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abruzzese [7]
4 years ago
8

Margaret, when she turned 25, made an investment of $15,290 at an interest rate of 6.1% compounded semi-annually (twice per year

). Now that she is 50 years old, how much is the investment worth now? Round your answer to the nearest dollar.
Business
1 answer:
SSSSS [86.1K]4 years ago
6 0

Answer:

$68,676.36

Explanation:

The computation of the investment worth now is shown below:

Given that

Investment amount = $15,290

Rate of interest = 6.1%

Number of years old = 50

So half yearly is 3.05% or 0.0305

Now the investment worth now is

= Investment amount × (1 + interest rate)^time period

= $15,290 × (1 + 0.0305)^50

= $15,290 × 4.491586892

= $68,676.36

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Which factor of production is LEAST likely labeled in the photo?
Natali5045456 [20]

Answer:

Natural resources

Explanation:

Humans should bring an end to all ways of degradation. Cutting down on food waste would only increase the amount of atmospheric carbon dioxide. Alternatively, inspire people to grow more trees in order to maintain nature's harmony. Furthermore, it reduces electricity consumption around the board.

5 0
3 years ago
Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
777dan777 [17]

Answer:

Selling price= $10,632

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (307,200/48,000) + 2.8

Predetermined manufacturing overhead rate= $9.2 per direct labor hour

Job X941:

Total direct labor-hours 300

Direct materials $ 600

Direct labor cost $ 5,500

<u>Now, we can determine the total cost of Job X941:</u>

Total cost= 600 + 5,500 + 300*9.2

Total cost= $8,860

<u>Finally, the selling price:</u>

Selling price= 8,860*1.2

Selling price= $10,632

7 0
4 years ago
What is a product mix?
Leto [7]
<h2 /><h2>Answer:</h2>

Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm. A product mix consists of product lines, which are associated items that consumers.

For example, your company may sell multiple lines of products.Or your product lines may be vastly different, such as diapers and razors.

8 0
3 years ago
The Charmatz Corporation has a central copying facility. The copying facility has only two​ users, the Marketing Department and
kobusy [5.1K]

Answer:

Total cost for Operations Department = 92,548

Explanation:

Dual-rate method is a method of allocating costs in which two cost functions are used. Typically, the two functions are a fixed-cost function and a variable-cost function.

First calculate allocation rate for fixed cost for Operations Department

Fixed cost  = 60000

Budgeted copies = 310000

Fixed allocation rate = 60000 ÷ 310000

                                  = $ 0.1935483870967742‬ per copy............eq(2)

Variable cost = $ 0.05 per copy............ eq(1)

Actual usage by Operations department was 380000 copies.

Multiply this amount with allocation rates calculated in eq(1) and e1(2).

Actual fixed cost = 0.1935483870967742 × 380000

                            = 73548

Actual variable cost = 0.05 × 380000

                                  = 19000

Total cost for Operations Department = 73548 + 19000

                                                                = 92,548

6 0
3 years ago
.The Bank of King's Landing has made many loans to the lords of Winterfell. The Bank is considering whether they will benefit or
kotykmax [81]

The Bank of King's Landing would realize an unexpected benefit when the actual rate of inflation is lower than the expected rate of inflation.

<h3>Effect of Change in Inflation Rate on Lending</h3>

In monetary economics, when the actual rate of inflation is lower than projected, the lender or bank benefits since it is similar to receiving a bonus.

The lender or the bank, on the other hand, will lose if the rate of inflation is higher than predicted.

As a result, when the actual rate of inflation is lower than the forecast rate of inflation, the Bank of King's Landing will gain unexpectedly.

The reason for this is that the amount they receive will be worth more than they anticipated when they made the loans to the lords of Winterfell.

Learn more about how inflation affects lending here: brainly.com/question/14988663.

7 0
2 years ago
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