A cost that remains unchanged in total despite variations in the volume of activity within a relevant range is a fixed cost. The fixed cost is a type of cost behavior which remains unchanged regardless of the unit or activity changes in a production process<span>. There are four types of cost behavior, which are the fixed cost, the variable cost, the mixed cost, and the step cost.</span>
They are responsibl for the consideration of ethical, legal, and social implications related to the human genome.
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Answer:
you can save $522.48 by purchasing the computer with the credit card
Explanation:
total money paid to the credit card company = $181.46 x 12 = $2,177.52
total money paid for renting the computer = $200 x 12 = $2,400, plus the final payment = $2,400 + $300 = $2,700
money saved by using the credit card = $2,700 - $2,177.52 = $522.48
Answer:
Market price of bond = $2,166.30
Explanation:
Step 1
<em>Calculate the interest payment per 6 months and number of periods</em>
Interest rate per 6 months = (5.96% × 2000)/2 = 59.6
Number of periods = 19 × 2 = 38 periods
Step 2
<em>Calculate the Present Value (PV) of the interest payment</em>
Yield per six month = 5.3%/2 = 2.65%
PV = A × (1+r)^(-n)
= 59.6× ( (1.0265)^(-38)/0.0265 )
= 59.6 ×23.7685
= $1,416.60
Step 3
<em>Calculate the PV of the Redemption Value (RV)</em>
PV = RV × (1+r)^(-n)
= 2000 × (1.053)^(-19)
= 749.705925
Market price of Bond =1,416.60 + 749.70
= $2,166.30
Market price of bond = $2,166.30