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d1i1m1o1n [39]
3 years ago
7

Bright Future Investment Fund has a balance of $1, 205 on January 1. On May 1, the balance is $1, 230. Immediately after this ba

lance is noted, $800 is added to the fund. if there are no further contributions to the fund for the year and the time-weighted annual yield for the fund is 11.1%, what is the fund balance at the end of the year
Business
1 answer:
lilavasa [31]3 years ago
7 0

Answer:

The fund balance at the end of the year is $22,075.

Explanation:

Let X denote the end-of-year balance. During the year, the balance grows as follows

1,205 → 1,230+ ($800) = 2,030

The time-weighted yield rate for the one yearperiod is 11.1%

11.1 = \frac{1230}{1205} * \frac{X}{2030}

1230x = 27152265

x =  \frac{27152265}{1230}

x = $22,075

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sergiy2304 [10]

<u>Explanation:</u>

Business environment refers to the factors pertaining to internal or external to the organisation that affects the working of the organisation. The environment provides threats and challenges for the business organisations. So the business organisations should know about their environment to smoothly function the business activities.

Economic environment means the economic situation in a country that affects the business and consumer behavior in a country. The performance of the organisation can be affected by the buying pattern of the consumers. Economic environment is an external and macro environment factor which affects the business.

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stira [4]

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More about liabilities brainly.com/question/14921529

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8 0
2 years ago
In a shoe manufacturing plant, all shoes undergo the same operations in the same sequence. the shoes flow from one workstation t
andre [41]
The answer is product layout. In manufacturing engineering, this talk about to a manufacture system where the work locations and apparatus are situated beside the line of production, as with assemblage lines. Generally, work units are stirred along a line (not essentially a geometric line, but a set of consistent work stations) by a conveyor.
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4 years ago
Why is all else held constant along a demand curve? Group of answer choices To isolate how a change in price impacts a change in
Kazeer [188]

Answer:

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Explanation:

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