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Murljashka [212]
3 years ago
6

You are depositing $1,234 in a saving account now and two years from now you deposit another $2,345 into the same savings accoun

t that earns 3.456% annual interest.
How much money will you have at the end of 8 years?
Business
1 answer:
Softa [21]3 years ago
4 0

Answer:

4,494.68

Explanation:

Formula

Fc = Ic (1+i) ^ n

Where;

Fc= Final Capital

Ic= Inicial Capital

i= interest rate

n= period

In this particular case:

Fc = 1234 (1+0.034556) ^ 8 + 2345 (1+0.03456) ^ 6

Fc = 4,494.68

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Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when
andrezito [222]

Answer:

$20

Explanation:

Marginal cost is the extra cost incurred in order to produce and additional unit of a product.

Marginal product is an additional unit obtained from an extra unit of input.

From the question;

Variable cost per unit of labor = Marginal cost of labor = $20

Marginal product of labor = $2

Therefore, the marginal cost of production when the firm hires 5 workers is variable cost per unit of labor which is $20.

8 0
4 years ago
What is trial balance
Grace [21]

Answer:

<h3>A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance. </h3>

<h3>What a trial balance is?</h3>

<h3>A trial balance is a bookkeeping worksheet in which the balance of all ledgers are compiled into debit and credit account column totals that are equal. A company prepares a trial balance periodically, usually at the end of every reporting period.</h3>

Explanation:

<h3>#BrainliestBunch</h3>
6 0
2 years ago
Bill is restoring a car and has already spent $4000 on the restoration. He expects to be able to sell the car for $6200. Bill di
Maslowich

In the given case, Bill has already incurred $4,000 on the restoration and now he has two options for the car.

In the first option he can sell the car for $6200 after sending additional Cost of $2400. So net loss under this option shall be = (4000+2400)-6200 = $200


In the second option, he can sell the car for $3800 without incurring any additional cost. So net loss under this option shall be = 4000-3800 = $200


We can see that the net loss is same under both the options so Bill can go for any option.



5 0
3 years ago
If a question on a job application does not apply to you, simply write_
VMariaS [17]
It would be best to write A. N/A. It literally stands for “not applicable” and tells the person reading the application that you don’t have an answer that is sufficient.
3 0
3 years ago
Read 2 more answers
Melissa impressed her boss by making lots of suggestions for department improvements and by putting in many weekend hours to do
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Melissa is exhibiting organizational citizenship behavior.
This term refers to the fact that a person is willing to do something which isn't exactly a part of their everyday job. So here, Melissa put in extra hours in order to create something new for her company and impress her employer in the process.
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3 years ago
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