Answer:
The Today's value of payment occurred for 20 years is $72,039.
Explanation:
Payment of fixed amount for a fixed period of time is called annuity. Present value of annuity will be calculated as follow
PV of annuity = P x [ ( 1- ( 1 + r )^-n ) / r ]
According to given data
P = monthly payment = $6,800 every year
r = interest rate = 7%
n = number of period = 20 years = 20 periods
PV of annuity = $6,800 x [ ( 1- ( 1 + 0.07 )^-20 ) / 0.07 ]
PV of annuity = $72,039.30
Answer:
Amiin Fruits and vegetables
Explanation:
mission statement
we want to satisfy all fruits and vegetables needs in our geographical area by offering low price high quality fresh fruits and vegetables
Answer:
The correct answer is letter "C": continuous.
Explanation:
A continuous media schedule is a marketing technique in which advertisement is published always at the same time and after the same period of time during a day, week, or month. This is done in different means of communication such as television, radio, or social media to take advantage of the content in order to relate it with the product or service offered.
Answer:
A. $130,000.
Explanation:
To get the beginning work in progress
= Cost of Manufactured goods + Ending Work - cost of manufacturing during the time period
Manufacturing costs is gotten by;
Dm + DL +MO
DL = direct labor
Dm = direct manufacturing
MO = manufacturing overhead
= 80000 + 140000 + 240000
= $460000
Then we are to get beginning work
= 520000+70000-460000
= $130,000
<span>As commercial banks keep more excess reserves, money creation will be decreased.
If the federal reserve does not control this excess, it will lower the value of the currency and will create inflation. Decreasing the money creation will limit the amount of money that could exist in the market hence preventing the devaluation of currency's value</span>