The bal() function that is going to balance the loan after a period of 9 years would be A. bal(108)
<h3>How to solve for the bal() function</h3>
The question tells us that the loan balance would be calculated after the period of 9 years.
We have 12 months yearly in all of these 9 years.
Hence the function would be bal(12*9)
= bal(108)
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Answer:
$15,761.90
Explanation:
Given that
Amount paid at the end of each year = $1,000
Time period = 50 years
Interest rate = 6% per year
So, the present value of the annuity would be
= Amount paid at the end × PVIFA factor for 50 years at 6% interest rate
= $1,000 × 15.7619
= $15,761.90
Refer to the PVIFA table.
Basically we multiplied the amount with the PVIFA factor.
Under a matrix structure, there are two chains of command (functional and project), and project participants report simultaneously to both functional and project managers.
<h3>What is the functional approach?</h3>
The standard functional analysis is expanded in this format and is employed for the first time in the concept study of the vehicle. By using the value matrix, the cost/benefit matrix, the repair time matrix, and the supportability index matrix, the matrix form is utilized to analyze the system's functionality.
An earlier stage of concept vehicle definition allowed the designer-analyst to quickly and easily define the relationship between the choice structure and performance, costs and ranges of the importance of installed components, reliability and cost of repair time, logistic supportability, etc. The extended functional analysis could be the way of defining critical structure that does not impediment the project specification of the vehicle.
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Debit or credit? bAnk account
Answer:
Ending inventory cost= $10,900
COGS= $15,940
Explanation:
<u>To calculate the ending inventory using LIFO (last-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>
Ending inventory in units= 1,000 - 550= 450
Ending inventory cost= 340*23 + 110*28= $10,900
<u>Now, the cost of goods sold:</u>
COGS= 270*30 + 280*28= $15,940
