Answer:
$67.1 million
Explanation:
Given that,
Projected benefit obligation at the beginning of 2021 = $51 million
Service cost = $18 million
Retiree benefits = $7 million
Projected benefit obligation at December 31, 2021:
= Beginning of 2021 + Service cost + Interest cost - Retiree benefits
= $51 million + $18 million + (10% × $51 million) - $7 million
= $51 million + $18 million + $5.1 million - $7 million
= $67.1 million
Answer:
rate of technological progress = 8 %
Explanation:
given data
capital net of depreciation = 10 percent
Population growing rate = 2 percent.
solution
we will apply here Golden Rule that is
According to golden Rule level of capital accumulation is in steady state which have the highest level of the consumption
so here rate of technological progress is = 10% - 2 %
rate of technological progress = 8%
and here economy will at Golden Rule steady state
so correct answer is 8 percent
Answer:
Present Value= $18,181.82
Explanation:
Giving the following information:
Savings= $2,000
The machine will then begin to wear out so that the savings decline at a rate of 4 % per year forever.
Interest rate= 7%
To determine the present value of the savings, we need to use the perpetual annuity formula with the decline rate.
PV= Cf/ (i + g)
Cf= cash flow
PV= 2,000/ (0.07 + 0.04)
PV= $18,181.82
ANSWER – TRUE
Most people would rather do away with
their TVs or the Internet than their mobile phones. <span>While for
a fact, television remains the most used media, and the internet is fast catching
up, surveys have shown that most people would still prefer to hold on to their
mobile phones above these two.</span>
The second answer is correct hope that helps
