Answer:
(i) 7.54%(Approx).
(ii) $8,995,138.42(Approx).
Explanation:
Given that,
Winner’s prize money = $220
In 2016,
Winner’s check = $1,460,000
We use the formula:
Where
,
A=future value
P=present value
r=rate of interest
n=time period.
n = 2016 - 1895
= 121
(a)
(1+r/100) = 1.075440035
r = (1.075440035 - 1) × 100
= 7.54%(Approx).
(b)
n = 2041 - 2016
= 25
= 1,460,000 × 6.161053698
= $8,995,138.42(Approx).
C) Design! Most definitely.
To do construction and architecture you need to know design. It will include design.
Answer:
The correct answer is Licensing.
Explanation:
A business license allows the owner the right to start and develop a particular type of business in the city, county, state or country where it is granted. It is a type of permit that implies that the company has the backing of the government to operate. Government agencies can fine or close a business that operates without a license, so you should find out if having a license is part of your process to start your business, not everyone requires a license.
Depending on the type of business you have, you may need a local, county, state or federal license or none. Where your company is located will determine what type of license you need and where to obtain it.
The use of IT to seamlessly exchange data is what is referred to as strategic alliance.
<h3>What is strategic alliance?</h3>
This is a type of alliance that is formed where two companies would decide to share their resources in order to undertake a joint project for mutual benefits.
These kinds of alliances are very important due to the fact that it helps to create access to global markets.
Read more on strategic alliance here:
brainly.com/question/4467038
What happens to a monopolistically competitive firm that begins to charge an excessive price for its product? The firm will go out of business.