The formula for compounding interest is
F= P(1+i)^n
where F is the future worth, P is the principal amount, i is the interest, and n is the number of years. Applying this equation,
F = 2700(1+0.0875)^8
F = $ 5282
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The given statement " Trend analysis is one method of examining changes in a firm's performance over time, which the analysis of only one year's ratios will not show " is TRUE.
Explanation:
The trend analysis can also be used to do a comparative analysis to assess the financial company's performance over a time period. Compared to quantitative statistics, the trend analysis is more efficient, making top management more successful and smart decision-making.
Trends in working capital management and its impact on firms' performance.
In the corporate and financial industries, pattern analytics are relevant. Trend analyzes are often used to make financial stability predictions and analyses. To order to determine how the business can do in the future, financial analysts analyze the previous results and existing financial conditions.
Answer:
$974.969721935.
Explanation:
So, the assumed discount rate is six(6) percent(%). That is r = 0.06, hence, the amount I will be needing in the next 18 years for my child = $31,940. So, let us Calculate my yearly savings starting today by using the mathematical formula or representation below;
Amount needed in 18 years = (amounts to be saved starting from today, x)/ r × [ ( 1 + r )^n - 1] × ( 1 + r).
$31,940 = x/ 0.06 × (1 + 0.06)^18 - 1 × ( 1 + 0.06).
Solving for x, we find that;
The amounts to be saved starting from today, x = $31,940/ 32.7599917017.
=> The amounts to be saved starting from today, x =$974.969721935.
<span>For a producer surplus of $180 coming from sales of 12 units, this would be the result from (180 / 12), or $15 per purse. Taking the cost she has to pay for each unit, $35, and adding the $15 surplus to each, this leads to a sale price of (35 + 15), or $50 per purse.</span>