Which statement defines equilibrium in a graph showing demand and Supply curves?
1 answer:
You might be interested in
Answer:
27.85 years
Explanation:
In this question we use the NPER formula that is shown in the spreadsheet
Provided that
Present value = $767.50
Future value = $1,000
Rate of interest = 8.49% ÷ 2 = 4.25%
PMT = $1,000 × 6.3% ÷ 2 = $31.50
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the number of years is 55.71
But in this case, it would be
= 55.71 ÷ 2
= 27.85 years
<u>Solution and Explanantion:</u>
<u>Determining the gain or loss recognized by M corporation </u>
Loss to be recognised = Market Value – Purchase Value
= $75000
Thus, loss to be recognised by the “M” corporation is $75000
<u>Determining the gain or loss of A: </u>
= ($40000)
Thus, loss to be recognised by A is $40000