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Leya [2.2K]
3 years ago
6

Determine which is the better investment: compounded semiannually or compounded quarterly. Round your answers to decimal places.

The semiannual investment gives an effective rate of . The quarterly investment gives an effective rate of . Therefore, the investment is a better investment.
Business
1 answer:
puteri [66]3 years ago
3 0

Here's link to the answer:

tinyurl.com/wtjfavyw

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A company incurs $4,050,000 of overhead each year in three departments: Ordering and Receiving, Mixing, and Testing. The company
MrRa [10]

Answer:

c) $2,760,000

Explanation:

Computation of the amount of overhead assigned to Slime.

First step

Ordering and Receiving=Cost/Expected use of Driver×Additional Expected use of Driver

$1,200,000/2,000×1,600

=600×1,600

=$960,000

Mixing= Cost/Expected use of Driver×Additional Expected use of Driver

=1,500,000/50,000×30,000

=30×30,000

=$900,000

Testing=Cost/Expected use of Driver×Additional Expected use of Driver

= 1,350,000/1,500×1,000

=900×1,000

=$900,000

Second step

Addition of the total of :

Ordering and Receiving $960,000

Mixing $900,000

Testing $900,000

=$2,760,000

Therefore the amount of overhead assigned to Slime will be $2,760,000

4 0
3 years ago
George deposited $2,000 in his bank account, which offers 5 percent compound interest
juin [17]

Answer:

2205

Explanation:

annual compound interest formula

PV(1+i)ⁿ

we have

2000(1+.05)²

=2205

8 0
3 years ago
New home construction is at an all-time high, due to increased demand the cost of new homes has gone up 15%,
belka [17]

Answer:

Peak

Explanation:

The business cycle refers to the routine growth and decline of economic activities in a country. Naturally, an economy experiences periods with high economic activities and seasons with subdued growth.

The peak is the business cycle when the economy experiences high growth. At the peak cycle, businesses experience high sales volumes, the rate of unemployment is low, and prices are high. The level of economic growth is measured through GDP. At the peak, the GDP value is high.

4 0
3 years ago
Which of the following would be included in the calculation of GDP?
Olin [163]
Purchasing a new vehicle
6 0
3 years ago
If a police officer wants to search a computer for documents that prove a crime has been committed, the officer would need a sea
lisov135 [29]
The answer is B )True
I mean it’s personal so it belongs to you so yeah
3 0
4 years ago
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