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RideAnS [48]
4 years ago
13

In the rush to get ready for lecture, a physics professor leaves the hair dryer described in the previous problem running and do

es not turn it off until he gets home 6.1 hours later. how much will this add, in dollars, to his next electric bill (assume electricity costs $0.078 per kilowatt-hr)?
Business
1 answer:
jarptica [38.1K]4 years ago
3 0
<span>Which factor or factors have been predominant in shaping U.S. health care? What have been their effects?</span>
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What is the percentage change in the PV of $100 due in 1 year when the interest rate changes from 5% to 10%?
son4ous [18]

Answer:

c. Decreases by 4.5%

Explanation:

Calculation for What is the percentage change in the PV

First step is to calculate the present value when r is 5%

PV = 100 / (1 + 5%)^1

PV = $95.24

Second step is to calculate present value when r is 10%

PV = 100 / (1 + 10%)^1

PV = $ 90.91

Last step is to calculate the percentage change in the PV

Percentage change in the PV = (90.91 - 95.24) * 100 / 95.24

Percentage change in the PV = - 4.55% (Decrease)

Therefore the Percentage change in the PV Decreases by 4.5%

3 0
3 years ago
Jodi is retiring at the age of 65. When she retires, she estimates that she will need a monthly income for 25 years. If Jodi sta
sergejj [24]

Monthly income refers to the gross countable income received or projected to be received during the subsequent month.

<h3>Interest compounded monthly</h3>

Given Information:

  • Principal = 328,133.32
  • Interest rate = 6.2%, compounded monthly
  • Term = 25 years

A = P (1 + r/n)^nt

A = 328,133.32 (1 + 6.2%/12)^12*25

A = 328,133.32 (1 + 0.0052)^300

A = 328,133.32 (1.0052)^300

A = 328,133.32 (4.74)

A = 1,555,351.94  Total value after 25 years.

=1,555,351.94 / 300 months = 5,184.51 per month.

Learn more about monthly income, refer to the link:

brainly.com/question/24685812

4 0
2 years ago
UPS, a delivery services company, has a beta of 1.4, and Wal-Mart has a beta of 0.9. The risk-free rate of interest is 4% and th
Elena-2011 [213]

Answer:

10.9%

Explanation:

to calculate the expected return of the portfolio, we first need to calculate the portfolio's beta:

the portfolio beta = (beta UPS stock x weight UPS stock) + (beta Walmart stock x weight Walmart) = (1.4 x 50%) + (0.9 x 50%) = 0.7 + 0.45 = 1.15

portfolio's expected return = risk free rate + (portfolio beta x market risk premium) = 4% + (1.15 x 6%) = 4% + 6.9% = 10.9%

7 0
4 years ago
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. T
Neko [114]

Answer:

Total contribution margin= $1,884,180

Explanation:

Giving the following information:

Direct Materials 150

Direct Labor 28

Variable Manufacturing Overhead 25

Variable Selling 16

Sales in units= 10,130

Selling price= $420

Direct material cost= 150*1.1= $165

<u>First, we need to calculate the unitary contribution margin:</u>

Unitary contribution margin= selling price - total unitary variable cost

Unitary contribution margin= 420 - (28 + 25 + 16 + 165)

Unitary contribution margin= $186

<u>Now, the total contribution margin:</u>

Total contribution margin= 10,130*186

Total contribution margin= $1,884,180

3 0
3 years ago
Alt Corp. issues 3,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, credits are made
storchak [24]

Answer:

Credits are made to Common Stock $30,000 and Paid in capital in excess of Par value $12,000

Explanation:

The journal entry is shown below;

Cash $42,000 (3,000 shares at $14)

         To Common Stock $30,000 (3,000 shares at $10)

         To Paid in capital in excess of par value $12,000 (3,000 shares at $4)

(Being issuance of the common stock is recorded)

Here cash is debited as it increased the assets and credited the common stock & paid in capital as it also increased the stockholder equity

8 0
3 years ago
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