Answer:
$517.50
Explanation:
we have to use the future value formula:
future value = present value x (1 + interest rate)ⁿ
- present value = $450
- interest rate = 15%
- n = 1 year
future value = $450 x (1 + 15%) = $450 x 1.15 = $517.50
The basic premise of finances is that the value of money changes over time, i.e. one dollar today is worth more than one dollar tomorrow. That is because the money yo have today can be invested and it can interest, therefore, it will be worth more in the future.
Answer:
Mass customization
Explanation:
Mass customization is a business approach that focuses on providing customized goods and services to customers. It is a strategy that requires flexibility, integration, and personalization to make customized products that suit each customer's needs.
The biggest challenge with mass customization is the cost element. A business needs to have sufficient customer orders to deliver quality customized products at a competitive price.
Mass customization is the availing of tailor-made products, unique and to each customer's liking. By allowing each customer to set their preferences, Sunnyside Travel is involved in mass customization.
The family’s finance deployability checklist will prompt you to make sure the arrangements for the preparation of your family's tax return. It is under financial list on the family’s checklist. Family deployability checklist includes transport, health, and administrative.
A! Hope this was helpful for you.
Answer:
1
Explanation:
Manufacturing Overhead sometimes also referred as Factory Overhead includes only those costs which are directly traceable to the production of a product i-e, Direct labor and Material Costs.
