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3 years ago

10

My boss really does not understand the technical aspects of the job my group is trying to complete. I understand the intricacies

of the project, and my team members come to me with all of their questions. What has happened in this work setting

1 answer:

dimaraw [331]3 years ago

4 0

I have emerged as the team leader

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You deposit $5,000 per year at the end of each of the next 25 years into an account that pays 8% compounded annually. How much

Volgvan

Answer:

The correct answer is A. $18,276

Explanation:

First you have to calculate how much you'd end up having at the end of the 25 years period in your savings account.

You calculate the total amount saved for each year, using the formula:

$S_{n} = S_{n-1} *(1+r)+D$

Where

$S_{n}$ is the total amount in the savings account for this period.

$S_{n-1}$ is the total amount in the savings account from the previous period.

$r$ is the interest rate.

$D$ are the annual deposits being made into the savings account.

Therefore for the first year you'd do:

$S_{1} = S_{0} *(1+r)+D$

$S_{1} = 0*(1+0.08)+5000=5000$

For the second year:

$S_{2} = S_{1} *(1+r)+D$

$S_{2} = 5000*(1+0.08)+5000=10400$

And so on. You can help yourself calculate the value of this series using programs like Excel.

I have attached an Excel file that has a table with the savings values for each of the 25 years.

So, the 25th year you’ll have $365,529.70 in your savings account. Now you simply divide this number by 20 (that will be the number of years you’ll be withdrawing the same dollar amount from your savings account):

$Withdrawals = 365,529.70/20=18,276.485$

In conclusion, you’d be able to withdraw $18,276.485 each year for the following 20 years after the 25th deposit, if all withdrawals are the same dollar amount.

3 0

3 years ago

A company completes 21,000 units this month and has ending goods in process inventory of 3,000 units which are estimated to be 4

Artyom0805 [142]

Answer: $36,000

Explanation:

First calculate the Equivalent Units of Production;

= 21,000 + (3,000 * 40%)

= 21,000 + 1,200

= 22,200 units

Then find the cost of each units.

= Total production cost/ Equivalent units of production

= 666,000/22,200

= $30 per unit

Then the cost of ending Goods in Process Inventory is:

= Equivalent ending process inventory units * cost per unit

= 1,200 * 30

= $36,000

6 0

3 years ago

Bethany is doing a research project that involves several numbered lists and calculations. She wants to use technology to make t

N76 [4]

Answer:

D

Explanation:

Bc u can put lists in there and u can do the math in there too

4 0

3 years ago

Read 2 more answers

The marketing department of a reputable firm wants to improve strategic decision making, track the actions of other players in t

Snowcat [4.5K]

Answer:

The answer is C. competitive marketing intelligence

Explanation:

Competitive marketing intelligence may be a powerful research-based method employed by a company to collect, analyze, and use information collected on competitors, economic conditions, customers etc to a achieve business's competitive advantage.

The information-gathering analysis process can help a corporation develop its strategy or identify competitive gaps. It identifies threats and opportunities within the business

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3 years ago

The following information are available about the economy, where all figures are in million dollars: Full employment = $2,000, C

Softa [21]

Answer:

C.

Explanation:

HOPE ITS HELP YOU

THANKSSS

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3 years ago