Answer:
Total amount after 45 years will be equal to $12+0147.1
Explanation:
We have given initial amount, that is principal value P = $60000
Expected rate of return r = 7 %
Time period n = 45 years
We have to find the amount after 45 years , that is future value
Future value is given by
, here A is future value P is present value r is rate of interest and n is time period
So
$
So total amount after 45 years will be equal to $12+0147.1
A country's gross domestic product would exceed its gross national product when the net of income of resident oversees and income earned by foreign residents is negative.
<h3>What is GDP and GNP?
</h3>
Gross national product (GNP) is the sum of GDP, income earned by residents from overseas investments less income earned by foreign residents.
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
To learn more about GDP, please check: brainly.com/question/15225458
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Answer:
Option (A) is the only accurate statement about a population regression model.
Explanation:
Option A is the only correct answer because ui is the stochastic component of Yi.
On the other hand, option B is incorrect. It would only be correct for a sample regression model. This is because alpha (α) and beta (β) have hats or caps on them. The hat shows that they are estimated values (estimated from the given/measured population values for Y and X).
In this duo-variable (two-variable) regression model, ui without a cap is the stochastic component of Yi.
Answer:
A. Product Focus
Explanation:
In business, product focus is an approach that operations, strategies and metrics in the terms of the product . High volume, low variety production is best suited for product focus production because the facilities are organized around the finished product. Firms that use this approach usually operates in high levels of standardization and quality control. This are usually associated with manufacturing and firms that continually improve products to stay relevant in an industry.