Gaining a profit from sold goods is helpful because the use of scarce resources is optimized. It also provide jobs. The bad side of being in a profit motive business is that some may be tempted to deal with customers . I think that a profit motive business is a good thing.
Answer:
The correct answer is True.
Explanation:
Whenever a conflict arises within the classification of projects between the expected monetary value and the standard deviation, the coefficient of variation is used to try to solve the problem. For this reason, it is concluded that the coefficient of variation is a standardized measure of risk.
Answer:
Amount after 14 years will be $15975.03
Explanation:
We have given that principal amount P = $2000
Time n = 14 years
Rate of interest r = 16 %
We have to find the future value after 14 years
We know that when amount is compounded then future value is given by
So the amount after 14 years will be $15975.03
