Answer:
$10,503.59
Explanation:
This question requires us to find how much you have to deposit today if:
Fv = 18,000
Time = 9 years
PV= fv/(1 + i)^n
N = 9 X 12 = 108
I/y = 0.5%
PV = $18,000 / 1.005^108
= $10,503.59
Therefore what you have to deposit today is $10,503.59
Answer:
be indifferent between the two meals
Explanation:
Marginal utility is the additional satisfaction received from consuming an additional unit of a good or service. Marginal utility is the additional utility derived from consuming one more unit of a good. the consumption decision is to consume more units of a good that gives the higher utility per good.
Marginal utility per good = marginal utility / price of the good
Whopper combo meal = 15 / 3 = 5
a meal at the Embassy Suites = 145 / 29 = 5
both meals have the same marginal utility of 5. She would be indifferent between consuming the two meals
Answer:
due to elimination
income will decrease by $526000
Explanation:
Given data
Sales = $1180000
Variable expenses = $654000
Fixed expenses = $620000
to find out
incremental effect on net income
solution
we know here total sale is $1180000 and Variable expenses is $654000
so contribution if the division is dropped is sales - Variable expenses
put these value
contribution = 1180000 - 654000
contribution = 526000
so we say that due to elimination
income will decrease by $526000
