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3 years ago

Kevin meets with a young man who wants to start saving for his son’s college education. What is Kevin’s profession?

Business

2 answers:

Mashcka [7]3 years ago

6 0

Kevin's profession is most likely a financial manager.

Nastasia [14]3 years ago

4 0

Answer:

financial manager

Explanation:

A financial manager can help the young man to plan his investments and improve their returns. Financial managers analyze markets for business and investment opportunities. The young man needs to save money to pay for his son's college education, and the financial manager can work with him so that his savings will be safely invested and will earn the highest possible returns.

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According to an article in the wall street journal, unlike airlines, even elite hotels don't have sophisticated systems that can

beks73 [17]

Based on the information above, the demand for hotel rooms is D. price inelastic.
This is the case because there is no change in demand, and when the price has changed, it shows 0 correlation between demand and price.

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3 years ago

Describe why most countries are described as having a mixed economy

Tamiku [17]

Explanation:

A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.

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3 years ago

16. Suppose you decided to place $2,500 in a savings account at First Foremost Savings and Loan. If the account pays 7% compound

nlexa [21]

Answer:

Final Value= $7,144.13

Explanation:

Giving the following information:

Suppose you decided to place $2,500 in a savings account at First Foremost Savings and Loan. The account pays 7% compounded continuously.

Number of years= 15

<u>Because it is compound continuously, we need to use the mathematical constant e.</u>

To calculate the final value, we need to use the following formula:

FV= PV*[e^(i*n)]

FV= 2,500*[e^(0.07*15)]

FV= 2,500*(e^1.05)

FV= $7,144.13

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3 years ago

A website sells illegal and counterfeited materials. According to which law can the US Attorney General seek a court order to re

KIM [24]

Answer:

C. SOPA.

Explanation:

On October 26, 2011, Representative Lamar Smith introduced H.R. 3261, the Stop Online Piracy Act (SOPA). SOPA is similar to the PROTECT IP Act yet is broader in scope by including several provisions not found in S. 968, such as those that increase the criminal penalties for online streaming of copyrighted content, create criminal penalties for trafficking in counterfeit drugs, and require the appointment of dedicated IP personnel in U.S. embassies.

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4 years ago

Two methods can be used for producing solar panels for electric power generation. Method 1 will have an initial cost of $550,000

PilotLPTM [1.2K]

Answer:

the company should choose method 1

Explanation:

Method 1 Method 2

Initial outlay $550,000 $830,000

operating costs (years 1,2,3) $160,000 $120,000

salvage value $125,000 $324,000

we must determine which alternative has the lowest present value:

method 1 = $550,000 + $160,000/1.1 + $160,000/1.1² + $160,000/1.1³ - $125,000/1.1³ = $550,000 + $145,455 + $132,231 + $120,210 - $93,914 = <u>$853,982 </u>

method 2 = $830,000 + $120,000/1.1 + $120,000/1.1² + $120,000/1.1³ - $324,000/1.1³ = $830,000 + $109,091 + $99,174 + $90,158 - $243,426 = $884,996

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3 years ago