They trade an item for another item
Answer:
$84,121.21
Explanation:
For computing the value, first we have to determine the PMT which is shown below:
= Payment ÷ interest rate
= $6,400 ÷ 5.3%
= $120,754.7170
Now the value at year 7 would be
= PMT ÷ (1 + interest rate)^number of years
= $120,754.7170 ÷ (1 + 5.3%)^7
= $120,754.7170 ÷ 1.4354848003
= $84,121.21
So, the value at date is $84,121.21
Answer:
Option A
Explanation:
In simple words, Maurice is confused that if he should work with animals or not. Working voluntary in an animal shelter would give him a first hand experience and will definitely clarify his doubts to a very good extent.
The ice cream parlor option do not provide him with any exposure. And researching is baseless s he is not sure if he even wants to work with animals. Last question is also incorrect as the case did not given any fact about his Monterey ambitions.