Which of these economic goals is most important in a traditional economy?
A. Growth
Answer:
Explanation:
Let's recall the formula that will be used for calculations
The annual payment on the loan=Present value of a loan/PVIFA
r=7%; n=5
Annual payment on the loan=71500/4.100197=17438.19
OR we can use the financial calculator and input the following data:
PV = 71500; r=7%; n=5; PMT=?
PMT=17438.19
Amortization schedule:
YEAR Beg. balance Total PMT Interest PMT Principal PMT End. Bal.
1 71500 17438.19 5005 12433.19 59066.81
2 59066.81 17438.19 4134.68 13303.51 45763.3
3 45763.30 17438.19 3203.43 14234.76 31528.54
4 31528.54 17438.19 2207 15231.19 16297.35
5 16297.35 17438.19 1140.81 16297.38 0
*5005 = 71500 ×0.07
12433.19=17438.19-5005 and so on...
Answer:
True
Explanation:
Im sorry please forgive me I messed up big time
true
What is Yom Kippur War?
The Yom Kippur War, often referred to as the Ramadan War, the October War, the 1973 Arab-Israeli War, or the Fourth Arab-Israeli War, was a military war that took place between Israel and a coalition of Arab nations commanded by Egypt and Syria from October 6 to October 25, 1973. While there was minor action in northern Israel and African Egypt, the most of the fighting between the two sides occurred in the Sinai Peninsula and the Golan Heights, both of which were conquered by Israel in 1967. Egypt's primary goal in the conflict was to gain control of the Suez Canal's eastern bank and use this position to pressure future negotiations for the restoration of the remaining Israeli-occupied Sinai Peninsula.
Learn more about Yom Kippur War with the help of given link:-
brainly.com/question/1984495
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Answer:
a. 41.6 million
b. 42.28 million
Explanation:
A) GIven
forecast in june = Sjune = 42 million
Checks recived in june = Xjune = 40 million
Smoothing constant = a = 0.2
So for july
Sjuly = a*Xjune + (1-a)*Sjune
=0.2*40 + (1-0.2)*42 million
=8+33.6 = 41.6 million
B) forecast in july = Sjuly = 41.6 million
Checks recived in july = Xjuly = 45 million
Smoothing constant = a = 0.2
So for August
Saugust = a*Xjuly + (1-a)*Sjuly
=0.2*45 + (1-0.2)*41.6 million
=9+33.28 = 42.28 million
<em>Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .</em>
