Answer:
A. double
Explanation:
Rule 70 is used to calculate the numbers of years it takes for an investment or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is inflation rate. It is calculated by dividing number 70 by inflation rate.
For example;
Assume inflation rate is 6%, the prices will double in ; 70/6 = 11.7 years
And if inflation is 2%, the prices will double in 70/2 = 35 years
When only a small number of companies control more than 40% of a market, it is correct to say that this market has an oligopoly structure.
<h3 /><h3>Oligopoly</h3>
It corresponds to a system where a sector of the economy has a reduced number of companies offering a good or service. This structure generates the possibility for companies to increase prices and their profits, as this does not correspond to a scenario where there is ample competition.
Therefore, in an oligopolistic market, there is a condition of imperfect competition, that is, it is the middle ground between perfect competition and oligopoly.
Its existence can result in cooperation between companies and even the formation of a cartel, as there is an interdependence between them, as they have controlled costs and efficient production.
Find out more information about oligopoly here:
brainly.com/question/14495373
The sum of the lengths of any two sides<span> of a </span>triangle<span> is greater than the length of the third </span>side<span>.</span>
Answer:
Direct finance requires financial markets, while indirect finance involves financial intermediaries.
The financial intermediary is that person, entity or institution that offers financial services performing an economic function among savers and companies that require financing. It is the intermediation between an investor and a financial instrument issuer in order that the investor does not have to deal directly with said issuer.
It makes use of the functions of a financial intermediary when its financial services are required, entails an operating cost in the form of commissions. That is, the financial institutions issue financial products that the intermediaries are in charge of placing to the client or investor by charging the latter a commission.
Answer:
$98,254.57
Explanation:
Value after 8 years
Future Value of Annuity = P * ((1 + r)^n - 1 ) / r
Future Value of Annuity = 6500 * ((1 + 6.8%)^8 - 1) / (6.8%)
Future Value of Annuity = 6500 * [(1.69266113113-1) / 0.068]
Future Value of Annuity = 6500 * 10.18619
Future Value of Annuity = $66,210.24
Value after 14 years
FV = PV * (1 + r )^n
FV = 66210.26*(1+ 6.8%)^6
FV = 66210.26 * 1.483978
FV = $98,254.57
So, the amount that will be there in the account 14 years from today is $98,254.57.
