Recommend two aspects you would include when preparing a flyer

The Rodriquez family is determined to purchase a $250,000 home without incurring any debt. The family plans to save $2,500 a qua

dexar [7]

Answer:

70years

Explanation:

The future value formula for compound interest, after n interest period is

$F=P(1+i)^n$

where i is the interest rate per period in decimal form and P is the principal or present value.

The Rodriquez family is determined to purchase a $250,000 home so

F=$ 250,000

The family plans to save $2,500 a quarter for this purpose and expects to earn 6.65 percent.

This implies that:

$i = \frac{0.0665}{4} = 0.0016625$

For t years, the number of compounding periods will be;

$n = 4t$

We fixed the values into the formula and solve for t.

$250000=2500(1+0.0066125)^ {4t}$

$\frac{250000}{2500} =(1.0066125)^ {4t}$

$100=(1.0066125)^ {4t}$

$100=(1.0682)^ {t}$

$t = log_{1.0682}(100)$

$t = 69.8$

It will take approximately 70years

3 0

2 years ago

The foreign exchange market is a market for converting the currency of one country into that of another country.

3241004551 [841]

Answer:

a. True

Explanation:

The foreign exchange market is a market for converting the currency of one country into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.

Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

4 0

2 years ago

Write two sentences that explain what this evidence tells you about Manjiro’s culture.

Montano1993 [528]

Manjiro presents a sword and short knife to his friend. The way that he and his friend talk about them show that they are important in Japanese culture.

mark me brainlist plz

7 0

2 years ago

What are the approaches for learning Economics effectively?

mixer [17]

the linear stages of growth model, theories and patterns of structural change, the international dependency revolution, and the neoclassical theories. The term economic development is a term that economists, politicians, and others have used frequently.

7 0

2 years ago

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The

dlinn [17]

Answer:

Selling price= 240*1.4= $336

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (252,000/30,000) + 2.1

Predetermined manufacturing overhead rate= $10.5 per machine hour

Job T687:

Number of units in the job 10

Total machine-hours 30

Direct materials $ 675

Direct labor cost $1,050

Now, we need to allocate overhead and determine the total cost:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 10.5*30= $315

Total cost= 675 + 1,050 + 315= $2,040

Finally, the unitary cost and selling price:

Unitary cost= 2,040/10= $240

Selling price= 240*1.4= $336

3 0

3 years ago