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krek1111 [17]
3 years ago
10

Assume you pay $24,000 today in exchange for an annuity with monthly payments, an APR of 6.75 percent, and a life of 15 years.Wh

at is the payment amount

Business
1 answer:
Fed [463]3 years ago
4 0

Answer:

$212.38

Explanation:

In this question, we use the PMT formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $24,000

Future value = $0

Rate of interest = 6.75% ÷ 12 months = 0.5625%

NPER = 15 years × 12 months = 180 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer would be $212.38

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Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows.
Firlakuza [10]

Answer:

Lawnmowers= 45,726

Weed-trimmers= 114,314

Chainsaws= 68,589

Explanation:

Giving the following information:

Sales Mix - Unit Contribution Margin

Lawnmowers 20 % $34

Weed-trimmers 50 % $24

Chainsaws 30 % $37

Yard total has fixed cost of $6,836,000

Based on the weighted average sales participation and the unit contribution margin, we can calculate the weighted average contribution margin for the whole company. We need it to calculate the break-even point in units.

Break-even point (units)= Total fixed costs / (weighted average selling price - weighted average variable expense)

Weighted average contribution margin= sales participation per product* unitary contribution margin

Weighted average contribution margin= (0.20*34) + (0.5*24) + (0.3*37)= 29.9

Break-even point (units)= 6,836,000/ 29.9= 228,629 units

<u>Now, we can calculate the required units for each product:</u>

Lawnmowers= 0.20*228,629= 45,726

Weed-trimmers= 0.50*228,629= 114,314

Chainsaws= 0.3*228,629= 68,589

4 0
3 years ago
2. 0.1<br>how do i graph each number on a number line<br>​
Mashcka [7]
Go on the number line and find each number at the bottom and put a dot above each number that your supposed to graph
3 0
3 years ago
The most important source of oligopoly is: economies of scale. government-created barriers. technological superiority. all of th
djyliett [7]

Answer:

economies of scale

Explanation:

Economies of scale are the result of increasing returns to scale, this means that the higher the output, the lower the production costs per unit. This means that large producers will have an advantage over smaller producers which will eventually allow them to make more profits and sell at lower prices. After a while, only large producers that are able to manufacture goods at a low price will exist, e.g. car manufacturers.

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Henry Ford once said, "If I had asked people what they wanted, they would have said faster horses." The invention of the car is
Shkiper50 [21]

<u>Answer: </u>

The invention of the car is an early example of disruptive technologies.

<u>Explanation: </u>

  • The technologies that successfully break a certain long-running trend to start another successfully can be termed as disruptive technologies.
  • The rate of acceptance of such technologies is initially the lowest but they thrive very soon to completely replace the existing methods in use.
  • Disruptive technologies are often more efficient than their older alternatives and that is why they are deemed as profitable.
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3 years ago
Financial planning involves building wealth in a short period of time<br> True<br> False
Artist 52 [7]

Answer:

I think its true, have an amazing day :D

Explanation:

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