Answer:
The establishment of social welfare programs.
Explanation:
This is the answer for Ap3x.
I believe that the answer that would best complete the given statement above is the term MOBILE transaction. <span>The ability to conduct financial transactions through a smartphone is known as mobile or online transaction. Hope this is the answer that you are looking for. </span>
By changing its shape, the lens focuses light onto the retina. Through the action of small muscles (called the ciliary muscles), the lens becomes thicker to focus on nearby objects and thinner to focus on distant objects.
Answer:
Monthly payment (A)
Interest rate (r) = 4% = 0.04
Number of years = 5 years
Number of times payment is made in a year (m) = 12
PV = A(1 - (1 + r/m)-nm)
r/m
PV = $600(1 - (1 + 0.04/12)-5)
0.04/12
PV = $600(1 - (1 + 0.0033)-5)
0.0033
PV = $600(1 - (1.0033)-5)
0.0033
PV = $600 x 4.950878649
PV = $2,971
Explanation:
In this case, we need to apply the formula for present value of ordinary annuity. The monthly payments, interest rate and number of years were provided in the question with the exception of present value. Therefore, we will make the present value the subject of the formula.