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Akimi4 [234]
3 years ago
7

Dave brags to his dad that his $45,000 starting salary as a computer programmer is much higher than his dad's $28,000 starting s

alary some years ago. If the consumer price index the year Dave begins work is 180.5 and the year his dad started work it was 110.8, Dave is:
A. correct; adjusting the price changes, his salary is more than his dad's salary.
B. correct; adjusting for quantity changes, his salary is more than his dad's salary.
C. incorrect; adjusting the price changes, his salary is less than his dad's salary.
D. incorrect; adjusting for quantity changes, his salary is less than his dad's salary.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
8 0
D because his dad's quantity less than Dave's quantity meaning cause his dad started earlier Dave's dad has a higher salary
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9 . Implied interest rate and period Consider the case of the following annuities, and the need to compute either their expected
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Answer:

IRR 6% for Jabob

His friend will need 12 years saving cash to obtain their collegue funds.

Explanation:

We will solve for the rate being the annuity of 3 payment of 800

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C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

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time 3

PV 2,138.41

rate ?

800 \times \frac{1-(1+x)^{-3} }{x} = 2,138.41\\  

To solve we can use excel, a financial calculator or trial and error

For excel we will do the following:

write the list of cash through the loan life:

-2,138.41

+800

+800

+800

then we write in the empy cell

=IRR(

select the values and press enter

This will give the IRR which is 6%

For the second assignment:

we need to solve for time:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C    3,800

time            n  

rate            0.06

PV $31,897

3800 \times \frac{1-(1+0.06)^{-n} }{0.06} = 31,897\\  

 We work out the formula:

(1+0.06)^{-n} = \frac{31,897\times 0.06}{3,800}

Now we solve the right side and apply logarithmic properties

-n = \frac{log0.503636842
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3 0
3 years ago
A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000 Sales revenue $ 1,560,00
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Answer:

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