Answer:
The value of n is 16
Explanation:
Note: Organized table is as attached
Present Worth of Cash-inflow = Present worth of Cash Outflow
$1 [(1+i)^n -1 / i(1+i)^N] = $35.95[1 / (1+i)^n]
$1 [ (1+0.10)^n - 1/ 0.10(1+0.10)^n] = $35.95[ 1 / (1+0.10)^n]
$1 [ (1.1)^n - 1 / 0.10(1.1)^n] = $35.95 [1/(1.1)^n]
Let (1.1)n be x
[x-1/x] = [$35.95 * 0.10 / $1] * [1/x]
[x-1/x] = 3.595[1/x]
x - 1 = 3.595
x = 3.595 + 1
x = 4.595
(1.1)^n = 4.595
<u><em>Take log on both side</em></u>
nlog (1.1) = log (4.595)
n(0.041392685) = 0.662285515
n = 0.662285515 / 0.041392685
n = 16.000062
n = 16
Thus, the value of n is 16
Answer:
Resilience
Explanation:
In psychology, the term resilience refers to the process of coping with trauma, tragedy or adversity and adapt to it. But it doesn't only refer to the process of adaptation but actually it involves personal growth. In other words, the person grows thanks to the adversity, the person also sees problems as an opportunity to learn and become a better person.
In this example, Martin sees opportunity where the rest of the world sees problems, he made money and lost it but he's wealthy again. We can see that Marty has coped with adversity (the recession) but he adapted to it and he found a way to go through that and earn a living and become wealthy again, thus, this is an example of high resilience.
Answer:
Answer: The net operating income used in contribution approach the first quarter is 171600
Explanation:
Description Amount Amount
Sales 960000
Variable expenses:
Cost of good sold 670000
Variable selling 80000
(5 per book*16000 books)
Variable administrative 38400
(960000*4%)
Total variables expenses 788400
contribution margin 171600
working note:
unit sales=960000/60 per book=16000 book
I think the answer to your question is Mathematical/Logical.