Answer:
Instructions are below.
Explanation:
Giving the following information:
Jill:
Weekly deposit= $96.15
The number of weeks= 30*52= 1,560
Interest rate= 0.098/52= 0.00189
Joe:
Annual deposit= $5,000
Number of years= 30 years
Interest rate= 9.8%
To calculate the final value of Jill and Joe, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= weekly/annual deposit
<u>Jill:</u>
FV= {96.15* [(1.00189^1,560)-1]} / 0.00189
FV= $916,853.88
<u>Joe:</u>
FV= {5,000*[(1.098^30)-1]} / 0.098
FV= $791,953.50
i'm confused what your trying to say here?
The Four hierarchical levels of Production activity are as given below:
- Unit Level
- Batch Level
- Product Level
- Facility Level
Step 2
Unit degree: The activities processed on machines or by hand are measured at unit stage. The interest measures used at this stage is system hours, direct labor hours and gadgets produced.
Batch stage: The activities of processing buy orders, manufacturing orders, putting in the equipment, Production activity and managing system comes beneath batch level. each hobby is measured as in step with the volume treated.
Product stage: The hobby of trying out new products, administering components inventories, Production activity and designing merchandise are product degree activities. these are measured as consistent with the checking out time. components sorts and time of designing.
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