Answer:
some pros of being a freelance artists are:
- you have no boss, you are technically your own boss
- you can choose how many hours to work and when to work
- you can also choose from where to work (which is actually great in the current time)
- the potential of earning more money exists
some cons of being a freelance artists are:
- even though the potential of earning more exists, earnings are not stable
- freelance workers get paid on a project basis, so that means that your working hours might be very long
- freelancers receive no benefits, e.g paid vacation, health insurance, etc.
- the risk of not being paid exists, but it is much lower if you use certain well known freelance websites
There are a lot of jobs available for freelance artists, although there are also a lot of freelance artists out there, e.g. animator and GFX artist, digital designer, etc.
A bike, because then all the money he has saved for a car can go into a super raw bike that he can trick out and it will last longer as well as save him money.
Answer:
Market price of Bond = $4603.116669 rounded off to $4603.12
Explanation:
To calculate the price of the bond, we need to first calculate the coupon payment per period. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,
Coupon Payment (C) = 5000 * 0.0363 * 1/2 = $90.75
Total periods (n)= 23 * 2 = 46
r = 4.17% * 1/2 = 2.085% or 0.02085
The formula to calculate the price of the bonds today is attached.
Bond Price = 90.75 * [( 1 - (1+0.02085)^-46) / 0.02085] + 5000 / (1+0.02085)^46
Bond Price = $4603.116669 rounded off to $4603.12
What will happen if government spending increases by $100 billion is:
Real output will increase by a maximum of $400 billion.
<h3>
Government spending</h3>
Using this formula
Multiplier=1/(1-MPC)
Where:
MPC=Marginal propensity to consume =0.75
Let plug in the formula
Multiplier=1/(1-0.75)
Multiplier=1/0.25
Multiplier=4
Increase in GDP= Government spending ×4
Increase in GDP=$400
Inconclusion what will happen if government spending increases by $100 billion is: Real output will increase by a maximum of $400 billion.
Learn more about government spending here:brainly.com/question/25125137
Answer:
PV= $11,889.05
Explanation:
Giving the following information:
Future Value (FV)= $13,000
Number fo periods (n)= 3*2= 6 semesters
Interest rate (i)= 0.03/2= 0.015
<u>To calculate the initial deposit, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 13,000 / (1.015^6)
PV= $11,889.05