Answer:
A deposit of 36,922.02 dollars will be equivalent to the series of emergencies deposits of 2,000 starting today.
Explanation:
we need to know the future value of the emergencies deposit and then, calculate which lump sum can generate the same amount. As the deposit are done at the beginning It will be an annuity-due:
C 2,000
time 36 (3 years x 12 months per year)
rate 0.045
FV $180,082.6885
Now we calculate the lump sum which yield this amount as well:
Maturity $180,082.6885
time 36.00
rate 0.045
PV 36,922.02
The type of organisation structure that is best suited for Kumal company is MATRIX STRUCTURE. This structure is normally used by companies that engage in production of products that have specified duration. Employees are often put on different teams to maximize creativity and flow of ideas. The structure is common to technological and engineering companies.
Answer:
rise, fall
Explanation:
In the case when the subsitution effect with respect to the real rate of interest should be saved and more than the income effect on the real rate of interest so if there is an increased in the real rate of interest so there is an increase in the consumption also there is the fall in the savings
Also, if there is a more income effect, the consumption should rise and the savings would decline
Therefore the rise and fall should be considered to fill the blanks
Answer:
The amount paid should be $1,600
Explanation:
The terms of 2/10, n/30 means 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
Beacon Food Stores purchased canned goods at an invoice price of $4,000. Half of the goods were returned immediately to the supplier.
The remaining amount of the invoice that Beacon Food needs to pay is $2,000
Beacon Food pays the remaining amount of the invoice within the discount period. The amount of discount the company is offered = $2,000 x 2% = $40
The amount paid = $2,000 - $40 = $1,600