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3 years ago

The function f(x) = 2,000(1 + )12t models the balance in a savings account.

Business

2 answers:

Naddika [18.5K]3 years ago

8 0

? wat class this for

tresset_1 [31]3 years ago

4 0

Answer:

In the exponential function f(x) = P(1 + )nt :

P = principal value

r = the annual interest rate

n = number of compounding periods in a year

t = time in years

For the given function, P = 2,000, r = 0.0225, or 2.25%, and n = 12. So, the interest compounds 12 times a year, or monthly.

Therefore, the savings account had an initial balance of $2,000 and compounds monthly at an interest rate of 2.25%.

Explanation:

Explanation from PLATO

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Quick Computing currently sells 9 million computer chips each year at a price of $11 per chip. It is about to introduce a new ch

irga5000 [103]

Answer:

overall effect for the first year will be an increase of 94 millions in the cash flow.

Explanation:

The chip will provide:

27 million x $ (14 - 10) each = 104 millions of gross profit

But, decreases gross profit from older chip at rate of:

2 million x $ (11 - 6) each = 10 millions per year

The Chip will generate 104 gross profit but reduce other chip division profit by 10 million

<u>overall effect for the first year will be of 94 millions postive</u>

8 0

3 years ago

Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato c

Pie

Answer:

Scrumptious Snacks Inc.

a. Single plantwide factory overhead rate = $77.51 per hour

b. Total Factory Per-Case Factory

Overhead Overhead

Tortilla chips $20,928 $7.75

Potato chips 17,440 11.63

Pretzels 36,275 9.30

Total $74,643

Explanation:

a) Data and Calculations:

Budgeted costs:

Factory depreciation $17,167

Indirect labor 42,545

Factory electricity 4,852

Indirect materials 10,076

Total factory overhead = $74,640

Selling expenses 23,885

Administrative expenses 13,435

Total costs $111,960

Production budget and processing hours per case:

Budgeted Volume Processing Total

(Cases) Hours Per Case Hours

Tortilla chips 2,700 0.10 270

Potato chips 1,500 0.15 225

Pretzels 3,900 0.12 468

Total 8,100 963

a. Single plantwide factory overhead rate = $77.51 ($74,640/963)

b. Overhead allocated to each product:

Total Total Budgeted Per Case

Hours Overhead Cases Overhead

Tortilla chips 270 * $77.51 = $20,928 2,700 $7.75

Potato chips 225 * $77.51 = 17,440 1,500 $11.63

Pretzels 468 * $77.51 = 36,275 3,900 $9.30

Total 963 = $74,643 8,100

8 0

3 years ago

Secondary school falls between:

Trava [24]

Answer:

Secondary school is from grades 7-12 (middle school except for 6th grade and then all of high school)

So it falls between primary school and college

8 0

3 years ago

Read 2 more answers

Caliber Corp. currently pays no dividends because it requires its internally generated funds be used to fund a research intensiv

Andreyy89

Answer:

Do = $2.00

D1= Do(1+g)1 = $2(1+0.2)1 = $2.40

D2= Do(1+g)2 = $2(1+0.2)2 = $2.88

D3= Do(1+g)3 = $2(1+0.2)3 = $3.456

D4= Do(1+g)4 = $2(1+0.2)4 = $4.1472

D5= Do(1+g)5 = $2(1+0.2)5 = $4.97664

PHASE 1

V1 = D1/1+ke + D2/(1+ke)2 + D3/(1+ke)3 +D4/(1+ke)4 + D5/(1+ke)5

V1 = 2.40/(1+0.15) + 2.88/(1+0.15)2 + 3.456/(1+0.15)3 + 4.1472/(1+0.15)4 + 4.97664/(1+0.15)5

V1 = $2.0870 + $2.1777 + $2.2723 + $2.3712 + $2.4742

V1 = $11.3824

PHASE 2

V2 = DN(1+g)/ (Ke-g )(1+k e)n

V2 = $4.97664(1+0.02)/(0.15-0.02)(1+0.02)5

V2 = $5.0762/0.1435

V2 = $35.3742

Po = V1 + V2

Po = $11.3824 + $35.3742

Po = $46.76

Explanation: This is a typical question on valuation of shares with two growth rate regimes. In the first phase, the value of the share would be obtained by capitalizing the dividend for each year by the cost of equity of the company. The dividend for year 1 to year 5 was obtained by subjecting the current dividend paid(Do) to growth rate. The growth rate In the first regime was 20%.

In the second phase, the value of shares would be calculated by taking cognizance of the second growth rate of 2%. In this phase, the last dividend paid in year 5 would be discounted at the appropriate discount rate after it has been adjusted for growth.

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3 years ago

an increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run?

tino4ka555 [31]

Answer:

An increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run? A. The price level will rise, and the level of GDP will fall.

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3 years ago