Answer:
It will take 11 years and 124 days.
Explanation:
Giving the following information:
Isaac only has $1,090 today but needs $1,979 to buy a new computer. Interest rate= 5.4 percent compounded annually
To calculate the number of years, we need to use an alternative formula of the future value formula.:
FV= PV*(1+i)^n
Isolating n:
n=[ln(FV/PV)]/ln(1+r)
n= [ln(1,979/1,090)] / ln(1.054)
n= 11.34 years
<u>To be more accurate:</u>
0.34*365= 124
It will take 11 years and 124 days.
Uninsurable risk is one where the insurance company cannot calculate the probability of the risk occurring which can happen due to numerous reasons. An insurable risk is one where the calculations can be made and the premium that gets paid is determined.
Answer:
Sick Leave - C
Explanation:
Evaluating performance helps determine whether to promote, transfer or layoff but it does not determine whether or not an employee can use sick leave. You can lower an evaluation based upon performance and abuse of sick leave. If an employee is frequently absent without an excuse, then their performance and work tasks will suffer. This allows a manager to lower a performance rating.
Answer:
$8.00
Explanation:
The computation of total manufacturing cost for one teddy bear is shown below:-
50% of sewing cost $15,000 = $7,500
35% of processing cost $10,000 = $3,500
Total cost assigned to teddy bear = $7,500 + $3,500
= $11,000
Direct material = $2
Direct labor = $0.50
Overhead per unit = Total cost assigned to teddy bear ÷ Each months teddy bears manufactured
= $11,000 ÷ 2,000
= $5.50
Total cost per unit = Direct Material + Direct Labor + Overhead per unit
= $2 + $0.50 + $5.50
= $8.00
