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sweet-ann [11.9K]
1 year ago
7

How much would you need to deposit in an account now, such that in 5 years your account will have increased to $8,000, assuming

you can earn 5% on the deposit as it grows?
Business
1 answer:
VladimirAG [237]1 year ago
4 0

Answer:

$6268.21

Explanation:

Future value = $8000

Interest(r) = 5%

Period (n)= 5 years

How much need to deposit?

Find the Present value:

PV = FV / (1+r)n

= 8000 / (1.05)5

= 8000 / 1.27628156

Present Value / Amount need to deposi today = $6268.21 approx

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Quarry Mining Inc. and Riverside Vineyards agree to resolve a dispute in arbitration. The arbitrator meets with Quarry’s represe
Molodets [167]

Answer:

The correct answer is letter "D": set aside any award.

Explanation:

Arbitrators are individuals without the range of judges that are called in disputes to resolve a matter before taking it to court. Similar to trials, each party involved in the dispute present their defense in front of the arbitrator who promotes the mutual agreement between the two parties but, if that does not happen, the arbitrator provides a resolution that tends to be definite.

<em>Arbitrators must be impartial. Thus, if the arbitrator meets with one of the parties and, eventually, the decision of that case favors that party, the court can take away any reward provided until an investigation is conducted.</em>

4 0
3 years ago
"The price (P) of designer jeans is affected by the supply (S) and the demand (D).
katovenus [111]
The correct answer is <span>B. Demand for more pairs of jeans results in an increase in both price and quantity supplied.

You can see that demand is increasing since d2 is on the right of d1. You can also see that prices increase since p2 is greater than p1. You can also see that quantity supplied also increases since q2 is on the right of q1.</span>
3 0
3 years ago
Read 2 more answers
Expando, Inc., is considering the possibility of building an additional factory that would produce a new addition to its product
Anton [14]

Answer:

Expando, Inc.

1. NPV for the following:

Plans                 NPV

Small facility     $3.5 million

Do nothing         0 million

Large facility     2.2 million

2. The best decision to help Expando is:_________

to build a small facility.

Explanation:

a) Data and Calculations:

                                      Small Facility         Large Facility

Initial investment costs     $7 million            $8 million

Discounted revenues:

Low demand                       9 million              9 million

High demand                     14 million             13 million

Probability of low demand = 0.70

Probability of high demand = 0.30

Expected revenue              10.5 million         10.2 million

                    ($9m * 0.7 + $14m * 0.30)         ($9m * 0.7 + $13m * 0.30)

NPV                                     3.5 million           2.2 million

1. NPV for the following:

Plans                 NPV

Small facility     $3.5 million ($10.5 - $7) million

Do nothing         0 million ($0 - $0) million

Large facility     2.2 million ($10.2 - $8) million

8 0
3 years ago
A company produces a single product. Variable production costs are $12.10 per unit and variable selling and administrative expen
rosijanka [135]

Answer:

Ending inventory cost= $5,445

Explanation:

Giving the following information:

Variable production costs are $12.10 per unit

Assuming a beginning inventory of zero, production of 4,100 units and sales of 3,650 units.

<u>Under the variable costing method, the unitary product cost is the sum of direct material, direct labor, and variable overhead. In this case is $12.1</u>

We need to calculate the number of units in inventory:

Ending inventory in units= 4,100 - 3,650= 450 units

Ending inventory cost= 450*12.1= $5,445

4 0
3 years ago
Work in process, beginning $14,000 Work in process, ending 20,000 Direct labor costs 4,000 Cost of goods manufactured 8,000 Fact
ohaa [14]

The cost of the direct material that's used will be $2000.

<h3>How to calculate the cost?</h3>

The direct material used will be calculated thus:

= Total manufacturing cost - Factory overhead - Direct labor cost

= 14000 - 8000 - 4000

= 2000

In conclusion, the correct option is 2000.

Learn more about cost on:

brainly.com/question/25109150

#SPJ1

3 0
1 year ago
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