The uniqueness of a certificate of deposit compared to a time deposit is the financial penalty.
<h3>What is the financial penalty?</h3>
A financial penalty means the obligation to pay a sum of money on conviction of a criminal or administrative offense, including orders made in criminal proceedings to pay compensation for the benefit of victims of crime, financial penalties are the obligation to pay a sum of money upon conviction of a criminal or administrative offense. A sum of money is demanded as restitution for violating the law or, occasionally, a contract's conditions. and orders to pay sums in respect of the costs of a court or administrative proceedings. Payment is required as a result of breaking the law or sometimes for breaching the terms of a contract.
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Answer:
Private Stream Fish : EXCLUDABLE , RIVAL & PRIVATE GOOD
River Fish : NON EXCLUDABLE , RIVAL & COMMON GOODS
Explanation:
Excludable Goods can be feasibly prevented to be consumed by non payers . Rival goods consumption doesn't reduce their availability to be consumed by other consumers
Private stream fish are feasibly prevented to be used by others for free , so are excludable . However , catching of fish by one reduces the fishes to be caught by others & so is Rival . Such Excludable , Rival goods are 'Private Goods'
Free access river cant be feasibly prevented to be used by others for free , so are Non Excludable . However (similar) , catching of fish by one reduces the fishes to be caught by others & so is Rival . Such Non Excludable , Rival Goods are 'Common Goods' . These have over exploitation risk as per a theory 'Tragedy of Commons'
Answer:
2,080 units
$686,400
Explanation:
The computation of the number of camera sales in units is shown below:-
Number of camera sales in units = Sold units + (Sold units × Percentage of growth in units sales)
= 2,000 + (2,000 × 4%)
= 2,000 + 80
= 2,080 units
The computation of the amount of camera sales is shown below:-
Amount of camera sales = Number of units × Selling price per unit
= 2,080 × $330
= $686,400
Answer:
Total PV= $2,298.24
Explanation:
<u>First, we need to determine the effective annual rate:</u>
EAR= [1 + (i/n)]^n - 1
EAR= [1 + (0.08/4)]^4 - 1
EAR= 0.082
<u>Now, we can determine the present value of the cash flow, using the following formula:</u>
PV= ∑[Cf/(1+i)^n]
Cf1= 800 / 1.082= 739.37
Cf2= 800 / 1.082^2= 683.34
Cf3= 0
Cf4= 1,200 / 1.082^4= 875.53
Total PV= $2,298.24
Answer:
is expected future data and differs amongst the alternatives.
Explanation:
Relevant information is expected future data and differs amongst the alternatives.
