Answer:
c=1146
Explanation:
Given 5y=3478 - 3c
Then if y= 8 then substitute y in the equation as
5*8=3478-3c
40=3478-3c ------collect like terms as;
3c=3478-40
3c=3438
c=3438/3 =1146
The Amount of investment equals $974.83.
The continuous compound interest helps to calculate an investment that are reinvested into the balance over a infinite number of periods.
- The formula for continuous compound interest is A=P^e^(r*t)
Amount of investment = $535 * e^(6%*10)
Amount of investment = $535 * 1.82211880039
Amount of investment = $974.833558209
Amount of investment = $974.83
Therefore, the Option B is correct since the Amount of investment equals $974.83.
Read more about compound interest
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Answer:
The following data represents a random sample of 35 online purchases (in $) on
Cyber Monday:
152
158
158
162
163
164
165
166
171
171
176
180
180
184
185
188
189
190
191
197
200
213
213
214
222
222
224
227
To begin with you must be 16 or 17 years old. You have to be able to support yourself , live on your own and manage your own affairs.
The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method.
<h3>
How is the cost of discontinuing inventory calculated?</h3>
- The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method. The idea behind this approach is to give all inventory units an average cost.
- In this scenario, the average of the purchase costs from April 5 to April 22 would be taken and multiplied by the number of remaining units to get the cost of the ending inventory on the balance sheet.
- The five pieces cost a total of $69 ($10 + $12 + $14 + $16 + $17) between April 5 and April 22. The remaining four units would make up the ending inventory as one unit was sold on April 25.
- Therefore, $17.25 ($69 divided by 4) would be the price of the closing inventory. As the cost of the ending inventory, this sum would be shown on the balance sheet.
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