The picture attached is not specific enough. Maybe you could elaborate on your question...
Answer:
$488.89
Explanation:
Data provided in the question:
Interest rate = 6% = 0.06
Since the interest is compounded quarterly, n = 4
Interest rate per period = 0.06 ÷ 4 = 0.015
Time = 12 months i.e 1 year
Future value = $6,000
Therefore,
Annuity per quarter = Future value × ![[\frac{r}{(1+r)^n-1}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7Br%7D%7B%281%2Br%29%5En-1%7D%5D)
or
Annuity per quarter = $6,000 × ![[\frac{0.015}{(1+0.015)^4-1}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B0.015%7D%7B%281%2B0.015%29%5E4-1%7D%5D)
or
Annuity per quarter = $6,000 × 0.244
or
Annuity per quarter = $1466.67
Therefore,
Deposits per quarter = Annuity per quarter ÷ Number of months per quarter
= $1466.67 ÷ 3
= $488.89
Answer:
1,350 units
Explanation:
The computation of the break-even point in composite units is shown below;
Composition contribution margin per unit is
= ($75 - $35) × 5 + ($95 - $40) × 2
= 310
Now break-even point in composite units is
= Fixed cost ÷ Composition contribution margin per unit
= $418,500 ÷ 310
= 1,350 units
Answer:
Rewind can sue Quito under the legal obligations of the accord between them.
Explanation:
It is our legal right to sue a person if he or she is not fulfilling the requirements of an agreement or accord as it was mutually signed and accepted by the both parties.
In our case, as Quito and Rewind Graphix both signed an accord in which the Quito promises to pay Rewind $4000 within 10 days but as he didn't respected the accord. Now, Rewind Graphix can sue him for not fulfilling the requirements of the accord.
The answer to this question is <span>acceptability
The </span><span>acceptability characteristic refers to whether the currency is accepted as a medium of exchange for the transaction in the market.
Currency that has high rate of acceptability tend to be less volatile in the foreign exchange market and attract more investment.</span>
