Answer:
$6,225.08
Explanation:
The computation of the future value of these cash flows in year 4 is shown below:
= Year 1 cash flow × (1 + interest rate)^year + Year 2 cash flow × (1 + interest rate)^year + Year 3 cash flow × (1 + interest rate)^year + Year 4 cash flow × (1 + interest rate)^year
= $950 × 1.08^3 + $1,180 × 1.08^2 + $1,400 × 1.08^1 + $2,140
= $950 × 1.259712 + $1,180 × 1.1664 + $1,400 × 1.08 + $2,140
= $1,196.7264 + $1,376.352 + $1,512 + $2,140
= $6,225.08
Answer:
more goods are being imported than exported
Explanation:
Net export = export - import
when net export is negative it means that import exceeds import. this is known as a trade deficit
The annual interest rate is 10 %.
Annual percent fee refers to the yearly interest generated with the aid of a sum it's charged to borrowers or paid to buyers. APR is expressed as a percentage that represents the real yearly price of price range over the time period of a mortgage or profits earned on investment If a man or woman borrows hundred rupees at one rupee interest, for instance, he needs to pay one rupee hobby in keeping with month. So in twelve months, he has to pay ten rupees.
Here,
let the annual interest rate is r
new amount = $ 200
for the compound interest formula
new amount = initial amount * (1 + r)^time
200 = 100 * (1 + r)^7
solving for r = 0.104 = 10.4 %
the annual interest rate is 10 %.
Learn more about The annual interest rate here:- brainly.com/question/2699966
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Total units to be produced = 785000
<u>Explanation:</u>
<u>production budget report in units for Pasadena Candle Inc is as follows:</u>
using the data as per given in the question:
Expected units to be sold 800000
Desired ending inventory, Dec 31 20000
Total units available 820000
Estimated beginning inventory, Jan 1 -35000
Total units to be produced 785000
Note: Desired ending inventory is the sum total of expected units that hev been sold and desired ending inventory at the year end.
Note: The begining inventory is to be deducted from the total units available.
Answer:
C. Business entity principle
Explanation:
- A business entity principle is one that states the transactions that are linked to a business must have a separate record-keeping and form those who are owners of the other business.
- Thus separates the records for the organization of the business and excludes the assets and the liabilities of the other owners of the business.