Answer:
Q1. Selena will have earned <em><u>$ 25.00</u></em> in interest by the end of the year.
Since interest paid is 5% in simple interest, we can calculate that by using the formula:
Q2. The balance in Suki's account at the end of two years will be <em><u>$866.2854.</u></em>
This means that she will have earned <em><u>$66.2854</u></em> in interest.
Since interest is compounded quarterly, Suki will receive interest for 8 periods. The formula for compound interest with more than one interest period per year is:
where
A is the amount at the end of the period
P is the principal
i is interest rate per annum
m is number of compounding periods in a year
n is number of years
Substituting the values in the formula above we get,
Now, we calculate the interest earned by doing \mathbf{CI = A -P}.
Q3. It will take <em><u>18 years</u></em> for the money to double to $100.
Since we need to use the rule of 72, we'll divide 72 by the interest rate to determine the number of years needed to double the investment's value.
So, the number of years is 
.
Answer: A. Speech of delivery
Explanation:
When buying things like software, there are certain things that will determine the value apart from the monetary price. These include the ease of installation and the availability of training assistance.
With ease of installation, the fundamental question is if the software is easy or complicated to install. The easier it is the better. Also is there someone who can help the users be able to master the features of the software. This is availability of training assistance.
Now while speech of delivery can help in convincing Hayden to buy from a particular shop, it does not contribute to the value of the software.
Answer:
Primary reasons a company would decide to expand internationally are as follows:
- Expanding markets and increasing sales are one of the primary reasons.
- Companies get globalized in order to become a market leader.
- The company may choose to enter into international market in order to diversify a company's product line.
- Markets and investments would be protected by companies once they enter into international market and get engaged in an international business.
- Controlling the expenses is again one of the most important reasons. Company would buy the resources to gain cost advantage.
- For example, the company which is located in Canada gets most of their resources from China; the company would look forward to get situated near China.
- Another reason would be, to get protected from their competitors or to gain advantage over them; the company would decide to expand internationally.
The three motivational factors that induce a company to go global are as follows:
- Economies of Scale — The advantage that a company gain through mass production to achieve the lowest possible production cost per unit.
- Economies of scope — The advantage that a firm gains by producing different varieties of products and services and at different regions.
- Low-Cost Production Factors — It is an opportunity to purchase the resources at the lower possible cost.
Jaguar Land Rover decided to manufacture cars outside the UK for the first time. In recent years, it has rapidly expanded in its home UK and the company is planning to go to Brazil and implement the strategies that they had implemented in India.
Jaguar Land Rover moves to other countries to gain the opportunity of producing at a lower price and to gain economies of scale.
Answer:
Land = $295,000
Building = $1,375,000
Explanation:
The computation of cost of the land and new building is shown below:-
Land = Parcel of land + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials resulting from demolition were sold
= $280,000 + $20,000 + $5,000 - $10,000
= $305,000 - $10,000
= $295,000
Building = Architect's fees + Construction costs
= $35,000 + $1,340,000
= $1,375,000
We simply applied the above formulas
