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Ira Lisetskai [31]
3 years ago
5

What is a demand schedule?

Business
1 answer:
inessss [21]3 years ago
4 0
A demand schedule is a chart that shows the demand for a type of product at various prices.
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B

Explanation:

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Personal Fence<br> What are the four major types of employee benefits?
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Medical insurance

Life Insurance

Retirement Plans

Disability Insurance

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A series of monthly cash flows is deposited into an account that earns 12% nominal interest compounded monthly. Each monthly dep
nirvana33 [79]

Answer:

The amount left in the account after last withdrawal is $61,945

Explanation:

The first monthly deposit occurred on June 1, 2008 and the last monthly deposit will be on January 1, 2015 = 80 deposit

Monthly deposit = 2,100

Interest rate = 12% / 1% per month

Firstly, we calculate the future worth of the monthly deposit

FW = A(F/A, i, n)

A = 2,100, i = 1%, n= 80

FW = $2100*[(1+0.01)^80 - 1 / 0.01]

FW = $2100*[2.216715 - 1 / 0.01]

FW = $2100*(121.671)

FW = $255,509.10

We calculate the effective interest rate

i(effective) = (1 + i nominal monthly interest rate)^n - 1

i `%, n = 3(no of months in quarter)

i (effective) = (1+0.01)^3 - 1

i (effective) = (1.01)^3 - 1

i (effective) = 1.030301 - 1

i (effective) = 0.030301

i (effective) = 3.0301%

The effective quarterly interest rate is 3.0301%

We calculate the future worth of the quarterly drawings

FW = A[(1+i)^n - 1 / i]

A = 5,000(drawing), i = 3.0301%, n = 26(number of drawings)

FW = 5,000*[(1+0.030301)^26 - 1 / 0.030301]

FW = 5,000*[2.17303717 - 1 / 0.030301]

FW = 5,000*(38.71282)

FW = $193,564.10

The future worth of the quarterly withdrawal is $193,564.10

We calculate the amount left in the account after last withdrawal

Amount left in account = FW(monthly deposits) - FW(quarterly drawings)

Amount left in account = $255,509.10 - $193,564.10

Amount left in account = $61,945

Thus, the amount left in the account after last withdrawal is $61,945

6 0
3 years ago
Which could argue that a programmer deserves to have his/her work protected by a copyright purely as a result of his/her inalien
Simora [160]

Answer:

What

Explanation:

8 0
3 years ago
Champaign Corporation purchases 45% of the common stock of Rockville, Inc. at a purchase price of $21.6 million cash. During the
lara [203]

Answer:

The correct option is A,$ 22,687,200

Explanation:

The year end balance of the equity investment of Champaign Corporation at year end is the initial price paid for the investment plus share of net income in the year less Champaign Corporation's share of cash dividends paid in the year as shown below:

Initial cost of investment                           $21,600,000

share of net income($2,960,000*45%)   $ 1,332,000

Less:share of dividends($544,000*45%) ($244,800)

Year end balance of equity investment $ 22,687,200

The correct option is A.

It is important to note that dividends were deducted because it is more ike a cash out from the investment

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3 years ago
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