Answer:
The correct option is (B) $365,530.
Explanation:
In this problem we need to determine the future value, i.e. the amount at the retirement age.
The formula to commute the future value is:
![\\ FV=A[\frac{(1+r)^{n}-1}{r}]](https://tex.z-dn.net/?f=%5C%5C%20FV%3DA%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D)
Here,
A = annual investment = $5,000
r = interest rate = 8%
n = number of periods = 25
The future value is:
![\\ FV=A[\frac{(1+r)^{n}-1}{r}]\\=5000\times[\frac{(1+0.08)^{25}-1}{0.08}]\\=365529.699\\\approx365530](https://tex.z-dn.net/?f=%5C%5C%20FV%3DA%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D%5C%5C%3D5000%5Ctimes%5B%5Cfrac%7B%281%2B0.08%29%5E%7B25%7D-1%7D%7B0.08%7D%5D%5C%5C%3D365529.699%5C%5C%5Capprox365530)
Thus, the amount of money the engineer will have in the account at retirement is $365,530.
Answer:
a. units completed by a production department in the period.
Explanation:
An equivalent unit of production -
It is the amount of work which is done by the manufactures on the units of the output , which are completed over the specified time period .
It includes the fully completed units as well as the partially completed units .
These equivalent units are useful for the production cost report of the company .
Hence , the correct statement for equivalent unit of production is , ( a ) .
Answer:
By understanding its core values, an organization can take steps to define its mission, a statement of the organization's function in society that identifies its customers, markets, products, and technologies.
Explanation:
The core value of a company can be defined as the enduring principles that govern it's fundamental conduct towards attainment of it's goals. It is usually a passionate pledge on the principles that the organization stands for. The founders of the company or organization are usually the authors of an organization's core values since the founders can be seen as the embodiment of the principles that they believe and live by. They strive to capture the organization's heart and soul in order to motivate it's employees, stakeholders and board of directors to drive the organization in such a way that the organization will be a reflection of it's core values.
Once the core values of an organization are understood, the organization can take steps to define its mission. The mission statement tends to define it's role to the society that identifies its customers, markets, products, and technologies. The mission statement should be brief, understandable and concise.
Answer: d. trades as an ADR
Explanation:
American Depository Receipts (ADR) allow for Americans to trade on foreign stock as if they were trading in American stocks. It works by a bank buying a lot of shares in the Japanese company for instance.
They will then reissue these stock as ADRs in the American stock exchanges and also value the ADR based on their valuation models to find out the ratio of ADR to share quantity. If the Japanese company is trading as an ADR. you will be able to invest in them from the United States.
Answer:
The expected price level falls., new wage contracts will be negotiated at a lower wage in the market.
Explanation:
In the case when the economy is in the long run equilibrium and the federal government decreased the goods purchase by 50%. So in the long run the expected price level would be decline and the effect on wage bargaining would be that the new wage control would be negotiated at a less wages in the market place
Therefore, the correct option is c
And, the same would be relevant
