Answer:
Explanation:
Using future annuity formula
Fv = Pmt ( (1+r)ⁿ -1 )/ r
+ 1 = (1+r)ⁿ
In (
+ 1) = n In ( 1+r)
n = In (
+ 1) / In ( 1 + r)
FV, future value = $10,000, Pmt, periodic payment per year = $1,100, r rate = 11.82% = 0.1182 and n = number of years
n = 0.7297 / 0.11172 = 6.53 years approx 7 years
the last year payment will actually be less than $1,100
Answer:
Error = 166.308459
Explanation:
Given that,
Standard deviation (SD) = $600
Sample (n) = 50 persons
Error(E) = ?
For a 95% confidence interval,
Z-value from the z-table is 1.959963985
![E=\frac{z\times SD}{\sqrt{n}}](https://tex.z-dn.net/?f=E%3D%5Cfrac%7Bz%5Ctimes%20SD%7D%7B%5Csqrt%7Bn%7D%7D)
![E=\frac{1.959963985\times 600}{\sqrt{50}}](https://tex.z-dn.net/?f=E%3D%5Cfrac%7B1.959963985%5Ctimes%20600%7D%7B%5Csqrt%7B50%7D%7D)
![E=\frac{1,175.97839}{7.07106781}](https://tex.z-dn.net/?f=E%3D%5Cfrac%7B1%2C175.97839%7D%7B7.07106781%7D)
= 166.308459
Therefore, the margin of error for a 95% confidence interval is 166.308459.
I would say the duration of unemployment rises. A recession means that for example in the mining industry the prices of metals falls so the result is that often companies cut back on production and lay workers and staff off, or sometimes shut whole mines down completely. So the employers have a harder time to pay their workers because they may not be making a profit anymore. In mining and mineral exploration these recessions or depressions are cyclical in the capitalist system and usually last at least 4-5 years often with no work for mining people.
Answer:
a. reduce errors and catch any problems earlier
Explanation:
Daily inventory cycle counts allow companies to immediately identify variances in inventory and their causes. The organization can then put measures to address the problem. Detecting problems early and employing corrective measures prevent a business from incurring heavy losses as opposed to waiting until the end of a period for a stock take.
Organizations are opting for daily stock stocks for more accurate reporting, customer-friendly stock management, and early detection of inventory problems.
The acid-test ratio takes the sum of cash, short-term investments, and receivables and divides the total by current liabilities. .
Acid test ratio is also known as quick ratio. It is a measure of the capability of a firm to use its short term assets to meet current liabilities. It is an example of an activity ratio.
Acid test ratio = (current asset - inventory) / current liabilities
The higher the acid-test ratio, the better the ability of a firm to meets its short term liabilities.
A similar question was answered here: brainly.com/question/1114476