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Andru [333]
3 years ago
15

You want to have $400,000 to purchase a house 10 years from today. Assuming you can earn 3 percent, compounded annually, how muc

h money must you invest today
Business
1 answer:
AfilCa [17]3 years ago
6 0

Answer:

$297,638

Explanation:

Future Value (FV) = 400,000 (The amount you need to have in 10 years)

n = 10 years

i/r = 3%/year

Present Value (PV) - Money you need to invest today:

= 400,000 / (1+0.03)^10 = $297,638

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The reason that the producers of wood pulp have often forward integrated into the production of paper is:
Kisachek [45]
<span>Producers of wood pulp often forward integrate into the production of paper in order to exploit technical economies. By also owning paper making plants they can avoid costs of removing waste, and better use it in order to make even more profits.</span>
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3 years ago
A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do
maxonik [38]

Answer:

FALSE

Explanation:

It is False that the difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

The reverse is true because projects are time-bound and they come to an end when their objectives have been achieved, but company operations are expected to continue as a going concern.

A project is an activity to meet the creation of a unique product or service, an thereafter terminates while operations are day to day routine activities that are expected to continue

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3 years ago
Taylor &amp; Edwards Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,
kirill [66]

Answer:

$170.24

Explanation:

The prime cost are the direct manufactured product's costs

raw materials + direct labors

Direct materials     550,000

Direct labor            880,000

total prime cost   1,430,000

Units manufactured 8,400

Prime Cost per unit =  cost / units

1,430,000 / 8,400 = 170.238095238 = 170.24

7 0
3 years ago
Emilio saw a wonderful all-in-one kitchen appliance for sale on TV. The appliance would allow him to get rid of six small applia
icang [17]

Answer:

C) low-ball technique.

Explanation:

The low ball sales technique is legal, although it is also deceiving. It refers to a technique where a good or service is offered at a low price to attract customers' attention, and then the product or service is offered at a much higher price to include all the amenities or functions initially offered.

This is a very common car sales technique where a car is advertised at a certain price and the features offered correspond to a higher trim. Once the customers approach the dealership, they are told that the advertised price was for the basic model and that the advertised car is actually worth much more.

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4 years ago
Question 5 of 10
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Answer:

I thing it is D????????????????????/

Explanation:

5 0
3 years ago
Read 2 more answers
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