P=present value
F=future value=500
n=number of years=2
i=annual interest rate=3%
We have
F=P(1+i)^n
=>
P=F/(1+i)^n
=500/(1.03^2)
= 471.30 to the nearest cent
Answer:
The average processing time per income tax form is more than 3 but less than or equal to 4 days.
Explanation:
The average processing time per income tax form is an average number of days it takes to process an income tax form.
WIP = R x T
Where: WIP = Work in progress; R = Rate; and T = Time
WIP = R X T or 64
WIP = 20T = 64
T = 64 / 20 = 3.2 days
Therefore, the average processing time per income tax form is more than 3 but less than or equal to 4 days.
The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.
Explanation:
The given is,
Total units produced in a month
= 940 unit per month
Time for each unit
= 3.5 unit per hour
Labor rate = $15 per hour
Step:1
Total Labor working hours for 940 units,
= Total units × Time for each unit
= 940 × 3.5
= 3290 hours
Step:2
Labor cost total working hours
= Total Labor working hours × Labor cost per hour
= 3290 × 15
= $ 49350
Result:
The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.
Answer: COMAR
Explanation: It refers to the code of Maryland regulations as set by he police department of Maryland. It states that the police officers must work in a jail before going on patrolling duties.
These standards requires the officers to have some experience as patrolling could be dangerous for someone without any exposure to the criminal dangers.
Question: Name at least two risk banks face?
Answer: <u>There are many types of risks that banks face. Two of out of these eight risks, credit risk and market risk</u>
<em>Hope this helps!.</em>
<em>~~~~~~~~~~~~~~~~~</em>
<em>~A.W~ZoomZoom44</em>
