Answer:
$693.16
Explanation:
Calculation to determine How much less than your brother will you have to deposit today
Using this formula
FV= Present value × (1 + interest rate)^number of years
Let plug in the formula
First step
$28,000 = Present value × (1 + 0.112)^13
PV= $28,000 ÷ 1.112^13
PV= $28,000 ÷ 3.97522975235
PV= $7,043.618
Second step
$28,000 = Present value × (1 + 0.104)^13
PV= $28,000 ÷ 1.104^13
PV= $28,000 ÷ 3.61907808993
PV= $7,736.777
Now let calculate how much less than your brother will you have to deposit today
Deposit today= $7,736.777-$7,043.618
Deposit today= $693.159
Deposit today=$693.16 (Approximately)
Therefore How much less than your brother will you have to deposit today will be $693.16
I think its repetition. none of the others really make sense to me
A solvency ratio. It measures the income or operates success of an enterprise for a given period of time.
Answer:
Captive pricing
Explanation:
Captive pricing is the pricing of products that have both a "core product" and a number of "accessory products.". In the question, when she purchase a dispenser(core product) she gets two liquid soap(accessory product) for free, so the pricing strategy to engage is the captive pricing.
Answer:
Unlimited printing of money will cause the problem of inflation.
Explanation:
Inflation is a general increase in the price of goods and services.
It can be caused by the following:
Demand-pull inflation - This type of inflation is caused by an excess demand for goods and services by consumers without commensurate supply from suppliers.
Cost-push inflation - This type of inflation is caused by an increase in the price of goods and services.
Lastly, out of others, I will like to discuss inflation caused by unlimited printing money.
I sometimes wonder why the country cannot just prompt money so that we can all be smiling and spending cash together. The fact is that this will reduce the purchasing power of money because it is in excess and ultimately leads to inflation.
When there is unlimited printing of money in a country, the cash in the circulation will be in excess, hence more money will be needed to buy few product. That is an indication of inflation.
