Answer:
Barbara will have $210,349
Mary will have $188,922
Explanation:
Total time of investment is 40 years = age 67 - age 27
After 10 years, Barbara will have $27,633 (this figure used "FV" calculation in excel = FV(7%,10,2000)
Then Barbara put all $27,633 in next 30 years then she will have $210,349 = 27,633 x (1+7%)^30
Mary didn't now invest in first 10 years, but then invests $2,000 per year for the next 30 years, so she will have $188,922 = FV(7%,30,2000)
Answer:
Increasing Canadian GDP:
-Toyota, a Japanese company, manufactures cars in Toronto, Ontario.
-ATI Technologies, a Canadian company, operates in Alberta.
Increasing American GDP:
-Toyota, a Japanese company, manufactures cars in San Antonio, Texas.
-Starbucks, a U.S. company, opens stores in New York state.
-Tim Horton's, a Canadian company, opens coffee shops in New England.
Explanation:
Gross domestic product (GDP) is the sum of all final goods and services produced in an economic space for a certain period, usually one year, excluding the intermediate consumption used in production. Until the 1980's, the use of Gross National Product (GNP) was preferred, a measure almost identical to GDP but incorporating goods and services produced by external factors. The variation in this macroeconomic magnitude is often used to measure economic growth.
Answer:
The correct answer is letter "A": can be used to estimate the projected cost of completing the project.
Explanation:
The Cost Performance Index or CPI measures the projected cost of work completed compared to the current cost spent. The CPI represents a ratio of earned value to actual cost. If the CPI is greater than one, the project is under budget. When the CPI equals one the planned and actual costs are equal. If the CPI is higher than one, the project is over budget.
<u>Solution and Explanation:</u>
Most money related specialists characterize a terrible FICO rating as anything beneath a 600, however, every loan specialist has its own principles while checking on applications. The normal American has a FICO assessment of 687, which helps put the range into viewpoint.
In the event that you have poor credit, you've presumably had a blend of negative things on your credit report, as missed installments, misconducts, or possibly a chapter 11 or dispossession. You can generally demand a free credit report to make sense of what precisely is keeping your score so low. Truth be told, we prescribe checking your credit report each year.
Government law permits you access to a free duplicate of every one of your three reports like clockwork, so there's no explanation not to exploit this advantage.
The answer is foreign currency fluctuations.
Foreign currency fluctuations are basically the change in the values of currencies based on the demand of that currency.
In other words, the more the number of investors invests in the stocks regulated by the stock market to buy exports of any country, the more will be the value of the currency of that particular country and vice versa.
Foreign currency fluctuation occurs for all floating currencies all over the world.
Since in the given case, the value of the euro changes from US$1 to US$1.60 from 2002 to 2008 respectively.
Hence, this change in value is called Foreign currency fluctuations.
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