Answer:
<u>A</u>
<u>Explanation</u>:
In this scenario note that it resulted to total dollar cost of the minutes provided been greater than the budgeted cost of estimated minutes.
Key word there is that the cost incurred is now above the budget, <u>therefore it is very likely that the technicians were being less competent than anticipated at their level, leading to greater cost.</u>
The balance in the savings account at the end of the 8th year (i.e., after 8 deposits) is $99,256, and the interest earned on the 8 deposits is $27,256
The future value of annuity is a calculation that measures how a good deal a chain of fixed bills might be really worth at a specific date in the future whilst paired with a particular interest price. The word “value” in this term is the coin's potential that a sequence of future payments can gain.
The equation to find future value of the annuity:
Future Value = E ( ( 1 + r)^p - 1 ) / r
E = Annual deposit = $9,000
r = Interest rate = 9%
P = 8 years
FV = Amount available = 9,000 ( 1.09^8 - 1 ) / .09 = $99,256
Interest = 99,256 - 9000 * 8 = $27,256
Future value is the value of a current asset at a future date based on an assumed fee of growth. The future price is vital to investors and economic planners, as they use it to estimate how an awful lot of funding made today may be worth it in the future.
Learn more about the future value of annuity here brainly.com/question/14702616
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Answer:
bartar system
Explanation:
Barter is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in many ways; one of them is that the reciprocal exchange is immediate and not delayed in time.
Idk what the options are supposed to be but i know for sure that one of the answer is that it gives you $20,000 in student loans
Answer:
The answer is <u>"2.04%".</u>
Explanation:
Purchase price = $490,000
Selling price = $500,000
Percentage return on his investment = ?
Return on investment = Profit / Purchase price
Profit = Selling price − Purchase price
Return on investment = (Selling price − Purchase price) / Purchase price
= ($500,000 - $490,000) / $490,000
= $10,000 / $490,000
= 0.0204
To find percentage, multiply it with 100;
0.0204 x 100 = 2.04%
Thus the percentage return on his $490,000 investment = <u>2.04%</u>