Answer:
$1,828,679.65
Explanation:
The computation of the present value of the perpetuity is shown below;
The Present value of the perpetuity is
But before that as on the start of the perpetuity is determined using the formula,
= Perpetuity Amount ÷ Monthly rate
= $20,000 ÷ 1%
= $2,000,000
Now
Present value today is
= Present value of perpetuity as on the start of the perpetuity ÷ (1 + Monthly rate)^Months
= $2,000,000 ÷ (1 + 1%)^9
= $2,000,000 ÷ 1.093685273
= $1,828,679.65
Answer:
B
Explanation:
Being comparative. hope its helpful because those other countries don't import machines from other countries yet country b imports so in that case it gains comparation btn other countries.
Answer:
The bank has excess reserves of $100,000.
Explanation:
The deposits here are $10 million.
The required reserve ratio is 9%.
The required reserve will be,
=reserve ratio*total deposits
=9/100*$10,000,000
=$900,000
Here, the required reserve is $900,000.
So, the excess reserve will be,
=total reserve - required reserve
=$(1,000,000-900,000)
=$100,000
Answer:
Explanation:
Total output = output cages* sales price = 50500 cages * $3.40 per unit = = $ 171,700
Total Input:
Wages = 630 labor hours * $7.40 = $4,662
Raw materials = $ 31,000
Components = $ 15,450
Total input $51,112 [Add up wages, components and raw materials]
1) Total productivity in units sold = Output in units / Input in dollars
=50500 cages/$51,112
=0.99 per dollar input
2) Total productivity in dollars= Output in dollars / Input
=$171,700/51,112 = $ 3.36 per unit input
Answer:
It will take 14 years and 146 days to double the value.
Explanation:
The rule of 72 is a means of estimating the number of years it takes for an investment or your money to double.
Number of Years to Double= 72/Annual Rate of Return
N= 72/5= 14.40 years
To be more accurate:
0.40*365= 146 days
It will take 14 years and 146 days to double the value.
