1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
anzhelika [568]
2 years ago
14

Find the value of $10,000 at the end of one year if it is invested in an account that has an interest rate of 4.95% and is compo

unded in accordance with the rules below. a. compounded monthly
Business
1 answer:
11111nata11111 [884]2 years ago
8 0

Answer:

$10,506.39

Explanation:

future value = a(1 + r/m)^nm

a = amount = $10,000

r = interest rate = 4.95%

n = number of years = 1

m = number of compounding = 12

$10,000(1 + 0.0495 / 12) ^12 = $10,506.39

You might be interested in
Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda Manufacturing
erica [24]

Answer:

Direct Material Cost

= Cost of hardware + cost of wood

= 42,300 + 121,200

= $‭163,500‬

Direct labor

= Wages of Assembly workers + Finishing workers

= 87,400 + 74,100

= $‭161,500‬

Manufacturing Overhead

= Depreciation + Factory prop. taxes + Factory rent + Glue + Production Supervisor salary + Utilities for factory + Wages for maintenance workers

= 32,000 + 15,500 + 50,000 + 3,030 + 41,200 + 27,800 + 33,200

= $‭202,730‬

Prime Cost

= Direct labor + Direct material

= 161,500 + 163,500

= $‭325,000‬

Conversion Cost

= Direct labor + Manufacturing Overhead

= 161,500 + 202,730

= $‭364,230‬

Total Period Cost

= Advertising + Sales Manager's salary

= 25,600 + 41,500

= $‭67,100‬

8 0
3 years ago
Blossom Company's accounting records show the following for the year ending on December 31, 2017.
LuckyWell [14K]

Answer:  $678,220

Explanation:

Given that,

Purchase Discounts = $ 11,000

Freight-in = $15,300

Purchases = $689,020

Beginning Inventory = $55,000

Ending Inventory = $45,600

Purchase Returns and Allowances = $15,100

Cost of goods purchased:

= Purchases + Freight in - Purchase discounts - Purchase returns and allowances

= $689,020  + $15,300  - $ 11,000  -  $15,100

= $678,220

4 0
3 years ago
A company has net credit sales of​ $1,200,000, beginning net accounts receivable of​ $290,000, and ending net accounts receivabl
7nadin3 [17]

Answer:

Days of receivable will be 75 days

Explanation:

We have given net credit sales = $1200000

Net account receivable at the beginning = $290000

And receivable at the ending = $201000

Average receivable =\frac{290000+201000}{2}=$245500

Now receivables turnover ratio =\frac{credit\ sales}{average\ receivable}=\frac{1200000}{245500}=4.888

Days of receivables = \frac{365}{4.888}=74.67=75days

8 0
3 years ago
Kathleen's company produces computer monitors and other peripheral devices for computers. About six months ago, Kathleen began t
harina [27]

Answer:

A. Productivity at the work site has increased.

Explanation:

According to my research, based on the information provided within the question it can be said that the productivity at the work site has increased. This is because the same amount of workers that were handling the stores output began to handle the new increased work site's output six months later. Therefore they are having better productivity in the same amount of time worked.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Wat theel is 2 puls 1 \
olga55 [171]

Answer:

3

Explanation:

2+1=3 ofjdjdnsjsjjss

3 0
3 years ago
Other questions:
  • When designing a case management solution to increase agent productivity, which service cloud features should you consider first
    14·1 answer
  • The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020.
    5·1 answer
  • Describe in detail the goals you have for this unit. 2. describe how this unit will help you in your professional development .
    12·1 answer
  • Which of the following statements is true? Question 8 options: Always shake hands in an interview as it is the polite thing to d
    13·2 answers
  • In a product modification _______. an existing product s taste, texture, sound, smell, or appearance is usually altered the new
    5·1 answer
  • A traditional GAAP income statement does not help managers to predict the financial results of their decisions. Which of the fol
    6·1 answer
  • You expect to receive year-end bonuses of $8,000 at the end of this year, $16,000 at the end of year 4, $20,000 at the end of ye
    7·1 answer
  • Public employment agencies are perceived by prospective applicants as having few high-skilled jobs; therefore, employers tend to
    11·1 answer
  • ________differentiation is a business strategy whereby firms attempt to gain a competitive advantage by increasing the perceived
    6·1 answer
  • In two or three sentences, describe how you would use some of the budgeting tools to help manage your money.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!