Answer:
The reasons behind the migration are almost same in Nepal as other parts of the world. Existing poverty, limited employment opportunities, deteriorating agricultural productivity, armed 8 Page 9 conflict are some of the reasons about the motives behind international labour migration.
Explanation:
To get the break-even point, the Total Cost must equal to
the Total Revenue or Profit. The Total Cost is the sum of Fixed Costs and
Incremental Costs. Fixed costs are depreciation, advertising and insurance which
is equal to $5,871 per month. Incremental Costs are weed and feed materials,
direct labor, and fuel which is equal to $32 per lawn. The Marginal Revenue is
equal to $89 per lawn. Letting “N” to be the break-even point in number of
lawns, the break-even equation becomes: $5,871 + $32N = $89N. Then calculating
N, the break-even number of lawns is equal to 103.
Answer:
Convenience checks: consumers use these to reduce their available credit in exchange for cash.
Installment loan: consumers make recurring fixed payments.
Introductory interest free: consumers can enjoy a set period of zero interest credit.
Revolving credit: consumers borrow an amount that they don’t have to pay off by a specific date.
Explanation:
In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.
Credit generally decreases assets or increases liabilities and equity on the balance sheet of an organization.
Answer:
Annual deposit= $37,714.37
Explanation:
Giving the following information:
The villa costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years.
The account earns 10% per year.
First, we need to calculate the final value of the house with the following formula.
FV= PV*(1+i)^n
FV= 500,000*(1.06^15)=$1,198,279.1
Now, we can calculate the annual payments required:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,198,279.1*0.10)/[(1.10^15)-1]
A= $37,714.37
