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nignag [31]
1 year ago
14

In developed countries, at what age do individuals typically become grandparents?

Business
1 answer:
yKpoI14uk [10]1 year ago
8 0

In developed countries, at 40 years of age individuals typically become grandparents.

<h3>What are developed countries?</h3>

A sovereign state that is considered to have a developed economy, a high standard of living, and advanced technological infrastructure is referred to as a developed country.

A developed country, often known as an industrialized country, has a sophisticated economy that is typically gauged by average income per person and/or gross domestic product (GDP). Developed nations have diverse industrial and service sectors as well as cutting-edge technology infrastructure.

The term "developed countries" often refers to wealthy nations, excluding Middle Eastern nations and certain other minor nations. Limitations:

(i) It only addresses the economic element while ignoring issues like peace, health, the environment, lifespan, education, etc.

(ii) The method does not show us how the income is distributed.

To learn more about developed countries refer to:

brainly.com/question/327805

#SPJ4

You might be interested in
Which of these statements is true?
olasank [31]

Answer:

Compound interest will lead to a larger sum of money than a comparable simple interest payment.

Explanation:

The true statement is that compound interest will lead to a larger sum of money than a comparable simple interest payment because the interest are compounded for a certain number of times such as daily, weekly, quarterly or annually while simple interest isn't compounded at all.

To find the future value, we use the compound interest formula;

A = P(1 + \frac{r}{n})^{nt}

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

n is the number of times the interest is compounded in a year.

t is the number of years for the compound interest.

Mathematically, simple interest is calculated using this formula;

S.I = \frac {PRT}{100}

Where;

S.I is simple interest.

P is the principal.

R is the interest rate.

T is the time.

6 0
2 years ago
True or false: one reason for the growth of sponsorships has been the need for companies to break through the clutter of adverti
gizmo_the_mogwai [7]

It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.

<h3>What is the purpose of sponsorships in a firm?</h3>

sponsorships is essential for the firm because it will help them to be able to sponsor their advertisement of their brand so as to bring more profit.

In this case, It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.

Learn more about sponsorships on:

brainly.com/question/1047489

#SPJ1

3 0
2 years ago
1. Suppose two types of firms wish to borrow in the bond market. Firms of type A are in good financial health and are relatively
Olin [163]

Answer:

Type A is 7%, type b is 11%

Explanation:

We have these two firm's as type a and type b

For type A

Interest would be = risk Free rate of 2% + risk free rate of 5% = 7%

For type B

= Risk free rate of 5% + risk free rate of 6% = 11%

I would use the average of this two 9% as interest but this is not going to work for type A because this interest rate is too high. People won't want to pay this much.

8 0
2 years ago
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s Mixing Departme
artcher [175]

Answer:

                     Statement of Cost per equivalent unit

Particulars                                                 Materials        Conversion

Cost of beginning work in process           $8,130             $9,128

Add: Costs added during the month        <u>$226,500</u>        <u>$284,232</u>

Total cost A                                                 $234,630       $293,360

Number of equivalent units B                    <u>   9,900   </u>        <u>   9,400   </u>

Cost per equivalent unit (A/B)                  <u>$23.70     </u>       <u>$31.21      </u>

8 0
2 years ago
New equipment was purchased by Hunter Corporation at a list price of $94,000, with credit terms of 2/10, n/30. Payment was made
IRISSAK [1]

Answer:

$102,240

Explanation:

List price $94,000

Less list price credit term(2%×$94,000)$1,880

Balance $92,120

Add: Discount period $7,800

Delivery charges $940

Labor cost $1,380

Total cost $102,240

Therefore the total cost of Hunter's equipment is $102,240

8 0
2 years ago
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