Answer:
$10,974.05
Explanation:
Given that,
Amount to accumulated = $25,000 in two years
Interest rate = 9%
Let the amount be X,
Total amount after two years:
= Year 1 + Year 2
= X(1.09)^2 + X(1.09)
= 1.1881 X + 1.09X
= 2.2781 X
SO, Total amount after two years:
2.2781 X = 25,000
X = 25,000 ÷ 2.2781
= $10,974.05
Hence, the amount deposited at the beginning of each year is $10,974.
Answer:
with only one chain and one pendant per necklace.write an expression that shows how much it will cost ronnie to
Answer:
The IRR is 4.08%
Explanation:
In calculating the internal rate of return in excel,the cash outflow of $76.63 is shown in year 0 with a negative sign to indicate that it is the initial investment on the share, followed by dividends in received in later years shown as positive figures ,however in the fifth the dividend received and the cash received from disposing of the share were added together to show total cash inflow in the last year.
The computation of IRR is shown below
IRR for the share purchase
Years Cash flow
0 -76.63
1 1.37
2 1.55
3 1.66
4 1.74
5 86.61
IRR 4.08%
Find attached for detailed computation.
Answer:
d) overapplied $160
Explanation:
$35,000 expected overhead / 5,000 machine= 7 dollar per machine hour are spend on overhead
<em><u>applied overhead:</u></em>
4,980 x 7 = 34,860
<u><em>actual overehad:</em></u> 34,700
As the amount of cost enter by the accounting are above the real cost, we are going to increase the manufacturing overhead cost and making the net income lower for this particular reason.
