I believe the answer is: a. dominated by cotton
After the civil war, the south still hasn't fully adopted the manufacturing industry like the norhtern states did, due to the limited machineries that they possess. Because of this, their economy still dominated by agricultural sectors (mostly cotton). The only difference is that they pay their workers with salary rather than using slaves.
Answer:
Regular savings accounts
Explanation:
Regular savings accounts are also called deposit savings accounts. They are the easiest way to save money in a bank or credit union and receive interest. These types of accounts require a small deposit to open, and the minimum balance is also low. One can avoid monthly charges by maintaining the minimum balance at all times.
The deposit/regular savings accounts are very liquid. Most banks will not have restrictions on the number of deposits and withdrawals per period, say a month. Due to this feature, these accounts earn the lowest interest compared to the other savings accounts. Deposit/ regular accounts are also referred to as transactional savings accounts.
The other types of savings accounts include Money market accounts and Certificates of deposit accounts.
We can solve this problem by using the formula for
finding the present value given the annuity values. The formula is given as:
P = A * [(1 + i)^n – 1] / i (1 + i)^n
Where,
P = present value of the annuity
A = the annuity value = $26,000
i = interest rate = 0.06
n = number of years = 90 – 65 = 25
Substituting the given values to the equation:
P = 26,000 * [(1 + 0.06)^25 – 1] / 0.06 (1 + 0.06)^25
P = 26,000 * 12.783356183
P = $332,367.26
<span>Therefore the present value of his social security
benefits will be about $332,367.26</span>
Answer:
23.15 million
Explanation:
3.6 million acquistion of land cost is a sunk cost
4.1 million of land value is a opportunity cost
18.1 million and 950000 are intial costs
cash flow amount to use as initial investment
= 4.1 million + 18.1 million + 950000
= 23.15 million
"In a well-diversified investment portfolio, the allocation of real estate investments should not exceed five percent" is false.
<h3>
What is real estate?</h3>
⇒ Real estate is immovable property of this type that consists of land and the buildings on it, as well as its natural resources, such as crops, minerals, or water; an interest in this (also) constitutes real property, or (more broadly) buildings or houses in general. In legal terminology, real refers to real property, which is distinct from personal property, and estate refers to a person's "interest" in that real property.
Real estate is distinct from personal property, which includes things like cars, yachts, jewels, furniture, equipment, and a farm's rolling stock but is not affixed to the land permanently.
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