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3 years ago

What kind of technology refers as local technology or indigenous technology ?

Business

1 answer:

GalinKa [24]3 years ago

7 0

Answer:

Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.

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What amount must be invested today at an interest rate of 5. 5% compounded monthly, if you want to purchase a $550,000 machine 5

Schach [20]

The amount that needs to be invested today at an interest rate of 5. 5% is determined to be $ 420,824.

Interest rate:

A fee charged by a lender to a borrower known as an interest rate is computed as a percentage of the principal, or the loaned amount. The annual percentage rate, or APR, is typically used to express the interest rate on a loan (APR).
Given, Future value of the car F=$ 550,000
Rate of interest (i) =5.5% per annum Interest time periods (n)=5 years.
PART 1:In the provided problem, the future worth of an automobile, the interest rate, and the length of the investment are all predetermined.
Calculating the amount that must be invested now in order to obtain cash equivalent to the car's future value at the conclusion of the investment period is required.
For this purpose, we will need to apply the PRESENT WORTH COMPUND AMOUNT FACTOR (PWCAF). This factor can be expressed as: P W C A F= $\left(\frac{P}{F}, i, n\right)=\frac{1}{(1+i)^{n}}$
PART 2:The total amount that needs to be invested today can be computed as: P=P W C A $\times F=\frac{F}{(1+i)^{n}} \\$
P= $\frac{550000}{(1+5.5 \%)^{5}} \\$
P=420824 [Rounded off to whole dollars]
Thus, the amount that needs to be invested today is determined to be: $ 420,824

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2 years ago

Costs that are shared by multiple cost objects in a company are known as ______ costs.

laiz [17]

Costs that are shared by multiple cost objects in a company are known as common costs.

Cost involves expenses that are incurred either in production or purchase of goods and services. Common cost consist of all cots incurred, it is not attached to any specific cost object, such as a product or process.

When cost is attached to particular cost it can be given a name.

Example is overhead cost of production, direct cost and indirect costs.

Therefore, Costs that are shared by multiple cost objects in a company are known as common costs.

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1 year ago

Paul began his speech as follows: they called lou gehrig the iron horse. this tireless worker played an astounding 2,130 consecu

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Relating the topic to his audience.

By using an example about school attendance, he is creating a parallel idea with his topic of the work of Lou Gehrig that his audience of fellow classmates can relate to.

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3 years ago

is it legal for south African firms to collude with one another to set prices ,provide some evidence in support of your answer

WARRIOR [948]

Well that depends if their collusion was done lawfully or unlawfully. If they followed guidelines under their law then they did nothing wrong. However, if they colluded to manipulate the economy for their own gain and did it contrary to the law then they guilty of a criminal offense. That is true no matter what company or country does that.

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3 years ago

Engaging directly with the customer costs a business less in advertising then using traditional channels such as magazines and b

bija089 [108]

Answer:

email,blogs and social media

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3 years ago

What kind of technology refers as local technology or indigenous technology ?​

What kind of technology refers as local technology or indigenous technology ?