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Scorpion4ik [409]
4 years ago
12

Which of the following is a service that banks provide?

Business
2 answers:
soldi70 [24.7K]4 years ago
7 0

Answer:

Loaning Money

Explanation:

a.p.e.x

bixtya [17]4 years ago
4 0
B; loaning money, the rest are not.
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John has just won the state lottery and has three award options from which to choose. He can elect to receive a lump sum payment
12345 [234]

Answer:

John should opt for the 30 annual end-of-the-year payments of $4 million as that gives the highest present of value of $49,636,164.73  as shown below.

Explanation:

The options are evaluated as follows:

Option 1 $46,000,0000 today

Option 2

The present of value of this option is calculated using the below formula:

Present value of annuity = ((1-(1/((1+i)^n))/i) X PMT

where i=rate=7%

n=10years

PMT=$7m

PV=((1-(1/((1+0.07)^10))/0.07) X 7000000

PV=$ 43,834,929.21  

Option 3

The present value of this option using the formula in option 2 is:

PV=((1-(1/((1+0.07)^30))/0.07) X 4000000

PV=$49,636,164.73  

Hence, the last option is preferable.

7 0
3 years ago
Assume the lunch plate industry in Oahu, a perfectly competitive industry, is in long-run equilibrium with a market price of $5.
Wewaii [24]

Answer:

Explanation:

The lunch plate industry in Oahu is a perfectly competitive industry.  

This industry is also a decreasing cost industry. A decreasing cost industry can be defined as the type of industry where an increase in the number of firms in the industry causes the average production cost to decline.  

The industry is currently in long-run equilibrium and has the price level at $5.

As the demand increases, the price level will initially increase. But this increase in the price will cause the profits to increase and thus attract potential firms to join the market.  

As the number of firms increases the average cost of production will decrease. As a result, the supply in the market will increase more than the demand.  

So the long-run equilibrium will be reestablished at a lower price than earlier.

7 0
3 years ago
Maxwell has $10,000 in the bank, a $250,000 home, and investments worth $8,000. He also has $8,000 worth of credit card debt and
11111nata11111 [884]
Assets Liabilities
10,000 8,000
250,000 175,000
8,000
Total Total
268,000 183,000

Fundamental Accounting Equation
Assets - liabilities= Equity

268,000-183,000=
85,000 is net worth

Hope this helps :)
( I'm doing accounting too)
6 0
3 years ago
Read 2 more answers
Digital assets encompass any computer-related resources that are owned by an organization if the assets were created on the comp
german

Answer:

The statement is: True.

Explanation:

Digital assets represent all the virtual creations of individuals made on computers within an organization. Digital assets are intangible, meaning they cannot be perceived with the senses but they are stored and displayed in servers (or the cloud) for its corporate use. Digital assets include<em> illustrations, logos, presentations, reports, spreadsheets, e-mails, </em>and <em>websites</em>, among others.

5 0
3 years ago
How might the government regulations affect a small family restaurant
raketka [301]

Explanation:

regulations are significance]factor that could prevent from our restaurant from growing it also involved rule makingfind child labor

7 0
3 years ago
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