Answer:
810 for the sons' gifts.
Explanation:
You would ignore the information about the daughter, it's only placed there to confuse you. All you have to do is multiply 6 by 135.
Neoclassical economics focuses on providing more options while Behavioral economics focuses on helping people make better decisions with the options available.
A psychological approach to business, behavioral economics looks at how well people's expectations of utility and profit maximization match their actions and if they actually maximize predicted utility.
Contrarily, neoclassical economics views manufacturing costs as a key determinant of pricing a product. Thus, neoclassical economists contend that customers' primary determinant of choice is price.
Hence, the two have different beliefs about giving people options. While behavioral economics focuses on assisting people in making better decisions with the options at hand, neoclassical economics places greater emphasis on offering more options.
Want to know how would keynesian and neoclassical economics propose dealing with cyclical unemployment? Read here: brainly.com/question/28213854
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Answer:
A Eurocurrency is any currency that is banked outside of its country of origin.
Answer:
Annuity per period (A) = $2,500
Interest rate (r) = 5.5% = 0.055
Number of years (n) = 3 years
Present value (PV) = ?
The amount to be paid for the annuity
PV = A<u>(1 + r)</u>n - 1
r
PV = $2,500<u>(1 + 0.055)</u>3 - 1
0.055
PV = $2,500<u>(1.055)3 - 1</u>
0.055
PV = $2,500<u>(1.174241375 - 1)</u>
0.055
PV = $2,500 x 3.168025
PV = $7,920.06
Explanation:
The present value of an annuity equals annuity per period multiplied by present value of annuity factor at 5.5% for 3 years. In this case, the annuity per period, interest rate and number of years were provided in the question with the exception of present value. The present value becomes the subject of the formula.
The correct answer is D.
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