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Tatiana [17]
3 years ago
6

Adam plans to invest $1500 today in a mutual fund. if he earns 12 percent interest compounded monthly, to what amount will his i

nvestment grow in 20 years? use a financial calculator to make the calculation.
Business
1 answer:
konstantin123 [22]3 years ago
4 0
Starting amount is $1,500, 12% interest that compounds monthly and it will grow over a period of 20 years. Using a calculator it comes out to a total of <span>$16,339.07</span>
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In Step 4, the EUP from Step 2 and the cost per EUP from Step 3 are used to assign costs to the:______ (You may select more than
Licemer1 [7]

Answer:

Option B. Units completed and transferred to finished goods

&

Option C. Units in ending work in process inventory

Explanation:

The reason is that the Equivalent units of Production that include number of units that would have been completed if all the efforts required were applied to the product completion which are the products started and finished during the period. The definition clearly states that the units considered would be the one that are shifted to finished goods from work in progress state in the current year or the one which is at work in progress state.

In the nutshell, the only units that would be considered in the assignment of the cost in the Step 4 will be either Work in Progress (Option C) or the Finished Goods that is shifted to Work in Progress (Option B).

7 0
3 years ago
The middle of supply chain information systems (SCIS) framework is which of the following?
Natasha_Volkova [10]

Answer:

The correct answer is letter "B": Enterprise planning and monitoring.

Explanation:

Information Systems impact the Supply Chain at planning and monitoring stages. Information Systems allow managers to analyze information about the flow of the supply chain and allows them to spot where improvement is necessary. Besides, it allows tracking production to maximize it. Decisions can be made upon the feed Information Systems provide.

5 0
3 years ago
Upon graduating from college, you make an annual salary of $58,381. You set a goal to double it in the future. If your salary in
Fynjy0 [20]

Answer: 9.20

Explanation:

In finance there is a rule for calculating this called 'The Rule of 70'.

With The Rule of 70, you are able to calculate the amount of time it will take an investment to double if you divide 70 by the growth rate of the investment.

In this scenario, the investment is your salary and the growth rate is 7.61% pee year.

The amount of time it will take to double is therefore,

= 70 / 7.61

= 9.19842312746

= 9.20 years.

It will take 9.20 years to double.

7 0
3 years ago
What is 4 P's in entrepreneur​
leva [86]

Answer:

passion, persistence, perseverance, and preparation

Explanation:

6 0
3 years ago
g McGuire was an employee of First National Bank of Grayson (FNBG). FNBG participated in a Kentucky Housing Corporation (KHC) pr
Crazy boy [7]

Answer:

The court concluded truthfully, as he had done all the analysis and acknowledged the documentation and investment purposes.

The program scammed funds which might have been used for small-income housing by the government agency.

<em>United States v. McGuire, 744 F.2d 1197 (Cir. 11, 1984).</em>

6 0
3 years ago
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