Answer:
present value $ 1,026.16
future value $ 1,539.98
Explanation:
Present Value = $ 100 * 1/(1.07) ^ 1 + $ 100 * 1/(1.07) ^ 2 +$ 100 * 1/(1.07) ^3 + $ 200 * 1/(1.07) ^4 + $ 300 * 1/(1.07) ^5 +$ 600 * 1/(1.07) ^6
=93.45+ 87.34+81.62+152.20+213.23+398.32
= $ 1,026.16
therefore, the correct value is $ 1,026.16
b. Future Value = Present Value * ( 1+ Rate of Interest ) ^ Time
= $ 1,175.63 * ( 1+0.07) ^ 6
= $ 1,539.98
Hence the correct answer is $ 1,539.98
This legislation is called the Fair Labor Standards Act.
This act gives rights to United States workers. Among these rights are child labor laws, the requirement of employers to pay overtime to workers who work over 40 hours per week and also sets a minimum wage that must be paid to employees.
Answer:
About the Lagrangian method,
We can use it to solve both consumer's utility maximization and firm's cost minimization problems.
Explanation:
Lagrangian method is a mathematical strategy for finding the maxima and the minima of a function subject to equality constraints. Equality constraints mean that one or more equations have to be satisfied exactly by the chosen values of the variables. Named after the mathematician, Joseph-Louis Lagrange, the basic idea behind the Lagrangian method is to convert a constrained problem into a Lagrangian function.
1. False
2. False
3. True
4. False
5. false
6. False
7. True
8. False
9. True
10. False
Answer:
C
Explanation:
Fewer Movie goers will pay a hier price
