Answer:
b. 4 percent
Explanation:
According to the rule of 72, hte number of years required for an investment to be doubled can be obtained by dividing 72 by the interest rate (in percentage). If it takes 18 years for the investment to bouble in value, the interest rate is:
The interest rate on the deposit is 4%.
Answer:
The cost per machine will be $1,560.
Explanation:
Cost of materials is given at $18,000.
The cost of direct labor is $9000.
The manufacturing overhead cost is $6000.
Beginning work in process is $15,000.
The ending balance is $9000.
The number of machines completed is 25.
The total cost of making machines will be
=Cost of materials +cost of direct labor+ manufacturing overhead cost+Beginning work in process-ending work in process
=$(18000+9000+6000+15000-9000)
=$39,000
The cost per machine will be
=Total cost of making machines /number of machines
=$39,000/25
=$1,560
<span>An error value begins with a number sign (#) followed by an error name that indicates the type of error.
Green triangles are used by the excel to denote error indicators. Stop, warning and information are error alert types that are supported by excel.</span><span>
</span>
Answer:
5. 11.1%
Explanation:
the options for this question are missing:
- 5%
- 7.8%
- 10%
- 10.5%
- 11.1%
I prepared the following equation:
$100,000 = $45,000(1 + i)³ + x(1 + i)⁵
There is something that we must remember about zero coupon bonds, and that is that they are sold in thousands. This equation is complex, but there is an easier way to solve it. We can plug in the options to determine which % will result in a possible answer.
The answer is 11.1%, since the other options resulted in numbers which are not even close to a thousand.
$100,000 = $45,000(1.111)³ + x(1.111)⁵
$100,000 = $61,709.88 + 1.2763x
$38,290.12 = 1.2763x
x = $38,290.12 / 1.2763 = $30,000
The answer to this question is b