The name of the shipping company whose ferry sank in February 2, 2012 off the Pappua coast is RABAUL SHIPPING.
The ship was a passenger ferry, which was built in Japan in 1983 and was taken to New guinea in 1998. The ship was carrying about 500 passengers and it was only about half of them who were rescued.
Answer:
priorities, principles, and beliefs that guide a persons life.
Answer:
See below.
Explanation:
Looking at a car's price to see if we can afford is using the money function of unit of account. Unit of account is when we are able to determine the worth of the asset or transaction and see if we have enough value to exchange.
When we pay for groceries we are using money as a medium of exchange as we are exchanging groceries with another commodity that is cash.
When we save part of our wealth we are using money as a store of value. This signifies that the money value remains consistent over time and that money still holds economic value over time as opposed to other commodities that may perish.
When we compare prices we are using money as a measure of value. We are able to measure different product's worth in a uniform measure that being the money.
Hope that helps.
Answer:
$1,028.11
Explanation:
In this question we use the Present value formula that is presented on the attached spreadsheet
Given that,
Future value = $1,000
Rate of interest = 6.7% ÷ 2 = 3.35%
NPER = (20 years - 5 years) × 2 = 30 years
PMT = $1,000 × 7% ÷ 2 = $35
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $1,028.11
Answer:
Here is how to find the equilibrium price of a product:
Use the supply function for quantity. You use the supply formula, Qs = x + yP, to find the supply line algebraically or on a graph. ...
Use the demand function for quantity. ...
Set the two quantities equal in terms of price. ...
Solve for the equilibrium price.