Answer:
The initial deposit should be $ 25.46
Explanation:
The Annuity formula is
P=R [1−(1+i)^-n/i]⋅(1+i)
Where
P= Initial deposit
R=Regular Withdraw amount
i=Interest rate
n=Number of years/periods
After entering corresponding values in the formula we get $25.46
so P (which is our initial deposit)=25.46
I think it’s C but I’m not quite sure about that
Answer:
hundredth = 40.48 which is 40.8
Quarter = 40.48 which is 40.75
Explanation:
The total number of hours worked in all days of the week for Manson is 40 hours 48 minutes.
In hudredth time the conversion of 40.48 equals 40.8 but in quarter time to round time to nearest quarter hour, we have to round the times within 7 minutes of a 15 minute mark to that 15 minutes. Since 48 minutes are only 3 minutes more than 45 minutes, we round back to 45 minutes which is 0.75 in decimal.
Hence the hundredth hour timing is preferred for Edie Manson because it shows a higher time for hours worked and potentially more pay.
The equilibrium point in a competitive market exists at the point of optimal market efficiency.
<h3>What is competitive market?</h3>
A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
To learn more about competitive market refer to:
brainly.com/question/8753703
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