The constant monthly withdrawal amount can be calculated by using PMT function in excel as in =PMT(rate,nper,pv) where rate = 7% = 0.07/12 (Monthly rate), nper = 20 years = 20*12 = 240 months and pv = 300,000
Constant monthly withdrawal amount =PMT(0.07/12,240,300000)
Constant monthly withdrawal amount = $2,325.90
Constant monthly withdrawal amount = $2,326 (Option C)
I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.
Looking at the chart, we see that this gives us 81-75 = 6.
Therefore, the Marginal Benefit of a fourth sandwich is 6.
Answer:
$404,000
Explanation:
Production Unit = $135,000 + $18,000 - $14,000 = $139,000
Labor hours per unit = 30 mins = 0.5 hours
Total Labor Hours = $139,000 x 0.5 = 69,500 hours
Variable Overhead 69,500 x 5 = $347,500
Total Overhead Cost = $347, 500 + $56,500 = $404,000
On of the very basic measures, Travis must do in order to avoid workplace hazards is to perform safety precautions before working. These safety precautions basically involve the use of safety goggles. The safety goggles would provide protection of the eye against chemicals that might spill.
Answer: Struck by hazards.
Explanation:
Struck by hazards is caused when there is a sudden forceful contact between an object and an injured person.
Classes of stuck by hazards include
1. Falling objects, for example a falling wood from a construction site.
2.Rolling objects.
3.Swinging objects.
4.Flying objects.
• It is important to note that putting in place and using the right safety measures can serve as a means of protection against any form of job related hazard.