Answer:
PV= $4,903.38
Explanation:
Giving the following information:
FV= $35,000
n= 15 years
i= 14% compounded annually
<u>To calculate the initial investment required, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= present value
FV= future value
i= interest rate
n= number of years
PV= 35,000/(1.14^15)
PV= $4,903.38
Answer:
a. The unemployment rate in the United States was 9.7 percent in March 2010. - <em>Macroeconomics</em>
b. A U.S. software firm discharged 15 workers last month and transferred the work to India. - <em>Microeconomics</em>
c. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise. - <em>Microeconomics</em>
d. U.S. output, adjusted for inflation, decreased by 2.4 percent in 2009. - <em>Macroeconomics</em>
e. Last week, Wells Fargo Bank lowered its interest rate on business loans by one-half of 1 percentage point. - <em>Microeconomics</em>
f. The consumer price index rose by 2.7 percent from December 2008 to December 2009. - <em>Macroeconomics</em>
Explanation:
Microeconomics refers to the study of economics at an individual, group or company level. Microeconomics focuses on issues that affect individuals and companies.
On the other hand, macroeconomics refers to the study of a national economy as a whole and focuses on issues that affect the nation or state as a whole.
Answer:
Respondents might consider the survey to be junk mail
Correct.
Respondents may exaggerate or distort facts
Correct.
Respondents do not have enough time to consider their answers.
Correct.
Respondents may not represent an accurate population sample.
Correct
The response rate may be too high to manage.
Not Correct.
Explanation:
There are many to measure the effectiveness of company meetings. The one of measure is to use sample survey. Here the survey is sent to only selected companies so the respondent might not answer accurate and concerns of all companies cannot be known. The response rate will not be high as the survey is sent to only selected companies. However the survey does not include any quantitative measure to identify the effectiveness of meeting. Also one major disadvantage is that respondents might not have proper time to consider this survey due to work load at the office and few might not get the e-mail because this might go in the spam or junk folders which they do not check regularly.
Radiologists have been dictating their patient reports over the years and transcriptionists used to figure out what they are saying. As the healthcare system progresses, technology like EHRs and speech recognition are turning difficulties during the transcription phase into serious challenges. As still many radiologists are dictating and self-editing their reports, there is still significant transcription activity.
Answer: d. All of the choices are correct.
Explanation:
The funds that are provided by individual savers to firms for expansion are a very integral part of the financial system as they allow for companies to expand thus increase the Economy's productivity.
Some ways they can get their funds to business firms include;
- Direct transfers of money when the company offers its stocks or bonds to directly individual savers who will then buy it from them with the money paid going towards the welfare of the business.
- Indirect transfers through an investment banking firm who act as intermediaries in stock and bond issues. Individual savers will communicate with the investment banks and then buy the stock and bonds from them.
- Indirect transfers through a financial intermediary can occur when savers pull their funds together in an institution such as a bank or mutual fund that will then invest in businesses for them.