Answer:
24%
Explanation:
Calculation to determine their housing ratio
Using this formula
Housing ratio= Housing expenses / Gross monthly income
Let plug in the formula
Housing ratio= $2,700/ $11,300
Housing ratio= 24%
Therefore their housing ratio is 24%
Question Completion with Options:
Support Analyst
Systems Analyst
Database Administrator
Network Administrator
Answer:
Support Analyst
Explanation:
Since Roland provides primary technical support to end-users, sorting out hardware and software problems for them, he is an IT Support Analyst. Roland should also respond to, document, and resolve service calls with the hardware or software. Some support analysts specialize in specific areas of the IT department, for example, applications. Others provide general technical support to computer end-users.
He developed the assembly line
Answer:
The correct answer is letter "C": the Macro Islands have a comparative advantage in producing fishing boats, and the Micro Islands have a comparative advantage in producing guava jelly.
Explanation:
Comparative advantage is an advantage an individual, organization or country has to use <em>opportunity costs</em> in their production compared to their competitors. The scenario described above does not imply that the individual, organization or country has an absolute advantage.
In the example proposed:
- Comparative advantage of Macro islands in fishing boats =
- Comparative advantage of Micro islands in fishing boats =
- Comparative advantage of Macro islands in jars =
- Comparative advantage of Micro islands in jars =
Thus, <em>the Macro Islands have a comparative advantage in producing fishing boats, and the Micro Islands have a comparative advantage in producing guava jelly.</em>
Answer:
PV= $216,935
Explanation:
Giving the following information:
Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the end of that person’s life. The insurance company expects this person to live for 15 more.
First, we need to find the final value of the annuity.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {20,900*[(1.05^15)-1]}/0.05= 450,992
Now, we can find the present value.
PV= FV/ (1+i)^n= 450,992/1.05^15= $216,935
