The answer in the space provided is the progressive tax
system. The progressive tax system is the one responsible of having to provide
taxes for tax payers in each category in which is in consistent with the
sentence described above.
Answer:
The answer is: Annuity B has a smaller present value than annuity A.
Explanation:
The present value is the current value of a future cash flow. Money today is worth more than money earned tomorrow or in a year. So the sooner you receive a payment, its present value will be higher.
For this question, annuity A starts paying TODAY (higher present value), while annuity B starts paying in ONE MONTH.
Answer:
a) If the homeowner has the $6000 available for the project, what would the cost of electricity from the power company need to be greater than ($/kW-hr) to make the project viable if other investments are providing 8% interest. ($0.0545/kW-hr)
we can use the present value of an annuity formula:
PV = monthly savings x annuity factor
- PV = $6,000
- Annuity factor, 300 periods, 0.6667% = 129.52005
monthly savings = $6,000 / 129.52005 = $46.3249
price of kW-hr = $46.3249 / 850 = $0.054499851 ≈ $0.0545
b) If the homeowner had to borrow the $6000 from the bank at 5% interest for 10 years (monthly payments) what would the cost of electricity need to be greater than in $/kWhr from the power company to make the project viable if other investments are providing 8% interest. ($0.0476/kW-hr)
the monthly payment to cover the loan = PV / annuity factor
- PV = $6,000
- Annuity factor, 120 periods, 0.4167% = 94.28033
monthly payment = $6,000 / 94.28033 = $63.64
price of kW-hr = $63.64 / 850 = $0.074870588 ≈ $0.0749
Answer:
The correct answer is d.
Explanation:
This stage extends from birth to the acquisition of the individual's language. Children build step-by-step knowledge and understanding of the world by coordinating experiences (such as sight and hearing) related to physical interaction with objects (such as grabbing and stepping).
The development of the permanence of the object is one of the characteristic achievements of this stage. Object permanence is the child's understanding that objects continue to exist even though he or she cannot perceive them.
Have a nice day!
Answer:
c. Income elasticity is 69 and the good is an inferior good.
Explanation:
Income elascitiy = percentage change in quantity demanded / percentage change in income
9% / 13% = 0.69 = 69%
An inferior good is a good whose demand falls when income increases and whose demand increases when income falls. When sunnys income increased, she reduced her demand for hamburgers.
A normal good is a good whose demand increases when income increases.
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
I hope my answer helps you
