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1 year ago

When workers are able to augment their stock of human capital, they can expect to?

Business

1 answer:

ankoles [38]1 year ago

3 0

Answer:

(receive higher wages that reflect an increase in their value of marginal product.)

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Find the amount to which $600 will grow under each of these conditions: 8% compounded annually for 3 years. Do not round interme

Fittoniya [83]

Answer:

Future values:

a. $755.83

b. $759.19

c. $760.95

d. $762.14

e. $762.75

Explanation:

a) Data and Calculations:

Present value = $600

Conditions:

1. 8% compounded annually for 3 years:

N (# of periods) = 3

I/Y (Interest per year) = 8

PV (Present Value) = $600

PMT (Periodic Payment) = $ 0

FV = $755.83

Total Interest = $155.83

2. 8% compounded semiannually for 3 years.

N (# of periods) = 6

I/Y (Interest per year) = 4

PV (Present Value) = $600

PMT (Periodic Payment) = $ 0

FV = $759.19

Total Interest $159.19

3. 8% compounded quarterly for 3 years.

N (# of periods) = 12

I/Y (Interest per year) = 2

PV (Present Value) = $600

PMT (Periodic Payment) = $ 0

FV = $760.95

Total Interest $160.95

4. 8% compounded monthly for 3 years.

N (# of periods) = 36

I/Y (Interest per year) = 0.66667%

PV (Present Value) = $600

PMT (Periodic Payment) = $0

FV = $762.14

Total Interest = $162.14

5. 8% compounded daily for 3 years. Assume 365-days in a year.

N (# of periods) = 1,095

I/Y (Interest per year) = 0.02192%

PV (Present Value) = $600

PMT (Periodic Payment) = $0

FV = $762.75

Total Interest $162.75

6 0

2 years ago

True or False: Suppose that the hypothetical country of Kernaland has a chronic scarcity of corn, its staple grain. This implies

Fed [463]

Answer:

The statement is: True.

Explanation:

Scarcity is the basic economic problem by which individuals have unlimited needs counting only with finite resources to fulfill them. In front of this scenario, individuals must make trade-offs meaning the satisfaction of some needs must be given up in part so other needs can be satisfied simultaneously.

If corn is scarce in Kernaland, the first step its inhabitants must take is to ration corn before its exploitation reduces the corn crops even more.

6 0

3 years ago

On January 1, 2018, UML Company leased a machine to UMB Corporation. The lease qualifies as a sales-type lease. UML paid $240,00

nexus9112 [7]

Answer:

Date Account Title Debit Credit

Dec 11, 2018 Interest receivable $20,600

Interest revenue $20,600

Explanation:

The interest receivable on December 31, 2018 would be based on the lease amount at the end of the year which will be the present value of the lease less the lease amount paid for the year:

Lease amount = 240,000 - 34,000

= $206,000

Interest receivable = 206,000 * 10%

= $20,600

6 0

3 years ago

HELP ASAP! TIMED! A crisis management team does all of the following except _____ .

agasfer [191]

Instruct employees and customers

8 0

3 years ago

Austin's total fixed cost is $4,200. austin employs 30 workers and pays each worker $160. the average product of labor is 2, and

3241004551 [841]

Answer:

$20

Explanation:

Given that,

Total fixed cost = $4,200

Number of workers employs = 30

Wages = $160 per worker

Average product of labor = 2

Marginal product of last labor hired = 8

Marginal cost refers to the additional cost that has occurred to produce the additional unit of a commodity.

Here, from the given information, we can calculate the marginal cost of the last unit produced by the last worker is as follows:

= Wages per worker ÷ Marginal product of last labor hired

= $160 ÷ 8

= $20

5 0

3 years ago