Answer:
IRR 6% for Jabob
His friend will need 12 years saving cash to obtain their collegue funds.
Explanation:
We will solve for the rate being the annuity of 3 payment of 800
and the present value 2,138.41
C 800
time 3
PV 2,138.41
rate ?
To solve we can use excel, a financial calculator or trial and error
For excel we will do the following:
write the list of cash through the loan life:
-2,138.41
+800
+800
+800
then we write in the empy cell
=IRR(
select the values and press enter
This will give the IRR which is 6%
For the second assignment:
we need to solve for time:
C 3,800
time n
rate 0.06
PV $31,897
We work out the formula:
Now we solve the right side and apply logarithmic properties
-n = -11.77128325
n = 11.77
It will take 12 years to obtain their target amount
Answer:
The answer is B. standardized products
Explanation:
Monopolistic Competition has the following characteristics :
1. There large numbers of buyers and sellers
2. The products offered by sellers are close substitutes for the products offered by another seller.
3. The costs associated with entry and exit are low.
4. Sellers differentiate their products through advertising, branding etc.
Know that the most distinguishable factor in this market is product differentiation or standardized products.
The extent to which the seller is successful in product differentiation determines pricing power in the market.
The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.
The economic profit will fall to zero in the long run because the entry costs are not high.
Answer:
The answer is genetically engineered food or genetically engineered crop.
Explanation:
The scientists inform the farmers during the visit about how the seeds will increase their crop yields. This is most likely an example of____genetically engineered food______.
Because Mosanto modified the seeds DNA to improve than. Most of us have been eating genetically modified food for the past twenty years without knowing. And, in my opinion, that is the reason why we have more cancer, infertility, syndromes, and our kids are achieving puberty earlier. More than 50 different designers crops have passed through federal review process and about a hundred more are undergoing field trials.
The whole issue is that we totally lost control of what we are actually eating.
Answer:
a
Explanation:
Property risk is an example of a pure risk.
Pure risks are risks in which loss is the only possible outcome. It could be full loss or partial loss. Other examples of pure risks are personal and liability risks
Property risk is the risk that a person or company's property would be damaged or lost.
For example, if a building is set on fire or if a car is stolen
Answer:
Estimated manufacturing overhead rate= $32 per labor hour
Explanation:
Giving the following information:
The estimated factory overhead costs $ 2,496,000. Estimated labor hours 78,000.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 2496000/78000= $32 per labor hour
