Answer:
$199,047.62
Step-by-step explanation:
PV = X(1+i)^nm
X=$209000
i=5% = 0.05
n=1
m=1
Pv=$209000(1+0.05)^-1x1
Pv=$209000(1.05)^-1
Pv=$209000(1/1.05)
Pv=$209000/1.05
Pv=$199,047.62
$199,047.62 is needed to be donated for investment at 5.0% compounded annually rate for a year so as to get $209,000 at end of the year for the purpose of funding the scholarship.
Answer:
24
Step-by-step explanation:
6 ÷ 1/4 = 6 × 4 = 24
Answer: commom resources good
Step-by-step explanation:
The question above signifies that I can't eliminate shoes from my list. To me, shoes are inexcludable. You can see that as my income increases, my purchases of shoes increase.
I chose common resources good because they are non-excludable (something difficult to eliminate), but can compete with other goods. This means that their availability to other people decreases when they are being used up.
Other types of goods besides common resources good are
- Private goods (products that are easily eliminated and rival)
-Club goods (excludable products but non rival)
-Public goods (unable to eliminate and non-rival)
2/7 is the probability that the first satellite sends a weak signal. That leaves 6, one of which sends a weak signal. So the probability that the second also sends a weak signal is 1/6. Combine these and we get 2/7×1/6=1/21.
