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3 years ago

Calculate the FV for the following 3 scenarios. Investment scenario #1:

Business

2 answers:

mote1985 [20]3 years ago

7 0

Answer:

$2191.12

Explanation:

We are asked to find the value of a bond after 10 years, if you invest $1000 in a savings bond that pays 4% interest, compounded semi-annually.

FV=C_0\times (1+r)^n, where,

C_0=\text{Initial amount},

r = Rate of return in decimal form.

n = Number of periods.

Since interest is compounded semi-annually, so 'n' will be 2 times 10 that is 20.

4\%=\frac{4}{100}=0.04

FV=\$1,000\times (1+0.04)^{20}

FV=\$1,000\times (1.04)^{20}

FV=\$1,000\times 2.1911231430334194

FV=\$2191.1231430334194

FV\approx \$2191.12

Therefore, the bond would be $2191.12 worth in 10 years.

kvv77 [185]3 years ago

5 0

Answer:

Explanation:

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The Morrow Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed

Iteru [2.4K]

Answer:

$39,800

Explanation:

From the question above Morrow company has decided to use the measuring cost function method to find its total cost

- $68,400 is the highest cost and $37,600 is the lowest cost

- 6,000 is the highest number of hours and 3,200 is the lowest

The first step is to calculate the cost driver. Let's use the alphabet c to represent the cost driver

(68,400-37,600) / (6,000-3,200)

c = 30,800/2,800

c= $11

Cost driver= $11

The next step is to find the fixed cost. Let's use the alphabet f to represent the fixed cost

68,400= f + ( 11×6000)

68,400= f + 66,000

f= 68,400-66,000

f= $2,400

Fixed cost= $2,400

The final step is to calculate the cost function

Cost function= fixed costs+variable costs×number of units

Fixed cost= $2,400

Variable cost= $11

Number of units= 3,400 hours

= 2,400+(11×3,400)

= 2,400+ 37,400

= $39,800

Hence the total cost at an operating level of 3,400 hours is $39,800

3 0

3 years ago

What is generally true about savings vehicle

disa [49]

<span>If you're likely to be dipping into some of that money to fix the house, take a vacation, or buy holiday presents, don't put too much into a long-term CD. Like savings, checking, and money market accounts, CDs are FDIC insured for up to $100,000

hope this helped XD ;)

</span>

5 0

3 years ago

Read 2 more answers

Bella is looking into getting an apartment that costs $800 per month. How much does she need to make per year in order to comfor

Andreyy89

$41,600
is the correct answer
please give brainliest

4 0

3 years ago

The standard cost of product 777 includes 2.9 units of direct materials at $6.8 per unit. During August, the company bought 29,2

Olegator [25]

Answer:

Total Material Variance = $1,636 Favorable

Material Price Variance = $2,920 Unfavorable

Material Quantity Variance = $4,556 Favorable

Explanation:

Total Material Variance = Standard Cost - Actual Cost

Standard Cost = Standard units $\times$ Standard Price

Standard Units = 10,300 $\times$ 2.9 = 29,870 units

Standard cost = 29,870 $\times$ $6.8 = $203,116

Actual Cost = 29,200 $\times$ $6.90 = $201,480

Total Material Variance = $203,116 - $201,480 = $1,636 Favorable

Material Price Variance = (Standard Rate - Actual Rate) $\times$ Actual Units

= ($6.8 - $6.9) $\times$ 29,200 = - $2,920 Unfavorable

Material Quantity Variance = ( Standard Units - Actual Units) $\times$ Standard Price

= (29,870 - 29,200) $\times$ $6.8

= $4,556 Favorable

Final Answer

Total Material Variance = $1,636 Favorable

Material Price Variance = $2,920 Unfavorable

Material Quantity Variance = $4,556 Favorable

8 0

3 years ago

Online auction sites that involve business transactions between users of products and services are categorized as _____ e-commer

9966 [12]

Online auction sites that involve business transactions between users of products and services are categorized as consumer-to-consumer (C2C) e-commerce.

A business is an activity that makes a living or makes money by manufacturing or selling products (such as goods or services) [1][2][3][4]. It is also "an activity or enterprise engaged in for profit". Liabilities incurred in the business. If the company acquires debt, the creditor can trace the owner's personal belongings. The corporate structure does not allow corporate tax rates. Owners are personally taxed on all income from the business. The term is also commonly used colloquially to refer to entities such as corporations and cooperatives (but not by lawyers or public officials).

Learn more about business here

brainly.com/question/24448358

#SPJ4

5 0

1 year ago