With continuous interest,
where
F=future value
P=principal = 1000
r=rate=5%
t=time=3 years
Answer: The accumulated amount after three years is $1161.83
Cash flows from operating activities are $200,000; cash flows from financing activities are $150,000; capital expenditures are $
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With continuous interest,
where
F=future value
P=principal = 1000
r=rate=5%
t=time=3 years
Answer: The accumulated amount after three years is $1161.83
Answer: $2.78
Explanation:
Average variable cost is calculated by dividing the total variable cost of producing a certain number of units of a good by that same number of units.
Average variable cost = Variable cost of producing 18 sneakers / 18
= 50 / 18
= 2.7778
= $2.78
