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Nataly [62]
3 years ago
15

Describe the relationship among TFC , TVC and TC with the help of cost schedule and diagram.​

Business
1 answer:
dangina [55]3 years ago
6 0

Answer:<em></em><em>This is explained as follows: TC – TVC = TFC. The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped. Thus, the TC curve is the same shape as TVC but begins from the point of TFC rather than the origin.</em><em>Since the TFC curve is horizontal, the difference between the TC and TVC curve is the same at each level of output and equals TFC. This is explained as follows: TC – TVC = TFC. The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped.</em>

<em>Explanation</em><em>:</em><em> </em><em>Sorry</em><em> </em><em>I</em><em> </em><em>can't</em><em> </em><em>give</em><em> </em><em>you</em><em> </em><em>the</em><em> </em><em>diagram</em><em> </em>

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You Save Bank has a unique account. If you deposit $7,250 today, the bank will pay you an annual interest rate of 4 percent for
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Answer:

$15960.94 is the amount I will have in my account after 17 years.

Explanation:

Firstly we are given the present value of the investment that we will be saving so it will be $7250. we are further given that this investment will be saved during a period of 17 years at different rates through the 17 years so we are looking for the future value after 17 years therefore we will use the future value investment formula as just only one amount is invested.

The future value formula = Fv = Pv(1+i)^n

where Fv is the future value of the investment after 17 years,

Pv is the invested amount initially $7250

i is the interest rate which here it is 4% for the first 5 years, then 4.6%  after for 4 years, thereafter 5.3% for the remaining 8 years so we will.

n is the number of years of the investment as per their given interest rates, substitute these values to the above mentioned formula:

Fv= $7250((1+4%)^5) ((1+4.6%)^4)( (1+5.3%)^8) then compute on a calculator

Fv = $15960.938 then we round off to two decimal places

Fv = $15960.94 which will be the amount that will be saved after 17 years .

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Easy access to funds through a debit card

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A checking account can be accessed using  ATMs, electronic cards, and checks. The checking account allows users to deposit and withdraw money multiple times without attracting charges.

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