Answer:
The account will be worth $1,485,054.43 at the age of 18.
Explanation:
Giving the following information:
Lump sum= 120,000
Number of years= 18
Annual interest= 15%
To calculate the final value of the investment, we need to use the following formula:
FV= PV*(1+i)^n
FV= 120,000*(1.15^18)= $1,485,054.43
The account will be worth $1,485,054.43 at the age of 18.
Answer: Active duty military population
Explanation:
Structural Unemployment is unemployment as a result of Companies and industries having to be restructured due to various variables with the most prevalent being technology for example, using a harvester on farms causing a farm to let go of it's previous staff who harvested by hand.
The above options allow for structural unemployment to happen except Active Duty military population.
These are already people who are employed as soldiers and are on Active - duty. They are not unemployed and do not contribute to Structural Unemployment.
Answer: As an investment centre
Explanation:
Based on the question, we are told that Virginia owns an interior design company and hires freelance decorators to help with large jobs and that by doing this, she is able to keep costs low by only employing staff when they are needed. Virginia's company is an investment centre.
An investment center is a business unit that is within an entity that is responsible for its own assets, revenue, and expenses and its financial results will be based on these factors. An investment center focuses on how it will minimize costs.
Answer:
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Explanation:
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Answer:
Student loan forgiveness given to teachers if they teach in high poverty areas
Explanation:
This is not a subsidy as it is a "condonation". The subsidy is well structured within a budget and is know in advance that it will have a certain amount delivered from the state to a particular person or business. In the case stated above the condonation occur, but there is no previous knowledge of how much will be paid by the state and is not granted for the performing of a specific activity.