1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tekilochka [14]
3 years ago
12

In 1990, the cost of tuition at a state university was $4300. the tuition increases at a rate of 4% each year.

Business
1 answer:
mel-nik [20]3 years ago
3 0

With an annual increase of 4% each year compounded, tuition would cost 9,421.83.

You might be interested in
Consider a hypothetical economy in which the marginal propensity to consume (MPC) is 0.50. That is, if disposable income increas
evablogger [386]

Answer:

The level of saving =  $450 billion - $400 billion= $50 billion

Marginal propensity to save = 1- marginal propensity to consume (MPC)=0.5

Expected consumption

MPC=  change in Consumption/ change in income 200 billion * 0.5 = $100billion

Therefore consumption = 100 billion + 400 billion = $500 billion

Saving = $650 billion - $500 billion=  $ 150 billion

Explanation:

4 0
4 years ago
Bond valuationlong dashSemiannual interest Find the value of a bond maturing in 4 ​years, with a ​$1 comma 000 par value and a c
algol [13]

Answer:

824.28

Explanation:

Market price of a bond is the total sum of discounted coupon cashflow and par value at maturity. This is a 4-year bond with semi-annual payment so there will be 8 coupon payment in total. Let formulate the bond price as below:

Bond price = [(Coupon rate/2) x Par]/(1 + Required return/2) + [(Coupon rate/2) x Par]/(1 + Required return/2)^2 + ... + [(Coupon rate/2) x Par + Par]/(1 + Required return/2)^8

Putting all the number together, we have

Bond price = [(4.5%) x 1000]/(1 + 7.5%) + [(4.5%) x 1000]/(1 + 7.5%)^2 + ... + [(4.5%) x 1000 + 1000]/(1 + 7.5%)^8

                  = 824.28

7 0
3 years ago
What happens when the price of a good increases
swat32

Answer:

the value of good increases (goes up)

3 0
3 years ago
An unfavorable balance of trade occurs when the value of.
zloy xaker [14]

An unfavorable balance of trade occurs when the value of a country's import exceeds the export.

<h3>What is an import?</h3>

It should be noted that an import simply means the goods and services that are brought into a country from another country.

In this case, unfavorable balance of trade occurs when the value of a country's import exceeds the export.

Learn more about trade on:

brainly.com/question/17727564

#SPJ1

8 0
2 years ago
Cash in Hand” considered as_____? 1 point Investment Liability Retained Earnings Asset
asambeis [7]

Answer:

Asset

Explanation:

<em>In accounting/investment, cash in hand is generally considered to be an asset.</em>

<u>Cash in hand is considered a liquid asset due to the fact that it can easily be accessed or utilized to settle liabilities or acquire other assets. For example, cash in hand can be used to acquire properties, furniture, electronics, etc all of which are considered assets. </u>

Hence, the correct answer is asset.

8 0
3 years ago
Other questions:
  • A buyer who needs a significant amount of trust with the seller is looking for a(n) _____. transactional relationship strategic
    12·1 answer
  • Which statement describes a convention used by Italian Baroque artist Caravaggio in The Conversion of Saint Paul?
    8·1 answer
  • Rank the steps of the (sandwich) ELISA procedure from first step to last step. Do not overlap any steps.
    11·1 answer
  • Which of the following types of production would most likely use job-order costing? A. Construction of custom homes B. Farming C
    5·1 answer
  • Neolithic people practiced metallurgy.
    11·2 answers
  • Your insurance firm processes claims through its two facilities: facility A and facility B. Each month, facility A handles 6,000
    8·1 answer
  • Diversification is important in investing because...
    5·2 answers
  • What is the area of a triangle base 20ft and the hight of 14ft​
    5·1 answer
  • Sooner Machinery Company purchased a delivery truck at a cost of $56,000 on March 10, 2018. The truck has a useful life of six y
    10·1 answer
  • When reagan took office, he brought with him a new economic philosophy. with the guidance of his economic advisors, he tried to
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!