False is correct answer.
Hope it helped you.
-Charlie
Answer:
(1) If discount rate is 7%, present value of $1,400 paid in three years is $3,674.04
(2) If discount rate is 8%, present value of $1,400 paid in three years is $3,607.94
(3)If discount rate is 9%, present value of $1,400 paid in three years is $3,543.81
Explanation:
We can use excel or manually calculate as below:
(1) Discount rate is 7%:
= $1400/(1+7%)^3+$1400/(1+7%)^2+$1400/(1+7%) = $3,674.04
(2) Discount rate is 8%:
= $1400/(1+8%)^3+$1400/(1+8%)^2+$1400/(1+8%) = $3,607.94
(3) Discount rate is 9%:
= $1400/(1+8%)^3+$1400/(1+9%)^2+$1400/(1+9%) = $3,543.81
I attached the calculation in excel for your reference.
The right of ___ is when businesses can compete against each to sell their goods and services to buyers.
I believe it is the right of ||competition|| because it is when businesses ||compete|| against eachother.
Answer:
C-3,395
Explanation:
Since the main purpose of the travel was business (9 days of business against 7 days vacationing), Byron may deduct the expenses related to airfare, as well as 9 days of lodging ($140 per day) and meals ($115 per day) fees. His total expense deduction is:

The answer is alternative C-3,395
.
When sending an electronic email in a business setting, one important element to be considered always is that the contents should be appropriate and with professional tone. You should always be direct with your intentions no more flowery words.