Answer:
It will take him 7 years.
Explanation:
Hi! We need to calculate the amount of time that it requires an investment of $34000 to reach $62154 at an interest rate of 9% annually.
By using the formula of Present Value we can isolate n:
The formula is:
PV=Ct/[(1+r)^n]
Ct= cash flow at t time
r= rate
n= period of time
To calculate how many years, we need to isolate n from the PV formula:
n=[ln(Ct/PV)]/ln(1+r)
n=ln(62154 /34000 )/ln(1+0,09)
n=7
Answer:
Dockside Enterprises
The minimum transfer price per hour that the repair division should obtain for its services, assuming it is operating at capacity is:
= $47.
Explanation:
Repair division's estimated variable cost per labor-hour = $37
Standard selling price per labor-hour = $77
Labor cost of the hire of outside repair workers per hour = $47
Minimum transfer price = the variable costs plus a calculated opportunity cost
Minimum transfer price = $47 ($37 + $10)
Calculated opportunity cost = $10 ($47 - $37)
Most people think some marketing is a scam or fake deals.
Answer:
customer relationship process
Explanation:
customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.
