Answer:
FV= $5,864.86
Explanation:
Giving the following information:
Annual deposit= $200 at the beginning
Number of periods= 15 years
Interest rate= 8%
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
A= annual deposit
FV= {200*[(1.08^15) - 1]}/0.08 + {[(200*(1.08^15)] - 200}
FV= 5,430.42 + 434.44
FV= $5,864.86
Answer:
$92,400
Explanation:
Supplies expense for 2020 would be calculated as;
= Ending balance in supplies account on December 31, 2019 + Payment for new supplies in 2020 - Balance in supplies account at the end of year 2020
Given that ;
Ending balance in supplies account = $48,400
Payment for new supplies = $86,000
Balance in supplies account at the end of year 2020 = $42,000
Therefore,
Supplies expense for 2020
= $48,400 + $86,000 - $42,000
= $92,400
Answer:
The demand curve would be a downward straight line graph.
Explanation:
This type of curve is referred to as inelastic demand curve because the decrease in price would not result to an increase in quantity purchased as explained by the question. Majority of the reservation, precisely 25 people from the question are willing to pay reservation proce of 500 as compared to one person whose reservation is different.
Answer:
Theory X organization
Explanation:
McGregor defined it as this: an organization whose approach tend to have several strata of managers and supervisors to oversee and direct workers. A place where Authority is rarely delegated, and control remains firmly centralized. Managers are authoritarian and actively intervene to get things done.
