Answer:
(a) $50,980.35
(b) $5,129.90
(c) $2,400
(d) $50,980.35
(e) $5,129.90
(f) $2,400
Explanation:
A constant payment for a specified period is called annuity. The future value of the annuity can be calculated using a required rate of return.
Formula for Future value of annuity is
F = P * ([1 + I]^N - 1 )/I
P =Payment amount
I = interest rate
N = Number of periods
(a) $1,000 per year for 16 years at 14%
F = $1,000 x ([1 + 14%]^16 - 1 )/14%
F = $50,980.35
(b) $500 per year for 8 years at 7%
F = $500 x ([1 + 7%]^8 - 1 )/7%
F = $5,129.90
(c) $600 per year for 4 years at 0%.
F = $600 x 4
F = $2,400
(d) $1,000 per year for 16 years at 14%
F = $1,000 x ([1 + 14%]^16 - 1 )/14%
F = $50,980.35
(e) $500 per year for 8 years at 7%
F = $500 x ([1 + 7%]^8 - 1 )/7%
F = $5,129.90
(f) $600 per year for 4 years at 0%.
F = $600 x 4
F = $2,400
Answer: Human resources.
Explanation:
Competitive advantage of a business is the key qualities a business possesses, that makes the business products more desirable to the consumers than that of it's competitors in the market.
The Competitive advantage, The Place has over it's competitors is it's talented human resources.
It is easy to start a mma investment
Answer:
(2)
Explanation:
"Although" Implies that even though her request was denied, she will begin something else in two weeks. "But" makes it sound like a negative thing, even though it isn't
Answer:
A recession
Explanation:
A recession is a period of slow or negative economic growth that lasts several months. In a recession, there is a general decline in productivity in the economy. In other words, the GDP growth rate drops too low or turns negatives.
Due to low productivity, unemployment rate rises as the industries and services sectors lay-off workers instead of creating job opportunities. There is reduced consumer confidence leading to low retail sales and a decline in prices.
Negative growth implies reduced levels of investment in the economy. Businesses experience low profits, and hence, stock prices fall. Economist considers recessions a part of a normal business cycle.