They saw the price of goods rise as their wages decreased.
<u>Bottom-up estimating technique</u> decomposes the work into lower, more detailed pieces.
<u>Explanation</u>:
Bottom-up estimating is the process of the estimation of work at the lowest possible level of detail. The estimates are accumulated to get the summary totals. The probability of achieving the estimated amount can be improved by building detailed cost and time estimates for a work package.
Bottom-up estimating is the project managing tool followed by many of the firms to estimate the cost and duration of project tasks. The bottom-up estimation consumes more time.
First we need to solve the finance charge without the changes.
B = A (1 + ti)
where
t is the number of years, 60 months or 5years
i is the interest rate per year, 18% or 0.18
A is the principal amount, %15,600
B is the amount after t years
so,
B =$15,600 ( 1 + 0.18 x 5 )
B = $15,600 ( 1 + 0.9 )
B= $15,600 (1.9)
B= $29,640.
The finance charge without the changes is $29,640(amount after 5 years) - $15,600(principal amount) = $14,040.
Applying the changes, the principal amount would be $15,600 - $8,500 = $7,100, the number of years will be 2 years (24 months)in equation
B = $7,100 (1 + 0.18 x 2)
B = $7,100 (1 + 0.36)
B = $7,100 (1.36)
B = $9,656, the finance charge with the changes is $9,656 - $7,100 = $2,556.
The changes Jerry made can save $14,040 - $2,556 = $11,484.
The potential advantages and disadvantages of having a strong national government are -
-Competition between different state and local governments to attract businesses to their communities can undermine other policy goals
- The national interest sometimes overrides the local needs of the states.
The advantage of federalism is that it can encourage political participation, motivate states to engage in policy innovation, and respond to different perspectives from country to country.
The Office of Management and Budget needs to estimate the cost of unfunded missions that are particularly expensive. Congress must find funding for underfunded missions in excess of the maximum amount stipulated in the Underfunded Mission Reform Act.
A powerful central government can help achieve social, political, and economic equality among citizens. Also, a strong central government is more likely to make foreign policy decisions that benefit the country than a strong state government that prioritizes the interests of the state.
Learn more about the federal government here: brainly.com/question/12486518
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Deliver mail cause they dont do thar
