A _______ is a small number of people with complementary skills who are committed to a common purpose, set of performance goals,
1 answer:
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Answer: $12477.27
Explanation:
The formula to find the compound amount after t years (compounded semiannually) :-
Given : Principal amount : P = $ 8,000
Rate of interest :
Time : 9 years
Now,
The final amount in the account will be $12477.27
Answer:
The closing balance from the excel sheet is $5,000.00
Explanation:
Solution
Given that:
The loan balance required l for each month can be computed as follows:
The loan balance = additional cash needed – cash used to retire debt + loan balance from previous month
Now
By applying the excel formula to perform this task is stated as follows:
D34 = SUM(D31-D33,C34)
The same formula is used to get the values for E34 to I34.
Kindly find an attached copy of the updated excel sheet after applying above formula which is a part of the solution is as follows:
Answer: $603,500
Explanation:
Ending inventory in 2014;
= Ending inventory balance 2013 + (( * 100) - ending inventory 2013)) * Price index 2014/100
= 550,000 + (() - 550,000)) * 107/100
= $603,500