Answer:
$92,691.08
Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
where,
Present value is $64,000
The Interest rate is 2.5%
And, the number of the year is 15 years
Now placing these values to the above formula
So, the future value is
= $64,000 × (1 + 0.025)^25
= $64000 × 1.448298166
= $92,691.08
I believe the answer is D. Hiring employees.
Hope that helped.
Two examples of human capital that can be developed are:
Education : by enrolling in school, education is developed. During the process of education, skills needed for the production of goods and services in developed.
Job experience : by undertaking internships and summer jobs, labour is developing their human capital.
<h3>
What is human capital?</h3>
Human capital are qualities that labour posses that are useful in the production of goods and services. Human capital is an an intangible asset. It is the economic value attached to labours' skills and expertise.
Examples human capital are:
- Education.
- experience
- Mental and emotional well-being.
- People management.
- Communication skills.
To learn more abut human capital, please check: brainly.com/question/7193861
Answer:
amount loaned at 8% interest is $11.60
Explanation:
given data
loan = $12,000
rate = 8% per year = 0.08
other rate = 18% per year = 0.18
interest receive = $1000
solution
we first consider here amount for loaned at 8% = x
so here amount for loaned at 18% will be = $12,000 - x
so we can say interest received equation will be here as
$1,000 = (0.08)x + (0.18)($12,000 - x)
solve it we get
x = $11.600
so amount loaned at 8% interest is $11.60