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tatiyna
3 years ago
12

Tuition of ​$ will be due when the spring term begins in months. What amount should a student deposit​ today, at ​%, to have eno

ugh to pay the​ tuition? The student should deposit ​$ 1200.
Business
1 answer:
lesya [120]3 years ago
8 0

Answer:

some numbers are missing, so I looked for similar questions:

"Tuition of $1044 will be due when the spring term begins in 7 months. What amount should a student deposit today, at 7.62% to have enough to pay the tuition?"

we can use the present value formula to solve this:

present value = future value / (1 + r)ⁿ

  • future value = $1,044
  • n = 7
  • r = 7.62% / 12 = 0.635%

present value = $1,044 / (1 + 0.00635)⁷ = $1,044 / 1.045305791 = $998.75

if the numbers are not the same, just adjust the formula inputting the correct numbers, but the procedure should be the same.

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Which of the following statements best explains why the red bar goes up when the blue goes up?
vesna_86 [32]

<u>Answer: </u>Higher spending than taxing results in a deficit, which contributes to more debt.

<u>Explanation:</u>

Here the red bar is referred to the debt and the blue bar is referred to the spending. When the government spending is more it decreases the government revenue and creates a deficit in the funds. When there is deficit it means the government borrows funds for spending which increases the debts.

Government spending to improve the status of the economy in the country. It Invests is various activities for growth and development purpose. Only on collecting high taxes the revenue of the government will increase. When taxes collected are low the government revenue is also low.

8 0
2 years ago
Define the term teamwork
Stella [2.4K]

Answer:

helping and communicating

Explanation:

word done by several associates with each doing a part but all subordinating personal prominence to the effeciency of the whole

hope it helps

source: merriam webster

6 0
1 year ago
Read 2 more answers
Assume that marginal revenue equals rising marginal cost at 100 units of output.
Digiron [165]

Answer:

b) -$700.

Explanation:

The economic profit or loss will be:

economic result = revenue - total cost

<u>Where:</u>

fixed cost + variable cost = total cost

400 + 600 = 1,000

revenue = units x selling price per unit

100 units x $3 = $300

economic result = revenue - total cost = 300 - 1,000 = -700

The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.

But, it is not selling at the correct price. It should sale at a higher price.

5 0
2 years ago
When an employee's performance is so poor that a written warning is required, the warning should ________.
kifflom [539]

Answer:

A

Explanation:

Written warnings should identify the employee's standards, make it clear that the employee was aware of the standard, specify any deficiencies relative to the standard, and show the employee had an opportunity to correct his or her performance.

7 0
3 years ago
Seldomridge, Inc., manufactures and sells two products: Product I5 and Product U0. Data concerning the expected production of ea
Dmitry [639]

Answer:

Seldomridge, Inc.

The unit product cost of Product UO under activity-based costing is closest to:

= $2,930.77

Explanation:

a) Data and Calculations:

Direct labor rate = $24.40

                                                Product I5    Product U0   Total

Expected Production                      700              200       900

Direct Labor-Hours Per Unit           7.0              10.0

Total Direct Labor-Hours           4,900           2,000         6,900

Total direct labor costs         $119,560       $48,800   $168,360

Direct Materials Cost per Unit $116.10        $212.10

Total direct materials cost     $81,200       $42,420  $123,620

                               

                                Activity      Estimated          Activity Measures

Activity Cost Pools  Measure   Overhead   Product I5 Product U0   Total

Labor-related          DLHs       $ 246,468          4,900        2,000     6,900

Product testing       tests               10,494            500           400         900

Order size               MHs            837,660          4,700       4,500      9,200

Total                                      $ 1,094,622

                            Overhead Rates

Labor-related      $35.72 ($246,468/6,900)

Product testing    $11.66 ($10,494/900)

Order size           $91.05 ($837,660/9,200)

Overhead applied to Product UO:

Labor-related =     $71,440 ($35.72 * 2,000)

Product testing        4,664 ($11.66 * 400)

Order size            418,830 ($91.05 * 4,600)

Total overhead $494,934

Product UO

Direct labor costs         $48,800

Direct materials costs    42,420

Overhead costs           494,934

Total product costs    $586,154

Expected production units 200

Unit product cost =   $2,930.77

7 0
2 years ago
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