2 years ago

2 Study Guide-000 N

Business

1 answer:

Likurg_2 [28]2 years ago

5 0

Answer:

thank you

Explanation:

Are we supposed to apply for those courses

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Explanation:

This is a problem of future value with compounded interest.

The equation that describes the future value of an amount (P) deposited for a period of 'n' years at an annual rate (r) compounded quarterly is:

$FV = P*(1+\frac{r}{4})^{4n}$

For a $550 investment at 4% per year for 3 years, the future value is:

$FV = 550*(1+\frac{0.04}{4})^{4*3}\\FV=\$619.75$

In 3 years, Jose will have $619.75 available towards the down payment for his motorcycle.

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2 years ago

Sobota Corporation has provided the following partial listing of costs incurred during August: Marketing salaries $ 51,600 Prope

horrorfan [7]

Answer:

Product costs= $259,700

Explanation:

Giving the following information:

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<u>The product costs are all expenses directly involved in the production. It generally involves the prime costs (direct material and direct labor).</u>

<u />

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Product costs= $259,700

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