Answer:
D
Explanation:
The gain from the trade will be split between the two countries but the division may not be equal because the division of gain depend on several factors such demand and supply for goods as well as the price which we don't have the information about.
When you earn college credit from courses you take in high school, you don't have to retake that course in college. Therefore, you might be able to graduate early and pay less tuition.
A. don't have to pay as much for tuition
Answer:
$94,244
Explanation:
Data provided as per the question below:-
Note payable amount = $20,000
rate of interest = 11%
The computation of the present value of factors are shown below:-
Here we are using the annuity table of present value at 11% for 7 years
Present value of factors = Note payable amount × present value annuity factor
= $20,000 × 4.7122
= $94,244
Answer:
$28,121
Explanation:
The formula for compound interest is A=P(1+r/100)t, (t) is in the exponent.
P=25,000
r=4
t=3
Once we input the values it will be: A=25000(1+4/100)3
And so our answer is $28,121
P.S The reason we are using compound interest formula is bcz the said (<u>compounded </u>monthly)
Answer:
If the company decides to purchase the parts, its total costs will increase by $3,400, so it should continue to manufacture the part.
Explanation:
current production costs:
direct materials $15,800
Direct labor $6,900
Variable overhead $16,800
Fixed overhead $12,000
total costs = $51,500
if the company can purchase the 100 units form an outside vendor for $47,100 and avoid $4,100, its total costs would be:
purchase price $47,000
fixed overhead = $12,000 - $4,100 = $7,900
total costs = $54,900
If the company decides to purchase the parts, its total costs will increase by $3,400, so it should continue to manufacture the part.