Answer:
Total FV= $29,335.25
Explanation:
<u>First, we need to calculate the future value of the initial investment ($2,500) using the following formula:</u>
FV= PV*(1 + i)^n
PV= $2,500
i= 0.0075
n=10*12= 120 months
FV= 2,500*(1.0075^120)
FV= $6,128.39
<u>Now, the future value of the $1,500 annual deposit:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
We need to determine the effective annual rate:
Effective annual rate= (1.0075^12) - 1= 0.0938
FV= {1,500*[(1.0938^10) - 1]} / 0.0938
FV= $23,206.86
Total FV= $29,335.25
Population pyramid is not a factor affecting population. <span />
Answer:
c. $453,500
Explanation:
The computation of materials requirements (in feet) is shown below:-
Estimated sales $81,000
Add Ending inventory $16,000
Less Opening inventory $26,000
Units for production budget $71,000
Production units $426,000
($71,000 × 6)
Add Ending reserve $106,500
($426,000 ÷ 12 × 3)
Less Beginning reserve of
feet $79,000
Materials requirements $453,500
Therefore the materials requirements (in feet) for 2016 is $453,500
Answer:
$15605.30.
Operating cash flows = [9200 units ($13.29 - $8.48) - $27400 ] ( 1 - 0.35) + $13290 (0.35)
= $10953.8 + $4651.5
= $15605.3.
Answer:
An Increase in Prices.
Explanation:
Luz manages a chain of bars and restaurants In a tri-county area that has recently experienced an economic boom because of fracking and high oil prices. Prices will be increased when there is too much money in the tri-county economy. Whenever there is an economic boom in any economy, people gets the buying power and they start spending and buying things which they could not have bought when they were not having any purchasing power, therefore, in this case prices of the things go up when people get the purchasing power.
