Answer: I must invest <u>$68,163.04</u> today to buy a Ferrari 10 years from now.
We can interpret the data in the question as follows.
We need $185000 after 10 years, so this is the Future Value of an investment made today. We have to calculate the amount to be invested.
We need to use the Present Value formula in order to find the amount to be invested.
The formula is :
Substituting the values we get,
Answer:
<em>Control environment; risk assessment process; control activities; the information system, including related business processes; and monitoring of controls.</em>
Explanation:
<em>From the following, the </em><em>OPTION which best illustrates the interrelated components </em><em>of internal control is </em><em>OPTION (C).</em>
Because as we know that interrelated components of internal control consists of co-ordination, as well as handling and controlling the system, taking illustration of the work and making of positive decisions.
So this is the reason OPTION (C) will be the answer, as it also consist all of the components which are present in interrelated components of internal control.
Answer: I do think that people have difficulty talking to others face-to-face because of how prevalent texting is today. The reason for that is because we’ve gotten used to having time to think about our answer before sending our message. In general, there’s less pressure with texting than there is with face-to-face. You’re in front of the person you’re talking to and they’re able to monitor you closely, which could make some people uncomfortable and unable to think of anything to say. Another reason is because texting is able to be done without moving. It’s more convenient than meeting up with someone to discuss something.
yo what sup bro I have no idea on what to say so just pray to God and he will give it to you
Answer:
$100 billion
Explanation:
Real GDP is currently = $13.55 trillion
Potential real GDP = $14.0 trillion
Gap = $500 billion
Government purchases multiplier = 5.0
Tax multiplier = 4.0
To increase aggregate demand by $500 billion, the required increase in government expenditure is:
= (1 ÷ government purchases multiplier) × change in aggregate demand
= (1 ÷ 5) × $500
= $100 billion
Therefore, the government expenditure need to be increased by $100 billion.
