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Zielflug [23.3K]
3 years ago
9

Marceille plans to save $50 every three months over the next 5 years. How much will be in her account when she makes the last de

posit, if her account earns a nominal interest rate of 6 percent, compounded quarterly?
Business
1 answer:
marta [7]3 years ago
5 0

Answer:

amount = $1156.18

Explanation:

given data

save = $50

time = 5 year

interest rate = 6 percent

solution

here number of payment per annual will be 4

so interest rate per period will be

interest rate = \frac{0.06}{4}    .

interest rate = 1.50 %

and no of period will be = 5 × 4 = 20

and payment per period is $50

we apply here amount formula formula after 5 year

amount = payment per period × \frac{(1+r)^t-1}{r}   ....................1

amount = $50 ×  \frac{(1+0.015)^{20}-1}{0.015}  

amount = $1156.18

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2. Pure Water is considering buying new production equipment. The new equipment will increase fixed costs by $200,000 per year a
BARSIC [14]

Answer and Explanation:

The computation is shown below:

But before that we need to do the following calculations which are shown below:

The Contribution per unit of faucet is

= $75 - $15

= $60

And, the Contribution per unit of pitcher filter is

= $100 - $30

= $70

Now Contribution per unit in present sales mix is

= [($60 × 2) + ($70 × 3)] ÷ 5

= ($120 + $210) ÷ 5

= $66 per unit

And

The Fixed cost is

= $1,000,000 + $200,000

= $1,200,000

Now  

Break even units is

= $1,200,000 ÷ $66 per unit

= 18,181.81 units

For faucet, it is

= (18,181.81 × 2) ÷ 5

=  7,272.72 units

For pitcher filter, it is

= (18,181.81 × 3) ÷ 5

= 10,909.086 units

4 0
3 years ago
Should Trade Restrictions be Used to Influence Human Rights Issues?
mr_godi [17]

Trade restrictions should not be used to influence human rights issues, as such rights are inherent to human beings and must be protected by the State, regardless of a nation's political and commercial system.

<h3 /><h3>How does trade affect human rights?</h3>

Through the commercial interaction between countries facilitated by globalization, there is an increase in the search for profitability and consumption, which causes increased exploration at work to reduce expenses, and social inequality, increasing poverty and reducing the quality of life.

Therefore, it is essential that the protection of human rights be a priority action of a government, through regulations, public policies, worker support and training, reducing the negative impact of trade on citizens' rights.

Find out more about Human Rights here:

brainly.com/question/1261546

#SPJ1

7 0
1 year ago
Swinging Sammy Skor's batting prowess was simulated to get an estimate of the probability that Sammy will get a hit. Let 1 = HIT
8_murik_8 [283]
I believe it B please correct me if im wrong
7 0
3 years ago
Task 3: Budget for 25- to 30-year-old Business Professionals
Eddi Din [679]

Answer:

Sample Budget

Salary Income $2515

Rent expense -$900

Food and groceries -$250

Entertainment expense -$85

Shopping -$45

Birthday Party gift -$12

Transportation expense -$150

Home maintenance cost -$320

Tuition cost -$121

Net savings = $632

Explanation:

The mid aged person who is age of 25 to 30 will have different expenses. He will have to budget his monthly income and routine expenses to identify the savings. The sample budget will include different types of household expenses that a person incurs to live. He might have to budget one off expenses such as party cost, gifts etc. He will have to keep track of groceries and food expenses.

3 0
4 years ago
ConveyerPape is worried about sharing proprietary information about their manufacturing process with individuals in other countr
Aleks [24]

Answer:

Conveyer Pape should use Foreign Direct Investment instead.

Explanation:

This is a growth strategy where an organization establishes in new country by building its own facilities or acquiring an existing one instead of giving a right to others to operate under its brand name in return for fee(Licensing).

This approach is quite expensive as huge capital outlay is required,but when successful its return on investment is worthwhile compared just receiving token as licensing fee or royalty .

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