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Answer:
The amount of loan after two years is $2875.68.
Explanation:
Given information:
Interest rate = 7%, compounded continuously.
Time = 2 years
Initial value of loan = $2500
The formula for amount after continuous compound interest is
where, P is principal,r is nominal rate per year, t is time in year.
Substitute P=2500, r=0.07, t=2 in the above formula.
Therefore the amount of loan after two years is $2875.68.
I believe the answer is: A..The US and China are strong because they have a high gross domestic product.
High gross domestic product usually caused by two main factors. The first one is high number of population ( China has the largest number of population and United states had the third largest). The second factor is implementation of modern technology in all economic sectors, and both United States and China fulfill these criteria.
Answer:
all of the above
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable. This ensures that shareholder wealth is maximised
The NPV method uses discounted cash flows. so the time value of money is considered
Answer:
-jerry is entitled to monetary damages compensations due to a contract breach.
-Freddy has to pay Jerry $90
Explanation:
the damage that the gym is entitled to would be that of a contract breach. Freddy wanted to earn more money so he breached the contract. Now given that Jerry had to go with another supplier of water at a greater cost of 50 dollars for 9 months, just to satisfy his requirements. Freddy has to pay him monetary damages for this breach in contract. he has to pay the difference that exists between the price in the contract they had and what jerry now has to pay due to the breach. The difference is 10 dollars, which is to be paid every month for 9 months
= (50 - 40)*9
= 10 * 9 = $90