Answer:
The correct answer is "$44,013.89".
Explanation:
Given:
Investment per year,
= $5,700
Required return,
= 5%
As we know,
⇒ 
Or,
⇒ ![Annuity \ factor=\frac{1-[\frac{1}{(1+k)}]^n }{k}](https://tex.z-dn.net/?f=Annuity%20%5C%20factor%3D%5Cfrac%7B1-%5B%5Cfrac%7B1%7D%7B%281%2Bk%29%7D%5D%5En%20%7D%7Bk%7D)
then,
The present value of 10 annual payment will be:
= ![5700\times \frac{1-[\frac{1}{(1+.05)}]^{10} }{.05}](https://tex.z-dn.net/?f=5700%5Ctimes%20%5Cfrac%7B1-%5B%5Cfrac%7B1%7D%7B%281%2B.05%29%7D%5D%5E%7B10%7D%20%7D%7B.05%7D)
= 
($)
Answer:
sunk cost
Explanation:
Sunk cost is cost that has already been incurred and it cannot be recovered. When making future decisions, sunk cost should not be considered.
The money i paid for the ticket is the sunk cost. I should not consider this cost when making the decision of whether to for the concert or not to
Answer:
Nominal gross domestic product (GDP) measures the market value of all the new and legal goods and services produced in a country within a year. While real GDP adjusts nominal GDP to inflation. Since inflation is generally positive, real GDP decreases as inflation increases. The higher the inflation rate, the larger the difference between nominal and real GDP. Depending on which year is used as base year (year 0), the difference that existed in 2010 can be either significant or not.
The difference = ($14,657 / $13,245) - 1 = 10.66%, which means that nominal GDP was 10.66% higher than real GDP. If the base year is 2000 or even 2005/6, the difference is very small since the accumulated inflation would only be 10.66% for all these years. But if the base year was 2008 or even 2009, then the inflation rate is high.
Answer:
B) The increased title sales will offset advertising costs.
Explanation:
I solved this using an elimination process, since we can infer:
- that customer demand should increase due to the new advertising campaign.
- the sales of the new title should help increase the total sales volume.
- since the advertising campaign is about the new title, it sales should be affected by it.
- hopefully a lot of customers that listen or watch the advertising campaign will buy the new title.
The only thing that we are not given any information about is the cost of the advertising campaign, so there is no way we can tell if the increased sales will offset the costs.
Answer:
does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses
Explanation:
From the question, we are informed about Craig and Kris who were walking directly toward each other in a congested store aisle. Craig moved to his left to avoid Kris, and at the same time Kris moved to his right to avoid Craig. They bumped into each other. This example illustrates the concept of coordination failure and in this case, This idea relates to macroeconomic instability because the economy does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses. Coordination failure can be regarded as failure that takes place as a result of group of firms want to achieve a more desirable equilibrium, but resulted to failure as a result of their decision making not been coordinated
