Because then there will be a limited amount of supplies and resources on Earth, so the value will be rare and expensive.
False. Investing is sometimes considered a form of saving money people use other than savings accounts
C. follow a pathway toward a career goal.
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In a decision to either sell as is or process a product further, joint costs are considered irrelevant and process further costs are considered relevant.
The decision of whether to sell the product right away or wait to sell it in order to earn more money. Although we think that growing the business's income is great, we also need to make sure that the costs associated with the growth will be met. We must contrast the profit margin between selling now and selling later because additional processes will demand more resources and expenses.
Additionally, we need to make an effort to maximise the return on our investment. Additional processes might need more money spent on equipment. These factors require us to apply the sell or process further technique in order to choose the best course of action.
Typically, this scenario occurs in a joint product where one or more outputs can be generated and produce additional revenue. The joint products are produced at the same cost up until the point where they are divided and further sold or processed. Although the products can be sold at the split point, there are instances when continuing developing them is more profitable.
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Answer:
The student invests $60 each month and the interest rate is 6%. The interest rate is compounded monthly so we will take the interest rate as 0.5% (6/12).
The number of periods will be 420 (35*12) as the payments are made every month.
The present value is 0 as he is not making any investment at the start.
We need to find the future value of these payments, and for that we need to put these values in a financial calculator
PV= 0
PMT= 60
I= 0.5
N=420
Compute FV
FV=85,482
The total accumulated amount in the students annuity will be $85,482.
Explanation:
