Answer: $31,513.65
my monthly payment (principal) would be closest to $31,514
Explanation:
Using compound interest formula below to find the principal
A = p (1 + r/n)^nt
A= amount = $34,000
r = annual nominal rate = 1.9% = 0.019
n = number of compounding ; monthly compounding means 12 interest payments in a year
P= principal
t= time in years 48months = 48/12years = 4years
34,000 = p (1 + 0.019/12)^12(4)
34,000 = p (1 + 0.00158333333)^48
34,000 = p ( 1.00158333333)^48
34,000 = 1.07889755p
Divide both sides by 1.07889755
P = $31,513.6502
≈$31,514 to nearest whole number.
Answer: Decline in GDP = $1009.3 billion
Explanation:
Okun's law shows us the relationship between a nation's unemployment rate and its level of output or real GDP.
According to the Okun's law,
Therefore, a 7% decline in GDP as compared to the level in 2009 means,
= 1009.33 billion or 1009.3 billion
Thus, GDP declined by $1009.3 billion.
<span>the reason why taxes are paid to different levels of government in the united states is because Different levels of government supply different services.
In order for them to do these different services, they need financial backing to pay up their employee, which mostly acquired through our tax payments.</span>
Dole has a legal right of way through Carr's property because the easement follows the land and not the owner.
The Indian Easements Act of 1882's Section 4 defines the term "easement." According to Section 4's guidelines, an easement right is a privilege that a landowner or occupier has over another piece of property that is not his own and that is intended to allow for the beneficial use of the property. Because an occupier or owner cannot completely enjoy his own property without this privilege, it is allowed. It also includes the right to take action or continue to take action in relation to or with regard to some other land, other than his own, for the pleasure of his own land.
To learn more about Easement across property here
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Answer:
c. $135,000
Explanation:
We will compare the contribution per machine hour as machine hours are limited.
Computing contribution per machine hour
Product X Y
Contribution per unit $24 $18
Machine hours per unit 3 2
Contribution per machine
hour 
= $8 = $9
Since contribution per machine hour is higher of product Y, thus maximum production of Product Y will be done, in that case total units that can be produced of Y = 15,000 hours/ 2 hours per unit = 7,500 units
Total contribution = 7,500 X $18 per unit = $135,000
Thus correct option is c. $135,000
