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3 years ago

Complete the statement about the compound interest expression.

Business

1 answer:

Misha Larkins [42]3 years ago

5 0

Answer:

The answer is "A"

Explanation:

Cumulative interests are counted by one plus the annual interest rate adjusted to the cumulative periods of less than one. The first principal sum is determined by one. The cumulative sum of the initial loan is then deducted from the calculation.

Formula:

$A= \ p (1+ \frac{r}{n})^{nt} \\\\\ Where,\\ \\ A = \ annual \ interest\\P = \ principal\\t= time\\r= rate$

That's why we apply the above formula to calculate the annual interest rate.

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A factory currently manufactures and sells 800 boats per year. Each boat costs $5,000 to produce. $4,000 of the per-boat costs a

spayn [35]

Answer:

Explanation:

Variable costs are incurred only when a boat is manufactured such as material and direct labor. Thus variable costs will remain unchanged since it will costs the exact same amount to manufacture another identical boat. If it costs $4,000 in material and direct labor to manufacture boat A it will cost $4,000 to manufacture boat B. Fixed costs are sunk costs that will be incurred whether they manufacture 800 or 1,000 boats per year. The rent and admin costs will remain unchanged no matter how many boats are manufactured. But the fixed cost per boat will change. The total fixed costs are $80,000 (800 boats x $1,000 per boat fixed cost). If the manufacturing rate is increased to 1,000 boats per year, the per boat fixed cost will decrease to $800. Fixed costs remain at $80,000/1,000 boats = $800.

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3 years ago

All of the following would be considered closing costs except for: a) A title search b) Cost of repainting the kitchen before mo

otez555 [7]

B/ <span>Cost of repainting the kitchen before moving in</span>

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3 years ago

Suppose the lead time is 3 operating days, and that the superstore wishes to maintain instock probability of 90%. The demand in

AveGali [126]

Answer:

the re-order point is 97.17

Explanation:

The computation of the re-order point is given below:

Re-order point is

= (Daily demand × Lead time) + (Z × Standard deviation × Sqrt(Lead time)

= (25 × 3) + (1.28 × 10 × Sqrt(3))

= 97.17

hence, the re-order point is 97.17

The same is to be considered and relevant too

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3 years ago

Tonya's company set up a booth at the college job fair to identify spring graduates who might be candidates for employment. This

Lerok [7]

Tonya's company set up a booth at the college job fair to identify spring graduates who might be candidates for employment. This is an example of recruiting.

Give candidates a chance to interact directly with the employer. Give a company the chance to evaluate the skills of a possible employee.
All businesses must generally decide on three aspects of hiring: personnel policy, sources of hiring, and the traits and conduct of the recruiter.
To assist your company in gaining a competitive edge through enhanced productivity, performance, and efficiency.

Employees' knowledge and abilities should be improved for their existing roles-

Professional education
Mentoring and coaching.
Cross-disciplinary instruction.
Creation of "soft skills"

Personal advancement

Learn more about recruiting brainly.com/question/13622355

#SPJ4

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2 years ago

Bridgeport Inc. wishes to accumulate $1,092,000 by December 31, 2030, to retire bonds outstanding. The company deposits $168,000

Svetlanka [38]

Answer: $9,479

Explanation:

The number of periods = 10 years * 4 quarters = 40 periods

Interest per quarter = 10%/4 = 2.5%

$168,000 has been deposited. The value of this cash after 10 years is;

= 168,000 ( 1 + 2.5%) ^ 40

= $451,090.72

Out of $1,090,000, the amount remaining is;

= $1,090,000 - 451,090.72

= $638,909.28‬

They need to deposit an annuity per quarter to get to $638,909.28‬.

Future Value of Annuity = Annuity * ([1 + I]^N - 1 )/I

638,909.28‬ = Annuity * [(1+0.025)^40 - 1] /0.025

638,909.28 = Annuity * 67.40255

Annuity = 638,909.28/67.40255

= $9,479

5 0

3 years ago