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igomit [66]
3 years ago
5

Kevin Morales invests $14,963.72 now for a series of $2,200 annual returns beginning one year from now. Kevin will earn a return

of 6% on the initial investment. How many annual payments of $2,200 will Kevin receive?
Business
1 answer:
4vir4ik [10]3 years ago
7 0

Answer:

Answer= 9 years

Explanation:

Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate

14,963.72=2200[1-(1.06)^-n]0.06

14,963.72=36,666.67[1-(1.06)^-n]

1-(1.06)^-n=(14,963.72/36,666.67)

(1.06)^-n=1-(14,963.72/36,666.67)

(1/1.06)^n=0.591898545

Taking log on both sides;

n*log (1/1.06)=log 0.591898545

Hence n=log0.591898545/log (1/1.06)

=9 years.

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kakasveta [241]

Answer:

D) The focus in service is on revenue​ maximization, while the focus in manufacturing is on cost minimization.

Explanation:

You can set up a manufacturing location in different places, mostly depending on the costs associated with the supply management (both upstream and downstream).

While location is extremely important for a service provider and its capacity to generate revenue, e.g. a hotel or a restaurant cannot be located in the middle of nowhere.

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4 years ago
6. Which of the following is not a service quality attribute?
Ierofanga [76]

Answer:

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this is the correct answer

3 0
2 years ago
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How can insurance protect you from financial loss?
RUDIKE [14]

<em>Answer:</em>

<em>Answer:Insurance policies offer protection against economic loss, that is, loss or damage which can be measured in purely financial terms and compensated by money. When you buy homeowners property insurance.</em>

Explanation:

<em>When you buy homeowners property insurance, for example, you are insuring only the economic value of the home, i.e., the cost to repair or rebuild it.</em>

6 0
3 years ago
Deer consume 10,000 kg of grass per month, and their secondary production is 2,000 kg per month. if their assimilation efficienc
iris [78.8K]
Assimilation efficiency quantifies the ratio between the organism's used energy for growth and production of new cells and tissues, and others. 

We let x be the amount of substance assimilated. 

                          AE = x / 10,000

From the given, AE is equal to 0.5. Substituting,

                          0.5 = x/10,000
                              x = 5,000

Production efficiency on the other hand is the ratio of the amount of substance used for production compared to the assimilation. Mathematically,
 
                                       PE = 2,000 / x = 2,000/5,000

                                             PE = 0.4

This is equivalent to a percentage of 40%. 
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The ambitious sprinkler system project was finally over and it was hard to believe that it took only two years. The project mana
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     From the given case, we can estimate that the manager was also shocked for the first time after reading the receipt, therefore, he will definitely hide his financial reports from his wife or it would lead into a conflict.

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