Answer:
$3,593.44
Explanation:
The present value (P) of an annuity payment (A) at an annual rate 'r', compounded annually over of period of 't' years, is given by:
If payments are $900 each at an 8 percent rate for five years, the present value is:
The present value of the annuity payment is $3,593.44
Kenneth Waltz known for being Neorealist scholars argue that international system are more stable than multi-polar system. The neorealist scholar, Kenneth waltz contend that international system are more stable than multi-polar system. It is more stable not less stable than multi-polar system.
Answer:
Cost incurred while running a restaurant:
Salary paid = $200,000 per year
Ingredients cost = $50,000 per year
Before running this restaurant, he was earning $150000 per year.
Here, we are using a concept called opportunity cost.
Opportunity cost refers to the benefit of a commodity that is forgone to produce one extra unit of some other commodity.
It is also refers to the value of next best alternative that is given up by choosing some other alternative.
In this question, opportunity cost of running a restaurant is the income that is earned when he was a lawyer, i.e, $1,50,000 per year. This is the income that is foregone when he started running a restaurant.
Answer:
The correct answer is letter "C": international.
Explanation:
International business strategies are the systems used to plan and implement a series of actions driven to compete and place a company in the international market. The process implies analyzing and evaluating the target market, implementing the organization's operations abroad using innovative technology and strategies, and monitoring the results. At this stage, firms tend not to be worried about production costs until the entry of competitors.