Answer:
The equivalent present worth of the series is $4,182.21
Explanation:
Fix periodic payments for a specific period of time are annuity payment and the payments made at the start of each period is known as advance annuity.
As per given data
Inflation per year = 18.3% / 5 = 3.66%
numbers of period = 5 years
Payment per period = $897.63
Use following formula to calculate the present value of annuity payments
PV of annuity = P x ( 1 - ( 1 + r )^-n / r
Where
P = Payment per period = $897.63
r = rate in of interest = 3.66%
n = numbers of periods = 5 years
Placing values in the formula
Equivalent present worth of the series = $897.63 + $897.63 x ( 1 - ( 1 + 3.66% )^-(5-1) / 3.66% )
Equivalent present worth of the series = $4,182.21
<span>The market structure for which economists have the least precise model of price determination is oligopoly.
</span><span><span>Oligopoly is a market structure in which a small number of firms has the large majority of market share.</span></span>
A because if the person that you hit says you caused it for a reason
<span>practice effects and also collaborating </span>
I would say that all of the following are steps to help you be a good problem solver except B and C. You need to define the problem and then set about creating solutions. For example, if it is becoming too expensive to haul ore out of an open pit because it its too deep so the haulage costs are prohibitive, then a potential solution involves decreasing haulage costs by shortening the haul which can be resolved by extending in pit conveyors and crusher down close to the ore deep within the pit.
