Answer: c. 78,000 equivalent units.
Explanation:
Equivalent units for conversion is calculated as:
= Units completed and transferred out + Equivalent ending work in process
Units completed and transferred out:
= Units started into production - Ending units
= 90,000 - 20,000
= 70,000 units
Equivalent ending work in process = 40% * 20,000 work in process units
= 8,000 units
Equivalent units for conversion = 70,000 + 8,000
= 78,000 units
Answer:
Interest= $26,131.91
Explanation:
Giving the following information:
Annual deposit= $2,000
Number of periods= 20 years
Interest rate= 5%
<u>First, we need to calculate the future value using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {2,000*[(1.05^20) - 1]} / 0.05
FV= $66,131.91
<u>Now, we can determine the interest earned:</u>
Interest= future value - total investment
Interest= 66,131.91 - 20*2,000
Interest= $26,131.91
The answer is fales hope i helped
Answer:
Rather than the borrower paying a small rate of interest in each cycle like with a credit card, the borrower using a payday loan... doesnt make you go thourgh the cycle of interest.
Explanation:
