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3 years ago

7

how many years will be required for a given sum of money to triple, if it is deposited in a bank account that pays 6% per year c

ompound annualy

1 answer:

IgorLugansk [536]3 years ago

7 0

Answer:

19 years

Explanation:

the 19th year your money will triple and be worth 3.0256 times the original sum.

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A circuit board manufacturer estimates the yearly demand to be 1,000,000. It costs $400 to set up the 3D printer for the circuit

EleoNora [17]

Answer:

The manufacturer have to produce 20,000 circuit boards per run with 50 production runs

Explanation:

Let x = number of circuit boards to be produced

An average of x/2 circuit boards are stored throughout the year at a cost of $2 each;

so annual storage cost = x/2*2 = x

Note: it costs $10 each to produce x circuit boards and $400 to set up

Therefore, The cost per run = 10x + 400

The 1,000,000 circuit boards at x circuit board per run would require 1000000/x runs.

Therefore, production costs = cost per run * production run

production costs = (10x + 400)*(1000000/x) = 10,000,000 + 400,000,000/x

Total cost C = storage cost + production cost

C = x + 10,000,000 + 400,000,000/x

Set c to zero and differentiate c with respect to x

0=1+0-400,000,000/x²

Therefore x = 20,000

Number of circuit boards that should be produced to minimize cost is 20,000

While the production runs needed = 1,000,000/x = 1,000,000/20,000= 50

The manufacturer have to produce 20,000 circuit boards per run with 50 production runs

4 0

3 years ago

Read 2 more answers

Chuck, a single taxpayer, earns $79,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U

Usimov [2.4K]

Answer:

Base 98900 79000

tax excess 85525 40125

Excess 13375 38875

% 24% 22%

tax 1 3210 8552.5

tax 2 additional 14605.5 plus 24% of the excess 85.525

4617.5 plus 22% of the excess 40.125

total tax (tax1+tax2) 17815.5__13170

Change in tax

(17.815 - 13.170) / (98,900 - 79,000) =

4.645,5 / 19.900 = 23.34%

Explanation:

Base 98900 79000

tax excess 85525 40125

Excess 13375 38875

% 24% 22%

tax 1 3210 8552.5

tax 2 additional 14605.5 4617.5

total tax 17815.5 13170

Change in tax

(17.815 - 13.170) / (98,900 - 79,000) =

4.645,5 / 19.900 = 23.34%

8 0

3 years ago

You are making the inventory decisions for an international company that sells bathing suits. The product has a forecasted daily

dem82 [27]

Answer:

Please see attachment and assumptions

Explanation:

<h2>Please note that the assumption is that the full question is as follows .</h2><h2>You are making the inventory decisions for an international company that sells bathing suits. The product has a forecasted daily demand with mean 100 and standard deviation 36. The selling season only lasts 6 months since bathing suits are a seasonal item. You are procuring the product from your factory in China (out-sourcing) and as a result the lead time is so long (6 months) that you can only place only one order per selling season (6 months before the season begins). You want to ensure a service level of 97.5% and the cost of capital of the firm is 20% (that is, the firm faces an annual interest rate of 20%). Shipping cost is $4,500 while procurement cost (purchase cost) per item is $5.</h2><h2>1.How many bathing suits should you order from your factory in China? </h2><h2>2.What is the total holding cost? </h2><h2>3.What is the total ordering cost?</h2>

5 0

3 years ago

Which is the primary reason to issue stock?A.To help investors earn higherrate of return B. To rise money to grow the company C.

tatyana61 [14]

B. To raise money to a grow a company.

Stock is equity in a company that is used to help fund the expenses of a company, particularly when they are looking to grow beyond their current revenue sources. It is most useful when a company anticipates growing its revenues or decreasing its expenses through using this new capital in order to deliver a positive return for its equity investors who hold the stock certificates.

4 0

3 years ago

Most global firms find it is better to have expatriates rather than local staff at the management positions of their foreign ope

pshichka [43]

Answer:A True most global firms find it is better to have expatriates rather than local staff at management positions to their foreign operations because expatriates require less training and development.

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3 years ago