Supplies Expense                            1935

                               Supplies                                                             1935

5.    March 31       Insurance Expense                             1080

                            Prepaid Insurance                                                    1080

Therefore, the adjusting entries are prepared on March 31.

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abigail bought 28 shares of stock at $30.00 per share. she received dividend of $49.50 during the year. at the end of the year, her stock was valued at $43.50 per share. what was her ROI?

Answers

If  her stock was valued at $43.50 per share. Her ROI is:50.89%

Return on investment

First step

Purchase price=(28×$30)-(28×$43.50)

Purchase price= $840-$1218

Purchase price=$378

Gain in value=$378+ $49.50

Gain in value=$427.5

Second step

ROI=$427.5/$840×100

ROI=50.89%

Therefore the ROI is $15.89%.

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Suzette opened a CD 10 yrs ago at an int

Suzette opened a CD 10 yrs ago at an int

Answers

The Rule of 72 is a straightforward formula for calculating how many years, at a specific interest rate, it would take for an investment to double in value. Option A is correct.

After to rule 70, if her investment doubled, she would have paid?

A cd with an interest rate of 8.2% compounded semiannually was opened by Suzette ten years ago. When did she have half as much money as she does now, if the rule of 72 was applied,

According to the Rule of 72, it would take Suzette's investment about 72/8.44 = 8.53 years to double in value. Suzette would consequently have double the amount of money she initially put in after 8.53 years. The interest rate in Suzette's case is 8.2% compounded semiannually, making the actual annual interest rate 8.44%.

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in 10000 independent tosses of a coin, the coin landed on heads 5800 times. is it reasonable to assume that the coin is not fair? explain.

Answers

Based on the outcome of 5,800 heads out of 10,000 independent tosses, it is reasonable to suspect that the coin may not be fair.

When analyzing the fairness of a coin, one would expect an approximately equal number of heads and tails over a large number of independent tosses. In this case, out of 10,000 tosses, the coin landed on heads 5,800 times. To determine if the coin is fair, we can conduct a hypothesis test using statistical methods.

Using a significance level (commonly denoted as alpha), we can set a threshold for the likelihood of obtaining a result as extreme as 5,800 heads if the coin were fair. If the probability of such an extreme result is low (typically less than 5% or 1%), we would reject the assumption that the coin is fair.

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What is the government's goal when providing a company with a subsidy?
a) the government only provides subsidies to poor people.
b) to manage the control of dangerous products entering the marketplace
c) to increase their supply
d ) to manage their supply

Answers

Answer:

c) to increase their supply

Explanation:

A subsidy is an incentive or motivation from the government to private businesses or individuals. Subsidies are usually in the form of cash, tax breaks, loans, or grants. The government gives subsidies to support production in the sector it wishes to promote.

Subsidies lower the cost of production to the business. Consequently, an entity increases its production quantities and can supply the market at lower prices. Subsidies, therefore, increase supplies in the market at friendly prices.

Which term is used to describe the companies that have low customer contact and are capital intensive, yet they provide a service

Answers

The term that is used to describe companies that have low customer contact and are capital intensive, yet they provide a service is "service factory."

A service factory is a type of service organization that has low customer contact and is capital intensive, yet it provides a service. This type of service factory can be found in industries such as utilities and telecommunications. The company's operations are usually mechanized, and its service delivery is standardized.

For example, a power plant could be considered a service factory because it provides electricity to its customers. The customer has very little interaction with the power plant but relies on its service to operate their homes or businesses.

The primary goal of a service factory is to maximize efficiency and minimize costs. These companies typically use technology and automation to streamline their operations. They are often highly regulated and have large capital investments, which can make it difficult for new entrants to enter the market. Overall, service factories are an important part of the economy because they provide essential services to customers.

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any financial institution with deposits that are insured by a federal government agency can sell mortgages to which institution?

Answers

Any financial institution with deposits that are insured by a federal government agency, such as a bank or credit union, can sell mortgages to a variety of different institutions.

What does these institutions may include?

Mortgage lenders: These institutions specialize in originating and underwriting mortgages and may purchase mortgages from other financial institutions in order to fund new loan originations.

Investors: Individual and institutional investors may purchase mortgages as investments, either directly or through securities such as mortgage-backed securities.

Government-sponsored enterprises (GSEs): GSEs such as Fannie Mae and Freddie Mac are quasi-governmental organizations that purchase mortgages from financial institutions and other mortgage lenders in order to promote liquidity in the mortgage market.

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what company is sponsoring the halftime show and who is performing

Answers

A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise in a commercial or industrial capacity.

What is the meaning of Company?

A group of people can get together to form a corporation, which is a legal body used to conduct and manage commercial or industrial business operations. The business lines of an organization rely on its structure, which can be a corporation, a partnership, or even a sole proprietorship.

A company is a legal person or an officially recognized commercial entity that has been registered under the Companies Act. It may be a private or public business, limited by guarantee or having a share capital, limited or unlimited, or a community interest company.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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A car manufacturer is offering the choice of a 0.2% loan compounded monthly for 72 months or $1800 cash back on the purchase of a $20,500 new car. Completo parts (a) through (c) below.
(a) If a car buyer takes the 0.2% loan offer, how much will the monthly payment bo?
The car buyer's monthly payment will be $
(Do not round until the final answer. Then round to the nearest cont as needed.)

Answers

Answer:

$286.5

Explanation:

Given the following:

Principal (P) = $20,500

Period(n) = 72 months

Rate(r) = 0.2% = 0.002/12 = 0.000166666666

Monthly payment (M) =?

M = P [ r / (1 - (1 + r)^-n) ]

M = 20500[(0.000166666666) / (1 - (1+0.000166666666)^-72)

M=20500[(0.000166666666) / 1 - (1.000166666666^-72)

M= 20500[(0.000166666666) / 0.01192729912821

M = $20500 [ 0.01397354624952]

M = $286.457698115328

M = $286.5

In which of the following professions did the top 10% of earners make less than $100,000 in 2012?

A. Graphic designers

B. Copywriters

C. Market research analysts

D. Advertising sales agents

Answers

The answer Is A!! Graphic designers
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