Answer:
Option A is the more convinient.
Explanation:
Giving the following information:
She wants you to choose which one of the following sets of cash flows you would like to receive:Option A: Receive a one-time gift of $ 10,000 today. Option B: Receive a $1500 gift each year for the next 10 years. The first $1500 would be received 1 year from today. Option C: Receive a one-time gift of $18,000 10 years from today.
We will assume a discount rate of 10%.
Option A:
Present value= $10,000
Option B:
Final value= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1500*[(1.10^10)-1]/0.10= 23,906.14
PV= FV/(1+i)^n
PV= 23,906.14/1.10^10= $9,216.85
Option C:
PV= 18,000/1.10^10= $6,939.80
The option that can financial aid eligibility if money is withdrawn from it is C. A 529 plan.
<h3>What is a financial aid?</h3>
It should be noted that a financial aid simply means an aid that's given to people especially students to cater for their fees.
In this case, the option that can financial aid eligibility if money is withdrawn from it is a 529 plan. It enables one to save money.
Learn more about financial aid on:
brainly.com/question/835751
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In 1957, the European Commission was formed by 6 countries: <span>Belgium, France, Germany, Italy,
Luxembourg and the Netherlands. Now
known as the European Union (EU), membership has grown to 28 countries which
share economic and political relations. The
purpose of the EU is to allow free movement of people and commerce between
member countries in order to encourage political, economic, and social harmony
and prevent conflict in Western Europe.</span>
Answer:
The correct option is C.
Explanation: Price elasticity is the measure of the rate of change in the level of quantity demanded due to a change in the level of price.
Price elasticity is usually negative, this means that it follows the law of demand; as price increases quantity demanded decreases.
Also, another incidence that can affect price elasticity is an availability of cheaper alternatives. If cheaper alternatives of a particular product are introduced into the market, the demand for that product will reduce, because consumers will abandon it for its cheaper alternatives, thereby driving the elasticity of that product higher.
Therefore, in the scenario given above, the elasticity is higher than -1.2 because there are new brands that have just been introduced into the market.