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tester [92]
3 years ago
14

A cash-strapped young professional offers to buy your car with four, equal annual payments of $3,000, beginning 2 years from tod

ay. Assuming you're indifferent to cash versus credit, that you can invest at 10%, and that you want to receive $9,000 for the car, should you accept?
Business
1 answer:
kiruha [24]3 years ago
5 0

Answer:

This means that receiving 9000 today is better for us as we will have more at the end of 6 years.

Explanation:

We need to first calculate what is the future value of payments in both scenarios. If we receive $9,000 today and invest it at 10% for 6 years we will have 9000*1.10^6=15,944

If we start reviving cash in 4 annual payments 2 years from now of $3000 we will have to find the future value of each individual payment and add them up.

First payment Future value = 3000*1.10^4=4392 (Money can be invested for 4 years at 10%)

Second payment future value = 3000*1.10^3=3993 (Money can be invested for 3 years at 10%)

Third payment future value = 3000*1.10^2=3630 (Money can be invested for 4 years at 10%)

Fourth payment future value = 3000*1.1=3300

Add them all up = 15315

This means that receiving 9000 today is better for us as we will have more at the end of 6 years.

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Why do you think most companies make use of celebrities in their marketing promotional activities?​
Amanda [17]

Answer:

Celeberties get a lot of attension, companies want attension to sell the goods or serveicef they see a celebirty they feel safe in buying their things.

Explanation:

7 0
3 years ago
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You are writing the second edition of a user manual to be included with software sold to the general public. You want to reuse a
OLga [1]

Answer:

rewrite the introductory materials yourself

Explanation:

Based on the information provided within the question it can be said that in this scenario your best option would be to rewrite the introductory materials yourself . Without knowing what who wrote that section or what the contractual conditions were you cannot copy that material because you are risking being sued for copyright infringement and potentially losing a lot of money or even the software in some cases.

6 0
3 years ago
कवि ने अपनी और कोयल की स्थिति में क्या विषमता बतलाई है?​
aleksandr82 [10.1K]

Answer:

BRUH SERIOUSLY COMMON MAN

6 0
3 years ago
In general, individuals and nations should specialize in producing those goods for which they have a(n):
lesya [120]

Answer:

Comparative advantage.

Explanation:

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation." Also, the principle of comparative advantage states that, nations (countries) can become better off than their contemporaries through the process of specializing in what they know how to produce or do best.

This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).

In general, individuals and nations should specialize in producing those goods for which they have a comparative advantage.

8 0
3 years ago
Mary’s Flower Boutique needs to ship finished goods from its manufacturing facility to its distribution warehouse. Annual demand
docker41 [41]

Answer: The calculation is as follows:

Explanation:

Given that,

Annual demand = 2000 flowers

Regular parcel service = 3 days transit time

Premium parcel service = 1 day transit time

Public carrier = 5 days transit time

(1) Average annual transportation inventory for Regular parcel service:

⇒ \frac{Annual\ demand\ \times\ Regular\ Service}{365}

= \frac{2000 \times\ 3}{365}

= 16.43

(2) Average annual transportation inventory for Premium parcel service:

⇒ \frac{Annual\ demand\ \times\ Premium\ Service}{365}

= \frac{2000 \times\ 1}{365}

= 5.47

(3) Average annual transportation inventory for Public carrier:

⇒ \frac{Annual\ demand\ \times\ Public\ carrier}{365}

= \frac{2000 \times\ 5}{365}

= 27.39

5 0
3 years ago
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