For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice
Answer:
the International Trade Organization.
Explanation:
The Bretton Woods system was a post-World War II reconstruction plan which took place in New Hampshire to found three key institutions to promote capitalism, policy coordination and free trade respectively: the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), which later became the World Bank, and the International Trade Organization, which later became the World Trade Organization.
1) Fabian owns a store
2) He has to pay back the money to the creditors from whom the inventory was taken.
<u>Explanation:</u>
Ownership is the state, act, or right of owning something, i.e., possessing something. For example, the government is the owner of a state company. Liabilities are defined as a company's legal financial debts or obligations that arise during the course of business operations.
Since in this question, Fabian is the owner of a shop and he possesses it and he owns it. And since it is a financial debt on Fabian to pay the creditors, it is a liability for him.
Answer:
$10,020
Explanation:
The computation of the large amount that should be deposited is shown below:
Future value of annuity is
= Annuity × [(1+rate)^time period-1] ÷ rate
= Annuity × [(1.045)^45-1] ÷ 0.045
= Annuity × 138.8499651
Future value = Present value (1 +interest rate)^number of years
where
= $15,000 × (1.045)^45
Now
The total future value: is
$1,500,000 = $15,000 × (1.045)^45 + Annuity × 138.8499651
$1,500,000 = ($15,000 ×7.24824843) + Annuity × 138.8499651
Annuity = ($1,500,000 - $108,723.7264) ÷ 138.8499651
= $10,020
