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Alex
2 years ago
10

Uptown industries just decided to save $3,000 a quarter for the next three years. The money will earn 2.75 percent, compounded q

uarterly, and the first deposit will be made today. If the company had wanted to deposit one lump sum today, rather than make quarterly deposits, how much would it have had to deposit today to have the same amount saved at the end of the three years?
Business
1 answer:
Ber [7]2 years ago
6 0

Answer:

Uptown industries have to deposit today $4,145.

Explanation:

To find the final capital at the end of the third year, we use the compound interest formula:

Final Capital (FC)= Initial Capital (IC)*[(1+interest(i))]^(number of periods(n))

FC=$3000*[1+2.75%]^(12)

FC= $4,145.35

Then, Uptown industries have to deposit today $4,145.

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Which of these statements demonstrate the economic concept of scarcity? check all that apply. all useful resources are limited i
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The following statements describe the economic concept of scarcity:
1. All useful resources are limited.
2.Resources are scarce which explain why we are willing to pay for them.
3. Because of scarcity, individuals must make choices.
In economics, scarcity is the study of how people attempt to satisfy their needs and wants by making choices. The principle of scarcity states that limited goods and services are available to meet unlimited wants.
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1 year ago
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The method of dividing the project scope into many parts that, when combined, would constitute the project deliverable is called
Contact [7]

Answer: b. decomposition

Explanation:

Decomposition is a project management technique that takes the entire project scope and all project deliverables and breaks them down into smaller components which makes it easy to manage.

However, decomposition may lead to more work without much value for the time spent and inefficient use of resources which will eventually lead to decreased work efficiency.

It involves:

1. Gathering of information on project deliverables to evaluate any related risks

2. Start the breakdown process at the highest level.

3. Decompose the higher levels into lower level detailed components.

4. Verify the degree of decomposition of the work if it is necessary and sufficient.

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2 years ago
What is created during the design phase of ADDIE as a vehicle for feedback before moving on to the next stage?
Stels [109]

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c: prototype

Explanation:

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1 year ago
Nola and Charles both own party planning firms in the small town of Trident, IA. Because they are the only party planners in tow
Sonbull [250]

Answer:

Nola and Charles Collusion at Trident, IA.

Helping or Impeding Scenarios:

Helping Scenarios:

4. Nola and Charles are regulars at the same coffee house. They talk regularly

5. Charles and Nola both charge a fixed per person price for a party

Impeding Scenarios:

1. Charles develops a signature appetizer that becomes the must have in Trident

2. A party planning school opens and the new graduates are ready to plan!

3. Nola lowers her price on national television

6. Nola's marginal cost is lower than Charles's.

7. Most of the parties are given by Trident's largest employer, a water bottling plant.

Explanation:

Nola and Charles can only enter a collusion agreement secretly because it is illegal.  Since the agreement is secret, it is not enforceable in the court of law.  The tendency for Nola and Charles to be entangled in the prisoner's dilemma is very high.  It is also not possible for them to protect their collusion for very long because they have different cost bases and core competencies that derail collusion on a sustainable large scale.  Graduates of party organization and other market participants, including the large firm that hosts most of the parties in the area will end the collusion before long.

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2 years ago
Thornton Camps, Inc. leases the land on which it builds camp sites. Thornton is considering opening a new site on land that requ
Alona [7]

Answer:

$20.

Explanation:

So, we have the following important data or parameters the are going to help us or assist us in solving this particular Question or problem.

(1). Total number of customers served campers = 6600.

(2). Rental payment per month = $3,300.

(3). Total number of months = 12 months( that is January to December).

(4). "The variable cost of providing service is expected to be $5 per camper"

So, let us delve right into the solution of the question.

Step one: determine the fixed cost per unit. The fixed cost per unit can be determined by following the formula below;

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Thus, the fixed cost per unit = $3,300 × 12) ÷ 6,600.

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STEP TWO: The next thing to do now is to determine the price it should charge for a camp site in February and August.

Kindly note that this the price that it should charge for a camp site in February and August are going to be the same.

Therefore, the price it should charge for a camp site in February and August = $6 + $5 + $9 = $20.

4 0
2 years ago
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