Answer:
$841
Explanation:
Let the amount of deposit you need to fund each month is a
n= 30 years = 30 x 12 = 360 months
The amount of money you desire to have in 30 years (FV) = $1,980,000
i/r = 10.19%/year = 0.849%/month
Based on these given information, you can either choose to:
1) Solve the following equation:
a x 1.00849^360 + a x 1.00849 ^359 + a x 1.00849^358 + ... + a x 1.00849^1 + a = $1,980,000
2) Input given information into excel/financial calculator:
n = 360
FV = $1,980,000
i/r = 0.849
PV = 0
Find PMT (a). PMT (a) = $841
Answer:
c. Government must provide adequate physical infrastructure.
And
a. Private property rights must be established by law and enforced by police
Explanation:
Answer:
$60 per unit
Explanation:
Total overheads:
= Overheads of fabrication department + Overheads of assembly department
= $90,500 + $109,700
= $200,200
Total labor hours:
= Blinks + Dinks
= (1,013 × 4) + (1,859 × 5)
= 4,052 + 9,295
= 13,347
Overhead rate per hour = Total overheads ÷ Total labor hours
= $200,200 ÷ 13,347
= $15 per hour
Total overhead cost for blinks:
= Total hours for blinks × rate per hour
= 4,052 × $15 per hour
= $60,780
Overhead cost per unit for Blinks:
= Total overhead cost for blinks ÷ Total units
= $60,780 ÷ 1,013
= $60 per unit
The price of the good impact the quantity demanded and changes when the demand curve moves.
The following information should be considered:
- The demand curve shows two things i.e. price of the good and the quantity demanded.
- The price should be shown on the vertical axis and the quantity demanded shown on the horizontal axis.
Therefore all other options are incorrect.
Hence, we can conclude that the price of the good impact the quantity demanded and changes when the demand curve moves.
Learn more about the demand curve here: brainly.com/question/21220153
