I guess the correct answer is $83,386.89.
If you inherited $870,000 and invested it at 8.25% per year, the value you could withdraw at the beginning of each of the next 20 years is $83,386.89.
Answer:
See below
Explanation:
With regards to the above, the contribution margin is computed as;
Contribution margin per unit = Selling price per unit - Variable cost per unit
Selling price per unit = $20
Variable cost per unit = $15
Then,
Contribution margin per unit = $20 - $15
Contribution margin per unit = $5
A leverageable advantage <span />
Answer:
A. It is the rate for each day that is worked.