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3 years ago

Which countries signed in the North American Free Trade Agreement in 1992?

Business

1 answer:

TEA [102]3 years ago

4 0

The correct answer is Canada, the United States, and Mexico

Explanation:

The North American Free Trade Agreement or NAFTA was an economic alliance between three important countries: Canada, the United States, and Mexico (main countries in North America). Additionally, the purpose of this alliance was to facilitate trade between these countries, and in this way promote the development of the economy in these territories. In terms of history, all countries signed for the agreement in 1992, but the alliance was official only in 1993 because of the opposition of some citizens and groups. Thus, in 1992 Canada, the United States, and Mexico signed this agreement.

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If $800 is borrowed at 8% interest, find the amounts due at the end of 4 years if the interest is compounded as follows. (Round

Alisiya [41]

Answer:

(i) $133.12

(ii) $297.6

(iii) $300.8

(iv) $301.6

Explanation:

From the compounding formula;

Future value = Present value $(1+\frac{r}{m}) ^{mn}$

where r is the rate, m is the number of payment per year, and n is the number of years.

Interest = future value - present value

Given that present value = $800, r = 8%, n = 4 years.

(i) annually,

m = 1, so that;

Future value = 800 $(1.08)^{4}$

= $933.12

Interest = $933.12 - $800

= $133.12

(ii) quarterly,

m = 3, so that;

Future value = 800 $(1+\frac{0.08}{3}) ^{(4x3)}$

= 800(1.372)

= $1097.6

Interest = $1097.6 - $800

= $297.6

(iii) monthly,

m = 12, so that;

Future value = 800 $(1+\frac{0.08}{12}) ^{(4x12)}$

= 800(1.376)

= $1100.8

Interest = $1100.8 - $800

= $300.8

(iv) weekly,

m = 54, so that;

Future value = 800 $(1+\frac{0.08}{54}) ^{(4x54)}$

= 800(1.377)

= $1101.6

Interest = $1101.6 - $800

= $301.6

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3 years ago

On April 15, 2012, Andy purchased some furniture and fixtures (7-year property) for $10,000 to be used in his business. He did n

jenyasd209 [6]

Answer:

$874.50

Explanation:

Calculation to determine the cost recovery deduction for 2020

2020 cost recovery deduction = $10,000 × 17.49% × ½

2020 cost recovery deduction = $874.50

Therefore the cost recovery deduction for 2020 is $874.50

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When consumers start to examine the content of media messages they can turn into media-literate viewers. One skill such viewers

EleoNora [17]

It is manipulation because they’re assuming

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3 years ago

Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?

Anastaziya [24]

The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

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4 years ago

Read 2 more answers

Do women spend more time talking on the phone than men? a student collects data from students at her university and reports a

zalisa [80]

Answer:

No

Explanation:

Remember, that as used in statistics the Confidence intervals only ascertain the extent to which a sample is uncertainty or certainty, that is, the student report of a 90% confidence interval is just a probability the university population of men and women surveyed would fall under this range of value (minus 150,30).

Therefore, it cannot be concluded that mu(women) is higher than mu(men.

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3 years ago