Answer:
So after 5 year total amount will be $1781.529
So option (a) is correct option
Explanation:
We have given that JG Asset is recommending that you invest $1500 for 5 years at rate of 3.5%
So principle amount P = $1500
Rate of interest r = 3.5 %
Time n = 5 years
We know that when total amount is given by
, here r is rate of interest and n is time period
So amount after 5 years will be
So after 5 year total amount will be $1781.529
So option (a) is correct option
Answer:
a) Peterson International is a trenchcoat wholesaler to retailers around the world. Sixty percent of sales orders are taken during the months of August and September. Peterson needs a system to manage online ordering and fulfillment.
Explanation:
Outsourcing likely to be the best solution to the firm's data processing needs because Peterson International is a trenchcoat wholesaler to retailers around the world. Sixty percent of sales orders are taken during the months of August and September. Peterson needs a system to manage online ordering and fulfillment.
Answer:
The answer is D.
Explanation:
Inventory turnover is a measure of the number of times inventory is being sold or used during a given period of time.
A high inventory turnover means a company is selling goods very quickly and that demand for their product exists. Low inventory turnover means weaker sales and ing demand for a company's products.
Inventory turnover = Cost of goods sold/Average inventory
Average inventory is:
($110,000 + $90,000)/2
=$100,000
Therefore, inventory turnover ratio:
$270,00//$100,000
2.7
I wanna think prob full coverage home owners insurance
Answer:
N = 5 years
Explanation:
At first we have to calculate the number of periods to determine at which part of the table we should look at.
Given,
PV = $20,000
FV = $32,000
Interest rate, i = 0.10 (10%)
Number of periods, n = ?
We know, Future value, FV = PV × 
or, $32,000 = $20,000 × 
or, 1.6 = 
As the factor is 1.6, we will look at the following image which is the FV factor table to find the number of periods.
We can find it in a different way too.
log 1.6 = n log 1.10
or, n = 
or, n = 4.93 years
Therefore, n = 5 years
