Answer:
his investment will be worth $39,944 at the end of 12 years.
Explanation:
FV = PV(1 + i)^n
= $4,700 + $4,700*PVAF(7%,11 years)
= $4,700 + $4,700*7.49867
= $4,700 + $35,244
= $39,944
Therefore, his investment will be worth $39,944 at the end of 12 years.
Whether or not to higher 100 new workers because if that fails 100 people will be without work.
The amount that the non-smoker pays per month for premium is $31.25.
<h3>What is the determinant of the premium?</h3>
Generally, in an insurance, the person that smokes will pay higher premiums for life insurance than a non-smoker.
Now, it is given that the non-smokers pays a 25% lower premium for life insurance, that is, 1/4 of the normal premium he is suppose to pay.
Because the smoker present a high risk, he will pay the full premium to cater for high risk situation on the policy.
Premium payable = $125 * 1/4
Premium payable = $31.25
Therefore, the answer is $31.25 for the non-smoker.
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Answer:
Problem of choice refers to the allocation of various scarce resources which have alternative uses that are utilized for the production of various commodities and services in the economy for the satisfaction of unlimited human wants.
The vendor that can change the seasonal demand of the product is Vendor V.
<h3>What is the meaning of Seasonal Product?</h3>
Seasonal Product refers to the product whose requirement occurs that the time of the season. For Example:- Requirement of the woolen clothes at the time of the winner season.
The complete question is attached below.
The team behind the seasonal product should think about using or taking Vendor V. This is due to their performance as per the diagram attached below.
It can be noticed that their performance is superior in every parameter listed in the table. Vendor V is enhancing the performance of all four elements in every parameter and is able to quickly adapt to seasonal variations.
Learn more about Vendor here:
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