Income mobility represents the ability of a worker to move up or down the economic ladder. the correct answer is e.
It refers to the capacity of individuals to change their income level over time, either by increasing their earnings and moving up the economic ladder or experiencing a decline and moving down the ladder.
Income mobility is a measure of the dynamic nature of income distribution within a society. There are a number of factors that can affect income mobility, including education, skills, employment opportunities, and government policies. In general, people with more education and skills are more likely to be upwardly mobile.
However, even people with high levels of education and skills can face challenges in moving up the economic ladder if there are not enough good jobs available.
It captures the extent to which individuals can improve their economic circumstances through factors such as education, skills acquisition, job opportunities, entrepreneurship, and overall economic conditions.
It recognizes that individuals are not bound to a fixed income position and have the potential to improve their economic status or face setbacks that may lower their income. Income mobility is an essential aspect of social and economic mobility, reflecting the opportunities and constraints individuals face in terms of their ability to change their income level.
It underscores the importance of social and economic policies that promote equality of opportunity. The concept of income mobility is essential for understanding the dynamics of economic inequality and social mobility.
It recognizes that individuals have the potential to improve their economic standing or experience downward mobility.
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Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
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Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?
When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
What are the different types of pricing strategies?
There are 4 types of pricing strategies as follows :
Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
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which of the following answers correctly ranks market structures from most competitive to least competitive?
The correct ranking of market structures from most to least competitive is Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly. Perfect competition is the most competitive, while monopoly is the least competitive.
The correct ranking of market structures from most competitive to least competitive is as follows
Perfect Competition: In perfect competition, there are many buyers and sellers, homogeneous products, easy entry and exit, and no individual firm has control over the market price.
Monopolistic Competition: Monopolistic competition involves many firms selling differentiated products, some control over pricing, relatively easy entry and exit, and limited market power.
Oligopoly: Oligopoly is characterized by a small number of large firms dominating the market, interdependence among firms, significant barriers to entry, and the potential for collusion.
Monopoly: Monopoly represents a market structure with a single dominant firm controlling the entire market, high barriers to entry, and significant market power to set prices.
The ranking goes from perfect competition, where competition is the highest, to monopoly, where competition is the lowest.
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--The given question is incomplete, the complete question is given below " which of the following answers correctly ranks market structures from most competitive to least competitive?
a, Oligopoly
b, Perfect Competition
c, Monopolistic Competition
d, Monopoly"--
in the wireless communication industry, firms that provide broadband access to the internet are best regarded as group of answer choices platforms in a matchmaking market. end users in a shared-input market. platforms in a shared-input market. end users in a matchmaking market.
In the wireless communication industry, firms that provide broadband access to the Internet are best regarded as platforms in a shared-input market.
Broadband is a phrase used to describe high-speed Internet connectivity that is always active and quicker than dial-up access. Your decision about broadband technology will be influenced by various elements.
Your location (urban or rural), the way broadband Internet access is bundled with other services (such as voice telephone and home entertainment), the cost, and the level of availability are some of these factors.
Via the use of a radio link between the customer's location and the service provider's facilities, wireless broadband links a house or company to the Internet.
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1.research all entry level of position of hotel 2.job description
3.job title
4.job summary
5.job responsibility
please help me please help due date na nito bukas
Answer: Please Rate + Thank + Brainliest
Explanation:
Sure, I can help you with that! Here's some information on entry-level positions in hotels, including job descriptions, job titles, job summaries, and job responsibilities:
Entry-Level Positions in Hotels:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Description:
Front Desk Clerk/Receptionist: responsible for checking guests in and out, answering phone calls and emails, making reservations, and handling customer inquiries and complaints.Housekeeping Staff: responsible for cleaning guest rooms, common areas, and public spaces, replenishing supplies, and reporting any maintenance issues to the appropriate department.Food and Beverage Server/Attendant: responsible for taking food and beverage orders, serving guests, setting up and cleaning dining areas, and handling payment transactions.Maintenance Worker/Technician: responsible for performing routine maintenance tasks, such as repairing equipment and fixtures, painting, and cleaning.Porter/Bellhop: responsible for helping guests with their luggage, directing them to their rooms, and providing information about the hotel and its amenities.Job Titles:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Summary:
Front Desk Clerk/Receptionist: Provide excellent customer service to guests, check guests in and out, and handle guest inquiries and complaints.Housekeeping Staff: Ensure the cleanliness and comfort of guest rooms and public spaces, report maintenance issues to the appropriate department, and replenish supplies as necessary.Food and Beverage Server/Attendant: Provide excellent customer service, take food and beverage orders, serve guests, and handle payment transactions.Maintenance Worker/Technician: Perform routine maintenance tasks, repair equipment and fixtures, and keep the hotel in good condition.Porter/Bellhop: Provide assistance to guests with their luggage, direct guests to their rooms, and provide information about the hotel and its amenities.Job Responsibilities:
Front Desk Clerk/Receptionist:Check guests in and outHandle phone calls and emailsMake reservationsHandle guest inquiries and complaintsHousekeeping Staff:
Clean guest rooms and public spacesReport maintenance issues to the appropriate departmentReplenish supplies as necessaryFood and Beverage Server/Attendant:Take food and beverage ordersServe guestsSet up and clean dining areasHandle payment transactionsMaintenance Worker/Technician:
Perform routine maintenance tasksRepair equipment and fixturesKeep the hotel in good conditionPorter/Bellhop:
Provide assistance to guests with their luggageDirect guests to their roomsProvide information about the hotel and its amenitiesI hope this helps!
If you observe a co-worker, customer, or stranger in your workplace exhibiting any of the warning signs of workplace violence, who should you talk to?.
If you observe a co-worker, customer, or stranger in your workplace exhibiting any of the warning signs of workplace violence you should first report your concern to your supervisor, or human resources department.
What is workplace violence?Workplace violence is any act of, or threat of, physical violence, harassment, intimidation, or other threatening disruptive behavior that takes place at the workplace. Threats, slander, and physical and verbal abuse are all included, as well as murder. Customers, clients, visitors, and staff all may be impacted. The third-leading cause of fatal workplace injuries in the United States is now acts of violence and other injuries. In 2019, there were 5,333 fatal workplace injuries in the United States, and 761 of those injuries were caused intentionally by another person, according to the Bureau of Labor Statistics Census of Fatal Occupational Injuries (CFOI). Employers and employees across the country are very concerned about workplace violence, regardless of how it presents.
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Answer: Your co-worker is late to work one or two days each week.
Explanation:
Angelo has a savings account worth $1000 that earns 2% interest, a student loan of $40,000 that charges 4.6% interest, and a credit card bill that has $1500 on it with a 23.4% interest rate. He has a budget surplus of $300 at the end of the month. What should he do with the $300?
Based on the information given what he should with the $300 is: Pay it toward his credit card bill, because it has the highest interest rate.
What is interest rate:
Interest rate can be defined as the amount that is charge on the amount borrowed or loan amount.
Based on the given details the interest rate given are;
Saving account=2% of $1,000
Student loan=4.6% of $40,000
Credit card bill=23.4% of $1,500
We can see that credit card bill has the highest interest rate of 23.4%, therefore the budget surplus amount of $300 should be paid toward the credit card bill because it has the highest interest rate.
Inconclusion what he should with the $300 is: Pay it toward his credit card bill, because it has the highest interest rate.
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3. Which of the following is a liability?
a) buildings
b) accounts receivable
c) loan from J. Henry
d) equipment
Answer:
buildings
Explanation:
Because if you own buildings you have to take care of them and you make sure you have them clean make sure nothing is wrong if a person complains find the problem and make it better and a loan will put you in a lot of debt to that person instead of making your own money.
“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or disagree?
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
larisa provides guidance to her employees. she also supports them when necessary and provides corrective feedback in their day-to-day activities. larisa is practicing leadership. multiple choice question. strategic transformational laissez-faire supervisory
Option d.) supervisory is the correct answer because, managers supervise the day-to-day performance of their employees. At some companies, Larisa provides guidance to her employees and she also supports them when necessary and provides corrective feedback in their day-to-day activities.
Supervisory skills are important in guiding and supervising others and are necessary for effective leadership. Supervision means directing and directing others in an efficient and productive manner. Supervisors are responsible for this task. Successful managers have good organizational and communication skills. A supervisor or supervisor (also called foreman, boss, supervisor, facilitator, monitor, area her coordinator, line manager, or sometimes gaffer) is a lower-level managerial position primarily based on authority over workers or workplaces.
Supervisory skills are important because they qualify someone to be a leader. Many supervisors have a combination of soft and hard skills to do the job well.
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Reflective journal on impacts of unionization, why you choose
this topic and how it impacts on you?
I will provide you with a general explanation of a reflective journal on impacts of unionization.
What is unionization?Unionization is the act of forming or joining a labor union to advocate for better working conditions, wages, and benefits.
How unionization impacts workers and organizations:
Unionization benefits workers by giving them a collective voice in negotiations with employers. Employees who belong to a union generally receive better wages, benefits, and working conditions. Unionized workers also have more job security and are better protected from discrimination, harassment, and unfair treatment in the workplace. However, unionization can lead to higher labor costs for employers and create tension between unionized and non-unionized employees. Organizations must also negotiate with union representatives on issues such as wages, hours, and working conditions, which can be time-consuming and costly.How to write a reflective journal on impacts of unionization:
Begin by writing about why you chose this topic, and what you hope to learn from reflecting on it. As you continue to write, consider the following questions:-
How has unionization impacted workers and organizations?
- Have you ever belonged to a union or worked for an organization that was unionized?
How did this impact you?
- What are the benefits and drawbacks of unionization, from both the employee and employer perspective?
- What can be done to address the challenges and opportunities of unionization in today’s workforce?
- What role do you see unions playing in the future of work?
As you reflect on these questions, consider your personal experiences and opinions, and how they shape your understanding of the impacts of unionization.
Remember that the goal of a reflective journal is not to arrive at a single “correct” answer, but rather to engage in a thoughtful, honest, and open-ended exploration of a topic.
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the tools used by grizzlies' marketers to promote the team and accomplish their communications objectives are called
When used to promote the team and achieve the goals of team communication, the promotion mix is a collection of techniques that is most beneficial.
A promotion mix is a term or concept that refers to a promotion that a company does to encourage open communication among its teams.
The best ways to promote it are through public relations work and direct marketing. Marketers for the Grizzlies can leverage the many elements of the promotion mix as a powerful tool for communication.
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consider the market for falafel. if the government imposes a tax on falafel: group of answer choices there will be a gain of producer surplus. there will be a loss of consumer surplus. more falafel will be produced. deadweight loss will be minimized.
The imposition of a tax on falafel will lead to a loss of consumer surplus, as the price paid by consumers will increase, making the good less affordable for them.
However, producers will benefit, as the price they are paid for the good will increase, resulting in an increase in their producer surplus. In addition, the quantity of falafel produced will also likely increase, as producers will have an incentive to produce more as the price of the good has increased.
As a result of this, deadweight loss will be minimized, as the tax will have helped to correct the underproduction of falafel, making it more profitable to produce it.
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purchasing and engineering personnel visit suppliers to assess their facilities, capacity, and quality control during which stage in the organizational buying process?
At the alternative evaluation stage of the organizational buying process, purchasing and engineering staff would visit potential suppliers to evaluate their quality control.
What is the organizational purchase process?The method by which industrial purchasers choose their purchases is referred to as the organizational buying process. Every corporation must buy products and services to maintain its operations, which necessitates a difficult problem-solving and decision-making process. These inputs and outputs within organizations can be as diverse as the resources, information, and personnel.
Processes like new product creation, order fulfillment, and customer support are typical examples. There are two distinct groups of organizational purchasers. These are government, industrial, and reseller. Straight repurchase, modified repurchase, and new tasks are examples of common purchasing scenarios. The simplest scenario is a "straight rebuy," in which an organization just orders the same product or service.
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to develop top managers with an understanding and expertise in a variety of functions, employers look for employees with a(n) ______.
To develop top managers with an understanding and expertise in a variety of functions, employers look for employees with a cross-functional skill set.
Cross-functional skills refer to the ability to work effectively across different functional areas or disciplines within an organization. It involves having a broad understanding and knowledge of various functions such as marketing, finance, operations, human resources, and strategy. Employees with cross-functional skills can seamlessly navigate and collaborate across different departments, integrating their expertise to solve complex problems, make informed decisions, and drive organizational success.
Employers value employees with cross-functional skills because they bring a holistic perspective to managerial roles. These individuals can bridge the gap between different functions, facilitate effective communication and collaboration, and ensure alignment of goals and strategies across the organization. They are versatile, adaptable, and capable of taking on leadership roles that require a comprehensive understanding of multiple functions.
Developing top managers with cross-functional expertise often involves providing them with opportunities for rotational assignments, job rotations, cross-departmental projects, and cross-training programs. These initiatives help broaden their knowledge and skills, expose them to different functional areas, and develop a well-rounded understanding of the organization as a whole.
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tell me a story that has happened to you who evers is best i’ll give you point or whatever
Explanation:
Soo- one time i was in mexico, snorkeling :D
and my dad surprised me with something i didn't expect. a banana. at first i was verrrrrry annoyed, i thought i would've gotten some new gear or stuff. out of nowhere, he takes the bananas out of his pocket and pushes me and my siblings in the water. he chucks a banana at me and i get salt in my eyes, screaming in pain because i hadn't put my goggles on. we swam out to sea, the banana absorbing the salt water. then- the last thing i would expect happened. A SEA TURTLE SNAPPED IT OUT OF MY HANDS LOL
i hope u enjoyed my story :D
To study the effect of price on Frank's demand for premium movie channels, economists hold his monthly income constant. This is an example of a(n) ___
Answer:
The appropriate answer will be "Ceteris paribus ".
Explanation:
This widely commonly utilized expression continues to stand for 'unaffected as well as constant include all stuff.'It has been used in economic principles to figure or conquer out the probability of attempting to change 'certain' causes, i.e. focusing on either the basic cause and effect relationship between two continuous variables.So that the given statement would be the example of Ceteris paribus.
Who decides which of the many inventory accounting methods a company should use?.
Many inventory accounting methods a company should use by company management. If your inventory prices area unit stable and steady or on the increase, then inventory accounting is the better option.
Corporations with larger inventories and increasing prices appreciate the method of inventory accounting and end up with lower profits and taxes and better income. If your inventory prices area unit falling, then first in, first out is the better option. Accountants typically adopt the first in, first out, LIFO, or Weighted-Average price flow assumption. The particular physical flow of the inventory might or might not bear an alikeness to the adopted price flow assumption.
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Economic growth is an increase in a nation's output of goods and services over time. answer choices. True. False.
The statement is True. Economic growth is an increase in a nation's output of goods and services over time.
A financial boom may be defined because the increase or improvement within the inflation-adjusted marketplace value of the products and services produced by using an economic system in a financial year. Statisticians conventionally measure such increase as the percent charge of growth in the actual gross home product, or real GDP.
The increase is usually calculated in real phrases – i.e., inflation-adjusted terms – to put off the distorting impact of inflation at the costs of products produced. dimension of monetary boom uses countrywide earnings accounting. in view that economic increase is measured as the annual percent exchange of gross domestic product (GDP), it has all the advantages and downsides of that degree. The monetary boom costs of countries are commonly compared to the use of the ratio of GDP to population (in keeping with capita per income).
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For each example, identify the most appropriate CTSO. 1. Ann wants to be a manager who directs the work of others: 2.Teresa wants to have a career that emphasizes mathematics: 3.Justin wants to have a career in nursing: 4.Howard wants to have a career focused on the education of
Answer:
Ann: DECA
Teresa: TSA
Justin: HOSA
Howard: FEA
Explanation:
Answer: DECA your welome if i did spell it wrong sorry bout that im am a horrible speller
Discuss what a small business owner should consider when deciding upon the location for their business
Answer:
depending on the place you can consider the number of people who go to it and on that side, the fame it would have for its service, and greater economic progress.
Explanation:
Hey all
The question that I have is if there are like 200 students in the school but only around 15 teachers how can they teach the students without wanting to fall asleep?
Teaching a large number of students with limited teachers can be challenging, but there are strategies that can help keep both teachers and students engaged.
One approach is to utilize technology and online resources to enhance learning. This allows teachers to provide individualized instruction to students and to offer interactive and engaging activities that keep students focused. Another approach is to implement cooperative learning strategies, where students work in small groups to complete tasks and share knowledge. This helps to foster a collaborative and supportive learning environment, while also reducing the workload on teachers.
Additionally, setting clear expectations and routines, using positive reinforcement and incentives, and offering breaks and opportunities for physical activity can all help to keep students and teachers alert and motivated throughout the day.
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During Year 1, Silver Sinks, Inc. earned $33,000 of revenue on account. Cash collections of receivables were $28,000. The remainer of the receivables were collected in Year 2. As a result of these transactions, Silver Sink will report Year 1 net income of ______.
Answer:
Net income = $33,000
Cash inflow from operating activities = $28,000
Explanation:
Given:
Earned 1st year = $33,000
Cash collections =e $28,000
Amount remain for 2nd year = Earned 1st year - Cash collections
Amount remain for 2nd year = $33,000 - $28,000
Amount remain for 2nd year = $5,000
Income must be recorded when it get.
does 1 plus 1 = 65 yes or no
Answer:
No 1 + 1 = 2
Explanation:
Lol
Corporate bylaws: A. must be amended should a firm decide to increase the number of shares authorized. B. cannot be amended once adopted. C. define the name by which the firm will operate. D. describe the intended life and purpose of the organization. E. determine how a corporation regulates itself.
Answer:
Option "E" is the correct answer to the following question.
Explanation:
Corporate bylaws or Laws are special rules or regulations made by a company which is a set of statutory laws used by the Board of Directors. Corporate rules or regulations are important legal documents that ensure how a manager will run a corporate website and all the rules and regulations related to it are written.
Corporate bylaws or Laws are used to run corporations easily and smoothly.
An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
when a country engages in free trade, the "winners" ▼ compensate the "losers."
When a country engages in free trade, the "winners" compensate the "losers." There are various reasons for free trade being beneficial to a country's economy. It promotes economic growth by encouraging the exchange of goods and services across borders. A country is, however, not guaranteed to benefit from free trade. The "winners" are the countries that export more goods and services than they import.
The "losers" are the countries that import more goods and services than they export. In the short term, the "losers" may experience job losses, particularly in sectors that are not competitive. When a country engages in free trade, there are three key groups of losers. The first group is composed of workers who are no longer needed because their skills are no longer in demand. The second group is made up of consumers who face higher prices for imported goods. The third group is composed of domestic firms that cannot compete with foreign firms.
Overall, the "winners" need to compensate the "losers" to ensure that the country's economy remains healthy in the long term. Free trade is a policy that permits countries to exchange goods and services with one another. Countries engage in free trade for various reasons, including the promotion of economic growth and the provision of goods and services that may not be available locally. Free trade policies are beneficial to countries' economies because they encourage the exchange of goods and services across borders. The increased competition leads to lower prices, and businesses benefit from the expanded market. Countries that export more goods and services than they import are considered the "winners" in free trade. The countries that import more goods and services than they export are considered the "losers" in free trade. The "winners" in free trade benefit from access to new markets, increased export revenues, and increased job opportunities. The "losers" in free trade experience job losses, particularly in sectors that are not competitive. For example, workers in industries that are not competitive with foreign businesses may experience job losses when cheaper imports flood the market. Consumers who buy imported goods may also face higher prices as domestic businesses face increased competition. Domestic businesses that cannot compete with foreign businesses are also "losers" in free trade. The government can take measures to mitigate the effects of free trade on the "losers." One way to do this is through job training programs for workers whose skills are no longer in demand. The government can also provide unemployment benefits to workers who lose their jobs due to free trade policies. Consumers can be protected from higher prices by the government regulating trade practices and providing subsidies to local businesses. Domestic firms that cannot compete with foreign firms can be protected through measures such as tariffs, which are taxes imposed on imported goods. In conclusion, the "winners" in free trade must compensate the "losers" to ensure that the country's economy remains healthy in the long term.
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According to O*NET, what are common work activities performed by Nursery and Greenhouse Managers? Check all that apply.
making decisions and solving problems
dealing with hazardous materials
interacting with animals
communicating with supervisors or peers
monitoring and controlling resources
climbing ladders, scaffolds, or poles
According to O*NET, common work activities performed by Nursery and Greenhouse Managers are
making decisions and solving problemsdealing with hazardous materialscommunicating with supervisors or peersWhat is a manager?A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.
The Nursery and Greenhouse Managers were responsible to focus on the rising problem and resolving them by communicating with peers and subordinates which helps them to understand the root cause.
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select all that apply what are some of the drawback(s) to profit maximization as the primary goal of the firm? multiple select question. there is no drawback associated with profit maximization as the primary goal of the firm it fails to consider the timing of the benefits. it may not account for increases in risk with higher profits. the firm may have to claim more tax exemptions due to making more profit.
Some of the drawback(s) to profit maximization as the primary goal of the firm are:
it may not account for increases in risk with higher profits. the firm may have to claim more tax exemptions due to making more profit.What is profit maximization?Profit maximization can be described s the term that explain the effort of a firm to be able to increase their profit that is been generated to the company .
It should be noted that one of the draw back that can be associated to the profit maximization is that there could be some risk that would be associated to this in the long run because the maximization will still be okay at the shoprt run.
Therefore, the second to the last option and the last option are correct.
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If you invested $250 at 16% how much will have after 4.5 years
Answer:
$180
Explanation:
$250 * 0.16 * 4.5 = $180
Answer:
it depends on how often it's compounded
yearly:
The final balance is $487.53.
The total compound interest is $237.53.
semi-annually:
The final balance is $499.75.
The total compound interest is $249.75.
quarterly:
The final balance is $506.45.
The total compound interest is $256.45.
bi-monthly:
The final balance is $508.79.
The total compound interest is $258.79.
monthly:
The final balance is $511.17.
The total compound interest is $261.17
bi-weekly:
The final balance is $512.48.
The total compound interest is $262.48.
weekly:
The final balance is $513.04.
The total compound interest is $263.04.
daily:
The final balance is $513.53.
The total compound interest is $263.53.
continuous:
The final balance is $513.61.
The total compound interest is $263.61.
Explanation:
hope this helps:)