The statement about the Dodd-Frank Act containing the Volcker rule is a False statement.
Within the country of the United States various acts and measures have been taken by the United States government to increase the efficiency of the economy. The Dodd-Frank Act is one of those measures that intends to improve the economy. This Act was launched by the government of United States in order to bring more transparency in the system of economy within the United States. This act also enhances the financial accountability and improves the financial stability of the Us economy. The Volcker rule is used to prohibit the banks from certain investment activities within their own accounts. So it is wrong to say that this rule allows financial institutions to increase investments.
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Complete Question:
The Dodd-Frank Act contains the Volcker Rule, which encourages financial institutions to allow for more speculative investments for average investors.
True or False
ark weinstein has been working on an advanced technology in laser eye surgery. his technology will be available in the near term. he anticipates his first annual cash flow from the technology to be $225,000, received two years from today. subsequent annual cash flows will grow at 3.2 percent in perpetuity. what is the present value of the technology if the discount rate is 10.1 percent?
the present value of the technology, considering the annual cash flows that will grow at 3.2% in perpetuity, is $6,077,273.
What is growing perpetuity?Present value is used in calculating perpetuity. Securities or cash flows that continue to pay out indefinitely are known as perpetuities. A rising perpetuity is a cash flow that is projected to continue growing at the same pace eternally in addition to being expected to be received indefinitely. Such an investment would be deemed a perpetuity if, for instance, your company had a £1,000 investment that you anticipate would always pay off. A rising perpetuity, on the other hand, is one in which you anticipate receiving £1,000 in the first year and the investment will grow at a rate of 5% over time.
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sandee is an oregon real estate broker. she wants to run her own show. what is the traditional way to fulfill the experience requirement to obtain a principal broker's license?
To become an Oregon real estate agent, you must: That he has been an active real estate agent for at least three years.
Principal/Designated Broker: Oregon real estate company has clients/commissioned brokers. This person will oversee all of the company's licensed real estate agents and ensure that they operate in accordance with state and national real estate laws.
A person who leases property owned by others to the public for a fee & a person who assists the owner only for a fee in finding potential tenants for the owner's rental property.
A assets control settlement should include, however isn't confined to:
Address of the owner's property. your obligations and responsibilities. Owner's Obligations and Responsibilities. A specific fee paid by the owner.
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aaron would like to deposit 10% of his paycheck into a retirement account each month so that he can retire comfortably. he is choosing between putting that money into his company's 401(k) plan or his own roth ira account. which one should he use?
He should invest in a 401(k) because, unlike an IRA, which only includes the employee's contribution, the employer will frequently match (or contribute toward) the amount you donate. By making 401(k) contributions, he would thus be able to save more money (k).
What is a company's 401(k) plan?A 401(k) plan is a qualifying plan that enables employees to decide to have their company contribute a percentage of their wages to an individual account under the plan. A profit-sharing, stock-bonus, pre-ERISA money-purchase pension, a rural cooperative plan, or a pre-ERISA money-purchase pension could be the underlying plan. Despite the fact that both plans offer retirement income, the rules for how each is managed vary. Employer retirement accounts include 401(k)s. A personal retirement account (IRA) is one.Both your employees and your company can gain a lot from a 401(k) retirement plan that is sponsored by your company. Small businesses can better meet the rising standards of their workforce and keep top talent by providing 401(k) plans. The tax benefits and deductions available to businesses that provide 401(k) plans are sizable.To learn more about company's 401(k) plan refer to:
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e. in which direction and by what amount will unplanned investment change as the economy moves from the $380 billion level of gdp to the equilibrium level of real gdp?
$8 billion was unanticipatedly invested. In order to raise the real GDP to match the amount of total spending, the economy would apparently need to receive an additional $8 billion in investments.
What is Actual investment at $380 billion of GDP?The amount by which savings surpass or fall short of the investment constitutes the unplanned investment. As the difference between the two, it is calculable.Savings minus planned investment equals unplanned investment.The economy needs more investment if saving outpaces planned investment, and vice versa, if unplanned investment outpaces planned investment.Planned investment, on the other hand, refers to the sum of cash added to the economy in order to bring it to balance.Because saving is $8 billion greater than planned investment (24 - 16 = 8), projected investment falls short.Together, planned and unforeseen investments make up the total amount invested. Savings are equal to genuine investment, in other words. It is the sum that, in a perfect world, would be injected into the economy in order to boost real output and make aggregate spending more representative of actual output.Investment total equals planned investment plus unplanned investment.The real investment level of $380 yields $24 billion (= 16 + 8), which is the level of output.To Learn more About real GDP refer To:
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at the beginning of year 2, a company invested $40,000 in a marketable equity security. at that time the security was appropriately classified security with readily determinable market value. at the end of year 2, the security had a fair value of $28,500. the change in fair value is deemed temporary. how should this change in fair value be reported in the financial statements?
To determine the fair value change throughout the course of the period, deduct the beginning fair market value from the fair value at the end of the period.
What is a change in fair value?To determine the fair value change throughout the course of the period, deduct the beginning fair market value from the fair value at the end of the period.An unrealized gain or loss is represented as a positive number, while the opposite is true for a negative number. Through unrealized gains or losses, changes in fair value have an impact on the balance sheet's other comprehensive income (OCI). Securities held for trading are ones that will be disposed of quickly (less than a year).A change in fair value affects the net income.
Date Account title and explanation Debit Credit
March 1 Equity investment $32,000
($612,000/17%)*8% - $256,000)
Unrealized holding gain $32,000
(To adjust the value of equity investment)
Note: On 1 march, value of the investment value is increased which is unrealized based on 31 December fair value
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which of the following do organizations use in supplier evaluation and certification processes. a. consumer sales b. logistics c. tracking service quality d. inventory turnover ratio
Potential vendors are evaluated and approved using both quantitative and qualitative criteria in a supplier review. A list of the top providers is being compiled with that as its goal.
The Correct Answer is Option C. tracking service quality.
What is a Supplier Evaluation?A supplier review also looks at the performance of the company's current suppliers in order to cut costs, manage risks, and promote development.To conduct a supplier assessment that takes sustainability practices into account, there are various alternative approaches:Evaluating the knowledge and aspirations of management and staff using questionnaires;Scorecards that evaluate the success of a company's sustainability principles;Inspecting the firm in question on-site with qualified inspectors;Standard certificates issued by other parties.The goal of the EcoVadis supplier assessment is to rate a business's sustainability management system according to its policies, implementation procedures, and outcomes.To Learn more About Potential vendor refer To:
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which generation is often challenged with relying on others to complete a job, which makes it more difficult for them to share leadership?
Baby Boomers are more likely to want to do the work themselves than to rely on someone's leadership who may not have the same work ethic as they have. They tend to see the younger generations as less dedicated to excellence and less willing to work as hard as they do.
A person is said to be in a leadership position when they guide a certain group or community. The purpose of a leader's motivation is to help others reach their goals within a given time frame. In contrast, a leader is always present in an organisation, and strong authority assigns the leader the job of motivating their team to accomplish the desired outcome. Because leaders must motivate their teams, leadership should be a shared process.
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howard, a licensee, has heard about a specialized area of real estate brokerage--the mineral, oil, and gas brokerage. howard is trying to find his niche in the industry and believes this is the direction in which he needs to head. what specialized license does howard need to work with mineral, oil, and gas transactions?
Without a specialized license, Howard is able to work in the oil, gas, and mineral industries.
What do we mean by a License?A formal authority or approval to do, use, or own anything is known as a license (or license) (as well as the document of that permission or permit).
As a component of their agreement, one party (the licensor) grants a license to another party (the licensee).
In the case of a government-issued license, obtaining one requires applying.
Private parties are affected by specific agreements, which are typically in writing (such as a lease or other contract).
So, Howard can work with mineral, oil, and gas trades without a specialist license.
Therefore, in the given situation without a specialized license, Howard is able to work in the oil, gas, and mineral industries.
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when kenneth's u.s.-based company was going through a dispute with an affiliate in germany, the case was tried on german law, as the two parties had agreed to in their original contract. this example demonstrates the choice-of-
when Kenneth's U.S.-based company was going through a dispute with an affiliate in Germany, the case was tried on germen law, as the two parties had agreed to in their original contract. this example demonstrates the choice-of- International law.
Which kind of law describes the set of regulations that countries have committed to uphold?International law is a body of rules and principles that regulates how states and people interact with one another, as well as how international organisations interact with one another.
Instead of through legislation passed by a legislature, judges first formed common law through case-by-case court decisions. The decisions of judges, often known as precedent, shape a large portion of the law in this system.
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the theory of contestable markets places more emphasis than orthodox market structure theories on group of answer choices the issue of entry into and exit from an industry. the number of sellers in an industry. who has access to relevant information. the type of product produced in an industry.
The theory of contestable markets places more emphasis than orthodox market structure theories on the issue of entry into and exit from an industry, the number of sellers in an industry, and who has access to relevant information.
What is contestable markets?Contestable markets are markets in which firms can enter or exit easily and quickly. This means that firms can enter or exit the market without facing substantial economic or legal barriers. This type of market structure can lead to increased competition, as firms can enter or exit the market in response to changes in price or other market conditions. Contestable markets are also characterized by low entry and exit costs, few restrictions on entry or exit, and a lack of significant market power. This type of market structure is beneficial to consumers, as it encourages competition and promotes efficient pricing.
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what are the four types of prepared financial statements? which one do you think would be most favored by potential buyers of companies?
Answer:
There are four main types of prepared financial statements: income statement, balance sheet, cash flow statement, and statement of changes in equity.
An income statement shows a company's revenues and expenses over a period of time, such as a month or a year. It helps to show if a company is making a profit or a loss.
A balance sheet shows a company's assets, liabilities, and equity at a specific point in time. It helps to show a company's financial position.
A cash flow statement shows how much money a company is bringing in and spending over a period of time. It helps to show a company's liquidity.
A statement of changes in equity shows how a company's equity has changed over time. It helps to show how much money a company has invested in itself and how much money it has paid out to shareholders.
The most favored statement by the potential buyers of companies would be the cash flow statement, because it shows how much money a company has coming in and going out, and it helps to predict the company's future financial health.
Which of the following terms refers to a customer's evaluation of the difference between all the benefits and all the costs of a market offering relative to those of competing offers?
Customer perceived value refers to a customer's evaluation of the difference between all the benefits and all the costs of a market offering relative to those of competing offers.
Gathering customer feedback is a crucial part of running a successful business. It helps us understand the customer experience and gain insight into what they want and need. Through customer evaluation, we can better identify areas where we need to improve and create better strategies to reach our customers.
We value our customers' input and use their evaluation to refine our services, products, and overall customer experience. With customer evaluation, we are able to continue to provide our customers with the best possible service.
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order the correct steps of the demming cycle: select one: a. plan, do, check, act b. plan, act, do, check c. act, do, check, plan d. plan, check, do, act
For continuous improvement, Edwards Deming employed a four step procedure that is more like a cycle: PLAN, DO, CHECK, ACT.
The Deming Cycle is well-known for what?The approach was popularized in the 1950s by Dr. W. Edwards Deming a renowned quality-control expert and writer in Deming's 14 Points, who took Shewhart's linear, 3 process and modified it into the iterative, multiple circle and cycle we are all well-known today. The Deming Cycle was then named after this.
Why is the Deming Cycle pivotal?The Pdca Cycle is a basic yet effective method for resolving ongoing and new issues in any industry or system. Its iterative methodology allows the project leader and his team to try solutions and assess outcomes in a cycle of continuous improvement of quality.
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The 5% markup policy applies when a member is acting as: a. An investment banker b. A mutual fund underwriter c. A broker-dealer in the OTC market
When a member acts as a dealer while selling particular security from inventory, the 5% markup policy is in effect.
What does inventory mean?Inventory refers to all the products, services, and supplies that a business keeps on hand with the intention of reselling them for a profit. Example: In the event that a media vendor uses a vehicle to deliver newspapers to customers, only was magazine will just be treated as inventory. The vehicle will be regarded as an asset.
What do inventory talents entail?An inventory of capabilities seems to be a list of such skills, education, and job experience that current employees have. Organizations use these inventories to determine whether the current workforce is capable of achieving their goals. Considering the company's current talent pool and anticipated skill requirements supports strategic plan operations.
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brandy is a frequent shopper at rei. she reluctantly purchases a pair of climbing shoes that are more expensive than she would like. after a month of frequent use, brandy regrets her purchase and decides to return the shoes. rei gladly accepted the worn shoes because of its 100% satisfaction guarantee which allows customers to return products up to one year after purchase. this is an attempt by rei to reduce what type of cost?
This is an attempt by REI to reduce customer acquisition costs. REI's 100% satisfaction guarantee allows customers
Like Brandy to return products up to one year after purchase, which helps to increase customer satisfaction and reduce the likelihood of customers shopping elsewhere. This can ultimately lead to increased customer loyalty and repeat business, which can lower the cost of acquiring new customers over time. Additionally, by accepting the worn shoes, REI will be able to sell them again as used shoes and recoup some of the costs.REI is making an effort to cut costs associated with acquiring new customers. Due to REI's 100% satisfaction guarantee, consumers like Brandy are able to return items up to a year after purchase, which contributes to higher customer happiness and fewer chances that customers would shop elsewhere. The cost of gaining new consumers may eventually decrease as a result of greater client loyalty and repeat business. In addition, by taking the old shoes, REI will be able to recuperate part of the expenditures by selling them as used shoes.
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Balance on car loan Balance on student loans Cash in checking account Clothing purchases Current value of automobile Donations Entertainment Food expenses - monthly Home computer Household possessions $2,250 $8,460 $1,080 $225 $9,850 $50 $175 $365 $2,100 $4,500 Light, gas & water bill $90 Given this data, what is this person's monthly outflow?
This person’s monthly cash outflow is $1,985.
What is Cash Outflow?Cash outflow refers to all of the expenses paid out by you. Cash outflow includes any debts, liabilities, and operating costs– any amount of funds leaving your total cash. A healthy business maintains a positive cash flow by keeping flows from operating low and minimizing long-term debts.
To calculate the total monthly cash outflow, simply add the total monthly cash spent.
Cash in checking account = $1080, Clothing purchases = $225, Donations = $50, Entertainment = $175, Food expenses = $365, Light, gas & water bill = $90.
Monthly outflow = $1080 + $225 + $50 + $175 + $365 + $90 = $1,985.
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a buyer wants to purchase a home for $160,000 with a 15% down payment. the lender charges 2 points. how much money does the buyer need up front to make the purchase?
The buyer will require $26,720 in total up advance to complete the transaction.
What does a business purchase mean?The quantity of items a corporation purchased throughout the course of this year is known as purchases in accounting. It also relates to details on the kind, caliber, amount, and pricing of purchased products that should be preserved. They are included in the stock.
The amount of the deposit
The amount of down payment = Purchase price of the home x 15%
= $160,000 x 15%
= $24,000
The fees assessed by the Lender
The charges made by the lender = [Purchase price – Down payment] x 2%
= [$160,000 - $24,000] x 2%
= $136,000 x 2%
= $2,720
Consequently, the total amount of money required by the buyer to complete the transaction is = Down payment made + Charges made by the lender
= $24,000 + $2,720
= $26,720
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A total materials variance is analyzed in terms of
Group of answer choices
O price and quantity variances.
O buy and sell variances.
O quantity and quality variances.
O tight and loose variances.
A total materials variance is analyzed in terms of quantity and quality variances.
What are materials variance?Material Variances are a reflection of how far real material costs deviate from the benchmarks. These variations in material costs may be the result of changes in the cost, amount, or composition of the materials utilised, as well as the results obtained. Formula for Material Cost Variance: (SQ * SP) - (AQ * AP) = Standard Cost - Actual Cost. This represents the discrepancy between the actual cost of direct materials and their predicted (or typical) cost. It is helpful for figuring out whether a company would be able to incur material expenditures at levels that are close to what it had anticipated.
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all of the people, including its employees, neighbors, customers, and suppliers, who may gain or lose by the activities and policies of a business are known as:
All of the people, including its employees, neighbors, customers, and suppliers, who may gain or lose by the activities and policies of a business are known.
What is a better word for Including?Some common synonyms of include are comprehend, embrace, and involve. While all these words mean "to contain within as part of the whole," include suggests the containment of something as a constituent, component, or subordinate part of a larger whole.
What is an example of a business?An economic institution known as a business produces and/or distributes goods and services with the goal of making money and accumulating wealth. Regardless of the type of company, whether it be a solo enterprise, a Hindu undivided household, or a partnership enterprise.
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Shifts in supply or demand I The following oraph shows the market for hot dogs in Detroit, where there are over 1,000 hot dog stands at any given moment. Suppose a new scientific study shows that Detroit is the most polluted city in the world. Due to health concerns, a significant number of families move out of the city Show the effect of this change on the market for hot dogs by shifting one or both of the curves on the following graph, holding all else constant
The term "supply" refers to the overall quantity of a certain commodity that is made available to the market for consumption.
Demand and supply have a strong relationship that influences market equilibrium, which determines the number of items available on the market and their selling prices.
The supply is graphically represented, and the supply curve, which is represented as an upward-sloping line, maps the link between price and quantity.
Market demand, financial limitations, customer preferences, and governmental policy all affect supply.
Despite the fact that there are different types of supply, supply is frequently divided into short-term and long-term supply.
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a 5 year $1,000 par 3 1/2% treasury note is quoted at 98-4 - 98-9. the note pays interest on jan 1st and jul 1st. a customer buys 1 note at the ask price. what is the current tield, disregarding commision
The customer buys 1 note at the asking price of 98.9, so the current yield is 7.11%
The current yield of a bond is the annual interest payment divided by the bond's current market price.
The quoted price of the bond is 98-4 - 98-9, which means it is being sold at 98.9% of its face value.
The face value of the bond is $1,000 and the bond pays 3 1/2% interest on January 1st and July 1st.
To calculate the current yield, we need to determine the annual interest payment.
The bond pays 3 1/2% interest every six months, so to find the annual interest we need to multiply the interest rate by the face value of the bond and then multiply that by 2.
3.5/100 * $1,000 = $35
2* $35 = $70
Now we can calculate the current yield by dividing the annual interest payment by the bond's current market price.
$70 / ($1,000 * 98.9/100) = 0.0711 or 7.11%
The customer buys 1 note at the asking price of 98.9, so the current yield is 7.11%
It's important to note that the current yield is only one aspect to consider when evaluating a bond investment and that other factors such as credit risk, maturity, coupon rate, and liquidity also play a role in the overall return of the bond
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Communist countries worked on the premise that government officials were in the best position to allocate the economy’s scarce resources.a. Trueb. False
Communist nations operated under the theory that decision-makers in the government were in the best position to distribute the economy's limited resources. It's accurate.
A system of interconnected production, consumption, and trade activities is called an economy, and it ultimately determines how resources are distributed among all of the players. To meet the requirements of persons residing in and participating in the economy, commodities and services are produced, consumed, and distributed.
The majority of the US economy is market-based. Producers choose what is produced and sold, as well as the pricing to charge. Producing what customers want and charging what customers are willing to pay are prerequisites for success.
Prices and overall production are governed by the principles of supply and demand through these choices. Production typically expands to meet demand when customer demand for a particular product rises. Prices grow as a result of the higher demand, and eventually consumers become uncomfortable and reduce their purchases. Prices will then start to drop along with the reduction in demand for the goods.
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you're doing a cma on a two-bed, two-bath property with a pool. in your area, bedrooms are worth $15,000, bathrooms $7,000, and pools $10,000. comp a is a three-bedroom, two-bath property without a pool that sold recently for $350,000. what adjusted value should you use for comp a?
Adjusted e book cost is the measure of a company's valuation after liabilities—including off-balance sheet liabilities—and property adjusted to reflect authentic fair market value.
What is adjusted asset value?Adjusted net asset cost represents management's estimate of the truthful value of the collaborating shareholders' fairness of the Corporation. Adjusted net asset value is the honest price of the property of the blended Power Corporation and Power Financial retaining organization stability sheet less their net debt and favored shares.
Adjusted Book Value, also recognized as modified book value, measures the net price of a employer after liabilities and belongings have been adjusted to reflect fair market value.
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https://brainly.com/question/29429160#SPJ4is an economic theory designed in which the means of generating wealth are owned by the government, and wealth is redistributed to citizens, primarily in the form of social programs like health care or education.
An alternative economic system is socialism. In socialist nations, the government, rather than private individuals, owns the means of producing wealth, such as factories, vast farms, and banks.
In layman's terms, what is socialism?In general, socialism refers to a political and economic system in which the state or government typically controls property and the means of production. The foundation of socialism is the notion that a more equitable society results from shared or public ownership of resources and production tools.
How do communism and socialism differ?The primary distinction between the two ideologies is that under communism, the majority of assets and economic resources are owned and managed by the state (as opposed to individual citizens), whereas under socialism, everyone has an equal share of the economic resources distributed by a democratically elected government.
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tania earns $16 per hour at the glendale forrest. she regularly works 40 hours per week. she is paid time-and-a-half for each hour of overtime work. last week she worked 43 hours. what was her gross pay for the week?
$640 is how much she will make in in regular hours. Step-by-step explanation: Create an equation from the word problem and solve.
What does regular hour mean?According to the Fair Labor Standards Act (FLSA), "nonexempt" workers are limited to 40 regular hours per workweek. A work week is described as a consistent seven-day, 168-hour period of time that is agreed upon and understood by both the employer and the employees. It can start on any day and at any time of the day, but it never varies from one week to the next. A nonexempt worker must receive compensation at a rate of 1.5 times their regular hourly wage for any overtime they put in during a workweek.
Calculation:
The time for Tania work overtime is,
43-40=3
The pay for the overtime work for an hour is,
2×16=32
Determine the gross pay of the week.
=40×16+3×32
=640+96
=736
So gross pay for the week is $736
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explain one way in which interregional trade systems stayed the same after the inclusion of the americas in the global economy.
After America was integrated into the global economy, interregional trade mechanisms remained unchanged through the slave trade.
Transport of enslaved Africans by slave dealers, mostly to the Americas, was known as the Atlantic slave trade or Euro-American slave trade. The triangular trade route's Middle Passage was commonly utilized in the slave trade between the 16th and 19th centuries. The vast majority of those who were transported in the transatlantic slave trade were people from Central and West Africa who had been sold by other West Africans to Western European slave traders, while others had been directly captured by the slave traders in coastal raids. Europeans gathered and imprisoned the enslaved at forts on the African coast, then brought them to the Americas.
European slave dealers, with the exception of the Portuguese, did not typically take part in the raids since, during the slave trade era, the average lifespan for Europeans in sub-Saharan Africa was less than one year.
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esearch has shown that the of debt is necessary if developing countries actually have a hope of developing. a. cancellation b. repayment c. disbursement d. none of these
Research has shown that the Cancellation of debt is necessary if developing countries actually have a hope of developing.
Option A is correct .
What is debt cancellation (COD)?The process by which a creditor releases a debtor from a debt obligation is known as cancellation of debt (COD). Debtors may be able to directly negotiate debt forgiveness with creditors. They can also get rid of their debt by filing for bankruptcy or participating in a debt relief program.
Is Debt Cancellation Beneficial?Your credit may already be in bad shape in a debt settlement situation, and settling can further harm it. On the other hand, most of the time, debt cancellation doesn't hurt your credit score. However, you may be required to declare the debt as income on your tax return in either scenario.
What happens when debt is paid off?If your debt is canceled, forgiven, or discharged for less than the amount you must pay, you generally have cancellation of debt income. The amount of the canceled debt is taxable, and you must report it on your tax return for the year the cancellation occurs.
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purchases inventory with a net price of $350,000 each day. the company purchases the inventory under the credit terms of 1/15, net 30. app always takes the discount but takes the full 15 days to pay its bills. what is the average accounts payable for app? round your answer to the nearest dollar.
The average accounts payable for APP would be $350,000 x (30 - 15)/360 = $9,583.33. Rounded to the nearest dollar, this would be $9,583.
What is average accounts payable?Average accounts payable is a measure of a company's outstanding obligations to suppliers for goods or services that it has purchased on credit. It is calculated by taking the total amount of money that the company owes to its suppliers at a given point in time, and dividing that amount by the number of days in the period being considered. It is an important metric for understanding a company's liquidity and its ability to pay its bills on time. Average accounts payable is often used in conjunction with other financial metrics, such as average days payable outstanding, to get a complete picture of a company's accounts payable management.
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ashley bakery expects its marginal cost curve will eventually slope upward, because in baking there is/are: * 1 point constant opportunity costs. a maximum efficient scale. constant returns to scale. decreasing opportunity costs. diminishing marginal returns.
Ashley bakery expects its marginal cost curve will eventually slope upward because in baking there is/are: diminishing marginal returns.
What is Marginal Cost?The marginal cost is the increase in production costs brought about by producing more units of a product. It is also known as the marginal cost of production or MCP. By calculating the marginal cost, businesses can determine how volume output affects costs and profits.
The term "marginal cost" refers to the additional cost of producing an additional product. Let's say that making 100 tires for a car costs $100. To produce one additional tire, would cost $80. The following is then the marginal cost: how much it costs to produce an additional unit of a good or service. Production costs determine the marginal cost.
The formula for determining the marginal cost is as follows: The difference between the change in costs and the change in quantity is the marginal cost. Example: Examine the following data to determine the marginal cost: Quantity of currently manufactured units.
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aubrey invested $150 in an account paying an interest rate of 6(5/8%) compounded monthly. miguel invested $150 in an account paying an interest rate of 6(1/4%) compounded daily. after 7 years, how much more money would aubrey have in her account than miguel, to the nearest dollar?
$5.88 more money would Aubrey have in her account than Miguel, to the nearest dollar. An asset's future value is its value on a particular date in the future.
Given,
For Aubrey's investment:
Principal amount (P) = $150
Annual interest rate (r) = 6(5/8)% = 6.625% = 0.06625 (in decimal form)
Number of compounding periods per year (n) = 12 (compounded monthly)
Number of years (t) = 7
For Miguel's investment:
Principal amount (P) = $150
Annual interest rate (r) = 6(1/4)% = 6.25% = 0.0625 (in decimal form)
Number of compounding periods per year (n) = 365 (compounded daily)
Number of years (t) = 7
Required to calculate the difference in the future values of Miguel's investment and Aubrey's investment.
The required calculations are shown in the file given attached below.
Therefore, after seven years, Aubrey and Miguel's accounts would be about $5.88 different in value.
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