The model that best fits the given situation is exponential
<h3>
what is an Exponential Function?</h3>
Exponential function, in mathematics a relationship of the form y = 
, where the independent variable x extends over the entire real number line as an exponent of a positive number a. The most important exponential function is y = 
.
Here,
The value of a classic car = $50,000
It is increasing in value by 5% per year.
So, here we have a = 50,000 and x = 5%
The function is increasing.
b = 1+5%
b = 1+0.05 = 1.05
Hence, the function that describes this situation is given by:
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The correct options are
A)$4,332B)$3,734C)$3,072D)$5,086
Answer:
$5086
Explanation:
Total cost is defined as the amount spent in a production process which involves variable cost such as labour and raw materials which change with volume of production.
In addition fixed cost that remain constant with volume of production are also considered as part of total cost.
In the give scenario
Direct materials is $3,044
Direct labour cost is $15 * 46 = $690
Machine use cost $13 * 104 = $1,352
Total cost = 3,044 + 690 + 1,352 = $5,086
Managers are responsible for helping the business achieve goals.
Answer:
All other factors being equal, the premium in a survivorship life policy as compared to the premium in a joint life policy should be higher
Explanation:
All other factors being equal, the premium in a survivorship life policy as compared to the premium in a joint life policy should be higher because it effectively contains the premium of two people which would be paid out upon the demise of both parties to their heirs. Unlike in the case of first-to-die joint life policy that pays to the surviving partner upon the death of the first.
The inside address of a cover letter belongs to the person you are writing to.
