Answer:
$3,529.51
Explanation:
Future value = $120,000
N = 18
i = 7%
Future value = Annual savings * [(1 + Interest rate)^Years - 1] / Interest rate
Future value = Annual savings * [(1 + 0.07)^18 - 1 / 0.07]
Annual savings = $120,000 / [(1 + 0.07)^18 - 1 / 0.07]
Annual savings = $120,000 / 2.37993227573 / 0.07
Annual savings = $120,000 / 33.99903251042857
Annual savings = $3529.512199007199
Annual savings = $3,529.51
Therefore, the annual savings is $3,529.51
Answer:
Option (D) is correct.
Explanation:
Initial price = $7
Initial quantity supplied = 4,500
New price = $9
New quantity supplied = 5,500
Percentage change in Quantity supplied:
= (Change in quantity supplied ÷ Initial quantity supplied) × 100
= [(5,500 - 4,500) ÷ 4,500] × 100
= (1,000 ÷ 4,500) × 100
= 0.22 × 100
= 22%
Percentage change in price:
= (Change in price ÷ Initial price) × 100
= [($9 - $7) ÷ $7] × 100
= ($2 ÷ $7) × 100
= 0.2857 × 100
= 28.57%
Therefore, the price elasticity of supply is as follows:
= Percentage change in quantity supplied ÷ Percentage change in price
= 22 ÷ 28.57
= 0.77
Hence, the price elasticity of supply of oranges is inelastic, since it is less than 1.
Answer:
c. cash, checking account balances, and travelers' checks.
Explanation:
Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:
-M0: narrowly, it means the hard currency in circulation
-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.
-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.
-M2: covers M1 and saving accounts and CDs.
-M3: it surrounds the larger deposits.
-MZM: finally, this indicates the money market deposits.
That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.
Answer:
positioning
Explanation:
Based on the scenario being described within the question it can be said that Shannon is engaged in the marketing activity known as positioning. This activity refers to the different actions taken in order to place a brand in such a way that it occupies a space in the customers minds and distinguishes it from the other competitors in the market.
Answer: Positive net exposure
Explanation:
Net exposure is the difference in quantity between an investment's fund lengthy and brief exposure. It measures the level to which the trading book of a fund is exposed to variations in the industry.
A firm that possess more foreign assets than its liabilities has a positive net exposure. Positive net exposure implies that there is a currency's net long. This means that in a given currency, a firm possesses more assets than liabilities. The main disadvantage with positive net exposure is that there may be a fall in the value of the foreign currency at the expense of the domestic currency in the long run.
