Answer:
The correct answer is $20,369.65.
Explanation:
According to the scenario, the computation of the given data are as follows:
Payment (pmt) = $2,025
Discount rate ( rate) = 7%
Time period ( Nper) ( 6 -23 years) = 18 years
So, we can calculate the Present value by using financial calculator.
Attachment is attached below.
So, Present Value = $20,369.65
Aggregate demand will decrease by $900 billion.
The overall demand for finished goods and services in an economy at a certain period is known as aggregate demand (AD) or domestic final demand (DFD) in the field of macroeconomics. Effective demand is a common name for it, however other times this term is used to make a distinction. This is a country's demand for its gross domestic output. It details the volume of goods and services that will be bought at every price point. The aggregate demand is made up of investment, corporate and governmental expenditures, consumer spending, and net exports. Real output is represented on the horizontal axis and the price level is plotted on the vertical axis to represent the aggregate demand curve. Although it is presumed to be downward sloping, the Sonnenschein-Mantel-Debreu findings demonstrate that the curve's slope
To know more about aggregate demand refer to brainly.com/question/24777291
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Answer:
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Answer:
A. 3.21 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $7,500
In year 1 = $1,100
In year 2 = $1,640
In year 3 = $3,800
In year 4 = $4,500
If we sum the first 3 year cash inflows than it would be $6,540
Now we deduct the $6,540 from the $7,500 , so the amount would be $960 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $4,500
So, the payback period equal to
= 3 years + $960 ÷ $4,500
= 3.21 years
In 3.21 yeas, the invested amount is recovered.
Answer:
the income tax liability for the year 2020 is $9,680
Explanation:
The computation of the income tax liability for the year 2020 is as follows:
= (Adjusted gross income) - (itemized deductions) × tax rate
= ($54,000 - $10,000) × 0.22
= $44,000 × 0.22
= $9,680
We assume the tax rate be 22%
hence, the income tax liability for the year 2020 is $9,680
