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olga_2 [115]
2 years ago
14

If you borrow $1500 with a compounding interest rate of 8% for 2 years, that compounds semi-annually. How much will you pay back

in total at the end of 2 years
Business
1 answer:
mestny [16]2 years ago
4 0

Answer:

1740

Explanation:

1500(1+\frac{8}{100})^2

1500*(\frac{27}{25})^2

= 1749.6

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Selected information from Illikon Corporation's accounting records and financial statements for 2021 is as follows ($ in million
siniylev [52]

Answer:

$39

Explanation:

According to the scenario, computation of the given data are as follows:

We can calculate the Net cash outflow by using following formula:

Net cash outflow from investing activities to be reported  = Cash paid to acquire equipment + Cash paid to acquire land - Proceeds from sale of building

By putting the value in the formula, we get

= $120 + $54 - $135

= $39

Hence, Net cash outflow from investing activities to be reported is $39.

6 0
3 years ago
"An adolescent is to receive radioactive iodine for Graves' disease. Which statement by the client reflects the need for more te
Juli2301 [7.4K]

Answer: d) "The advantage of radioactive iodine is that I will not need future medication for my disease."

Explanation:

The treatment of Graves disease using radioactive iodine is meant to destroy the thyroid gland so that the person will see a reduced function from it.

This means that after the treatment is used, a lot of patients will need a thyroid replacement and will have to keep receiving treatments to maintain.

Essentially the radioactive iodine is not the last medication that will be taken for Graves disease.

3 0
3 years ago
Your company has net sales revenue of $50 million during the year. At the beginning of the year, fixed assets are $22 million. A
antiseptic1488 [7]

Answer:

Fixed assets turnover= 2.17

Explanation:

Calculation for The fixed assets turnover

Using this formula

Fixed assets turnover = Net Sales Revenue / Average Fixed Costs

Let plug in the formula

Fixed assets turnover = $ 50 Million / [ ( $ 22Million + $ 24Million) /2]

Fixed assets turnover =$ 50 Million / ($46Million /2)

Fixed assets turnover=$ 50 Million / $23 Million

Fixed assets turnover= 2.17

Therefore Fixed assets turnover will be 2.17

6 0
3 years ago
An outside supplier has offered to make and sell the part to the company for $24.10 each. If this offer is accepted, the supervi
Soloha48 [4]

Answer:

Net operating income would decrease by $36,000 per year.

Explanation:

The company's current cost of manufacturing a part Z95 is $33.9 which includes all the material, labor and overhead costs. If the company buys this part from an outside supplier it will cost $24.10 each. but the depreciation and factory overhead cannot be avoided. The depreciation is $5.40  and factory overheads are $8.60. This will be added to the cost of buying each part.

$24.10 + $5.40 + $8.60 = $38.1

The cost of buying the part is greater than the cost of making it.

8 0
3 years ago
at the time of retirement a couple has $250,000 in account that pays 8.4% compounded monthly. if the couple decides to withdraw
MArishka [77]

Answer:

Millions

Explanation:

4 0
2 years ago
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