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aalyn [17]
3 years ago
7

Suppose you want to have $400,000 for g retirement in 25 years. Your account earns 8% interest. How much would you need to depos

it in the account each month?
Business
1 answer:
MA_775_DIABLO [31]3 years ago
3 0

Answer:

$418

Explanation:

FV = $400,000. This is the amount you want to have in your retirement account 25 years from now

i/r = 8%/year = 0.67%/month. The interest that the account pays

n = 25 years = 25 x 12 = 300 months

PV = 0

PMT (The amount of monthly deposit required to achieve the target above. This is the missing value we need to calculate)

By using financial calculator, we obtain:

PMT = $418

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Indicate whether each of the following cost of an automobile manufacturer would be classified as direct materials, direct labor,
CaHeK987 [17]

Answer:

a) DM Windshield

(b) DM Engine

(c) DL Wages of assembly line worker

(d) MO Depreciation of factory machinery

(e) MO Factory Machinery lubricants

(f) DM Tires

(g) DL Steering wheel

(h) MO Salary of painting supervisor

Explanation:

Direct materials (DM) are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.

Direct labor (DL) is production or services labor that is assigned to a specific product, cost center, or work order.

Manufacturing overhead (MO) is all indirect costs incurred during the production process.

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(b) DM Engine

(c) DL Wages of assembly line worker

(d) MO Depreciation of factory machinery

(e) MO Factory Machinery lubricants

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7 0
3 years ago
Is the capacity to have inventory present when and where it is desired by a customer?
tigry1 [53]

Product Availability is the capacity to have inventory present when and where it is desired by a customer.

<h3>What is product availability?</h3>

Product availability is the ability of a store to meet customer demand for a specific item. Retailers may provide thorough information on product availability to help customers with planning and decision-making.

Consistent product availability is essential to the success of your retail business because it provides the framework for your merchandising and draws in your target audience by providing them with the necessities to meet their needs.

Thus, it is product availability.

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4 0
1 year ago
Which of the following are examples of debt overhang? Which examples are likely to lead to a cutback in spending?
kvv77 [185]
The correct answer for the question that is being presented above is this one: "<span>c. Your friend's parents take out a loan to buy her ea condo to live in while she is at college. Meanwhile, the housing market plummets. By the time your friends leaves college, the condo os worth significantly less than the value of the loan."</span>
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3 years ago
What are the portfolio weights for a portfolio that has 138 shares of Stock A that sell for $48 per share and 118 shares of Stoc
Vika [28.1K]

Explanation:

The portfolio weight of an asset is the total investment in that asset divided by the total portfolio value. First, we will find the portfolio value, which is:

Total value = 122($32) + 102($22) = $6,148

The portfolio weight for each stock is:

WeightA = 122($32) / $6,148 = .6350

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Frequent readers are able to understand the thoughts of the writer. They are able to transport themselves and visualize what the author is saying through his words. Being able to understand thoughts is a great asset while writing. It helps you become the author you want to be.
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Good readers have seen so much diverse content that they know how to make writing interesting. They understand the level of creativity required as a writer to be able to transport your audience to the scene you are describing. Such creative and powerful writing can only be made possible with the aid of great vocabulary.
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