This device is called the marine chronometer. It was coined by Jeremy Thacker from the Greek word 'chronos' which means time and the word 'meter' which means counter. However, the person who invented this was John Harrison during the 18th century. At that time, he earned £20,000.
Answer:
Foreign License
Explanation:
According to my research on different licensing agreements, I can say that based on the information provided within the question the term being described in the question is called a Foreign License. Like mentioned in the question this type of licensing is an arrangement between two companies to manufacture, distribute and sell the first companies product in countries outside the country of Origin.
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Answer:
d. wage payments to government employees.
Explanation:
Transfer payment is when income is received but neither good or service is exchanged.
Examples of transfer payments in the US include- Social Security, Medicaid, and unemployment insurance .
I hope my answer helps you
Answer:
$2954.22
Explanation:
We are given a present value of $360000 which needs to be paid in the future for the mortgage of a house therefore we are further told that $60000 of down payment has been made so now we are required to pay $300000 as monthly installments for the next 15 years so this is a present value annuity problem as we will have future regular periodic payments that for a house mortgage so firstly to interpret this information properly we will use the present value annuity to find the monthly payments which the formula is as follows:
Pv = Cx[(1 -(1+i)^-n)/i]
where C is the periodic payment we are looking for.
Pv is the present value for the home which is $300000 as a down payment of $60000 was made.
i is the interest rate which is 8.5%/12 as we are told it is compounded monthly.
n is the number of periods the in which the mortgage payments are made which is 15 years X 12 months =180 payments.
now we will substitute in the above mentioned formula :
$300000 = Cx[(1-(1+8.5%/12)^-180)/(8.5%/12)] now we will divide both sides with what multiplies C in brackets to solve for C
$300000/[(1-(1+8.5%/12)^-180)/(8.5%/12)] = C
$2954.218674 = C now we round off to two decimal places
C= $2954.22 which will be the monthly payment for this mortgage for 15 years every month.
Answer:
2865.09
Explanation:
V0 = #Shares * Price per Share
V0 = 100 * 25.8 = 2580
V1 = Today´s Value
V1 = 2865
Return Year 1 = (V1 - V0) / V0
Return Year 1 = (2865 - 2580)/2580
Return Year 1 = 11.05%
New Investment
Abby's desire is to get the same return of 11.05%. So for the next year her investment should be 2580 * (1 + return) --> 2580 * (1 + 0.1105) = 2865.09.
Remember that we are assuming that the 50 are part of the purchase price and we are assuming that she did not add any money.