Answer:
We to invest <em> $ 17,213 per year to buy the car in seven years from now</em>
Explanation:
<u><em>First, we solve for the future value of the car:</em></u>
Principal 83,800.00
time 7.00
rate 0.10000
Amount 163,302.49
<u><em>Then, for the PTM to achieve tham amount in 7 years:</em></u>
FV 163,302
time 7
rate 0.1
<em>C $ 17,212.981 </em>
Answer:
Im not 100% sure but the answer is C
Explanation:
Answer:
The correct answer is option a.
Explanation:
In 2007-2009 financial crisis occurred globally which originated in the US. It was triggered in the US because of the collapse of the housing bubble which caused the price of houses to decline.
The housing bubble was backed by mortgages securities. The percentage of lower quality or subprime mortgages increase around 2004-06.
This reduction in the asset value for mortgage securities caused the banks to reduce their lending as the debts on consumers and businesses were increasing.
This caused the credit crunch in the year 2008.
Answer:
Sociological School of jurisprudence.
Explanation:
The Sociological School of Jurisprudence believes that both laws and societies are closely related to each other. It states that laws are social phenomenons, therefore they evolve as societies evolve. Laws have a major impact on how societies function, but the laws themselves originate from societies' needs.
For example, less than 100 years ago homosexuality was illegal in most of the world and homosexuals would be punished with jail time or even killed in some countries. Now western societies (North and South America, most of Europe and Australia + NZ) have changed and accept homosexuality as something normal. But there still exist societies where homosexuals are criminals and are still sent to jail or killed.
Answer:
Since the question is incomplete, we could infer that you like to know how to calculate opportunity cost.
Explanation:
Opportunity cost is the value of the next best alternative or option.
Opportunity Cost= FO−CO
where:
FO=Return on best foregone option
CO=Return on chosen option
Let's take for example, Jose expected return on investment in producing one orange is 20 percent over the next year, and also expects the return of investment for melon to be 18 percent over the same period.
His opportunity cost of choosing the melon over the orange using the formula FO−CO = (20% - 18%), which equals two percentage points.