Answer:
=$337.43
Explanation:
The value of each of the coins after 50 years is the future value after 50 years at their respective interest rate.
The formula for future value is FV = PV × (1+r)n
For the first coin at 5.2 percent,
Fv = 100 x ( 1 + 5.2/100 ) 50
Fv =100 x (1+ 0.052) 50
Fv = 100 x 12. 61208795
Fv = $1,261. 21
For the second coin at 5.7 percent,
Fv = 100 x (1 + 5.7 /100)50
Fv =100 x (1 + 0.057 )50
Fv = 100 x 15.98
Fv = 1, 598. 64
the difference in value will be
=$1598.64 - $1,261.21
=$337.43
Answer:
C. accounting specialization certificate
Explanation:
entry level position start with a short certificate in accounting
Answer: $62
Explanation:
The customer sold the stock short at $74 per share. Later on, the customer sold a Sept 65, Put at $3 on this stock. If the short put is exercised, the customer is obligated to buy the stock at $65 per share. Since the customer received $3 in premiums when the put was sold, the net cost to the customer is $62 per share for the stock (this is the cost basis in the stock for tax purposes). The stock that has been purchased is delivered to cover the short sale, closing the transaction. The customer's gain is: $74 sale proceeds - $62 cost basis = 12 point gain.
Answer: 0.000903
Explanation:
Expected return is the sum of the probability that the other returns will happen.
= (13% * 83%) + (5% * 17%)
= 10.79 % + 0.85%
= 11.64%
Variance = ((Return during boom - Expected return)²*probability of boom) + ((Return during recession - Expected Return)²*probability of recession)
Variance = ((13% -11.64%)² * 83%) + (5% - 11.64%)² * 17%)
= 0.0001535168 + 0.0007495232
= 0.000903
Total manufacturing costs=direct material+direct labor+manufacturing overhead
Calculate direct labor
Let direct labor be x
120%=1.2
1.2x=180000
Divide both sides by 1.2
X=180,000÷1.2
X=150,000 direct labor
Total manufacturing costs=
120,000+150,000+180,000
=450,000...answer
Hope it helps!