Answer:
Amount after 15 years = 183255.011
Explanation:
Below is the calculation to find the amount after 15 years:
Annuity amount or early deposited amount = $5200
Time period = 15 years
Interest rate = 11.3 %
Now we have to find the amount after 15 years:
Amount after 15 years = Annuity [((1 + r)^n - 1) / r ]
Amount after 15 years = 5200 [((1 + 11.3)^15 - 1) / 11.3% ]
Amount after 15 years = 183255.011
Answer:
Cyclical unemployment
Explanation:
The process of this happening is known as Cyclical unemployment. This is something that is common in every country around the world and tends to happen due to many reasons. Each countries economic cycle is different and follows different ranges. The United States Economic Cycle tends to happen roughly every 8 years, although this is not 100% guaranteed. When it does happen Stock Markets tend to crash which is what causes a chain reaction that leads to unemployment rises and businesses producing less and less as there is less consumer spending.
Answer:
There are many benefits of purchasing saving bonds:
* They are protected from inflation.
* They have no expenses or fee.
* Amount earned on saving bonds is exempted from all kinds of state taxes.
* They can be purchased with very minimum amount as well, as low as $25.
Answer:
A. 40,000 units
Explanation:
To break even, the total cost must be equal to the total revenue. The cost elements are the fixed and variable cost. The variable cost is dependent on the level of activities.
Let the number of units required to breakeven be g
cost = sale
30g + 240,000 = 36g
36g - 30g = 240000
6g = 240000
g = 40000
The company must produce and sell 40000 units to break even.
