Answer: 35 months
Explanation:
Interest to be paid = 1,200 - 1,020
= $180
This means that;
180 = 1,020 * 0.06 * t
61.2t = 180
t = 2.94 years
In months
= 2.94 * 12
= 35.28
= 35 months
<span>For the amount invested in the 20 year annuity immediate,
the return will be;
r/(1 - (1+r)^-n) = 0.05/(1- 1.05^-20)
= 0.0802425872
= 8.02425872%
Now, return on perpetuity-immediate = 5%
So, 5% + </span>8.02425872% = 13.02425872<span>
for equal returns from both investments,
X = 5/(13.02425872) x 640,000
= $245,695.365
= $ 245,695.36 </span>
Answer:
$206,550
Explanation:
The computation of the allocation done to the Assembly activity cost pool is shown below:
= Wages & salaries × given percentage + Depreciation × given percentage + Utilities × given percentage
= $285,000 × 55% + $243,000 × 10% + $170,000 × 15%
= $156,750 + $24,300 + $25,500
= $206,550
We simply applied the above formula so that the allocation amount could arrive.
Answer:
Wants is less important because you don't need it/them to survive, you can live with only your needs, you should only get your wants only if you can afford it and still have enough money for needs.
Explanation:
I don't know if that made sense lol
