Answer:
$1,149,847.955
Explanation:
Given:
- n = 30 years
- Annuity(C) : $95,000 per year
- Rate (r) : 7.25% = 0.0725
The formula we need to use to find the cost your aunt needs to pay is:
PV =
=
= $1,149,847.955
Hope it will find you well.
Answer:
The amount paid should be $1,600
Explanation:
The terms of 2/10, n/30 means 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
Beacon Food Stores purchased canned goods at an invoice price of $4,000. Half of the goods were returned immediately to the supplier.
The remaining amount of the invoice that Beacon Food needs to pay is $2,000
Beacon Food pays the remaining amount of the invoice within the discount period. The amount of discount the company is offered = $2,000 x 2% = $40
The amount paid = $2,000 - $40 = $1,600
Answer: false
Explanation: Amalgamation can be described as a process of combining or mixing. In business language, Amalgamation is also known as merger. Merger refers to when two or more companies agree to combine business, at the same stage of production or at a different stage, and form one bigger company. It can be both horizontal or vertical merger.
But when they are combined rather than A+B+C=A
It becomes ABC.
As a handy tip, we were told that in order to convert the lease factor of a certain amount or transaction to interest rate, we just have to multiply the value by 2, 400.
interest rate = (0.00065)(2400) = 1.56%
Thus, the answer for this item is 1.56%.
Answer:
1.011
Explanation:
The two differentiation for the two parameters such as units of labor and units of capital can be represented as shown below:
If z (production) = f(x,y) = x^0.75y^0.25
Where: x represents the units of labor and y represents the units of capital.
Thus, using differential, the change in production will be:
= 0.75x^(0.75-1)y^0.25 + 0.25(x^0.75)y^(0.25-1) = 0.75x^(-0.25)y^0.25 + 0.25x^0.75y^(-0.75)
x = 25+1 = 26; y = 19
dz = 0.75*26^(-0.25)*(19^0.25) + 0.25*26^0.75*(19^(-0.75)) = 0.75*0.443*2.09 + 0.25*11.51*0.11 = 0.694+0.317 = 1.011