1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lisabon 2012 [21]
2 years ago
10

Ruby is considering a college degree. She learned that the total costs (including the tuition, fees, and forgone wages) of a col

lege degree is $120,000. Her annual income with a college degree will be $14,000 higher than a high school graduate. She is planning to work for 15 years after graduation. How does her ROI on college change if she decides to work for 30 years instead of 15 years
Business
1 answer:
Yanka [14]2 years ago
6 0

Answer: Increase of 3.2%

Explanation:

Return on Investment (ROI) is the return that Ruby would make over her college degree fees.

It is the internal rate of return that would equate her future earnings to the investment in college fees.

Change in ROI = 11.18% - 7.98

= 3.2%

Increase of 3.2%

You might be interested in
Which city is NOT one of the “big five” fashion capitals?
oksian1 [2.3K]

Answer:

option E Rome is the answer

8 0
3 years ago
Read 2 more answers
Dan plans to fund his individual retirement account (IRA) with the maximum contribution of $2,000 at the end of each year for th
slamgirl [31]

Answer:

$31,874

Explanation:

In this question, we are asked to calculate how much Dan would have at the end of the 10th year if he contributes a maximum of $2000 at the end of each year for the next 10 years and earns 10% on his contribution.

This kind of problem can be solved using the annuity formula I.e the annuity formula can be used to calculate the accumulated value at the end of the 10th year.

Annuity refers to a series of payment that is made at equal time intervals

Mathematically, the future value of an annuity =

Annuity payment * [(1 + r)^n - 1]/r

Where r is the discount rate and n is the number of years.

In this question, we have identified the following to be used in the formula.

Annuity payment = the maximum payable contribution per year = $2000

Number of years = 10 years

The discount rate = 10% = 10/100 = 0.1

We plug these values in the formula:

Future accumulated value = 2,000 * [(1+0.1)^10 - 1]/0.1 = 2,000 * [(1+0.1)^10 - 1)]/0.1

= 2,000 * (2.5937-1)/0.1 = 2,000 * (1.5937)/0.1 = 2,000 * 15.937 = $31,874

The accumulated value of the annuity payment is $31,874

8 0
2 years ago
Concord Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sale
Nitella [24]

Answer:

the numbers are missing, so I looked for a similar question:

Purchases Sales Units Unit Cost Units Selling Price/Unit

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/4 Sales 60 $80

3/10 Purchase 200 $55

3/16 Sales 70 $90

3/19 Sales 90 $90

3/25 Sales 60 $90

3/30 Purchase 40 $60

the requirements are:

calculate COGS and ending inventory under FIFO, LIFO and weighted average.

since this company uses the periodic inventory level we must first determine the total cost of goods available for sale:

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/10 Purchase 200 $55

3/30 Purchase 40 $60

total goods available for sale = 400 units, at a total cost of $20,400

total units sold = 60 + 70 + 90 + 60 = 280 units

ending inventory  = 120 units

under FIFO:

ending inventory = (40 x $60) + (80 x $55) = $6,800

COGS = $20,400 - $6,800 = $13,600

under LIFO:

ending inventory = (100 x $40) + (20 x $50) = $5,000

COGS = $20,400 - $5,000 = $15,400

under weighted average:

ending inventory = ($20,400 / 400) x 120 = $6,120

COGS = $20,400 - $6,120 = $14,280

3 0
3 years ago
_____ pricing occurs when the price of each unit as a multi-unit package of the same item is less than the price of each unit if
lora16 [44]

Answer:

E

Explanation

Multiple Unit Pricing is selling a product at a lower price than that of other products of the same categoryThis is true, in case of bulk orders.

A product is sold at a pre-decided price, which is equal or less than the maximum retail price or list price of the product.

Multiple Unit pricing is a pricing strategy which is used to push the sales of the product.

7 0
3 years ago
Your body uses minerals for many different jobs, including __________. (select all that apply.)
yan [13]

Your body uses minerals for many different jobs, including building bones

making hormones regulating your heartbeat

Hormones are molecules that are created and released by specific glands to regulate and govern the functioning of particular cells and organs. The term "endocrine glands" refers to these specific glands.

Hormones are chemicals that, as was already mentioned, effectively serve as the body's messengers. Specialized glands called endocrine glands release these substances. Hormones all over the body, these endocrine glands are located. These messengers regulate a variety of physiological processes as well as psychological wellbeing. In preserving the body's homeostasis, they play a significant role.

Protein hormones are soluble in water and made of amino acids. Since the cell membrane is made up of a phospholipid bilayer that prevents any fat-insoluble molecules from diffusing into the cell, peptide hormones cannot flow through it.

Learn more about Hormones here

brainly.com/question/13020697

#SPJ4

7 0
1 year ago
Other questions:
  • Consider the figures below and determine which is the best description of what causes the shift from ad1 ad1 to ad2 ad2.
    12·1 answer
  • Knowledge Check 01 Simpson Company purchased $900 of equipment by paying cash and recorded the expenditure as a purchase of land
    8·1 answer
  • Jones Corporation purchased merchandise inventory with a 10%, 120-day note payable for $10,000. The company uses the perpetual i
    14·1 answer
  • The graph shows a demand curve. What can be said about the demand line moving to the right?
    7·2 answers
  • Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for cost of
    9·1 answer
  • For journal entries in this assignment, enter AR for Accounts Receivable, ADA for Allowance for Doubtful Accounts, BAD for Bad D
    12·1 answer
  • No one answer then till my girly answers
    5·2 answers
  • How should you follow up an interview? What
    13·1 answer
  • How do interest and fees impact your credit purchase
    5·1 answer
  • the number of families receiving assistance under TANF had dropped by ______ within five years of its enactment
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!