Answer:
$24135.72
Explanation:
Given pmt 320, r 9% n 5 years
This amount is paid monthly s\and there are 12 months in a year
r = 9%/12 =0.75%
n = 5* 12 =60
We will use the future value of annuity
FV = pmt *[(1+r)^n - 1/r)]
= 320 *[(1+0.0075)^60-1/0.0075
=$24135.72
There were a few factors that occurred in the 1950's to affect the economy such as automated loader and undercutting machines in the coal mines. The people of Appalachia depended on the coal mines for their incomes. Coal prices declined in the 1950's and this led to numerous lay-offs and people being unemployed with little jobs in the community.
Option D is true, the price of the good sold will rise under either policy and there will be a reduction in the level of production
Explanation:
Carbon-free is an effective way, even though the economy puts a monetary price above it and gives a value to the actual cost. Since the pollutant price is still in place, polluters are motivated to reduce pollution and to decide how far the gasses are produced.
In comparison, the restriction or cap on pollution can be published from industry by the cap-and-trade system. This limit is decreased in many cases after the pollution goal is met. If this is the case, the law requires polluters to buy the remaining quota from others with low emissions and generate more than the allotted quota.
Both methodologies will increase the cost of the good generated because it is distortionary. Production should however be decreased because of the control of pollution.
Answer: Option (B)
Explanation:
Here, in this particular case we can state that Lenox would use <em>personal selling </em>as the promotional element in order to reach their Macy's buyer. Personal selling is referred to as use of individuals by businesses in order to sell their commodity after meeting their respective clients face-to-face. The sellers mostly tend to advance the commodity through their belief, conviction appearance and the knowledge regarding the commodity.