If you invest $500 at 10 percent interest per annum. at the end of 2 years with simple interest you will have <u>$600</u> and with compound interest you will have <u>$605.</u>
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Simple interest and compound interest</h3>
We would be making use of financial calculator to find the compound interest by inputting the below data:
Present value=PV = -500 (ouflow)
Number of years=N = 2
Interest=I/Y = 10
Face value=?
Hence:
CPT FV = 605
Compound Interest = $605
Simple interest:
Simple Interest = $500+[2 x ($500x0.10)]
Simple interest=$500+(2×$50)
Simple Interest =$500+100
Simple interest =$600
Therefore If you invest $500 at 10 percent interest per annum. at the end of 2 years with simple interest you will have <u>$600</u> and with compound interest you will have <u>$605.</u>
Learn more about Simple interest and compound interest here:brainly.com/question/20406888
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Answer:
Fixed Cost = $10,000
Variable Costs = $90,000
Explanation:
Variable Cost per unit = $72,000 ÷ 12,000
= $6
Variable Costs at 15,000 units = $6 x 15,000
= $90,000
Fixed Cost (given) = $10,000
Answer:
Option D is the correct option. Please choose option D that is $150,000.
Explanation:
Amount of paid-in capital from treasury stock transactions = Shares exchanged * (Market Price - Share purchase Cost)
Where Shares exchanged = 25000
Market price = $45
Cost of share = $39
Therefore, the amount of paid-in capital from treasury stock transactions = 25000 shares * (45 - 39) = $150,000
Option D $150,000 is correct