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dem82 [27]
3 years ago
15

What are the five steps you should take before making significant purchase?

Business
1 answer:
Viktor [21]3 years ago
8 0

What <u>i look</u> before purchasing the item is look at the review to see if people like it or think it is useful and 2 i look at the price if it is reasonable than i like it , sorry that is the only thing i think i do sorry did that help?

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You currently have $3,400 in an investment account that returns 11% per year. How long will you have to wait until you can make
posledela

Answer:

1) 3.7 years

2) $2,448.89

Explanation:

1. Amount in bank  = $3,400

Return, r = 11% = 0.11

Future value = $5,000

Now,

Future value = Principle × ( 1 + r )ⁿ

here,

n is the time

$5,000 = $3,400 × ( 1 + 0.11 )ⁿ

or

1.4706 = 1.11ⁿ

taking log both sides

log(1.4706) = log(1.11ⁿ)

also,

log(aᵇ) = b × log(a)

Thus,

log(1.4706) = n × log(1.11)

0.1675 = n × 0.0453

or

n = 3.69 ≈ 3.7 years

2) Amount to repay = $3,000

Interest = 7% = 0.07

Time, n = 3 years

Now,

Future value = Principle × ( 1 + r )ⁿ

or

$3,000 = Principle × ( 1 + 0.07 )³

or

$3,000 = Principle × 1.225043

or

Principle = $2,448.89

Hence,

Amount to be set aside = $2,448.89

3 0
3 years ago
A materials requisition slip showed that direct materials requested were $66,000 and indirect materials requested were $9,000. T
patriot [66]

Work In Process Inventory 66,000

Manufacturing Overhead 9,000

Raw Materials Inventory 75,000

Hope this helps :)

6 0
3 years ago
The following monthly data are available for Waterway Industries. which produces only one product: Selling price per unit, $54;
o-na [289]

Answer:

Margin of safety= 950 units

Explanation:

<u>First, we need to calculate the break-even point in units:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 42,000 / (54 - 14)

Break-even point in units= 1,050

<u>Now, the margin of safety in units:</u>

<u></u>

Margin of safety= (current sales level - break-even point)

Margin of safety= 2,000 - 1,050

Margin of safety= 950 units

8 0
3 years ago
What payroll deductions might change depending on the state you live in
Blizzard [7]
State and local taxes
6 0
3 years ago
As posited by carroll’s pyramid, the first and foundational responsibility of organizations in the global economy is to:.
jonny [76]

The aim of making a profit consistent with expectations for international businesses is the first and foundational responsibility of organizations in the global economy is to.

<h3>What are international businesses?</h3>

An international businesses means a business that involves in national exchanges of goods, services, or resources.

In conclusion, the aim of making a profit consistent with expectations for international businesses is the first and foundational responsibility of organizations in the global economy is to.

Read more about international businesses

<em>brainly.com/question/4979112</em>

5 0
3 years ago
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