Answer:
$6,636.25
Explanation:
The amount which will be deposited by the Jude today in order to receive the $1,100 in the beginning of each of next eight years shall be determined through present value of annuity formula, which is given as follow:
Amount to be deposited today=R+R[(1-(1+i)^n-1)/i]
Where
R=amount to be received at start of year=$1,100
i=interest rate compounded annually=9%
n=number of years involved=8
Amount to be deposited today=1,100+1,100[(1-(1+9%)^7/9%]
=$6,636.25
D. A 30-minute walk each day provides health benefits for employees,
so we should start a walking group.
To determined the profit is being maximized, you need to make sure that the difference between the total revenue and total cost is greatest. So the formula we need to use in determining the maximized profit is
Profit = Total Revenue - Total Cost
Given
TR = $5
TC = $4.10
Solution
Profit = 5 - 4.10
= 0.9
The answer is 0.9.
Answer: A- few product lines with many items in each
Explanation: A company with shallow product line depth and broad product line breadth would have few product lines with many items in each.
This means that a shallow product line depth is a few product lines. The company has limited variety of product.
While the broad product line breadth means that the company has many items available.
