Answer:
= $1,000,000
Explanation:
Given that:
- Expenditures for debt service: $12,000,000
- Interest: $7,000,000
- Proceeds of bonds : $4,000,000
Because interest and proceeds from the bonds have been included in the cost of debt service, so to find the exact change, we must minus two of this expenses. Because the cost of debt increases more than the total of other items, so it will increase in the net position
So the formula to find out the net change position as following:
= Expenditures for debt service - Interest - proceeds of bonds
= $12,000,000 - $7,000,000 - $4,000,000
= $1,000,000
Hope it will find you well.
Answer:
$13232.50 should be set aside each year
Explanation:
given data
save = $2 million
by time = 65 year
today age = 22
interest rate = 5%
to find out
how much must you set aside each year to make sure that you will have $ 2 million
solution
we know here number of payment will be
no of payment = 65 - 22 + 1
+1 is add here because 1st payment is today
no of payment = 44
so future value formula is
future value = present payment .............1
put here value here r is rate and t is no of payment
$2 million = present payment
present payment = 13232.50
so $13232.50 should be set aside each year
Answer:
A. It wants to increase the value of goods and services it produces.
Explanation:
GDP is the total value of all commodities and services produced within the country over a given period. Only finished consumer goods are considered when calculating GDP. The GDP value communicates the state of a country's economy. An increase in GDP reflects growth, while a decrease suggests a recession.
When a country wants to increase the GDP value, it is thinking of increasing the value of all commodities and services produced within its boundaries. Increasing GDP is similar to expanding the economy.