You would most likely use a scanner to input old photos into a computer.
A benefit of adopting the euro as a common currency is that it makes it easier to compare prices across Europe.
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Explanation:</u></h3>
When the same currency type is used in different group of people or different geographic locations, it refers to the common currency. In European Nations the common currency that is being used in Euro and in U.S the common currency used is dollar. There are many benefits that are associated with the usage of common currency.
It helps in reduction of transaction cost, Price transparency, expands markets, enhances the currency stability,etc.In the example given, the prices of roses at different regions of Europe were found to be different. The prices of the rises are expressed in Euros. The use of common currency here facilitates and makes easier to compare prices across Europe.
Answer:
$28,980
Explanation:
The present value can be calculated by multiplying annual cashflows with the discount factor. The table to calculate the Present Value has been made below.
DATA
Annual benefit = $12,000
Discount rate = 7%
Present value =?
Calculation
Year Cash inflows Discount factor Present Value
6 $12,000 0.666 $7,992
7 $12,000 0.623 $7,476
8 $12,000 0.582 $6,984
9 $12,000 0.544 $6,528
Total $28,980
Answer:
15 and 20 feet
Explanation:
The computation of the cost of the material minimized is shown below:
As we know that
Area of rectangle = Length × Width
where,
Length be X
Width be Y
So, the equation is
X × Y = 300 square feet
X = 300 ÷ Y
Now the another equation is
C = 10 × (Y + Y + X) + 5X
C = 20Y + 15X
So we can write
C = 20Y + 15 × 300 ÷ Y
C = 20Y + 4,500 ÷ Y
Now apply the derivatives
So,
DC ÷ DY = 20 - 4,500 ÷ Y^2 = 0
20Y^2 = 4,500
Y = 15
So X = 20
The C = Cost
