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Law Incorporation [45]
3 years ago
11

Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the stated interest rate after t

he stated amount of time. 1% per year, compounded annually, after 11 years
Business
1 answer:
babymother [125]3 years ago
6 0

Answer:

$11,046

Explanation:

Present value = $10,000

Interest rate = 1%

Years = 11 years annually

Future value = A(1 + i/)^n

Future value = $10,000*(1 + 0.01)^10

Future value = $10,000*(1.01)^10

Future value = $10,000*1.10462212541

Future value = $11046.2212541

Future value = $11,046

So,  the future value FV of the investment after 11 years is $11,046

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Education and training of workers would best be categorized as:
spin [16.1K]

Education and training of workers would best be categorized as: human capita development.

<h3>What is human capita development?</h3>

This can be defined to be the investment in people. This type of investment is to offer them training that would ensure that they are able to get jobs that would make them self reliant.

Human capita development is very important in the growth and development of a nation.

Read more on human capita development here:

https://brainly.in/question/36071285

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5 0
2 years ago
Socks unlimited produces sport socks. the company has fixed expenses of $ 85 comma 000 and variable expenses of $ 1.20 per packa
aivan3 [116]

Answer:

Contribution margin per unit = Sales price per unit – Variable cost per unit

$2 - $1.20=$0.80

The contribution margin per package is $ 0.80.

Breakeven sales in units = Fixed expenses + Operating income ) / Contribution margin per unit $85,000 + $22,000/0.80 = 133,750 packages

Contribution margin per package = $2 - $1.00 = $1.00

Breakeven sales in units = Fixed expenses + Operating income ) / Contribution margin per unit

$100,000 + $22,000/$1= 122,000 packages

The firm will have to sell 122,000 packages to generate $22,000 of operating income. Socks unlimited would have to sell 11,750 less packages of socks to earn $22,000 of operating income. The increase in fixed costs was completely offset by the decrease in variable costs at the prior target profit volume of sales. Therefore, the firm will need to sell less units in order to achieve its target profit level.

6 0
3 years ago
If you want to use Format Painter to apply formatting to many different selections, what can you do to make this happen more eff
zimovet [89]

If you want to use Format Painter to apply formatting to many different selections, you should follow the following steps:

1.    Select the items or text with the formatting which you want to use again.

2.    Go to the standard toolbar and then to the Format Painter button. Then Double click on the Format Painter button.

3.    Now click to select each text, or area to which you want to apply the formatting.



6 0
3 years ago
Read 2 more answers
Malaysia and Laos are members of the same trading bloc that promotes trade and economic integration among member nations in the
Mademuasel [1]

Answer:

The Association of Southeast Asian Nations (ASEAN)

Explanation:

The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization comprising of Singapore, Brunei, Malaysia, Thailand, Philippines, Indonesia, Vietnam, Laos, Cambodia, and Myanmar. It promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration among its members and other countries in Asia.

3 0
3 years ago
Jaden has a degree is marketing. She would like to run her department. She is going back to school to get a degree in:
Masteriza [31]

Answer:

Business Management

Explanation:

With Her <em>Marketing Degree</em> she is able to sell and get the right Customers paying the right price. To run her department she needs knowledge of business operations in Human Resource, IT, Finance , Purchase and Supply and Accounting. The <em>Business Management</em> degree provides these disciplines as minimal.

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3 years ago
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