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HACTEHA [7]
3 years ago
7

Felipe deposited 4000 into an account with 2.2% interest, compounded quarterly. Assuming that no withdrawals are made, how much

will he have in the account after 3years? Do not round any intermediate computations, and round your answer to the nearest cent.
Business
1 answer:
mixas84 [53]3 years ago
6 0

Answer:

Final Value= $4,272.13

Explanation:

Giving the following information:

Felipe deposited 4000 into an account with 2.2% interest, compounded quarterly.

First, we need to calculate the quarterly interest rate:

Interest rate= 0.022/4= 0.0055

Now, we can calculate the final value:

FV= PV*(1+i)^n

FV= 4,000*(1.0055^12)= $4,272.13

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The U.S. Supreme Court has been deciding some cases involving Intellectual property rights (patents, trademarks, or copyrights),
Oxana [17]

Answer:

Explanation:

The article is "Copyright infringement and the Intellectual Property Complaints on Amazon. It was published on December, 12th 2018.

There has been an increase in the number of complaints about intellectual property violations and the copyright infringement at Amazon Inc. In order to counterfeit each other, sellers copy the features of each other’s products, thereby violating the intellectual property rights. Sellers have been filing complaints against one other at the company.

Amazon has also been trying hard to stop increasing cases of such liability litigations. Amazon has been removing any listing that has probability of copyright infringement. Sellers are also encouraged to take preventive actions when listing their products on the platform.

The adverse effects of copyright infringement on the overall society include:

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6 0
3 years ago
The market value of any real or financial asset, including stocks, bonds, or art work purchased in hope of selling it at a profi
HACTEHA [7]

Answer: False

Explanation:

These are financial assets that has existing market invariably there prices are determined by market forces.

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6 0
3 years ago
In which type of economy is a business owner most likely to benefit from free<br> enterprise?
Colt1911 [192]
Most likely would be a democratic system.
7 0
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_____________ are companies that are similar to s corporations but are not restricted with similar eligibility requirements.
Levart [38]

<u>"Limited liability companies" </u>are companies that are similar to s corporations but are not restricted with similar eligibility requirements.


A limited liability company is a corporate structure whereby the individuals from the organization are not actually obligated for the organization's obligations or liabilities. Limited liability companies are half and half elements that join the attributes of an enterprise and an association or sole proprietorship. While the constrained risk include is like that of an enterprise, the accessibility of move through tax assessment to the individuals from a LLC is a component of organizations.  


4 0
3 years ago
Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made fro
il63 [147K]

<u>Answer:</u>

<u>Determine the plantwide overhead rate for Laval using direct labor hours as a base. </u>  

1. Estimated overhead costs  $800,000  $1.60  per direct labor hour

Estimated direct labor hours  500,000  

2. <u>Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. </u>

Direct Labor - Assembly  $188,500

Direct Labor - Fabricating  395,200

Direct materials  270,000

Overhead  34,720

Total manufacturing costs  888,420

Units produced  22000

Manufacturing cost per unit  40.38

3.  <u>Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. </u>

                    Departmental overhead rate  

Fabricating  390000/152000 = 2.57  MH

Assembly  410000/290000 = 1.41  DLH  

4.  <u>Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.   </u>  

Direct materials                                                         270000  

Direct labor    

Fabricating                                   188500  

Assembly                                   395200  

                                                                                 583700

                                                                                       0

Overhead    

Fabricating (15000*2.57)               38550  

Assembly (15200*1.41)                        21432  

                                                                                       59982

                                                                                            0

Total manufacturing cost                                                  913682

Units produced                                                                    22000

Manufacturing cost per unit                                                41.53  per unit

8 0
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