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GarryVolchara [31]
3 years ago
6

3.5 I having trouble finding the marginal cost ?

Business
1 answer:
Mandarinka [93]3 years ago
5 0

Answers in the completed spreadsheet, as well as the formuals I used.

Hope this helps!

Download pdf
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you invest $15,000 at an annual rate of 8.25or one year. what is the difference in interest earned if your investment is compoun
harina [27]

The difference in interest earned if your investment is compounded on a monthly basis instead of an annual basis is $1185

"8.25% interest" denotes an interest rate of 8.25% yearly, compounded. "8.25% interest compounded monthly" refers to the annual interest rate, which is 8.25% and is compounded every month. The interest rate is, therefore (8.25%) / (12) = 0.6875% monthly. It is clear what is meant by "0.6875% interest per month compounded monthly." Problems must be resolved in terms of the compounding period rather than years when the compounding period is not annual.

P = 15000, r = 0.0825 (8.25%), n = 12 , and t = 1 (given)

Using the formula for monthly compound interest,

CI = P (1 +\frac{r}{n})^{nt}  - P

CI = 15000 [1 + (0.0825 / 12)] ¹² - 15000

CI = (15000 * 1.086) - 15000

CI = 16290 - 15000

CI = 1290

Therefore, Compound Interest when compounded on monthly basis will be $1290.

Annual Compound Interest:

CI = P (1 +\frac{r}{n})^{nt}  - P

CI =  15000 [1 + (0.0825 / 12)] ¹ - 15000

CI = (15000 * 1.007) - 15000

CI = 15105 - 15000

CI = $105

Therefore, Compound Interest when compounded annually will be $105.

The difference in interest earned  if the investment is compounded monthly instead of annual basis will be

Difference = $1290 - $105 = $1185

To know more about Compound Interest, refer to this link:

brainly.com/question/20406888

#SPJ4

8 0
1 year ago
What are the functions and duties of a commission agent?
Misha Larkins [42]
A commission agent works for businesses of all sizes as a middleman between companies and vendors. A person in this role can work in many industries, from real estate to sales and entertainment, and in many parts of the world. A commission agent can also work for more than one business at a time.
8 0
3 years ago
Ruth gives Seth a computer as a gift. Using the computer, Seth develops a new game, for which he obtains intellectual property p
forsale [732]

Answer:

production

Explanation:

Based on the information provided within the question it can be said that Seth's acquisition of the game is by production. This is the process of completely creating from scratch the idea that leads to the product. Which is what Seth did since he developed the game from zero. Using the computer that was gifted to him as a tool.

8 0
3 years ago
Chick-fil-a released a statement to explain their partnership with Thrive Coffee and how the company is working to support local
CaHeK987 [17]

Answer:

C- Public Relations

Explanation:

Chick-fil-a is releasing the statement to the public. None if the other options make sense to fit it..

  • You are not advertising it so not A
  • And you did not release the statement to promote selling a product so not B
  • And you are not doing a sales promotion Chick-fil-a is just stating how they are working to support local farmers so not D
6 0
3 years ago
An investor invests $4,000 to buy 200 shares of Sand Corporation, which has an expected return of 24%; $2,000 to buy 100 shares
Anni [7]

Answer:

Expected return = 28%

Explanation:

given data

invests $4,000

share = 200

return = 24%

and

invests = $2000

share = 100

return = 18%

and

invest = $4,000

share = 400

return = 28%

to find out

expected return on this portfolio

solution

we know total investment is

Total investment = 4000+2000+4000

Total investment = 10000

and

Wt. of Sand Corporation shares in the total portfolio= \frac{4000}{10000} =  0.4

Wt. of Water Corporation shares in the total portfolio=\frac{2000}{10000} =  0.2

Wt. of Beach Corporation shares in the total portfolio=\frac{4000}{10000} =  0.4

and

Expected return on the given portfolio is

Expected return = 0.4 × 24% + 0.4 × 18% + 0.4 × 28%

Expected return = 28%

5 0
3 years ago
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