Answer:
The correct answer is $45,720.
Explanation:
According to the scenario, the given data are as follows:
Payment (pmt) = $16,000
Rate of interest (R)= 3.5% = .035
Time (t) = 30 years
Time (compounded daily ) (n) = 365days
(nt) = 365 ×30 = 10950 days
So, we can calculate future value after 30 years by using following formula:
FV = pmt × 
= $16,000 × 
= $16,000 × 2.8575
= $45,720
Hence, the future value after 30 years will be $45,720.
Answer:
The marginal cost for producing the 101th unit is $100
Explanation:
The marginal cost can be defined as the cost of producing an additional unit of output. It can be traced by increasing the total output by one unit and tracing the change in the total cost as a result of this one unit increase in output.
The total cost of producing 100 units is $9000
The total cost of producing 101 units is $9100
The marginal cost of 101th unit is = Total cost of 101 units - total cost of 100 units
The marginal cost of 101th unit = 9100 - 9000 = $100
Answer:
customs union
Explanation:
The arrangements between the two countries is called a customs union. In a customs union agreement, the member countries apply common external trade policies with the rest of the world while ensuring free trade and common tarrif amongst themselves. This is a partial form of economic integration that aims to boost economic progress among countries while also strengthening political and cultural ties among them
Answer: B.
Explanation: Contributions to individuals, foreign governments, foreign charities, and certain private foundations similarly are not deductible.