Answer:
b. we should get an accurate picture of how all consumer goods and services prices changed from year to year.
Explanation:
Wether it is ased on a fixed goods of goods or based on a changing goods of goods that gets old after time, we should check how is it work with this policy
The goal for the index is to adjust the value of assets by the inflation rate to calcualte the loss for having dollar bills.
Answer:
The present value of the annuity is $73,091.50
Explanation:
Use the following formula to calculate the present value of the annuity
Present value of annuity = ( Annuity Payment x Annuity factor for first 6 years ) + [ ( Annuity Payment x Annuity factor for after 6 years ) x Present value factor for 6 years ]
Where
Annuity Payment = $1,000
Annuity factor for first 6 years = 1 - ( 1 + 16%/12 )^-(6x12) / 16%/12 = 46.10028344
Annuity factor for after 6 years = 1 - ( 1 + 13%/12 )^-((17-6)x12) / 13%/12 = 70.0471029820
Present value factor for 6 years = ( 1 + 16%/12)^-(6x12) = 0.385329554163
Placing values in the formula
Present value of annuity = ( $1,000 x 46.10028344 ) + [ ( $1,000 x 70.0471029820 ) x 0.385329554163 ]
Present value of annuity = $46,100.28 + $26,991.22
Present value of annuity = $73,091.50
Answer:
The Total Cost of Inventory is $4,024,000
Explanation:
The computation of the total cost is shown below:
= Purchase cost + ordering cost + carrying cost
where,
Purchase cost = Annual consumption × Cost per unit\
= 80,000 × $50
= $4,000,000
Ordering cost = (Annual demand ÷ EOQ) × Cost to place one order
= (80,000 ÷ 8,000) × $1,200
= $12,000
Carrying cost = (EOQ ÷ 2) × carrying cost percentage × Cost per unit
= (8,000 ÷ 2) × 6% × $50
= $12,000
Now put these values to the above formula
So, the value would equal to
= $4,000,000 + $12,000 + $12,000
= $4,024,000
If they have alot of money then it might be hard for them to save because they have enough or if they dont have alot of money then they just wanna have alot of items i do that sometimes☺
Answer:
I think it is Automated teller machine