Answer:
PV= $114,699.21
Explanation:
Giving the following information:
Annual payment= $10,000
Number of years= 20
Interest rate= 6%
<u>To calculate the present value, we need to use the following formula:</u>
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
A= annual payment
PV= 10,000*{(1/0.06) - 1 / [0.06*(1.06^20)]}
PV= $114,699.21
Answer: (D) Support process
Explanation:
The support process is one of the type of primary process that helps in determining the main core functions and also the operations such as communication, accounting, managing and maintenance of an organization.
The main purpose of the support process is to manage the development and the configuration management in an organization.
According to the given question, the support process is refers to the business process which include the purchasing the various types of materials that is used in the manufacturing purpose such as installations and also managing the inventory system.
Therefore, Option (D) is correct answer.
Answer:
price of wheat to increase, the supply of bread to decrease, and the demand for potatoes to increase.
Explanation:
A drought will reduce the supply of wheat thereby causing the supply curve to shift upwards (to the left) leading to an increase in the price of wheat. Since wheat is a basic ingredient in producing bread, an increase in the price of wheat will increase the cost of producing bread. An increase in cost of producing bread will reduce the supply of bread, shifting the supply curve to the right.
Potatoes and bread are close substitutes and therefore, have a competitive demand. An increase in the price of bread will increase the demand for potatoes because rational consumers will opt for a cheaper alternative considering their money income.
Answer:
1,187.03
Explanation:
he listing and selling broker each get 50% of the 7 5 commission.
The commission equal 7/100 x $96,900
Each broker gets =3,391.5
The selling broker (broker working with the buyer) get 35 % of 3,391.5
=35/100 x 3,391.5
=1,187.025
=1,187.03
