The formula of the future value of an annuity ordinary isFv=pmt [((1+r)^(n)-1)÷r]Fv future value?PMT yearly payment 1200R interest rate 0.07N time 49 years (70-21)
Fv=1,200×(((1+0.07)^(49)−1)÷(0.07))Fv=454,798.80
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Answer:
C) Is the ability to alter the market price of a good or service.
Explanation:
Market power can be held by both consumers and suppliers, it just depends on the size of each of them. For example, a monopoly has a very large market power because it is the only supplier of a certain product or service. On the other hand, a large manufacturer or retailer has a large market power over its vendors. E.g. Walmart is known for demanding the lowest possible prices form its vendors.
Answer: Ultimo co. operates three production departments as profit centers. the following information is available for its most recent year. department 1's contribution to overhead as a percent of sales is 20%
Explanation:
A 401(k) is a good long-term investment strategy hope it helps
Answer: (D) Comparative advantage
Explanation:
The comparative advantage is one of the basis for the trade as it has the capability for producing the various types of products and the services at low opportunity cost.
The comparative advantage basically refers to the economical ability for selling the products at very lower cost as compared to other firms and it also producing the strong sale margins.
Therefore, Option (D) is correct answer.