The answer is annual membership fee. Even if you do not use
your credit card that often, the credit card companies will normally charge you a definite amount as a form of fees to cover the operational expense that they
have to cover in order to continue your membership.
<span>To calculate the answer, remember that:
Starting Amount (1 + Growth Rate)Number of Years = Ending Amount
So under the various scenarios in the question we have:
$5,000(1 + .02)20 = $5,000(1.49) = $7,450
$5,000(1 + .02)40 = $5,000(2.20) = $11,000
$5,000(1 + .04)40 = $5,000(4.80) = $24,000
$5,000(1 + .06)40 = $5,000(10.29) = $51,450</span>
Answer:
False
Explanation:
Given that,
Market basket of goods cost in United states = $100
Market basket of goods cost in France = 70 euros
Purchasing power parity is calculated as follows:
= (Cost of basket of goods in Euros) ÷ (Cost of same basket of goods in dollars)
= 70 ÷ 100
= 0.7 euro per dollar
Therefore, the statement is false.
Because the return on shareholders' equity is based on the book value of equity, analysts often supplement their understanding of the return to shareholders with the no change in return on shareholder Equity, but see other less tangible benefits.
Therefore, Because the return on shareholders' equity is based on the book value of equity, analysts often supplement their understanding of the return to shareholders.
Stockholders' equity is often referred to as the book value of the company and it comes from two main sources.
Analysts means guidance to businesses, government entities and individuals on financial and business decisions.
Tangible refers to the capable of being perceived especially by the sense of touch.
To know more about the Stockholders' equity here
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