A leading U.S. clothing manufacturer (“Harner Co.”) has steadfastly refused to move its’ manufacturing facilities overseas where labor costs are much lower. All its competitors manufacture overseas and sell merchandise in the U.S. cheaper than Harner Co. Harner’s profits are dropping, but thousands of employees who will find it hard or impossible to obtain similar jobs will be fired if Harner manufactures overseas. What should Harner do? Apply the theories of social responsibility of business.
You are given a choice of taking the simple interest on 100,000 invested for 2 years
You are given a choice of taking the simple interest on 100,000 invested for 2 years at a rate of 3% Or the interest on 100,000 invested for 2 years at an interest rate of 3% compounded quarterly.Which investment earns the greater amount ofinterest? Give the difference between the amounts of interest earned by the two investments.The investment with -----------interest earns $________more interest ((Round to the nearest Cent as needed) Karen Gaines invested $10,000 in a money market account with an interest rate of 1.75% compounded semiannually. Six yearslater, Karen withdrew the full amount to put toward the down payment on a new house. How much did Karen withdraw from the account? Karen withdrew $ . (Round to the nearest cent as needed.) Click here to download the Solution
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