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Ulleksa [173]
3 years ago
14

Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $5

0,000 five years from now. How much must Carol deposit to accomplish her goal
Business
1 answer:
mash [69]3 years ago
8 0

Answer:

PV= $37,204.70

Explanation:

Giving the following information:

Interest rate= 6% compounded semiannually= 0.03

Future value= $50,000

Number of periods= 5*2= 10

To calculate the initial investment to reach the objective, we need to use the following formula:

PV= FV/(1+i)^n

PV= 50,000/(1.03^10)

PV= $37,204.70

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During the past year, a firm produces 250 tablet devices at an average variable cost of $40 and at an average fixed cost of $10.
Bumek [7]

The total costs = Total variable costs + Total fixed costs

Given,

Average variable costs = $ 40

Average fixed cost = $ 10

Tablets produced during the year = 250

Total variable cost = Average variable costs × Tablets produced during the year

Total variable cost = 250 tablets × $ 40 = 10,000

Total fixed cost = Average fixed costs × Tablets produced during the year

Total fixed cost = 250 tablets × $ 10 = $ 2,500

Total costs = Total variable cost + Total fixed cost

Total costs = $ 10,000 + $ 2,500 = $ 12,500

6 0
3 years ago
EZ Electronics Inc., Neo Digital Inc., and Techno Products Corp. are all companies that manufacture and sell consumer electronic
VikaD [51]

Answer is Industry

Explanation:

An industry is a group of companies whose primary business activities like production, marketing, procurement and product design are related. In order words, an industry is a group of companies that sells related goods and services to satisfy similar customer needs in a particular economy.

Since EZ Electronics Inc., Neo Digital Inc., and Techno Products Corp., are all grouped as manufacturers and sellers of consumer electronics, it describes their similarities, of which their relative attractiveness or consumer preference can be compared with each other. Therefore, they are a part of an industry.

8 0
3 years ago
What is new and innovating about this design/chopping board?
gulaghasi [49]
This chopping board is new and innovative in design and practicality. the classic light wood chopping board look has been reimagined by adding the dark accent stripes breaking up the look. the practicality comes with the handle which has been conveniently placed so the chopping board is easy to move and store. (i hope this helps)
7 0
3 years ago
Except media what else can provide job information<br>​
kifflom [539]

Answer:

see below

Explanation:

Other sources of job information are

<u>1. Trade or professional associations </u>

They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.

2<u>. Family and friends working in different organizations</u>

Close friends and relatives are an important source of information for vacancies existing in different workplaces.

<u>3. Educational institutions</u>

In some cases, employers share information on their available job opportunities with schools and colleges.

<u>4. Career or employment agencies</u>

Employment agencies have updated information on various labor requirements for different employers

6 0
2 years ago
What is the benefits of international bussiness to firms ?​
muminat

Answer:

Benefits to Firms

It helps in improving profits of the organizations by selling products in the nations where costs are high. It helps the organization in utilizing their surplus resources and increasing profitability of their activities. Also, it helps firms in enhancing their development prospects.

Explanation:

i just looked it up so hope it helps ;)

4 0
2 years ago
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