Answer:
$4,021 two years ago
Explanation:
Given that
The Rate of interest is 10%
And as we know that
PV = FV × (1 + i)^(-n)
And
FV = PV ÷ (1 + i)^n
where,
PV = prsent value,
FV = future value ,
i = interest rate,
n = years
Now
a)
FV = $4,545 × (1.1)
= $4,999.5
b)
PV = $5,500 ÷ (1.1^-1)
= $5,000
c)
FV = $4,021 × (1.1^2)
= $4,865.41
d)
PV = $6,050 × (1.1^-2)
= $5,000
hence, the correct option is c. $4,021
It is wrongly written as $4,012
Answer:
Correct Option is B (Rapid Prototyping)
Explanation:
Correct Option is B (Rapid Prototyping)
Rapid Prototyping is a technique which is used to test a new technology or hypothesis by giving it to the customer. Customer then use the product and provide feedback. From the customer feedback, changes are made according to the requirement and the feedback provided by the customer.
Answer:
11.61%
Explanation:
First, find the annual percentage return (APR) of this annuity. Using a financial calculator, input the following;
Recurring payment; PMT = -450
Future value ; FV = 27,000
Duration of investment ; N = 4*12 = 48 months
One -time present value; PV = 0
then compute interest rate; CPT I /Y= 0.92% (this is monthly rate)
APR = 0.92*12 = 11.035%
Effective Annual Rate (EAR) formula is as follows;
EAR = (1+
) ^m -1
EAR = 1+
)^12 -1
EAR = 1.1161 -1
EAR = 0.1161 or 11.61%
<span>when the sets are completely finished, the cost should be transferred to: </span>W<span>IP inventory-Finishing
WIP stands for work in progress, which is an account to placed all the amount of manufactured product that still not ready to be sold to the market.
Since the manufacter process is in finishing stage (coloring/packing), the appropriate account should be </span>WIP inventory-Finishing