Andy deposited $3,000 this morning into an account that pays 5 percent interest, compounded annually. barb also deposited $3,000 this morning at 5 percent interest, compounded annually. andy will withdraw his interest earnings and spend it as soon as possible. barb will reinvest her interest earnings into her account. given this, which one of the following statements is true? select one: a. barb will earn compound interest b. barb will earn more interest the first year than andy will c. barb will earn interest on interest d. after five years, andy will have more money in his account than barb e. andy will earn more interest the first year than barb will

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.

Scoresby co. uses 6 machine hours and 2 direct labor hours to produce product x. it uses 8 machine hours and 16 direct labor hours to produce product y. scoresby's assembly and finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. how much overhead cost will be charged to the two products? a. product x = $1,440; product y = $2,560 b. product x = $1,760; product y = $4,480 c. product x = $3,200; product y = $9,600 d. product x = $800; product y = $800