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lukranit [14]
3 years ago
12

Find the present worth in year 0 of $60,000 in year 3 and amounts increasing by 15% per year through year 10 at an interest rate

of 11% per year. g
Business
1 answer:
Kamila [148]3 years ago
5 0

Answer:

Present worth is 398,577

Explanation:

First we need to grow the payment by 15% each year after year 4. Then we need to discount the amounts using the interest rate of 11% each year.

All the workings are done in the pdf file attached with this answer, please find it.

Download pdf
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A bookstore expects to sell 120 calculus textbooks during the next year. It costs $1.50 to store one calculus textbook for one y
bonufazy [111]

Answer:

Bookstore A

The lot size that minimizes costs = 19

The number of times per year to place an order = 6 times.

Explanation:

a) Data and Calculations:

Expected sales units during the next year = 120 calculus textbooks

Cost of storing one calculus textbook for one year = $180 ($1.50 * 120)

Reorder cost = $274 ($10 + $2.20 * 120)

Lot size of order = square root of (2 * 120 * $274)/$180

= square root of 65,760/$180

= square root of 365

= 19 units

Number of times per year to place order = 6 (120/19)

4 0
3 years ago
2(10-24x)+y2evaluate the expression when x=3 and y=5
Semenov [28]

your correct answers is 114


4 0
3 years ago
Investing in collectibles is very risky. True False
Basile [38]
Its true lol ......................................
3 0
3 years ago
porter jewelers, a sole proprietorship has a marginal tax rate of 32 percent and an average tax rate of 20.9 percent. if the fir
Vitek1552 [10]

The amount of Taxable income earned equals $164,258.37.

<h3>What is a Taxable income?</h3>

It refers to any gross income earned that is used to calculate the amount of tax you owe.

Taxable income = $34,330 / .209

Taxable income = $164,258.37

Therefore, the amount of Taxable income earned equals $164,258.37.

Read more about Taxable income

brainly.com/question/25641320

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6 0
2 years ago
Able Company’s unit manufacturing cost is:Variable Costs $50Fixed Costs 25A special order for 1,000 units has been received from
wel

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Unitary cost:

Variable Costs= $50

Fixed Costs= $25

A special order for 1,000 units has been received from a foreign company. The unit price requested is $55.

If the order is accepted, unit variable costs will increase by $2 for additional freight costs.

Because it is a special offer, we will not take into account the fixed costs.

Unitary cost= 50 + 2= $52

Effect on income= 1,000*(55 - 52)= $3,000 increase

5 0
3 years ago
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