Year Annual cost PV factor at 12% Present value
1 $1,800,000 0.893 $1.607,400
2 $1,800,000 0.797 $1,434,600
3 $1,800,000 0.712 $1,281,600
4 $1,800,000 0.636 $1,144,800
5 $1,770,000 0.567 $1,003,590
6 $1,740,000 0.507 $882,180
7 $1,710,000 0.452 $772,920
8 $1,680,000 0.404 $678,720
9 $1,650,000 0.361 $595,650
10 $1,620,000 0.322 $521,640
Present worth $9,923,100
Answer:
A. That money earns interest when the bank loans it out.
Explanation:
Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.
Let's look at the phrase "<span>the memory of the human race?".
Memories are usually belonging to one specific human, and stored in their brain. The human race doesn't literally have a memory, so this must be a metaphor.
This metaphor might mean what the human race, as a total, can remember and have access to.
So just like we remember what happened last Tuesday, the human race can find the information in a library about what happened in 1912- in this way, a library and a memory are similar, so a library is truly a memory of the human race.
</span>
Answer:
The correct answer is "key assumption"
Explanation:
In a business plan, the term key assumption refers to the sum of the plan, workforce, place, time and all the resources that you need to manage your business. Every business plan is filled with assumptions.
The objective is to identify is a project would be profitable or not,
Usually, investors use the key assumptions, before they decide to put in money.
Fees- Everything has a cost. Especially institutions, that are public.
Minimum Balance needed in an account-
If you are considering to buy anything, be sure to know your average amount of dollars you have, to know how much money you can spend. Be sure to have some left over.
Interest rates- The percentage you are being charged for. Be sure to have money left over for it.
Services- Pick the best services.
