Answer:
The future value of the $200 invested yearly for 4 years at 8% is $973.32
Explanation:
The future value of an immediate annuity is given by the formula = (1+r)*[P*((1+r)^n-1)/r]
P=is the periodic payment of $200
r=rate of return=8 percent
n=number of years=4
By slotting the variables into the formula we have:
Fv=(1+0.08)*(200*((1+0.08)^4-1)/0.08)
FV=$973.32
Judging by the concept of time value of money, it is expected that the sum invested at interest would have been much more at maturity of the investment as $1 today should give a lot more than $1 in future.
Answer: c. Ten years, because maintenance costs don't increase.
Explanation:
With the maintenance costs constant at $24,000 a year, the machine is still expected to go 10 years before it's x-ray source is depleted and it has to be scrapped.
This means that the useful life is therefore 10 years because the maintenance cost will not increase but will still keep the machine going for 10 years.
Depends how old you are, if you are old enough you can apply for a job.
If not you can try doing chores for your parents.
Well i don't know what the question is but i am guessing that you would want to keep the flowers growing and in good shape
Answer:
B. skunk-works
Explanation:
Based on the scenario being described within the question it can be said that Micheal's team can be best referred to a skunk-works team. This is a team of individuals that come together in order to research and develop new innovative achievements, and is characterized as having a loosely structured group with little to no bureaucracy and a decentralized authority.
