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Please help with accounting math homework attached Thank you 1) Alaina is coordinating a fundraiser in her company with a goal of $110,250. There are
Please help with accounting math homework attached
Thank you
1) Alaina is coordinating a fundraiser in her company with a goal of $110,250. There are 160 people working on the first shift, 65 people working on the second shift, and 20 people working on the third shift. Answer parts 1 through 5 about the fundraiser. 1. If each person were to make a one-time donation, how much would each person need to donate for the company to reach the goal? Each person would need to donate $_________? 2.) Travon is a landscape architect who has received a $180,000 budget from the city to build a new park. From experience, Travon knows that the budget is 1/3 for the materials, for the labor, and the remainder for the anticipated profit margin. The space for the park is 400x 600 square feet. The specifications requires 60,000 ft(2) (to the two power) of flower/tree gradens. 15,000 ft (2) (to the two power) of playground equipment. 30,000 ft (2) (to the two power) of walkways, and 112,500 ft(2) (to the two power) of open green space. Answer parts 1 thru 3 about the project. 1) What is the expected dollar amount for materials, labor and profit, and what fraction of the cost does profit represent? Solve for the expected dollar amount for materials and labor. $_________ for materials $________ for labor A landlord wants to work only 10 more years and then retire. The landlord currently has $350,000 in the bank. The landlord plans to purchase a $210,000 apartment complex as an investment. The landlord also plans to invest the other $140,000 and aim to have $1 million between the two investments to retire on. Complete parts 1 thru 5 below. 1) The apartment the landlord purchased has appreciated by 4.5% per year over the last 30 years. Assuming this will continue, what would the future value of the $210,000 apartment be in 10 years? $__________ 1) Alaina is coordinating a fundraiser in her company with a goal of $110,250. There are 160 people working on the first shift, 65 people working on the second shift, and 20 people working on the third shift. Answer parts 1 through 5 about the fundraiser. 1. If each person were to make a one-time donation, how much would each person need to donate for the company to reach the goal? Each person would need to donate $ 450 2. If the person pledged to give their donation divided over 10 months, how much would be paid each month ____? 2.) Travon is a landscape architect who has received a $180,000 budget from the city to build a new park. From experience, Travon knows that the budget is 1/3 for the materials, for the labor, and the remainder for the anticipated profit margin. The space for the park is 400x 600 square feet. The specifications requires 60,000 ft(2) (to the two power) of flower/tree gradens. 15,000 ft (2) (to the two power) of playground equipment. 30,000 ft (2) (to the two power) of walkways, and 112,500 ft(2) (to the two power) of open green space. Answer parts 1 thru 3 about the project. 1) What is the expected dollar amount for materials, labor and profit, and what fraction of the cost does profit represent? Solve for the expected dollar amount for materials and labor. $ 60 000 for materials $_90,00 for labor 2) Solve for the expected profit margin _________? A landlord wants to work only 10 more years and then retire. The landlord currently has $350,000 in the bank. The landlord plans to purchase a $210,000 apartment complex as an investment. The landlord also plans to invest the other $140,000 and aim to have $1 million between the two investments to retire on. Complete parts 1 thru 5 below. The apartment the landlord purchased has appreciated by 4.5% per year over the last 30 years. Assuming this will continue, what would the future value of the $210,000 apartment be in 10 years? $ 326,123.58 Calculations for answers 1. Each person would contribute; $ 110,250245 = $ 450 2. Expected dollar amounts; Materials 1/3 180 000 = $ 60,000 Labor 1/3 180 000= $ 90,000 Profit margin 1/3 180 000=$ 30,000 3. Future value FV = Present Value (PV) (1+interest rate) n FV = PV (1+r) n $210,000 (1+4.5%) 10 $210,000 (1.045)10 $210,000 (1.553) Future value= $326,123.58
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