Answer:
The correct answer is $7,056.46
Explanation:
Giving the following information:
You want to save sufficient funds to generate an annual cash flow of $55,000 a year for 25 years as retirement income. How much do you need to save each year if you can earn 7.5 percent on your savings?
Final value= 55,000*25= 1,375,000
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,375,000*0.075)/[(1.075^38)-1]= $7,056.46
Answer:
The correct answer is $0.16.
Explanation:
According to the scenario, the given data are as follows:
Total cost = $1,000,000
Total units = 5,000,000
Salvage value = $200,000
So, we can calculate the depletion expense per board foot by using following formula:
Depletion expense = ( Total cost - Salvage value) ÷ Total Units
By putting the value, we get
Depletion expense = ( $1,000,000 - $200,000) ÷ 5,000,000
= $0.16
Answer:
An employment agency
Explanation:
An employment agency is a firm whose primary purpose is to connect employers and employees. The agency does not employ people but aims at placing them for employment in other organizations. The agency matches the job opening in organizations and available skills.
In some countries, employment agencies can be government-owned or private businesses. Organizations that employ though agencies will save on time and recruitment costs.
Answer:
B
Explanation:
The capital market serves as an intermediator between households and firms. In a classic economic model, households are owners of capital resources, but firms need these resources to operate. Then, the capital market allows that households rent their capital resources to firms and firms pay them back. It is a beneficial allocation of resources for households and for firms.
Answer:
Sampling plan can be considered as an arrangement of intelligent advances which empowers a specialist to choose sample from the populace and to appraise answer for the current issues.
In the given case revolutionary photo copy machines has been created by an organization. Here the task for the research is to decide or assess that what number of photograph copiers are need that the organizations of City Cleveland may purchase. This can be likelihood samplings techniques can be chosen for building up an inspecting plan. Two likelihood inspecting strategies will be proper for this errand. They are Simple Random Sampling and Systematic Sampling.
The example outline is all around characterized which are the organizations of the city Cleveland. From this example outline the analysts needs to isolate the organizations into bunches into little, medium and huge dependent on the representatives of each organization. Here the specialist should break down each organization. Through straightforward arbitrary sampling the scientist can gather the information of each organization. Here each organization in the example casing will be taken for assessment. Through orderly inspecting the scientist can list the organizations of city Cleveland for investigation. The scientist can choose any organization arbitrarily for examination.
Since the each organization of city Cleveland ought to be considered for examine and each organization must be bunch into three a methodical research is required. In this way the two plans Simple Random Sampling and Systematic Sampling plans are utilized.
