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3 years ago

Find the future value of an investment of $2,500 made today at 7.63 percent compounded quarterly for 6 years.

1 answer:

5 0

To answer this item, we first determine the effective interest by the equation,

ieff = (1 + i/n)^m - 1

Substituting the known values,
ieff = (1 + 0.0763/4)^4 - 1 = 0.0785

The future worth of the current investment is calculated through the equation,

F = P x (1 + ieff)^t

where F is the future worth, P is the present worth, ieff is the effective interest, and t is the number of years. Substituting the known values,

F = ($2,500) x (1 + 0.0785)^6 = $3,934.48

ANSWER: $3,934.48

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Antonio and Dina are debating the use of student discounts by local theaters near school. Antonio argues, "When theaters offer d

Ivanshal [37]

Answer:

The correct answer is letter "A": Dina.

Explanation:

The fact that local theaters near school offer a discount to students with valid identification is not a form of discrimination. As stated by Dina, there is no age restriction, for instance, and it is presumed, there is no other such religious preference, sexual orientation, race, and so forth. Economists are more likely to agree with Dina since what the local theaters are simply trying to do is to get the more clientele possible out of diverse sources. In this case, the source is the student status.

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4 years ago

Ficus, Inc. began business on March 1, 2018, and elected to file its income tax return on a calendar-year basis. The corporation

Aleks04 [339]

Answer:

c. $44.44

Explanation:

For computing the maximum allowable deduction for amortization of organizational expenditures, first, we have to determine the per month deduction which is shown below:

= Organization expenditure incurred ÷ number of months

= $800 ÷ 180 months

= $4.44

Now for 10 months, it would be

= $4.44 × 10 months

= $44.44

The 10 months is calculated from March 1 to December 31. As we assume the books are closed on December 31

7 0

3 years ago

An investment proposal with an initial investment of $100,000 generates annual net cash inflow of $20,000 for a period of 10 yea

dalvyx [7]

Answer:

5 years

Explanation:

Initital investment $100,000

Cash inflows 1-5 (20,000*5) ($100,000)

The payback period for this investment project is 5 years.

100,000/20,000=5 years

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4 years ago

n your view, is the economy currently operating in the Keynesian, intermediate, or neoclassical portion of the economy's aggrega

abruzzese [7]

Answer:

Intermediate Portion. (Please see image 1 attached)

Explanation:

This portion of the Keynesian aggregate supply model curve depicts the tradeoff between the increase in price levels and the reducttion of aggregate quantity of demanded goods and services.

Currently, the economy still has space for growing as GDP continues to have an incremental trend (Pleas see image 2 attached) therefore the US aggregate demand has not yet reached the Neoclassical portion of the aggregate demand.

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4 years ago

we are in a two good, two country world, where all of the assumptions of the heckscher-ohlin model of trade are satisfied. suppo

beks73 [17]

Answer: The answer is as follows:

Explanation:

From the given information,

Japan:

There are 50 workers and 50 acres of land

so,

Worker-land ratio = $\frac{number\ of\ workers}{acres\ of\ land}$

= $\frac{50}{50}$

= 1

Land-Worker ratio = $\frac{acres\ of\ land}{number\ of\ workers}$

= $\frac{50}{50}$

= 1

US:

There are 100 workers and 200 acres of land

so,

Worker-land ratio = $\frac{number\ of\ workers}{acres\ of\ land}$

= $\frac{100}{200}$

= 0.5

Land-Worker ratio = $\frac{acres\ of\ land}{number\ of\ workers}$

= $\frac{200}{100}$

= 2

From the above calculations of worker to land ratio and land to worker ratio of these two countries.

We conclude that Land-worker ratio in US is greater than that in Japan. So, US is land abundant country. Whereas Worker-land ratio in Japan is greater than that in US. So, Japan is Worker abundant country.

According to the H-O theory, a country exports the commodity whose production requires the intensive use of the country's relatively abundant factor.

It was given that rice is land intensive means that its production requires more of land than worker.

Once countries opens up the trade then,

US exports rice whose production requires the intensive use of land that is the country's relatively abundant factor. On the other hand, Japan exports cloth whose production requires the intensive use of worker that is the country's relatively abundant factor.

6 0

4 years ago