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tangare [24]
3 years ago
7

Question 3 Total expenditure equals price times elasticity? True or False

Business
1 answer:
Advocard [28]3 years ago
7 0
True but I am not sure
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Your boss leaves you a note, asking you to determine the present value of a $1,200,000 payment to be made in six years assuming
shtirl [24]

Answer:

so value of the mistake is $311685.71

Explanation:

given data

present value = $1,200,000

time = 6 year

discount rate = 18%

discount rate = 8%

to find out

What is the dollar value of the mistake

solution

we get here present value that is express as for both rate that is

present value = \frac{FV}{(1+r)^t}

put here value

present value =  \frac{1200000}{(1+0.18)^6}

present value 1 = $444517.85

and

present value =  \frac{1200000}{(1+0.08)^6}

present value 2 = $756203.55

so

difference is $756203.55 - $444517.85

difference is = $311685.71

so value of the mistake is $311685.71

7 0
3 years ago
What is the value of (123)°?​
Maksim231197 [3]

Explanation:

The value refers to the worth of each digit depending on where it lies in the number. We calculate it by multiplying the place value and face value of the digit. Value=Place Value × Face Value. For instance: If we consider a number 45.

5 0
3 years ago
True/False
Eddi Din [679]

Answer:

False

Explanation:

Have you ever heard the phrase "there are lies, [email protected] lies and statistics"?

The only way that a statistical study be 100% confident is that it involves everyone or everything. For example, if you want to carry on a study about how many US college students drive, in order to be 100% confident of the result, you would need to interview all the college students in the country.

7 0
3 years ago
A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios, or other signs of a reduced ability to repa
Andrej [43]
It would be <span>Subprime mortgage loan.
Hope this helps! :D</span>
3 0
4 years ago
Which of the following products is likely to require the most help from a sales person?
Nina [5.8K]

a house, duh, clothing can be hung and stored, potato chips are bagged, a magazine is almost useless, but a house needs plants trimmmed and rooms cleaned and taking care of bugs and such

7 0
3 years ago
Read 2 more answers
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