Answer:
C) 19 years
Explanation:
We must determine the net present value of the annual payments in a similar way to calculating the present value of annuities. We can use an excel spreadsheet and the present value formula with a 5.9% interest rate and then subtract the lifetime fee ($7,000):
Present value 14 years = $6,079 - $7,000 = -$921
Present value 16 years = $6,614 - $7,000 = -$386
Present value 19 years = $7,310 - $7,000 = $310
Present value 21 years = $7,711 - $7,000 = $711
<u>*present value 18 years = $7,091 - $7,000 = $91, but 18 years was not an option.</u>
Answer:
1. 11%
2. Yes and it is 6% for the large
3. Entry
4. 5%
Explanation:
Based on the rate at which the computers are printing bills, the number of bills that the second computer was still to print was 4,000 bills.
<h3>How long did the first computer take to finish?</h3>
= Number of bills / Bills per hour
= 43,000 / 8,600
= 5 hours
<h3>How many bills was the second computer left with?</h3>
This can be found by the formula:
= Number of bills to print - Bills printed in 5 hours
= Number of bills to print - ( Bills printed per hour x Number of hours)
Solving gives:
= 43,000 - (7,800 x 5)
= 4,000 bills
Find out more on calculating rates at brainly.com/question/145385.
The answer to the question above is NONE, there is no method(s) of distributing goods and services that satisfies all wants of the people. Wants are in constants change and infinite due to change of demands. Satisfaction of human wants are limited to the amount of natural and human resources availability.