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Snowcat [4.5K]
3 years ago
11

What is a disadvantage of Maria's staying home with her children until the youngest is of school age?

Business
1 answer:
Shkiper50 [21]3 years ago
4 0

<u>Explanation:</u>

Maria may not be able to retire at an earlier age. This is because she sacrifices here years of employment by not being economically productive. Her husband has to meet the family expenses single-handedly through his income. Lot of money is spent on child care so they will not be able to save money for their retirement.

To take an early retirement one should have saved quite an amount of money. This will increase the working years for her and her husband.

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Jada, when she turned 38, made an investment of $25,000 at an interest rate of 7.8% per year, compounded every 3 months. Now tha
dimulka [17.4K]

Answer:

When Jada is 44 years, the investment will be worth $39,741

Explanation:

time will be 44 - 38 = 6

t = 6 years

compounded every 3 month means 4 times a year (12/3 = 4)

n = 4

r = 7.8%

p = $25,000

FV = P(1 + \frac{r}{n} )^ {nt}\\FV = 25000(1 + \frac{0.078}{4})^{4 * 6}\\FV = 25000(1 + 0.0195)^{24}\\FV = 25000(1.0195)^{24}\\FV = 25000 * 1.589620748\\FV = 39740.518710589\\FV = 39741

4 0
3 years ago
The quantity theory of money is a theory of how A) the money supply is determined. B) interest rates are determined. C) the nomi
meriva

Answer:

C) the nominal value of aggregate income is determined

Explanation:

The quantity theory of money states that nominal aggregate income is determined by money supply. It is assumed that money velocity is constant in the short run and so would not impact nominal aggregate income.

The quantity theory of money is obtained from the equation of exchange which is:

(Money supply × velocity ) = (price × agregrate output)

Dividing both sides by velocity gives,

Money supply = (1/velocity) × ( price × agregrate output)

It is assumed velocity is constant, therefore,

Money supply = k × (price × agregrate output)

I hope my answer helps.

All the best

5 0
3 years ago
True or false. the emotional needs of human infants are as important as their physical needs
Mice21 [21]
True! Instances of babies that are treated poorly both mentally and physically can equally affect the mental health of that child as they grow up.
3 0
3 years ago
Read 2 more answers
According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contr
Pie

According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods courts generally have no basis for determining a remedy.

<h3>What do you mean by Uniform Commercial Code?</h3>

The uniform Commercial code states that a sale consists of the passing of title from the seller to the buyer for a price.

According to the Uniform Commercial code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods, courts have no basis for the determination of remedy.

Learn more about uniform commercial code here:

brainly.com/question/8476938

#SPJ1

3 0
2 years ago
Ivory purchased a car for $24,000. The annual interest rate on the loan is 3.5%. She will make payments for 6 years. What is Ivo
Kitty [74]
11.68 $ a month, i believe thats the answer, if not its pretty close...

3 0
3 years ago
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