Answer:
Cost of machine = $73,897.99
Explanation:
The cost of machine to Swifty Corporation the present value pf the ordinary annuity payment of $20,500 per year discounted at the interest rate of 12%.
Note that the annuity is an ordinary annuity because annual payment is made at the end of the year.
Present value of ordinary annuity= annuity factor× annual payment
Present value of ordinary annuity = 20,500× 3.60478= $73,897.99
Cost of machine = $73,897.99
Answer:
4
Explanation:
A bank holds 450,000 in required reserves
The bank also hold 1,800,000 in total deposits
Therefore the deposits expansion multiplier can be calculated as follows
= 1,800,000/450,000
= 4
Hence the deposits expansion multiplier is 4
Probably engineering and probably airplanes
Answer:
A. prosumer; crowdsourcing
Explanation:
Prosumers are people who both produce and consume goods and services. Communities are made of of people who co-create goods, and so are independent of external communities in meeting their needs.
Crowdsourcing is a growing way of working which involves duties being open to a large number of people. The advantage is that there is a large pool of talent to solve problems and accomplish jobs.
Answer:
- The state's constitution allows budgets to be passed with a simple majority vote in both the Assembly and the Senate.
- Taxes can only be cut with a two-thirds vote in the Assembly and the Senate.
Explanation:
California's legislative branch is composed of two main bodies, the State Assembly (similar to the House of Representatives) and the State Senate. The legislative branch has the power to enact state laws and make change to existing state laws.
The State Assembly has 80 members who serve for 2 years, while the State Senate has 40 members who serve for 4 years. .
