Enable contrast version

Tutor profile: Jennifer K.

Inactive
Jennifer K.
Full-Time Business Specialists and Accounting Professor w/ 7+ Years Exp.
Tutor Satisfaction Guarantee

Questions

Subject: Finance

TutorMe
Question:

If we invest $500 in the bank at the end of each year for the next 5 years, how much will we have in the bank by the end of the 5 years, assuming a 6% interest rate in the market?

Inactive
Jennifer K.
Answer:

Using the FV of an ordinary annuity table, we would find the FV (i=6%, n=5) factor to be 5.6371. Using this FV factor, we would find that we will have $2,818.55 (5.6371 * $500) in the bank at the end of the 5 years.

Subject: Accounting

TutorMe
Question:

If we started the month's production with 100 units of direct materials, ended production with 50 units of direct materials, and used 600 units of direct materials for the current month's production, how many direct materials were purchased throughout the month?

Inactive
Jennifer K.
Answer:

The direct materials purchased was 550 units. The direct materials formula is shown below: Beginning Direct Materials + Purchases - Direct Materials Used = Ending Direct Materials 100 + X - 600 = 50 We need to isolate X (purchases) 100 + X - 600 = 50 100 + X = 650 X = 550

Subject: Algebra

TutorMe
Question:

Solve for X: 100 + 4x = 500

Inactive
Jennifer K.
Answer:

After solving, you should find that X = 100. The solution is broken down below: 100 + 4x = 500 We want to isolate X by subtracting 100 from both sides to give us: 4X = 400 We want to continue to isolate X by dividing both sides by 4 to get: x = 100

Contact tutor

Send a message explaining your
needs and Jennifer will reply soon.
Contact Jennifer

Request lesson

Ready now? Request a lesson.
Start Lesson

FAQs

What is a lesson?
A lesson is virtual lesson space on our platform where you and a tutor can communicate. You'll have the option to communicate using video/audio as well as text chat. You can also upload documents, edit papers in real time and use our cutting-edge virtual whiteboard.
How do I begin a lesson?
If the tutor is currently online, you can click the "Start Lesson" button above. If they are offline, you can always send them a message to schedule a lesson.
Who are TutorMe tutors?
Many of our tutors are current college students or recent graduates of top-tier universities like MIT, Harvard and USC. TutorMe has thousands of top-quality tutors available to work with you.