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andreyandreev [35.5K]
3 years ago
11

Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount.

Payments are made at the end of each period. ​$95 comma 00095,000​; money earns 66​% compounded semiannually for 2 and one half2 1 2 years
Business
1 answer:
TEA [102]3 years ago
6 0

Answer:

PV= $81,947.83

Explanation:

Giving the following information:

Future value= $95,000

Interest rate= 0.03

Number of periods= 5

To calculate the initial investment required to reach the objective, we need to use the following formula:

PV= FV/(1+i)^n

PV= 95,000/(1.03^5)

PV= $81,947.83

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A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries
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Answer:

a) 32 refrigerators

b) 28.39 approximately 29 refrigerators

Explanation:

Given:

Cost of order, S = $100

H = 20% of 500 = 100

Cost of refrigerator = $500

Annual demand, D = 500

S.d = 10

Lead time, L = 7 days.

a) To find the economic order quantity, Q_opt, let's use the formula:

Q_opt = \sqrt{\frac{2*D*S}{H}}

= \sqrt{\frac{2*500*100}{100}} = 32

The economic order quantity is 32 refrigerators.

b) The reorder point, R, is calculated as:

R = (d' * L) + ( z * s.d)

Where d' is daily demand which is calculated by dividing annual demand by 365 days.

d' = 500/365 = 1.37

At 97% service probability.

Using the excel function, NORMSINV(0.97) = 1.88.

Therefore z = 1.88

Solving for R, we have:

R = (1.37 * 7) + (1.88 * 10)

= 28.39

≈ 29

If the distributor wants a 97% service probability, the reorder point, R, should be 29 refrigerators

8 0
3 years ago
A trust deed gives the lender a right to request that the trustee perform certain tasks in order to fulfill the terms of the tru
Ganezh [65]

Answer:

Naked Title

Explanation:

The naked title entitles in the title holder to enforce trust to comply with the clauses of the agreement because this right is given to the trustee. Such titles does not possesses any sort of rights of the ownership of asset and its use. So the only purpose includes the tax benefits and the enforcement of the compliance with the clauses of agreements.

4 0
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URGENT 20poinThe income of the individual falls under one main category​
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Answer:

ok

Explanation:

ok what's the questioned

7 0
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Your local movie theater earns a total revenue of $40,000 per month when the price of a movie ticket is $8, and it earns a total
algol [13]

Answer:

Explanation:

Part One: Demand falls/ declines once the price of movie ticket increases.

Part Two: Demand declines also when the price of the local Internet Service provider increases.

Part Three: Demand declines when the price of cappuccino increases

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3 years ago
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Exercise B: Assume you had invested $1,000 in a lawn mower to set up a lawn mowing business for the summer. During the first wee
andrew11 [14]

Answer:

\left[\begin{array}{cccc}&$mow grounds&$paint garage&$Differential\\$Revenue&1400&1360&\\$Cost&-160&-80&\\$Net &1240&1280&-40\\\end{array}\right]

It is better to paint the garage this week as provide better relevant yield.

Explanation:

The 1,000 invested in the law mower ware sunk cost as it is already incurred. After this week we will be still be able to take jobs ralated to the lawn mower.

We must base our analysis in the future cost associate with each alternative.

These are the revenue of each job and the additional cost.

The transportation as they are equal to both alternative are disregarded.

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3 years ago
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