<span>The fund whose main objective is to simply match the market is known as a(n) Index fund.</span>
Answer:
$38,663.61
Explanation:
Given:
Principle amount = $5,000
Duration, n = 50 years
Now,
With interest rate 7.5%
Future value = Principle × ( 1 + r )ⁿ
thus,
Future value = $5,000 × ( 1 + 0.075 )⁵⁰
or
Future value = $185,948.73
With interest rate 7%
Future value = Principle × ( 1 + r )ⁿ
thus,
Future value = $5,000 × ( 1 + 0.07 )⁵⁰
or
Future value = $147285.12
Hence,
The additional amount to be gifted = $147285.12 - $185,948.73
= $38,663.61
Answer:
The correct answer is letter "D": incorrect because all inputs are varied in the example.
Explanation:
The law of Diminishing Marginal Productivity states that increasing one variable will keep the others the same. My initially increase output but eventually adding more of that one variable may lead to a diminishing rate of return. The law helps explain why increasing production is not always the best way to increase profits.
The law of Diminishing Marginal Productivity only applies when certain inputs are fixed, but in this example, the amount of labor available varies since it is increasing.
The answer for this question would be option A. It is important to research a school’s curriculum before deciding whether to go there in order to see <span>if it offers programs that fit your career goals. The curriculum serves as your guide on the programs that you are taking. Hope this answers your question. Have a great day.
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Opportunity cost of going to college is actually the salary forgone.
With a yearly salary of $15,000 and a rent of $12000 yearly (parents would not let you live at home), we are left with $15000 - $12000 = $3000 per year
For 4 years, the opportunity cost will be 4 x $3000 = $12000
