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marysya [2.9K]
3 years ago
6

You are the beneficiary of a life insurance policy. the insurance company offers two options for receiving the proceeds: a lump

sum of $50,000 today or payments of $550 a month for ten years. if you can earn 6 percent, compounded monthly, which option should you take and why?
Business
1 answer:
r-ruslan [8.4K]3 years ago
8 0
Take the $550 per month for monthly income as after ten years it would reach the same amount just in a longer period of time
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rippett Industries manufactures cleaning products. During the year, the company spent $600,000 on chemicals and $728,000 on conv
Andru [333]

Answer:

The manufacturing overhead cost during the year=$128,000

Explanation:

The manufacturing overhead costs can be calculated using the formula below;

O=C-M

where;

O=manufacturing overhead costs

C=conversion costs

M=material costs

In our case;

O=unknown

C=$728,000

M=$600,000

replacing;

O=728,000-600,000=128,000

O=128,000

The manufacturing overhead cost during the year=$128,000

5 0
3 years ago
If the reserve requirement is 20% and commercial bankers decide to hold additional excess reserves equal to 5% of any newly acqu
Romashka [77]

Answer: 4

Explanation:

Based on the information provided in the question, the effective monetary multiplier for the banking system will be calculated as:

= 1/Reserve ratio

= 1 / (20 + 5%)

=1/(0.20+0.05)

= 1/0.25

= 4

Therefore, the effective monetary multiplier for the banking system is 4.

8 0
3 years ago
Ratio of 10% and assuming that banks keep no excess reserves, imagine that $300 is deposited into a checking account. by how muc
ludmilkaskok [199]
<span>If the ratio of 10% and assuming that banks keep no excess reserves, imagine that $300 is deposited into a checking account, then $ 1,287 is the amount for the money supply to increase if the fed lowers the required reserve ratio to 7%.</span>
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3 years ago
A computerized spreadsheet programs is useful for
Oksana_A [137]
I think the answer is A. Sorting and charting data from surveys
8 0
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QUIZLET: In 1978 China Group of answer choices encouraged investment by private companies from other countries launched the Grea
sdas [7]

In 1978, China announced a new policy to open the door to foreign businesses and investments that wanted to set up in China.

<h3>What did china do in 1978?</h3>

In 1978, Deng announced a new policy that opened the door to foreign businesses that wanted to set up in China.

For the first time, the country was open to foreign investment and encouraged investment by private companies from other countries.

Therefore, A is the correct option.

Learn more about China here:

brainly.com/question/9695945

#SPJ1

7 0
2 years ago
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