What is the fv of $1000 invested for 40 years at 9%?

Katniss works for the Panem Bureau of Economic Analysis. Panem produces three goods: bread and axes, as well as wheat, which is

Wewaii [24]

1. Assuming Panem does not produce anything else in 2020, GDP = 78500

2. Panem's per capita GDP growth is 7.55%

1. We have the following data to answer this question

9,000 loaves of bread = $6

2250 wheat = $2

400 axes = $50

We have to first calculate for GDP.

GDP stands for gross domestic produce. This is the total sum of goods and services that were made in a particular area at a particular time.

GDP = price * product

Bread = 9000*6 = 54000

wheat = 2250 * 2 = 4500

axes = 400 * 50 = 20000

∑GDP = 54000 + 4500 + 20000

= $78500

Therefore if Panem does not produce anything else in 2020 GDP = $78500

2. We have to find the GDP per capita

$\frac{GDP}{Population}$

$=\frac{78500}{200}$

= 392.5

The GDP increased by 14%

= 78500 * 1.14

= 89490

Population grew to 212

$\frac{89490}{212}$

= 422.12

The percentage increase 

= $(\frac{422.12}{392.5} -1)*100$

= 7.55%

5 0

2 years ago

Montel Company’s July sales budget calls for sales of $550,000. The store expects to begin July with $57,000 of inventory and to

Artyom0805 [142]

Answer:

the budgeted cost of merchandise purchases for July is $313,000

Explanation:

given data

July sales = $550,000

begin July inventory = $57,000

end the month inventory = $40,000

Gross margin = 40% of sales

to find out

budgeted cost of merchandise purchases for July

solution

we will get here cost of sales that is express as

Cost of sales = $550,000 × (1 - 0.40)

Cost of sales = $330,000

and

The budgeted cost of merchandise purchases for July will be

budgeted cost = Closing Stock of Inventory + cost of sales - Opening Stock of inventory ............................1

put here value

budgeted cost = $40,000 + $330,000 - $57,000

budgeted cost = $313,000

so the budgeted cost of merchandise purchases for July is $313,000

7 0

3 years ago

The project team toiled long into the night to develop consequence of failure scores and probability of failure scores as indica

Alexus [3.1K]

Answer:

C

Explanation:

Greater than 0.8 but less than or equal to 0.9

8 0

3 years ago

Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.

lutik1710 [3]

Using multiple cost drivers on a flexible budget report will generally make the budget accurate and effective.

<h3>What is flexible budget performance report?</h3>

A flexible budget performance report serves as one that make comparison between actual revenues and costs for a period.

There are some method used in estimating this report, but multiple cost drivers is an effective method to get an accurate report.

Learn more about flexible budget performance report at:

brainly.com/question/27201970

5 0

2 years ago

A student bought a used car for $10,000 and resold it one year later for $6,500. insurance, license, and operating costs for the

Illusion [34]

Nojeejjejduduhddhdhdjdjf

4 0

3 years ago