Multiply the amount borrowed by the interest rate:
8,700 x 0.06 = 522
Answer: $522
First you need what a economic growth is, Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.Growth is usually calculated in real terms- i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. The the charactersticts are that you make alot of money. I hope this helps!!
Answer:
Completion of the Manager in Development program from the Club Managers Association of America is classified as a Strength in a SWOT analysis.
Explanation:
When a Company is Conducting a Swot Analysis, it evaluates it Strengths, Weakness,Opportunities and Threats hence the Acronym SWOT.
Strengths : Is Something the entity is good at and giving it an important capability
Weakness: Absence of certain strength that the entity is supposed to inherit is viewed as weakness
Opportunities : Feature of the External Environment which creates positive potential for the entity in achieving its objectives
Threats : Changes to the external environment which presents a threat to the entity in achieving its objectives
By Completion of the Manager in Development program from the Club Managers Association of America , the Yatch Club will be competent in management aspects and that will be something the Yatch Club will be good at.Hence classified as a Strength
Answer:
Total PV= $1,979,094.24
Explanation:
<u>To calculate the present value, we need to use the following formula on each cash flow:</u>
<u></u>
PV= Cf/(1+i)^n
Cf1= 400,000/1.04= 384,615.38
Cf2= 37,500/1.04^2= 34,670.86
Cf3= 480,000/1.04^3= 426,718.25
Cf4= 450,000/1.04^4= 384,661.89
Cf5= 550,000/1.04^5= 452,059.91
Cf6= 375,000/1.04^6= 296,367.95
Total PV= $1,979,094.24
Answer: The correct answer is "c. will not be good for the economy since the presence of frictional unemployment increases economic efficiency.".
Explanation: Eliminating all frictional unemployment <u>will not be good for the economy since the presence of frictional unemployment increases economic efficiency.</u>
Frictional unemployment is voluntary unemployment that lasts the time between one worker leaving one job and finding another. That is, the unemployed person decided to leave his job voluntarily, either to rest, study or to find another job. It is beneficial for the economy, since it results in a better allocation of resources. However, if the search takes too long and the mismatches are too frequent, the economy suffers, since some work is not carried out.
