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s344n2d4d5 [400]
3 years ago
11

What is the future value of ​$490 per year for 9 years compounded annually at 11 ​percent? The future value of ​$490 per year fo

r 9 years compounded annually at 11 percent is ​$ nothing. ​(Round to the nearest​ cent
Business
1 answer:
Novay_Z [31]3 years ago
3 0

Answer:

The future value of ​$490 per year for 9 years compounded annually at 11 percent is ​$6,940.35

Explanation:

Giving the following information:

Annual deposit= $490

Number of years) 9

Interest rate= 11%

We have to calculate the end monetary value after 9 years. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= [490*[(1.11^9)-1]}/0.11= $6,940.35

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A rectangular crate has the dimensions of 32.1 inches by 28.2 inches by 1 foot.
notsponge [240]
905.22
This is the Answer just did it with my teacher and said it was right

5 0
3 years ago
The LFH Corporation makes and sells a single product, Product T. Each unit of Product T requires 1.5 direct labor-hours at a rat
insens350 [35]

Answer:

the budgeted direct labor cost is $441,000

Explanation:

The computation of the budgeted direct labor cost is shown below:

Budgeted direct labor cost

= Budgeted production ×  hours per unit × rate per hour

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= $441,000

Hence, the budgeted direct labor cost is $441,000

So the correct option is B.

7 0
3 years ago
The time between the disabling event and the beginning of payments in your disability coverage is called:___________
jeka57 [31]

The time between the disabling event and therefore the beginning of payments in your disability coverage is called: Elimination period.

Option C is correct

<h2>What is the purpose of elimination period?</h2>

The purpose of an elimination period is to give you the opportunity to get treatment and see how your illness or injury responds. you'll be able to return to work using only paid leave or short-term disability.

<h3>Do you get paid during elimination period?</h3>

Elimination Period: The elimination period may be a period of time an employee must be disabled before benefits are paid. for brief term disability, there's an elimination period for disabilities due to sickness and one for those due to injury. The elimination periods could also be the same length, counting on the policy.

Learn more about elimination period:

brainly.com/question/13547683

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5 0
1 year ago
Companies that practice marketing by ________ create offerings and messages that engage consumers rather than interrupt them. Gr
KiRa [710]

Answer: Attraction

Explanation:

Companies that engage in marketing by attraction, carryout marketing of a product in such a way that the product they are trying to sell attracts the attention of the consumers. In marketing by attraction the marketers tries to draw the consumer to the product by engaging them, which is achieved by gaining the consumers attention.

7 0
3 years ago
Michelle Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the
Gre4nikov [31]

Answer:

The solution is given in the table file attached below

Explanation:

Download docx
8 0
3 years ago
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