Answer: D. uv = 1.71 and vu = 3.16
Step-by-step explanation:
edge2020
Answer:
(4,7) and (0,1)
Step-by-step explanation:
(7-4)/(4-2) = 3/ 2, and (4-1)/(2-0) = 3/2.
Answer:
The supply and demand curves will shift to the left i.e. there will be a decrease in demand and supply.
Step-by-step explanation:
First: Tax is a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Secondly: Money supply is the total amount of monetary assets available in an economy at a specific time.
When tax is increased, this means individuals and businesses have to contribute more to the state revenue leaving both categories with lesser income or profit i.e. lesser to spend.
In the same way, when money supply decreases, there is lesser money available to both individuals and businesses
What this implies is that demand will decrease because income has decreased. Supply will also decrease because producers will not make as much profit given the increase in tax (tax is considered cost of production).
As a result of this, the demand curve shifts to the left, the supply curve also shift to the left because both demand and supply will decrease.
Answer:
D. $31,337.27
Step-by-step explanation:
We have that the initial amount of the loan is $5500.
Miranda took the loan for 4 years. So, the total present value is $5500×4 = $22,000.
The rate of interest on the loan is 7.5% i.e. 0.075 and it was for the duration of 10 years.
Also, it is given that the loan was compounded annually.
We have the formula as,
i.e. ![PV=\frac{P\times [1-(1+\frac{r}{n})^{-t\times n}]}{\frac{r}{n}}](https://tex.z-dn.net/?f=PV%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7B-t%5Ctimes%20n%7D%5D%7D%7B%5Cfrac%7Br%7D%7Bn%7D%7D)
Substituting the values, we get,
i.e. ![PV=\frac{P\times [1-(1+\frac{0.075}{12})^{-10\times 12}]}{\frac{0.075}{12}}](https://tex.z-dn.net/?f=PV%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B%5Cfrac%7B0.075%7D%7B12%7D%29%5E%7B-10%5Ctimes%2012%7D%5D%7D%7B%5Cfrac%7B0.075%7D%7B12%7D%7D)
i.e. ![22000=\frac{P\times [1-(1+0.00625)^{-120}]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B0.00625%29%5E%7B-120%7D%5D%7D%7B0.00625%7D)
i.e. ![22000=\frac{P\times [1-(1.00625)^{-120}]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281.00625%29%5E%7B-120%7D%5D%7D%7B0.00625%7D)
i.e. ![22000=\frac{P\times [1-0.4735]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-0.4735%5D%7D%7B0.00625%7D)
i.e. 
i.e. 
i.e. 
i.e. 
Thus, the total lifetime cost to pay of the loans compounded annually = 261.16 × 120 = $31,339.2
Hence, the total cost close to the answer is $31,337.27
Answer:
subtract them
Step-by-step explanation:
