Answer:
Taylor can withdrawn 1,374.20 dollars each month
Explanation:
Timeline:
deposits of 444 for 20 years = withdrawals of X for 15 years
<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->
We must calcualte amount to satisfy:
future value of his deposits = present value of his withdrawals
We first need to get the future value of the retirement account
and then the PMT this fund can do.
<u>deposits future value:</u>
C $ 444
time 240 (20 years x 12 months er year)
rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)
FV $162,847.9340
<u>withdrawals PMT:</u>
PV $162,847.93
time 180
rate 0.005
C $ 1,374.203
Answer: add this flight because marginal revenue exceeds marginal costs.
Explanation:
Since the total cost of the flight would be $1,100, of which $800 are fixed costs already incurred, then the variable cost in this case will be )$1100 - $800) = $300.
Since the expected revenues from the flight are $600, thus implies that the total revenue exceeds total variable cost and therefore Dash should add the flight because total revenue is more than total variable cost and the marginal revenue exceeds marginal costs.
Answer:
The definition becomes defined in the clarification paragraph below, according to the particular circumstance.
Explanation:
- As either the engineering boss, I believe Sally knows her technical employees better upon where people choose and hate about either the meetings that have been taking place. She understands that her workers like freedom but also that requesting them should report periodically or daily will potentially hinder their efficiency, and also some waste work and attention.
- Therefore, Sally can find some middle ground path somewhere, practically. She might make an option in which those her boss, Mark Hayes, the director of engineering, including her staff should be satisfied with the conclusion reached. Sally would invite Mark please hold a regular meeting to provide a more excellent method rather than just group communication. Any efficiency improvements barely alter a day, cost too much, and often waste precious time. She should indeed, lift all the questions concerning her workers as well as the negatives involved with either the regular interactions.
- She could also ensure fine to measure throughout her workers to hold regular sessions because it will encourage the business to always have a daily transcript of the conversation the week before and whether performance might be enhanced within this meeting can already be covered.
Answer:
with the new rate we will pay in 58 months.
if there is 2% commision charge: 59.35 = 60 months
Explanation:
Currently we owe 10,000
This will be transfer to a new credit card with a rate of 6.2%
We are going to do monthly payment of 200 dollars each month
and we need to know the time it will take to pay the loan:
We use the formula for ordinary annuity and solve for time:
C $200.00
time n
rate 0.005166667 (6.2% rate divide into 12 months)
PV $10,000.0000
We arrenge the formula and solve as muhc as we can:
Now, we use logarithmics properties to solve for time:
-57.99227477 = 58 months
part B
If there is a charge of 2% then Principal = 10,000 x 102% = 10,200
we use that in the formula and solve:
-59.34880001 = 59.35 months
Answer:
$960
Explanation:
For computing the accumulated depreciation, first we have to compute the depreciation expense which is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($9,600 - $0) ÷ (5 years)
= ($9,600) ÷ (5 years)
= $1,920
This is a full year depreciation but we have to find out for June 30,2017 i.e 6 months
= $1,920 ÷ 12 months × 6 months
= $960
The same is recorded as an accumulated depreciation