Answer:
The present value of the savings is $22222.22
Explanation:
A perpetuity is an indefinite series of equal payments made after equal intervals of time and for an unlimited period. A growing perpetuity is a kind of perpetuity whose period payments are not equal and they grow(or decline) at a constant rate each period for an indefinite period of time.
The formula for the present value of a growing perpetuity is attached.
The present value of the savings can be calculated as follows,
Present value = 2000 / (0.05 - (-0.04)
Present value = 2000 / (0.05 + 0.04)
Present value = 2000 / 0.09
Present value = $22222.22
Answer:
A
Explanation:
Employee rewards vary little from person to person and are not much based on individual performance differences.
George Washington sent General Arthur St. Clair to stop the fighting and restore order, but he and his forces were defeated by Miami Chief Little Turtle. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions.
Answer:
A and C are correct. Other two are incorrect
Explanation:
Goods and services that cannot be readily provided by markets, such as national security and education, are called Public Goods.
<h3>
What are Public Goods?</h3>
- Products and services that cannot easily be obtained through markets, either because they are too expensive for a single person to purchase or because everyone else would utilize them for free if one person did.
- A good must be both non-excludable and non-rival in order to be categorized as a public good.
- If the provider of the good cannot stop individuals who don't pay from using or consuming it, the good is nonexcludable.
- If the consumption of one person does not prevent the consumption of any other person, the good is nonrival.
- A prime example of a public good is national security. We all take advantage of this government service without giving it much attention.
To learn more about Public goods refer to:
brainly.com/question/14664702
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