Answer:
There will be $92,635.42 in the account after 15 years.
Explanation:
Missing question <em>"The interest rate is fixed at 2.05%"</em>
As the employer does a 50% match on the employee’s investment, the monthly contribution to the retirement plan will be = 2 * $220 = $ 440.
The future value (F) of an annuity is given by F = (P/r)[(1+r)n-1]
P is the periodic payment
r is the rate per period
n is the number of periods.
P = 440, r = 2.05/1200 and n = 15*12 = 180.
F = (440*1200/2.05)[ (1+2.05/1200)180 -1]
F = (528000/2.05)*0.359664042
F = 92635.4215493
F = $92635.42
Thus, there will be $92,635.42 in the account after 15 years.
Capitalism is indeed an economic system in which privately owned businesses and individuals attempt to make a profit in the free market. The aspects of private ownership of businesses and working for profit are essential factors of capitalism as a theory and also as it is practiced.
Answer:
Estimated manufacturing overhead rate= $30.5 per direct labor hour
Explanation:
Giving the following information:
Direct labor-hours= 79,000 labor-hours.
The estimated variable manufacturing overhead was $11.90 per labor-hour and the estimated total fixed manufacturing overhead was $1,469,400.
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (1,469,400/79,000) + 11.9= $30.5 per direct labor hour
Explanation:
Southern and Eastern Europe became the major spring regions. Some of the big driving forces is the World War I, primarily in Europe, which enabled immigrants to join the United States. The economic conditions were another significant consideration as the prospects for jobs in the war declined.
As reported, when migrants went to the USA, there were many possibilities for jobs. The American automotive industry celebrated of the first World War. War-time goods have been pursued, and America has become one of Britain's major food producers, and has provided refugees a wide range of jobs.
Answer:
The correct solution is "40,000 sq/ft".
Explanation:
The given value is:
Feet of walls
= 800 ft
Sides,
= 4
Now,
The square store will be:
= 
= 
The max footage of square will be:
= 
= 