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Sever21 [200]
3 years ago
14

Your parents are giving you $205 a month for 4 years while you are in college. At an interest rate of .48 percent per month, wha

t are these payments worth to you when you first start college

Business
1 answer:
luda_lava [24]3 years ago
7 0

Answer:

$8,770.00

Explanation:

In this question we use the present value formula i.e shown in the attachment below:

Data provided in the question

Future value = $0

Rate of interest = 0.48%

NPER = 4 years × 12 months = 48 months

PMT = $205

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $8,770.00

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Answer:

When demand for the product is highly elastic and the supply is relatively inelastic.

Explanation:

Subsidy is an amount of money given to companies by the government to boost production. It is an intervention by the government when economic situation in the free market is unfavourable.

When firms recieve money to boost production their cost of production is reduced.

If demand is highly elastic a small change in price will result in large change in quantity demanded. Companies will sell more goods at a reduced cost.

Of the supply is relatively inelastic there will be a degree of scarcity of the good so prices will go up, and the company willake more money.

5 0
3 years ago
Year-to-date, Oracle had earned a −1.53 percent return. During the same time period, Valero Energy earned 8.07 percent and McDon
iris [78.8K]

Answer:

The portfolio return is 2.35%

Explanation:

The portfolio return is the weighted average of the individual stock returns that form up the portfolio. The weightage of each stock is the investment in each stock as a percentage of total investment in the portfolio. The return of a three stock portfolio can be calculated using the following formula,

rP = rA * wA  +  rB * wB  +  rC * wC

Where,

  • rA, rB & rC represents the individual stock returns
  • wA, wB & wC represents the weightage of each stock

rP = -1.53% * 0.25 + 8.07% * 0.3 + 0.7% * 0.45  

rP = 0.023535 or 2.3535% rounded off to 2.35%

7 0
3 years ago
Briefly evaluate the effectiveness of artificial trade barriers, such as tariffs and import quotas, as a way to achieve and main
eimsori [14]

Answer: Reduction of imports will move spending on another national output to spending on domestic output

Explanation:

Artificial tree barrier such as tariff and import quotas reduce unemployment in one US industry and has another industry increase it's productivity due to this effect. Reduction of imports will move spending on another national output to spending on domestic output, this would cause the domestic output and employment to rise

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Which statement best describes the variety of workplaces commonly found in the Health Science career cluster? A. Workplaces in t
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People who work in Health Science career clusters can expect a career that deals with promoting health to treating diseases. Some examples of professions in this cluster include dietitians, neurologists, and biomedical engineers. With a wide variety of professions that are included in this cluster, the workplaces where these individuals can work are also equally as diverse.

Thus, the best answer for the question is (C) workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices.

8 0
3 years ago
Read 2 more answers
According to Scott, the COO of Barcelona Restaurant Group, employees are given the opportunity and freedom to achieve organizati
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Answer:

b. contingency approach to management.

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The Employees should in turn push to encourage to adopt situation specific management approach since It gives them an opportunity to explore new things and problem specific solutions.

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