Answer:
$332.26
Explanation:
The amount to be invested today is known as the Principle Value. We discount the future cash flows using the effective interest rate to arrive at the Principle Value.
Using a financial calculator, we can determine the Principle Value (PV) simply as follows :
PV = ??
PMT = - $100
P/YR = 1
I = 2 %
FV = $1,500
N = 10
This gives a PV of ($332.26)
therefore,
$332.26 should be deposited now to meet the goals.
Answer:
13,750 lamps
Explanation:
Calculation to determine How many lamps should be produced in October
Numbers of lamps=(13,000 × 0.25) + 14,000 − (14,000 × 0.25)
Numbers of lamps=3,250+14,000-3,500
Numbers of lamps= 13,750 lamps
Therefore The numbers of lamps that lamps should be produced in October is 13,750 lamps
the answer is d. to meet all consumer needs!!
hope this helps!
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