Answer:
$9,352.27
Explanation:
25% of 1.2million
25/100×$1,200,000
=$900,000
Monthly mortgage Payment (p)=r(PV)/{1-(1+r)^-n}
Present value (PV)=$900,000
r=7.2%/12
=7.2/100÷12
=0.072/12
r=0.006
n= 144(12 years×12months)
P=r(PV)/{1-(1+r)^-n}
=0.006×$900,000/{1-
(1+0.006)^-144
=$5,400/{1 - (1.006)^-144}
=$5400/{1 - 0.4226}
=$5,400/0.5774
=$9,352.27
The answer to this question is A. Beneficiary
Payer is the person who buy the insurance (not necessarily for themselves only, can be given to their family or friends). Insured can not only be a person, but it also can be an object (such as cars). And the giver is the company who provide the insurance service for the payer.
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
Answer:
Explanation:
The formula to compute the total required production unit is shown below:
= Budgeted sales + desired ending finished goods units - beginning finished goods units
To find out the required production units we add the desired ending finished goods units and deduct the beginning finished goods units to the budgeted sales. So, that the accurate units can come
Answer:
14,500
Explanation:
Given that,
Direct materials requisitioned = 2,500
Direct labor used = 4,000
Additional direct material needed = 3,000
Additional direct labor needed = 6,500
Balance in the work in process on September:
= Direct material + Direct labor - Manufacturing overhead applied
= 2,500 + 4,000 + (4,000 × 200%)
= 14,500