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77julia77 [94]
3 years ago
9

societies use machinery and energy sources rather then humans and animals for production and __________ societies use the creati

on, processing, and storage of information for production.
Business
1 answer:
Morgarella [4.7K]3 years ago
7 0

Correct/Complete Question:

Industrial societies use machinery and energy sources rather then humans and animals for production and __________ societies use the creation, processing, and storage of information for production.

Answer:

Post-industrial

Explanation:

There are stages of development of a society and one of those stages is post-industrial society.

Post-industrial societies are societies in which societal production is as a result of creation, processing and storage of information. Simply put, Post-industrial societies are societies in which service provision creates more wealth than manufacturing. This services are done through information creation, processing and storage as written above.

Cheers

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Answer:

a) 175,437.77

b)

\left[\begin{array}{ccccc}Year&Beg Principal&Interest&Installment&Ending\\1&175437.77&15789.4&-24500&166727.17\\2&166727.17&15005.45&-24500&157232.62\\3&157232.62&14150.94&-24500&146883.56\\4&146883.56&13219.52&-24500&135603.08\\5&135603.08&12204.28&-24500&123307.36\\6&123307.36&11097.66&-24500&109905.02\\7&109905.02&9891.45&-24500&95296.47\\8&95296.47&8576.68&-24500&79373.15\\9&79373.15&7143.58&-24500&62016.73\\10&62016.73&5581.51&-24500&43098.24\\\end{array}\right]

\left[\begin{array}{ccccc}11&43098.24&3878.84&-24500&22477.08\\12&22477.08&2022.94&-24500&0.02\\\end{array}\right]

(I split into two arrays as I couldn't put  the entire information into one)

c) because of the time value of money the principal generates interest over time making the installment pay up both concept principal and interest.

d) they decrease as the principal decreases over time as the lease payment exceeds the interest accrued over the year.

Explanation:

a) it will record at the present value of the lease payment annuity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 24,500

time 12

rate 0.09

24500 \times \frac{1-(1+0.09)^{-12} }{0.09} = PV\\

PV $175,437.7693

b)

we build the table starting withthe beginning lease value

calcualte the interest accrued over the year and subtract the lease payment

this makes a new balance of the loan principal which start the process again until it is fully paid.

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Answer:

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Answer:

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Question

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3 years ago
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