Most job leads are discovered through Networking.
Answer:
Final Value= $51,312.68
Explanation:
Giving the following information:
Monthly deposit= $150
Interest rate= 0.06/12= 0.005
Number of months= 9*12= 108
First, we need to calculate the future value of the first investment. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {150*[(1.005^108)-1]} / 0.005
FV= $21,410.99
The second part of the investment:
Number of years= 15
Annual interest rate= 6%
<u>I will assume that the interest rate is annually compounded now. </u>If this is not the case, just change the interest rate (0.005) and "n" (15*12=180)
We need to use the following formula:
FV= PV*(1+i)^n
FV=21,410.99* (1.06^15)
FV= $51,312.68
Answer:
dual price
Explanation:
According to my research on economics, I can say that the improvement in the value of the objective function per unit increase in a right-hand side is referred to as the dual price. This strategy is used by most businesses as a way of taking market shares away from their competitors.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
417 units
Explanation:
The formula to compute the break-even point in units is shown below:
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
So, the break-even point in units is
= ($5,000) ÷ ($20 - $8)
= $5,000 ÷ $12
= 417 units
So, the 417 units is to be sold for break-even
To raise money to grow the company