Answer:
$9,200
Explanation:
The computation of the opportunity cost of going to summer school is presented below:
= Summer tuition fees and cost of books + earning if working somewhere
= $2,200 + $7,000
= $9,200
In order to determine the opportunity cost, we considered the summer tuition fees & books cost and earnings
And, the summer rent is a fixed cost so it would not be included.
Answer:
The option with the quarterly compounding provides a higher future value.
Explanation:
Giving the following information:
Initial investment= $7,000
Number of years= 4 years
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>Quarterly compounding:</u>
Interest rate (i)= 0.07/4= 0.0175
n= 4*4= 16
FV= 7,000*(1.0175^16)
FV= $9,239.51
<u>Monthly compounding:</u>
i= 0.0685/12= 0.00571
n= 4*12= 48
FV= 7,000*(1.00571^48)
FV= $9,200.07
The option with the quarterly compounding provides a higher future value.
Supply refers to the amount of the good or service able to be supplied. Demand refers to the public’s want of the said good or service. Supply and demand are interconnected because if the supply is low, the demand will be high and the price will rise. If the supply is high, so there are many of the said item or service, then the demand won’t be as high since there is a surplus in supply which leads to lower prices to entice consumers to buy still.
The option that is true about the Master Layout dialog box is C. Allows you to add a text placeholder.
The Master Layout dialog box simply refers to the tip slide in the hierarchy of slides that is vital in storing information about the side layouts and theme in a presentation.
The Master Layout dialog box is also vital in storing information about background, color, effects, fonts, etc. It also allows the user to add a text placeholder.
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Basically I don’t know the answer but it wants me to put something
