<span>The Gini ratio for lifetime income is less than the Gini ratio for annual income.</span>
Answer:
Loss in the contract = -$330.
Explanation:
Selling price per futures contract = $1,696
Current Value of the future contract = $1,707
Since the price has increased, there is a loss.
Loss per contract - 1696 - 1707 = -11
Total loss in the trade = -11 * 10 (size of contract) * 3 (Number of contracts) = -$330
Answer: $88289.8
Explanation:
Here's the complete question:
As part of her retirement planning, Mrs. Campbell purchases an annuity that pays 9.5% compounded quarterly. If the quarterly payment is $3,500, how much will Mrs. Campbell have saved in 5 years?
The future value of an annuity will be calculated using the formula:
= A((1+r)^n)-1)/r
Where,
A = the annuity payment = 3500
r = the interest rate = 9.5% compounded quarterly = 9.5% / 4 = 0.095 / 4 = 0.2375
n = the number of time periods = 4 × 5 = 20
We then substitute the values and we will get:
= A((1+r)^n)-1)/r
= 3000 × (1.02375^20-1) / 0.02375
= $88289.8
b. project scheduling helps make better use of resources by identifying the non-critical paths through the network. It would identify criticle paths