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3 years ago

5

If real gdp per capita grows at a rate of 5 percent per year consistently over time, how many years will it take for it to doubl

e in size?

1 answer:

stepladder [879]3 years ago

4 0

3 is the answer to your question!!

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Companies often use several methods to evaluate the project's cash flows and each of them has its benefits and disadvantages. Pl

lukranit [14]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

4 0

2 years ago

Professional athletes attempting only to maximize income will defer larger salaries if:

GenaCL600 [577]

Professional athletes attempting only to maximize income will defer larger salaries if DEFERRED PAYOUTS ARE ADJUSTED UPWARD TO COMPENSATE FOR FOREGONE INTERESTS.
If professional athletes, whose sole aim is larger income are asked to wait for sometime before collecting their salaries, with the promise that their incomes will be raise for the period of their waiting, then, most of them will gladly agree to the arrangement, since, they are sure of higher amounts.

4 0

2 years ago

Which days can be selected as the first day of the week for a calendar?

Dovator [93]

Sunday or Monday, depending on what loacation.

6 0

2 years ago

On May 3, 2017, Leven Corp. negotiated a short-term loan of $685,000. The loan is due October 1, 2017, and carries a 6.86% inter

Semmy [17]

Answer:

704076 $

Explanation:

Exact statement of the question is:

<em>May 3, 2007, Leven Corp. negotiated a short-term loan of $685,000. The loan is due October 1, 2007, and carries a 6.86% interest rate. Use ordinary interest to calculate the interest. What is the total amount Leven would pay on the maturity date? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)</em>

Solution:

Fro 3rd May to October 1st. 2017 there are 151 days

But 365 days = 1 year

==> 151 days = 151× 1/365 =0.414 years

But we use 1 year as one term

==> 1year = 1T

==> T = 0.414

R= 6.86

P= 685000

A=?

We use formula for the term:

A= P $(1+ \frac{R}{100} )^{T}$

Where A= ammount at the end of term

P= Loan amount

R= Rate of interest

T= No. of terms

Putting values in this formula;

==> A= 685000× $(1+\frac{6.86}{100}) ^{0.414}$

==> A= 685000 × 1.02784938489=704076 $

6 0

3 years ago

The Shoal Company's manufacturing costs for the third quarter of 2019 were as follows: (CPA adapted) Direct materials and direct

creativ13 [48]

Answer: $1,017,000

Explanation:

In calculating product costs we take the following, Direct materials and direct labor, Other variable manufacturing costs, Depreciation of factory building and manufacturing equipment and Other fixed manufacturing costs.

We add all of those with the result being the Product cost.

Calculating therefore would give us,

= 770,000 + 135,000 + 87,000 + 25,000

= $1,017,000

$1,017,000 is the amount that should be considered product costs for external reporting purposes.

If you need any clarification do comment.

7 0

2 years ago