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elena55 [62]
2 years ago
7

Freya plans to invest $3,200 a year for 25 years starting at the end of this year. How much will this investment be worth at the

end of the 25 years if she earns an average annual rate of return of 8.2 percent
Business
1 answer:
tekilochka [14]2 years ago
6 0

Answer:

$240,885.11

Explanation:

The formula to be used is = annual payment x annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

R = interest rate = 8.2 percent

N = number of years = 25

[(1.082^25) - 1 ] / 0.082 = 75.276598

75.276598 x $3,200 = $240,885.11

I hope my answer helps you

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Student tuition at ABC University is $250 per semester credit hour. The state supplements school revenue by matching student tui
Alex787 [66]

Answer:

2.46

Explanation:

Given:

Student tuition at ABC University per semester credit hour = $250

Average class size = 30

Labor costs per class = $3,000

materials costs per student per class = $10

overhead costs per class = $15,000

a) Now,

The multifactor productivity ratio = \frac{\textup{Output}}{\textup{Input}}

also,

Input = Labor costs + Total materials costs + Total overhead costs

or

Input = $3,000 + ( $10 × 30 ) + $15,000 = $18,300

And,

Output

= Average class size × credit hour × ( Student tuition + state supplements )

= 30 × 3 × ( $250 + $250)

= $45,000

Therefore,

The multifactor productivity ratio = \frac{\textup{45,000}}{\textup{18,300}}

= 2.46

8 0
3 years ago
Habib withdrew $100,000 from his bank account paying 5% interest to purchase equipment for his construction company. If Habib ea
daser333 [38]

Answer:

$5,000

Explanation:

Given that,

Accounting profit = $10,000

Interest rate = 5%

Amount withdraw = $100,000

The economic profit is calculated by subtracting implicit costs and explicit costs from the total revenue.

Accounting profit is determined by subtracting explicit costs from the total revenue.

Accounting profit = Total revenue - Explicit costs

Economic profit:

= (Total revenue - Explicit costs) - Implicit costs

= $10,000 - (Interest income)

= $10,000 - (5% × $100,000)

= $10,000 - $5,000

= $5,000

6 0
3 years ago
Globe Services plans on closing its doors after one more year. During its last year in business, the firm expects to generate a
shusha [124]

Answer and Explanation:

The computation is shown below:

Current promised return on debt is

= $53,400 ÷ $45,800 - 1

= 16.60%

And, the expected return on debt is

The expected amount would be

= $53,400 × 30% + $44,000 × 70%

= $16,020 + $30,800

= $46,820

 Now the expected return on debt is

= $46,820 ÷ $45,800 - 1

= 2.23%

8 0
2 years ago
In January, Prahbu purchased a new machine for use in an existing production line of his manufacturing business for $85,000. Ass
allochka39001 [22]

Answer: $89,550

Explanation:

When capitalizing the cost of a fixed asset, all the costs that were associated with acquiring it and setting it up for use are to be capitalized. This includes the cost of purchase, transportation and installation.

Periodic costs are to be expensed.

Cost to be capitalized:

= Purchase price + Installation price + Cost of critical test (this is needed to find out if the machine is operate appropriately so should be capitalized)

= 85,000 + 2,950 + 1,600

= $89,550

6 0
2 years ago
WILL GIVE BRAINLIEST! 3 questions.
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MArket research analysts require good mathematical skills to analyze data and statistics.

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Graphic designers can work in a variety of fields, not just advertising and marketing.

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2 years ago
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