Answer:
$3,402
Explanation:
We are to calculate the future value of the annuity
The formula for calculating future value = A x (B / r)
B = [(1 + r)^n] - 1
R = interest rate
N = number of years
(1.10)² - 1 = 0.21
$1,620 x( 0.21 / 0.1) = $3,402
Answer: It should shot down immediately.
Explanation:
If the market price is equal to average cost at the profit-maximizing level of output, then the firm is making zero profits. If the market price that a perfectly competitive firm faces is below average variable cost at the profit-maximizing quantity of output, then the firm should shut down operations immediately.
<u>Answer:</u>
<em>The purpose of the news media is to </em><u><em>provide information
</em></u>
<em></em>
<u>Explanation:</u>
The news media gives target information that enables individuals to use sound decisions. The motivation behind news media is to offer projects and administrations that illuminate, teach, instruct, and enhance general society and help educate everyday talk fundamental to American culture. It is CPB's specific duty to empower the advancement of substance that includes innovative hazard, and that tends to the requirements of unserved and underserved spectators, particularly youngsters and minorities. CPB goes about as a watchman of the essential purposes for which open telecom was set up.
Answer:
<em>The</em><em> </em><em>best</em><em> </em><em>definition</em><em> </em><em>for</em><em> </em><em>conclusion</em><em> </em><em>is</em><em>.</em><em>.</em><em>.</em><em>.</em><em> </em><em>the</em><em> </em><em>end</em><em> </em><em>if</em><em> </em><em>if</em><em> </em><em>something</em><em> </em><em>or</em><em> </em><em>it</em><em> </em><em>i</em><em>s</em><em> </em><em>about</em><em> </em><em>to</em><em> </em><em>end</em>
<em>Hope</em><em> </em><em>this</em><em> </em><em>helped</em>
Answer:
$627
Explanation:
To find the answer, we use the present value of an annuity formula:
![P = A[1-(1+i)^{-n} /i]](https://tex.z-dn.net/?f=P%20%3D%20A%5B1-%281%2Bi%29%5E%7B-n%7D%20%2Fi%5D)
Where:
- P = Present value of the investment
- A = Value of the annuiry
- i = interest rate
- n = number of compounding periods
Now, we plug the amounts into the formula:
![12,600 = A[1-(1+0.0465)^{-60} /0.0465\\]](https://tex.z-dn.net/?f=12%2C600%20%3D%20A%5B1-%281%2B0.0465%29%5E%7B-60%7D%20%2F0.0465%5C%5C%5D)
12,600 = A (20.09870355)
A = 12,600/20.09870355
A = 627
Thus, the value of the monthly payments is $627