Answer:
It will take 30 years for country Y’s GDP to catch up with that of country X
Explanation:
In this question. We are asked to calculate the number of years it will take a certain country Y to catch up with the GDP of a certain country X, given the annual growth rate in both countries.
We calculate the number of years as follows;
Firstly, we assign a variable to the value of the real GDP of country Y
let real
Let the real GDP of the country Y be n. This means that the GDP of country C will be 4 * n = 4n
With a 7% growth rate annual, country Y's Real GDP will be doubled in 70/7 = 10 years and;
With annual growth rate of 2.33% ,country x's Real GDP doubles in 70/2.33 = 30 years.(Approx)
Now in next 30 years x's Real GDP will be = 2x4n = 8n
and Y's Real GDP in next 30 years will be = 2x2x2xn = 8n.
thus , it will take 30 years to country Y to catch up to the level of country x.
Answer: B. a 2 point capital gain
Explanation:
Municipal Bonds have to be amortized using the straight-line method and this applied to both newly issued or bonds being traded at a premium.
The bond in question is trading at 105 and so has a 5 point premium which needs to be amortized at 1 point a year for 5 years. As it was bought after two years, the amortization was 2 points which means the cost of the bond should be;
105 - 2 = 103
Yet it was sold for 105. The gain is therefore
= 105 - 103
= 2 point capital gain
Depending on the location if the house and how much you want to sell it for. Just make sure basic things such as Holes in wall’s are fixed or more noticeable details. Otherwise if the house is in good shape and appliances, heating, water are all fine then not a lot.
<span>With the boom of social media, the customer’s path to purchase has
significantly changed. Traditional, “above-the-line” advertising, specifically
done on TV, print or radio is not as effective as it was before when it comes
to convincing consumers to purchase products. More and more people would resort
to seeking advise and referrals from friends in their respective social
networks. Consumers are wiser now given that they know they have the power to get
real-time information and data simply by the act of crowdsourcing. Engaging
with friends from social media networks would give them access to more genuine
feedback or POV on certain products and services. What traditional advertising
lacks is a venue for consumers to get immediate answers to possible questions
they have on products being advertised. Consumers don’t appreciate information
shoved down their throats as they know that marketers have full control of the
messages being communicated in their ads. It’s too one-sided. There should be a
platform for dialogue which is provided by social media. This is where the
fundamental shift of power takes place as described by Mr. Safco. It’s all about engagement and two-way
communication as he puts it. </span>
Answer:
$3,716,050
Explanation:
FV = PV × (1 + i)∧n
Present Value (PV) 3250000
Interest Rate (i) 0.015
Number of years (n) 9
(1 + 0.015) ∧ 9
3,250,000 x 1.1434
=$3,716,050
