Find the Present Value of the Future Value $$\mathrm { S } ( \mathrm { t } ) = \mathrm { se } ^ { - 0.018 \mathrm { t } }$$

question 461

Multiple Choice

Find the present value of the future value.
- $$\mathrm { S } ( \mathrm { t } ) = \mathrm { se } ^ { - 0.018 \mathrm { t } }$$ , where s is the initial amount in grams and t is the time in years since this initial amount was present. If you have a 76-gram piece of this element,
How many grams will you have 4 years from now? Round your answer to the nearest tenth of a
Gram.

• A) 0.9 g
• B) 81.7 g
• C) 70.7 g
• D) 37.3 g

---

Definitions:

Process Costing

A costing method used for homogeneous products that are produced in a continuous process, allocating costs over the entire production run.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

FIFO Process Costing

An accounting method used to evaluate the cost of production, where the first items produced are assumed to be the first sold or used.

Equivalent Units

A concept in cost accounting used to calculate the units produced during a period in terms of fully completed units.