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dsp73
3 years ago
11

What tends to happen to earnings as a person becomes more educated?

Business
1 answer:
Stels [109]3 years ago
8 0
As a person becomes more educated, the person may gain more money while working or applying to jobs and will gain more knowledge of their surroundings.
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What is the present value of $5,000 due in ten years assuming money grows according to compound interest and the annual effectiv
nadya68 [22]

Answer:

$ 3,085

Explanation:

Given that;

The present value(PV) ------ ???

Future  payment (F) ----  $5,000

The annual effective rate are 4%, 5% and 5.5% respectively, which can be illustrated as;

r = 0.04, 0.05 and 0.055 respectively.

The present value  formula is given as:

PV=\frac{F}{(1+r)^n}

PV=\frac{5000}{(1+0.04)^3(1+0.05)^2(1+0.055)^5}

PV = 5000 × (1.04)⁻³(1.05)⁻²(1.055)⁻⁵

= $ 3,084.814759

≅ $ 3,085

8 0
3 years ago
A produce distributor uses 783 packing crates a month, which it purchases at a cost of $11 each. The manager has assigned an ann
jeyben [28]

Answer:

Annual Savings will be ;

Ordering Cost = $2,993.88

Holding Cost = $661.78

Explanation:

First Calculate the Economic Order Quantity (EOQ)

EOQ = √ 2 × Annual Demand × Ordering Cost per Order / Holding Cost per unit

        = √ ((2 × 783× 12 × $31) / ($11 × 32%))

        = 407

Note : Currently the firm orders at 783 crates per month

Savings in Ordering Cost will be :

Savings = Ordering Cost at Current Quantity - Ordering Cost at EOQ

             = (Total Demand / Current Quantity × Ordering Costs) - (Total Demand / Current Quantity × Ordering Costs)

             = (9396/783 × $31) - (9396/407 × $31)

             = $2,993.88

Savings in Holding Cost will be :

Savings = (Current Quantity - Economic Order Quantity) / 2 × Holding Cost per unit

             = (783 - 407) / 2 × ($11 × 32%)

             = $661.78

4 0
3 years ago
On January 1, 2021, PokemonGo Company leased equipment to Waldo Corporation under a lease agreement that qualifies as an operati
ankoles [38]

Answer:

Investment in bonds= 4,300,000

loss on investments (6,100,000-4,300,000= 1,800,000)

The unrealized holding loss ($1,800,000) on transfer to a new category of trading securities is included in income.

Explanation:

how I know is bc I've been playing the moblie game and card game since it became popular also been hearing daily about the moblie game

8 0
3 years ago
During the initiation phase, what does project selection help to do
Strike441 [17]

Answer:

During the initiation phase, what does project selection help to do?

The initiation phase entails the starting point of the project, project selection comes in after the scope, objectives and how it would be delivered has been defined thoroughly. Project selection helps to make decision to know when the project would be ready for delivery, also the format of execution would be known, furthermore, any deviation from the initiation would be detected early and corrected if there is any

Explanation:

5 0
4 years ago
The 'on my way button' should be clicked when you leave your current location (home, gym, etc.) to go to the walk. when should y
ddd [48]
<span>Before starting walking from the current location "start walk" button should be tapped as 'on my way button' was clicked when you leave your current location to go to the walk.</span>
3 0
4 years ago
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