Welfare payments are governments subsidies that provide financial aid to those who cannot care for themselves. Some are meant to be temporary aid like TANF, SNAP, and day care programs. Others like programs for the aged, blind, and disabled may be given for the remainder of their lives.
Hope this helps.
Answer:
I have to invest $11364.
Explanation:
The formula of Compound Interest is:

where A = Amount
P = Principle
r = rate
n = Number of Compounding per year
t = total number of year
Here, A = 15000, r = 5.75% = 0.0575, n = 4(quarterly), and t = 5.
Putting all these values in above formula:

⇒ 
⇒ 
⇒ 
⇒ P = 11364
Hence, I have to invest $11364 for 5 years.
Answer:
Break-even quantity= 9520 units
Explanation:
Giving the following information:
The projections include a sales price of $39.
Variable costs per unit of $14.
Fixed costs of $238,000.
The operating cash flow is $24,300.
Break-even quantity= Fixed costs/contribution margin
Break-even quantity= 238000/(39-14)= 9520 units