What is the future value (FV) of $20,000 in four years, assuming the interest rate is 4% per year?
A) $15,208.16
B) $19,887.59
C) $23,397.17
D) $25,736.89
Answer: C
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Collecting survey data from a church group would be:
A) an example of improper data collection B) against the AMA's Code of Ethics C) an example of group, self-administered surveying D) a nonrepresentative sample E) a form of dual data collection
A foreign company has offered to buy 85 units for a reduced sales price of $350 per unit. The marketing manager says the sale will not affect the company's regular sales. The sales manager says that this sale will require variable selling and administrative costs. The production manager reports that it would require an additional $30,000 of fixed manufacturing costs to accommodate the specifications of the buyer. If Belfry accepts the deal, how will this impact operating income? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
Belfry Company makes special equipment used in cell towers. Each unit sells for $410. Belfry produces and sells 12,700 units per year. They have provided the following income statement data:
A) Operating income will increase by $8282.
B) Operating income will decrease by $8282.
C) Operating income will increase by $29,750.
D) Operating income will decrease by $21,719.
The Japanese 1986 Equal Employment Opportunity Act revised in 2006 encouraged companies to:
a. Not ask for information about felony conviction in initial application b. Eliminate existing gender gaps and discrimination in their workforce c. Increase the pay gap between men and women d. Not review employee social media accounts as a basis for employment
The decision variables for the knapsack problem are defined as the number of items to be included in the knapsack from each of n potential items
a. True b. False