Answer: $31,513.65
my monthly payment (principal) would be closest to $31,514
Explanation:
Using compound interest formula below to find the principal
A = p (1 + r/n)^nt
A= amount = $34,000
r = annual nominal rate = 1.9% = 0.019
n = number of compounding ; monthly compounding means 12 interest payments in a year
P= principal
t= time in years 48months = 48/12years = 4years
34,000 = p (1 + 0.019/12)^12(4)
34,000 = p (1 + 0.00158333333)^48
34,000 = p ( 1.00158333333)^48
34,000 = 1.07889755p
Divide both sides by 1.07889755
P = $31,513.6502
≈$31,514 to nearest whole number.
Answer:
$0.10
Explanation:
Calculation for the amount that Rebecca should spend on a PPC advertisement for her website
Using this formula
Amount to be spend=Cost /Numbers e-commerce site visits
Let plug in the formula
Amount to be spend=$300/3,000
Amount to be spend=$0.10
Therefore the amount that Rebecca should spend on a PPC advertisement for her website will be $0.10
Answer:
oi
Explanation:
hi how are you feeling today
Answer:
Volume overhead $ 540 unfavorable
Explanation:
<em>The volume overhead is the difference between the budgeted units and actual units multiplied by the cost unit</em>
Fixed over cost per unit =budgeted cost/Budgeted unit
= $27,000/1000 units
= $27
Volume variance
Units
Budgeted unit 1000
Actual unit <u>980</u>
<u>Difference </u> 20 unfavorable
Standard fixed overhead per unit <u> × $27</u>
Volume overhead <u> 540 unfavorable</u>
