Answer:
Mark will have $19,878.70 at the end of six years
Explanation:
Use the following formula to calculate the present value of cash flows
PV =
Where
A = Investment = $2,000
g = growth rate = 4%
r = 15%
n = 6
Placing values in the formula
PV =
PV = $8,594.11
Now calculate the future value in order to determine the amount Mark will have at the ned of six years
Future value =
Where
PV = $8,594.11
r = 15%
n = 6
Placing values in the formula
Future value =
Future value = $19,878.70
It’s the second option 1 and 4
Answer: Economical requirements
Explanation: Economic requirements refers to the financial and economic position of an economy which affects the preferences and wants of the individuals living in that economy.
In the given case, the company is offering single bar pack as the asian countries do not have high purchasing power as in Canada. If the company offers their regular packages then its price would be high and a large portion of economy might not be able to buy it.
Local governments address this problem by
b. making it illegal to "disturb the peace."
However, enforcement takes valuable resources from fighting crime. The local gov't should have a fine system. First time warning. Second time fine ($50) Third time increased fine ($100). Fourth time, court.