Answer:
255.81
Explanation:
We have the formula to calculate the monthly compound interest as following:
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In which:
+) A: Amount of compound interest
+) P: Principle, the initial deposit
+) r: the percentage rate
+) n: the number of month (if monthly: n =12, quarterly => n = 3, etc.)
+) t: number of years
From that we have: P = 5,000; r = 5% = 0.05; n = 12 months and t = 1
So that the compound interest monthly for 1 year of 12 months is:
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<em>So that the answer is 255.81</em>
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.
Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
Answer:
$53,019
Explanation:
Step 1 : Determine the unit product cost
Unit product cost under variable costing consist of only variable manufacturing costs.
Unit product cost = $30 + $26 + ($300,000 ÷ 29,200)
= $66.27
Step 2 : Calculate value of the inventory
Value of the inventory = Unit product cost x units in inventory
= $66.27 x 800
= $53,019
Under variable costing, the value of the inventory is $53,019.
Answer:
The economic downturn is a factor beyond her control.
Explanation:
In the given scenario Selena's monthly sales have declined and she received a bad performance rating.
The decline was due partly to an economic recession and also due to the fact that her mother has been in the hospital (personal reasons).
If the wants to contest the ratings she will not use the personal challenge she had since she did not report it to take time off from work.
However she can state that the economic downturn is a factor beyond her control so this should be considered in her performance rating.
<span>Many businesses prefer to provide and accept credit cards rather than accept personal cheques because it's more convenient for them to just charge directly to the bank of the credit card rather than they still needs to go to the bank and exchange the cheques.</span>
