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3 years ago

Job cost sheets constitute the subsidiary ledger for the

1 answer:

8 0

Job cost sheets which are maintained by the project management team constitute the subsidiary ledger for keeping the inventory of work in process. This keeps a check on the resources provided by the client and resources going out to the team member of the job. Thus these job sheets make a list of the costs involved in the job until itâ€™s completed.

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10. You are offered an annuity that will pay you $200,000 once every year, at the end of each year, for 25 years (i.e. the first

seraphim [82]

Answer:

PV= $2,749,494

Explanation:

Giving the following information:

Cash flow= $200,000

Number of periods= 25

Interest rate= 5.25%

First, we need to calculate the future value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {200,000* [(1.0525^25) - 1]} / 0.0525

FV= $9,881,102.14

Now, the present value:

PV= FV/(1+i)^n

PV= 9,881,102.14 / (1.0525^25)

PV= $2,749,494

6 0

3 years ago

Economists differ in their views of the role of the government in promoting economic growth. at the very least, the government s

viktelen [127]

Economists differ in their views of the role of the government in promoting economic growth. at the very least, the government should lead the country.

4 0

2 years ago

You are planning to save for retirement over the next 25 years. To do this, you will invest $1,000 a month in a stock account an

STALIN [3.7K]

Answer:

Monthly withdraw= $12,452.6

Explanation:

First, we need to calculate the total accumulated at the moment of retirement. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Stock:

Monthly investment= $1,000

Interest rate= 0.09/12= 0.0075

Number of periods= 25*12= 300 months

FV= {1,000*[(1.0075^300) - 1]} / 0.0075

FV= $1,121,121.94

Bond:

Monthly investment= $700

Interest rate= 0.06/12= 0.005

Number of periods= 25*12= 300 months

FV= {700*[(1.005^300) - 1]} / 0.005

FV= 485,095.77

Total FV= 1,121,121.94 + 485,095.77

Total FV= $1,606,217.71

Now, the annual withdrawal:

Interest rate= 0.07/12= 0.005833

Number of months= 12*20= 240

Monthly withdraw= (FV*i) / [1 - (1+i)^(-n)]

Monthly withdraw= (1,606,217.71*0.005833) / [1 - (1.005833^-240)]

Monthly withdraw= $12,452.6

3 0

3 years ago

Horatio has taken out a $12,450 unsubsidized Stafford loan to pay for his four-year undergraduate education. The loan has an int

abruzzese [7]

Answer:

Explanation:

We solve by first, getting the quota Horatio pays on his loan:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 12,450

time: 10 yearss x 12 months per year = 120

monthly rate: 7.3% / 12 = 0.006083333

$12450 \div \frac{1-(1+0.006083333)^{-120} }{0.006083333} = C\\$

C $ 146.487

Now, we miltiply the quota by the quantity of payment ans subtract the principal to get the amount of interest paid:

quota times quantity of monthly payment: total amount paid

less principal: interest paid.

146.49 x 120 - 12,450 = 5,128,80

4 0

3 years ago

Someone taking a course in Web design is affecting what factor of production?

Solnce55 [7]

Answer:

Someone taking a course in Web design is affecting human capital.

7 0

2 years ago