Answer:
a. Single
b. Compounding
Explanation:
Lump sums refers to a single payment that is made to a person or an organisation at a specified time. This is different from installment payment that is made as a number of smaller payments over a specified period of time.
Compounding refers to a method of reinvesting earnings or profits from assets or investment with aim of generating extra earnings over time.
Compounding is the foundation of Future Value (FV) as it considers the present value (PV) of an asset, the total number of years, how frequent the compounding takes place in a year, and the annual interest rate as given in the formula in the question which represented as follows:
FV = PV(1 + I)^N
Where;
FV = Future Value
PV = Present Value
I = annual interest rate
N = number of years
Therefore, single payments are known as lump sums. We can solve for the future value or the present value of a lump sum as we discuss below.
Finding the future value (FV), or compounding, is the process of going from today's values to future amounts.
The way that the federal reserve has kept the interest rates
very low had made other people argue that this would likely lead to inflation.
Inflation occurs when there is a rise in terms of the levels of prices of goods
and prices with the power of purchasing lowers or will likely fall.
In the given choices above, the potential benefit of
telecommunication is that it was able to provide a reduce employee turnover because
its task was able to provide a technology of which information exchange is made
easy and the employees are given benefits.
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Answer:
$1,000
Explanation:
the journal entry to record the purchase of the goods should be:
January 27, merchandise purchased on account, credit terms 2/10, n/30
Dr Merchandise inventory 1,000
Cr Accounts payable 1,000
the journal entry to record the payment of the invoice 13 days later should be:
Dr Accounts payable 1,000
Cr Cash 1,000
since the discount period is over, the invoice should be paid at full amount
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.
What is the change in total output that results from hiring one additional worker?
The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.
Does hiring additional workers increase the total revenue at a decreasing rate?
Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.
Learn more about marginal product of labour: brainly.com/question/16690539
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