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Ray Of Light [21]
1 year ago
12

the housing prices in pangea are decreasing by 2% each year. at the beginning of this year, the average house cost $180,000. wha

t will the average house cost after 10 years?
Business
1 answer:
Blizzard [7]1 year ago
8 0

The average house cost after 10 years would be  $147,073.11.

<h3>What will be the average house cost after 10 years?</h3>

The cost of house is reducing with the passage of time. This means that the cost of house in 10 years would be cheaper than it is today.

The formula that can be used to determine the cost of a house in 10 years is:

FV = P (1 - r)^n

  • FV = Future value
  • P = cost of a house today
  • R = rate of decline
  • N = number of years

180,000 ( 1 - 0.02) ^10

180,000 x 0.98^10 = $147,073.11

To learn more about future value, please check: brainly.com/question/18760477

#SPJ1

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Which of these components does a business exclude from its net income under “operating surplus”?
irga5000 [103]

Answer:

Depreciation

non-cash charges

interest on loan

taxes

Explanation:

This is according standard proforma for preparing cash flow statement,interest and taxes are later brought back into the computation for instance interest relates to financing activities while actual tax paid is deducted before arriving at cash generated from operations

3 0
3 years ago
Which one of the following characteristics relates to the cash break-even point for a given project?
kap26 [50]

Answer:

The project never pays back

Explanation:

The break even point in cash is a point where the minimum revenue amount of the firm arise from sales that are needed to generate the business by having the positive cash flows

hence,  the break even point in cash represents that the project will never pays back the invested amount

Therefore all the other options are wrong

6 0
2 years ago
Which of the following could describe a point that lies on an input contract curve? a. An allocation of good X and good Y betwee
kiruha [24]

Answer:

An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box  ( C )

Explanation:

A contract curve is a curve on which the various final allocations of two goods or service between two people are represented and this could be mutually beneficial as well. hence the best description of a point that lies on an input contract curve is An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box

3 0
2 years ago
Under the Uniform Securities Act, which of the following negates a client's right to a civil suit for damages?
mart [117]

Answer:

C) I only.

Explanation:

According to the Uniform Securities Act, A civil case underneath the provisions of the United States must be filed in 3 years of the alleged infringement, or 2 years from the detection of the breach, whatever comes first.

Also, The passing of the consultant or the client doesn't really eliminate a civil liability prima facie case. Waivers to statements agreed to sign by the customer waiving adherence by the consultant with the provisions of this act on which the suit is focused aren't ever legitimate on the examination.

Therefore the option i is correct

8 0
3 years ago
The balance shown in the August bank statement of Colt Company was $23,200 before the bank reconciliation was prepared. After ex
anastassius [24]

Answer:

The answer is letter D

Explanation:

$20.600

5 0
3 years ago
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