Answer:
$951.02
Explanation:
We use the present value formula that is shown on the attachment. Kindly find it below:
Data given in the question
Future value = $1,000
Rate of interest = 5.3% ÷ 2 = 2.65%
NPER = 15 years - 1 year × 2 years = 28 years
PMT = $1,000 ×4.8% ÷ 2 = $24
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $951.02
Hello. You did not present a diagram to which the question refers. However, I will try to help you in the best possible way.
The income effect is the term related to the increase or decrease in the consumer's purchasing power in relation to the fluctuation in the price of consumer products and the value of the national currency. On the other hand, the substitution effect refers to the impact between the variation of the consumers' income value and the product's prices.
Anthony needs to ensure he is not in conflict of interest and if the xyz company that he is auditing offers him a CFO position, then that definitely would put him in conflict of interest so he would have to quit the audit team if he wished to accept the position, to preserve his integrity.
Answer:
a) t = 0.86 sec
b) v = 7.128 m/s
Explanation:
Given data:
Constant acceleration = 5.8 m/s^2
Initial velocity = 2.1 m/s
Displacement = 4.0 m
kinematic equation is given as
v = 2.1 m/s
a = 5.8 m/s^2
plugging all value in the above relation
solve for t
t = 0.86 sec
b) kinematic equation relating to velocity is given as
solving for velocity
v = 7.128 m/s
Answer:
Net income= $24,550
Explanation:
The contribution margin ratio is <u>the result of deducting from sales all the variable costs, </u>expressed as a<u> percentage.</u>
<u></u>
<u>First, we need to calculate the total contribution margin:</u>
Total contribution margin= sales*contribution margin ratio
Total contribution margin= 103,000*0.85
Total contribution margin= $87,550
<u>Now, the net income:</u>
Net income= 87,550 - 63,000
Net income= $24,550