Answer:
$52,526
Explanation:
In two years i have $35,000.
the amount invested thus the Principle amount is $35,000
Pv = $35,000
r = 7 %
PMT = $0
n = 6
Fv = ?
Note that The 8 th year is the sixth year of this investment.
FV = PV × (1 + r) n
= $35,000 × ( 1 + 0.07) 6
= $52,525.56
= $52,526
Answer:
d. vendor-managed inventory.
Explanation:
Vendor Managed Inventory or in short, the VMI may be defined as a business model or a concept where the buyer of the product or a service provides the information to a vendor of the product while the vendor takes all the responsibility and agrees to maintain an agreed inventory of the product, which is usually at the buyer's or consumer's consumption location.
It is a inventory management practice for optimizing the inventory of products that is held by a distributor.
Answer:
shifts the supply of loanable funds and reduces interest rates.
Explanation:
The supply and demand curves of money (loanable funds) work in the same way as every other good or service. When the supply of a good or service increases, the supply curve shifts to the right, increasing total quantity supplied and decreasing equilibrium price. When we are talking about loans, the equilibrium price is the interest rate.
A = P(1 + rt)
Where: A = Total Accrued Amount (principal
+ interest)
P = Principal Amount
I = Interest Amount
r = Rate of Interest per year in
decimal; r = R/100
t = Time Period involved in months
From the
question given,
A = $34,
200
P =
$20,000
I=
$14,200
r = ?
T = 6
years, 9 months = 81 months
<span>Substituting
the original equation for r:</span>
r = (1/t)
(A/P - 1)
<span>Solving our equation:
r = (1/81)((34200/20000) - 1) = 0.00876543
r = 0.00876543
Converting r decimal to R a percentage
R = 0.00876543 * 100 = 0.8765%/month</span>
R =
0.8765% per month
<span>Calculating the annual rate
0.8765%/month × 12 months/year = 10.518%/year.
</span>
<span> </span>
