Answer:
Today, the investment is worth $31,997.29
Explanation:
Giving the following information:
An investment offers $5,900 per year for 15 years, with the first payment occurring one year from now. The required return is 6 percent
First, we need to calculate the final value, using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual pay= 5,900
n= 15
i= 0.06
FV= {5,900*[(1.06^15)-1]} / 0.06= $137,328.22
Now, we can determine the present value:
PV= FV/ (1+i)^n
PV= 137,328.22/ 1.06^25= $31,997.29
To be more professional in a business sense. If I am the president of a bank I want to be classical and professional. I change with my title.
Finding the right place to be a waitress at could be really good :) But if you're not too inclined to rely mostly on tips here's a list of good places that have some benefits (free food, flexible schedule, etc.)
- McDonalds
- Lifeguard
- Babysitter
- Chipotle
- Gas stations (I know someone who works there who says they offer a very flexible schedule)
- Gap
- Subway
- Sonic
- Little Cesar's
- Rue 21 (or other stores similar to that)
- Starbucks (they offer amazing benefits!)
- Target
- Apple support (I believe they send you a computer and all to be able to work and you also get discounts)
You can find plenty more online. Keep in mind that at 17, you can practically work anywhere! Good luck & hopefully this helped!! :))
<h2>Luke cannot sell the product because patent is already been issued to the similar product.</h2>
Explanation:
According to the given scenario, Luke though he is an inventor and he has created a product which is similar to already patented, Luke is not allowed to sale based on the patent rule.
Since there is a patent right obtained by someone for similar product, then what Luke is trying to do is against the Patent law.
Luke cannot prove that he already had an idea. Any law always needs a proof than a statement.
Luke may be punishable under the patent law if he tries to sell his invention.
Answer: 21000
Explanation:
Direct materials inventory desired = 6,000
Purchase of direct materials budgeted = 5000
Pounds needed for production = 5000 × 4 = 20000
The number of pounds in Salter's beginning direct materials inventory on January 1 will be:
= Direct materials inventory desired + Pounds needed for production -
Purchase of direct materials budgeted
= 6000 + 20000 - 5000
= 21000 pounds
