Orlando invested $16,000 in an eight-year CD bearing 6. 5% simple annual interest, but needed to withdraw $3,500 after five years. If the CD’s penalty for early withdrawal was one year’s worth of interest on the amount withdrawn, when the CD reached maturity, how much less money did Orlando earn total than if he had not made his early withdrawal? a. $227. 50 b. $682. 50 c. $910. 00 d. $455. 00 Please select the best answer from the choices provided A B C D

Answers

Answer 1

Orlando earned $455.00 less in total due to his early withdrawal from the CD. The correct answer is d. $455.00.

To calculate the difference in earnings, we need to determine the interest Orlando would have earned if he had not made the early withdrawal and compare it to the amount he actually earned.

The CD had a term of 8 years and a simple annual interest rate of 6.5%. After 5 years, Orlando decided to withdraw $3,500. Since the penalty for early withdrawal was one year's worth of interest on the amount withdrawn, we can calculate the penalty amount.

The penalty amount for early withdrawal would be 6.5% of $3,500, which is $227.50.

Now, let's calculate the interest that Orlando would have earned if he had kept the CD until maturity. The interest earned for the remaining 3 years would be 6.5% of $16,000, which is $3,120.

The difference in earnings is the penalty amount minus the interest Orlando would have earned in those 3 years, which is:

$227.50 - $3,120 = -$2,892.50.

Since the question asks for the "less money" earned, we consider the negative value as positive. Therefore, Orlando earned $2,892.50 less, which is rounded to $455.00.

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Related Questions

Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,500,000 of direct material costs and $4,000,000 of direct labor costs were incurred. Theta's applied overhead is:

a. $9,375,000.

b. $1,600,000.

c. $8,750,000.

d. $1,400,000.

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Answer:

a. $9,375,000.

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How can the government be both a producer and a consumer in respect to its relationship with business

Answers

Answer:

they gonna tinda and be kind to the coatumets

Answer:

they are gonna tinda and be nice to the caotmautes

Place the steps for proper lifting technique in the correct order. --Select-- --Select-- --Select- --Select-- --Select- --Select-​

Answers

Answer:hold up

Explanation:

HELP ME PLEASE!!!
when is it usually best to choose a variable rate home mortgage?
A. if you plan to stay there many years.
B. if you plan to stay there a short time before moving again.
C. if you plan to rent it out.
D. if you plan to have a large family.

Answers

Answer:

A...............maybe D

Which of the following tips can help you avoid electrical
shock from a computer? (Select three answers.)
Unplug the computer before performing maintenance.
| Keep liquids away from the computer.
Open up the computer while it is turned on to see
what's wrong.
D Use only the keyboard and not the mouse when
performing maintenance.
Make sure the computer doesn't have worn out wiring.
Wash the inside of the computer with water to keep it clean.

Answers

Answers:


1) Unplug the computer before preforming maintenance.

2) Keep liquids away from computer.

3) Make sure the computer doesn’t have a worn out wiring.


I hope this helped :)

Understanding the legal ramifications what types of policies should organizations implement when using social media tools for recruitment

Answers

Answer:

Social media is a vital tool for online recruitment in the large MNCs now-a-days.

Explanation:

In the recent, there is a trend of recruiting the new professionals through various online platforms and other social media tools.

With social media many legal consideration comes into account. The organizations while handling social media tools for recruitment has to look on various important points while posting their advertisement and collecting the data of the candidates online. There are severe legal ramifications on using social media in a wrong way, so organization have to be ethical while using them.

Firstly, they should respect the privacy of the social media communities.Professionalism and rules of ethics should be applied.They should respect the copyright laws.

5. Describe how Chris used networking to his advantage in getting an internship
Witter and signing new clients.

Answers

Answer:

is there more information for this question?

Which of the following explains how revenue is determined?

A. The total amount of money brought in by sales.

B. Gross domestic product is calculated.

C. Costs are subtracted from revenues.

D. The maximum level of benefits is figured.​

Edit: Its not C

Answers

Answer:

A. The total amount of money brought in by sales.

In what type of economy do people officials determine the 3 basic economic questions?

Answers

Most likely a Command economy.

Which economic system is based on an idea of equality of result; that regardless of how well off somebody starts, all
should be guaranteed an equal success?
O A. Traditional
B. Command
OC. Mixed
D. Market

Answers

B. Command

What your describing sounds a lot like communism which would be found under a command economic system

Answer:

D.Market

Explanation:

A market economy conforms to formal equality of opportunity only if jobs offered by business firms are publicized in advance, so that anyone who might want to apply has a reasonable opportunity to do so.

Besides individuals, who else pays taxes in our country?

Answers

Answer:

Aliens?

Explanation:

If the country wants to move from its current point and produce 10 more tons of food, it must produce...

O 5 more tons of clothing

O 5 fewer tons of clothing

10 more tons of clothing

O 10 fewer tons of clothing

Answers

5 fewer tons of clothing

Select all that apply.
Which of these are true of a natural pause following a conversation?
You should begin speaking to avoid awkwardness.
You should not panic.
Take a moment to collect your thoughts before you speak.
Conversations that end with a pause went poorly.

Answers

Answer: all of the above.

Why? Because all of them are important in a conversation!
speaking to avoid awkwardness is good so you won’t end up ruining the conversation without realizing and giving the other person a bad impression about yourself. And not panicking is quite important too, because when you panic and get negative thoughts you’ll realize that it’s keeping you down and making you feel bad or anxious about every single word you say. And lastly collecting your thoughts and putting them in order (few seconds before starting a conversation) can be helpful to most people which will make them feel more confident and prepare especially if the conversation was serious.

Answer:

You should not panic

AND

Take a moment to collect your thoughts before you speak.

Explanation:

Hope this helps!

What are three ways to discover how to involved in your chosen career field

Answers

Answer:

Research industry information. ...

Find out about professional associations. ...

Research career options using LinkedIn.

A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).

Answers

Answer:

Comedy as a Profession is a great example.

Explanation:

The science of it is related to the psychology of what makes people laugh.

If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.

To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.

A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.

As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.

There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.

Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.

Cheers!

While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?

Answers

Often, using a debit card doesn’t feel like you are using real money, because it is so simple and efficient. This can cause people to buy more than they have in their checking account, often resulting in overdraft fees and poor budgeting.

The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.

What is a financial goal?

A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.

The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.

Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.

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Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.

1:) True

2:) False

Answers

True




I guess don’t be mad if I’m wrong

Prepare a report on environmental sanitation. Include the impacts, causes, and prevention methods​

Answers

Answer and Explanation:

Environmental sanitation is carried out through a series of public investments that seek to promote environmental control in a region. The impacts of this type of sanitation must be positive, since it is through it that a community can present adequate garbage collection, treated water supply, sewage treatment, correct disposal of human waste, cleaning of public roads, basic sanitation, among others . All of this promotes human development, the well-being of the population and environmental preservation.

The causes of environmental sanitation are the need to establish social policies that promote better living conditions and that optimize the health of citizens without degrading the environment.

Devon, a Project Manager is working on a software development project. He needs more coders to complete the project on time. As a result, he hires people and they are given on-the-job training by their coworkers. However, this significantly reduces the output of th team and leads to a delay in the project. The given scenario exemplifies:

Answers

Answer: the mythical man-month effect

Explanation:

The scenario given in the question above signifies the mythical man-month effect.

According to the mythical man-month effect, it explains that when more programmers are added to a particular project, this eventually led to a delay in the project.

Since we are told that Devon needs more coders to complete the project on time and therefore hired more people to complete the project but eventually led to a delay, thus signifies the mythical man-month effect.

DO you like Anne with an E?​

Answers

Answer:

meh

Explanation:

it's okay. I kind of don't like how they stayed from the book but all the scenes were shot beautifully, and the actors did great. I only watched a few so I cant give more than a "meh" but I do like what I'm seeing so far

What are some common spreadsheets applications?​

Answers

USES ( APPLICATIONS) of spreadsheet are;

1) to create budgets : Excel can be used in creation of budget s which is the estimation of revenue as well as expenses which covers specified future period of time.

2)produce graphs and charts: it's application is helpful in creating graphs in mathematics as well as statistics

3 for storing and sorting data: Data sorting can be done using spreadsheet. It involves arrangements of data into an order in order to make analysis of the data easier.

SPREADSHEET APPLICATION

1)Microsoft Excel : This is used in data

crunching , it can handle large data sets.

2)LibreOffice : it's applicable in Calc for a free as well as native spreadsheet app.

4) Smartsheet: is useful when handling

task involving non-spreadsheet and can be used for project management.

5)Quip : it's useful for integration of

spreadsheets into shared documents.

FINISH THIS SENTANCE
There was this blind man, right? He Was feeling his way down the street with this stick,

Answers

when he runs into a old dog who so happens to be a dog that guides blind people.

Productivity is an important goal for Clearwater Electronics. Like most productive organizations, Clearwater recognizes the contributions human resource management (HRM) can make to improve productivity through people. How can HRM best ensure that the work environment at Clearwater is one in which employees are productive and add value?

Answers

Answer:

HR managers can contribute by providing work organization and design that allow for an increase of output as well as quality

Explanation:

List of the least five behaviors you feel would be behavior you feel would be considered irresponsible in the workplace. For each behavior listed, provide a detailed example/scenario to detail what makes the behavior either responsible or irresponsible.

Answers

Answer: See Explanation

Explanation:

Some of the behaviors that would be considered irresponsible in the workplace include:

1. Lateness: Every company has its working hours and it is required for the employees to adhere to the working hours and always get to work on time. Lateness is a bad habit in the workplace. For a company to achieve its goals, it's required for its workers to come to their workplace early and perform their duty well.

2. Cyberslackers: This occurs when the employees use the internet that is meant for work related activities to surf the net and browse sites that doesn't relate to their work. For example, a case whereby an employee is checking his or her social media at the workplace.

3. Lying to other employees: It is a bad behavior for an employee to lie or say something that's not true about a person in order to gain an advantage or for other person reasons Lying brings about lack of trust and disunity in the workplace.

4. Having a bad character: In an organization, it is vital for the employees to possess good characters such as being kind, caring, helpful etc. Possessing a bad character will have a negative effect on the company.

5. Theft: Employee theft is also an irresponsible behavior in the workplace. Stealing has a negative effect on the revenue of the company as it reduces the revenue such company makes. Employees should always make sure that they do not falsify information in order to gain a financial advantage or steal company's fund.

The user growth rate of a social media platform decreased by 15% per month. On January 1, the platform had 20 million users. If growth decreases at 15% each month, how many will it have by year end?

Answers

Answer:

2.844835 million current users

Explanation:

20 million x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85

How will taxation influence the circular flow model

Answers

Answer:

TMS

Explanation:

Taxes (T) imposed by the government reduced the flow of income.

Money paid to foreign companies for imports (M) also constitutes a leakage.

Savings (S) by businesses that would have been put to use are a decrease in the circular flow of an economy's income.

Problem 17-1A Comparing costs using ABC with the plantwide overhead rate LO P1, P3, A1, A2

Answers

Answer:

$67.50 per hour

Explanation:

Setup Cost = $312,500

Transportation Cost = $10,000

Direct Labor cost $25,500

Modification of machine cost $12,000

Insurance of Factory Premises $28,000

Raw material Cost $118,250

Machine hours = 7,500 hours

labor hours = 3,500  hours

Total manufacturing Overheads = $506,250 / 7,500 = $67.5 per hours

Pete and Shirley are filing a joint return. They have two dependent children. What is the total amount of their exemptions for tax year 2019? A. $0 B. $4,200 C. $8,400 D. $16,800

Answers

Answer:

A. $0

Explanation:

The Tax Cuts and Jobs Act eliminated personal exemptions starting 2018. It also increased standard deductions though. For example, the standard deduction for married filing jointly for 2019 was $24,400. This is a significant increase if you consider that the standard deduction for married filing jointly in 2017 was $12,700.

2) On the basis of the calculations you have made, explain which location Saber should
choose.

Answers

Answer:

Explanation:

physical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributes

Describe a situation where value at one level of the enterprise may not be seen as valuable at another level

Answers

Answer:

At the Board level of a traditional company, the value delivered by a company's Information technology unit is rarely mentioned or discussed if they are not an IT firm.

This is attributable to the inability of traditional firm-level economic analysis to bring fully to the fore, in a langugage that the Board of governors can understand, the intangible impacts of IT delivers to the overall business value.

The purchase of faster laptops and better productivity tools (for instance) which help to foster collaboration irrespective of time or space will in some way translate to increased bottom line due to increased effectiveness and efficiency might go unaccounted for or unnoticed in a board level report.

However, the sales-manager who brought in more money in sales will most likely get very decent attention from the powers that be.

Cheers

Other Questions
An enema introduces fluids into the rectum and also stimulates ______________ _____________ as well as evacuating the _____________ _______________ for diagnostic procedures, and irrigates the ______________. For Vet tech please answer ASAP a normal distribution has a mean of = 40 with = 8. if one score is randomly selected from this distribution, which is the probability that the score will be less than x = 34? given a customer initially purchased calluge, the probability that this customer purchases calluge on the second purchase is Of the following, which are true of nuclei that are to the left or right of the band of stability? Select all that apply: They are known as radioisotopes. They do not undergo nuclear decay. They are considered stable. They undergo nuclear decay. The insoluble AgCl can react with NH3 to form the soluble complex ion Ag(NH3)2+. Which acts as a Lewis base in this reaction? NH3 Ag+ Cl- There is no Lewis base in this reaction A 20.0 uF capacitor is charged to a potential of 50.0 V and then discharged through a 265 12 resistor. How long does it take the capacitor to lose half of its charge? Express your answer in milliseconds Identify the correct steps involved in proving p q and (PA) (p ) are logically equivalent. (Check all that apply.) points Check All That Apply Skipped O The first statement p q is true if and only if p and q have the same truth value. eBook Hint O The first statement p q is true if p and q have different truth values. Print O If both p and q are true, ( p a) is true and (p a) is false. This implies that the second statement (p Ad) v (p a ) is true. References O If both p and q are false, then (PAC) is false and (PA ) is true. This again implies that the second statement (PAC) v (p a ) is true. O If both p and q are false, then (PAC) is false and (PA ) is true. This again implies that the second statement (paq) (PA ) is false. O If p is true and q is false, then (PA) is false and (PA ) is true. This again implies that the second statement (paq) (PA ) is false. O Thus, p q and (paq) (p^-) have same truth value; hence, they are logically equivalent. FILL IN THE BLANK. Cultural differences in nonverbal behavior make ____ interactions and communications more difficult than ____ communication. An ac voltage, whose peak value is 150 V, is across a 330 - resistor.What is the peak current in the resistor? answer in AWhat is the rms current in the resistor? answer in A during a fire drill, the nurse manager becomes very assertive and directive in her communications with staff. this type of situational leadership depends on: in what respect is a simple ammeter designed to measure electric current like an electric motor? explain. The uniform slender rod of mass m pivots freely about a fixed axis through point O. A linear spring, with spring constant of k 200 N/m, is fastened to a cord passing over a frictionless pulley at C and then secured to the rod at A. If the rod is released from rest in the horizontal position shown, when the spring is unstretched, it is observed to rotate through a maximum angular displacement of 30 below the horizontal. Determine (a) The mass m of the rod? (b) The angular velocity of the rod when the angular displacement is 15 below the horizontal? how has oceania's geographic location influence the development of cultural diffusion over time ? how long does it take for symptoms of covid-19 to appear after exposure Write a 35 page paper in which you do the following:Compare and contrast the CAFRs in three categories:Publication method.The existence or non-existence of an internal audit function.At least two key features of the external audit information.Compare both the internal and external audit information presented.Include the publication method of the CAFR for the assigned local government entity with the governmental entity being used for your Continuing problem.Analyze each of the three sections of the assigned local government CAFR using the questions presented in Chapter 2 Continuing Problem as a basis:The CAFR includes statements that combine and report on the governments activities from both a government-wide and a fund perspective.The CAFR is divided into three sections introduction, financial, and statistical.Using the assigned local government CAFR, analyze each of these sections using the questions presented in the Chapter 2 Continuing problem as a basis.Analyze the local government methods used in the preparation of the Budget-to-Actual reports in the CAFR, including the basis of accounting used, significant variances, and other local government financial-related legal or contractual requirements.The Budget-to-Actual reports in the CAFR are the foundation of evaluating budgetary compliance.Analyze the local government CAFR, identifying at least three primary revenue sources from both governmental and enterprise funds. In your analysis, include:Revenue rates.Revenue trends.Whether the delay remains in the recognition of revenue.The statistical section is a good source of rate and trend information.Please use the City of Austin Texas CAFR verify that the vector xp is a particular solution of the given nonhomogeneous linear system. x' = 2 1 11 x 6 3 ; xp = 1 4 PKA targets phosphorylase kinase. The action of PKA on phosphorylase kinase then leads to the______of the_______pathway. activation; glycogenolysis deactivation; glycogenolysis activation; glycogenesis deactivation; glycogenesis O Both A and D A 2007 survey conducted by TheLadders.com concluded that: Multiple Choice 50% of executives had witnessed discriminatory actions in the companies 30% of executives say that discrimination starts at the top racial discrimination in the workplace still exists but it less pervasive than it was 10 years ago racial discrimination in the workplace is as bad now as it was 10 years ago The growth of microscopic metastases into macroscopic masses is known as Invasion Colonization Intravasation Extravasation None of the above. 1. How is the shape of a cow's pupil different from the shape of a human's pupil? 2. Preservatives make the cow's lens hard and opaque, but in living organisms the lens is clear and flexible. Why is it important that the lens of a living organism be both clear and flexible? 3. Nicole is taking photos at a friend's birthday party. In one photo, her friend appears to have red glowing eyes. Why do human eyes sometimes glow red in photos? 4. Glaucoma is a group of eye conditions where affected individuals experience vision loss that can be progressive and irreversible. Based on what you have learned about the retina and the optic nerve, explain what causes this loss of vision.