Answer:
The collection is worth $37,525.78.
Explanation:
Giving the following information:
Your coin collection contains 59 1952 silver dollars.
Interest rate= 6.6%
Number of years= 2053 - 1952= 101 years
To calculate the value of the collection today, we need to use the following formula:
FV= PV*(1+i)^n
FV= 59*(1.066^101)
FV= $37,525.78
Answer:
The answer is 18%
Explanation:
Return on investment is defines as the revenue or profit that is earned by a business as a result of certain amount invested in a business or activity.
It is calculated by dividing profit realised by the amount invested.
The magazine subscription costs $45 a year, so for 3 years a subscriber pays 45*3= $135
However the amount he actually paid is $115 for the 3 years.
Gain in this transaction= 135- 115= $20
Return on investment= gain/amount invested
Return on investment= 20/115
Return on investment= 0.17391
Return on investment= 17.391%
This is closes to 18%
I would say the NAFTA would do all of the indicated answers but it should be kept in mind that this trade is only 'free' if the US wants it that way. As in the case of Canadian softwood exports to the US, the US pushes very hard to impose duties on our softwood and to me that violates a 'free' trade agreement by coming from a sore loser.
Answer:
Direct material price variance= $1,200 favorable
Explanation:
Giving the following information:
Standard price= $8 per gallon
Last month, 3,000 gallons of direct materials were purchased for $22,800.
To calculate the direct material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Actual price= 22,800/3,000= $7.6 per gallon
Direct material price variance= (8 - 7.6)*3,000= $1,200 favorable
Answer:
Percentage Change | Increase and Decrease
First: work out the difference (increase) between the two numbers you are comparing.
Increase = New Number - Original Number.
Then: divide the increase by the original number and multiply the answer by 100.
% increase = Increase ÷ Original Number × 100.
Explanation:
thats how you find out how to calculate percentage change in value
hope it helps