Answer:
70years
Explanation:
The future value formula for compound interest, after n interest period is
where i is the interest rate per period in decimal form and P is the principal or present value.
The Rodriquez family is determined to purchase a $250,000 home so
F=$ 250,000
The family plans to save $2,500 a quarter for this purpose and expects to earn 6.65 percent.
This implies that:
For t years, the number of compounding periods will be;
We fixed the values into the formula and solve for t.
It will take approximately 70years
Answer:
9%
Explanation:
According to the given situation, the solution of return on investment is shown below:-
Return on investment = (Net operating income ÷ Average operating assets) × 100
now, we will put the values into the above formula
= ($45,360 ÷ $504,000) × 100
= 0.09 × 100
= 9%
Therefore for computing the return on investment we simply applied the above formula.
Answer:
C Services are provided by both private and public sectors.
Explanation:
In a mixed economy, the private sector has the freedom to participate in economic activities, although the government has a role to play. A mixed economy allows the private sector to own the factors of production hence are free to decide what business they wish to run. Consumers have the liberty to select their suppliers. There is competition in the market place as profits motivate entrepreneurs.
The government is involved in the provision of public goods such as roads, hospitals, and schools. It provides regulatory services to the private sector to ensure fairness in the economy.
A.exclusive it’s not an intense level of distribution
A. 4.8%
B. 1.04%
C. 13.6%
D. 11.5%
A. 9%
B. 3.53%
C. 5.3%
D. 11.1%
