Answer:$27.78
Explanation:
Expected value of debt after one year = (40* .60)+(15*.40)
= 24 + 6
=$ 30
Current value of debt = Value at 1year / (1+r)^n
= 30/ (1+.08)^1
= 30 / 1.08
=$ 27.78
Answer:Hi Martina, okie anyway Im taking the test rn too I just answered Tanya, its $25
Explanation:
1 book= 50
2 books= 100
100-50=50
Then 50/2=25
Answer and Explanation:
In the case when the budget balance of the Conania varies i.e. from positive to negative so the capital inflow would decrease
Now this impact private investment spending in such a way that the situation would become worst and this would lead a serious crowding effect that ultimately reduce the economy
Hence, the same is relevant
Answer:
I would give the person these 4 recommendations:
- The person should look for a checking account that does not charge any fees for withdrawals, or that charges a very low fee.
- The person should look for a bank that has a large number of ATMs available, or alternatively, lots of possibilities for online payments.
- The person should look for a bank that does not demand a keeping a minimum balance.
- Finally, the person should research all paperwork that is needed before opening the checking account, in order to streamline the process.
Answer:
5 servings of fries and 2 burgers
Explanation:
The optimal solution to the maximization problem of a consumer is equivalent to the ratio of marginal utilities of goods and it is also equal to the price ratio of the goods. Mathematically:
The burgers and fries marginal utilities are 
and 
respectively while their prices are 
and 
respectively. Thus,
Further simplification:
F/B = 5/2 ; F = 2.5B
Using Antonio's budget income,
B = income/ - ( / )*F
If we use the values in the problem, we have:
B = 20/5 - (2/5)*F = 4 - 0.4F
if we substitute F = 2.5B
B = 4 - 0.4*2.5B
B = 4 - B
B = 4/2 = 2
F =2.5B = 2.5*B = 2.5*2 = 5
Thus, given the budget constraint of Antonio, he can maximize his utility by eating 5 servings of fries and 2 burgers.
