Answer:
$18,775
Explanation:
We can calculate the future value of the investment by using the following formula:
Future Value = P * [1 - (1+i)^-n] / i
Here,
P is the periodic payments of $800
n is the number of periodic payments made which is 4 in a year and 32 in 8 years. So n = 32 number of payments.
r is the annual interest rate which is 8%
i is interest earned after on periodic periodic is:
i = Annual interest rate / Number of periodic payments in a year = 8% / 4
= 2%
By putting this value in the equation, we have:
Future Value = $800 * [1- (1 + 2%)^-32] / 2%
Future Value = $18,775
Answer:
Labour time (efficiency) variance = $9,984 unfavorable
Explanation:
<em>The labour time variance is the dollar value of the difference between the standard time allowed for the actual output produced and the actual time used.</em>
Hours
Standard hours ( 960 units × 7.2 hours ) = 6,912
Actual hours <u>7,680</u>
Time variance 768 Unfavorable
× standard labour rate <u>× $13</u>
Variance <u> $9,984 </u>Unfavorable
Answer:
The correct answer here is A) marketing plan.
Explanation:
A marketing plan (which can also said to be a part of overall business plan) is a blueprint for the company , which outlines all the actions and strategy and efforts that are going to be employed to achieve the business objectives and goals. This plan would include taking out current marketing position of company, knowing target market , developing marketing mix that will be employed to achieve goals. As per the question getting technical specifications done of a product and setting the price for that product before that product is revealed for the first time comes under the marketing plan for that product.
Answer:
C. To find out if there is a change in the actual number of goods, services, and structures produced from one year to the next
Explanation:
Real GDP calculates the monetary value of all goods and services that a country produce within one year after adjusting it to inflation or deflation.
Knowing Real GDP often used as a measurement to find out the economic growth of a country. If the Real GDP is increased, it indicates that the people in that country become more productive and it is most likely that their disposable income is also increased.
Answer:
The correct answer is letter "C": fall. The fall in taxes stimulates aggregate demand.
Explanation:
Recessions are the economic phases characterized by a decrease in economic growth. Unemployment rises, real income decreases, and the overall economy of a country dwindles. However, the government intervenes to turn around the situation by establishing fiscal policies.
<em>In such scenarios the tax rate decreases for individuals and institutions to have more money available so their purchasing power increases which, eventually, increases the aggregate demand (total demand for finished products).</em>