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Marysya12 [62]
2 years ago
6

Suppose you deposit $1,091.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,728.00 _____ years fr

om today.
Business
1 answer:
Taya2010 [7]2 years ago
4 0

Answer:

It will take 10.058 years from today.

Explanation:

Giving the following information:

Present value= $1,091

Future value= $1,728

Interest rate= 12%

<u>First, we need to calculate the number of years it will take to transform the PV into the FV:</u>

<u></u>

n= ln(FV/PV) / ln(1+i)  

n= ln(1,728/1,091) / ln(1.12)

n= 4.058 years

It will take 10.058 years from today.

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If you were originally a lender, remain a lender even after a decline in interest rates. Will you get better or worse after the
a_sh-v [17]

Answer:

yeah it will be worse than ever

Explanation:

in both cases

8 0
2 years ago
A company's fixed operating costs are $420,000, its variable costs are $3.20 per unit, and the product's sales price is $4.65. W
Hatshy [7]

Answer: The volume of sales that will result in a break-even point is 289,655 units

Explanation: For any organization or company to break-even means its total costs is just the same as its total revenue. This means no profit, and no loss either. Or better still, profit/loss equals zero.

The equation to determine the profit or otherwise of an organization is given as Revenue minus Cost. That is, the sales figure should exceed the cost of production, and the excess would be the profit. If on the other hand the cost of production exceeds the sales figure, then the equation would result in a negative figure which simply means a loss has been recorded.

In the question above, the costs have been given as;

Fixed cost = 420000

Variable cost = 3.2y

Total cost = 420000 + 3.2y

Where y is the number of units produced.

Also the revenue has been given as 4.65y

That is, sales price multiplied by number of units produced/sold

The profit is given as revenue minus cost while the break-even point is given as revenue equals cost, that is;

420000 + 3.2y = 4.65y

Collect like terms and you have;

420000 = 4.65y - 3.2y

420000 = 1.45y

Divide both sides by 1.45

289655.172 = y

y ≈ 289,655

Therefore the sales volume that will result in a break even point is 289,655 units

7 0
3 years ago
According to the Securities Act of 1933, an individual who participates in the original distribution of securities by selling su
mamaluj [8]

Answer:

D. underwriter

Explanation:

Based on the information provided within the question it can be said that the individual being described in the question is called an underwriter. Like mentioned in the question this is an individual who guarantees sale of securities and accept the financial risk of liability arising from the guarantee on behalf of the issuer of the securities in question.

3 0
3 years ago
Identify and describe the three basic forms of reinforcement that most directly influence behavior in organizations.
Andrews [41]

Answer:

Positive Reinforcement: Giving a desired reward when a behavior is performed to increase how often the person repeats the behavior.

reinforcement: The process of increasing the incidence of a directly measurable behavior.

negative reinforcement: The removal of an unpleasant condition or consequence when a behavior is performed to increase how often the behavior is repeated.

7 0
3 years ago
​Gladiator USA, a tire​ manufacturer, guarantees its tires against defects for five years or​ 60,000 miles, whichever comes firs
Harrizon [31]

Answer:

DR Cash............................................$96,450  

DR Notes receivable........................$546,550  

CR Sales revenue...................................................$643,000

<em>(To record sales) </em>  

DR Warranty expense .............................$32,150  

CR Warranty liability.................................................$32,150

<em>(To record Warranty Expense)</em>

 

DR Warranty liability.................................$20,000  

CR Cash......................................................................$20,000

<em>(To record Warranty Claim Payments)</em>  

Explanation:

Cash = 15% * $643,000

= $96,450

Notes Receivable = 643,000 - 96,450

= $546,550  

Warranty Expense = 5% x $643,000

= $32,150

7 0
3 years ago
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