Answer:
$4,021 two years ago
Explanation:
Given that
The Rate of interest is 10%
And as we know that
PV = FV × (1 + i)^(-n)
And
FV = PV ÷ (1 + i)^n
where,
PV = prsent value,
FV = future value ,
i = interest rate,
n = years
Now
a)
FV = $4,545 × (1.1)
= $4,999.5
b)
PV = $5,500 ÷ (1.1^-1)
= $5,000
c)
FV = $4,021 × (1.1^2)
= $4,865.41
d)
PV = $6,050 × (1.1^-2)
= $5,000
hence, the correct option is c. $4,021
It is wrongly written as $4,012
Answer:
10th amendment
Explanation:
The Tenth Amendment specifically grants those rights to the States that the Constitution neither assigns to the federal government nor forbids the Member States. The Tenth Amendment doesn't really place any clear restrictions on the power of the federal government, although an effort has been made to do so.
Answer:
To start a job today that would permit you to earn about 50 percent more than you expected to make after graduation.
Explanation:
Opportunity cost is the cost of best next option foregone for choosing the current option. Here, the best opportunity foregone is of earning and starting the job today which will allow to earn 50 % more than what can be earned after completing the graduation, as already for graduation fees will be paid, along with further expenses. In that case if dropping graduation and starting a job was this beneficial then it would have been better.
Therefore the following has increased the opportunity cost of pursuing graduation.
to start a job today that would permit you to earn about 50 percent more than you expected to make after graduation