Answer:
Explanation:
Using future annuity formula
Fv = Pmt ( (1+r)ⁿ -1 )/ r 
 + 1 = (1+r)ⁿ
  + 1 = (1+r)ⁿ 
In (  + 1) = n In ( 1+r)
 + 1) = n In ( 1+r)
n =  In (  + 1)  / In ( 1 + r)
 + 1)  / In ( 1 + r) 
FV, future value = $10,000, Pmt, periodic payment per year = $1,100, r rate = 11.82% = 0.1182 and n =  number of years 
n = 0.7297 / 0.11172 = 6.53 years approx 7 years 
the last year payment will actually be less than $1,100
 
        
             
        
        
        
Answer: some consumers are willing to pay more than the equilibrium price.
Explanation:
Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place. 
In an unregulated, competitive market consumer surplus exists because some 
consumers are willing to pay more than the equilibrium price.
 
        
             
        
        
        
I thinks the answer is 400,000 jp I jags need more answers
        
             
        
        
        
Answer:
Half step
Explanation:
If you're talking about music, then a half step is smaller than a step.