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Galina-37 [17]
2 years ago
8

Today you deposited $15,000 into a 5-year CD that will pay 6 percent interest. How much will you withdraw from the account in 5

years? Round to the nearest cent. Do not include any unit (If your answer is $111.11, then type 111.11 without $ sign.)
Business
1 answer:
Soloha48 [4]2 years ago
4 0

Answer:

The answer is 20073.38

Explanation:

FV = A * (1+ i)^n

FV = $15,000 * (1.06)^5= 20073.38

20073.38 will be withdrawn from the account in 5 years

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At January 1, 2019, Vaughn Manufacturing has beginning inventory of 2000 surfboards. Vaughn estimates it will sell 7000 units du
Iteru [2.4K]

Answer:

Sales revenues= $1,317,150

Explanation:

Giving the following information:

Vaughn estimates it will sell 7000 units during the first quarter of 2019 with a 12% increase in sales each quarter.

Selling price= $150

<u>First, we need to calculate the number of units to be sold in the third quarter</u>:

Sale in units= 7,000*1.12^2= 8,781

<u>Now, sales revenues:</u>

Sales revenues= 8,781*150

Sales revenues= $1,317,150

6 0
2 years ago
You have figured out the marginal cost and the marginal benefit of buying an extra smoothie. In 2-3 sentences, describe how you
saw5 [17]
I think I must first get the marginal cost of the product before i bought if it is worth it to its value, Then i would compute for the marginal benefit to know what would i gain in this product. Lastly I would compare both the marginal cost and marginal percentage if the cost is lower than the benefit then the product is worth it to buy.
6 0
2 years ago
Read 2 more answers
Malcolm Company uses a weighted-average process costing system. All materials at Malcolm are added at the beginning of the produ
BARSIC [14]

Malcolm Company uses a weighted-average process costing system. All materials at Malcolm are added at the beginning of the production process. The equivalent units for materials at Malcolm would be the sum of Units in beginning work in process and units started.

Answer: Option (2) is correct

<u>Explanation:</u>

The weighted average process costing system is used in case of those processes of production which are standardized.

The beginning cost of work in the process is added to the cost during the period and then it is divided by total equivalent units to arrive at the average cost per unit. Now the equivalent units for material at Malcolm would be units in the beginning work in process and the units started.

7 0
2 years ago
A good measure of average should be:
ella [17]

Answer:b

Explanation:

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\begin{tabular}&#10;{|p {3.5cm}|p {2.0cm}|p {2.6cm}|}&#10;\multicolumn {3} {|c|} {Elvis' Fried Peanut Butter and Banana Sandwich Benefit}\\[2ex]&#10;Fried PBB Sandwiches&Total Benefit (dollars)&Marginal Benefit (dollars)\\[1ex]&#10;1&&42\\&#10;2&&24\\&#10;3&75&\\  &#10;4&81&\\  &#10;5&&-3&#10;\end{tabular}

<span>The marginal benefit of the 4th fried peanut butter and banana sandwich is given by $81 - $75 = $6.</span>
8 0
2 years ago
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