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Volgvan
3 years ago
10

You deposit $5000 at end of each year for 10 years. assume you are earning 8.88% per year for the entire problem. after 10 years

of making these deposits, you keep the money in the bank, still earning 8.88%. how many years (after you made the last deposit will it take for your money to grow to $534,480?
Business
1 answer:
yan [13]3 years ago
8 0
I say around 15-25 yrs but really i am not sure just being honest 

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Terms of trade Suppose that Greece and Germany both produce oil and stained glass. Greece's opportunity cost of producing a pane
Pepsi [2]

Answer:

Greece has a comparative advantage in the production of stained glass.

Germany has a comparative advantage in the production of oil.

Greece can gain from specialization and trade as long as it receives more than 4 barrels of oil.

Germany can gain from trade as long as it receives more than 0.1 pane of stained glass.

Trade price in this situation will be 8 barrels of oil per pane of stained glass and 6 barrels of oil per pane of stained glass.

Explanation:

Greece and Germany both produce oil and stained glass.

Greece's opportunity cost of producing a pane of stained glass

= 4 barrels of oil

Germany's opportunity cost of producing a pane of stained glass

= 10 barrels of oil

Greece has a comparative advantage in the production of stained glass as it has lower opportunity cost.

Greece's opportunity cost of producing a barrel of oil

= \frac{1}{4}

= 0.25 pane of stained glass

Germany's opportunity cost of producing a barrel of oil

= \frac{1}{10}

= 0.1 pane of stained glass

Germany has a comparative advantage in the production of oil as it has lower opportunity cost.

Greece can gain from specialization and trade as long as it receives more than 4 barrels of oil. Germany can gain from trade as long as it receives more than 0.1 pane of stained glass.

Both the countries will gain from trade if the trade price lies between their opportunity cost. So trade price in this situation will be 8 barrels of oil per pane of stained glass and 6 barrels of oil per pane of stained glass.

4 0
3 years ago
G why is the future value always more than the present value?
olya-2409 [2.1K]
The future value is always more than the present value because the value of the dollar can be higher in the next day. plus it can be adding the interest in the future value. 
3 0
2 years ago
In the​ past, Peter​ Kelle's tire dealership in Baton Rouge sold an average of 1 comma 000 radials each year. In the past 2​ yea
Lina20 [59]

Answer:

Explanation:

For computing the demand for each sale, first we have to compute the average sale for each season which is show below:

Average sale in fall = (240 + 260) ÷ 2 = 250

Average sale in winter = (340 + 300)  ÷ 2 = 320

Average sale in spring = (140 + 160)  ÷ 2 = 150

Average sale in summer = (320 + 240) ÷ 2 = 280

Demand for next fall = (250  ÷ 1,000) × 1,200 = 300

Demand for next winter = (320  ÷ 1,000) × 1,200 = 384

Demand for next spring = (150  ÷ 1,000) × 1,200 = 180

Demand for next summer = 1,200 - (300+384+180) = 336

6 0
3 years ago
Inflation is often measured by evaluating changes in the cost of a fixed basket of goods and services. this method_______ inflat
stealth61 [152]
Is there any answer choices ?
8 0
2 years ago
The master budget of Swifty Corporation shows that the planned activity level for next year is expected to be 50000 machine hour
densk [106]

Answer:

Total Manufacturing Overheads = $1198,333

Explanation:

<em>Machine Supplies would vary with the new level of machine hours. therefore flex the overheads to obtain the budgeted manufacturing overheads.</em>

<em>Note ; Depreciation remains constant as this is not affected by new level of machine hours</em>

<u>Total manufacturing overhead costs at a level of 60000 machine hours</u>

Indirect labor (780,000 /50,000×60,000)             650,000

Machine supplies ($250000/50,000×60,000)      208,333

Indirect materials  (180,000/50,000×60,000)        150,000

Depreciation on factory building                             190,000

Total Manufacturing Overheads                             1198,333

3 0
3 years ago
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