Answer: $12,113.14
Explanation:
Find out the future value of each payment 20 years from now then sum up the values.
Year 1:
= 250 * ( 1 + 15%)¹⁹
= $3,557.94
Year 2:
= 300 * ( 1 + 15%)¹⁸
= $3,712.636
Year 3:
= 450 * ( 1 + 15%)¹⁷
= $4,842.5688
Future value of all:
= 3,557.94 + 3,712.636 + 4,842.5688
= $12,113.14
The Federal Open Market Committee can act almost immediately.
Answer:
Product Differentiation
Explanation:
This is simply a strategy used by marketers to make their product different from that of their competitors.
Product Differentiation aims to make a product different so that potential buyers would identify the uniqueness of the product from other similar products.
Answer:
The U.S. economy is a free enterprise system.
Explanation:
That means that individuals — and not the government — own most of our country's resources.
Answer:
The answer is $304,000
Explanation:
Barber's ending equity is:
Barber's beginning partnership capital balance for the current year plus share of partnership net income minus Barber's withdrawal
Barber's beginning partnership capital balance for the current is $314,000
Share of partnership net income
= $152,000 /2
= $76,000
Barber's withdrawal = $86,000
Therefore, Barber's ending equity is
$314,000 + $76,000 - $86,000
= $304,000
