Answer: The difference in the two future values is $2703.79.
We arrive at the answer at follows:
We need to find the future value of these investments.
<h3><u>
A. First investment Plan</u></h3>
We have
Principal $25,000
Interest rate per year (i) 12%
No. of years (n) 7
No. of compounding periods per year (m) 12 (monthly)
We can compute the Future Value (FV) of this investment with the following formula:
Substituting the relevant values in the formula above we get,
<h3>B<u>
. Second investment Plan</u></h3>
We have
Principal $25,000
Interest rate per year (i) 13%
No. of years (n) 7 No. of compounding periods per year (m) 2 (semi-annual)
We can compute the Future Value (FV) of this investment with the following formula:
Substituting the relevant values in the formula above we get,
<h3><u>C. Difference between the two Future values</u></h3>
Answer: nominal GDP divided by real GDP
Explanation:
The gross domestic price index is also referred to as the gross domestic price deflator and it is used to measure the level of prices new goods and services that are domestically produced in an economy taken into consideration of inflation or deflation.
The gross domestic price index or the gross domestic price deflator is calculated as the nominal GDP divided by the real GDP.
Answer:
Economies of scale
Explanation:
The firm is experiencing economies of scale. Economies of scale result in a decreased average cost of production. Production increases and therefore the fixed cost is distributed more and average fixed cost becomes lesser and lesser as output increases. This leads to a decline in average total cost( As average total cost is the sum of average variable cost and average fixed cost, therefore a decline in average fixed cost leads to a decline in average total cost). This can be seen by an assymptotic average fixed cost for the firm which experiences economies of scale.
The answer to this question is <span>To become eligible to accept Medicare patients
Accordint to </span> <span>Section 1865(a)(1) of the Social Security Act (the Act), only the hospital that earned the accreditation by the Government could take care of Medicare patients. Which means that the hospital could widen their market segmentation and improve their profit.
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