Answer:
Their combined future value will be 8,141.59.
Explanation:
Each deposit is invested at 12%, but for a different amount of years. So, the best thing would be to separate the three, calculate their value at the end of the third year for separated, and then obtain the grand total by adding up the results.
- First deposit = 1,200. It is invested for three years. The value at the end of year 3 is 1,200*(1.12)^3 = 1,685.91
- Second deposit = 2,200. It is invested for two years. The value at the end of year 3 is 2,200*(1.12)^2 = 2,759.68
- Third deposit = 3,300. It is invested for one years. The value at the end of year 3 is 3,300*(1.12) = 3,696.00
- The sum of the three deposits is 8,141.59.
Answer:
Division of labor
Explanation:
Division of labour is an economic concept which states that dividing the production process into different stages enables workers to focus on specific tasks. If workers can concentrate on one small aspect of production, this increases overall efficiency – so long as there are sufficient volume and quantity produced.
Answer:
d. 4 years.
Explanation:
The payback period is the length of time that it takes for the future cash flows to equal the amount invested in a project. It takes 4 years to get $800,000 for Natal Technologies product.
Answer:
$45,000 Unfavorable
Explanation:
The computation of direct-material quantity variance is shown below:-
Direct Material Quantity Variance = Standard Rate × (Actual Quantity - Standard Quantity Used for Actual Production)
= $7.50 × (246,000 - 40,000 × 6)
= $7.50 × (246,000 - 240,000)
= $7.50 × 6,000
= $45,000 Unfavorable
Therefore for computing the direct-material quantity variance we simply applied the above formula.
Simple Random Sampling is the type of sampling which Vince should use. In SRS or Simple Random Sampling, <span>the </span>sample<span> is </span>random<span> because each owner in the informal network (acquaintances) has an equal chance of being chosen.</span>
