Answer: $35,036
Explanation: We will calculate the present value of $922 for a period of 48 months, thus:
Payment (pmt) = $922
n = 48
r = 1% or 0.01
PV = pmt((1 - (1 ÷ (1+r)^n) / r)
PV = 922((1 - (1 ÷ (1 + 0.01)^48) / 0.01)
PV = 922((1 - (1 ÷ (1.01^48) / 0.01)
PV = 922((1 - (1 ÷ 1.612) / 0.01)
PV = 922((1 - 0.62) / 0.01)
PV = 922(0.38/0.01)
PV = 922(38)
PV = 35,036.
Therefore, the amount that can be borrowed is $35,036.
Commercial photography can mean any kind of photography that’s monetised in anyway, so in theory all Stock Photography is commercial…
Editorial photography covers a wide range of different styles and genre but in simplistic terms, the definition of editorial use is not selling stuff.
<span>A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends a direction for your financial activities is a B. financial plan.
A financial plan is there to help you with your finances, it presents your with your financial report, as well as suggestions as to how and where you should spend or save your money. An insurance prospectus recommends the best insurance, a budget is just money that you have, and investment forecast suggests best investments.
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Answer:
The manufacturing cycle efficiency is 0.219
Explanation:
In order to calculate the manufacturing cycle efficiency we would have to calculate the following formula:
manufacturing cycle efficiency=value added time/throughput time
value added time= 40 min
throughput time=Process time+Inspection time+movie time+Queue time
throughput time=40+5+15+2+120
throughput time=182 min
Therefore, manufacturing cycle efficiency=40/182
manufacturing cycle efficiency=0.219
The manufacturing cycle efficiency is 0.219