Answer:
difference = $12093.38
Explanation:
given data
adds 1st day in saving account = $1,500
adds last day in saving account = $1,500
annual interest = 6.5 %
time = 35 year
to find out
difference in their savings account balances
solution
we get there first Theresa future value that is
future value 1 = present value × ....1
future value 1 = $1500 ×
future value 1 = $186052.04
and
future value 2 = present value × × (1+rate) .........2
future value 2 = $1500 × × (1+0.065)
future value 2 = $198145.42
so that here difference is
Difference = $198145.42 - $186052.04
difference = $12093.38
Answer:
The coupon rate is 10.3%
Explanation:
The interest to set on the bond in order to sell them at par can be computed using rate formula in excel:
=rate(nper,pmt,pv,fv)
nper is the number of times the bond would pay interest over its time to maturity which is 19*2=38
pmt is the interest payment semi-annually at $1000*10.3%/2=$51.5
pv is the price of the bond which is the par value of $1000
fv is the value at redemption which is also $1000
=rate(38,51.5,-1000,1000)
rate=5.15%
this is the semi-annual rate ,the yearly yield to maturity is 5.15%*2=10.30%
When a bond sells at par the yield to maturity is the same as the coupon rate
Answer:
C) Assembles, installs, and repairs large containers that hold gases and liquids.
Answer:
Some of the information provided by the budget is...
fixed costs - items such as rent, salaries and financing costs
variable costs - including raw materials and overtime
one-off capital costs - purchases of computer equipment or premises, for example
Some interview questions include:
What would you say is your leadership style?
You have an underperforming team member–how do you handle that?
Your team's morale has been low–how would you go about fixing that?
Tell me about a past project that did not go as planned.
2. One key disadvantage of a static budget is that it is not flexible and so it cannot be changed to take advantage of changes in revenue or expenses as the year proceeds. With a static budget, companies cannot manage the impact of changes, for example, by decreasing a portion of the budget in response to slow sales.
Explanation:
Hopefully this helps!
Given:
Fixed cost = 100
Variable cost = 10 sweaters; 15
Variable cost = 11 sweaters; 17
Total cost of 10 sweaters = $100 + 15 = $115
Total cost of 11 sweaters = $100 + 17 = $117
Change in number of sweaters = 11 - 10 = 1
Change in total cost = $117 - 115 = $2
The marginal cost of the 11th sweater is $2.