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ELEN [110]
3 years ago
5

Required: 1-a. Calculate the future value at the end of three years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropr

iate factor(s) from the tables provided. Round your answers to 2 decimal places.)
Business
1 answer:
kobusy [5.1K]3 years ago
6 0

Answer: $2,398.55

Explanation:

The deposit at the end of year one would have been compounded by 2 years at the end of year 3. The second year deposit would have compounded by 1 year and the third year deposit would not have compounded at all.

The future value at the end of 3 years is;

= (500 * ( 1 + 11%)²) + (750 * ( 1 + 11%)) + 950

= $2,398.55

<em>The question might not be the exact same but you can use this as a reference. </em>

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In order to find the average, divide the total cost which is $135,000 by the number of fans 9,000.. your answer would be $15.00 per person.
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Ratio of 10% and assuming that banks keep no excess reserves, imagine that $300 is deposited into a checking account. by how muc
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3 years ago
Tulip Corporation purchased equipment for $ 54 comma 000on January​ 1, 2017. On December​ 31, 2019, the equipment was sold for $
Digiron [165]

Answer:

Gain/loss= $1,000 loss

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Giving the following information:

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6 0
3 years ago
Adverse selection occurs in the market for used cars because used car buyers ______
umka2103 [35]
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4 0
3 years ago
Four hundred and eighty minutes of production time are available per day. The schedule calls for the production of 80 units per
BabaBlast [244]

Answer:

<em>The theoretical minimum number of workstations are five workstations</em>

Explanation:

Given the total time available per day = 480 minutes

the cycle time which is the time required or spent to produce a unit can be obtained as;

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Cycle time = 480 / 80 = 6 minutes

hence 6 minutes is the cycle time  for one unit.

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= 30/6 = 5 workstations

<em>Therefore the theoretical minimum number of workstations are five workstations</em>

4 0
3 years ago
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