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Andrew [12]
3 years ago
6

Fiat money has :

Business
1 answer:
lys-0071 [83]3 years ago
3 0

Answer: Option (B)

Explanation:

Fiat money is referred to as the currency which tends to have no intrinsic value and thus has been further entrenched as money. This process is often carried out by the federal government. This particular type of money does not tend to have the use of value, and only has the value since the authority i.e. the government tends to maintains its value.

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Investors in middle management are most likely to be investing because they're nearing retirement or
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The can offer a high ROI

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3 years ago
Sam was injured in an accident, and the insurance company has offered him the choice of $25,000 per year for 15 years, with the
stiv31 [10]

Answer:

The lump sum be of $237,228.84

Explanation:

In order to calculate how large must the lump sum be we would have to use  and calculate the formula of Present value of annuity due as follows:

Present value of annuity due=(1+interest rate)*Annuity[1-(1+interest rate)^-time period]/rate

Present value of annuity due=(1+0.075)*$25,000[1-(1.075)^-15]/0.075

Present value of annuity due=$25,000*9.489153726

Present value of annuity due=$237,228.84(Approx)

The lump sum be of $237,228.84

6 0
4 years ago
A business buyer has bought a product several times, but for this purchase is considering a change in product specifications, te
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Modified rebuy

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3 years ago
Tax rates in which the percentage of tax is the same regardless of the level of income is MOST LIKELY a
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Proportional tax system

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The proportions tax system contrasts with the progressive tax system, which bases the tax rate on the taxpayer's income.

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3 years ago
Words have the power to shape our perceptions. While negative language focuses on the problems, positive language leads to _____
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Explanation:

Hehe

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