Answer:
$857
Explanation:
Calculation for the present value
Using this formula
Present value = FV / (1+ r)^ n
Let plug in the formula
Present value= 1,000 / (1+.08)^2
Present value= 1,000 / (1.08)^2
Present value= 857.34
Present value=$857 (Approximately)
Therefore the Present value is $857
Answer:
Once expenses have been identified, they can be categorized as either fixed expenses or variable expenses.
For example, your mortgage would be considered a __fixed__ expense, because _the total amount does not vary_. Conversely, grocery bills would be considered _variable_, because the actual amount is _varies_.
Explanation:
Fixed expenses are fixed in total within a relevant range. The amount remains the same from one period to the next. The element of the fixed expense that changes is the cost per unit and not the total amount. On the other hand, variable expenses vary in total because of their quantities vary but their costs per unit remain fixed.
Starting a business out of necessity reffers to making a decision based on specific criteria that has an affect on a certain number of people. In this situation, a person is making the decision they feel is best based on information collected and parts of an oganization that needs to be changed. It's imparative to do your research and decided what and why things need to change and the best way to acheive success in doing so.
Answer:
Local incentive
Explanation:
Local incentives can be described as economic development incentives like cash and near cash assistance that are provided by the government of a country or state in order to retain current businesses and also to attract new businesses.
These incentives are usually in for of tax breaks, training of workers, infrastructural development, etc.
In the question, Georgia state spending of $24 million to purchase the property and an additional $36 million to prepare the site specifically for DaimlerChrysler are examples of local incentive offered to DaimlerChrysler.
Therefore, the correct answer to fill in the gap is local incentive, we have:
The <u>Local incentive</u> offered was not enough to convince DaimlerChrysler that the Georgia site was a good location for its factory.
The investments by the upper class that creates lower-class jobs is the counter-argument on wealth gap that needs to be addressed.
<h3>What is a wealth gap?</h3>
This refers to the gap that classifies the group of people based on their earned income and wealth.
The statement that "Investments by the upper class create lower-class jobs" need to be addressed because it is a true statement about the condition of every economy.
Therefore, the Option C is correct.
Read more about wealth gap
<em>brainly.com/question/2987205</em>
