Amelia has her money in a CD earning 2 percent interest. How long will it take for her money to double?
Answers
=> in order to double up your money you need to have a 100% interest and since Amelia only have 2% interest, she needs 50 months to get the an interests that will double up her money.
Related Questions
The lower the __________, the less interest you will pay.a. credit limit. c. APR. b. incentive. d. grace period
recomended ways in which the business can promote social and cultural rights cultural rights in the workplace
a project is utilizing a third-party contractor. a member of the contractor's team raises an issue with a member of the project team. the two individuals are not able to work out a solution. the project manager is aware of the disagreement. which type of communication should the project manager use first when contacting the vendor about this issue?
In which of the following situations do financial markets allow consumers to better time their purchases? (Select all that apply.) A. Paying for tuition B. Buying groceries. C. Paying the cost of repairing a flooded basement. D. Purchasing a car or furniture.
Answers
a. How much would Kaufman Manufacturing’s total operating income increase?
Answers
Kaufman Manufacturing's total operating income would increase by $300,000.
To calculate the increase in Kaufman Manufacturing's total operating income, we need to compare the cost of purchasing the materials from outside suppliers with the cost of producing the materials in the Electronic Division and transferring them to the Appliance Division at the established transfer price.
If Kaufman Manufacturing purchases 150,000 units of materials from outside suppliers, the cost would be $25 per unit, which gives a total cost of:
150,000 x $25 = $3,750,000
If the Electronic Division produces 150,000 units of materials at a variable cost of $20 per unit, the total cost would be:
150,000 x $20 = $3,000,000
At a transfer price of $22 per unit, the total revenue from transferring the materials would be:
150,000 x $22 = $3,300,000
Therefore, the total operating income would be:
$3,300,000 - $3,000,000 = $300,000
So Kaufman Manufacturing's total operating income would increase by $300,000.
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b. 3,334
c. 5,000
d. 20,000
e. 30,000
Answers
Answer:
c. 5,000
Explanation:
Break Even Point =
Here Contribution = margin per unit as margin is sales price - cost,
Since Margin is per unit it is obvious that while calculating margin per unit only variable cost is considered, and no fixed cost will be considered.
Therefore Contribution = $2.00 per unit
Fixed Cost given = $10,000
Break Even Point in units =
Correct option is
c. 5,000
Answer:
5000
Explanation:
I don't have an idea.
Answers
Answer:
6%
Explanation:
we can use the future value formula to determine the internal rate of return:
future value = present value (1 + r)ⁿ
- future value = $1,000
- present value = $496.97
- n = 12
- r = ?
1,000 = 496.97 (1 + r)¹²
(1 + r)¹² = 1,000 / 496.97 = 2.012194
¹²√(1 + r)¹² = ¹²√2.012194
1 + r = 1.059999
r = 1.059999 - 1 = 0.059999 ≈ 6%
perfect competition
all markets
Answers
In a monopoly systems, all resources will fall under the control of one specific owner.
This will create no competition in the markets, making little room for innovation and maintaining the quality of the products, therefore inefficiency in resources usage
NB : monopoly never works and almost never used in developed countries
Answer:Monopoly
Explanation:
Right answer is monopoly
Answers
Answer:
Explanation:
5 characteristics of project:
change - projects are used to change an existing process. For example, project to improve the performance of existing software will bring change in working of software
temporary - project is temporary, it is held to achieve some results or bring change and has a completion time
cross-functional - it involves people from various departments and backgrounds
uncertainty - every project has an element of uncertainty. There are no guarantees
unique - there are no absolutely similar projects