Answer:
The answer is E) $1050000
Explanation:
We have opening stock of 4000 units. We know that we require to have 6000 units stock on hand at the end of the month. Budgeted sales are 12000 units.
If we come up with a formula Purchases + opening inventory - sales = 6000 units we can determine the amount we need to purchase to satisfy the requirement of having 6000 units on hand.
Purchases = 6000 + 12000 - 4000
=14000
14000 x 75 = $1050000
Therefore the answer is E. $1050 000
Money in the account after four years= 23850.372
Given, P = 20,000
R = 4.5%
T = 1
n = 4
To calculate Compound interest, we will use formula A = P(1 + r/n)^nt
where p = principal amount,
r = rates of interest
n = number of times interest applied per time period
t = number of time periods elapsed
After putting values,
A = 20000(1 + 4.5/4 )^(4*1)
= 23850.372
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If Congress passed a tax increase at the request of the president to reduce the budget deficit, but the Fed held the money supply constant, then the two policies together would generally lead to lower income and a lower interest rate.
<h3>What is
budget deficit?</h3>
When ongoing expenses are higher than regular operating revenue, a budget deficit results. Budget deficits may result from specific unforeseen circumstances and initiatives. Tax increases and spending reductions are two ways that nations might deal with budget problems.
Inflation, or the ongoing rise in prices, is one of the main threats posed by a budget deficit. A budget deficit in the US may lead to the Federal Reserve releasing more money into the economy, which fuels inflation. Year after year, ongoing budget deficits may result in inflationary monetary policy.
The relationship between deficits and interest rates is more clearly demonstrated when the deficits are used to fund government spending than by tax reductions. If tax cut recipients save part of the money they receive from the tax cut, the impact of the tax cut on interest rates should be minimized.
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Answer:
Quarterly deposit= $1,912.17
Explanation:
Giving the following information:
The van he is looking to buy in costs $33,000.
Interest rae= 4% per year compounded quarterly
Number of years= 4 years
First, we need to calculate the real interest rate:
Interest rate= 0.04/4= 0.01 per quarter
Now, to calculate the quarterly deposit, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (33,000*0.01) / [(1.01^16)-1]
A= $1,912.17