Answer:
Explanation:
Monthly interest = 6 / 12 = .005
principal amount a₀ = 30000
an denote the amount owed at the end of the month
amount owed at the end of one month
a₁= 1.005 x a₀ - 600
amount owed at the end of 2 nd month
a₂= 1.005 x a₁ - 600
amount owed at the end of nth month
an = 1.005x an-1 - 600 for n ≥ 1
B) Unlawful Bribery
Bribe means to give money for illegal work and unlawful means against the law.
Answer:
Advertise guppy gums and raskels
Explanation:
Cross price elasticity is used the determine the relationship between two goods. Quantity of compliments increases together, while with subsititutes increase in one results in reduction of the other.
Cross elasticity of guppy gums and raskels= -5/4= -1.25
Negative cross elasticity means the products are complimentary. When price of guppies goes up its demand will reduce, demand of raskels will also reduce
Cross elasticity of guppy gums and kipples= -5/-6= 0.8333
When cross elasticity is positive, the goods are substitutes. As price of guppies goes up its demand goes down, and demand for kipples goes up.
So we will decide to market compliments together because increase in demand for one leads to increase in demand for the other.
We will go with guppy gums and raskels
Solution:
Next year, we have to find the dividend for a stock with super normal growth in this region. We believe the stock price, the growth rate of the dividends and the expected yield, but not the dividend. First of all, we need to remember that in year 3 the dividend is the FVIF dividend.
The dividend in Year 3 will be:
And the dividend in Year 4 will be the dividend in Year 3 times one plus the growth rate, or :
The portfolio is continuously growing in year 4, which is why it is split by the demanded return minus the growth rate in year 4 as the dividend in year 5.
The equation for the price of the stock in Year 4 is:
Now we can substitute the previous dividend in Year 4 into this equation as follows:
(1.25)3(1.18)(1.08) / (0.15 − 0.08) = 69.86