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pogonyaev
3 years ago
5

Naomi plans on saving $3,000 a year and expects to earn an annual rate of 10.25 percent. How much will she have in her account a

t the end of 45 years
Business
1 answer:
Gre4nikov [31]3 years ago
7 0

D. $2,333,572

To find the future value of annuity ordinary the formula is

Fv=pmt [(1+r)^(n)-1)÷r]

Fv future value?

PMT payment per year 3000

R interest rate 0.1025

N time 45 years

So

Fv=3,000×(((1+0.1025)^(45)−1) ÷(0.1025))=

<h2><u>$2,333,571.66 </u></h2>

Good luck!

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Cold Duck Airlines flies between Tacoma and Portland. The company leases planes on a year-long contract at a cost that averages
Korvikt [17]

Answer:The Firm should continue to produce up until Revenue generated equals Marginal Cost. Cold Duck Company would maximize profit when the number of flights is in a level when Revenue equals Marginal cost which is the same as variable costs in this case.

Explanation:

Cold duck Airlines leases plane on a year long contract at an average cost of $600 per flight.The average cost of $600 per flight is calculated as Lease cost per year divided by number of flights. This tells us that the lease cost per year is fixed and the $600 average  cost per flight is the Average Fixed cost. if Cold duck flies more planes between Tacoma and Portland The number flights will increase which will decrease the average lease cost per flight.

Other Costs fuel (flight attendants,etc) amount to $550 per flight, these costs will increase as Cold Duck Airlines increases flights between Tacoma and Portland. These costs should be treated as Variable costs because they increase as the number flights increases.

The revenue generated on each flight, which can be seen as the price for each flight is $1000.

The Firm maximizes its profits in a competitive market by producing a quantity level That makes Price equals Marginal cost, Marginal cost being the price of producing an additional unit, in this case is the cost of an additional flight which is $550 amount of other costs  because lease cost fixed  whether Cold Duck Makes 1 flight or 10 flights it doesnot change

The Firm should continue to produce up until Revenue generated equals Marginal Cost. Cold Duck Company would maximize profit when the number of flights is in a level when Revenue equals Marginal cost which is the same as variable costs in this case. Revenue would be equal to $550 when profit is at the maximum level

6 0
3 years ago
Read 2 more answers
The following units of an inventory item were available for sale during the year: Beginning inventory 11 units at $51 First purc
Gennadij [26K]

Answer:

$2,338

Explanation:

For computing the ending inventory, first we have to determine the average cost per unit, then ending inventory units which are shown below:

= (Beginning inventory units × price per unit +  first purchase inventory units × price per unit + second purchase inventory units × price per unit + third purchase inventory units × price per unit) ÷ (Beginning inventory units + one purchase inventory units + second purchase inventory units + third purchase inventory units)

= (11 units × $51 + 15 units × $53 + 21 units × $55 + 17 units × $57) ÷ (11 units + 15 units + 21 units + 17 units)

= ($561 + $795 + $1,155 + $969 ) ÷ (64 units)

= ($3,480) ÷ (64 units)

= $54.375 per unit

Now the ending inventory units would be

= Available units for sale - sale units

= 64 units - 21 units

= 43 units

Now the ending inventory would be

= Ending inventory units × average cost per unit

= 43 units × $54.375 per unit

= $2,338

5 0
3 years ago
Consider a country that is operating under a system of flexible exchange rates. If the central bank in this country imposes an e
UNO [17]

Answer:

i a depreciation of its currency;

Explanation:

A flexible exchange rate is when exchange rate is determined by the forces of demand and supply.

an expansionary monetary policy is a policy where the monetary authorities increase the money supply in the economy.

If exchange rate is flexible and an expansionary monetary policy is carried out, the supply of money would exceed its demand.  as a result, the value of money would fall. this is known as depreciation

3 0
2 years ago
Rainbow Co. began operations in 2019 and reported $600,000 in income before income taxes for the year. Rainbow’s 2019 tax deprec
cricket20 [7]

Answer:

30.000

Explanation:

Income before taxes  $300,000

Timing difference between books and Tax (A) $100,000

Permanent difference cannot be considered for calculation of Differed tax liability or Deferred tax asset $40,000 (B)  is zero

Total Timing deference (C=A+B)  $100,000

Tax rate enacted for future (D)  30%

<h2>Differed tax liability (C*D)  $30,000 </h2>

<h2></h2>

4 0
3 years ago
What is the most important about the Finance Manager of an agency?
Archy [21]

Often, controllers oversee the accounting, audit, and budget departments. Treasurers and finance officers direct their organization's budgets to meet its financial goals. They oversee the investment of funds. They carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm's expansion.


i hope this helps you out!!!!

3 0
3 years ago
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