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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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The Edward James Toy Company uses a kanban system to make a plastic wheels that are a component of several toys. The waiting tim
kicyunya [14]

Answer:

The number of kanban containers needed for the wheels is 4.2 containers

Explanation:

In order to calculate the number of kanban containers needed for the wheels we would have to calculate the following formula:

number of kanban containers needed for the wheels=Demand rate*(Average processing time+Average waiting time)*(1+Alpha)/Container size

According to the given data we have the following:

Demand rate = 2000 per day

Average processing time= 0.15 day

Average waiting time = 0.25 day

Container size= 200

Alpha= 5%

Therefore, number of kanban containers needed for the wheels=2,000*(0.15+0.25)*(1+0.05)/200

number of kanban containers needed for the wheels=4.2 containers

The number of kanban containers needed for the wheels is 4.2 containers

6 0
2 years ago
Suppose that a mortgage bank locked in an interest rate for a prospective borrower at 8.5%. However, prior to the loan closing,
m_a_m_a [10]

Answer:

Reinvestment risk

Explanation:

The mortgage banker would be most concerned about reinvestment risk, among other risks. Reinvestment risk relates to the inability to earn an original interest rate on an investment from periodic cash flows from the investment, thus limiting the overall rate of return on the investment.

In the question, since market mortgage rate has declined to 7.5%, the mortgage bank would have to reinvest the amount repaid from the original borrower at the new market rate, which is 1% lower than the ruling rate when the original borrower took the loan.

The problem would be compounded if the cost of funding to the mortgage bank was, for instance 8%. If that was the case, on the original loan, the mortgage bank was earning a (8.5% less 8% cost of funding =) 0.5% on the loan. However, due to the decline in market rates, the mortgage bank would have a cost of 8% compare to a market rate of 7.5% it would earn, thus resulting in a negative return of 0.5%.

3 0
3 years ago
A bank with a negative repricing (or funding) gap faces refinancing risk. Group of answer choices True False
guajiro [1.7K]

Answer:

True

Explanation:

hope this helps :(

3 0
2 years ago
Refer to the accompanying consumption schedule in an economy. All figures are in billions of dollars. If gross investment is $34
dezoksy [38]

Answer:

C+$64

Explanation:

The GDP measures the market value of all good and services produced in an economy (country or region) in a specific period of time. It is calculated by this formula:

GDP= Consumption (C)+ Investment (I)+ Government expenditure ()+ Net exports (exports-imports)

A lump-sum tax at all levels of GDP means that no matter what GDP value is, the tax will be the same amount. If the tax is collected by the government then the GDP will increase because the government expenditure is income ( most of them are taxes) minus expenses ( public investment in education, health, etc)

GDP= C+$34+$30+0

After tax, the equilibrium level of GDP will be C+$64

8 0
2 years ago
Inflation is when _________ money is paid for the same amount of goods and services than in a previous time period. the same amo
Kisachek [45]

Answer:

More

Explanation:

Use google

6 0
3 years ago
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