Answer:
The present value or the worth of the contract today is 3.48 million
Explanation:
The present value of the contract can be calculated using the following formula where we will dicount back the cash flows to calculate the present value.
The present value = CF1 / 1+discount rate + CF2 / (1+discount rate)² +...
The present value = 1100000 + 1300000 / 1.087 + 1400000 / 1.087² = $3480817.37 or 3.48 million
The present value or the worth of the contract today is 3.48 million
Answer: Oncologist
Explanation: An oncologist is a doctor that has specialized his skills in cancer treatment. Oncology has three major branches in it medical, surgical and radiation.
An oncologist also specializes in diseases like anemia, hemophilia, sickle cell disease, lymphoma and leukemia.
Hence, the correct answer to the given problem is oncologist.
Answer: The answer has been attached below
Explanation:
Financial statements are the formal records of financial activities and position of an individual, a business, or other entity. The relevant financial information is typically presented in a structured manner and in an understandable form.
Financial statements can include balance sheet, income statement, statement of cash flows, the notes to accounts and statement of changes in equity.
The solution to the question is attached.
Answer:
The correct answer to the following question is option B) the amount of reserves would decline.
Explanation:
If a person like in this case Steffi , withdraws $400 in cash from her checking account , then there would be an obvious decline in the bank reserves by $400 but here the monetary base would remain unchanged as by taking out the money in cash , the amount money supply among the people in the economy would increase . So therefore the correct option is B .
